As of March 2026, the average asking price in Bhandup is ₹23,453 per sq ft. This represents a slight appreciation of 0.15% from the previous quarter, indicating a stable demand in the locality. The property market in Bhandup currently shows a healthy number of listings, with 5 properties available.
Property Rates in Bhandup, Mumbai
Comprehensive Market Snapshot
Bhandup, Mumbai, presents an average asking price of ₹23,453 per sq ft, with no reported registration rates. The property market shows a slight upward trend in asking prices over recent quarters, with a notable increase from ₹17,064 per sq ft in Jun 2025 to ₹23,453 per sq ft by Mar 2026. Residential apartments are the primary property type, averaging ₹23,453 per sq ft. The rental market indicates an average rental rate of ₹69 per sq ft with a rental yield of 3.53%. Studio apartments are available for rent around ₹19,000 per month, while 1 BHK, 2 BHK, and 3 BHK units command average rents of ₹26,651, ₹42,082, and ₹72,800 per month, respectively. Notable sub-locations like Bhandup West average ₹78 per sq ft for rentals, showing a 14.71% year-on-year change.
- Asking Sale Price₹ 23,453 /sq.ft
- Average Rental₹ 69 /sq.ft
- Rental Yield3.53 %
Insights for Bhandup, Mumbai Real Estate Market
Bhandup's real estate market is currently priced at an average of ₹23,453 per sq ft, with a discernible upward trajectory observed in quarterly price trends, moving from ₹17,064 per sq ft in June 2025 to ₹23,453 per sq ft by March 2026. This growth is mirrored in several micro-markets, such as Bhandup East, which has seen its average rate increase by 14.23%, and Nahur East, experiencing a significant 20.41% rise. The rental market is active, with an average rental rate of ₹69 per sq ft and a rental yield of 3.53%. Apartments are the dominant property type for rent, averaging ₹69 per sq ft and showing a 4.55% year-on-year increase. Rental rates vary by BHK configuration, with studios averaging ₹19,000 per month and 3 BHKs reaching up to ₹72,800 per month. Within specific localities, Bhatti Pada shows an average rental rate of ₹64 per sq ft, while Sadan Wadi commands ₹96 per sq ft, reflecting a substantial 35.21% year-on-year growth. The 'Ready To Move' property segment averages ₹21,107 per sq ft, experiencing a slight decrease of 3.01%. Top projects like Lodha Imperia are priced at ₹24,214 per sq ft.
Property Price Trends in Bhandup, Mumbai
The property market in Bhandup has shown a positive price trend over the past few quarters. Starting from ₹17,064 per sq ft in June 2025, the average asking price has climbed to ₹23,453 per sq ft by March 2026. This upward movement suggests increasing property values and buyer interest in the area.
In Bhandup, apartments are the primary residential property type, with an average asking price of ₹23,453 per sq ft, showing a marginal increase of 0.15%. This segment caters to a broad spectrum of buyers seeking a home in this Mumbai locality.
The Bhandup property market offers options across different stages of readiness. Properties tagged as 'Ready To Move' average ₹21,107 per sq ft, indicating a slight decrease of 3.01% in pricing for immediately available units. Properties in the 'Well Occupied' status are priced at ₹18,380 per sq ft, showing a minor dip of 2.47%.
Bhandup's real estate landscape is diverse, with varying property rates across its sub-localities. Bhandup West averages ₹22,359 per sq ft, while Bhandup East commands a higher rate of ₹29,218 per sq ft, indicating a premium for this eastern pocket. Nahur West is priced at ₹21,794 per sq ft, whereas Nahur East sees a significant average rate of ₹29,419 per sq ft. Other areas like Tembhipada and Utkarsh Nagar hover around ₹21,827 per sq ft and ₹22,362 per sq ft, respectively, offering a range of investment opportunities.
Project and Developer Insights
Premium residential projects in Bhandup are attracting significant attention and commanding higher prices. Lodha Imperia, located in Mumbai Central Suburbs, is priced at ₹24,214 per sq ft, reflecting a 0.02% increase. Samarth Srishti, also in the central suburbs, is priced at ₹22,833 per sq ft, though it has seen a notable decrease of 9.91%. Bewitching Apartment and Decent Chs are priced at ₹18,740 per sq ft and ₹18,641 per sq ft respectively.
Among the top rental projects in Bhandup, Lodha Imperia has a current rental rate of ₹73 per sq ft with no year-on-year change. Usha Nagar Society is also listed, with a rental rate of ₹60 per sq ft and no reported change.
Property Rental Trends in Bhandup, Mumbai
In Bhandup, rental demand spans various configurations, with studio apartments averaging ₹19,000 per month. 1 BHK units are available for around ₹26,651 per month, while 2 BHK apartments command an average of ₹42,082 per month. The demand for larger spaces is evident, with 3 BHK units reaching an average rental price of ₹72,800 per month.
