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Property Rates in Manorama Nagar

Property Rates in Manorama Nagar, Thane

Comprehensive Market Snapshot

Manorama Nagar in Thane West, Thane, presents a dynamic real estate landscape with an average asking price of ₹14,856 per sq ft. The market has shown consistent growth, with property rates climbing over the last few quarters. The rental market is also active, boasting an average rental rate of ₹54 per sq ft and a healthy rental yield of 4.36%. Recent registration data for Apr 25 to Mar 26 indicates a robust transaction volume, highlighting sustained buyer interest in the area.

The average asking price in Manorama Nagar stands at ₹14,856 per sq ft.
Property rates for apartments in the locality increased by 1.19%, reaching ₹14,856 per sq ft.
Ready To Move properties saw a significant 8.33% appreciation, now averaging ₹16,196 per sq ft.
The rental market offers a competitive average of ₹54 per sq ft, with a strong rental yield of 4.36%.
Kolshet Road and Kolshet are experiencing notable asking rate increases of 4.29% and 4.67% respectively.

Asking Sale Price₹ 14,856 /sq.ft
Average Rental₹ 54 /sq.ft
Rental Yield4.36 %

Insights for Manorama Nagar, Thane Real Estate Market

Manorama Nagar in Thane West showcases a resilient property market, marked by a current average asking price of ₹14,856 per sq ft. Over the past three quarters, the area has experienced steady price appreciation, moving from ₹14,624 per sq ft in Jun 2025 to ₹14,856 per sq ft by Dec 2025. This upward trend is further supported by the robust rental market, which yields 4.36% on an average rental rate of ₹54 per sq ft. Notably, the registration activity from Apr 25 to Mar 26 recorded 155 transactions with a gross value of ₹137 Cr, reflecting strong buyer confidence and a vibrant real estate ecosystem.

Manorama Nagar's asking rates have consistently grown, from ₹14,624 per sq ft in June 2025 to ₹14,856 per sq ft by December 2025.
Apartments, the primary property type, are priced at ₹14,856 per sq ft and have seen a 1.19% increase.
Ready To Move properties are particularly attractive, with an average price of ₹16,196 per sq ft and an impressive 8.33% appreciation.
The rental market highlights 1 BHK apartments averaging ₹18,708 per month, contributing to a 4.36% rental yield.
Nearby Kolshet Road and Kolshet are showing strong growth in asking prices, with increases of 4.29% and 4.67% respectively.

Market Strengths

Consistent quarter-on-quarter growth in Manorama Nagar's property rates.
Healthy average asking price of ₹14,856 per sq ft for apartments, with a 1.19% increase.
Significant appreciation of 8.33% for Ready To Move properties, indicating strong buyer preference.
Robust rental market with an average rate of ₹54 per sq ft and a strong rental yield of 4.36%.
High transaction activity, with 155 registered properties totaling ₹137 Cr in gross value over the past year.
Top projects like Shruti Garden CHS and JVM Accord show strong asking rate increases over 9%.

Market Challenges

Brahmand, a nearby locality, experienced a notable asking rate decline of -9.38%.
Dhokali, Kokanipada, and Vasant Vihar show slight negative changes in asking rates of -1.91%, -1.31%, and -1.35% respectively.
Some nearby rental markets like Manpada (-1.69%) and Brahmand (-3.51%) show slight declines in average rental rates.

Investment Opportunities

Consistent quarterly price appreciation in Manorama Nagar's property rates, indicating a stable growth trajectory.
Strong rental yield of 4.36% for investors seeking recurring income.
Ready To Move properties showing significant price appreciation of 8.33%, reflecting high demand for immediate possession.
Nearby areas like Kolshet Road (4.29%) and Kolshet (4.67%) are experiencing notable asking rate increases, suggesting potential for spillover growth.
Active registration market with 155 transactions and ₹137 Cr gross value, reflecting strong buyer interest and market liquidity.

Property Price Trends in Manorama Nagar, Thane

Asking Price Trends

Manorama Nagar has shown a positive price trajectory over recent quarters. Starting at ₹14,624 per sq ft in Jun 2025, the average location rate steadily climbed to ₹14,682 per sq ft by Sep 2025. This upward momentum continued, reaching ₹14,856 per sq ft by Dec 2025, indicating consistent appreciation in property values within the locality.

Quarter	City Rate
Dec 2025	14856
Sep 2025	14682
Jun 2025	14624
Mar 2025	0

Price Trends by Property Type

Manorama Nagar's real estate market primarily caters to residential buyers, with apartments being the dominant property type. These apartments are currently priced at an average of ₹14,856 per sq ft. This segment has also experienced a positive change, showing a 1.19% increase, reflecting steady demand and value appreciation for apartment living in the area.

Type	Rate (₹/sq.ft)	Change %
Apartment	14,856	1.19

Price Trends by Project Status

The Manorama Nagar market provides options for buyers seeking immediate occupancy. Ready To Move properties, comprising 6 units, are particularly sought after, commanding an average price of ₹16,196 per sq ft. This segment has demonstrated robust performance, recording an impressive 8.33% increase, making it an attractive choice for those looking for quick possession.

Status	No of Project	Rate (₹/sq.ft)	Change %
Ready To Move	6	16,196	8.33

Price Trends by Localities

Manorama Nagar's average asking rate stands at ₹14,856 per sq ft, positioning it competitively within Thane West. Neighboring Manpada commands a higher average of ₹21,261 per sq ft, while Kapur Bawdi leads with ₹22,514 per sq ft. In contrast, Dhokali and Kokanipada offer slightly lower rates at ₹17,286 per sq ft and ₹17,193 per sq ft respectively. Kolshet Road and Kolshet show strong positive changes of 4.29% and 4.67%, suggesting dynamic growth in these adjacent areas.

