Property Rates in Chandivali, Mumbai

Property prices in Chandivali have shown a consistent upward trend over the past year. From June 2025 to March 2026, the average asking price increased from ₹29,652 per sq ft to ₹34,033 per sq ft. This quarter-over-quarter growth, with prices rising from ₹31,609 in Sep 2025 to ₹33,378 in Dec 2025, and further to ₹34,033 in Mar 2026, suggests resilient demand and potentially increasing investor confidence in the Chandivali market.

Property rates in areas surrounding Chandivali show significant variation as of March 2026. Powai has the highest average rate at ₹42,631 per sq ft, appreciating by 11.71% in the latest period. JB Nagar follows with ₹37,314 per sq ft (up 6.36%), and Kondivita at ₹36,000 per sq ft (stable). In contrast, Sakinaka offers more affordable options at ₹25,227 per sq ft, with a modest appreciation of 0.58%. This price disparity highlights distinct micro-market dynamics within the broader Chandivali region.

In Chandivali, apartments are the predominant property type, with an average price of ₹34,033 per sq ft as of March 2026. This segment has seen an appreciation of 1.96%. Villas, on the other hand, are priced at ₹28,945 per sq ft, but have experienced a significant depreciation of 34.93% over the same period. This suggests a stronger market demand and price stability for apartments compared to villas in Chandivali.

Property prices in Chandivali vary significantly by construction status as of March 2026. 'New Launch' properties command the highest average price at ₹35,088 per sq ft, showing a substantial appreciation of 24.02%. 'Under Construction' properties are priced at ₹35,088 per sq ft with a 3.5% increase. 'Ready To Move' properties are available at ₹29,808 per sq ft, having appreciated by 0.36%, while 'Well Occupied' properties are priced slightly higher at ₹29,832 per sq ft, though they have seen a depreciation of 0.87%.

As of March 2026, several projects in Chandivali feature among the highest listing rates. Everest Height leads with ₹45,201 per sq ft, appreciating by 35.78%. K Raheja Ascencio is listed at ₹38,805 per sq ft (up 24.61%), followed by Nahar Mimosa and Mirabilis at ₹37,917 per sq ft (up 7.16%). Nahars Optionz Shopping Plaza CHS shows a significant increase of 40% to ₹37,719 per sq ft, and Mahindra Alcove is priced at ₹37,682 per sq ft, having depreciated slightly by 0.18%.

The average rental rate in Chandivali is ₹109 per sq ft as of March 2026. The rental yield for the locality stands at 3.84%. This yield suggests that property owners can expect an annual return of approximately 3.84% on their property's capital value through rent. While this provides a baseline for rental income potential, investors should also consider the capital appreciation trends and other market factors.

Rental costs in Chandivali vary significantly by BHK configuration as of March 2026. Studio apartments are available for an average of ₹17,800 per month. For 1 BHK, the average rent is ₹49,448 per month, increasing to ₹70,456 per month for 2 BHK units. Larger 3 BHK apartments command an average rent of ₹1.09 Lakhs per month, while 4 BHK units are priced at approximately ₹1.38 Lakhs per month, reflecting the demand for space and amenities.

Rental rates in micromarkets near Chandivali show considerable variation. Powai, a prominent area, has an average rental rate of ₹125 per sq ft, though it has seen a depreciation of 4.58%. Sainath Nagar offers higher rentals at ₹161 per sq ft with stable rates. Paspoli is at ₹119 per sq ft, and Pitamaha Ramji Nagar is at ₹117 per sq ft. Conversely, Tirandaz has a lower average rental rate of ₹92 per sq ft, indicating diverse rental demand and supply dynamics across these neighbouring micro-locations.

In Chandivali, apartments are the most common rental property type, with an average rental rate of ₹109 per sq ft as of March 2026, showing a slight depreciation of 0.91%. Office spaces, however, command significantly higher rental rates at ₹267 per sq ft, with a substantial appreciation of 54.34%. This indicates a strong demand and premium pricing for commercial office spaces in the area compared to residential apartments.

As of March 2026, Mahindra Alcove Wing D And E leads in rental rates in Chandivali at ₹140 per sq ft. Nahar Camellia Apartment is listed at ₹130 per sq ft, experiencing a depreciation of 16.67%. Nahar Regency Park CHS and Mahindra Alcove are both at ₹124 per sq ft. Nahar Amaryllis Towers and Plaza is at ₹118 per sq ft, showing a 1.72% appreciation, alongside Nahar 8 Towers which has appreciated by 10.28% to ₹118 per sq ft. These projects command premium rents due to their location, amenities, or newer construction.

In Chandivali, the average asking price for properties is ₹34,033 per sq ft as of March 2026. This is considerably higher than the Government Registration Rate, which is listed as ₹0 per sq ft. This significant difference suggests that the official government rates do not reflect the current market transaction values, and actual property prices are determined by market forces, developer pricing, and demand-supply dynamics.

As of March 2026, 'Under Construction' properties in Chandivali are priced at an average of ₹35,088 per sq ft, showing a 3.5% appreciation. 'Ready To Move' properties are priced slightly lower at ₹29,808 per sq ft, with a modest appreciation of 0.36%. The 'New Launch' segment is also priced at ₹35,088 per sq ft and has seen a significant 24.02% increase. This indicates that while 'Under Construction' and 'New Launch' properties command a premium, 'Ready To Move' options offer a more stable, albeit slightly lower, price point.