Property prices for rent in Thane (Maharashtra)

The rent prices in real estate in Thane, in the Maharashtra region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.

₹ 14,798
Average price last 6 months
₹ 18.76
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Thane has had a strong fall during the last 6 months. In December, the average price per sq.foot was ₹ 22.7. In January this price barely changed remaining at ₹ 21.81 per sq.foot. The price for the following two months in (February, March) fell 87 % with regard to the previous two months. The price per sq.foot has had a considerable fall of 71 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.foot of ₹ 20.76 to ₹ 14.77 during April, and May.

Average price

When referring to the price in Thane (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is ₹ 18,287. In January This price remains at ₹ 18,101. During the following two months (February, March) the average price had a considerable fall of 74 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from ₹ 15,821.75 to ₹ 12,750.5, which means a 81 % fall.

Average price per BHK

The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 15,447 they are 18 % more affordable than the average price for Thane . The properties with the highest average price have 4 BHK, Their price is 286 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 26,198.

With regard to the average price per sq.foot, those properties with 2 BHK are the most expensive ones at a cost of ₹ 20.18 / sq.foot, with an average ₹ 18.35 / sq.foot price in Thane. The properties with the most expensive average prices have 4 BHK. They are 49 % more expensive than the average followed by properties with 1 BHK with a price at ₹ 22.86 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Flat" as the most expensive one. At an cost of ₹ 15,447 it is 0 % more expensive than the average price in Thane. "Villa" is seen as the second most expensive property type. The most expensive property type is "Office" followed by "House". At a price of ₹ 61,556 it is 88019 % more expensive than the average price.

According to the average cost per sq.foot, the most affordable property is "Villa" at an average price of ₹ 17.2 / sq.foot followed by "Flat" priced at ₹ 18.05 / sq.foot. "Office" is the most expensive type of property with a ₹ 6,515 / sq.foot value followed by "House" with an average price of ₹ 107.06 / sq.foot.

Charts data
Average price May
Average price per sq.foot May
Number of properties used in Thane
Number of properties used in region Maharashtra
₹ 15,447
₹ 18.35
47,296
12,30,946
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value