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Insights for Borivali East, Mumbai Real Estate Market Overview

The Borivali East real estate market has maintained a positive growth trajectory, characterized by a significant rise in property rates and robust registration activity. Residential apartments remain the primary asset class, supported by a diverse supply of ready-to-move and under-construction projects. Rental demand is equally strong, with yields reaching 3.21% and significant appreciation noted across various unit configurations. Developer activity continues to be dominated by established names, driving both transaction volumes and high-value project developments.

  • Residential apartment rates currently average ₹34,750 per sq ft, marking a 7.13% increase.
  • Rental rates for apartments have risen by 20.78%, with an average of ₹93 per sq ft.
  • Government registration data shows 1,079 transactions over the past year, totaling ₹1,435 Cr.
  • Oberoi Realty leads market transactions, while projects like Oberoi Sky City command premium pricing.
  • Commercial shop spaces have experienced significant growth, with rates surging by 16.17%.

Market Strengths
  • Strong capital appreciation for residential apartments at 7.13%.
  • High volume of ready-to-move projects with 373 available units.
  • Robust rental growth for apartments at 20.78%.
  • Significant transaction volume with 1,079 registrations in the last year.
  • High-value projects like Oberoi Sky City drive prestige and market interest.
  • Diverse BHK options ranging from studio units to 4 BHK apartments.
Market Challenges
  • Office space rates have experienced a decline of -9.39%, suggesting a cooling commercial sector.
  • New launch projects have seen a -0.56% dip in pricing, reflecting cautious market entry.
  • Rental rates for office spaces fell by -4.37%, indicating a shift in commercial leasing dynamics.
  • Shop rental rates recorded a -3.29% decrease, which may impact short-term rental yields for commercial investors.
Investment Opportunities
  • Rental yield of 3.21% offers a stable return on investment for apartment owners.
  • Shop spaces have seen strong appreciation with a 16.17% increase in rates.
  • Apartment prices grew by 7.13%, indicating sustained capital appreciation.
  • High demand for 2 BHK and 3 BHK units provides consistent rental income potential.
  • Under-construction projects at ₹26,950 per sq ft offer entry points below the current market average.
Price Trend

