The Thane market for real estate has grown as a result of good connections and affordable cost of living. More improvements are coming to Thane to give its residents a top-notch quality of life. Check out the article to get insights on Property rates in Thane and price trends.
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Property Rates in Thane
Thane residential segment demand has increased in the last few years due to the good connectivity which links to Mumbai and social infrastructural developments. And with increasing demand, the property rates in thane also tend to increase in coming years.
With its extensive selection of residential property alternatives, Thane now meets the needs of house buyers of all types. Investors rely on this thriving market to provide healthy profits.
Although Thane’s residential market is known for its affordability, there has been an increase in demand for luxury property recently.
There are an increasing number of integrated townships and high-rise residences. Thus, Thane has emerged as a viable alternative for Mumbai purchasers looking for large mansions.
Real Estate Overview of Thane 2023
The Real estate sector In Thane has grown tremendously in the last many years.
In India, Thane was the very first city to receive a railroad connection.
The location of Thane offers several benefits, including connections to Mumbai through the Eastern Expressway Highway as well as the Eastern Freeway.
Navi Mumbai through the Thane-Belapur Road, the western and central suburbs via the Ghodbunder Road, and regions in Gujarat through the use of the Mumbai-Ahmedabad Highway and upcoming metro connectivity.
Also with connectivity, thane offers a great social infrastructure. Aside from living close to nature, the major benefit of residing in Thane is access to some of the best social infrastructure facilities.
Homebazaar.com expert from Thane locality said in a recent discussion,” Thane emerges as a focal point of growing demand, with an insatiable appetite for properties. As the city unfolds its potential, Homebazaar.com remains dedicated to unlocking opportunities for all. In the landscape of Thane’s escalating real estate allure, we stand committed to empowering dreams and fostering investments, ensuring that every seeker finds not just a property, but a gateway to a thriving future.”
The growth of flyovers, highways and large roadways has altered Thane’s perception as an urban enclave.
Thane began to gain popularity as a desirable place to live. Middle-class and upper-class individuals began to swarm here.
The number of housing towers offering amenities and features that were formerly limited only to South Mumbai’s real estate market increased in Thane.
Thane Property Rates Per Square Feet
The real estate residential in Thane has grown from the ground plus 7-10 floor structures to multi-story towers and perhaps townships with opulent amenities.
The avg property rates in Thane for an apartment go around Rs. 40L- 60L.
Here is a list of localities of Thane property rates per square feet.
| Locality | Thane property rates Per Square Feet (Avg) |
| Majiwada | Rs. 12,700 |
| Balkum | Rs. 11,700 |
| Kapurbawdi | Rs. 13,200 |
| Bhiwandi | Rs. 4,740 |
| Kalwa | Rs. 9,300 |
| Badlapur | Rs. 3,830 |
| Karjat | Rs. 3,600 |
| Ambernath | Rs.4,250 |
| Anand Nagar | Rs.9,200 |
| Dhokali | Rs. 11,400 |
| Dombivli (East) | Rs. 6,200 |
| Dombivli (West) | Rs. 6,970 |
| Kalyan (East) | Rs. 5,500 |
| Kalyan (West) | Rs. 6,900 |
| Kavesar | Rs. 11,000 |
| Khopat | Rs. 12,200 |
| Kolshet | Rs. 12,350 |
| Manpada | Rs. 12,730 |
| Vartak Nagar | Rs. 12,300 |
| Vasant Vihar | Rs. 12,500 |
| Panch Pakhadi | Rs. 15,200 |
| Patlipada | Rs. 13,030 |
| Teen Haath Naka | Rs. 17,000 |
| Waghbil | Rs. 10,600 |
1 BHK Flat Rates In Thane
Thane has the opportunity to emerge as one of western India’s most desirable markets for real estate. The demand for 1 BHK flats in Thane is on a high scale.
The 1BHK flat rate in Thane goes up to Rs. 25-40L.
Here is a list of localities with 1BHK flat rates in Thane.
| Locality | 1 BHK Flat Rates In Thane |
| Majiwada | 38.10L – 63.50L |
| Balkum | 35L – 58.50L |
| Kapurbawdi | 39.60L – 66L |
| Bhiwandi | 14.22L – 23.70L |
| Kalwa | 27.90L – 46.50L |
| Badlapur | 11.49L – 19.15L |
| Karjat | 10.80L – 18L |
| Ambernath | 12.75L – 21.25L |
| Anand Nagar | 27.60L – 46L |
| Dhokali | 34.20L – 57L |
| Dombivli (East) | 18.60L – 31L |
| Dombivli (West) | 20.91L – 34.85L |
| Kalyan (East) | 16.50L – 27.50L |
| Kalyan (West) | 20.70L – 34.50L |
| Kavesar | 33L – 55L |
| Khopat | 36.60L – 61L |
| Kolshet | 37.05L – 61.75L |
| Manpada | 38.19L – 63.65L |
| Vartak Nagar | 36.90L – 61.50L |
| Vasant Vihar | 37.50L – 62.50L |
| Panch Pakhadi | 45.60L – 76L |
| Patlipada | 39.09L – 65.15L |
| Teen Haath Naka | 51L – 85L |
| Waghbil | 31.80L – 53L |
2 BHK Flat Rates In Thane
Thane is a gold mine for first-time home buyers as well as for investors. The property rates in Thane for 2 BHK flat go around Rs. 60- 80L avg.
