Property Rates in Shilphata, Thane 2026

Property rates in Shilphata have shown a consistent upward trajectory from September 2025 to June 2026. The location rate grew from ₹10,100 per sq ft in September 2025 to ₹11,050 per sq ft in December 2025, reaching ₹11,950 per sq ft in March 2026 and further climbing to ₹12,200 per sq ft by June 2026. This steady growth indicates strong investor confidence and rising demand for residential units in the area.

Property rates in Shilphata vary significantly when compared to surrounding areas. As of June 2026, Kausa commands a higher average asking price of ₹12,650 per sq ft, despite a depreciation of 0.85%. Mumbra is priced at ₹12,250 per sq ft, which has seen a depreciation of 3.45%, while Daighar Gaon stands at ₹12,050 per sq ft with a marginal appreciation of 0.79%. Diva remains the most accessible option among these, with an average asking price of ₹10,800 per sq ft, having appreciated by 2.75%.

As of June 2026, Ready To Move properties in Shilphata are priced at an average of ₹10,200 per sq ft, showing a significant appreciation of 8.54% over the observed period. In contrast, Under Construction projects are priced at ₹10,550 per sq ft, which has appreciated by 15.13%. The higher growth rate in the under-construction segment suggests that buyers are increasingly willing to pay a premium for newer developments and modern amenities currently in the pipeline.

The rental yield in Shilphata is currently 4.32% as of June 2026, with an average rental rate of ₹43 per sq ft. This yield represents the annual return an investor can expect from rental income relative to the property's capital value. With the average rental rate having appreciated by 22.86%, the locality is becoming increasingly attractive for investors seeking a balance between capital appreciation and consistent rental cash flow.

As of June 2026, the rental market in Shilphata offers distinct pricing based on unit size to accommodate different tenant profiles. A 1 BHK apartment typically rents for ₹21,500 per month, while a 2 BHK apartment averages ₹24,450 per month. These rates provide a clear benchmark for both landlords and tenants, reflecting the current demand for compact yet functional residential spaces in the locality.

As of June 2026, the premium projects in Shilphata leading the rental market include FBKA Jewels at ₹59 per sq ft, Dosti Planet North Onyx at ₹52 per sq ft, and Giriraj MK Thakur Complex at ₹51 per sq ft. These projects command higher rates due to their specific positioning and amenities. Notably, projects like Dosti Planet North Phase 2 Dosti Jade have seen a significant rental appreciation of 19.51%, highlighting the dynamic nature of the rental market in this area.

Rental rates in Shilphata currently average ₹50 per sq ft for apartments, which is consistent with several nearby areas. Locations such as Mumbra, Kalwa, and Anjur also show an average rental rate of ₹50 per sq ft. However, investors should note that these areas have experienced varying trends; for instance, Anjur has seen a sharp depreciation of 50%, while Mumbra saw a 17.78% depreciation, suggesting that Shilphata's rental market remains relatively more stable compared to some of its neighbours.

As of June 2026, the projects with the highest listing rates in Shilphata include Nice City at ₹13,650 per sq ft, Quality Annex at ₹13,300 per sq ft, and Green Height at ₹13,200 per sq ft. These projects represent the premium end of the local market. While some projects like Giriraj MK Thakur Complex have seen substantial appreciation of 57.99%, others have remained stable, indicating that price growth is highly project-specific rather than uniform across the entire locality.

A buyer should use the property status data to align their purchase with their timeline and risk appetite. As of June 2026, Partially Ready To Move projects are priced at ₹10,900 per sq ft with a notable 17.04% appreciation, while New Launch projects are the most affordable at ₹8,650 per sq ft with a 2.66% appreciation. This data helps buyers distinguish between the immediate availability of Ready To Move units and the potential future value of Under Construction or New Launch projects.