Property Rates in Manpada, Thane 2026

Property prices in Manpada have shown a consistent upward trajectory from June 2025 to March 2026. The average asking price moved from ₹20,200 per sq ft in June 2025 to ₹20,550 in September 2025, reaching ₹20,850 in December 2025, and finally settling at ₹21,100 per sq ft in March 2026. This steady quarter-over-quarter growth signals sustained buyer interest and confidence in the long-term value of the area.

Property rates in Manpada vary significantly when compared to surrounding areas in Thane. As of March 2026, Patlipada commands a higher average rate of ₹26,250 per sq ft, though it experienced a depreciation of 9.09%. Conversely, areas like Brahmand offer more accessible entry points at ₹16,200 per sq ft, despite a 2.86% depreciation, while Kolshet Road sits at ₹20,500 per sq ft with a 3.5% appreciation. These variations allow buyers to choose between premium pockets and more budget-friendly options based on their investment goals.

As of March 2026, ready-to-move properties in Manpada are priced at an average of ₹19,250 per sq ft, marking an appreciation of 1.52%. In contrast, under-construction projects are currently priced at ₹21,200 per sq ft, which reflects a 1.45% depreciation from previous levels. This pricing structure suggests that while ready-to-move units offer immediate utility, under-construction projects in Manpada are currently positioned at a premium, likely due to newer amenities or modern architectural standards.

The rental yield in Manpada is currently 3.47% as of March 2026, which provides a clear metric for investors to evaluate income potential relative to the capital outlay. With an average rental rate of ₹61 per sq ft for apartments—marking an appreciation of 3.39%—the locality offers a balanced environment for those seeking both steady rental income and long-term capital appreciation.

Rental rates in Manpada cater to a diverse range of tenant requirements, with prices scaling by size as of March 2026. A 1 BHK apartment typically rents for ₹25,800 per month, while a 2 BHK unit averages ₹41,100 per month. Larger 3 BHK and 4 BHK apartments command higher monthly rents of ₹67,850 and ₹1.06 Lakh, respectively. This tiered pricing allows tenants to choose a configuration that best fits their budget and space needs.

As of March 2026, Emerald Plaza leads the rental market in Manpada with a current rental rate of ₹75 per sq ft, despite a significant 62.31% depreciation from previous periods. Other premium rental options include Hiranandani Woodrose at ₹69 per sq ft and Bhimjyani Verraton at ₹68 per sq ft, the latter of which has seen an appreciation of 4.62%. These projects are highly sought after by tenants, reflecting the premium value placed on well-maintained residential complexes in the area.

Commercial properties in Manpada command significantly higher rental rates than residential units as of March 2026. Shops are currently renting at an average of ₹200 per sq ft, having appreciated by 2%, while office spaces are at ₹150 per sq ft with stable pricing. In comparison, residential apartments are much more affordable at an average of ₹50 per sq ft, which has seen a 3.39% appreciation, highlighting the distinct demand profiles for commercial versus residential space in the locality.

As of March 2026, Godrej Edenwoods is the most premium project in Manpada with a listing rate of ₹29,000 per sq ft, showing an appreciation of 3.61%. Other notable high-value projects include Runwal Conch and Godrej Regency Park, both listed at ₹27,400 per sq ft, though they have seen respective depreciations of 1.33% and 3.14%. These projects represent the upper echelon of the Manpada real estate market, often characterized by superior infrastructure and location advantages.

The average asking price in Manpada is ₹21,100 per sq ft, whereas the Government Registration Rate is recorded at ₹15,600 per sq ft for the period of June 2025 to May 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is common in developing urban pockets. Buyers should use the registration rate as a baseline for stamp duty and tax calculations, while the asking price serves as the realistic indicator of current market value for negotiations.