Property Rates in Chandivali, Mumbai

In Chandivali, apartments represent the predominant property type, averaging ₹34,033 per sq ft and exhibiting a positive quarterly change of 1.96%. Villas are also available, though at a lower average price of ₹28,945 per sq ft, which has seen a notable decrease of -34.93%. This indicates a stronger market preference and price performance for apartment living in the area.

The Chandivali market offers diverse property options across various stages of development. 'Ready To Move' properties, comprising 34 units, are priced at an average of ₹29,808 per sq ft with a slight uptick of 0.36%. 'Under Construction' projects, numbering 3 units, are positioned at a higher average of ₹35,088 per sq ft, showing a 3.5% increase. New launches, with one unit available, are priced at ₹33,327 per sq ft, reflecting a significant 24.02% surge.

Chandivali's real estate market exhibits varied pricing across its sub-localities. Powai, a prominent area, commands a higher average rate of ₹42,631 per sq ft, showing a significant 11.71% increase. In contrast, areas like Tunga Village are priced attractively at ₹29,784 per sq ft with a modest 1.5% rise. Andheri East averages ₹31,649 per sq ft, reflecting a strong 6.4% growth, while Vikhroli West shows substantial appreciation with rates at ₹29,284 per sq ft, up by 11.29%.

Among top rental projects in Chandivali, Mahindra Alcove Wing D And E offers rentals at ₹140 per sq ft, while Nahar Camellia Apartment is priced at ₹130 per sq ft, showing a 16.67% decrease. Nahar Regency Park CHS and Mahindra Alcove are both listed at ₹124 per sq ft. Projects like Nahar Amaryllis Towers and Plaza and Nahar 8 Towers are available at ₹118 per sq ft, with the latter showing a 10.28% increase.

In Chandivali, rental rates vary significantly by configuration, with larger apartments commanding higher monthly rents. Studio apartments are available for an average of ₹17,800 per month, while 1 BHK units average ₹49,448. The demand escalates for 2 BHKs at ₹70,456 per month, and 3 BHKs reach approximately ₹1.09 Lakh per month, with 4 BHKs being the highest at ₹1.38 Lakh per month.

Rental rates across Chandivali's sub-localities show distinct variations. Powai leads with an average rental rate of ₹125 per sq ft, despite a recent 4.58% decrease. Sainath Nagar offers higher rates at ₹161 per sq ft, while Budhia Jadhav Wadi is available at ₹115 per sq ft with a 1.77% increase. Marol averages ₹111 per sq ft, showing a slight 0.89% dip, indicating varied rental dynamics within the micro-market.

The rental market in Chandivali is predominantly driven by apartments, which average ₹109 per sq ft with a minor 0.91% decrease. Office spaces represent a different segment, commanding a significantly higher average rental rate of ₹267 per sq ft, and have experienced a substantial 54.34% increase, highlighting strong commercial demand.