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Property Rates in Manpada, Thane

Comprehensive Market Snapshot

The Manpada real estate market in Thane is currently vibrant, with asking prices averaging ₹21,261 per sq ft. Recent quarterly trends indicate consistent price appreciation, reflecting robust buyer interest. The market showcases a diverse mix of property types, including apartments and villas, while Ready To Move units dominate the available inventory. Significant transaction activity, totaling 295 registrations valued at ₹388 Cr, underscores the market's strong momentum. Premium projects like Hiranandani Meridian and Hiranandani IRIS are setting high benchmarks, contributing to Manpada's appeal as a prime residential destination.

  • Asking Sale Price₹ 21,261/sq.ft

Insights for Manpada, Thane Real Estate Market

Manpada, a prominent locality in Thane, presents a dynamic real estate landscape with an average asking price of ₹21,261 per sq ft. Analyzing price trends reveals a steady upward trajectory in property values over recent quarters, climbing from ₹19,805 per sq ft in March 2025 to ₹20,826 per sq ft by December 2025. This consistent growth signals a healthy and appreciating market for investors and homebuyers alike. When examining surrounding areas, Manpada's rates position it competitively, often exceeding the average prices found in localities like Kokanipada (₹17,193 per sq ft) and Manorama Nagar (₹14,856 per sq ft), though it remains below premium pockets such as Pokhran Road No Two (₹23,713 per sq ft) and Kapur Bawdi (₹22,514 per sq ft). The property market largely comprises apartments, which currently average ₹21,261 per sq ft and have seen a 2.09% increase. Villas, while commanding a higher average of ₹22,375 per sq ft, have experienced a decline of 13.76% in value. In terms of project status, Ready To Move properties represent the largest segment with 69 units, priced at an average of ₹19,260 per sq ft, showing a 2.25% appreciation. Under Construction projects, with 6 units, average ₹21,447 per sq ft, indicating a 1.03% rise, while a single Partially Ready To Move unit leads in price and growth at ₹23,368 per sq ft and 4.68% increase. Top projects such as Hiranandani Meridian and Godrej Edenwoods are leading the premium segment, with rates exceeding ₹27,900 per sq ft and notable appreciation. Government registration data for April 2025 to March 2026 recorded 295 transactions, accumulating a gross value of ₹388 Cr at a registered rate of ₹15,600 per sq ft, solidifying Manpada's active market status.

Market Strengths Market Strengths
  • Manpada exhibits consistent quarterly price appreciation, signaling a strong and healthy real estate market.
  • Apartments are performing well with a 2.09% price increase, indicating robust demand for this property type.
  • The presence of several premium projects, including Hiranandani Meridian and Godrej Edenwoods, contributes to the locality's high-value appeal.
  • A significant number of Ready To Move units (69) ensures ample options for immediate homebuyers and investors.
  • The market recorded a substantial 295 property registrations with a gross value of ₹388 Cr, highlighting strong transaction activity and buyer confidence.
  • Manpada's average asking price of ₹21,261 per sq ft positions it as a desirable and established residential area in Thane.
Market Challenges Market Challenges
  • The villa segment has experienced a significant price decline of 13.76%, suggesting caution for investors in this property type.
  • Some neighboring localities like Brahmand (-9.38%), Dhokali (-1.91%), and Vasant Vihar (-1.35%) have shown negative price changes, indicating localized market pressures.
  • The absence of average rental rate data makes it challenging to assess the market's rental yield potential for investors.
  • The 'Partially Ready To Move' segment has only one unit, limiting options and market depth for buyers interested in this specific status.
Investment Opportunities Investment Opportunities
  • Consider apartments for investment, as they show consistent price appreciation (2.09% increase) and represent the core of the market.
  • Explore Ready To Move properties, which offer a large inventory (69 units) and a healthy 2.25% price growth, appealing to immediate occupancy or rental income.
  • Invest in premium projects like Hiranandani Meridian or Godrej Edenwoods, which have demonstrated significant price appreciation (up to 24.32% and 20.89% respectively).
  • Monitor Under Construction projects for potential entry points, as they are appreciating (1.03% increase) and may offer future value gains upon completion.
  • Capitalize on the overall positive quarterly price trend in Manpada, indicating a growing market with potential for sustained returns.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Manpada, Thane

Asking Price Trends

Manpada's real estate market has demonstrated a consistent upward trajectory in asking prices over the past year. The average location rate increased steadily from ₹19,805 per sq ft in March 2025 to ₹20,191 per sq ft by June 2025. This positive momentum continued, reaching ₹20,545 per sq ft in September 2025 and culminating at ₹20,826 per sq ft by December 2025, reflecting sustained demand and value appreciation.