Rental rates vary across Bhandup's sub-locations, with Bhandup West averaging ₹78 per sq ft and showing a notable 14.71% year-on-year increase. Bhatti Pada offers rentals at ₹64 per sq ft, while Sadan Wadi presents a higher average of ₹96 per sq ft, marking a significant 35.21% growth. Kukreja and Usha Nagar also show positive rental trends, with average rates of ₹79 per sq ft and ₹84 per sq ft respectively.
Apartments are the most common rental property type in Bhandup, averaging ₹69 per sq ft and showing a 4.55% year-on-year increase. Shops represent a different segment, with average rental rates at ₹257 per sq ft, indicating a 2.8% rise.
FAQs about Property Rates in Bhandup, Mumbai
Property prices in Bhandup have shown a significant upward trend over the past year. From June 2025 to March 2026, the average location rate increased from ₹17,064 to ₹23,453 per sq ft, marking a substantial growth. The micromarket rate within Bhandup also saw an increase, rising from ₹19,380 in June 2025 to ₹32,994 in March 2026, suggesting strong appreciation across the broader area.
As of March 2026, the average asking price in Bhandup stands at ₹23,453 per sq ft, while the micromarket rate within Bhandup is ₹32,994 per sq ft. This indicates that specific micro-neighbourhoods within Bhandup command higher prices than the overall locality average. For instance, Nahur East shows an average rate of ₹29,419 per sq ft with a significant appreciation of 20.41%.
As of March 2026, the average asking price for apartments in Bhandup is ₹23,453 per sq ft. This segment has seen a marginal appreciation of 0.15% over the last quarter, reflecting consistent demand for apartment living in the area.
In Bhandup, Ready To Move properties have an average price of ₹21,107 per sq ft as of March 2026, showing a depreciation of 3.01% from the previous period. Well-occupied properties are priced at ₹18,380 per sq ft, with a depreciation of 2.47%. This suggests that properties ready for immediate possession are currently priced lower than the overall locality average, potentially offering an opportunity for buyers seeking quicker occupancy.
As of March 2026, among the listed projects in Bhandup, Lodha Imperia has the highest current rate at ₹24,214 per sq ft, with a slight appreciation of 0.02%. Other projects like Samarth Srishti are priced at ₹22,833 per sq ft, experiencing a depreciation of 9.91%, and Bewitching Apartment at ₹18,740 per sq ft, which has depreciated by 0.07%.
The average rental rate in Bhandup is ₹69 per sq ft as of March 2026, with apartments showing an appreciation of 4.55%. The area offers a rental yield of 3.53%, which suggests that property owners can expect a moderate return on their investment through rental income relative to the capital value of their property.
In Bhandup, rental rates vary significantly by BHK configuration. As of March 2026, Studio apartments average ₹19,000 per month, 1 BHK apartments are around ₹26,651 per month, 2 BHK apartments command an average of ₹42,082 per month, and 3 BHK apartments are priced at ₹72,800 per month. This progression indicates a clear demand for larger units, with rental prices increasing substantially with more bedrooms.
As of March 2026, rental rates across Bhandup's micromarkets show considerable variation. Sadan Wadi has the highest average rental rate at ₹96 per sq ft, with a significant appreciation of 35.21%. In contrast, Bhatti Pada has the lowest average rental rate at ₹64 per sq ft, with stable rates. Bhandup West shows a notable appreciation of 14.71%, reaching ₹78 per sq ft.
As of March 2026, apartments in Bhandup have an average rental rate of ₹69 per sq ft, appreciating by 4.55%. Shops in Bhandup are significantly higher, averaging ₹257 per sq ft, with a 2.8% appreciation. This indicates a strong demand for commercial spaces in the area, commanding premium rental values compared to residential apartments.
As of March 2026, Lodha Imperia is a leading project for rental income in Bhandup, with a current rental rate of ₹73 per sq ft and stable rates. Usha Nagar Society is another notable project, offering a rental rate of ₹60 per sq ft with no change in percentage. These projects likely attract tenants due to their location, amenities, or overall property quality.
Property rates vary significantly across Bhandup's neighborhoods as of March 2026. Nahur commands the highest average rate at ₹28,600 per sq ft, showing a substantial appreciation of 13.72%. Bhandup East also shows strong growth with an average rate of ₹29,218 per sq ft and a 14.23% appreciation. In contrast, Bhandup West averages ₹22,359 per sq ft with a 1.85% appreciation, and Nahur West is priced at ₹21,794 per sq ft with no change in rates.
As of March 2026, the average asking price in Bhandup is ₹23,453 per sq ft. The provided data indicates a Government Registration Rate of ₹0 per sq ft for Bhandup. This significant difference suggests that the listed asking prices are considerably higher than the official government valuation, which is common in many real estate markets.
The property price trends in Bhandup from June 2025 to March 2026 show a consistent upward trajectory for both the location rate and micromarket rates. The substantial increase, particularly from Sep 2025 onwards, suggests a strengthening market with rising demand. For buyers, this indicates that property values are appreciating, potentially leading to higher future resale values. For investors, the trend points towards potential capital gains, although it's crucial to consider the rate of appreciation and current market entry points.