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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Mankoli is a rapidly developing residential locality situated in the eastern metropolitan region of Mumbai, bordering Bhiwandi, Kalher, and Kasheli. The pin code of Mankoli is 421302. This industrial-cum-residential hub houses logistics professionals and families near the prominent Mankoli Flyover. Families send children to EuroSchool Upper Thane and visit Lotus Hospital for medical emergencies. The upcoming Bhiwandi metro station on Metro Line 5 is located 2 km away. The Mumbai-Nashik Highway links the area to Thane railway station in 25 minutes. Average property rates in 2026 range from Rs. 5,500 to Rs. 7,500 per sq ft for multi-storey apartments, driven by affordable housing options and warehouse employment.
| Locality | Property Price per sq ft* |
|---|---|
| Mankoli mumbai | Rs. 5,500 to Rs. 7,500 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 10,000 to Rs. 12,000 |
| 2 BHK for rent | Rs. 13,000 to Rs. 15,000 |
| 3 BHK for rent | Rs. 16,000 to Rs. 18,000 |
Property buyers in Mankoli find affordable options compared to neighboring Thane. The residential market has seen a price correction, with buyer rates depreciating by 9.1% over the past year. Currently, apartment purchase prices range from Rs. 5,500 to Rs. 7,500 per sq ft. Meanwhile, the rental market has also experienced a downward trend, with rental values decreasing by 7.1% annually. Monthly rent for apartments in this locality ranges from Rs. 10,000 to Rs. 18,000. This price adjustment attracts budget-conscious tenants and long-term investors looking for entry-level housing options near major logistics hubs. (* As of August 22, 2026)
Mankoli Flyover is a prominent landmark in Mankoli. Some more include:
Mankoli is well-connected through Mumbai-Nashik Highway and the following roads:
Bhiwandi Metro Station on the Metro Line 5 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Bhiwandi Road Railway Station, which is located 6 km away, and others:
Mankoli is well-equipped with numerous top educational institutions, such as EuroSchool Upper Thane and Lodha World School, along with:
Some reputed healthcare places near Mankoli include LOTUS HOSPITAL, and others:
You can access MLCP-C and Pankaj Patil easily from Mankoli mumbai. Some more include:
These localities are located around Mankoli:
Here are some of the major employment centres near Mankoli:
The popular landmarks within Mankoli are:


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At Lodha, our passion is to create landmarks that meet global standards, epitomise the values of our family, and are built on a legacy of trust spanning four decades. We are guided by our vision of ‘Building a Better Life’ and believe that homes transform lives. A home is a springboard for the dreams and aspirations, for living a healthier and fulfilled life. Every one of our developments delivers the highest level of design and craftsmanship, uncompromising quality, unparalleled service – putting Lodha developments in the league of the world’s finest. Our homes are ensconced in developments where we bring alive multitude of experiences – all geared to help one live their best life. Be it the carefully crafted vast open spaces, the manicured greens, the world-class gyms, the sports arenas to even the places of worship among other things, are built to enrich lives. We have the experience and skills to deliver both quality and scale, at a pace which is unmatched in the country. By forging the finest global partnerships, and deploying the best people and processes, we are able to create the best value for our customers across geographies, markets, price points and consumer segments. We have been able to create landmark developments across residential, retail & office spaces, winning the trust and appreciation of our patrons time and again. Most importantly, as an organization which makes probably the longest-term impact: to our environment, urban fabric and the lives of those who live and work in our development, we are committed to act in the larger interest of the environment and society. We are ‘building a better life’ in more ways than we imagined.
