Property Rates in Bhandup, Mumbai 2026

Property prices in Bhandup have shown a mixed trajectory leading up to June 2026. While the location rate stood at ₹22,800 per sq ft in June 2026, it was recorded at ₹23,450 per sq ft in March 2026 and ₹23,400 per sq ft in December 2025. This fluctuation indicates that the market is navigating through varying demand phases, making it essential for investors to monitor these quarterly movements closely when planning their entry.

Property rates vary significantly across the Bhandup region, with Nahur commanding the highest average asking price at ₹31,450 per sq ft, which has appreciated by 9.93% over the observed period. In contrast, areas like Tulshet Pada and Utkarsh Nagar offer more accessible entry points at ₹21,300 per sq ft and ₹21,650 per sq ft respectively, both showing stable pricing with 0% change. Bhandup West maintains an average of ₹25,150 per sq ft, having seen a notable appreciation of 12.51%.

As of June 2026, office spaces in Bhandup command a premium average price of ₹44,350 per sq ft, which has seen a significant appreciation of 47.85% compared to the previous period. Meanwhile, apartments are priced at an average of ₹22,800 per sq ft, which has experienced a depreciation of 2.89% over the same timeframe. This divergence highlights a strong demand for commercial assets relative to the residential apartment segment.

The average rental yield in Bhandup is 3.68% as of June 2026, with an average rental rate of ₹70 per sq ft. This yield, which has seen an appreciation of 1.45% in the rental market, serves as a key indicator for investors to assess the income-generating potential of their capital outlay. A yield of 3.68% suggests that while rental income provides a steady return, investors should weigh this against the current sale price of ₹22,800 per sq ft to determine the long-term viability of their investment.

Rental rates in Bhandup vary by configuration, with Studio apartments averaging ₹14,650 per month, 1 BHK units at ₹29,700 per month, 2 BHK units at ₹43,000 per month, and 3 BHK units reaching ₹75,350 per month as of June 2026. This tiered pricing structure allows tenants to select housing based on their budget and space requirements, while also providing landlords with clear benchmarks for setting competitive rents based on unit size.

As of June 2026, Lodha Imperia and Usha Nagar Society are among the top projects by rent in Bhandup. Lodha Imperia commands a rental rate of ₹73 per sq ft, while Usha Nagar Society is at ₹60 per sq ft, both showing stable rental trends with 0% change in the current period. These projects are positioned as premium choices for renters, often due to their specific amenities and location advantages within the Bhandup micromarket.

Rental rates in Bhandup are highest for shops at ₹250 per sq ft, which have appreciated by 2.8% as of June 2026. Office spaces follow at ₹150 per sq ft, showing a strong appreciation of 21.9%, while residential apartments are available at an average of ₹50 per sq ft, having appreciated by 1.45%. This data indicates that commercial rental properties are currently experiencing faster growth in rental value compared to the residential sector.

Lodha Imperia currently leads with the highest listing rate in Bhandup at ₹25,950 per sq ft, having appreciated by 7.21% as of June 2026. Other prominent projects include Samarth Srishti at ₹22,250 per sq ft (up 12.31%) and Bewitching Apartment at ₹20,050 per sq ft (up 2.46%). These rates reflect the premium that specific projects command in the market, often driven by their development quality and project-specific value propositions.

Ready To Move projects in Bhandup are currently priced at an average of ₹21,050 per sq ft as of June 2026. This segment has shown an appreciation of 4.59% compared to the previous period, signaling steady demand for immediate occupancy homes. For buyers, this status offers the benefit of avoiding construction delays and immediate utility, though it is important to compare this against the broader locality average of ₹22,800 per sq ft to ensure the pricing aligns with their budget.