Property Rates in Manpada, Thane 2026

Property prices in Manpada have shown a mixed trajectory throughout 2026. Data from September 2026 shows the location rate at ₹21,450 per sq ft, up from ₹20,650 per sq ft in June 2026, suggesting a recent recovery in demand. Earlier in the year, the rates were ₹21,100 per sq ft in March 2026 and ₹20,850 per sq ft in December 2025, highlighting that while there are quarterly fluctuations, the market is actively adjusting to buyer sentiment.

As of September 2026, Ready To Move properties in Manpada are priced at an average of ₹19,200 per sq ft, having depreciated by 0.34% compared to the prior period. In contrast, Under Construction projects command a higher premium at ₹23,100 per sq ft, which has appreciated significantly by 8.95% over the same timeframe. This price gap often reflects the added value of modern amenities and the premium associated with newer, upcoming developments in the area.

Pricing across the Thane region varies significantly, with Manpada currently averaging ₹20,650 per sq ft. Nearby, Pokhran Road No Two is more premium at ₹24,950 per sq ft (appreciating by 3.65%), while more affordable options can be found in Brahmand at ₹16,550 per sq ft (appreciating by 2.17%) and Dhokali at ₹17,550 per sq ft (appreciating by 0.03%). These variations allow investors to choose between premium established hubs and emerging, cost-effective neighbourhoods based on their budget and long-term goals.

The rental yield in Manpada is currently 3.84%, which serves as a key indicator of the income potential relative to the property's capital value. With an average rental rate of ₹66 per sq ft as of September 2026—an appreciation of 8.2% compared to the previous period—the market shows healthy growth in rental demand. For investors, this yield suggests a balanced opportunity for generating recurring income alongside potential capital appreciation.

Rental rates in Manpada vary by unit size, catering to a diverse tenant profile as of September 2026. A 1 BHK apartment typically rents for ₹26,950 per month, while 2 BHK units average ₹41,600 per month. Larger configurations like 3 BHK and 4 BHK apartments command average monthly rents of ₹67,000 and ₹87,200, respectively. These figures provide a clear benchmark for landlords and tenants looking to understand the current cost of living in the locality.

As of September 2026, several premium projects in Manpada lead the rental market. Emerald Plaza stands at the top with a current rental rate of ₹75 per sq ft, though it has seen a correction of 62.31% from its previous peak. Other notable projects include Hiranandani Woodrose at ₹69 per sq ft (stable at 0% change) and Bhimjyani Verraton at ₹68 per sq ft, which appreciated by 4.62%. These rates reflect the project-specific demand for high-quality residential infrastructure in the area.

As of September 2026, apartments in Manpada are priced at an average of ₹21,450 per sq ft, showing a healthy appreciation of 3.91% compared to the previous period. Conversely, villas are currently priced at ₹22,400 per sq ft, though they have experienced a significant depreciation of 13.76% over the same timeframe. This divergence highlights that while apartments remain a stable and growing asset class, the villa segment has seen more volatility in the current market.

The Government Registration Rate in Manpada is ₹15,700 per sq ft, based on data from November 2025 to October 2026. This rate is notably lower than the current average asking price of ₹20,650 per sq ft. Investors and homebuyers should note that the Government Registration Rate is primarily used for stamp duty and registration fee calculations and may not reflect the actual market value or the premium commanded by modern, high-end residential projects in the locality.

Projects like Parshvanath Hansraj Height, with a current listing rate of ₹28,350 per sq ft as of September 2026, represent the premium segment of the Manpada market. The 78.08% appreciation observed in this project compared to the previous period suggests strong demand or significant value addition within the development. Buyers should compare these premium rates against the broader locality average of ₹20,650 per sq ft to determine if the specific amenities and location benefits justify the higher investment.