Property Rates in Govind Nagar, Mumbai

Property rates in Govind Nagar's surrounding areas exhibit a diverse range, offering options for various budgets. Ashtavinayak Nagar commands the highest average rate at ₹34,883 per sq ft, while Eksar also stands out with a significant 16.6% increase, reaching ₹33,501 per sq ft. Borivali East has seen healthy growth of 7.85%, with average rates at ₹33,053 per sq ft. In contrast, Mandapeshwar provides a more affordable entry point at ₹23,913 per sq ft. Areas like Ic Colony and Borivali West have experienced slight adjustments, with rates around ₹29,188 per sq ft and ₹30,314 per sq ft respectively.

In Govind Nagar, the rental market for residential properties shows a clear trend for 1 BHK apartments. These units, typically classified as residential apartments, command an average rental rate of ₹42,000 per month, highlighting their demand among tenants.

The rental market in and around Govind Nagar displays varied average rates across localities. Mhatre Wadi stands out with the highest average rental rate at ₹97 per sq ft, followed by Kastur Park at ₹85 per sq ft. Prem Nagar averages ₹78 per sq ft, while Babhai Naka offers rentals at ₹75 per sq ft. Vazira presents the lowest average rental rate among these areas at ₹68 per sq ft, with some localities like Eksar and Vazira experiencing slight dips of -1.39% and -1.45% respectively.