Tembhode presents a focused residential market within Palghar, characterized by a steady average asking price of ₹4,950 per sq ft. The local real estate landscape is primarily driven by apartment developments, which continue to serve as the core product type for prospective buyers. Rental activity in the surrounding region, particularly in nearby Virar, remains active with average rates hovering around ₹50 per sq ft, indicating a steady demand for leased properties. Market participants should note the following insights:
As of Sep 2026, the average asking price in Tembhode is ₹4,950 per sq ft. This rate has remained stable with a 0% change, indicating a consistent price environment for residential apartments in the area during the observed period.
Property prices in Tembhode, currently at ₹4,950 per sq ft, are notably more accessible compared to neighbouring regions. For instance, as of Sep 2026, Virar West commands an average asking price of ₹8,500 per sq ft, which has appreciated by 2.04% compared to the previous period. Similarly, Virar and Virar East have average asking prices of ₹8,400 per sq ft and ₹7,800 per sq ft, respectively, with Virar showing a 1.07% appreciation and Virar East experiencing a 3.08% depreciation over the same timeframe.
Apartment prices in Tembhode are currently averaging ₹4,950 per sq ft as of Sep 2026. This segment has seen a depreciation of 2.32% compared to the prior period, reflecting a slight market correction for apartment-style residential units in this locality.
Several projects in Tembhode feature higher listing rates, reflecting their specific positioning within the local market as of Sep 2026. Navkar Nova Exotica leads with a listing rate of ₹12,350 per sq ft, maintaining stable pricing with a 0% change. Other notable projects include Prithvi Srishti Complex at ₹10,750 per sq ft (which has appreciated by 77.97%) and K Bafna Philia Square at ₹10,650 per sq ft (which has appreciated by 76.77%). These figures represent the current asking rates for these developments and highlight the premium tier of residential offerings in the area.
Rental rates in the immediate vicinity of Tembhode show varied performance as of Sep 2026. Both Virar West and Virar maintain an average rental rate of ₹50 per sq ft, though both have seen a depreciation of 3.85% in rental values compared to the previous period. Conversely, Virar East also averages ₹50 per sq ft but has bucked the trend with an appreciation of 3.45% in rental rates, suggesting a more resilient demand profile in that specific sub-market.
Users should view the average asking price of ₹4,950 per sq ft as a baseline for residential apartments in Tembhode as of Sep 2026. By comparing this against the higher rates in neighbouring areas like Virar, investors can gauge the relative affordability of the locality. Additionally, tracking the appreciation or depreciation percentages of specific projects—such as the significant growth seen in projects like AD Sai Vaibhav—helps in identifying which developments are gaining value, allowing for more informed purchasing decisions.