Borivali East, Mumbai Property Price Trends and Appreciation

Property values in Borivali East have shown consistent growth over recent quarters, climbing from ₹28,700 per sq ft in June 2025 to ₹34,750 per sq ft by March 2026. This upward momentum reflects strong buyer confidence and sustained demand within the area. The local market rates have closely tracked the broader micromarket trends, confirming a robust and healthy appreciation phase.
Asking Price Trends
₹ 34,750/Sq.Ft + 7.13 % QoQ
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 34750
Dec 2025 32450
Sep 2025 30650
Jun 2025 28700
About Asking Price Trends
Borivali East Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Saibaba Nagar 32,250 -
Mandapeshwar 23,900 -
Shimpoli 33,600 2
Eksar 34,950 3.4
Mahavir Nagar 36,450 2.4
Borivali West 31,300 3.3
Chikoowadi 33,600 -
Ic Colony 29,200 3.3
Kandivali East 30,950 1.6
Kanti Park 30,000 -
The Borivali East real estate landscape features varied pricing across its sub-localities. Shimpoli commands an average rate of ₹33,600 per sq ft, while Eksar is priced higher at ₹34,950 per sq ft. In contrast, Mandapeshwar remains more accessible at ₹23,900 per sq ft. These variations offer buyers a wide spectrum of options based on their budget and location preferences.
Type Rate (₹/Sq.Ft) Change %
Shop 40,850 16.2
Office Space 35,200 -9.4
Apartment 34,750 7.1
Borivali East offers a diverse range of property types to suit different investment needs. Apartment units, the most common residential choice, are priced at ₹34,750 per sq ft, reflecting a 7.13% increase. Meanwhile, shop spaces have seen a significant 16.17% jump, now averaging ₹40,850 per sq ft. Office spaces are also available at an average of ₹35,200 per sq ft, rounding out the competitive commercial offerings.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 514 25,737 1
Under Construction 55 26,950 1.5
New Launch 22 25,350 -0.6
Project & Developer Insights
Top Projects by Listing Rates, Transaction Count and Transaction Value
  • Listing Rate
  • By Value
  • By Transaction
  • By Rental
Premium residential developments in Borivali East set high benchmarks for the local market. Oberoi Sky City leads with an asking price of ₹47,750 per sq ft, while KCD Palkhi Aura is priced at ₹45,000 per sq ft. Other notable projects like Kanakia Space Samarpan Exotica and Sunteck Signia High continue to attract interest at ₹41,000 per sq ft and ₹37,900 per sq ft, respectively.
Project Name Current Price (₹/Sq.Ft) Sale Value Change %
Oberoi Sky City, Khande Rao Dongari 47,750 61,00,15,008 -2.2
Cci Rivali Park, Food Corporation Of India Warehouse 35,000 7,25,21,000 -8.3
Ekta Bhoomi Gardens, Food Corporation Of India Warehouse 28,450 5,03,00,000 -0.7
Bhoomi Breeze, Kulupwadi 29,800 4,30,00,000 -6.6
Kanakia Discovery, Datta Pada 30,200 4,11,00,000 11.8
Ekta Woods, Kulupwadi 24,600 4,03,01,000 -8.6
Rustomjee Summit, Datta Pada 32,650 3,18,53,000 2.4
Navkarmik Shiv Lilam, Datta Pada 30,850 2,96,00,000 -3.3
Bhoomi Green Chs, Kulupwadi 24,950 2,66,00,000 24.3
Cascade, Kulupwadi 24,300 2,51,50,000 -0.1
High-value transactions are anchored by premium projects that command substantial investment. Oberoi Sky City generated a transaction value of ₹61 Cr, standing out as the primary driver of market turnover. CCI Rivali Park also contributed significantly with a value of ₹7.25 Cr, while Ekta Bhoomi Gardens recorded ₹5.03 Cr, underscoring the demand for high-end residential assets.
Project Name Current Price (₹/Sq.Ft) Transactions Change %
Oberoi Sky City, Khande Rao Dongari 47,750 12 -2.2
Cci Rivali Park, Food Corporation Of India Warehouse 35,000 4 -8.3
Navjeevan Chs, Chinchpada 24,350 4 7.7
Navkarmik Shiv Lilam, Datta Pada 30,850 3 -3.3
Kanakia Discovery, Datta Pada 30,200 3 11.8
Ekta Bhoomi Gardens, Food Corporation Of India Warehouse 28,450 3 -0.7
Ekta Woods, Kulupwadi 24,600 3 -8.6
Cascade, Kulupwadi 24,300 3 -0.1
Kanakia Spaces Country Park, Food Corporation Of India Warehouse 30,000 2 -4.2
Bhoomi Breeze, Kulupwadi 29,800 2 -6.6
Buyer interest is concentrated in key projects that offer established amenities and reliable construction. Oberoi Sky City recorded 12 transactions, making it the most active project in the area. Other developments like CCI Rivali Park and Navjeevan CHS also saw significant buyer engagement, with 4 transactions each, reinforcing their status as preferred residential choices.
Top projects demonstrate strong rental demand, with Chandak Nishchay Wing F and Chandak Next commanding ₹115 and ₹109 per sq ft, respectively. Oberoi Sky City and KCD Palkhi Aura are also highly sought after, both averaging ₹108 per sq ft. These projects consistently outperform the market average, with some showing annual growth as high as 29.21%.
Top Developers by Transaction Count
  • By Transaction
The development landscape is defined by builders who consistently deliver high transaction volumes. Oberoi Realty leads the market with 12 successful registrations, followed by HDIL with 6 transactions. Other prominent developers, including Kanakia Spaces, CCI, and B G Shirke Group, have also secured a strong foothold in the Borivali East market.
Government Registrations

Government Registration in Borivali East, Mumbai

Between July 2025 and June 2026, Borivali East recorded 1,079 property registrations with a gross value of ₹1,435 Cr. The registered rate during this period averaged ₹20,450 per sq ft. Leading developers such as Oberoi Realty and HDIL were instrumental in driving these transaction volumes, highlighting the area's continued appeal to both end-users and investors.
Sales Transactions 1,079
Gross Sales Value ₹ 1,435 Cr
Registered Rate ₹ 20,450/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Borivali East, Mumbai

