Squareyards Logo
Mumbai
Blogs DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Bhandup West, Mumbai

Comprehensive Market Snapshot

Bhandup West's property market presents an average asking price of ₹22,359 per sq ft and a registration rate of ₹18,302 per sq ft. The area offers a diverse range of property types, with apartments averaging ₹22,359 per sq ft and office spaces at ₹29,906 per sq ft. Rental insights indicate an average rental rate of ₹78 per sq ft with a rental yield of 4.19%. Monthly rents for apartments range from ₹17,667 for studios to ₹69,125 for 3 BHK units.

  • Apartments in Bhandup West are priced at an average of ₹22,359 per sq ft, showing a 2.46% increase.
  • Office spaces command a higher average price of ₹29,906 per sq ft, with a 2.82% rise.
  • The average rental yield in Bhandup West stands at 4.19%.
  • Studio apartments rent for an average of ₹17,667 per month.
  • 3 BHK apartments have an average monthly rent of ₹69,125.

  • Asking Sale Price₹ 22,359 /sq.ft
  • Govt. Registration Prices₹ 18,302 /sq.ft
  • Average Rental₹ 78 /sq.ft
  • Rental Yield4.19 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Rental Trends
  • Other Property Rates

Insights for Bhandup West, Mumbai Real Estate Market

Bhandup West's real estate market is showing dynamic price trends, with an average asking price of ₹22,359 per sq ft. The quarterly price trend indicates some fluctuations, with rates around ₹23,037 per sq ft in June 2025, potentially settling around ₹22,359 by March 2026. Registration data highlights a significant market volume with 1,583 transactions totaling ₹1,687 Cr, averaging ₹18,300 per sq ft. In the rental segment, Bhandup West offers a healthy rental yield of 4.19%, with average rents at ₹78 per sq ft. Apartments, the dominant property type, are seeing a 14.71% year-on-year increase in rental rates, averaging ₹78 per sq ft, while office spaces show a 6.25% decrease to ₹105 per sq ft. Top developers like Runwal, with 30 transactions, and Srishti Groups, with 13 transactions, are actively shaping the market landscape.

  • The average asking price in Bhandup West is ₹22,359 per sq ft, with apartments aligning closely at this rate.
  • A total of 1,583 property registrations were recorded, amounting to ₹1,687 Cr, with an average registered rate of ₹18,300 per sq ft.
  • Runwal leads developer activity with 30 transactions, followed by Srishti Groups with 13.
  • Apartment rentals have seen a substantial 14.71% year-on-year increase, reaching ₹78 per sq ft.
  • Office spaces, however, have experienced a 6.25% dip in rental rates, currently averaging ₹105 per sq ft.

Market Strengths Market Strengths
  • Bhandup West's property market shows a healthy average rental yield of 4.19%.
  • Apartment rentals have surged by 14.71% year-on-year, highlighting strong demand in the residential rental segment.
  • The average asking price of ₹22,359 per sq ft for apartments aligns with the overall market average, indicating stability.
  • Office spaces, despite a rental dip, are priced at ₹105 per sq ft, offering a higher-yield rental market segment.
  • The presence of established developers like Runwal (30 transactions) and Srishti Groups (13 transactions) signifies market confidence and development activity.
  • Robust government registration data, with 1,583 transactions totaling ₹1,687 Cr, points to a vibrant and active property market.
Market Challenges Market Challenges
  • Villas experienced a significant price drop of 53.59%, indicating a potential challenge or market adjustment in this segment.
  • Office space rentals have seen a 6.25% decrease, suggesting potential oversupply or reduced demand in the commercial sector.
  • Some projects like 'Project On Hold' are priced lower at ₹18,664 per sq ft, which could indicate development risks or stagnation.
Investment Opportunities Investment Opportunities
  • Bhandup West offers a rental yield of 4.19%, indicating potential for rental income.
  • Apartments show a 14.71% year-on-year increase in rental rates, suggesting growing rental demand.
  • The average rental rate for apartments is ₹78 per sq ft, with 3 BHKs averaging ₹69,125 per month, appealing to families seeking rental accommodation.
  • Office spaces, though seeing a rental rate decrease, are priced at ₹105 per sq ft, presenting potential investment opportunities for commercial property investors.
  • New launch projects are priced at ₹20,167 per sq ft with a 3.92% increase, offering opportunities for capital appreciation.
Property Valuation

Comprehensive assessment of your property's current worth in the current market
Get Valuation Report

Property Price Trends in Bhandup West, Mumbai

Asking Price Trends

The property market in Bhandup West has experienced varied price movements over recent quarters. While June 2025 saw rates at ₹23,037 per sq ft, projections for March 2026 estimate an average of ₹22,359 per sq ft. This indicates a potential stabilization or slight decrease in asking prices from mid-2025 to early 2026.

