Property Rates in Bhandup West, Mumbai

As of March 2026, the average asking price in Bhandup West is ₹22,359 per sq ft, while the Government Registration Rate is ₹18,302 per sq ft. This indicates that the market is currently seeing asking prices that are approximately 22.17% higher than the government's registered value. This difference can be attributed to market dynamics, negotiation room, and the valuation methods used by sellers and authorities.

Property rates in Bhandup West, Mumbai have shown some fluctuations over the past year. From June 2025 to March 2026, the location rate saw a slight decrease from ₹23,037 per sq ft to ₹22,359 per sq ft, a change of -3.03%. However, the micromarket rate within Bhandup West experienced significant growth, increasing from ₹19,380 per sq ft in June 2025 to ₹32,994 per sq ft in March 2026, a substantial rise of 70.25%.

Property prices in Bhandup West, Mumbai show considerable variation across its micro-markets as of March 2026. Bhandup East stands out with an average rate of ₹29,218 per sq ft, appreciating by 14.23%. Nahur also shows strong performance with an average rate of ₹28,600 per sq ft, up by 13.72%. In contrast, areas like Utkarsh Nagar and Tembhipada have more stable rates, with Utkarsh Nagar at ₹22,362 per sq ft and Tembhipada at ₹21,827 per sq ft, both showing no change in their average rates.

As of March 2026, the average price for an apartment in Bhandup West, Mumbai is ₹22,359 per sq ft, which has appreciated by 2.46%. Office spaces are priced higher at an average of ₹29,906 per sq ft, showing a 2.82% increase. Villas, however, have seen a significant depreciation of 53.59%, with an average price of ₹9,535 per sq ft.

In Bhandup West, Mumbai, as of March 2026, properties 'Ready To Move' are priced at an average of ₹20,488 per sq ft, experiencing a slight depreciation of 1.52%. 'Under Construction' properties are priced at ₹20,978 per sq ft, showing a modest appreciation of 1.77%. 'New Launch' properties are averaging ₹20,167 per sq ft with a 3.92% appreciation. Properties in 'Advanced Stage' have seen the steepest depreciation of 14.35%, averaging ₹20,352 per sq ft.

As of March 2026, Anant Siddhi in Bhatti Pada, Bhandup West, recorded the highest number of transactions with 6 units, despite a slight price depreciation of 3.32% to ₹28,776 per sq ft. Runwal Greens and Mahindra Lifespaces Splendour, both located in Bhandup West, followed with 5 transactions each. Runwal Greens saw a depreciation of 3.95% to ₹29,111 per sq ft, while Mahindra Lifespaces Splendour depreciated by 6.18% to ₹26,499 per sq ft.

As of March 2026, Mahindra Lifespaces Splendour in GKW Colony, Bhandup West, leads in total transaction value, reaching ₹14.32 Cr with a current rate of ₹26,499 per sq ft, though it experienced a 6.18% depreciation. Runwal Greens in Industrial Area follows with a total transaction value of ₹10.18 Cr at ₹29,111 per sq ft, down 3.95%. Anant Siddhi in Bhatti Pada ranks third with a value of ₹8.49 Cr at ₹28,776 per sq ft, showing a 3.32% depreciation.

As of March 2026, Kings Tower in Bhandup West has the highest listing rate at ₹32,181 per sq ft, with a reported depreciation of 4.61%. Ashford Regal follows closely with a listing rate of ₹29,925 per sq ft, showing a significant appreciation of 22.55%. Runwal Chestnut is also among the top, listed at ₹29,539 per sq ft with a 6.91% appreciation.

Runwal has emerged as the developer with the highest number of transactions in Bhandup West, recording 30 transactions. Srishti Groups follows with 13 transactions, and Mahindra Lifespaces with 10 transactions. Other active developers include Shivshankar Shivram Singh And Others, Shri Anantnathji Maharaj Jain Temple And Its Sadharan Funds, and Shraddha Landmark, each with 6 transactions.

As of March 2026, the average rental rate in Bhandup West, Mumbai is ₹78 per sq ft, with apartments seeing a notable appreciation of 14.71%. The area offers a rental yield of 4.19%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.

In Bhandup West, Mumbai, rental rates vary significantly by BHK configuration as of March 2026. Studio apartments command an average rent of ₹17,667 per month. For 1 BHK units, the average rent is ₹26,491 per month, while 2 BHK apartments average ₹42,379 per month. The highest demand is typically seen for 3 BHK units, with an average rental rate of ₹69,125 per month.

Rental rates in Bhandup West, Mumbai show distinct patterns across its localities as of March 2026. Sadan Wadi offers the highest average rental rate at ₹96 per sq ft, with a significant appreciation of 35.21%. Kukreja and Sarvodaya Nagar also command premium rents at ₹79 per sq ft, with Kukreja appreciating by 5.33%. Conversely, Bhatti Pada and GKW Colony have lower average rental rates at ₹64 per sq ft and ₹60 per sq ft, respectively.

As of March 2026, Bhandup Industrial Estate in Bhandup West leads in rental rates at ₹96 per sq ft, with no reported change. Neptune Living Point Phase II - Flying Kite and Sharda Edifice Celestial are also prominent, both with current rental rates of ₹90 per sq ft and ₹88 per sq ft respectively, and no reported change. Mayuresh Srishti, also in Bhandup West, has a rental rate of ₹84 per sq ft, though it has seen a slight depreciation of 1.18%.