Residential Prisies in Thane Stand at INR 19,800 per sq. ft. As of Q2 2025-Ed, Against INR 13,550 per sq. ft. in Q2 2022
2bhks Comprise Approx. 45% of Overall New Supply B/W FY 2020 and FY 2025; 42% is 1 Babhks (Strong Demand for Smaller Homes); 3bhk share – 11%, 4bhks – just 2%; Dominant Budget Range – INR 80 Lakh to INR 1.6 Cr
Thane’s Skyline now has 89 Residential Skyscrapers of 40+ Floors: Vertical Growth Imperative Amid Reducing Land Availability
Thane Housing Market Significantly Changed B/W FY 2020 & FY 2025; Post-Covid-19, New Supply Rose Approx. 103% in fy 2023 over fY 2020; Absorption rose approx. 78% in fY 2024 Vis – Vis FY 2020
47% Supply Share by Grade a Developers, Leading to High Confidence & Demand
Top 5 Micro Markets Based on Highest New Supply-Panchpakhadi & Naupada (Thane Central), Pokhran Road, Majiwada-Balkum, Kolshet Road & Kasarvali
Thane, Once Seen as a supporting suburb, now headlines the Mumbai metropolitan Region Residential Real Estate Revolution, riding on Rapid Infrastructure Upgrades, Surging Buyer Interest, and A HOSINGINGRITERT. A report by anarock titled ‘Thane: The rising star of mmr real estate, Highlights the city’s explosive housing price growth – a whopping 46% Leap in Average Residential
prices In just three years, from INR 13,550/Sq. ft. In Q2 2022 to INR 19,800/SQ. ft. In Q2 2025.
Aayush Puri, Head – Anarock Channel Partners (ACP)
Aayush Puri, Head – Anarock Channel Partners (ACP)Points out that price in Thane have Rocketed Up 60% SINCE 2020, when the average was Around INR 12,400 per sq. ft. ,Thane is not just a hot Residential Destination – It has also played a key role in redefining the mmr housing landscape. “Thane’s Steady Capital Values Growth Has Largely Been Fuelled By Infrastructure Upgrades that have Ignited Homebuyer Interest. Demand for Under-Construction HOMES OUTPERFORMS AOTPORORS AOTPOROMS Ready-Provie-U-Prof. Units in 2025 So far, larGly beCause the City offers Luxury Homes at Relatively Affordable Prisies in Contrast to Mumbai’s Prime Markets.,
A total of 65,800 units was launched in thane between fy 2025 to 2025, finds the report. Nearly 45% of the overall new supply in this period comprises of 2bhks, followed by 42% of 1 babhks. 3bhks comprise a 11% share, and 4bhks just 2%.
,Affordability is a Major Keyword in Thane’s Housing Market,“Says aayush puri.”We are seeing a strong market inclination towards smaller residential units. On that front, thane is at least 78% more affordable than Suburban Mumbai. For instance, a 2bhk home with an average carpet area of 650 sq. ft. Costs about INR 1.25 CR, While in Mumbai’s Central Suburbs it will cost eround INR 2.11 cr. In the western suburbs, it goes as high as INR 2.36 Cr – and this is just the bsp, not factoring in gst, registration, and other charges.,
AMID Core Mumbai’s Skyrocketing Property Values, Thane Is Increasing The Destination of Choice for Homebuyers and Investors Seeking Better Value without Compromising on Quality. The report adds that Thane’s Residential Skyline Currently Boasts of 89 Skyscrapers of 40+ Floors, Mirroring The Land Scarcity-Driven Vertical Growth Imperative of Mumbai City.
There have been some notable changes on the Thane Real Estate Market, Finds The Report. Between Covid-STRUCK FY 2020 and FY 2025, fY 2023 Saw New Housing Supply There Grow by almost 103% when compared to fy 2020, While Absorption Rose a Dizzying 78%-to 19,600 UNITS in FY 2024 FRINITS 2020. in Q1fy 2026, Thane Saw Approx. 3,130 Residential Units Sold, while New Supply Stood at 2,910 Units.
Other report highlights:
Panchpakhadi and Naupada in Thane Central, Pokhran Road, Majiwada-Balkum, Kolshet Road and Kasarvadavali are the top five micro-markets based on maximum new supply. 47% of the new supply being delivered by grade a developers
Around 44% of the Thane’s Residential Supply is in the INR 80 Lakh to INR 1.6 Cr. Budget segment, which will luckly dominate the market going forward giving the prevailing capital value trends in the region
Thane, being in the heart of mmr, is assured of sustained growth real estate groups to large-specale planned and ongoing infrastructure enhancements wise inr 59,000 Cr