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Property Rates in Govandi, Mumbai

Comprehensive Market Snapshot

Govandi's real estate market currently presents an average asking price of ₹22,919 per sq ft, with no registration rates reported. The rental market offers an average rental rate of ₹84 per sq ft, yielding approximately 4.40%. Apartments are the primary property type, with 1 BHK units averaging ₹46,500 per month and 2 BHK units at ₹62,833 per month. The market shows a mix of property statuses, including Ready To Move inventory. Notable projects like Himalaya CHS Govandi are priced around ₹26,539 per sq ft.

  • Asking Sale Price₹ 22,919 /sq.ft
  • Average Rental₹ 84 /sq.ft
  • Rental Yield4.40 %

Insights for Govandi, Mumbai Real Estate Market

Govandi's property market is currently priced at an average of ₹22,919 per sq ft, with future projections indicating a slight increase towards March 2026. The micromarket rate, however, shows significant fluctuations, currently standing at ₹37,242 in March 2026, but was notably lower in December 2025 at ₹20,017. The rental landscape in Govandi is active, with an average rental yield of 4.40% and an overall average rental rate of ₹84 per sq ft. Specific sub-locations like Govandi East show a higher average rental rate of ₹103 per sq ft, though this has seen a significant decrease of -15.57% year-on-year. Residential apartments are the dominant property type, with 1 BHK units commanding approximately ₹46,500 per month and 2 BHK units reaching ₹62,833 per month. Among top rental projects, Nav Munjal Nagar CHS leads with a current rental rate of ₹99 per sq ft.

Property Valuation

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

Property Price Trends in Govandi, Mumbai

Asking Price Trends

The asking price in Govandi has shown some quarterly movement, standing at ₹22,919 per sq ft in March 2026. Looking back, the rate was ₹22,251 in December 2025 and ₹22,972 in September 2025. The micromarket rate, however, has experienced more significant shifts, reaching ₹37,242 in March 2026 after being ₹20,017 in December 2025.

Quarter City Rate
Mar 2026 22919
Dec 2025 22251
Sep 2025 22972
Jun 2025 22905
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Price Trends by Property Type

Apartments are the primary residential offering in Govandi, currently priced at an average of ₹22,919 per sq ft, showing a 3% increase. This segment caters to the core housing demand within the locality.

Type Rate (₹/sq.ft) Change %
Apartment 22,919 3
Price Trends by Project Status

Govandi's property market offers a variety of inventory statuses to suit buyer needs. Ready To Move properties, comprising 12 units, are priced at an average of ₹22,876 per sq ft, though they have seen a slight decrease of -2.95%. Partially Ready To Move projects, with 2 units, are available at ₹21,505 per sq ft.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 21 22,494 -2.84
Price Trends by Localities

Govandi's real estate market exhibits diverse pricing across its localities. Govandi East commands the highest average price at ₹39,182 per sq ft, marking a slight increase of 2.06%. Deonar, sharing the same average rate, has seen a minor dip of -1.08%. In contrast, Govandi West is priced more affordably at ₹28,642 per sq ft. Further afield, Mankhurd offers a more budget-friendly option at ₹18,023 per sq ft.

Location Rate (₹/sq.ft) Change %
Govandi East 39,182 2.1
Deonar 39,182 -1.1
Govandi West 28,642 -
Subhash Nagar 23,793 1.1
Mankhurd 18,023 -
Garodia Nagar 30,541 -
Tilak Nagar 26,435 -8.3
Ghatkopar East 28,101 -4.8
Chembur 33,147 2.7
Pant Nagar 30,986 17.8

Project and Developer Insights

Top Projects in Govandi
Purva Clermont is the top project in Govandi with prices from ₹ 2.46 Cr to 4.61 Cr.
Purva Clermont ₹ 2.45 Cr - ₹ 4.60 Cr
  • Mumbai Harbour, Mumbai
JP Icons 71 ₹ 4.58 Cr - ₹ 7.57 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya ₹ 3.99 Cr - ₹ 15.71 Cr
  • Mumbai Harbour, Mumbai
Chandak Highscape City ₹ 1.4 Cr - ₹ 3.07 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya Ahan ₹ 3.38 Cr - ₹ 5.07 Cr
  • Mumbai Harbour, Mumbai
Shapoorji Pallonji The Canvas Residences ₹ 2.75 Cr - ₹ 3.60 Cr
  • Mumbai Harbour, Mumbai
Ruparel Vivanza ₹ 1.62 Cr - ₹ 4.16 Cr
  • Mumbai Harbour, Mumbai
Paradigm 71 Midtown ₹ 1.12 Cr - ₹ 1.93 Cr
  • Mumbai Harbour, Mumbai
Godrej Sky Terraces ₹ 7.8 Cr - ₹ 11.22 Cr
  • Mumbai Harbour, Mumbai
L And T The Gateway ₹ 7.2 Cr - ₹ 12.61 Cr
  • Mumbai Harbour, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates

