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Property Rates in Goregaon West, Mumbai

Comprehensive Market Snapshot

Goregaon West in Mumbai presents a dynamic real estate market with an average asking price of ₹32,501 per sq ft. The area sees a consistent registration rate of ₹22,180 per sq ft, indicating stable transaction values. While specific average rental rates are not detailed, the market shows varied performance across its sub-localities and property types. The overall asking price trend suggests fluctuations, with a notable dip from ₹33,639 in Dec 2025 to ₹32,501 in Mar 2026 for the location rate, while micromarket rates show a different trajectory. Rental yield stands at 3.66%, with apartments averaging ₹99 per sq ft for rent.

  • Asking Sale Price₹ 32,501 /sq.ft
  • Govt. Registration Prices₹ 22,180 /sq.ft
  • Average Rental₹ 99 /sq.ft
  • Rental Yield3.66 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Rental Trends
  • Other Property Rates

Insights for Goregaon West, Mumbai Real Estate Market

Goregaon West, Mumbai, exhibits a complex real estate landscape with an average asking price of ₹32,501 per sq ft and a registration rate of ₹22,180 per sq ft. The price trend for the location shows a slight decrease from ₹33,639 in December 2025 to ₹32,501 in March 2026, while micromarket rates have seen significant volatility, rising from ₹21,028 in June 2025 to ₹34,893 in March 2026. In terms of rental market, the average rental rate is ₹99 per sq ft with a rental yield of 3.66%. Apartments are the dominant residential property type, with rents varying by BHK configuration, ranging from ₹26,000 for a Studio to ₹1.51 Lakh for a 4 BHK. Mitha Nagar leads in rental rates at ₹103 per sq ft, a notable increase of 7.29% year-on-year. The market sees substantial activity, with 1959 transactions recorded between May 2025 and April 2026, totaling ₹2,521 Cr. Top developers like Kalpataru lead in transaction volumes, while projects such as Kalpataru Radiance stand out for their high transaction counts and values.

Market Strengths Market Strengths
  • The property type 'shop' shows strong growth with an average price of ₹53,034 per sq ft and a 5.16% increase, indicating robust commercial demand.
  • Oshiwara and Jogeshwari West are among the higher-priced micro-markets, averaging ₹36,002 and ₹31,253 per sq ft respectively, highlighting their premium appeal.
  • Rental rates in Best Nagar have surged by 35.23% year-on-year, reaching ₹119 per sq ft, indicating strong rental demand and appreciation potential in this locality.
  • Apartments offer a 3.66% rental yield, with strong average monthly rents for 1 BHK (₹40,363) and 2 BHK (₹64,775) units, suggesting consistent rental income.
  • Under Construction properties are showing positive momentum with a 1.74% increase and an average price of ₹27,911 per sq ft, indicating developer confidence and buyer interest in future supply.
  • Kalpataru Radiance leads in transactions with 14 units, and Wadhwa Imperial Heights with 5 units, demonstrating significant buyer traction in these projects.
Market Challenges Market Challenges
  • Villas have seen a significant price drop of 11.59%, currently averaging ₹23,287 per sq ft, indicating a challenging market segment.
  • The overall location rate has seen a dip from ₹33,639 to ₹32,501 between December 2025 and March 2026, suggesting potential market cooling in certain segments.
  • The micromarket rate for Bangur Nagar shows a slight decrease of 0.2%, indicating localized market softness despite broader positive trends.
Investment Opportunities Investment Opportunities
  • Apartments in Goregaon West offer a rental yield of 3.66%, with 1 BHK units averaging ₹40,363 per month and 2 BHK units at ₹64,775 per month, indicating steady rental income potential.
  • The property type 'shop' shows a positive trend with an average price of ₹53,034 per sq ft and a 5.16% increase, suggesting growth opportunities in the commercial segment.
  • Areas like Best Nagar exhibit a strong year-on-year rental increase of 35.23%, reaching ₹119 per sq ft, presenting potential for capital appreciation in rental values.
  • Under Construction properties are priced at ₹27,911 per sq ft with a 1.74% increase, offering potential for future appreciation as they near completion.
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Property Price Trends in Goregaon West, Mumbai

Asking Price Trends

The asking price trends in Goregaon West indicate a dynamic market. After experiencing a rate of ₹33,639 per sq ft in December 2025, the location's average rate saw a dip to ₹32,501 per sq ft by March 2026. Meanwhile, micromarket rates have shown a more pronounced upward trend, surging from ₹21,028 in June 2025 to ₹34,893 in March 2026, suggesting varied growth patterns within the broader area.

