Property Rates in Govind Nagar, Mumbai 2026

The current average asking price in Govind Nagar is significantly higher than the Government Registration Rate of ₹19,450 per sq ft, which is based on transaction data recorded between August 2025 and July 2026. While the registration rate provides a baseline for official documentation, the market-driven asking price reflects current seller expectations and the premium nature of the locality.

As of June 2026, the average rental rate for apartments in Govind Nagar is ₹100 per sq ft, which has appreciated by 6% compared to the previous period. This steady rental value highlights the consistent demand for residential leasing in the area, making it a viable option for those looking to reside in this well-connected part of the city.

As of June 2026, a 1 BHK apartment in Govind Nagar commands an average monthly rent of ₹42,000, while a 2 BHK apartment is typically available at an average monthly rent of ₹65,000. These figures provide a clear benchmark for tenants and landlords, reflecting the current market value for standard residential configurations in the locality.

Property prices in Govind Nagar are part of a broader, high-value real estate landscape in the region. For comparison, as of June 2026, Mahavir Nagar commands a higher average rate of ₹36,450 per sq ft (which appreciated by 2.36%), while Eksar is priced at ₹34,950 per sq ft (up by 3.38%). Other nearby areas like Borivali East and Shimpoli are priced at ₹34,750 per sq ft and ₹33,600 per sq ft, respectively, helping potential buyers benchmark their investment against the wider Borivali West micromarket.

As of June 2026, Ready To Move properties in Govind Nagar are available at an average price of ₹23,550 per sq ft. This rate has remained stable with 0% change, providing a predictable entry point for end-users who prefer immediate possession over under-construction options.

As of June 2026, Balwant CHS leads with a listing rate of ₹24,800 per sq ft, although this represents a depreciation of 20.65% compared to the previous period. Other notable projects include Jay Mayurasan CHS, priced at ₹23,000 per sq ft (an appreciation of 1.33%), and Mangalam CHS Malad, priced at ₹22,900 per sq ft (an appreciation of 1.21%).

Rental rates across the region show varying levels of growth, indicating different levels of tenant demand. For instance, while many areas like Roshan Nagar, Eksar, and Kastur Park maintain a steady rental rate of ₹100 per sq ft, areas like Yogi Nagar have seen significant appreciation of 24.66%, and Vazira, while currently at a lower rate of ₹50 per sq ft, has also seen a sharp appreciation of 22.41% as of June 2026. Investors should look at these growth percentages to identify areas where rental demand is accelerating most rapidly.