Several projects in Govandi are setting benchmarks for asking prices. Himalaya CHS Govandi leads with a rate of ₹26,539 per sq ft. Charisma Navdurga Apartments follows at ₹25,180 per sq ft, while Nidhaan Ankur is priced at ₹24,475 per sq ft. Sai Sadan Govandi offers a slightly lower rate of ₹24,396 per sq ft.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Himalaya Chs Govandi 26,539 -
Charisma Navdurga Apartments 25,180 -3
Nidhaan Ankur 24,475 -0.6
Sai Sadan Govandi 24,396 0.3
Nav Munjal Nagar Chs 22,851 1.3
Sulabha Apartment 22,705 -
Balmurali Chs Govandi 22,295 -
Om Sai Ganesh Chs Govandi 22,116 -
Nilgiri Apartment Govandi 22,090 -
Dakshata Police Chs 22,086 0.9
Top Projects by Rental Rates

Among top rental projects in Govandi, Nav Munjal Nagar CHS leads with a current rental rate of ₹99 per sq ft. Charisma Samarpan follows at ₹94 per sq ft, while Temple View Govandi is listed at ₹86 per sq ft.

Project Name Rate (₹/sq.ft) Change %
Nav Munjal Nagar Chs 99 -
Charisma Samarpan 94 -
Temple View Govandi 86 -
Sai Sadan Govandi 82 -
Tiranga Chs Govandi 78 -
Om Sai Ganesh Chs Govandi 76 -
Kiran Chs Govandi 76 -
Balmurali Chs Govandi 74 -
Himalaya Chs Govandi 73 -
Mj Shah Centrio 73 -
Top Developers in Mumbai
Charisma Builders leads in Mumbai with 11 projects and years of experience.
DLF
Charisma Builders ₹ 63.5 L - ₹ 2.4 Cr
  • 11 Projects
DLF
Nidhaan Buildcon Pvt Ltd ₹ 2.1 Cr - ₹ 4.79 Cr
  • 5 Projects
DLF
Sanjona Builders
  • 2 Projects
DLF
PL7 Realty Pvt Ltd ₹ 1.48 Cr - ₹ 3.89 Cr
  • 2 Projects
DLF
MJ Shah Group ₹ 1.35 Cr - ₹ 25.19 Cr
  • 2 Projects
DLF
Ratnaakar Shelters ₹ 95 L - ₹ 1.33 Cr
  • 1 Projects
View More

Recent Registered Transactions in Govandi

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-11-03 Floor 1, Unit 6 A 510 Sq.Ft. 🔒 🔒
2025-10-25 Floor G, Unit H-5-9 N/A 292 Sq.Ft. 🔒 🔒
2025-10-07 Floor 18, Unit 1802 C 370 Sq.Ft. 🔒 🔒
2025-10-07 Floor 2, Unit 207 20C 225 Sq.Ft. 🔒 🔒
2025-09-20 Floor 5, Unit 506 Narmada, A 225 Sq.Ft. 🔒 🔒
2025-09-04 Floor 4, Unit 407 2B 225 Sq.Ft. 🔒 🔒
2025-08-28 Floor 1, Unit 106 12B 225 Sq.Ft. 🔒 🔒
2025-08-28 Floor 1, Unit 105 12B 225 Sq.Ft. 🔒 🔒
2025-08-21 Floor 6, Unit 604 32A 225 Sq.Ft. 🔒 🔒
2025-08-18 Floor 4, Unit 408 8, C 225 Sq.Ft. 🔒 🔒

Property Rental Trends in Govandi, Mumbai

Rental Trends by Unit Type

In Govandi's rental market, 1 BHK apartments are available on average for ₹46,500 per month, while 2 BHK apartments command higher rents at approximately ₹62,833 per month. These figures represent average rates for residential apartments.

Unit Type Rate (₹)
1 Bhk 46,500
2 Bhk 62,833
Rental Trends by Nearby Localities

Rental rates vary across Govandi's sub-locations, with Govandi East showing an average of ₹103 per sq ft, despite a significant year-on-year decrease of -15.57%. Deonar also registers a high average rental rate of ₹109 per sq ft, with a decrease of -10.66%. Conversely, Mankhurd offers more affordable rentals at ₹68 per sq ft.

Locality Rate (₹/sq.ft) Change %
Govandi East 103 -15.57
Deonar 109 -10.66
Subhash Nagar 87 -9.37
Mankhurd 68 -
Borla 80 -
Charai 92 -
Chembur Colony 97 -14.16
Barrister Nath Pai Nagar 114 7.55
Postal Colony 136 -
Tilak Nagar 95 -
Country/City