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Insights for Borivali West, Mumbai Real Estate Market Overview

Borivali West maintains a steady real estate landscape characterized by a healthy balance of residential and commercial growth. The current market rates reflect a mature locality where property values are supported by consistent demand for both ready-to-move and under-construction projects. Rental demand remains strong, particularly for apartment units, supported by a competitive rental yield of 2.97%. Recent government registration data indicates active buyer engagement, with 748 transactions recorded. The developer ecosystem is diverse, featuring established names like Relcon ZP JE Construction and Yogi Developers leading the transaction volume.

  • The ready-to-move residential segment leads supply with 1,347 available units, averaging ₹27,350 per sq ft.
  • Under-construction projects are currently priced at a premium, averaging ₹32,650 per sq ft.
  • Showroom rental rates have surged by 38%, reaching an average of ₹500 per sq ft.
  • The 3 BHK rental segment commands the highest average monthly rent at ₹73,850.
  • Major projects like H Rishabraj Phoenix and Ruparel Zinnia continue to set high-value benchmarks in the local market.

Market Strengths
  • High demand for 3 BHK units with average monthly rents of ₹73,850.
  • Strong commercial growth with showroom rentals reaching ₹500 per sq ft.
  • Large inventory of 1,347 ready-to-move residential units ensuring liquidity.
  • Significant transaction volume of 748 registrations worth ₹958 Cr.
  • Diverse price points ranging from ₹25,950 to ₹32,950 per sq ft in residential sub-localities.
  • Robust rental growth for apartments at 10.14%.
Market Challenges
  • Rental rates for shops have seen a decline of -9.44%.
  • Office space rental rates have experienced a decrease of -5.73%.
  • Villa property values have seen a significant change of -33.71%.
  • Some established sub-localities like Kanti Park have seen a price correction of -3.51%.
Investment Opportunities
  • The 2.97% rental yield offers a steady income potential for investors looking at residential assets.
  • Showroom properties show high growth potential with a 38% increase in rental rates.
  • Ready-to-move apartments provide a stable entry point at ₹27,350 per sq ft.
  • Under-construction projects at ₹32,650 per sq ft indicate strong capital appreciation expectations.
Top Localities in Borivali West, Mumbai

Yogi Nagar

Avg Price ₹ 26,150 /Sq.Ft.
Avg Rent ₹ 92 /Sq.Ft.
YIELD + 4.22
LISTINGS 11

Eksar

Avg Price ₹ 34,950 /Sq.Ft.
Avg Rent ₹ 74 /Sq.Ft.
YIELD + 2.54
LISTINGS 10
Price Trend

Borivali West, Mumbai Property Price Trends and Appreciation

Borivali West property rates have seen minor fluctuations over recent quarters, settling at ₹30,750 per sq ft by June 2026. This follows a period where rates hovered around the ₹30,300 to ₹31,300 range, indicating a resilient price floor. The micromarket has shown stronger movement, peaking at ₹35,900 per sq ft during the same period.
Asking Price Trends
₹ 30,750/Sq.Ft -1.7 % QoQ
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 30750
Mar 2026 31300
Dec 2025 30300
Sep 2025 30350
About Asking Price Trends
Borivali West Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Kanti Park 28,950 -3.5
Shimpoli 32,050 -4.5
Charkop Sector 4 26,150 -
Charkop Sector 3 27,700 18.8
Ic Colony 32,950 12.9
Borivali East 35,200 1.2
Kandivali West 26,800 6.7
Charkop Sector 2 25,950 -0.8
Dahisar West 26,800 8.5
The residential landscape in Borivali West is shaped by distinct sub-localities that cater to different price points. IC Colony stands as a premium zone with rates averaging ₹32,950 per sq ft, while Shimpoli follows closely at ₹32,050 per sq ft. In contrast, Charkop Sector 2 and Charkop Sector 4 offer more accessible entry points, with rates hovering around ₹25,950 and ₹26,150 per sq ft respectively. These variations provide buyers with flexibility based on their budget and lifestyle needs.
Type Rate (₹/Sq.Ft) Change %
Shop 86,150 38.7
Office Space 46,750 5.1
Villa 11,400 -33.7
Apartment 30,750 -1.7
Borivali West caters to diverse investment appetites, with commercial and residential segments showing varied performance. Shops currently command an average of ₹86,150 per sq ft, while office spaces average ₹46,750 per sq ft. Residential apartments, the core of the market, are priced at ₹30,750 per sq ft, reflecting consistent demand across the board.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1,444 27,290 5.9
Under Construction 143 32,650 17.1
New Launch 92 27,950 8.5
The market provides a wide spectrum of inventory across various construction stages to suit different buyer timelines. Ready-to-move projects, totaling 1,347 units, offer immediate value at ₹27,350 per sq ft, while 143 under-construction units are priced at a higher ₹32,650 per sq ft. New launches are also active, with 92 units available at an average of ₹27,950 per sq ft, ensuring a steady supply for future residents.
Project & Developer Insights

