Property Rates in Govind Nagar, Mumbai 2026

The current average asking price in Govind Nagar is ₹35,900 per sq ft as of June 2026, which is significantly higher than the Government Registration Rate of ₹19,450 per sq ft recorded between October 2025 and September 2026. This gap between the market-driven asking price and the government-registered value often highlights the premium buyers are willing to pay for current market amenities and location advantages in this area.

As of June 2026, Ready To Move properties in Govind Nagar are priced at an average of ₹23,550 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation for completed inventory in the locality.

Property rates in Govind Nagar, currently at ₹35,900 per sq ft as of June 2026, are among the higher-priced segments in the vicinity. For comparison, Mahavir Nagar is priced at ₹36,450 per sq ft (which appreciated by 2.36%), Eksar at ₹34,950 per sq ft (which appreciated by 3.38%), and Borivali East at ₹34,750 per sq ft (which appreciated by 7.13%). These variations reflect the specific micro-location benefits and infrastructure development levels across these neighbouring areas.

As of June 2026, top projects in Govind Nagar include Balwant CHS at ₹24,800 per sq ft, which has seen a depreciation of 20.65% compared to previous periods. Other notable projects include Jay Mayurasan CHS at ₹23,000 per sq ft, which appreciated by 1.33%, and Mangalam CHS Malad at ₹22,900 per sq ft, which appreciated by 1.21%.

The average rental rate in Govind Nagar is ₹100 per sq ft as of June 2026, a figure that has remained stable with a 0% change over the observed period. This rental benchmark is consistent across various local sub-areas, providing a reliable baseline for both tenants and landlords evaluating the rental market in this locality.

As of June 2026, the average monthly rent for a 1 BHK apartment in Govind Nagar is ₹42,000, while a 2 BHK apartment commands an average of ₹65,000 per month. These rates provide clear guidance for tenants looking for residential options and for investors assessing the income potential of different unit sizes in the locality.

Rental rates across the vicinity of Govind Nagar show significant variance, with most areas like Roshan Nagar, Prem Nagar, Yogi Nagar, and Babhai Naka commanding ₹100 per sq ft as of June 2026. Notably, rental rates in Vazira have appreciated by 36.21%, while Yogi Nagar saw an appreciation of 26.03% and Babhai Naka an appreciation of 14.63%. Conversely, Eksar is priced lower at ₹50 per sq ft, which reflects a depreciation of 1.33%.

Apartments in Govind Nagar are currently renting at an average of ₹100 per sq ft as of June 2026, having experienced an appreciation of 13% compared to the previous period. This growth suggests a strengthening rental market for apartment-style living, likely driven by consistent demand for residential space in the locality.