Quarter City Rate
Mar 2026 22359
Dec 2025 21823
Sep 2025 21952
Jun 2025 23037
Square Yards' Data Intelligence powers real estate with the most comprehensive & accurate authenticated data. See how it can work for your business
Price Trends by Property Type

Bhandup West's real estate market caters to diverse buyer preferences across property categories. Apartments are priced at an average of ₹22,359 per sq ft with a 2.46% increase. Office spaces command a higher average price of ₹29,906 per sq ft, experiencing a 2.82% rise. Villas, though less common, are priced at ₹9,535 per sq ft, reflecting a significant decrease of 53.59%.

Type Rate (₹/sq.ft) Change %
Office Space 29,906 2.82
Villa 9,535 -53.59
Apartment 22,359 2.46
Price Trends by Project Status

The Bhandup West market offers properties across various development stages. Ready To Move inventory, comprising 205 units, averages ₹20,488 per sq ft with a 1.52% decrease. Under Construction projects present 47 opportunities at ₹20,978 per sq ft showing a 1.77% increase. New Launch projects, with 8 units, are priced at ₹20,167 per sq ft, reflecting a 3.92% rise.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 279 20,472 -1.28
Under Construction 47 20,978 1.77
New Launch 8 20,167 3.92
Price Trends by Localities

Within Bhandup West, sub-localities exhibit diverse pricing. Utkarsh Nagar averages ₹22,362 per sq ft, closely followed by Tembhipada at ₹21,827 per sq ft. In contrast, areas like Bhandup East command a higher ₹29,218 per sq ft, showcasing significant price variations across the micro-market. Nearby Nahur West is priced at ₹21,794 per sq ft.

Location Rate (₹/sq.ft) Change %
Bhandup 23,453 3.1
Utkarsh Nagar 22,362 -
Tembhipada 21,827 -
Bhandup East 29,218 14.2
Datar Colony 26,951 -
Kanjurmarg East 28,747 4.9
Nahur 28,600 13.7
Nahur West 21,794 -
Kanjurmarg West 26,998 -0.7
Kannamwar Nagar 21,762 8.3

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Bhandup West are commanding significant asking prices. Kings Tower is priced at ₹32,181 per sq ft, setting a high-value benchmark. Ashford Regal follows with ₹29,925 per sq ft, showing a notable 22.55% increase. Runwal Chestnut offers ₹29,539 per sq ft, while Lodha Corinthia is priced at ₹28,606 per sq ft.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Kings Tower 32,181 -4.6
Ashford Regal 29,925 22.6
Runwal Chestnut 29,539 6.9
Lodha Corinthia 28,606 8.5
Sunshine Samriddhi Garden 28,571 15.6
Raheja Nest 28,571 4
Samruddhi Garden 28,571 15.6
Mahavir Universe Maven Chs Ltd 28,369 -
Kalpataru Imperial 27,845 1.2
Dheeraj Dreams Building 1 27,586 -3
Project Name Current Price (₹/sq.ft) Sale Value Change %
Mahindra Lifespaces Splendour 26,499 ₹ 14.32 Cr -6.2
Runwal Greens 29,111 ₹ 10.17 Cr -3.9
Anant Siddhi 28,776 ₹ 8.48 Cr -3.3
Mayuresh Srishti 23,351 ₹ 4.84 Cr 13.4
Neptune Living Point 23,618 ₹ 4.72 Cr 4.5
Neptune Flying Kite 23,225 ₹ 3.58 Cr -1.4
Ashford Royale 27,392 ₹ 3.55 Cr 2.5
Shivshankar Shivram Palladium 22,560 ₹ 3.41 Cr 0.2
Chheda Heights 27,118 ₹ 3.30 Cr 11.7
Sunshine Samriddhi Garden 28,571 ₹ 3.2 Cr 1.7
Project Name Current Price (₹/sq.ft) Transactions Change %
Anant Siddhi 28,776 6 -3.3
Runwal Greens 29,111 5 -3.9
Mahindra Lifespaces Splendour 26,499 5 -6.2
Mayuresh Srishti 23,351 5 13.4
Shivshankar Shivram Palladium 22,560 4 0.2
Sachdev Complex 20,310 3 -5.8
Heritage Arunoday Tower 18,709 3 -11.9
Shiv Sagar Complex 18,209 3 3.2
Sunshine Samriddhi Garden 28,571 2 1.7
Ashford Royale 27,392 2 2.5
Top Projects by Rental Rates

Key rental projects in Bhandup West include Bhandup Industrial Estate at ₹96 per sq ft, and Neptune Living Point Phase II - Flying Kite at ₹90 per sq ft. Sharda Edifice Celestial is listed at ₹88 per sq ft, while Prasun Sai Radha and Neptune Horizon Point are priced at ₹85 per sq ft, reflecting a range of rental offerings.

