Property Rates in Manorama Nagar, Thane

Property prices in Manorama Nagar, Thane have shown a slight upward trend over the past year. From June 2025 to March 2026, the average price moved from ₹14,600 per sq ft to ₹14,850 per sq ft, reflecting a modest increase. The micromarket rate for the broader area saw a more significant rise from ₹10,150 per sq ft in June 2025 to ₹18,950 per sq ft in March 2026, indicating strong appreciation in the surrounding micro-neighbourhoods.

Property rates in Manorama Nagar, Thane show considerable variation across its micro-neighbourhoods as of March 2026. Kolshet Road leads with an average rate of ₹20,500 per sq ft, appreciating by 3.5%. Majiwada also commands a premium at ₹19,950 per sq ft, with a significant appreciation of 7.64%. Conversely, Patlipada has seen a depreciation of 9.09%, with rates at ₹26,250 per sq ft, while Brahmand has depreciated by 2.86% to ₹16,200 per sq ft, indicating diverse market dynamics within the broader locality.

As of March 2026, the average price for apartments in Manorama Nagar, Thane is ₹14,850 per sq ft. This segment has seen a slight appreciation of 1.19% over the recent period, suggesting steady demand for apartment living in the area. This figure represents the typical asking price for apartment units within the locality.

For Ready To Move properties in Manorama Nagar, Thane, the average price as of March 2026 is ₹15,850 per sq ft. This segment has experienced a depreciation of 2.24% over the recent period, which could indicate increased inventory or a slight softening of demand for immediate occupancy compared to other property statuses. There are currently 6 Ready To Move units available in the locality.

As of March 2026, JVM Accord in Manorama Nagar, Thane, has the highest listing rate at ₹17,000 per sq ft, showing an appreciation of 4.77%. Following closely are New Rachana Park CHS and New Rachna Park, both listed at ₹15,800 per sq ft, which have depreciated by 3.11%. Shruti Garden CHS is also among the top projects with a listing rate of ₹15,650 per sq ft, having depreciated by 4.3%.

The average rental rate in Manorama Nagar, Thane, stands at ₹57 per sq ft as of March 2026, showing a stable market with no change (0%) in rental values. This average rate is derived from various rental listings within the locality. The data also indicates a rental yield of 4.61%, suggesting the potential return on investment for property owners through rental income relative to property value.

Manorama Nagar, Thane, offers a rental yield of 4.61% as of March 2026. This figure represents the annual return an investor can expect from rental income relative to the property's capital value. A 4.61% rental yield suggests a moderate income-generating potential for properties in this locality, which can be attractive for investors seeking regular cash flow alongside potential capital appreciation.

As of March 2026, the average rental rate for a 1 BHK apartment in Manorama Nagar, Thane, is ₹19,900 per month. This specific BHK configuration is a key segment for renters in the locality. While the overall average rental rate for the locality is stable, this figure provides a concrete benchmark for tenants looking for 1 BHK accommodations and for landlords assessing rental income potential for this unit type.

Rental rates across neighbourhoods in Manorama Nagar, Thane, show some variation as of March 2026, with most areas averaging around ₹50 per sq ft. Kolshet Road, Sandoz Baug, Dhokali, Manpada, Brahmand, Kokanipada, Kolshet Industrial Area, Kolshet, and Vasant Vihar all report an average rental rate of ₹50 per sq ft. Kapur Bawdi shows a slight depreciation of 1.61% to ₹50 per sq ft, while Kolshet has seen an appreciation of 8.2% to ₹50 per sq ft, indicating localized rental market activity.

As of March 2026, Hiranandani Estate Villa Opera in Manorama Nagar, Thane, leads with the highest current rental rate at ₹63 per sq ft, alongside Sukh Sheetal CHS Manorama at ₹59 per sq ft. JVM Accord follows with a current rental rate of ₹57 per sq ft, having appreciated by 7.55%. These projects represent the premium rental offerings within the locality, attracting tenants willing to pay a higher price for their amenities and location.

The Government registration data for Manorama Nagar, Thane, indicates significant market activity with 109 transactions recorded between June 2025 and May 2026, generating a gross value of ₹101 Cr. This volume of transactions suggests a healthy level of buyer engagement and liquidity in the property market of Manorama Nagar, indicating a robust demand for properties within this period.