Property Rates in Govandi East, Mumbai

Govandi East, a prominent locality in Mumbai, currently commands an average asking price of ₹38,330 per sq ft. The registered rate stands at a more accessible ₹5,250 per sq ft, indicating a notable difference between listed and transacted values. Analyzing quarterly trends, Govandi East saw its location rate peak at ₹38,390 per sq ft in September 2025, after a dip to ₹34,777 in March 2025, settling at ₹37,357 per sq ft by December 2025. Compared to neighboring areas, Govandi East's asking price aligns with Deonar (₹38,330 per sq ft), while being significantly higher than Govandi (₹24,410 per sq ft) and Mankhurd (₹18,023 per sq ft). Notably, Pant Nagar has shown robust growth with a 16.56% increase, reaching ₹30,656 per sq ft. The market is primarily driven by apartment sales, with an average price of ₹38,330 per sq ft, reflecting a 2.6% increase. Buyers have varied choices, including 33 Ready To Move units at ₹25,779 per sq ft and 1 Under Construction project priced at ₹26,753 per sq ft, which has seen a 4.86% price increase. Runwal Serene leads in asking rates at ₹41,950 per sq ft, showcasing premium offerings. For transactions, Shivneri CHS Mankhurd recorded 4 deals, while Jai Maharashtra CHS had 3, indicating active buyer engagement. From April 2025 to March 2026, the area witnessed 152 property registrations, amounting to a gross value of ₹53 crore, underscoring a healthy transaction volume.