Property Rates in Shilphata, Thane 2026

Property prices in Shilphata have shown a consistent upward trajectory over the last year. Starting from ₹10,100 per sq ft in September 2025, the rates rose to ₹11,050 per sq ft in December 2025, reached ₹11,950 per sq ft in March 2026, and currently stand at ₹12,250 per sq ft as of June 2026. This steady quarter-over-quarter growth signals sustained buyer interest and market confidence in the area.

As of June 2026, property prices in Shilphata vary based on the stage of construction. Ready To Move projects are priced at ₹10,850 per sq ft (up 6.73% from the previous period), while Partially Ready To Move units are at ₹11,600 per sq ft (up 6.37%). Under Construction projects are currently listed at ₹11,200 per sq ft (up 6.22%), and New Launch projects are available at ₹9,800 per sq ft, which has seen a significant appreciation of 12.84%.

As of June 2026, the average rental rate in Shilphata is ₹33 per sq ft, which has seen a depreciation of 23.26% compared to the prior period. The locality currently offers a rental yield of 3.23%, a key metric for investors to assess the potential annual income relative to the capital investment required for property ownership in this market.

Tenants looking for residential apartments in Shilphata can expect varying monthly rents based on unit size as of June 2026. A 1 BHK apartment typically commands an average rent of ₹23,800 per month, while a 2 BHK apartment averages ₹26,100 per month. These rates provide a clear baseline for both tenants planning their budgets and landlords evaluating their expected monthly rental income.

As of June 2026, several premium projects in Shilphata lead the rental market. FBKA Jewels commands the highest rate at ₹59 per sq ft, followed by Dosti Planet North Onyx at ₹52 per sq ft and Giriraj MK Thakur Complex at ₹51 per sq ft. These projects maintain stable rental rates, reflecting their desirability and premium positioning within the local market.

As of June 2026, rental rates in Shilphata average ₹33 per sq ft, while surrounding areas like Mumbra, Bhadra Nagar, Nandivali Panchanand, Kalwa, Anjur, and Thane East all record a higher average rental rate of ₹50 per sq ft. While Shilphata has experienced a 23.26% depreciation in rental rates, areas like Bhadra Nagar and Nandivali Panchanand have remained stable, whereas others like Anjur have seen a significant 50% depreciation.

As of June 2026, the projects with the highest listing rates in Shilphata include FBKA Jewels at ₹14,400 per sq ft (up 25.94%) and RDP Shanti Luxuria at ₹13,150 per sq ft (up 66.8%). Dosti Group Planet North P180 follows at ₹13,050 per sq ft, showing an appreciation of 11.69%. These figures highlight the premium segment of the market where property values have seen notable growth.

As of June 2026, Ready To Move properties in Shilphata are priced at ₹10,850 per sq ft, while Under Construction properties are at ₹11,200 per sq ft. This pricing structure suggests that buyers are willing to pay a premium for newer, under-construction inventory, likely due to modern amenities or future growth expectations, whereas Ready To Move units offer immediate possession at a slightly lower entry point.