Squareyards Logo
Blogs
Sell or Rent Property
Login
Insights

Insights for Narpoli, Thane Real Estate Market Overview

The Narpoli real estate market demonstrates strong momentum with an average asking price of ₹9,300 per sq ft, complemented by a notable rental yield of 8.26%. Prices have seen consistent appreciation as the locality attracts interest across various segments, from affordable ready-to-move units to emerging new launches. The rental market remains active, with 1 BHK apartments averaging ₹25,000 per month, reflecting a healthy demand for residential housing. Furthermore, established developers like the Gajra Group continue to drive transaction volume, reinforcing the area's reliability for property buyers.

  • The average property rate has climbed to ₹9,300 per sq ft, indicating strong market confidence.
  • A rental yield of 8.26% highlights the area's potential for investors seeking consistent returns.
  • Ready-to-move residential projects are priced at an average of ₹6,650 per sq ft, providing accessible options for immediate occupancy.
  • 1 BHK units are currently commanding an average monthly rent of ₹25,000.
  • Transaction activity is supported by reputable developers like the Gajra Group and Riyasat Constructions.

Market Strengths
  • A healthy rental yield of 8.26% positions Narpoli as a lucrative area for income-focused investors.
  • The 26.46% annual growth in apartment prices indicates robust demand and market appreciation.
  • A diverse supply of 31 ready-to-move units provides immediate options for homebuyers.
  • Active developer participation from established names like the Gajra Group ensures quality and project reliability.
  • Consistent upward price trends from ₹6,800 to ₹9,300 per sq ft demonstrate a maturing and stable market.
Market Challenges
  • New launch projects have seen a price decline of -9.85%, indicating potential volatility in the pre-launch segment.
  • Rental rates in Kalher have experienced a -2.63% adjustment, suggesting a cooling trend in that specific nearby sub-market.
Investment Opportunities
  • A competitive rental yield of 8.26% presents a strong case for buy-to-let investors in the residential sector.
  • The 26.46% appreciation in apartment prices suggests strong long-term capital growth potential.
  • Ready-to-move projects at ₹6,650 per sq ft offer a lower entry point compared to the average asking rate of ₹9,300 per sq ft.
  • 1 BHK rental units at ₹25,000 per month provide a steady stream of income for property owners.
Price Trend

Narpoli, Thane Property Price Trends and Appreciation

Property rates in Narpoli have followed a positive trajectory, rising from ₹6,800 per sq ft in June 2025 to ₹9,300 per sq ft by March 2026. This consistent growth highlights the increasing desirability of the location within the Thane region. The current pricing reflects a strong upward shift compared to the values seen in the latter half of 2025.
Asking Price Trends
₹ 9,300/sq.ft. + 26.46 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 9300
Dec 2025 7350
Sep 2025 6250
Jun 2025 6800
About Asking Price Trends
Narpoli Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Themghar 9,850 2.5
Kalher 12,400 8
Waghbil 17,350 4.3
Devicha Pada 10,800 25.6
Kolshet 19,400 0.5
Kon 8,650 0.7
Kumbharkhan Pada 12,700 -
Kalu Nagar 9,900 -
Kavesar 14,300 -0.1
Kasarvadavali 13,850 0.8
Narpoli is surrounded by various localities that offer a range of price points for prospective buyers. Kolshet commands a premium at ₹19,400 per sq ft, while Waghbil remains at the higher end of the spectrum with rates averaging ₹17,350 per sq ft. In contrast, more accessible options are available in areas like Kon, which averages ₹8,650 per sq ft, and Themghar at ₹9,850 per sq ft. This geographic spread allows buyers to choose between high-end, established neighborhoods and more budget-friendly, growing pockets.
Type Rate (₹/sq.ft) Change %
Apartment 9,300 26.5
Narpoli's real estate market is primarily focused on residential apartments, which currently average ₹9,300 per sq ft. This segment has experienced a substantial appreciation of 26.46%, underscoring the strong buyer interest in the locality. The market remains streamlined, with apartments serving as the primary vehicle for both ownership and investment.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 31 6,650 3
Under Construction 7 6,700 1.8
New Launch 2 5,800 -9.8
The Narpoli market provides a variety of options based on project completion timelines. Ready-to-move projects, which comprise 31 units, are priced at an average of ₹6,650 per sq ft and have seen a 2.95% increase. Meanwhile, under-construction projects offer 7 units at ₹6,700 per sq ft, catering to those who prefer newer developments with a 1.8% price growth.
Project & Developer Insights