Rental rates vary significantly by configuration, with 1 BHK apartments averaging ₹31,800 per month and 2 BHK units at ₹46,250. Larger 3 BHK and 4 BHK apartments command higher rents of ₹98,550 and ₹1.46 Lakh per month, respectively. Studio apartments remain a popular entry-level option, averaging ₹19,100 per month. Rental rates across sub-localities show marked differences, with Khande Rao Dongari leading at ₹150 per sq ft, a 29.2% increase. Rajendra Nagar and Trimurty Nagar both average ₹100 per sq ft, with the latter seeing a 16.28% rise. Meanwhile, Datta Pada and Asara Colony offer more affordable rental options at ₹50 per sq ft. Apartments are the primary rental asset, with rates rising by 20.78% to reach ₹100 per sq ft. Commercial rentals show a different trend, with office spaces averaging ₹200 per sq ft, down by -4.37%. Shops command the highest rental rates at ₹250 per sq ft, despite a slight annual decline of -3.29%. Top projects demonstrate strong rental demand, with Chandak Nishchay Wing F and Chandak Next commanding ₹115 and ₹109 per sq ft, respectively. Oberoi Sky City and KCD Palkhi Aura are also highly sought after, both averaging ₹108 per sq ft. These projects consistently outperform the market average, with some showing annual growth as high as 29.21%.
Borivali East Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 19,100
1 Bhk 31,800
2 Bhk 46,250
3 Bhk 98,550
4 Bhk 1,46,450
Rental rates vary significantly by configuration, with 1 BHK apartments averaging ₹31,800 per month and 2 BHK units at ₹46,250. Larger 3 BHK and 4 BHK apartments command higher rents of ₹98,550 and ₹1.46 Lakh per month, respectively. Studio apartments remain a popular entry-level option, averaging ₹19,100 per month.
Locality Rate (₹/Sq.Ft) Change %
Khande Rao Dongari 150 29.2
Asara Colony 50 -
Rajendra Nagar 100 18.2
Sukarwadi 50 -
Trimurty Nagar 100 16.3
Datta Pada 50 6.2
Magathane 50 -
Mhatre Wadi 100 -
Devala Pada 50 -
Food Corporation Of India Warehouse 100 -14.3
Rental rates across sub-localities show marked differences, with Khande Rao Dongari leading at ₹150 per sq ft, a 29.2% increase. Rajendra Nagar and Trimurty Nagar both average ₹100 per sq ft, with the latter seeing a 16.28% rise. Meanwhile, Datta Pada and Asara Colony offer more affordable rental options at ₹50 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Shop 250 -3.3
Office Space 200 -4.4
Apartment 100 20.8
Apartments are the primary rental asset, with rates rising by 20.78% to reach ₹100 per sq ft. Commercial rentals show a different trend, with office spaces averaging ₹200 per sq ft, down by -4.37%. Shops command the highest rental rates at ₹250 per sq ft, despite a slight annual decline of -3.29%.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,950 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,500 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,900 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 8,900 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Borivali East, Mumbai

Avg. Asking Price ₹ 46,350 /Sq.Ft
Govt Registration Rate ₹ 29,850 /Sq.Ft
Avg. Asking Price ₹ 37,250 /Sq.Ft
Govt Registration Rate ₹ 20,000 /Sq.Ft
Avg. Asking Price ₹ 34,900 /Sq.Ft
Govt Registration Rate ₹ 21,400 /Sq.Ft
Avg. Asking Price ₹ 33,000 /Sq.Ft
Govt Registration Rate ₹ 20,400 /Sq.Ft

More insights about Borivali East, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Borivali East, Mumbai

What is the current average asking price in Borivali East as of March 2026?

The average asking price in Borivali East is ₹34,750 per sq ft as of March 2026. This figure reflects a significant market appreciation of 7.13% compared to previous periods, signaling strong demand and sustained investor confidence in this locality.

How have property prices in Borivali East trended over the last few quarters?

Property prices in Borivali East have shown a consistent upward trajectory from June 2025 to March 2026. The location rate increased from ₹28,700 per sq ft in June 2025 to ₹30,650 in September 2025, reaching ₹32,450 in December 2025, and finally hitting ₹34,750 per sq ft by March 2026. This steady growth indicates a resilient market with rising buyer interest.

How does the average asking price in Borivali East compare to the Government Registration Rate?

As of March 2026, the average asking price in Borivali East stands at ₹34,750 per sq ft, while the Government Registration Rate is ₹20,850 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration value is a critical factor for buyers to consider when calculating total acquisition costs and stamp duty obligations.