Quarter City Rate
Dec 2025 20826
Sep 2025 20545
Jun 2025 20191
Mar 2025 19805
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Price Trends by Property Type

Manpada's property market caters to varied preferences, predominantly featuring apartments and villas. Apartments, forming the core of the market, are priced at an average of ₹21,261 per sq ft and have experienced a healthy 2.09% increase in value. Meanwhile, villas offer a more premium option, averaging ₹22,375 per sq ft, though this segment has seen a notable decline of 13.76% recently. This highlights a stronger demand and appreciating value for apartment living in the area.

Type Rate (₹/sq.ft) Change %
Villa 22,375 -13.76
Apartment 21,261 2.09
Price Trends by Project Status

The Manpada real estate market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory, comprising a significant 69 units, averages ₹19,260 per sq ft and has seen a 2.25% price increase, appealing to those seeking immediate possession. Under Construction projects, with 6 units, are priced around ₹21,447 per sq ft and show a 1.03% rise. Additionally, a single Partially Ready To Move unit stands out with an average price of ₹23,368 per sq ft, experiencing the highest growth at 4.68%.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 70 19,319 2.28
Under Construction 6 21,447 1.03
Price Trends by Localities

Property values in Manpada, currently at ₹21,261 per sq ft, position it as a premium residential destination within Thane. This rate is notably higher than many neighboring localities like Manorama Nagar, which averages ₹14,856 per sq ft, and Brahmand, priced at ₹15,809 per sq ft. Manpada's pricing is comparable to Kolshet Road at ₹20,716 per sq ft, while slightly below the prime rates seen in Pokhran Road No Two, which commands ₹23,713 per sq ft, and Kapur Bawdi at ₹22,514 per sq ft. This indicates Manpada's strong market standing relative to its peers.

Location Rate (₹/sq.ft) Change %
Kokanipada 17,193 -1.3
Manorama Nagar 14,856 1.2
Kolshet Road 20,716 4.3
Vasant Vihar 19,628 -1.3
Dhokali 17,286 -1.9
Kapur Bawdi 22,514 0
Pokhran Road No Two 23,713 -1.7
Gawand Baug 18,520 -
Brahmand 15,809 -9.4
Thane West 18,621 1.8

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Manpada are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Hiranandani Meridian is priced at ₹28,636 per sq ft, showing an impressive 24.32% increase, setting a high-value benchmark. Hiranandani IRIS follows closely at ₹28,280 per sq ft with a 3.83% rise, while Godrej Regency Park also features prominently at ₹28,262 per sq ft, demonstrating a 3.65% growth. Other notable projects like Godrej Edenwoods and Runwal Conch further underscore the aspirational segment of Manpada's market.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Hiranandani Meridian 28,636 24.3
Hiranandani Iris 28,280 3.8
Hiranandani Iris 28,280 3.8
Godrej Regency Park 28,262 3.7
Godrej Edenwoods 27,977 20.9
Runwal Conch 27,805 2.1
Runwal Conch 27,772 1.9
Hiranandani Meadows 26,870 2
Spring Hills 26,086 -
Hiranandani Woodrose 25,487 -

Government Registration in Manpada, Thane

  • Sales Transactions295
  • Gross Sales Value₹ 388 Cr
  • Registered Rate₹ 15,600/sq.ft

Official registration data reveals robust transaction activity in Manpada between April 2025 to March 2026. The market recorded 295 transactions, accumulating a substantial gross value of ₹388 Cr, with an average registered rate of ₹15,600 per sq ft. This signifies strong buyer confidence and active participation in Manpada's property market.

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