Location	Rate (₹/sq.ft)	Change %
Kolshet Road	20,716	4.3
Dhokali	17,286	-1.9
Manpada	21,261	3.5
Brahmand	15,809	-9.4
Thane West	18,621	1.8
Kokanipada	17,193	-1.3
Kapur Bawdi	22,514	0
Kolshet Industrial Area	16,715	0.2
Kolshet	19,509	4.7
Vasant Vihar	19,628	-1.3

Project and Developer Insights

Dosti Greater Thane ₹ 38.36 L - ₹ 68.93 L

Thane City, Thane

Godrej Emerald ₹ 1.11 Cr - ₹ 1.92 Cr

Thane City, Thane

Dosti West County ₹ 70.24 L - ₹ 2.22 Cr

Thane City, Thane

Raunak 108 ₹ 67 L - ₹ 70 L

Thane City, Thane

Puranik Ikigai ₹ 46.99 L - ₹ 75.99 L

Thane City, Thane

Vihang Marina ₹ 60.46 L - ₹ 60.46 L

Thane City, Thane

Raymond Ten X Era ₹ 1.77 Cr - ₹ 2.55 Cr

Thane City, Thane

Purva Panorama ₹ 1.69 Cr - ₹ 2.62 Cr

Thane City, Thane

JP Codename Lottery ₹ 44 L - ₹ 73.68 L

Thane City, Thane

Birla Taranya ₹ 99 L - ₹ 2.45 Cr

Thane City, Thane

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

Premium residential developments in Manorama Nagar are setting market benchmarks with their asking prices. Shruti Garden CHS leads this segment, priced at ₹16,344 per sq ft and showing a significant 9.13% increase. New Rachana Park CHS and New Rachna Park follow closely, both averaging ₹16,315 per sq ft with an 8.67% rise. JVM Accord also stands out at ₹16,220 per sq ft, reflecting a 9.62% appreciation, showcasing the locality's high-value offerings.

Listing Rate

Project Name	Rate (₹/sq.ft)	Change %
Shruti Garden Chs	16,344	9.1
New Rachana Park Chs	16,315	8.7
New Rachna Park	16,315	8.7
Jvm Accord	16,220	9.6
Om Shiv Apartment	16,003	-
Sukh Sheetal Chs Manorama	15,980	-

Top Projects by Rental Rates

Among the top rental projects in Manorama Nagar, JVM Accord stands out with an average current rental rate of ₹54 per sq ft, experiencing a 1.89% increase. New Rachna Park also offers rental opportunities at ₹37 per sq ft.

Project Name	Rate (₹/sq.ft)	Change %
Jvm Accord	54	1.89
New Rachna Park	37	-

Hiranandani ₹ 43.52 L - ₹ 8.8 Cr

149 Projects
34 Years

Jvm ₹ 25.5 L - ₹ 2.24 Cr

23 Projects

Government Registration in Manorama Nagar, Thane

Sales Transactions155
Gross Sales Value₹ 137 Cr
Registered Rate₹ 15,600 /sq.ft

Official registration data highlights a vibrant transaction market in Manorama Nagar from Apr 25 to Mar 26. The locality recorded 155 transactions, accumulating a gross value of ₹137 Cr. Properties were registered at an average rate of ₹15,600 per sq ft, indicating consistent buyer activity and healthy market dynamics within this period.

Recent Registered Transactions in Manorama Nagar

Date	Floor/Unit	Tower/Wing	Area	Value	Rate/Sq.Ft.
2025-11-21	Floor 3, Unit 308	B1	605 Sq.Ft.	🔒	🔒
2025-11-19	Floor 38, Unit 3808	B1	605 Sq.Ft.	🔒	🔒
2025-11-14	Floor 27, Unit 2703	A1	605 Sq.Ft.	🔒	🔒
2025-11-14	Floor 13, Unit 1304	A1	605 Sq.Ft.	🔒	🔒
2025-11-14	Floor 35, Unit 3503	B1	605 Sq.Ft.	🔒	🔒
2025-11-13	Floor 41, Unit 4103	A1	605 Sq.Ft.	🔒	🔒
2025-11-06	Floor 33, Unit 3307	A1	417 Sq.Ft.	🔒	🔒
2025-11-04	Floor 35, Unit 3506	A1	417 Sq.Ft.	🔒	🔒
2025-11-04	Floor 35, Unit 3508	A1	428 Sq.Ft.	🔒	🔒
2025-11-04	Floor 35, Unit 3507	A1	417 Sq.Ft.	🔒	🔒

Property Rental Trends in Manorama Nagar, Thane

Rental Trends by Unit Type

In Manorama Nagar, 1 BHK apartments are a prominent option within the residential rental market. These units command an average rental rate of ₹18,708 per month, reflecting the demand for compact and efficient living spaces in the locality.

Unit Type	Rate (₹)
1 Bhk	18,708

Rental Trends by Nearby Localities

Rental rates in Manorama Nagar average ₹54 per sq ft. Nearby areas such as Sandoz Baug command higher rates at ₹68 per sq ft, while Kolshet Industrial Area averages ₹64 per sq ft. Thane West and Kapur Bawdi also show competitive rates at ₹63 per sq ft and ₹62 per sq ft respectively, though some areas like Manpada (-1.69%) and Brahmand (-3.51%) have seen slight declines in their average rental rates.

Locality	Rate (₹/sq.ft)	Change %
Kolshet Road	61	-
Sandoz Baug	68	-
Dhokali	57	-
Manpada	58	-1.69
Brahmand	55	-3.51
Thane West	63	-1.56
Kapur Bawdi	62	-
Kolshet Industrial Area	64	-
Kolshet	61	-
Vasant Vihar	59	-