What is the rental yield in Borivali East, and what does it signify for investors?

The rental yield in Borivali East is currently 3.21% as of March 2026. For property investors, this yield represents the annual rental income relative to the capital value of the property, offering a baseline for evaluating the income-generating potential of residential assets in the area.

What are the typical monthly rental rates for different apartment configurations in Borivali East?

As of March 2026, rental rates in Borivali East vary by unit size: Studio apartments average ₹19,100 per month, 1 BHK units average ₹31,800 per month, 2 BHK units average ₹46,250 per month, 3 BHK units average ₹98,550 per month, and 4 BHK units average ₹1.46 Lakh per month. These figures help tenants and landlords understand the market-standard pricing for various residential needs.

Which projects in Borivali East command the highest rental rates?

As of March 2026, the top projects by rental rates include Chandak Nishchay Wing F at ₹115 per sq ft, Chandak Next at ₹109 per sq ft, and both Oberoi Sky City and KCD Palkhi Aura at ₹108 per sq ft. The rental rate for Chandak Nishchay Wing F has appreciated by 29.21% compared to previous periods, while Chandak Next saw an appreciation of 26.74%, highlighting these projects as premium choices for renters.

How do property prices in Borivali East differ by property type?

As of March 2026, property prices in Borivali East vary significantly by type: shops are priced at ₹40,850 per sq ft (appreciating by 16.17% compared to previous periods), office spaces are at ₹35,200 per sq ft (depreciating by 9.39%), and apartments are at ₹34,750 per sq ft (appreciating by 7.13%). This segmentation allows investors to align their capital deployment with the specific growth trends of each asset class.

How does the price of Ready To Move properties compare to Under Construction projects in Borivali East?

As of March 2026, Ready To Move properties in Borivali East are priced at an average of ₹25,650 per sq ft, showing a 1.04% appreciation compared to previous periods. In contrast, Under Construction projects are priced at ₹26,950 per sq ft, reflecting a 1.46% appreciation. This pricing structure suggests a premium on newer developments currently under construction compared to the ready-to-move inventory.

Which developers have the highest transaction activity in Borivali East?

Oberoi Realty leads the market in Borivali East with 12 transactions, followed by HDIL with 6 transactions. Other prominent developers with significant activity include Kanakia Spaces, CCI, and B G Shirke Group Of Companies, each recording 4 transactions. This high transaction volume often serves as a signal of developer reliability and project popularity among buyers.

How should a buyer interpret the transaction data for top projects in Borivali East?

Transaction data provides a clear view of market liquidity and project preference. For instance, Oberoi Sky City is a top-performing project with 12 transactions, currently priced at ₹47,750 per sq ft, which has depreciated by 2.23% compared to previous periods. Analyzing such data helps buyers understand which projects are actively changing hands and how their price points have evolved.

What are the most premium rental micromarkets within Borivali East?

Khande Rao Dongari is the most premium rental area in Borivali East, with an average rental rate of ₹150 per sq ft, which has appreciated by 29.2% compared to previous periods. Other areas like Rajendra Nagar, Trimurty Nagar, Mhatre Wadi, and Food Corporation Of India Warehouse command rates of ₹100 per sq ft. Notably, rental rates in Food Corporation Of India Warehouse have depreciated by 14.29% compared to previous periods, while Trimurty Nagar has seen an appreciation of 16.28%.

Are there significant price variations among the different residential neighborhoods near Borivali East?

Yes, property rates vary across the vicinity of Borivali East. As of March 2026, Mahavir Nagar is priced at ₹36,450 per sq ft (appreciating by 2.36% compared to previous periods), while Eksar is at ₹34,950 per sq ft (appreciating by 3.38%). Other areas like Shimpoli are at ₹33,600 per sq ft (appreciating by 1.97%), and IC Colony is at ₹29,200 per sq ft (appreciating by 3.32%). These variations allow buyers to choose locations that best fit their budget and investment goals.

How can users effectively use the property rates page for decision-making?

Users can leverage this data to compare current asking prices against historical trends and government registration benchmarks to assess value. By examining the performance of specific property types, project statuses, and top developers, buyers and investors can identify high-growth areas and projects with strong transaction activity. Always consider the appreciation or depreciation percentages to understand the momentum of a specific locality or project before finalizing a real estate decision.

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