Property Rates in Shivaji Nagar, Thane 2026

Property prices in Shivaji Nagar have shown a consistent upward movement throughout the last year. The micromarket rate rose from ₹18,250 per sq ft in September 2025 to ₹18,950 per sq ft in December 2025, and further climbed to ₹19,400 per sq ft by June 2026, indicating sustained buyer interest and market confidence in the locality.

As of June 2026, there is a significant price variance based on project status in Shivaji Nagar. Ready To Move properties are currently priced at an average of ₹14,050 per sq ft, having depreciated by 2.33% compared to the previous period. Conversely, Under Construction projects command a premium at ₹22,700 per sq ft, showing a substantial appreciation of 52.24% over the same timeframe, which often reflects the inclusion of newer, modern amenities or strategic developer positioning.

The Government Registration Rate in Shivaji Nagar is currently ₹8,500 per sq ft, based on data from October 2025 to September 2026. This is notably lower than the current market average asking price of ₹19,400 per sq ft as of June 2026. Investors and homebuyers should note that the registration rate serves as a benchmark for stamp duty and registration charges, while the market asking price reflects the actual transactional value driven by current demand and supply dynamics.

As of June 2026, Krishna Krupa And Pramila CHS leads the list with an asking price of ₹22,700 per sq ft, marking a significant appreciation of 52.24%. Other prominent projects include Om Sai CHS Thane at ₹16,200 per sq ft (depreciated by 3.69%) and Joshi Rachana CHS at ₹15,200 per sq ft (depreciated by 2.72%). These rates reflect the diverse pricing landscape in Shivaji Nagar, where project-specific factors like age, maintenance, and proximity to local infrastructure heavily influence current listing values.

As of June 2026, the average rental rate for office spaces in Shivaji Nagar is ₹150 per sq ft. This segment has experienced a depreciation of 9.72% compared to the previous period, which may present a more competitive entry point for businesses looking to establish a presence in the area.

The overall average rental rate in Shivaji Nagar is ₹130 per sq ft as of June 2026. This rate has seen a depreciation of 9.72% over the observed period, providing potential tenants with more favorable lease terms compared to previous quarters.

With 54 transactions recorded between October 2025 and September 2026, Shivaji Nagar demonstrates a steady level of market activity. A total gross value of ₹46 Cr suggests that while the locality maintains a consistent volume of sales, buyers and investors should cross-reference these figures with the specific project status—such as the 9 Ready To Move units versus the 1 Under Construction unit—to align their purchase with their liquidity and possession timeline requirements.