Property Rates in Thane City, Thane

Thane City's real estate market caters to diverse buyer preferences across property categories. Shops represent a premium segment, priced at ₹70,868 per sq ft with a significant 41.24% increase, while office spaces average ₹20,349 per sq ft, up by 3.17%. Residential options include villas at ₹23,228 per sq ft showing a 4.69% rise, and apartments, the most prevalent type, are priced at ₹18,962 per sq ft with a marginal 0.07% growth.

The Thane City market offers properties across various development stages. Ready To Move inventory, comprising 3283 units, averages ₹14,879 per sq ft with a slight 1.32% decrease, appealing to immediate occupancy seekers. Under Construction projects present 346 opportunities at ₹15,364 per sq ft showing a 0.56% decline. New Launch projects are available at ₹14,343 per sq ft with a 3% increase, catering to early investors.

Within Thane City, property values vary across different localities. Laxmi Nagar commands the highest average rate at ₹26,258 per sq ft, showing a healthy 4.94% increase, followed closely by Patlipada at ₹26,251 per sq ft. Panch Pakhadi offers properties at ₹26,059 per sq ft, also seeing a positive 2.39% rise. Meanwhile, Naupada, priced at ₹22,987 per sq ft, has experienced a notable decrease of 8.15%, presenting a contrasting market dynamic within the micromarket.

Premium rental projects in Thane City include Hiranandani Lake Enclave Glendale in Thane West, currently listed at ₹99 per sq ft with no change. Borkar Windsor and Shree Mangesh CHS in Naupada are both at ₹94 and ₹93 per sq ft respectively, with no reported changes. Hiranandani Annora in Thane West also shows a significant 26.76% increase, with rental rates at ₹90 per sq ft.

The rental market in Thane City offers a diverse range of options across different BHK configurations. Studio apartments are available for rent at an average of ₹16,000 per month, while 1 BHK units command ₹23,250 per month. Larger configurations like 2 BHK apartments average ₹39,107 per month, scaling up to ₹60,668 for 3 BHKs and ₹1.01 Lakh for 4 BHKs, with 5 BHKs reaching ₹1.59 Lakh per month.

Rental rates vary significantly across Thane City's locations. Hiranandani Estate leads with an average rental rate of ₹85 per sq ft, showing an 8.97% increase, while Shahapur is priced at ₹81 per sq ft with no change. Eastern Express Highway and Lal Bahadur Shastri Road are both at ₹78 per sq ft, with Bhaskar Colony and J K Gram averaging ₹74 per sq ft, the latter seeing a 7.25% rise.

Rental trends in Thane City show distinct patterns across property types. Shops lead with an average rental rate of ₹171 per sq ft, reflecting a 2.4% increase, followed by office spaces at ₹131 per sq ft with a 2.24% decrease. Apartments, representing the bulk of residential rentals, are priced at ₹59 per sq ft, demonstrating a healthy 5.36% growth.