Squareyards Logo
Mumbai
Blogs DataIntelligence
New Advertise with us Sell or Rent Property
Login

Property Rates in Gandhi Nagar, Mumbai

Comprehensive Market Snapshot

Gandhi Nagar in Mumbai presents a dynamic real estate landscape, marked by significant registration activity and an active rental market. While current asking price data for the locality is not publicly available, property registrations indicate a robust transactional environment with a healthy average registered rate. The rental market is particularly vibrant, featuring an average rate of ₹215 per sq ft and strong demand for larger configurations like 3 BHK apartments.

  • Government records show 230 property transactions in Gandhi Nagar from Apr 25 to Mar 26, totaling a substantial gross value of ₹581 Cr.
  • The average registered rate for properties in Gandhi Nagar stands at ₹17,850 per sq ft, reflecting actual transaction values.
  • The average rental rate in Gandhi Nagar is ₹215 per sq ft, indicating a competitive rental market.
  • 3 BHK apartments in the area command an average rental rate of ₹2.68 Lakh per month.
  • The 'Well Occupied' property status segment shows a positive price change of 5.16%, with an average price of ₹19,897 per sq ft.

  • Average Rental₹ 215 /sq.ft
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Rental Trends
  • Other Property Rates

Insights for Gandhi Nagar, Mumbai Real Estate Market

Gandhi Nagar's real estate market in Mumbai demonstrates a strong underlying transactional base, evidenced by significant government registration figures. While specific asking price trends for the locality are not detailed, the robust number of property registrations and their gross value highlight consistent buyer activity. The rental market further underscores the locality's appeal, with competitive average rates and notable demand for specific property types. This combination of active transactions and a thriving rental sector positions Gandhi Nagar as an area of sustained real estate interest, particularly for those seeking rental income.

  • A total of 230 property transactions were officially registered in Gandhi Nagar between Apr 25 and Mar 26, accumulating a gross value of ₹581 Cr.
  • The average registered rate for properties in the area is ₹17,850 per sq ft, providing a clear benchmark for actual sales.
  • Properties classified as 'Well Occupied' in Gandhi Nagar have an average price of ₹19,897 per sq ft, experiencing a positive change of 5.16%.
  • The Sanskar Apartment Mulund project in Gandhi Nagar currently holds a rate of ₹19,897 per sq ft, also reflecting a 5.16% price increase.
  • Gandhi Nagar's average rental rate of ₹215 per sq ft is notably higher than several neighboring areas like Bandra East (₹184 per sq ft) and Kherwadi (₹157 per sq ft).

Market Strengths Market Strengths
  • Robust government registration activity with 230 transactions and a gross value of ₹581 Cr demonstrates strong market fundamentals.
  • The average registered rate of ₹17,850 per sq ft indicates healthy property valuations in actual transactions.
  • Properties in the 'Well Occupied' status segment have experienced a positive price change of 5.16%, reflecting stability and growth.
  • An attractive average rental rate of ₹215 per sq ft underscores the strong demand for rental properties.
  • High rental potential for 3 BHK apartments, commanding an average of ₹2.68 Lakh per month, caters to a specific high-value rental segment.
  • The Sanskar Apartment Mulund project in Gandhi Nagar has shown a positive price change of 5.16%, signaling confidence in key developments.
Investment Opportunities Investment Opportunities
  • The robust government registration activity, with 230 transactions and a gross value of ₹581 Cr, indicates a liquid and active market for property investments.
  • Properties under 'Well Occupied' status show a positive price change of 5.16%, suggesting potential for capital appreciation in ready-to-move assets.
  • The average rental rate of ₹215 per sq ft highlights strong rental income potential for property owners in Gandhi Nagar.
  • Investing in 3 BHK apartments could be lucrative, given their high average rental rate of ₹2.68 Lakh per month.
  • The Sanskar Apartment Mulund project, with a 5.16% increase in its current rate, represents a specific project showing positive growth.
Property Valuation

Comprehensive assessment of your property's current worth in the current market
Get Valuation Report

Property Price Trends in Gandhi Nagar, Mumbai

Price Trends by Localities

While current asking prices for Gandhi Nagar are not available, the rental market provides a clear picture of its value proposition compared to neighboring areas. Gandhi Nagar commands an average rental rate of ₹215 per sq ft. This positions it competitively against localities like Bandra East, which averages ₹184 per sq ft with a -2.65% change, and Kherwadi at ₹157 per sq ft. However, some premium areas such as Valmiki Nagar and B Block Bkc lead with higher average rental rates of ₹265 per sq ft and ₹258 per sq ft, respectively, indicating diverse rental market dynamics across the region.

Location Rate (₹/sq.ft) Change %
Bandra East 58,685 8.2
Khar East 49,018 -
Bandra Kurla Complex 60,004 15.4
Dharavi 19,117 -
Bandra West 62,255 8.6
Khar West 61,593 4.4
Linking Road 39,405 -
Chunabhatti 26,777 4.6
Mahim 49,318 11.9
Sion West 31,746 -

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Gandhi Nagar are showcasing positive price movements. Leading the segment, Sanskar Apartment Mulund is currently priced at ₹19,897 per sq ft, experiencing a notable 5.16% increase. Located in Mumbai Central Suburbs, this project sets a strong benchmark for value within the locality.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Sanskar Apartment Mulund 19,897 5.2

Government Registration in Gandhi Nagar, Mumbai

  • Sales Transactions230
  • Gross Sales Value₹ 581 Cr
  • Registered Rate₹ 17,850 /sq.ft

Official registration data reveals robust transaction activity in Gandhi Nagar during Apr 25 to Mar 26. The market recorded 230 transactions valued at ₹581 Cr, with an average registered rate of ₹17,850 per sq ft. This signifies a healthy and active real estate market with consistent buyer engagement.

Property Rental Trends in Gandhi Nagar, Mumbai

Rental Trends by Unit Type

The rental market in Gandhi Nagar shows specific demand for larger configurations. 3 BHK apartments, for instance, are particularly sought after, commanding an average rental rate of ₹2.68 Lakh per month for residential apartment properties. This indicates a strong preference and premium for spacious living options within the locality.

Unit Type Rate (₹)
3 Bhk 2,68,125
Rental Trends by Nearby Localities

Gandhi Nagar's rental market, averaging ₹215 per sq ft, shows varied performance when compared to its neighbors. While it outperforms areas like Bandra East (₹184 per sq ft) and Kherwadi (₹157 per sq ft), some localities such as Valmiki Nagar (₹265 per sq ft) and B Block Bkc (₹258 per sq ft) exhibit higher average rental rates. Notably, Bandra East saw a -2.65% change, and Bandra Kurla Complex a -4.2% change, while Kherwadi recorded an 8.28% increase, showcasing diverse trends across the broader region.

Locality Rate (₹/sq.ft) Change %
Bandra East 184 -2.65
Kherwadi 157 8.28
Government Colony 188 -
Ambedkar Nagar 167 -
Patkar Blocks 185 -
B Block Bkc 258 -
Valmiki Nagar 265 2.71
Govind Dham 177 0.57
Bandra Kurla Complex 228 -4.2
St. Peters Colony 199 5.85
Country/City
Popular Searches
Property Type
New Projects in Mumbai
Popular Locality Categories in Mumbai
By BHK
Budget
Popular Searches
Property Type
By BHK
Budget
By Occupant Type
For Buyers / Owners
For Tenants
For Agents
For Builders & Banks