Top Residential Projects and Developers in Borivali West

Top Projects in Borivali West
Kalpataru Advay is the top project in Borivali West with prices from ₹ 3.34 Cr to 7.99 Cr.
Kalpataru Advay ₹ 3.34 Cr - ₹ 7.99 Cr
  • Mumbai Western Suburbs, Mumbai
Kalpataru Vian ₹ 5.05 Cr - ₹ 9.63 Cr
  • Mumbai Western Suburbs, Mumbai
LnT Ahana ₹ 2.88 Cr - ₹ 7.01 Cr
  • Mumbai Western Suburbs, Mumbai
Purva Estrella ₹ 2.75 Cr - ₹ 7.75 Cr
  • Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences ₹ 4.09 Cr - ₹ 9.37 Cr
  • Mumbai Western Suburbs, Mumbai
Mahindra Marina 64 ₹ 2.1 Cr - ₹ 5.41 Cr
  • Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova ₹ 2.60 Cr - ₹ 4.97 Cr
  • Mumbai Western Suburbs, Mumbai
Godrej Skyshore ₹ 9.84 Cr - ₹ 16.49 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS ₹ 6.99 Cr - ₹ 12.10 Cr
  • Mumbai Western Suburbs, Mumbai
Paradigm Superstar ₹ 21.81 Cr - ₹ 33.66 Cr
  • Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.63 Cr
  • 110 Projects
  • 39 Years
DLF
Kalpataru ₹ 1.19 Cr - ₹ 71.98 Cr
  • 84 Projects
  • 50 Years
DLF
The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr
  • 60 Projects
  • 50 Years
DLF
Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr
  • 51 Projects
  • 52 Years
DLF
Ruparel ₹ 63.33 L - ₹ 6.94 Cr
  • 44 Projects
  • 19 Years
DLF
Chandak ₹ 85 L - ₹ 11.11 Cr
  • 40 Projects
  • 20 Years
DLF
Ajmera ₹ 75.99 L - ₹ 14.45 Cr
  • 39 Projects
  • 50 Years
DLF
Paradigm Realty ₹ 64 L - ₹ 33.66 Cr
  • 19 Projects
  • 4 Years
DLF
Kolte Patil Developers Ltd ₹ 89.89 L - ₹ 13.8 Cr
  • 11 Projects
  • 29 Years
DLF
Ekta World ₹ 94.87 L - ₹ 26 Cr
  • 77 Projects
  • 31 Years
View More
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Premium residential developments in Borivali West are setting high benchmarks, with several projects commanding rates well above the market average. H Rishabraj Phoenix leads the luxury segment at ₹44,200 per sq ft, followed by Ruparel Zinnia at ₹42,850 per sq ft. Lodha Altus and Kolte Patil Evara also command premium pricing at ₹42,750 per sq ft, highlighting the strong demand for high-end living spaces in the area.
Top projects in Borivali West, including Prerana CHS and Bhutra Anjani Shikhar, maintain consistent rental rates around ₹98 per sq ft. These projects continue to be preferred choices for tenants, reflecting the area's ongoing demand for well-maintained residential complexes.
Top Developers by Transaction Count
  • By Transaction
The development landscape in Borivali West is anchored by several active builders who drive the local transaction volume. Relcon ZP JE Construction leads the market with 3 recorded transactions, while Yogi Developers contributes 2 deals. Other notable developers including Shree Sai Realtors and Vk Developers continue to play a key role in maintaining the market's momentum through consistent project launches.
Government Registrations

