Overview

• Average rates rose from ₹13,550 per sq ft in Q2 2022 to ₹19,800 by June 2025, underscoring sustained price momentum
• 1BHK and 2BHK apartments make up 87% of new launches, with 44% of projects priced between ₹80 lakh and ₹1.6 crore
• Major ₹59,000 crore connectivity investments—including new metro corridors, the Thane-Borivali tunnel and elevated expressways—are enhancing accessibility
• Grade-A developers now account for roughly 47% of new supply, bolstering buyer confidence and project quality
• Land scarcity has driven vertical growth, with 89 residential towers over 40 floors reshaping Thane’s skyline