Thane
The Mumbra real estate market offers a diverse range of residential options, balancing established ready-to-move units with a steady pipeline of new developments. Property pricing remains competitive, with current averages influenced by the mix of new launches and existing project stock. Rental demand is supported by a variety of apartment types that cater to local workforce needs. Developers are actively shaping the skyline, with projects like Green Valley Phase I and HR Celeste 612 driving significant interest and value appreciation in the area.
As of June 2026, the average asking price in Mumbra stands at ₹19,400 per sq ft. This figure reflects a positive growth trajectory, with prices having appreciated from ₹18,950 per sq ft in March 2026, signaling sustained demand and confidence within this micromarket.
Property prices in Mumbra have shown a consistent upward trend throughout the first half of 2026. The micromarket rate rose from ₹18,250 per sq ft in September 2025 to ₹18,950 per sq ft by December 2025, and further climbed to ₹19,400 per sq ft by June 2026, indicating a resilient market environment for property seekers and investors.
Property prices in Mumbra, at ₹19,400 per sq ft, sit in a competitive mid-range compared to surrounding areas. For instance, Naupada currently commands a higher average asking price of ₹24,050 per sq ft (which appreciated by 4.56%), while more affordable options can be found in Shilphata at ₹12,250 per sq ft (up by 2.46%) and Anjur at ₹9,200 per sq ft (which saw a depreciation of 8.98% from previous periods).
As of June 2026, ready-to-move properties in Mumbra are priced at an average of ₹10,050 per sq ft, having depreciated by 2.69% compared to previous periods. In contrast, under-construction projects are currently priced at ₹10,550 per sq ft, showing a notable appreciation of 6.02%, which suggests that buyers are increasingly willing to pay a premium for newer, modern developments currently in the pipeline.
The average rental rate in Mumbra is currently ₹37 per sq ft as of June 2026, which has seen a depreciation of 17.78% compared to previous periods. While this reflects a softening in the immediate rental market, investors should monitor these trends alongside the capital appreciation of properties to determine the long-term income potential and overall rental yield for their portfolios.
As of June 2026, the average rent for a 1 BHK apartment in Mumbra is ₹12,500 per month. This price point remains a key entry-level benchmark for tenants looking for residential options in the area, providing a clear reference for landlords and prospective renters when evaluating the affordability of the local housing stock.
As of June 2026, the premium rental projects 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 projects currently show stable rental rates with 0% change, indicating that these specific developments maintain a consistent demand profile among tenants compared to the broader micromarket average of ₹50 per sq ft for apartments.
As of June 2026, Green Valley Phase I leads with a listing rate of ₹13,800 per sq ft, having shown a significant appreciation of 40.93% over the observed period. Other prominent projects include Squarefeet Grace Square Type D5 at ₹13,550 per sq ft (up by 17.48%) and HR Celeste 612 at ₹13,050 per sq ft, which has appreciated by 37.89%, highlighting strong value growth in these specific developments.
Price depreciation, such as the 3.45% decrease in apartment prices to ₹12,250 per sq ft as of June 2026, often signals a market correction or an increase in available supply. For buyers, this can represent a strategic entry point to negotiate better deals, while for investors, it highlights the importance of focusing on projects with strong historical appreciation, such as those currently seeing double-digit growth in listing rates.
You can use this data to compare the price trajectory of under-construction projects, which have appreciated by 6.02% to ₹10,550 per sq ft as of June 2026, against the broader market trends. By analyzing the current average asking price of ₹19,400 per sq ft and comparing it with rental yields and project-specific listing rates, you can identify whether the area offers better potential for long-term capital gains or immediate rental income.