Government Registration in Borivali West, Mumbai

Official registration data for the period between October 2025 and September 2026 highlights robust activity in Borivali West. The market recorded 748 transactions with a gross value of ₹958 Cr, reflecting strong investor confidence. Relcon ZP JE Construction leads the developer landscape by transaction volume, closely followed by Yogi Developers and other local contributors, ensuring a dynamic and competitive market environment.
Sales Transactions 748
Gross Sales Value ₹ 958 Cr
Registered Rate ₹ 20,050/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Borivali West, Mumbai

Rental rates for apartments in Borivali West vary by configuration, with 3 BHK units commanding an average of ₹73,850 per month. Studio apartments are available at ₹58,500 per month, while 1 BHK and 2 BHK units average ₹32,800 and ₹49,600 per month respectively. Rental rates across Borivali West sub-localities are strong, with areas like Vazira, Yogi Nagar, and Babhai Naka averaging ₹100 per sq ft. These locations have seen significant YoY growth, with Vazira leading at 36.21% and Yogi Nagar at 26.03%. Commercial properties in Borivali West show varied rental performance, with showrooms averaging ₹500 per sq ft after a 38% increase. Shops and office spaces are currently priced at ₹250 and ₹200 per sq ft, respectively, while residential apartments maintain a steady average of ₹100 per sq ft with 10.14% growth. Top projects in Borivali West, including Prerana CHS and Bhutra Anjani Shikhar, maintain consistent rental rates around ₹98 per sq ft. These projects continue to be preferred choices for tenants, reflecting the area's ongoing demand for well-maintained residential complexes.
Borivali West Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
Studio 58,500
1 Bhk 32,800
2 Bhk 49,600
3 Bhk 73,850
Rental rates for apartments in Borivali West vary by configuration, with 3 BHK units commanding an average of ₹73,850 per month. Studio apartments are available at ₹58,500 per month, while 1 BHK and 2 BHK units average ₹32,800 and ₹49,600 per month respectively.
Locality Rate (₹/Sq.Ft) Change %
Vazira 100 36.2
Yogi Nagar 100 26
Babhai Naka 100 14.6
Eksar 50 -1.3
Roshan Nagar 100 -
Govind Nagar 100 13
Shimpoli 100 23.1
Kastur Park 100 1.2
Chikoowadi 100 22.7
Dalvi Nagar 100 7.5
Rental rates across Borivali West sub-localities are strong, with areas like Vazira, Yogi Nagar, and Babhai Naka averaging ₹100 per sq ft. These locations have seen significant YoY growth, with Vazira leading at 36.21% and Yogi Nagar at 26.03%.
Property Type Rate (₹/Sq.Ft) Change %
Showroom 500 38
Shop 250 -9.4
Office Space 200 -5.7
Apartment 100 10.1
Commercial properties in Borivali West show varied rental performance, with showrooms averaging ₹500 per sq ft after a 38% increase. Shops and office spaces are currently priced at ₹250 and ₹200 per sq ft, respectively, while residential apartments maintain a steady average of ₹100 per sq ft with 10.14% growth.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft
Avg. Asking Price ₹ 6,600 /Sq.Ft
Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Borivali West, Mumbai

Avg. Asking Price ₹ 40,300 /Sq.Ft
Govt Registration Rate ₹ 29,500 /Sq.Ft
Avg. Asking Price ₹ 39,650 /Sq.Ft
Govt Registration Rate ₹ 21,000 /Sq.Ft
Avg. Asking Price ₹ 35,900 /Sq.Ft
Govt Registration Rate ₹ 21,600 /Sq.Ft
Avg. Asking Price ₹ 32,400 /Sq.Ft
Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Borivali West, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Borivali West, Mumbai

What is the current average asking price in Borivali West as of June 2026?

As of June 2026, the average asking price in Borivali West is ₹30,750 per sq ft. This figure reflects a market depreciation of 1.7% compared to the previous period, indicating a slight softening in the local residential market demand.

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

Property prices in Borivali West have shown a fluctuating trajectory in recent quarters. As of June 2026, the location rate stands at ₹30,750 per sq ft, following a rate of ₹31,300 per sq ft in March 2026, ₹30,300 per sq ft in December 2025, and ₹30,350 per sq ft in September 2025. This movement suggests a dynamic market environment where buyers and investors should monitor quarterly shifts to identify optimal entry points.

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

The average asking price in Borivali West is currently ₹30,750 per sq ft, while the Government Registration Rate is ₹20,050 per sq ft as of June 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is a key consideration for buyers to understand the potential tax and stamp duty implications based on the official valuation.

