Property Rates in Shivai Nagar, Thane

As of March 2026, Shivai Nagar's average asking price stands at ₹21,765 per sq ft. This is higher than the average micromarket rate of ₹18,962 per sq ft for the same period. Shivai Nagar has shown a recent appreciation of 0.95% from Dec 2025 to Mar 2026, while the broader micromarket average has remained relatively stable. Among its listed neighbouring micromarkets, Vartak Nagar shows a higher average rate of ₹20,757 per sq ft with a significant appreciation of 7.75%, while Pokhran Road No Two is priced at ₹24,050 per sq ft, experiencing a slight depreciation of 0.32%.

As of March 2026, Ready To Move properties in Shivai Nagar have an average price of ₹16,143 per sq ft, showing an appreciation of 2.68% from the previous period. In contrast, Under Construction properties are priced at ₹15,284 per sq ft, marking a substantial depreciation of 32.93% from the prior period. New Launch properties are priced higher at ₹21,980 per sq ft, with a slight appreciation of 0.73%.

As of March 2026, the projects with the highest listing rates in Shivai Nagar include Neelkanth Heights Shivai Nagar at ₹24,782 per sq ft, which has depreciated by 1.73% from the previous period. VB Veer Hills is listed at ₹21,980 per sq ft, showing a 0.73% appreciation. Indraprastha CHS Shivaji Nagar is priced at ₹21,721 per sq ft and has appreciated by 0.76%. These projects represent the premium end of the market in Shivai Nagar based on their current asking prices.

As of March 2026, the average rental rate in Shivai Nagar is ₹62 per sq ft. The area offers a rental yield of 3.42%, indicating the potential return on investment for property owners. This yield is calculated based on the current rental income relative to property values, suggesting that for every ₹100 invested in property, an annual rental income of ₹3.42 can be expected. This figure is crucial for investors assessing the income-generating potential of properties in Shivai Nagar.

As of March 2026, the average monthly rental rate for a 2 BHK apartment in Shivai Nagar is ₹47,500. For larger 3 BHK apartments, the average monthly rent is higher at ₹65,000. These figures provide a clear indication of the rental market for different apartment sizes, which is valuable for both prospective tenants looking for rental options and landlords determining competitive rental prices.

As of March 2026, rental rates in micromarkets near Shivai Nagar show variation. Pokhran Road No Two commands the highest average rental rate at ₹70 per sq ft, with a 2.94% appreciation. J K Gram is also a premium rental micro-market at ₹74 per sq ft, showing a 7.25% appreciation. In contrast, areas like Gawand Baug, Vasant Vihar, and Samata Nagar offer more affordable rentals at ₹59 per sq ft, with no change in rates. Pokhran Road No One has seen a decrease of 6.06% in rental rates, now averaging ₹62 per sq ft.

The Government Registration Rate in Shivai Nagar is ₹15,600 per sq ft, as per data for the period of May 2025 to April 2026. This is notably lower than the average asking price of ₹21,765 per sq ft recorded as of March 2026. The difference suggests that the actual transaction prices may be lower than the initial asking prices, or that the registration rate reflects a different valuation metric. The number of transactions recorded during this period was 32, with a gross value of ₹18 Cr.

The average asking price in Shivai Nagar has experienced fluctuations over the past year. From June 2025 to September 2025, prices saw a significant increase from ₹16,541 to ₹23,200 per sq ft. However, this trend reversed, with prices decreasing to ₹21,974 per sq ft by December 2025 and further to ₹21,765 per sq ft by March 2026. This downward movement in the last two quarters indicates a recent cooling of the market after a period of strong growth.

As of March 2026, the average price for apartments in Shivai Nagar is ₹21,765 per sq ft. This reflects a depreciation of 0.95% from the previous period. The trend shows a decrease from ₹21,974 per sq ft in December 2025 to the current rate. This recent dip suggests a slight softening in demand or an increase in supply for apartments in the locality.

As of March 2026, the price trend in Shivai Nagar indicates a recent moderation after a period of growth. The average asking price has decreased from ₹23,200 per sq ft in September 2025 to ₹21,765 per sq ft in March 2026. While this might present a more favorable entry point for buyers, investors should note the recent depreciation, which could signal a market correction or a period of stabilization before potential future growth. The micromarket rate has remained more stable, hovering around ₹18,900-₹19,000 per sq ft.

As of March 2026, Vartak Nagar has experienced significant price appreciation, with its average rate increasing by 7.75% to ₹20,757 per sq ft. J K Gram also saw a positive trend with a 2.62% appreciation to ₹23,924 per sq ft. Conversely, Vasant Vihar has seen a notable depreciation of 4.77%, bringing its average rate to ₹18,948 per sq ft. Pokhran Road No Two experienced a slight dip of 0.32%, settling at ₹24,050 per sq ft.

As of March 2026, the top projects in Shivai Nagar by rental rates include Deepali CHS Shivai Nagar at ₹68 per sq ft, Neelkanth Heights Shivai Nagar at ₹62 per sq ft, and Atharva Park at ₹57 per sq ft. All these projects have shown no change in their rental rates from the previous period. These rates are higher than the overall average rental rate of ₹62 per sq ft for Shivai Nagar, indicating that properties in these specific projects command a premium in the rental market.