Property Rates in Bhakti Park, Mumbai

Property prices in Bhakti Park have shown some fluctuation over the past year. From June 2025 to March 2026, the average asking price saw a decrease from ₹37,500 per sq ft to ₹35,778 per sq ft, a depreciation of approximately 4.6%. However, there was a slight recovery from December 2025 to March 2026, with prices increasing by 1.25%.

As of March 2026, the average asking price in Bhakti Park is ₹35,778 per sq ft, while the Government Registration Rate is ₹23,218 per sq ft. This indicates a significant difference, with asking prices being substantially higher than the registered values.

Property rates vary across neighborhoods near Bhakti Park. As of March 2026, Matunga East shows the highest average rate at ₹49,117 per sq ft, appreciating by 2.93% from the previous period. Wadala follows with ₹37,225 per sq ft, showing a 5.13% appreciation. In contrast, Sion East has an average rate of ₹29,827 per sq ft, with a 4.02% increase, and Sion shows a slight depreciation of 2.32% to ₹28,123 per sq ft.

As of March 2026, the average price for apartments in Bhakti Park is ₹35,778 per sq ft. This segment has seen a slight appreciation of 1.25% compared to the previous period, reflecting consistent demand for apartment living in the area.

In Bhakti Park, as of March 2026, Ready To Move properties are priced at an average of ₹30,769 per sq ft, which has depreciated by 9.2% from the previous period. Under Construction properties, however, are priced higher at ₹39,724 per sq ft, showing an appreciation of 3.71%, suggesting a premium for newer developments or those yet to be completed.

Cosmic Heights and Bolivian Alps in Bhakti Park have recorded the highest transaction activity, with 4 transactions each. Cosmic Heights has a current rate of ₹28,550 per sq ft, appreciating by 15.96%, while Bolivian Alps is priced at ₹20,649 per sq ft, with a 0.57% appreciation.

The projects with the highest listing rates in Bhakti Park as of March 2026 include Ajmera Aeon at ₹42,616 per sq ft, followed by Ajmera Manhattan at ₹40,383 per sq ft. Ajmera I Land Treon and Ajmera Bhakti Park Sector III and IV are listed at ₹39,868 per sq ft. These rates reflect premium positioning within the locality.

Bolivian Alps leads in total transaction value in Bhakti Park, with its current rate at ₹20,649 per sq ft and a total sale value of ₹8.04 Cr. Cosmic Heights follows with a rate of ₹28,550 per sq ft and a total sale value of ₹5.83 Cr. Mount Everest has a rate of ₹27,804 per sq ft and a total sale value of ₹4.45 Cr.

Ajmera is the developer with the highest number of transactions in Bhakti Park, recording 10 transactions. This indicates a significant presence and market activity for this developer within the locality.

As of March 2026, the average rental rate in Bhakti Park is ₹120 per sq ft, with apartments averaging ₹120 per sq ft and showing a 0.84% appreciation. The rental yield stands at 4.02%, suggesting that rental income provides a moderate return on investment relative to property values in the area.

In Bhakti Park, rental rates vary by BHK configuration as of March 2026. A 1 BHK apartment typically rents for ₹50,437 per month, while a 2 BHK commands an average of ₹1.07 Lakh per month. For larger families or those seeking more space, a 3 BHK averages ₹1.12 Lakh per month, indicating a clear premium for larger units.

Rental rates vary significantly across micromarkets near Bhakti Park. Wadala Truck Terminal shows the highest average rental rate at ₹183 per sq ft, with a 2.81% appreciation. Bharatiya Kamala Nagar is at ₹155 per sq ft with stable rates. Antop Hill has an average rental rate of ₹117 per sq ft, though it has seen a depreciation of 9.3%.

Among projects in Bhakti Park, Ajmera Aeon offers the highest rental rate at ₹138 per sq ft, with a 1.47% appreciation. Ajmera I Land Zeon follows at ₹136 per sq ft, showing a 3.03% increase. Other projects like Ajmera Zeon, Ajmera I Land Aeon, and Topaz Apartments Bhakti Park are also among the top, with rental rates of ₹134 per sq ft.