Property Rates in Thane West, Thane

Property prices in Thane West have shown a mixed trend over the past year. From Jun 2025 to Mar 2026, the micromarket rate increased from ₹10,128 per sq ft to ₹18,962 per sq ft, showing substantial appreciation. However, the location rate experienced a decrease from ₹18,621 per sq ft in Dec 2025 to ₹0 per sq ft in Mar 2026, alongside a decrease from ₹18,301 in Sep 2025 to ₹18,621 in Dec 2025. This indicates variability in price movements across different metrics within Thane West.

Property rates in Thane West vary significantly by neighborhood as of Mar 2026. Panch Pakhadi shows the highest average rate at ₹26,059 per sq ft, appreciating by 2.39% from the previous period. Naupada is also premium with an average rate of ₹22,987 per sq ft, though it saw a depreciation of 8.15%. In contrast, Uthalsar has an average rate of ₹17,405 per sq ft, experiencing a notable depreciation of 18.3%, and Ganeshwadi stands at ₹18,171 per sq ft with a depreciation of 22.06%. Charai and Lal Bahadur Shastri Road maintain stable rates at ₹19,945 and ₹19,844 per sq ft respectively, with no change percentage reported.

As of Mar 2026, the average price for apartments in Thane West is ₹18,621 per sq ft, showing an appreciation of 1.75%. Office spaces are priced at an average of ₹16,748 per sq ft, with a depreciation of 27.38%. Shops command the highest average price at ₹51,585 per sq ft, though this segment has seen a significant depreciation of 26.17%.

In Thane West, property prices vary by construction status as of Mar 2026. 'Under Construction' properties have the highest average price at ₹22,489 per sq ft, appreciating by 5.88%. 'Partially Ready To Move' properties are priced at ₹19,738 per sq ft, with a 4.98% appreciation. 'Ready To Move' properties are available at ₹17,433 per sq ft, showing a depreciation of 3.99%. 'New Launch' properties are priced at ₹17,770 per sq ft, with a depreciation of 3.98%, while 'Well Occupied' properties are at ₹16,303 per sq ft, showing a significant appreciation of 33.18%.

Lodha Amara in Kolshet Industrial Area, Thane West, leads in transaction activity with 29 transactions and a current rate of ₹17,213 per sq ft, despite a slight depreciation of 3.29%. Ashar Merac in Shree Nagar follows with 20 transactions at ₹22,534 per sq ft, showing a marginal appreciation of 0.72%. Kalpataru Immensa, also in Kolshet Industrial Area, recorded 11 transactions at ₹21,129 per sq ft, with a depreciation of 3.23%.

As of Mar 2026, Lodha Amara in Kolshet Industrial Area ranks highest in transaction value in Thane West at ₹26.49 Cr, with a current rate of ₹17,213 per sq ft and a depreciation of 3.29%. Ashar Merac in Shree Nagar follows with a value of ₹21.47 Cr and a rate of ₹22,534 per sq ft, showing a 0.72% appreciation. Kalpataru Immensa, also in Kolshet Industrial Area, is third with ₹14.05 Cr in transaction value and a rate of ₹21,129 per sq ft, having depreciated by 3.23%.

As of Mar 2026, projects in Thane West with the highest listing rates include Lodha Excellencia at ₹29,039 per sq ft, showing a 4.26% increase. Kalpataru Tarangan 1 is listed at ₹28,973 per sq ft, up by 9.46%. Hiranandani Estate Evelina follows with a listing rate of ₹28,850 per sq ft, an increase of 1.87%.

As of Mar 2026, the average rental rate in Thane West is ₹63 per sq ft. While the specific rental yield percentage is not provided in this data, this average rental rate suggests potential income for property owners. The average rental rate for apartments has seen a slight depreciation of 1.56%.

In Thane West, rental costs vary by BHK configuration as of Mar 2026. A 1 BHK apartment typically rents for ₹24,904 per month. For a 2 BHK, the average rent is ₹45,276 per month, while a 3 BHK commands an average of ₹71,588 per month. Larger 4 BHK units are rented at approximately ₹1.48 Lakh per month, indicating a premium for more space.

Rental rates in Thane West show variations across its neighborhoods. Lal Bahadur Shastri Road and Eastern Express Highway command the highest average rental rates at ₹78 per sq ft, with no reported change. Naupada follows with ₹69 per sq ft, showing a slight appreciation of 1.47%. Panch Pakhadi has an average rental rate of ₹67 per sq ft, with a minor depreciation of 1.47%. Khopat shows an average rental rate of ₹61 per sq ft, with a 7.02% appreciation.

As of Mar 2026, office spaces in Thane West have the highest average rental rate at ₹139 per sq ft, showing a slight appreciation of 0.72%. Shops are available for rent at an average of ₹128 per sq ft, with no change reported. Apartments have an average rental rate of ₹63 per sq ft, experiencing a depreciation of 1.56%, while plots are the lowest at ₹37 per sq ft.

As of Mar 2026, Hiranandani Lake Enclave Glendale leads in rental rates in Thane West at ₹99 per sq ft. Hiranandani Annora follows with a rental rate of ₹90 per sq ft, showing a significant appreciation of 26.76%. Hiranandani Obelia The Walk is listed at ₹86 per sq ft, with no reported change, alongside Silver Plaza and Anandashram Colony also at ₹85 per sq ft.

Lodha is the leading developer in Thane West by transaction volume, with 74 transactions. Hiranandani follows with 41 transactions, and Ashar Group ranks third with 27 transactions. Other active developers include Kalpataru (24 transactions), Dosti Group (23 transactions), and Runwal (18 transactions).

The Government Registration Rate in Thane West is ₹15,592 per sq ft, which is considerably higher than the average asking price of ₹0 per sq ft as of Mar 2026. The government's registered rate signifies the benchmark value for property transactions, while the asking price reflects current market listing values. The data also indicates a total of 9,941 transactions with a gross value of ₹12,014 Cr recorded between May 2025 and Apr 2026.