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Insights for Shrirang Society, Thane Real Estate Market Overview

Shrirang Society presents a stable real estate market in Thane, characterized by a balanced mix of residential projects and consistent rental demand. The current asking price of ₹15,400 per sq ft reflects the locality's maturity and its appeal as a residential hub. Rental activity remains active, with an average yield of 4.52% providing a clear indicator for investors looking at steady income streams. Recent registration data confirms ongoing transaction movement, emphasizing the area's liquidity and desirability for homebuyers. The market landscape is further defined by a preference for ready-to-move apartments, ensuring that supply aligns closely with the needs of end-users.

  • Residential property rates are currently averaging ₹15,400 per sq ft.
  • The area reports an attractive rental yield of 4.52%.
  • Ready to move projects are priced at an average of ₹14,600 per sq ft.
  • Shrirang CHS and Shreerang CHS remain the primary residential projects driving local interest.
  • Rental rates for apartments in the locality average ₹50 per sq ft.

Market Strengths
  • A solid rental yield of 4.52% makes the locality attractive for income-focused investors.
  • Ready to move properties show a positive price trend of 0.37%, indicating stable value appreciation.
  • Shrirang CHS demonstrates a positive price growth of 1.22%, signaling strong project-level demand.
  • The average monthly rent for 1 BHK units at ₹27,450 provides a reliable revenue stream for landlords.
  • Broad rental rate stability across several neighboring localities supports the overall investment profile of the region.
Market Challenges
  • The average rental rate for apartments has experienced a contraction of -4.92% over the recent period.
  • Rental demand in surrounding areas like Oswal Park and Rutu Park has seen significant downward pressure, with changes of -14.29% and -11.76% respectively.
Investment Opportunities
  • The 4.52% rental yield offers a stable return for long-term investors in the residential sector.
  • Ready to move apartments at an average of ₹14,600 per sq ft provide a low-risk entry point for immediate occupancy.
  • 1 BHK units are available at an average monthly rent of ₹27,450, catering to the strong demand for compact rental housing.
  • Consistent registration rates of ₹15,700 per sq ft suggest a mature market with predictable pricing.
Top Localities in Shrirang Society, Thane

Lal Bahadur Shastri Road

Avg Price ₹ 19,850 /Sq.Ft.
LISTINGS 17

Kolbad

Avg Price ₹ 21,050 /Sq.Ft.
LISTINGS 9

Vrindavan Society

Avg Price ₹ 13,700 /Sq.Ft.
Avg Rent ₹ 50 /Sq.Ft.
YIELD + 4.38
LISTINGS 11
Price Trend

Shrirang Society, Thane Property Price Trends and Appreciation

About Asking Price Trends
Shrirang Society Property Price Comparison
  • By Localities
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Uthalsar 17,400 -0.1
Laxmi Nagar 26,900 2.4
Majiwada 20,250 1.5
Kapur Bawdi 22,500 -0.6
Balkum Pada 19,250 1.6
Pokhran Road No Two 24,950 3.7
Panch Pakhadi 24,150 -7.2
Naupada 24,050 4.6
Vartak Nagar 19,800 -4.6
Kalwa 19,700 4
Real estate values in the vicinity of Shrirang Society vary based on local connectivity and project amenities. Neighboring pockets like Uthalsar average ₹17,400 per sq ft, while premium areas such as Laxmi Nagar command higher rates of ₹26,900 per sq ft. Other nearby locations including Balkum Pada at ₹19,250 per sq ft and Vartak Nagar at ₹19,800 per sq ft offer distinct pricing tiers that cater to a wide range of budgets.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 2 14,600 0.4
The market in Shrirang Society is dominated by ready-to-move inventory, which is highly sought after by those looking for immediate possession. These completed projects average ₹14,600 per sq ft, showing a slight positive trend of 0.37%, which highlights the enduring demand for established residential spaces.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Shrirang Chs, Shrirang Society 14,750 1.2
Shreerang Chs, Shrirang Society 14,450 -0.5
Premium residential developments in Shrirang Society set the local price benchmarks. Shrirang CHS is currently priced at ₹14,750 per sq ft, reflecting a growth of 1.22%. Meanwhile, Shreerang CHS offers options at ₹14,450 per sq ft, providing a competitive alternative for those looking to invest in this established locality.
Project Name Rate (₹/Sq.Ft) Change %
Shreerang Chs, Shrirang Society 61 -
Shrirang Chs, Shrirang Society 38 -
Top projects like Shreerang CHS currently command a rental rate of ₹61 per sq ft, while Shrirang CHS is at ₹38 per sq ft. These figures highlight the variance in rental pricing based on project-specific amenities and location within the society.
Government Registrations

Government Registration in Shrirang Society, Thane

Official registration data for Shrirang Society indicates a steady flow of transactions, with 2 properties registered recently at an average rate of ₹15,700 per sq ft. These transactions represent a total gross value of ₹1 Cr, confirming that the market maintains consistent activity and buyer confidence.
Sales Transactions 2
Gross Sales Value ₹ 1 Cr
Registered Rate ₹ 15,700/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Shrirang Society, Thane

