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Property Rates in Pokhran Road No Two, Thane

Comprehensive Market Snapshot

The property market in Pokhran Road No Two, Thane, presents a dynamic landscape for buyers and investors, with an average asking price of ₹23,713 per sq ft. The rental market is also active, showing an average rental rate of ₹68 per sq ft, supported by a healthy rental yield of 3.44%. While overall property rates in the locality have seen some quarterly fluctuations, specific sub-markets and property statuses reveal varying trends, indicating diverse investment opportunities.

  • The average asking price for apartments in Pokhran Road No Two stands at ₹23,713 per sq ft.
  • Ready To Move properties are performing well, with an average price of ₹23,310 per sq ft and a 6.25% appreciation.
  • Laxmi Nagar commands the highest average sale rate among sub-localities at ₹26,220 per sq ft, showing a 4.79% increase.
  • Narang Rozanne by Courtyard leads the top projects with an asking rate of ₹32,755 per sq ft and significant growth of 10.76%.
  • Rental apartments in Pokhran Road No Two range from ₹31,599 per month for a 1 BHK to ₹1.48 Lakh per month for a 5 BHK.

  • Asking Sale Price₹ 23,713 /sq.ft
  • Average Rental₹ 68 /sq.ft
  • Rental Yield3.44 %

Insights for Pokhran Road No Two, Thane Real Estate Market

Pokhran Road No Two in Thane offers a diverse real estate market with varied price performances across its segments. The average asking price currently stands at ₹23,713 per sq ft, reflecting a slight quarterly decline from earlier peaks in June 2025. Meanwhile, the rental market showcases a robust average rental rate of ₹68 per sq ft, coupled with an attractive rental yield of 3.44%, making it appealing for income-focused investors. The area's property landscape is characterized by a mix of Ready To Move, Partially Ready To Move, and Under Construction projects, each exhibiting distinct price dynamics. Certain upscale projects are commanding premium rates and showing substantial growth, highlighting pockets of strong market confidence.

  • The average asking price in Pokhran Road No Two experienced a decline from ₹24,971 per sq ft in June 2025 to ₹23,786 per sq ft by December 2025.
  • Vartak Nagar stands out with a strong price appreciation of 9.57%, reaching an average of ₹21,108 per sq ft.
  • Ready To Move properties show a positive trend, appreciating by 6.25% to an average of ₹23,310 per sq ft.
  • Neelkanth Lake View demonstrated exceptional growth, with its asking rate increasing by 24.41% to ₹29,032 per sq ft.
  • Eastern Express Highway leads in rental rates among sub-localities, averaging ₹78 per sq ft.

Market Strengths Market Strengths
  • Pokhran Road No Two offers a competitive average rental rate of ₹68 per sq ft, providing a stable income stream for landlords.
  • The rental market boasts a healthy rental yield of 3.44%, making it attractive for investors seeking passive income.
  • Ready To Move properties have shown robust growth of 6.25%, appealing to buyers looking for immediate occupancy and value appreciation.
  • Top projects like Narang Rozanne by Courtyard and Neelkanth Lake View are demonstrating strong price appreciation, with increases of 10.76% and 24.41% respectively.
  • The availability of diverse property statuses, including Partially Ready To Move and Under Construction, caters to a wide range of buyer preferences and investment horizons.
  • Laxmi Nagar stands out with the highest average sale rate of ₹26,220 per sq ft and a positive growth of 4.79%, indicating premium property value.
Market Challenges Market Challenges
  • The overall average asking price for Pokhran Road No Two has declined from ₹24,971 per sq ft in June 2025 to ₹23,786 per sq ft in December 2025, suggesting a softening market trend.
  • Under Construction projects have experienced a price decline of -2.84% to ₹22,196 per sq ft, which might indicate potential risks for early-stage investments.
  • Shivai Nagar has seen a significant price drop of -5.62% to ₹21,896 per sq ft, indicating localized market weakness.
  • The apartment segment recorded a slight price change of -0.31%, reflecting a generally stable but not strongly appreciating market for this property type.
  • Manpada's rental rates have seen a slight decline of -1.69% to ₹58 per sq ft, suggesting some rental market softness in certain areas.
Investment Opportunities Investment Opportunities
  • Consider investing in Ready To Move properties, which show a healthy average price of ₹23,310 per sq ft and have appreciated by 6.25%.
  • Explore projects like Neelkanth Lake View, which has seen an exceptional asking price growth of 24.41% to ₹29,032 per sq ft, indicating strong demand.
  • The attractive rental yield of 3.44% suggests good income potential for rental property investments.
  • Laxmi Nagar, with an average sale rate of ₹26,220 per sq ft and a 4.79% increase, could be a promising area for capital appreciation.
  • Vartak Nagar, showing a strong 9.57% price appreciation to ₹21,108 per sq ft, represents a growing sub-market.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Pokhran Road No Two, Thane

Asking Price Trends

The asking price trends in Pokhran Road No Two have shown some shifts over the past quarters. The locality's average rate was ₹24,890 per sq ft in March 2025, peaking at ₹24,971 per sq ft in June 2025. Subsequently, it saw a slight dip to ₹24,128 per sq ft in September 2025 and further to ₹23,786 per sq ft by December 2025. The broader micromarket rates also experienced fluctuations, indicating a varying price environment.

