Mumbai
Chandivali continues to evolve as a high-value residential pocket in Mumbai, characterized by a steady increase in property rates and consistent rental demand. The market balance between ready-to-move-in apartments and premium under-construction units offers diverse choices for both homebuyers and long-term investors. Rental activity remains strong across various unit configurations, supported by a healthy rental yield that underscores the area's attractiveness for income-generating assets. Recent registration data confirms active market participation, reflecting sustained confidence in the locality's infrastructure and connectivity.
As of June 2026, the average asking price in Chandivali is ₹34,900 per sq ft. This figure reflects an appreciation of 2.58% compared to previous periods, indicating a steady demand for residential apartments in this locality.
Property prices in Chandivali have shown a consistent upward trajectory through the first half of 2026. The average asking price rose from ₹33,400 per sq ft in December 2025 to ₹34,050 per sq ft in March 2026, and further to ₹34,900 per sq ft by June 2026, signaling sustained buyer interest and market confidence.
Property prices in Chandivali vary significantly when compared to surrounding areas. For instance, Powai commands a higher average rate of ₹46,300 per sq ft, having appreciated by 8.6% recently. Conversely, areas like Vikhroli West and Sakinaka show lower price points at ₹26,900 per sq ft and ₹24,000 per sq ft respectively, with both areas experiencing recent depreciation.
As of June 2026, under-construction properties in Chandivali are priced at an average of ₹36,650 per sq ft, which has appreciated by 3.92%. In comparison, ready-to-move properties are available at an average of ₹31,800 per sq ft, reflecting an appreciation of 3.17%.
The rental yield in Chandivali stands at 3.78% as of June 2026. This yield represents the annual rental income relative to the property's capital value, providing investors with a benchmark to evaluate the income-generating potential of their residential assets in the area.
Rental rates in Chandivali vary by unit size as of June 2026. Studios average ₹27,000 per month, while 1 BHK units average ₹52,850 per month. Larger configurations command higher premiums, with 2 BHK units averaging ₹75,050 per month, 3 BHK units at ₹1.29 Lakh per month, and 4 BHK units reaching ₹1.35 Lakh per month.
As of June 2026, premium rental projects in Chandivali include Mahindra Alcove Wing D And E at ₹140 per sq ft, Nahar Camellia Apartment at ₹130 per sq ft, and both Nahar Regency Park CHS and Mahindra Alcove at ₹124 per sq ft. It is worth noting that Nahar Camellia Apartment experienced a rental depreciation of 16.67%, whereas other top projects like Nahar Amaryllis Towers and Plaza saw an appreciation of 1.72%.
As of June 2026, office spaces in Chandivali command a significantly higher rental rate of ₹250 per sq ft, though this has seen a depreciation of 1.5%. In contrast, residential apartments maintain a more accessible average rental rate of ₹100 per sq ft, which has appreciated by 0.92%.
As of June 2026, Tata Symphony leads the market with a listing rate of ₹53,750 per sq ft, having appreciated by 54.12%. Other prominent projects include Gundecha Hills at ₹42,050 per sq ft (up 9.33%) and Evershine Sapphire at ₹40,450 per sq ft (up 7.5%). These rates reflect the premium positioning of these developments within the Chandivali micromarket.
The Government Registration Rate in Chandivali is ₹25,850 per sq ft, based on 256 transactions recorded between October 2025 and September 2026. This rate is typically lower than the current market asking price of ₹34,900 per sq ft, which is common in active markets where premium amenities and developer branding drive asking prices above the government-notified valuation benchmarks.
