Property Rates in Shivaji Nagar, Thane 2026

In Shivaji Nagar, there is a notable price gap between project statuses as of September 2026. Under Construction properties are currently priced at ₹22,700 per sq ft, which has seen a significant appreciation of 52.24% compared to previous benchmarks. Conversely, Ready To Move properties are available at an average of ₹14,050 per sq ft, which has experienced a depreciation of 2.33% from the prior period. This divergence often reflects the premium associated with newer developments or specific high-value projects currently under construction in the area.

The Government Registration Rate in Shivaji Nagar is currently ₹8,500 per sq ft, based on data recorded between November 2025 and October 2026. This figure is significantly lower than the current market asking prices, which range from approximately ₹13,350 to ₹22,700 per sq ft across various residential projects. Investors and homebuyers should note that the Government Registration Rate is used for stamp duty and registration purposes and typically reflects historical valuation benchmarks rather than the current real-time market value.

As of September 2026, Krishna Krupa And Pramila CHS leads the market with a listing rate of ₹22,700 per sq ft, marking an appreciation of 52.24%. Other prominent projects include Om Sai CHS Thane at ₹16,200 per sq ft (which saw a depreciation of 3.69%) and Joshi Rachana CHS at ₹15,200 per sq ft (a depreciation of 2.72%). These rates reflect the diverse pricing landscape in Shivaji Nagar, where project-specific amenities and development status significantly influence the final asking price.

The average rental rate in Shivaji Nagar is ₹130 per sq ft as of September 2026. This rate has seen a depreciation of 9.72% compared to the previous period. For investors, it is important to weigh this rental income against the capital investment required for property purchases in the area, as the rental yield is influenced by both the current market asking prices and the prevailing demand for leased spaces.

Rental activity in Shivaji Nagar is currently concentrated in the office space segment, which commands an average rental rate of ₹150 per sq ft as of September 2026. This segment has experienced a depreciation of 9.72% over the observed period. Tenants and business owners looking for commercial premises in this locality should consider this rate as the benchmark for current lease negotiations.

Between November 2025 and October 2026, Shivaji Nagar recorded 44 property transactions with a gross value of ₹22 crore. This data provides a clear indicator of market liquidity and volume in the locality. Buyers can use this information to gauge the popularity of the area, while the average registered rate of ₹8,500 per sq ft serves as a useful reference point for understanding the base valuation of properties recently sold in the region.