Property Rates in Shilphata, Thane

Property prices in Shilphata have shown a general upward trend over the past year. From June 2025 to March 2026, the average location rate increased from ₹10,017 per sq ft to ₹11,955 per sq ft. Notably, the micromarket rate saw a significant jump from ₹10,128 per sq ft in June 2025 to ₹18,962 per sq ft in March 2026, suggesting strong growth in specific micro-pockets within Shilphata.

Property rates in Shilphata vary significantly across its neighborhoods as of March 2026. Kausa shows the highest average rate at ₹12,643 per sq ft, having appreciated by a substantial 148.88%. Mumbra follows with an average rate of ₹12,274 per sq ft, up by 51.66%. In contrast, areas like Khidkali and Nilje Gaon are priced lower, with average rates of ₹8,539 per sq ft and ₹9,077 per sq ft respectively, with no reported change in rates for these specific localities.

As of March 2026, the average price for apartments in Shilphata stands at ₹11,955 per sq ft. This segment has seen an appreciation of 8.43%, reflecting its popularity and consistent demand within the Shilphata real estate market.

In Shilphata, Ready To Move properties are priced at an average of ₹9,379 per sq ft as of March 2026, showing a slight appreciation of 3.39%. Under Construction properties are slightly lower, averaging ₹9,151 per sq ft, with a 9.46% appreciation. Properties in the 'Mid Stage' are priced higher at ₹12,669 per sq ft, having appreciated by 27.11%, indicating a premium for properties nearing completion or in advanced development stages.

As of March 2026, several projects in Shilphata command high listing rates. Nice City leads with a rate of ₹13,649 per sq ft, showing a significant appreciation of 81.48%. Bharat Ecovistas is priced at ₹13,506 per sq ft with a 20.19% appreciation, followed by Quality Annex at ₹13,282 per sq ft (73.37% appreciation) and Green Height at ₹13,196 per sq ft (71.67% appreciation).

The average rental rate in Shilphata is ₹43 per sq ft as of March 2026, with apartments averaging ₹43 per sq ft and showing an appreciation of 22.86%. The rental yield in Shilphata is reported at 4.32%. This yield suggests that property owners can expect an annual rental income equivalent to 4.32% of their property's capital value, which can be a key factor for investors evaluating the return on investment.

For apartments in Shilphata, the average rental rate for a 1 BHK is approximately ₹14,209 per month as of March 2026. For a larger 2 BHK apartment, the average rental rate increases to ₹21,896 per month. These figures provide a clear picture of the rental market for different apartment sizes in the locality.

Rental rates in the areas surrounding Shilphata show considerable variation. Mumbra offers an average rental rate of ₹45 per sq ft, with no reported change. Khardipada has an average rental rate of ₹40 per sq ft, though it has seen a depreciation of 9.09%. Katai Village is priced lower at ₹28 per sq ft, experiencing a depreciation of 15.15%, while Diva offers rentals at ₹30 per sq ft with stable rates.

As of March 2026, FBKA Jewels in Shilphata has the highest reported rental rate at ₹59 per sq ft. Following closely are Dosti Planet North Onyx at ₹52 per sq ft and Giriraj MK Thakur Complex at ₹51 per sq ft. Dosti Planet North Phase 2 Dosti Jade has seen a 19.51% appreciation in its rental rate, now standing at ₹49 per sq ft, indicating strong rental demand in these premium projects.

The provided data indicates that the Government Registration Rate in Shilphata is ₹0 per sq ft as of March 2026. This suggests that for the purpose of this dataset, there is no specific government-mandated registration rate being tracked or applied differently from the market asking prices.

The presence of 202 property listings in Shilphata as of March 2026 indicates a moderately active market with a decent supply of properties available for sale. This volume suggests that potential buyers have a reasonable selection to choose from, potentially fostering a competitive environment for sellers and offering choices for buyers.

In Shilphata, 'Well Occupied' properties have an average price of ₹10,961 per sq ft, showing a notable appreciation of 9.57% as of March 2026. In contrast, 'Partially Ready To Move' properties are priced lower at ₹9,301 per sq ft, and have experienced a depreciation of 12.82% over the same period, suggesting a price premium for properties with established occupancy.