Property Rates in Manpada, Thane 2026

Property prices in Manpada have shown a generally upward trajectory throughout the last four quarters. As of June 2026, the location rate stands at ₹20,800 per sq ft, following a steady climb from ₹20,550 per sq ft in September 2025. This consistent growth suggests strong investor confidence and sustained interest from homebuyers looking for established residential pockets in Thane.

As of June 2026, Ready To Move properties in Manpada are priced at an average of ₹19,300 per sq ft, having appreciated by 1.79% over the observed period. In contrast, Under Construction projects are currently priced at ₹21,200 per sq ft, reflecting a depreciation of 1.5% compared to previous benchmarks. This pricing dynamic suggests that premium or newer developments currently under construction may be commanding a higher valuation than the existing ready-to-move stock.

As of June 2026, apartments in Manpada command an average price of ₹20,800 per sq ft, which has seen a depreciation of 1.6% from the prior period. Meanwhile, villas in the area are priced at ₹22,400 per sq ft, experiencing a more significant depreciation of 13.76%. These trends indicate that while both segments are adjusting, the apartment market remains the primary driver of residential activity in the locality.

The average rental yield in Manpada is 3.47% as of June 2026, with an average rental rate of ₹61 per sq ft. This yield represents the annual rental income relative to the property's capital value, providing a key metric for investors to assess the income-generating potential of their assets. A yield of 3.47% suggests a stable rental market, making it an attractive consideration for those looking for a balance between capital appreciation and consistent monthly returns.

Rental rates in Manpada vary significantly based on the configuration, with 1 BHK apartments averaging ₹26,400 per month, 2 BHK units at ₹41,400 per month, 3 BHK units at ₹67,850 per month, and 4 BHK units reaching ₹1.11 Lakh per month as of June 2026. This tiered pricing structure allows tenants to choose options that align with their space requirements and budget, while also providing landlords with clear benchmarks for setting competitive rents based on unit size.

As of June 2026, Emerald Plaza leads the rental market in Manpada with a current rate of ₹75 per sq ft, followed by Hiranandani Woodrose at ₹69 per sq ft and Bhimjyani Verraton at ₹68 per sq ft. Other premium projects like Godrej Edenwoods and Hiranandani IRIS also command significant rents at ₹66 and ₹65 per sq ft, respectively. These projects generally attract higher rents due to their established reputation, amenities, and strategic location within the micromarket.

Rental rates in Manpada are highest for shops, which average ₹200 per sq ft as of June 2026, showing an appreciation of 9.8% compared to the prior period. Office spaces follow at ₹150 per sq ft, though they have seen a depreciation of 8.75%, while residential apartments remain the most affordable at ₹50 per sq ft, having appreciated by 4.92%. This data highlights the premium commanded by commercial spaces over residential units in the locality.

As of June 2026, Godrej Edenwoods is the most premium project in Manpada with a listing rate of ₹29,000 per sq ft, which has appreciated by 3.61% over the observed period. Other high-value projects include Runwal Conch at ₹27,500 per sq ft and Godrej Regency Park at ₹27,450 per sq ft. These projects represent the upper end of the local market, often characterized by superior infrastructure and premium positioning.

Rental rates across the Manpada vicinity are largely uniform, with areas like Kolshet Road, Vasant Vihar, Dhokali, and Kapur Bawdi all averaging ₹50 per sq ft as of June 2026. While the base rate is consistent, the growth trends vary; for instance, Kolshet Road has seen a notable rental appreciation of 11.48%, whereas Kokanipada experienced a depreciation of 5.08%. This indicates that while the base cost of renting is similar across these neighbourhoods, specific local demand drivers are influencing value growth differently.

Buyers should interpret the price trends in Manpada by looking at the quarterly movement, which shows a steady increase from ₹20,550 per sq ft in September 2025 to ₹20,800 per sq ft in June 2026. This consistent upward trajectory suggests a healthy, growing market rather than a speculative bubble. When evaluating a purchase, comparing these trends against specific project-level data—such as the premium rates seen in Godrej Edenwoods—can help buyers identify whether they are paying fair market value for a property.