Thane
Mumbra’s real estate market has experienced notable shifts in pricing, currently averaging ₹12,250 per sq ft for apartments. The area displays a diverse supply mix, where ready-to-move units are increasingly popular, while under-construction projects also maintain high interest. Rental demand is equally robust, supported by a 4.41% rental yield and consistent interest in 1 BHK apartments. Developers like Gams Realty are actively shaping the local landscape, with significant transaction volume seen in projects such as Gams Rose Nagar and Fine MM City.
As of March 2026, the average asking price in Mumbra is ₹12,250 per sq ft. This figure reflects a depreciation of 3.45% compared to previous periods, indicating a market adjustment in the locality. For context, the Government Registration Rate in the area is currently ₹5,150 per sq ft, which provides a baseline for property valuations.
Property prices in Mumbra have shown a mixed trajectory throughout the recent quarters. The average asking price moved from ₹4,700 per sq ft in June 2025 to ₹8,100 per sq ft in September 2025, peaked at ₹12,700 per sq ft in December 2025, and settled at ₹12,250 per sq ft as of March 2026. This fluctuation suggests a period of rapid growth followed by a slight correction, reflecting evolving demand and supply dynamics in the local real estate market.
Property prices in Mumbra vary significantly when compared to surrounding areas in Thane. As of March 2026, while Mumbra averages ₹12,250 per sq ft, nearby areas like Kopri command a higher average of ₹19,700 per sq ft (which appreciated by 1.35%), and Thane East averages ₹19,300 per sq ft (which depreciated by 3.67% from previous periods). Conversely, more affordable options can be found in Anjur at ₹10,100 per sq ft, which has seen a depreciation of 11.56%.
As of March 2026, Ready To Move properties in Mumbra are priced at an average of ₹8,950 per sq ft, having appreciated by 14.56% over the observed period. In comparison, Under Construction properties currently average ₹9,150 per sq ft, reflecting a significant appreciation of 15.54%. This trend indicates strong buyer confidence and rising demand across both completed and developing projects in the locality.
The average rental yield in Mumbra is 4.41% as of March 2026, with an average rental rate of ₹45 per sq ft. For investors, a yield of 4.41% provides a clear metric to evaluate the income-generating potential of a property relative to its capital cost. This yield, paired with the current average asking price of ₹12,250 per sq ft, helps investors assess whether the rental income justifies the purchase price in the current market environment.
As of March 2026, a 1 BHK apartment in Mumbra commands an average monthly rent of ₹17,200. This rental rate serves as a key benchmark for tenants looking for affordable residential options and for landlords evaluating the income potential of smaller unit types in the locality.
As of March 2026, the top projects by rental rates in Mumbra include Kasim Apartment at ₹61 per sq ft, Elite Residence at ₹52 per sq ft, and Huda Park at ₹47 per sq ft. These rates have remained stable with a 0% change, reflecting a consistent demand for premium rental stock in these specific developments compared to the broader locality average of ₹50 per sq ft.
Gams Realty leads the market in Mumbra with the highest number of transactions, followed by Elite Realty Mumbai and Fine Construction Company. This transaction activity, as of March 2026, highlights these developers as prominent players in the local residential market, often associated with projects like Gams Rose Nagar and Fine MM City which are among the top projects by transaction value.
Buyers should use the property rates data to understand both the current market entry point and the historical price trajectory in Mumbra. By comparing the average asking price of ₹12,250 per sq ft against the status-wise pricing—such as the ₹8,950 per sq ft for Ready To Move units—buyers can determine whether they are paying a premium for immediate possession or opting for value in Under Construction projects. Always consider the appreciation or depreciation trends, such as the 14.56% growth in Ready To Move units, to gauge the long-term value of your investment.
