Gandhi Nagar Property Rates

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Property Rates in Gandhi Nagar

Property rates in Gandhi Nagar average ₹22,100 per sq ft. The market reflects a steady residential landscape, primarily driven by ready-to-move projects. While rental rates across the broader region show varied activity, the area remains a key focus for those seeking established residential pockets. Investors and homebuyers are closely observing the rental yield potential, which remains a cornerstone of the neighborhood's investment appeal alongside current property acquisition trends.

Insights

Insights for Gandhi Nagar, Mumbai Real Estate Market Overview

Gandhi Nagar provides a focused residential market environment characterized by established ready-to-move inventory. Recent registration data confirms consistent buyer activity, with multiple transactions finalized over the past year. The rental segment demonstrates a diverse range of configurations, catering to varying housing needs through well-connected apartment options. Market participants are currently navigating a pricing environment that balances established project values against broader regional trends in nearby hubs like Bandra East and BKC.

Current ready-to-move apartment rates in Gandhi Nagar are priced at ₹22,100 per sq ft.
Government registration data shows 14 transactions totaling a gross value of ₹38 Cr.
Average rental rates in the locality stand at ₹186 per sq ft, offering clear benchmarks for property owners.
The 3 BHK rental segment commands an average monthly rate of ₹2.85 Lakh.

Market Strengths

High volume of government-registered transactions indicating a transparent and active market.
Strong rental demand for 3 BHK configurations at ₹2.85 Lakh per month.
Strategic location within Mumbai's central suburban corridor.
Diverse rental landscape with rates ranging across various nearby sub-markets.
Consistent transaction flow with 14 registrations recorded in the last year.

Market Challenges

The ready-to-move segment is experiencing a -2.12% price adjustment.
Average rental rates in the area have seen a decline of -11%.
Overall apartment rental rates are currently averaging -11% compared to previous periods.

Investment Opportunities

The 3 BHK rental market generates stable monthly returns averaging ₹2.85 Lakh.
Established ready-to-move inventory offers immediate rental income potential for investors.
Proximity to high-value hubs like Bandra Kurla Complex supports long-term rental demand.
The current registered rate of ₹37,700 per sq ft provides a benchmark for evaluating property value appreciation.

Price Trend

Gandhi Nagar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Gandhi Nagar Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Bandra East	56,150	-8.8
Bandra Kurla Complex	54,250	-9.1
Bandra West	67,450	8.8
Khar West	62,150	1.8
Chunabhatti	27,850	4.7
Mahim	54,000	7.5
Santacruz East	36,450	6
Vakola	29,500	-
Pali Hill	1,01,150	22
Sion	28,800	2.3

Gandhi Nagar sits within a competitive regional map, surrounded by varied price points across Mumbai. Bandra West commands a significant premium at ₹67,450 per sq ft, while nearby Bandra East and Bandra Kurla Complex hover at ₹56,150 and ₹54,250 per sq ft respectively. Conversely, more accessible options are found in areas like Chunabhatti at ₹27,850 per sq ft and Sion at ₹28,800 per sq ft, providing a wide spectrum of choices for potential investors.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	22,100	-2.1

The Gandhi Nagar market is currently defined by its ready-to-move inventory, which provides immediate occupancy options for buyers. These units are priced at ₹22,100 per sq ft, experiencing a -2.12% change that represents the current valuation of established projects in the area.

Project & Developer Insights

Top Residential Projects and Developers in Gandhi Nagar

Mahindra Rainforest ₹ 1.76 Cr - ₹ 3.43 Cr

Mumbai Central Suburbs, Mumbai

Runwal Meadows ₹ 1.85 Cr - ₹ 4.79 Cr

Mumbai Central Suburbs, Mumbai

Prestige Forest Hills ₹ 3.29 Cr - ₹ 14.53 Cr

Mumbai Central Suburbs, Mumbai

Lodha Elaris ₹ 9 Cr - ₹ 9 Cr

Mumbai Central Suburbs, Mumbai

Lodha Corinthia ₹ 2.35 Cr - ₹ 3.2 Cr

Mumbai Central Suburbs, Mumbai

K Raheja Antares ₹ 70 L - ₹ 5.39 Cr

Mumbai Central Suburbs, Mumbai

Kalpataru Virtus ₹ 1.85 Cr - ₹ 4.35 Cr

Mumbai Central Suburbs, Mumbai

Godrej Nurture Mumbai ₹ 1.46 Cr - ₹ 2.66 Cr

Mumbai Central Suburbs, Mumbai

Adani Airica ₹ 1.7 Cr - ₹ 3.86 Cr

Mumbai Central Suburbs, Mumbai

Godrej Vistas ₹ 3.83 Cr - ₹ 5.38 Cr

Mumbai Central Suburbs, Mumbai

New Launch

Under Construction

Ready to Move

Lodha ₹ 67.27 L - ₹ 264.19 Cr

112 Projects
39 Years

Kalpataru ₹ 1.19 Cr - ₹ 71.98 Cr

84 Projects
50 Years

Hiranandani ₹ 1.02 Cr - ₹ 10.36 Cr

77 Projects
34 Years

Rustomjee ₹ 25.75 L - ₹ 74 Cr

70 Projects
31 Years

Runwal ₹ 86 L - ₹ 69.58 Cr

69 Projects
41 Years

The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr

61 Projects
50 Years

Mayfair Housing ₹ 1.16 Cr - ₹ 15 Cr

53 Projects
52 Years

Ruparel ₹ 63.33 L - ₹ 6.94 Cr

44 Projects
19 Years

Godrej ₹ 1.15 Cr - ₹ 87.92 Cr

43 Projects
36 Years

Ajmera ₹ 75.99 L - ₹ 13.63 Cr

39 Projects
50 Years

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Sanskar Apartment Mulund, Gandhi Nagar	22,100	-2.1

Sanskar Apartment Mulund stands out as a key residential project in the Gandhi Nagar area. It is currently listed at ₹22,100 per sq ft, reflecting a -2.12% change in its valuation.

