Property Rates in Shilphata, Thane 2026

Property prices in Shilphata have shown a consistent upward trajectory throughout the recent quarters. As of June 2026, the location rate reached ₹12,200 per sq ft, rising from ₹11,950 per sq ft in March 2026, ₹11,050 per sq ft in December 2025, and ₹10,100 per sq ft in September 2025. This steady quarter-over-quarter growth indicates a sustained strengthening of the real estate market in the area.

Property prices in Shilphata vary by project status as of June 2026, reflecting different risk and readiness profiles. Ready to move projects are priced at ₹10,200 per sq ft, which has appreciated by 8.54% compared to the previous period. Meanwhile, under construction projects are currently priced at ₹10,550 per sq ft, showing a notable appreciation of 15.13% over the same timeframe. Partially ready to move projects command ₹10,900 per sq ft, having seen a significant appreciation of 17.04%, while new launch projects are priced at ₹8,650 per sq ft, reflecting a 2.66% appreciation.

The rental yield in Shilphata is currently 4.32% as of June 2026, which serves as a key indicator of potential income for property investors. This yield, paired with an average rental rate of ₹43 per sq ft—which has appreciated by 22.86% compared to the previous period—suggests that the locality is becoming increasingly attractive for those seeking both capital appreciation and consistent rental income.

As of June 2026, the rental market in Shilphata offers distinct price points based on unit size to cater to different tenant profiles. A 1 BHK apartment typically commands an average rent of ₹21,500 per month, while a 2 BHK apartment averages ₹24,450 per month. These rates provide clear benchmarks for landlords and tenants, reflecting the current demand for residential space in the locality.

As of June 2026, several projects in Shilphata stand out for their premium rental positioning. FBKA Jewels leads with a rental rate of ₹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 command higher rates due to their specific amenities and location advantages within the micromarket, where the general average rental rate for apartments is ₹50 per sq ft, which has seen a depreciation of 18.6% compared to the previous period.

Property prices in the vicinity of Shilphata show varied performance as of June 2026. For instance, Daighar Gaon reports an average rate of ₹12,050 per sq ft, reflecting a stable appreciation of 0.79%. In contrast, Kausa and Mumbra have seen price corrections, with average rates of ₹12,650 per sq ft (depreciating by 0.85%) and ₹12,250 per sq ft (depreciating by 3.45%) respectively. Diva remains a more accessible option at ₹10,800 per sq ft, having appreciated by 2.75%.

As of June 2026, the top projects by 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. Other notable projects like Lodha Casa Lagoona are priced at ₹12,850 per sq ft, showing an appreciation of 3.67%, and Giriraj MK Thakur Complex at ₹12,300 per sq ft, which has seen a significant appreciation of 57.99% compared to the previous period.

Buyers in Shilphata should note that as of June 2026, Ready To Move projects are priced at ₹10,200 per sq ft, while Under Construction projects are priced at ₹10,550 per sq ft. The higher price point for under construction units often reflects the premium for modern amenities, newer building standards, and the potential for future capital appreciation, whereas ready to move units offer immediate utility and lower risk for end-users looking to move in immediately.