Quarter City Rate
Mar 2026 32501
Dec 2025 33639
Sep 2025 33058
Jun 2025 29746
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Price Trends by Property Type

Goregaon West's property market caters to diverse needs, with apartments averaging ₹32,501 per sq ft, though showing a 3.38% decrease. Shops represent a premium segment, priced at ₹53,034 per sq ft with a 5.16% increase. Office spaces are available at ₹30,889 per sq ft, reflecting a 1.72% rise. Villas are priced at ₹23,287 per sq ft, experiencing a notable 11.59% decline.

Type Rate (₹/sq.ft) Change %
Shop 53,034 5.16
Office Space 30,889 1.72
Villa 23,287 -11.59
Apartment 32,501 -3.38
Price Trends by Project Status

The Goregaon West market offers properties across various development stages. Ready To Move properties, comprising 476 units, are priced at ₹27,421 per sq ft with a marginal 0.15% increase. Under Construction projects, numbering 69 units, average ₹27,911 per sq ft, showing a 1.74% rise. New Launch projects, with 14 units, are priced at ₹26,396 per sq ft, indicating steady new supply.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 691 27,272 0.4
Under Construction 69 27,911 1.74
New Launch 14 26,396 0.86
Price Trends by Localities

Goregaon West's real estate pricing varies significantly across its micro-markets. Bangur Nagar commands an average rate of ₹36,898 per sq ft, despite a slight decrease of 0.2%. Oshiwara and Jogeshwari West are priced higher, averaging ₹36,002 and ₹31,253 per sq ft respectively, with Jogeshwari West showing a strong 10.97% increase. Areas like Unnat Nagar and Evershine Nagar are more affordable, averaging around ₹23,857 and ₹23,888 per sq ft, indicating distinct investment opportunities within the locale.

Location Rate (₹/sq.ft) Change %
Unnat Nagar 23,857 -
Bangur Nagar 36,898 -0.2
Sunder Nagar 29,333 -
Oshiwara 36,002 24.2
Malad West 30,173 8.1
Jogeshwari West 31,253 11
Lokhandwala Complex 35,222 -1.8
Dindoshi 29,330 9.1
Veera Desai Road 33,762 -
Evershine Nagar 23,888 -

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Goregaon West are setting high benchmarks for asking prices. Shri Niketan CHS leads with a rate of ₹69,885 per sq ft, marking a significant 31.02% increase. Ekta World Tripolis and Sahakar Vogue 77 also feature prominently, priced at ₹41,604 and ₹41,377 per sq ft respectively. These developments represent the upper echelon of the market, attracting discerning buyers.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Shri Niketan Chs 69,885 31
Ekta World Tripolis 41,604 0.6
Sahakar Vogue 77 41,377 70.2
Ekta World Skypolis 41,352 -
Ekta Chronicles 41,352 -
Sai Baba Enclave 39,795 -
Mahindra Eminente 38,889 -
Yug Dharma Cooperative Hsg Society 38,805 -
Anmol Tower 38,697 1.4
Anmol Towers 38,697 1.4
Project Name Current Price (₹/sq.ft) Sale Value Change %
Kalpataru Radiance 36,420 ₹ 45.31 Cr 4
Wadhwa Imperial Heights 35,679 ₹ 19.72 Cr 22.7
Chandak 34 Park Estate 31,115 ₹ 8.43 Cr 7.7
Ekta Tripolis 37,673 ₹ 7.74 Cr 16.8
Siddha Chs 23,529 ₹ 7.25 Cr 3.5
Mahindra Eminente 38,889 ₹ 6.12 Cr -8.4
Shreedham Classic 32,235 ₹ 4.65 Cr 2.4
Rustomjee Ozone 34,754 ₹ 4.5 Cr -
Nd Palai Towers 25,961 ₹ 4.41 Cr -
The Wadhwa Anmol Fortune 34,488 ₹ 4.09 Cr 17.4
Project Name Current Price (₹/sq.ft) Transactions Change %
Kalpataru Radiance 36,420 14 4
Chandak 34 Park Estate 31,115 7 7.7
Wadhwa Imperial Heights 35,679 5 22.7
Kabra Diamante 35,555 3 -
Jal Padma Chs 25,568 3 -26.3
Ekta Tripolis 37,673 2 16.8
The Wadhwa Anmol Fortune 34,488 2 17.4
Raheja Solitaire 32,352 2 27
Shreedham Classic 32,235 2 2.4
Sethia Sea View 28,530 2 -11.3
Top Projects by Rental Rates