1 BHK apartments are a key component of the rental market in Shrirang Society, commanding an average monthly rent of ₹27,450. These units remain popular among tenants seeking residential convenience in a well-established setting. Rental rates across the broader Thane region show a mix of trends. While Vrindavan Society has seen a 6.38% increase, other areas like Oswal Park and Rutu Park have faced declines of -14.29% and -11.76% respectively, reflecting the diverse rental landscape surrounding Shrirang Society. Apartments remain the primary property type for rent in Shrirang Society, with an average rate of ₹50 per sq ft. This segment has seen a change of -4.92%, aligning with broader rental shifts in the area. Top projects like Shreerang CHS currently command a rental rate of ₹61 per sq ft, while Shrirang CHS is at ₹38 per sq ft. These figures highlight the variance in rental pricing based on project-specific amenities and location within the society.
Shrirang Society Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 27,450
1 BHK apartments are a key component of the rental market in Shrirang Society, commanding an average monthly rent of ₹27,450. These units remain popular among tenants seeking residential convenience in a well-established setting.
Locality Rate (₹/Sq.Ft) Change %
Rutu Park 50 -11.8
Vrindavan Society 50 6.4
Panchsheel Nagar 50 -
Uthalsar 50 -1.6
Runwal Nagar 50 -1.5
Oswal Park 50 -14.3
Laxmi Nagar 50 1.4
Khopat 50 16.4
Charai 50 -1.5
Subhash Nagar 50 -
Rental rates across the broader Thane region show a mix of trends. While Vrindavan Society has seen a 6.38% increase, other areas like Oswal Park and Rutu Park have faced declines of -14.29% and -11.76% respectively, reflecting the diverse rental landscape surrounding Shrirang Society.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 50 -4.9
Apartments remain the primary property type for rent in Shrirang Society, with an average rate of ₹50 per sq ft. This segment has seen a change of -4.92%, aligning with broader rental shifts in the area.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Shrirang Society, Thane

Avg. Asking Price ₹ 19,400 /Sq.Ft
Avg. Asking Price ₹ 15,050 /Sq.Ft
Govt Registration Rate ₹ 7,850 /Sq.Ft
Avg. Asking Price ₹ 6,950 /Sq.Ft
Govt Registration Rate ₹ 5,600 /Sq.Ft

More insights about Shrirang Society, Thane

FAQ

Frequently Asked Questions About Property Rates in Shrirang Society, Thane

What is the current average asking price in Shrirang Society?

As of June 2026, the average asking price in Shrirang Society is ₹15,400 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consolidation in the local real estate market.

How do property rates in Shrirang Society compare to the Government Registration Rate?

The average asking price in Shrirang Society is ₹15,400 per sq ft, which sits slightly below the Government Registration Rate of ₹15,700 per sq ft recorded between October 2025 and September 2026. This difference suggests that current market listings are competitively priced relative to the values used for official government transactions in the area.

What is the recent price trend in Shrirang Society?

The micromarket rate in Shrirang Society has shown an upward trajectory, moving from ₹18,250 per sq ft in September 2025 to ₹19,400 per sq ft by June 2026. This consistent quarterly growth reflects a steady increase in demand and valuation for properties within this locality over the past year.

What are the rates for Ready To Move properties in Shrirang Society?

As of June 2026, Ready To Move properties in Shrirang Society are priced at an average of ₹14,600 per sq ft. This rate has appreciated by 0.37% compared to previous periods, signaling a stable and resilient demand for completed inventory in the area.

What is the average rental yield in Shrirang Society?

The average rental yield in Shrirang Society is 4.52% as of June 2026. This yield provides a clear indicator for investors regarding the potential annual rental income relative to the capital investment required for property acquisition in this locality.

What is the average rental rate in Shrirang Society and how has it changed?

As of June 2026, the average rental rate in Shrirang Society is ₹58 per sq ft. This rate has depreciated by 4.92% compared to the prior period, a trend that is also reflected in the rental rates for apartments in the area, which similarly saw a 4.92% depreciation.

What is the typical monthly rent for a 1 BHK apartment in Shrirang Society?

A 1 BHK apartment in Shrirang Society commands an average monthly rent of ₹27,450 as of June 2026. This price point serves as a primary benchmark for tenants looking for compact, residential apartment options within the locality.

Which projects in Shrirang Society command the highest rental rates?

Shreerang CHS is a premium rental project in Shrirang Society, currently commanding a rental rate of ₹61 per sq ft as of June 2026. In comparison, Shrirang CHS is available at a rental rate of ₹38 per sq ft, with both projects maintaining stable rental rates at 0% change during this period.

How do rental rates in Shrirang Society compare to nearby areas?

Rental rates in Shrirang Society currently average ₹58 per sq ft, which is higher than the ₹50 per sq ft observed in surrounding areas like Rutu Park, Vrindavan Society, and Panchsheel Nagar as of June 2026. While many nearby localities have seen fluctuations—such as Khopat experiencing a 16.39% appreciation and Oswal Park seeing a 14.29% depreciation—the premium positioning of Shrirang Society remains distinct.

What are the top projects by listing rates in Shrirang Society?

The top projects by listing rates in Shrirang Society include Shrirang CHS, which is priced at ₹14,750 per sq ft as of June 2026, reflecting an appreciation of 1.22%. Additionally, Shreerang CHS is listed at ₹14,450 per sq ft, which has seen a minor depreciation of 0.49% over the same period.

How should a buyer interpret the property rate data for Shrirang Society?

Buyers should use the average asking price of ₹15,400 per sq ft as a baseline for negotiation, while also considering the Government Registration Rate of ₹15,700 per sq ft to understand the official valuation context. Since the market has shown stability with a 0% change in asking price as of June 2026, it suggests a balanced environment where buyers can focus on project-specific value rather than rapid market-wide price volatility.

Is Shrirang Society a suitable location for real estate investment?

With a rental yield of 4.52% as of June 2026, Shrirang Society presents a moderate income-generating potential for investors. The steady appreciation in micromarket rates, which rose from ₹18,250 per sq ft in September 2025 to ₹19,400 per sq ft in June 2026, suggests that the area is experiencing consistent demand, making it a viable option for those looking for long-term capital appreciation alongside rental income.

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