Project Name Rate (₹/sq.ft) Change %
Bhandup Industrial Estate 96 -
Neptune Living Point Phase Ii - Flying Kite 90 -
Sharda Edifice Celestial 88 -
Prasun Sai Radha 85 -
Neptune Horizon Point 84 -
Mayuresh Srishti 84 -1.18
Eco Winds 83 -
Mayuresh Residency Mumbai 82 -4.65
Rustomjee Bella Phase 1 81 -25
Hdil Dheeraj Dreams 80 -4.76
Top Developers by Transaction Count

Premium residential developments in Bhandup West are commanding significant asking prices. Kings Tower is priced at ₹32,181 per sq ft, setting a high-value benchmark. Ashford Regal follows with ₹29,925 per sq ft, showing a notable 22.55% increase. Runwal Chestnut offers ₹29,539 per sq ft, while Lodha Corinthia is priced at ₹28,606 per sq ft.

  • By Transaction
Developer Transactions
Runwal 30
Srishti Groups 13
Mahindra Lifespaces 10
Shivshankar Shivram Singh And Others 6
Shri Anantnathji Maharaj Jain Temple And Its Sadharan Funds 6
Shraddha Landmark 6
Neptune 5
India Space Infracon Pvt Ltd 4
Marathon 3

Government Registration in Bhandup West, Mumbai

  • Sales Transactions1,583
  • Gross Sales Value₹ 1,687 Cr
  • Registered Rate₹ 18,300 /sq.ft

Official registration data reveals robust transaction activity in Bhandup West during May 2025 to April 2026. The market recorded 1,583 transactions valued at ₹1,687 Cr, with average registration rates at ₹18,300 per sq ft. Developer activity was led by Runwal with 30 transactions, while transaction values were dominated by projects like Mahindra Lifespaces Splendour. Mayuresh Srishti attracted significant buyer interest with 5 transactions, and Runwal Greens generated high gross transaction values, indicating strong market momentum.

Property Rental Trends in Bhandup West, Mumbai

Rental Trends by Unit Type

Rental rates in Bhandup West vary significantly by BHK configuration. Studio apartments are the most affordable, averaging ₹17,667 per month, while 1 BHK units command ₹26,491 per month. Larger 2 BHK apartments are available for ₹42,379 per month, and 3 BHK units represent the premium rental segment at ₹69,125 per month.

Unit Type Rate (₹)
Studio 17,667
1 Bhk 26,491
2 Bhk 42,379
3 Bhk 69,125
Rental Trends by Nearby Localities

Rental rates across Bhandup West's sub-localities show some variation. Valmik Nagar and Jaydev Singh Nagar average ₹70 per sq ft, with slight year-on-year decreases. Sarvodaya Nagar and Kokan Nagar are priced higher at ₹79 and ₹77 per sq ft respectively. Bhatti Pada offers more affordable rentals at ₹64 per sq ft.

Locality Rate (₹/sq.ft) Change %
Valmik Nagar 70 -4.11
Jaydev Singh Nagar 70 -1.41
Sarvodaya Nagar 79 -
Bhatti Pada 64 -
Kokan Nagar 77 -
Bhandup 69 4.55
Gkw Colony 60 -
Kukreja 79 5.33
Sadan Wadi 96 35.21
Jamil Nagar 70 -9.09
Rental Trends by Property Type

Bhandup West's rental market is diverse, with apartments being the most common category, averaging ₹78 per sq ft and showing a significant 14.71% increase. Shops command the highest rental rates at ₹258 per sq ft with a 3.2% rise, indicating strong commercial demand. Office spaces are priced at ₹105 per sq ft, experiencing a 6.25% decrease.

Property Type Rate (₹/sq.ft) Change %
Shop 258 3.2
Office Space 105 -6.25
Apartment 78 14.71
Country/City
Popular Searches
Property Type
New Projects in Mumbai
Popular Locality Categories in Mumbai
By BHK
Budget
Popular Searches
Property Type
By BHK
Budget
By Occupant Type
For Buyers / Owners
For Tenants
For Agents
For Builders & Banks