Within Goregaon West's rental market, projects like NVN ODC 1 lead with a current rental rate of ₹131 per sq ft, showing a significant 18.02% year-on-year increase. Riddhi Siddhi Heights Goregaon West and Raj Spaces Apartment are also notable, priced at ₹125 and ₹123 per sq ft respectively, with no reported change. These projects highlight the premium rental options available.

Project Name Rate (₹/sq.ft) Change %
Nvn Odc 1 131 18.02
Riddhi Siddhi Heights Goregaon West 125 -
Raj Spaces Apartment 123 -
Radius Imperial Heights 120 11.11
Kalpataru Regalia 120 -
Kbj One 120 -0.83
Geetanjali Chs Goregaon West 119 80.3
Ekta Chs Goregaon 117 5.41
Sarvodaya Chs Goregaon 116 -
Sea View Goregaon 116 16
Top Developers by Transaction Count

Premium residential developments in Goregaon West are setting high benchmarks for asking prices. Shri Niketan CHS leads with a rate of ₹69,885 per sq ft, marking a significant 31.02% increase. Ekta World Tripolis and Sahakar Vogue 77 also feature prominently, priced at ₹41,604 and ₹41,377 per sq ft respectively. These developments represent the upper echelon of the market, attracting discerning buyers.

  • By Transaction
Developer Transactions
Kalpataru 43
The Wadhwa Group 8
Chandak 7
Kabra 6
Galaxy Constructions 5
Shubhangan Group Of Companies 4
Reliable Constructions Pune 3
Sethia Infrastructure 3
Shreedham 3

Government Registration in Goregaon West, Mumbai

  • Sales Transactions1,959
  • Gross Sales Value₹ 2,521 Cr
  • Registered Rate₹ 22,200 /sq.ft

Goregaon West's real estate market demonstrated considerable activity between May 2025 and April 2026, with 1959 transactions recorded and a gross value of ₹2,521 Cr. The average registration rate stood at ₹22,200 per sq ft. Kalpataru emerged as the leading developer by transactions, while projects like Kalpataru Radiance saw the highest number of deals, indicating strong buyer confidence and market momentum.

Property Rental Trends in Goregaon West, Mumbai

Rental Trends by Unit Type

Goregaon West's rental market shows a clear progression in pricing based on BHK configuration. Studio apartments are available for an average of ₹26,000 per month, while 1 BHK units command ₹40,363. Larger configurations see higher rents, with 2 BHK apartments averaging ₹64,775, 3 BHK units at ₹97,340, and 4 BHK apartments reaching ₹1.51 Lakh per month.

Unit Type Rate (₹)
Studio 26,000
1 Bhk 40,363
2 Bhk 64,775
3 Bhk 97,340
4 Bhk 1,50,786
Rental Trends by Nearby Localities

Rental rates across Goregaon West's localities show variation. Best Nagar leads with an average of ₹119 per sq ft, experiencing a substantial 35.23% year-on-year increase. Mitha Nagar and Shri Nagar follow with ₹103 and ₹97 per sq ft respectively, showing positive and negative changes of 7.29% and -8.49%. Motilal Nagar and Unnat Nagar are priced around ₹96 and ₹101 per sq ft.

Locality Rate (₹/sq.ft) Change %
Mitha Nagar 103 7.29
Shri Nagar 97 -8.49
Motilal Nagar 96 -2.04
Unnat Nagar 101 -3.81
Bangur Nagar 94 6.82
Mahesh Nagar 97 -
Udyog Nagar 100 -
Best Nagar 119 35.23
Ram Nagar 105 -
Sonawala Industry Estate 102 -5.56
Rental Trends by Property Type

Apartments are the most common rental property type in Goregaon West, averaging ₹99 per sq ft with a 1.02% increase. Office spaces are priced higher at ₹181 per sq ft, though they have seen a 5.73% decrease. Villas, averaging ₹80 per sq ft, have experienced a 3.9% rise, indicating varied demand across property segments.

Property Type Rate (₹/sq.ft) Change %
Office Space 181 -5.73
Villa 80 3.9
Apartment 99 1.02
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