Thane
Majiwada has evolved into a prominent residential hub within Thane, characterized by consistent price appreciation and a strong rental ecosystem. The market shows a balanced mix of ready-to-move units and new developments, drawing interest from both end-users and investors looking for long-term growth. Rental activity is particularly vibrant, with a yield of 4.21% indicating high demand for quality housing across various configurations. Government registration data confirms significant market momentum, with hundreds of transactions recorded annually, underscoring the locality's stability and appeal in the broader Thane real estate landscape.
As of June 2026, the average asking price in Majiwada is ₹20,250 per sq ft. This rate has appreciated by 1.51% compared to the previous period, reflecting sustained demand for residential apartments in this locality.
Property prices in Majiwada have shown a steady upward trajectory, moving from ₹18,550 per sq ft in December 2025 to ₹20,250 per sq ft by June 2026. This consistent growth over the last two quarters signals strong buyer confidence and a resilient market environment for investors and end-users alike.
As of June 2026, under-construction properties in Majiwada command a higher average price of ₹21,950 per sq ft, which has appreciated by 0.93% compared to the previous period. In contrast, ready-to-move properties are priced at ₹17,950 per sq ft, having seen a depreciation of 1.39% over the same timeframe, suggesting that buyers are currently placing a premium on newer, under-construction inventory.
The average rental yield in Majiwada stands at 4.21% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, indicating a healthy balance between capital appreciation and recurring income potential in this locality.
Rental rates in Majiwada vary significantly by unit size as of June 2026: Studio apartments average ₹27,900 per month, 1 BHK units average ₹27,550 per month, 2 BHK units average ₹40,150 per month, 3 BHK units average ₹62,850 per month, and 4 BHK units command ₹1.15 Lakh per month. These figures help tenants and landlords align their expectations based on the specific space requirements and market demand for each configuration.
As of June 2026, the top projects by rental rates include High Street Mall at ₹80 per sq ft, Lodha Quality Home Tower 5 at ₹78 per sq ft (which appreciated by 13.04%), and Sachinam Tower at ₹76 per sq ft. These projects command premium rents due to their specific amenities and strategic positioning within the locality.
Rental rates across neighbourhoods near Majiwada are largely uniform at ₹50 per sq ft, though growth trends differ significantly. For instance, Kolshet Road has seen a notable appreciation of 16.39%, while Kolshet Industrial Area experienced a depreciation of 13.85% as of June 2026, reflecting varying levels of tenant demand in these sub-markets.
As of June 2026, Rustomjee Hazel and Lodha Codename The Only Mumbai lead the market with listing rates of ₹27,300 per sq ft. While Rustomjee Hazel saw a slight depreciation of 0.27%, Lodha Codename The Only Mumbai appreciated by 0.65%, highlighting the premium positioning of these projects within the Majiwada real estate landscape.
Buyers should use the June 2026 data to compare the average asking price of ₹20,250 per sq ft against specific project rates and property statuses. By analyzing the 1.51% appreciation in the overall market alongside the status-wise pricing, buyers can determine if they are paying fair market value for either a ready-to-move unit or an under-construction investment.