Quarter City Rate
Dec 2025 23786
Sep 2025 24128
Jun 2025 24971
Mar 2025 24890
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Price Trends by Property Type

The real estate market in Pokhran Road No Two primarily features apartments as the dominant property type. Apartments are currently priced at an average of ₹23,713 per sq ft. This segment has experienced a marginal change of -0.31%, indicating a relatively stable but slightly softening price environment for residential units.

Type Rate (₹/sq.ft) Change %
Apartment 23,713 -0.31
Price Trends by Project Status

Pokhran Road No Two offers properties across various stages of development, catering to different buyer needs. Ready To Move units, totaling 29, are priced at an average of ₹23,310 per sq ft and have shown a healthy appreciation of 6.25%. Partially Ready To Move properties, though fewer in number with 3 units, command a higher average price of ₹25,499 per sq ft, increasing by 2.12%. Meanwhile, Under Construction projects, comprising 14 units, are available at ₹22,196 per sq ft but have seen a price decline of -2.84%.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 32 23,515 5.86
Under Construction 14 22,196 -2.84
Price Trends by Localities

Property rates across Pokhran Road No Two's sub-localities present a diverse picture. Laxmi Nagar commands the highest average rate at ₹26,220 per sq ft, showing robust growth of 4.79%. J K Gram is also a strong performer, priced at ₹23,924 per sq ft with a 2.62% increase. In contrast, Gawand Baug offers more accessible options at ₹18,520 per sq ft. Notably, Vartak Nagar has demonstrated significant appreciation, rising by 9.57% to ₹21,108 per sq ft, while Shivai Nagar experienced a decline of -5.62% to ₹21,896 per sq ft.

Location Rate (₹/sq.ft) Change %
Vasant Vihar 19,628 -1.3
Kapur Bawdi 22,514 0
Chirak Nagar 19,766 5.6
J K Gram 23,924 2.6
Vartak Nagar 21,108 9.6
Gawand Baug 18,520 -
Shivai Nagar 21,896 -5.6
Laxmi Nagar 26,220 4.8
Manpada 21,261 3.5
Samata Nagar 21,043 3.7

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Pokhran Road No Two are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Narang Rozanne by Courtyard is priced at ₹32,755 per sq ft with a robust 10.76% increase. Neelkanth Lake View follows with ₹29,032 per sq ft, showcasing an impressive 24.41% growth. Other notable projects like Shapoorji Pallonji Northern Lights Orion and Omega are also priced around ₹28,042 per sq ft, highlighting the aspirational segment of the market.

  • Listing Rate
Top Projects by Rental Rates

Several top projects in Pokhran Road No Two are notable for their rental offerings. Tata Serein and Raymond Realty Phase II both feature apartments with an average rental rate of ₹73 per sq ft, with Tata Serein showing a 1.39% increase. Narang Rozanne by Courtyard also stands out with a rental rate of ₹69 per sq ft and a significant 7.81% increase, reflecting strong tenant interest.

Project Name Rate (₹/sq.ft) Change %
Tata Serein 73 1.39
Raymond Realty Phase Ii 73 -
Cosmos Horizon Phase 2 71 2.9
Ashar Edge 71 1.43
Courtyard By Narang Realty And The Wadhwa Group 71 4.41
Narang Rozanne By Courtyard 69 7.81
Raymond Ten X Habitat 69 -
Indiabulls One Indiabulls 65 -
Raymond The Address 64 -
Raunak Laxmi Narayan Residency 63 5

Property Rental Trends in Pokhran Road No Two, Thane

Rental Trends by Unit Type

In Pokhran Road No Two, rental apartments cater to various family sizes and budgets. A 1 BHK apartment typically averages ₹31,599 per month, while a 2 BHK commands around ₹48,426 per month. Larger residential units, such as 3 BHKs, are available for an average of ₹75,654 per month, and 4 BHKs are priced at approximately ₹1.2 Lakh per month. For the most spacious options, 5 BHK apartments average ₹1.48 Lakh per month.

Unit Type Rate (₹)
1 Bhk 31,599
2 Bhk 48,426
3 Bhk 75,654
4 Bhk 1,19,556
5 Bhk 1,48,071
Rental Trends by Nearby Localities

Rental rates vary across the sub-localities within Pokhran Road No Two. Eastern Express Highway leads with the highest average rental rate at ₹78 per sq ft. J K Gram also shows strong rental demand, averaging ₹71 per sq ft with a 2.9% increase. Other areas like Vasant Vihar and Kapur Bawdi maintain stable rates around ₹59 and ₹62 per sq ft respectively, while Manpada saw a slight decline of -1.69% to ₹58 per sq ft.

Locality Rate (₹/sq.ft) Change %
Vasant Vihar 59 -
Kapur Bawdi 62 -
Oswal Park 60 -
J K Gram 71 2.9
Vartak Nagar 61 1.67
Shivai Nagar 62 -
Laxmi Nagar 70 -
Manpada 58 -1.69
Eastern Express Highway 78 -
Samata Nagar 58 -1.69
Rental Trends by Property Type

For rental properties in Pokhran Road No Two, apartments are the primary offering. The average rental rate for apartments is ₹68 per sq ft. This segment has shown a stable trend with no change in its average rental rate.

Property Type Rate (₹/sq.ft) Change %
Apartment 68 -
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