Government Registrations

Government Registration in Gandhi Nagar, Mumbai

Official registration data for the period between November 2025 and October 2026 highlights a total of 14 transactions in Gandhi Nagar. These deals reached a gross value of ₹38 Cr, with registered rates averaging ₹37,700 per sq ft, underscoring active market engagement.

Sales Transactions 14

Gross Sales Value ₹ 38 Cr

Registered Rate ₹ 37,700/Sq.Ft

Rental Trends

Rental Trends and Average Rent in Gandhi Nagar, Mumbai

The rental market for 3 BHK apartments in Gandhi Nagar remains a notable segment, with units commanding an average monthly rent of ₹2.85 Lakh. Rental rates across neighboring locations show significant variation, with Valmiki Nagar reaching ₹300 per sq ft and B Block BKC at ₹250 per sq ft. Meanwhile, areas like Kherwadi and Khar East maintain more accessible rental benchmarks at ₹150 per sq ft. Apartment rentals in the area are currently averaging ₹200 per sq ft, which reflects a -11% change over the observed period.

Gandhi Nagar Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
3 Bhk	2,85,000

The rental market for 3 BHK apartments in Gandhi Nagar remains a notable segment, with units commanding an average monthly rent of ₹2.85 Lakh.

Locality	Rate (₹/Sq.Ft)	Change %
Bandra East	200	7
Kherwadi	150	13.7
Government Colony	200	-
Ambedkar Nagar	200	26.6
B Block Bkc	250	0.8
Valmiki Nagar	300	2.6
Khar East	150	5.8
Bandra Kurla Complex	250	1.7
St. Peters Colony	200	-0.5
Ram Krishna Nagar	250	-2.1

Rental rates across neighboring locations show significant variation, with Valmiki Nagar reaching ₹300 per sq ft and B Block BKC at ₹250 per sq ft. Meanwhile, areas like Kherwadi and Khar East maintain more accessible rental benchmarks at ₹150 per sq ft.

Property Type	Rate (₹/Sq.Ft)	Change %
Apartment	200	-11

Apartment rentals in the area are currently averaging ₹200 per sq ft, which reflects a -11% change over the observed period.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around Gandhi Nagar, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,000 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Gandhi Nagar, Mumbai

Gandhi Nagar, Mumbai Overview

Gandhi Nagar, Mumbai Reviews

FAQ

Frequently Asked Questions About Property Rates in Gandhi Nagar, Mumbai

What is the current average asking price in Gandhi Nagar?

As of Sep 2026, the average asking price in Gandhi Nagar stands at ₹22,100 per sq ft for ready-to-move properties. This rate has depreciated by 2.12% compared to previous periods, reflecting a market adjustment in the available inventory.

How does the Government Registration Rate compare to the market price in Gandhi Nagar?

The Government Registration Rate in Gandhi Nagar is currently ₹37,700 per sq ft, based on data recorded between Nov 2025 and Oct 2026. This figure, derived from 14 registered transactions totaling ₹38 Cr, serves as a benchmark for property valuation in the area and is notably higher than the current average asking price for ready-to-move units.

What is the recent price trend for property in Gandhi Nagar?

Property rates in Gandhi Nagar have shown a slight downward trajectory in recent quarters. As of Sep 2026, the micromarket rate was 0, following a recorded rate of ₹32,400 per sq ft in Jun 2026 and ₹33,000 per sq ft in Mar 2026. This movement indicates a period of price consolidation following the ₹32,900 per sq ft observed in Dec 2025.

What is the average rental rate in Gandhi Nagar?

The average rental rate in Gandhi Nagar is ₹186 per sq ft as of Sep 2026. This rate has experienced a depreciation of 11% compared to the reference period, which is consistent with the trend observed for apartment rentals in the locality.

What are the rental trends for different BHK configurations in Gandhi Nagar?

For those seeking larger spaces in Gandhi Nagar, 3 BHK apartments are currently commanding an average rent of ₹2.85 Lakh per month as of Sep 2026. This pricing reflects the premium nature of spacious residential units in the area, providing a clear benchmark for tenants and landlords evaluating the local rental market.

How do rental rates vary across neighbourhoods near Gandhi Nagar?

Rental rates in the vicinity of Gandhi Nagar show significant variation, with Valmiki Nagar commanding the highest rate at ₹300 per sq ft, which has appreciated by 2.57%. Other areas like Bandra Kurla Complex and B Block BKC are priced at ₹250 per sq ft, with the latter seeing a modest appreciation of 0.82%. Conversely, Kherwadi and Khar East offer more accessible rental options at ₹150 per sq ft, with Kherwadi showing a notable appreciation of 13.73%.

Which project currently represents the available inventory in Gandhi Nagar?

Sanskar Apartment Mulund is a key project in Gandhi Nagar, currently listed at an average rate of ₹22,100 per sq ft as of Sep 2026. This project's listing rate has depreciated by 2.12%, mirroring the broader ready-to-move property status trend in the locality.

How should investors interpret the property rates data for Gandhi Nagar?

Investors should view the Gandhi Nagar data by balancing the current ready-to-move asking price of ₹22,100 per sq ft against the higher Government Registration Rate of ₹37,700 per sq ft. The recent depreciation in both sale and rental segments suggests a market currently undergoing a correction, which may offer entry opportunities for long-term investors looking for value-based acquisitions.