Top Residential Projects and Developers in Narpoli

Top Projects in Narpoli
Rustomjee Uptown Urbania is the top project in Narpoli with prices from ₹ 1.14 Cr to 6.00 Cr.
Rustomjee Uptown Urbania ₹ 1.14 Cr - ₹ 6 Cr
  • Bhiwandi, Thane
Rustomjee Verdant Vistas ₹ 3 Cr - ₹ 4.56 Cr
  • Bhiwandi, Thane
Godrej Upavan ₹ 54.99 L - ₹ 88.99 L
  • Bhiwandi, Thane
Rustomjee La Vie ₹ 1.44 Cr - ₹ 2.24 Cr
  • Bhiwandi, Thane
Arihant Aaradhya ₹ 40 L - ₹ 54 L
  • Bhiwandi, Thane
Birla Taranya ₹ 1 Cr - ₹ 2.45 Cr
  • Thane City, Thane
LnT Evara Heights ₹ 1.85 Cr - ₹ 5.53 Cr
  • Thane City, Thane
Mayfair Mira Pride ₹ 1.35 Cr - ₹ 2.19 Cr
  • Mira Bhayandar, Thane
Prestige Garden Trails ₹ 1.13 Cr - ₹ 2.39 Cr
  • Mira Bhayandar, Thane
Kalpataru Srishti Namaah ₹ 91.00 L - ₹ 3.60 Cr
  • Mira Bhayandar, Thane
View More
New Launch
Under Construction
Ready to Move
Top Developers in Thane
Shakti Group Thane leads in Thane with 11 projects and years of experience.
DLF
Shakti Group Thane ₹ 38 L - ₹ 1.58 Cr
  • 11 Projects
DLF
Quba Reality LLP ₹ 18.64 L - ₹ 2.33 Cr
  • 7 Projects
DLF
Shree Mahavir Patwa Developers and Construction Pv ₹ 10.95 L - ₹ 23.21 L
  • 7 Projects
DLF
Vardhaman Group Thane ₹ 14.41 L - ₹ 43.65 L
  • 3 Projects
DLF
Sukruth Buildcon LLP ₹ 22 L - ₹ 55 L
  • 2 Projects
DLF
Om Realtors ₹ 22.6 L - ₹ 31 L
  • 1 Projects
DLF
Onyx Buildcon Llp ₹ 64.28 L - ₹ 85 L
  • 1 Projects
DLF
Riyasat Constructions
  • 1 Projects
DLF
Supreme Developers Bhiwandi
  • 1 Projects
DLF
Bhiwandi Developers ₹ 31 L - ₹ 31 L
  • 1 Projects
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
  • Listing Rate
  • By Value
  • By Transaction
  • By Rental
Premium residential developments in Narpoli are setting new value benchmarks for the locality. Bhairav Apartment, Sharfuddin Faquih Manzil, and Nisar Zulekha Complex all lead the segment with asking rates of ₹7,400 per sq ft, reflecting an 8.27% increase. Projects like Onyx Shatrunjay Heights at ₹7,200 per sq ft and Al Faiz RK Apartment at ₹7,150 per sq ft further round out the high-value offerings in the area.
Project Name Current Price (₹/sq.ft) Sale Value Change %
Antaliya Chs 6,050 71,61,600 -
Riyasat Pathan Tower 7,400 18,00,000 -
Sai Leela Apartment Narpoli 6,050 12,61,000 -
High-value transactions in Narpoli are centered on key residential projects that offer significant investment scale. Antaliya CHS recorded a total value of ₹71.62 Lakh, cementing its position as a top-tier project. Riyasat Pathan Tower and Sai Leela Apartment Narpoli also contributed to the market turnover, reflecting the substantial capital being deployed in these established residential hubs.
Project Name Current Price (₹/sq.ft) Transactions Change %
Antaliya Chs 6,050 2 -
Riyasat Pathan Tower 7,400 1 -
Sai Leela Apartment Narpoli 6,050 1 -
Transaction data highlights a clear preference for established residential projects in Narpoli. Antaliya CHS leads the market with 2 transactions at an average rate of ₹6,050 per sq ft. Riyasat Pathan Tower and Sai Leela Apartment Narpoli also saw consistent interest, each recording transactions that emphasize buyer confidence in these specific developments.
Project Name Rate (₹/sq.ft) Change %
Shree Shrushti Punch Hill Complex, Narpoli 78 -
Riyasat Pathan Tower, Narpoli 70 -
Stone Flower, Narpoli 63 -
Globle Bhaskar Residency, Narpoli 54 -
Advantage Balaji Arch, Narpoli 44 -
Shree Shrushti Punch Hill Complex leads the rental segment with a rate of ₹78 per sq ft. Other notable projects include Riyasat Pathan Tower and Stone Flower, which command rental rates of ₹70 per sq ft and ₹63 per sq ft respectively.
Top Developers by Transaction Count
  • By Transaction
The development landscape in Narpoli is driven by a small group of active builders. The Gajra Group leads the sector with 2 recorded transactions, establishing its presence as a primary market mover. Riyasat Constructions and Maccha Enterprises also feature prominently, each contributing to the market's overall transaction volume.
Rental Trends

