Mumbai
Goregaon East has established itself as a prime residential hub in Mumbai, characterized by high-value projects and consistent market activity. Current property rates hover around ₹35,500 per sq ft, supported by a robust pipeline of under-construction projects and a steady supply of ready-to-move homes. The rental market is equally active, with an average rental rate of ₹107 per sq ft and yields reaching 3.62%, appealing to both tenants and long-term investors. Government registration data confirms this momentum, with 266 transactions recorded recently. Developers like Oberoi Realty continue to shape the skyline, further cementing the area's reputation for premium living.
As of September 2026, the average asking price in Goregaon East is ₹35,500 per sq ft. This figure reflects a depreciation of 6.44% compared to the previous period, suggesting a market correction or a shift in the current inventory mix available for sale.
The average asking price in Goregaon East currently stands at ₹35,500 per sq ft, while the Government Registration Rate is ₹22,000 per sq ft. This variance highlights the difference between market-driven valuations and the benchmark rates used for official property registration purposes in the locality.
Property rates in Goregaon East have shown a fluctuating trajectory leading up to September 2026. The location rate was ₹35,500 per sq ft in June 2026, following a peak of ₹37,950 per sq ft in March 2026 and ₹35,350 per sq ft in December 2025. This volatility indicates that buyers and investors should monitor these quarterly shifts closely to understand the evolving demand-supply dynamics in the area.
Among the surrounding areas, Oshiwara commands the highest average asking price at ₹40,350 per sq ft, having appreciated by 12.14% recently. Conversely, Jogeshwari East offers a more accessible entry point with an average asking price of ₹28,900 per sq ft, which has seen a modest appreciation of 0.55%.
As of September 2026, the average asking price for an apartment in Goregaon East is ₹35,500 per sq ft, which has depreciated by 6.44%. In comparison, office spaces are priced at ₹38,050 per sq ft, showing an appreciation of 7.32%, while shops are priced at ₹38,250 per sq ft, reflecting a significant depreciation of 19.86% over the same period.
Ready-to-move properties in Goregaon East are currently priced at an average of ₹26,950 per sq ft, having appreciated by 2.81%. In contrast, under-construction projects are priced higher at ₹31,700 per sq ft, which represents a notable appreciation of 17.25%, indicating strong buyer confidence in new developments despite the premium.
The average rental rate in Goregaon East is ₹107 per sq ft as of September 2026, which has appreciated by 3.88%. The locality currently offers a rental yield of 3.62%, a key metric for investors to evaluate the potential annual income relative to the capital investment required for property acquisition.
Rental rates in Goregaon East vary significantly by unit size: a studio apartment averages ₹22,450 per month, while a 1 BHK costs ₹44,150 per month. Larger configurations command higher premiums, with 2 BHK units at ₹73,450 per month, 3 BHK units at ₹1.6 Lakh per month, 4 BHK units at ₹1.95 Lakh per month, and 5 BHK units reaching ₹3.26 Lakh per month.
Sohum CHS leads the rental market in Goregaon East with a current rental rate of ₹139 per sq ft, showing stable performance with 0% change. Other premium rental projects include Oberoi Realty Esquire at ₹137 per sq ft (depreciated by 3.52%) and Oberoi Realty Exquisite at ₹134 per sq ft (depreciated by 8.22%), reflecting the high demand for established, well-maintained residential complexes.
Oberoi Realty is currently the most active developer in Goregaon East, recording 2 transactions. Other notable developers contributing to the local market activity include Swastik Developers, Neha Group, Royal Palms India Pvt Ltd, Rustomjee, and Prince Developers Mumbai, each contributing to the diverse residential landscape of the area.
Buyers should use the provided data to compare the current average asking price of ₹35,500 per sq ft against historical quarterly trends and the Government Registration Rate of ₹22,000 per sq ft. By observing the appreciation or depreciation percentages across different property statuses and types, investors can identify whether the market is currently favoring entry into ready-to-move assets or if the growth in under-construction projects offers better long-term value.
