Property Rates in Gundavali, Mumbai 2026

Property prices in Gundavali have shown a consistent upward trajectory throughout the recent quarters. The micromarket rate rose from ₹33,100 per sq ft in September 2025 to ₹34,600 in December 2025, further increasing to ₹34,900 in March 2026, and reaching ₹35,900 per sq ft by June 2026. This sustained growth indicates a resilient market environment for investors and end-users alike.

The average asking price in Gundavali is significantly higher than the Government Registration Rate. While the current market asking price is ₹35,900 per sq ft as of June 2026, the Government Registration Rate is recorded at ₹20,150 per sq ft for the period between August 2025 and July 2026. This gap is common in premium micromarkets and suggests that buyers should account for a premium over the government-benchmarked value when budgeting for a property purchase.

As of June 2026, the average rental rate in Gundavali is ₹229 per sq ft. This rate has remained stable with no percentage change recorded, indicating a period of price equilibrium in the local rental market. For those considering office spaces, the average rental rate is ₹250 per sq ft, which has seen a notable appreciation of 13.1% compared to previous periods.

As of June 2026, a 1 BHK apartment in Gundavali commands an average monthly rent of ₹65,000. This data point is essential for tenants and landlords to gauge the entry-level rental cost in the locality, reflecting the current demand for compact residential units in this part of Mumbai.

Rental rates in the vicinity of Gundavali show distinct variations based on the specific neighbourhood. As of June 2026, areas like MIDC, Lohana Colony, Shree Ram Nagar, and Kondivita command higher rental rates of ₹150 per sq ft. In contrast, neighbourhoods such as Chakala, Jijamata Colony, Sher E Punjab Colony, Andheri East, Bamanwada, and Vijay Nagar maintain a rental rate of ₹100 per sq ft. Notably, Kondivita has seen a significant rental appreciation of 9.65%, while Chakala has experienced a 10.28% increase, whereas Sher E Punjab Colony saw a depreciation of 3.74% over the same period.

As of June 2026, Ready To Move properties in Gundavali are priced at an average of ₹29,600 per sq ft. This category has experienced an appreciation of 4.46% compared to the previous period, which reflects a strong preference among buyers for immediate possession and reduced construction risk.

Ashiyana CHS is a notable project in Gundavali, with a current listing rate of ₹29,600 per sq ft as of June 2026. This project has seen its listing rate appreciate by 4.46% over the recent period, making it a key reference point for those tracking residential property values in the Mumbai western suburbs.

Property prices vary significantly across the region surrounding Gundavali. As of June 2026, Gulmohar Road commands a premium average rate of ₹57,900 per sq ft, having appreciated by 0.27%. Conversely, Jogeshwari East is more accessible, with an average rate of ₹28,750 per sq ft, which has seen a slight depreciation of 0.82% from the previous period. These differences highlight the diverse price points available to buyers depending on their preferred proximity to key commercial hubs.

The transaction data, which shows 71 registrations with a gross value of ₹96 Cr between August 2025 and July 2026, serves as a vital indicator of market liquidity. A healthy volume of registrations at a registered rate of ₹20,150 per sq ft suggests active market participation. Potential buyers should use this information to validate the market's velocity and ensure their purchase price aligns with the broader transaction trends observed in the locality.