Rental Trends and Average Rent in Narpoli, Thane

1 BHK apartments in Narpoli are the primary rental unit type, currently averaging ₹25,000 per month. This consistent demand for compact residential units reflects the area's popularity among working professionals and small families. Rental rates across the surrounding areas are largely stable, with many locations like Gokul Nagar, Dapode, and Waghbil averaging ₹50 per sq ft. Hiranandani Estate stands out with a higher rental rate of ₹100 per sq ft, showing a strong 8.97% increase, while Kalher has seen a slight adjustment of -2.63%. Shree Shrushti Punch Hill Complex leads the rental segment with a rate of ₹78 per sq ft. Other notable projects include Riyasat Pathan Tower and Stone Flower, which command rental rates of ₹70 per sq ft and ₹63 per sq ft respectively.
Narpoli Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
1 Bhk 25,000
1 BHK apartments in Narpoli are the primary rental unit type, currently averaging ₹25,000 per month. This consistent demand for compact residential units reflects the area's popularity among working professionals and small families.
Locality Rate (₹/sq.ft) Change %
Gokul Nagar 50 -
Dapode 50 -
Kalher 50 -2.6
Waghbil 50 -
Kasheli 50 -
Hiranandani Estate 100 9
Kolshet 50 8.2
Mothagaon 50 -
Kalu Nagar 50 -
Anu Nagar 50 -
Rental rates across the surrounding areas are largely stable, with many locations like Gokul Nagar, Dapode, and Waghbil averaging ₹50 per sq ft. Hiranandani Estate stands out with a higher rental rate of ₹100 per sq ft, showing a strong 8.97% increase, while Kalher has seen a slight adjustment of -2.63%.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /sq.ft
Govt Registration Rate ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 19,300 /sq.ft
Govt Registration Rate ₹ 13,950 /sq.ft
Avg. Asking Price ₹ 18,350 /sq.ft
Avg. Asking Price ₹ 15,350 /sq.ft
Govt Registration Rate ₹ 9,500 /sq.ft
Avg. Asking Price ₹ 14,850 /sq.ft
Avg. Asking Price ₹ 12,950 /sq.ft
Govt Registration Rate ₹ 8,750 /sq.ft
Avg. Asking Price ₹ 12,100 /sq.ft
Govt Registration Rate ₹ 5,900 /sq.ft
Avg. Asking Price ₹ 11,750 /sq.ft
Govt Registration Rate ₹ 8,900 /sq.ft
Avg. Asking Price ₹ 9,300 /sq.ft
Govt Registration Rate ₹ 3,700 /sq.ft
Avg. Asking Price ₹ 7,900 /sq.ft

Micromarket-Wise Property Price Trends Around Narpoli, Thane

Avg. Asking Price ₹ 18,950 /sq.ft
Avg. Asking Price ₹ 16,900 /sq.ft
Govt Registration Rate ₹ 4,300 /sq.ft
Avg. Asking Price ₹ 12,150 /sq.ft
Govt Registration Rate ₹ 7,600 /sq.ft
Avg. Asking Price ₹ 9,750 /sq.ft
Govt Registration Rate ₹ 7,750 /sq.ft
Avg. Asking Price ₹ 7,100 /sq.ft
Govt Registration Rate ₹ 5,450 /sq.ft

More insights about Narpoli, Thane

FAQ

Frequently Asked Questions About Property Rates in Narpoli, Thane

What is the current average asking price in Narpoli as of March 2026?