Here is a list of localities with 2 BHK flat rates in Thane.
| Locality | 2 BHK flat rates in Thane (Rs) |
| Majiwada | 69.85L – 1.14Cr |
| Balkum | 64L – 1.05Cr |
| Kapurbawdi | 72.60L – 1.18Cr |
| Bhiwandi | 26.07L – 42.66L |
| Kalwa | 51.15L – 83.70L |
| Badlapur | 21.06L – 34.47L |
| Karjat | 19.80L – 32.40L |
| Ambernath | 23.37L – 38.25L |
| Anand Nagar | 5060 – 8280 |
| Dhokali | 62.70L – 1.02Cr |
| Dombivli (East) | 34l – 55.80L |
| Dombivli (West) | 38.33L – 62.73L |
| Kalyan (East) | 30.25L – 49.50L |
| Kalyan (West) | 37.95L – 62.10L |
| Kavesar | 60.50L – 99L |
| Khopat | 67.10L – 1.09Cr |
| Kolshet | 67.92L – 1.11Cr |
| Manpada | 70L – 1.14Cr |
| Vartak Nagar | 67.65L – 1.10Cr |
| Vasant Vihar | 68.75L – 1.12Cr |
| Panch Pakhadi | 83.60L – 1.36Cr |
| Patlipada | 71.66L – 1.17Cr |
| Teen Haath Naka | 93.50 – 1.53Cr |
| Waghbil | 58.30L – 95.40L |
3 BHK Flat Rates In Thane
Many top developers in Thane have come up with premium segment residences. Property rates in thane tend to rise in upcoming years.
3 BHK flat rates in Thane costs Rs. 90L- 1.50Cr.
Here is a list of 3 BHK flat rates in Thane.
| Locality | 3 BHK flat rates in Thane (Rs) |
| Majiwada | 1.20Cr – 1.90Cr |
| Balkum | 1.11Cr – 1.75Cr |
| Kapurbawdi | 1.25Cr – 1.98Cr |
| Bhiwandi | 45L – 71.10L |
| Kalwa | 88.35L – 1.39Cr |
| Badlapur | 36.38L – 57.45L |
| Karjat | 34L – 54L |
| Ambernath | 40.37L – 63.75L |
| Anand Nagar | 87.40L- 1.38Cr |
| Dhokali | 1.08Cr – 1.71Cr |
| Dombivli (East) | 58.90L – 93L |
| Dombivli (West) | 66L – 1.04Cr |
| Kalyan (East) | 52.25L – 82.50L |
| Kalyan (West) | 65.55L – 1.03Cr |
| Kavesar | 1.04Cr – 1.65Cr |
| Khopat | 1.15Cr – 1.83Cr |
| Kolshet | 1.17Cr – 1.85Cr |
| Manpada | 1.20Cr – 1.90Cr |
| Vartak Nagar | 1.16Cr- 1.84Cr |
| Vasant Vihar | 1.18Cr – 1.87Cr |
| Panch Pakhadi | 1.44Cr – 2.28Cr |
| Patlipada | 1.23Cr – 1.95Cr |
| Teen Haath Naka | 1.61Cr – 2.55Cr |
| Waghbil | 1Cr – 1.59Cr |
Also read, Top 10 Best Localities For Buying a Home In Thane
FAQs
| Will property prices rise in Thane?
In the past year, property values in Thane have increased by 8.25 per cent. |
| Is it worth buying property in Thane?
Thane is also well recognised for having the largest municipality in Maharashtra and for its thriving real estate market. Thane has some excellent residential projects because it is the finest in real estate. |
| Which is the poshest area in Thane?
Kalyan, Dombivli, Kolshet, and Majiwada are the poshest areas in Thane. |
| Is Thane better than Mumbai?
You can feel safe in your home in Thane because it is a lot safer city. Mumbai is home to some of the top schools in the nation, however, they are also highly pricey. There are several excellent schools and colleges in Thane, and the cost and quality of education are both very good. |
| How much does a flat cost in Thane?
The flat cost in Thane goes around Rs.40-80L depending on the locality. |