What are the rental rates for different BHK configurations in Borivali West?

Rental rates in Borivali West vary significantly by apartment size to cater to diverse tenant needs. As of June 2026, a Studio apartment averages ₹58,500 per month, while a 1 BHK averages ₹32,800 per month. Larger units command higher premiums, with 2 BHK apartments averaging ₹49,600 per month and 3 BHK apartments reaching an average of ₹73,850 per month.

What is the rental yield in Borivali West and why does it matter for investors?

The rental yield in Borivali West is 2.97% as of June 2026, with an average rental rate of ₹100 per sq ft for apartments. For investors, this yield provides a benchmark for the annual income potential relative to the capital investment, helping them evaluate the attractiveness of Borivali West for long-term rental income versus capital appreciation.

How do property prices in Borivali West vary by property status?

Property prices in Borivali West are influenced by the project's development stage. As of June 2026, Ready To Move properties are priced at ₹27,350 per sq ft, having appreciated by 6.12% compared to the prior period. In contrast, Under Construction projects are priced higher at ₹32,650 per sq ft, reflecting a significant appreciation of 17.07% over the same timeframe, which often signals strong investor confidence in upcoming premium developments.

Which neighbourhoods near Borivali West have the highest and lowest rental rates?

Rental rates across neighbourhoods in Borivali West show notable diversity. Areas such as Vazira, Yogi Nagar, Babhai Naka, Roshan Nagar, Govind Nagar, Shimpoli, Kastur Park, Chikoowadi, and Dalvi Nagar all command an average rental rate of ₹100 per sq ft as of June 2026. Conversely, Eksar maintains a more accessible rental rate of ₹50 per sq ft, which depreciated by 1.33% compared to the previous period.

What are the top projects by listing rates in Borivali West?

Several premium projects lead the market in Borivali West in terms of listing rates as of June 2026. H Rishabraj Phoenix leads with a rate of ₹44,200 per sq ft, showing a substantial appreciation of 43.03% over the comparison period. Other notable projects include Ruparel Zinnia at ₹42,850 per sq ft (up 28.59%) and Lodha Altus at ₹42,750 per sq ft (up 15.71%), highlighting the premium positioning of these developments in the local landscape.

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

Property prices in Borivali West vary significantly across different asset classes as of June 2026. Shops are the most expensive at ₹86,150 per sq ft, having appreciated by 38.65%. Office spaces are priced at ₹46,750 per sq ft (up 5.06%), while apartments average ₹30,750 per sq ft (down 1.7%). Villas are currently priced at ₹11,400 per sq ft, which reflects a depreciation of 33.71% compared to the previous period.

How should a buyer interpret the transaction activity of developers in Borivali West?

Transaction activity is a strong indicator of developer reliability and market demand. As of June 2026, developers like Relcon ZP JE Construction with 3 transactions and Yogi Developers with 2 transactions are among the most active in Borivali West. Buyers can use these transaction volumes as a signal of developer track record and project popularity when making their property purchase decisions.

What are the top projects for renters in Borivali West?

As of June 2026, premium rental projects in Borivali West include Prerana CHS and Bhutra Anjani Shikhar, both commanding a current rental rate of ₹98 per sq ft. Other highly sought-after projects include Mangal Kunj Borivali at ₹97 per sq ft, and Matru Chhaya Borivalli and LMP Nandanvan, both at ₹96 per sq ft. These rates have remained stable with a 0% change, indicating consistent demand for these specific residential addresses.

How does the rental rate for apartments compare to other property types in Borivali West?

Rental rates for different property types in Borivali West vary based on commercial and residential demand. As of June 2026, showrooms command the highest rental rate at ₹500 per sq ft, having appreciated by 38%. Shops are priced at ₹250 per sq ft (down 9.44%), office spaces at ₹200 per sq ft (down 5.73%), and apartments at ₹100 per sq ft, which has seen an appreciation of 10.14%.

How can users effectively use the property rates data on this page?

Users can leverage this data to make informed real estate decisions by comparing current asking prices against historical trends and government-registered rates. By analyzing the price differences between Ready To Move and Under Construction properties, as well as reviewing top projects and developer activity, buyers and investors can better assess the value proposition and market health of Borivali West as of June 2026.

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