The average asking price in Narpoli is ₹9,300 per sq ft as of March 2026. This figure represents a significant market shift, having appreciated by 26.46% compared to the previous period. Such a sharp rise in the average asking price typically points to strong demand or a tightening of available quality inventory in the locality.

How have property price trends in Narpoli evolved over the last year?

Property price trends in Narpoli have shown a distinct upward trajectory, moving from ₹6,800 per sq ft in June 2025 to ₹9,300 per sq ft by March 2026. After a slight dip in September 2025 to ₹6,250 per sq ft, the market recovered strongly in December 2025 and continued to climb through the first quarter of 2026. This consistent growth suggests increasing buyer confidence and a robust interest in residential assets within the area.

How does the average asking price in Narpoli compare to the Government Registration Rate?

The average asking price in Narpoli stands at ₹9,300 per sq ft, which is notably higher than the Government Registration Rate of ₹2,800 per sq ft as of March 2026. This variance is common in developing or high-demand real estate markets where market-driven valuations often outpace the baseline registration values set by the authorities. Investors and homebuyers should note that while the registration rate serves as a benchmark for taxes, the actual transaction values in the area are significantly influenced by current market demand.

What is the difference in pricing between Ready To Move and Under Construction properties in Narpoli?

As of March 2026, Ready To Move properties in Narpoli are priced at an average of ₹6,650 per sq ft, having appreciated by 2.95% over the observed period. In comparison, Under Construction properties are priced at ₹6,700 per sq ft, showing an appreciation of 1.80%. The minimal price gap between these two statuses suggests that buyers in Narpoli are currently placing similar value on immediate possession and future-ready projects.

What is the average rental yield in Narpoli, and what does it mean for investors?

The average rental yield in Narpoli is 8.26% as of March 2026, which is a strong indicator of the area's income-generating potential. A yield of this magnitude suggests that property owners can expect a healthy return on their capital investment through rental income. With an average rental rate of ₹64 per sq ft, the locality presents an attractive proposition for buy-to-let investors looking to balance capital appreciation with consistent monthly cash flow.

What is the typical rental cost for a 1 BHK apartment in Narpoli?

A 1 BHK apartment in Narpoli commands an average monthly rent of ₹25,000 as of March 2026. This rental rate reflects the current demand for compact, affordable housing units in the locality, making it a viable option for working professionals and small families. The stability in rental rates, which have remained flat (0% change), indicates a balanced market where supply currently meets the prevailing demand for 1 BHK configurations.

Which projects in Narpoli command the highest rental rates?

The projects commanding the highest rental rates in Narpoli include Shree Shrushti Punch Hill Complex at ₹78 per sq ft, followed by Riyasat Pathan Tower at ₹70 per sq ft, and Stone Flower at ₹63 per sq ft as of March 2026. These premium rental rates are driven by the specific amenities and project quality offered within these complexes. Rental rates for these top projects have remained stable with a 0% change, reflecting a consistent demand for high-quality residential spaces in the region.

Which developers have the highest transaction activity in Narpoli?

Gajra Group leads the transaction activity in Narpoli with 2 recorded transactions, followed by Riyasat Constructions and Maccha Enterprises, each with 1 transaction as of March 2026. High transaction volume for a developer is often a signal of buyer trust and the successful delivery of projects that align with market expectations. These developers currently represent the most active entities in the local residential market.

How should a buyer interpret the property rates data on this page?

Buyers should use the property rates data to benchmark their potential purchase against the current average asking price of ₹9,300 per sq ft in Narpoli as of March 2026. By comparing this against project-specific rates—such as Antaliya CHS at ₹6,050 per sq ft or Riyasat Pathan Tower at ₹7,400 per sq ft—buyers can identify whether a property is priced at a premium or offers value relative to the locality average. Always consider the appreciation trends and the status of the project to ensure the investment aligns with your long-term financial goals.

How do property rates in Narpoli compare to other nearby areas in Thane?

Property rates in Narpoli, which average ₹9,300 per sq ft, vary significantly when compared to other Thane localities. For instance, Kolshet commands a higher average rate of ₹19,400 per sq ft, while Kon is more affordable at ₹8,650 per sq ft. These variations highlight that Narpoli sits in a mid-range price bracket, offering a balance between the premium, high-cost hubs of Thane and the more budget-friendly peripheral neighbourhoods.

Country/City