Gundavali Property Rates

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Property Rates in Gundavali

Property rates in Gundavali average ₹26,350 per sq ft. The market displays a distinct focus on ready-to-move housing options, which cater to buyers seeking immediate possession in this part of Mumbai. Rental activity remains a robust component of the local real estate landscape, with office spaces commanding an average rate of ₹250 per sq ft, reflecting a significant year-on-year growth of 18.34 percent for commercial leasing demand in the area.

Insights

Insights for Gundavali, Mumbai Real Estate Market Overview

The real estate market in Gundavali presents a unique blend of residential and commercial opportunities, driven by its strategic connectivity within Mumbai. While the residential sector focuses on established ready-to-move projects, the commercial segment has witnessed strong momentum, particularly in the office space category. Government registration data confirms consistent transaction activity, underscoring the area's appeal to both end-users and investors. Rental yields are supported by diverse unit configurations, providing steady income potential for property owners.

Ready-to-move residential properties currently average ₹26,350 per sq ft.
Office spaces have seen a notable rental growth of 18.34 percent, reaching ₹250 per sq ft.
The area recorded 39 registered transactions with a total gross value of ₹52 Cr.
1 BHK residential apartments command an average monthly rent of ₹65,000.
Residential rental rates across the broader region show varied performance, with some pockets like Marol experiencing a 6.6 percent growth.

Market Strengths

Commercial office space rentals show robust health with an 18.34 percent year-on-year increase.
The area maintains a solid transaction volume with 39 registrations recorded in the recent period.
A diverse range of rental options exists, with 1 BHK units providing clear monthly income benchmarks.
Proximity to high-performing micromarkets like Amboli, which grew by 2.16 percent, supports local property valuation.
The market supports a healthy gross transaction value of ₹52 Cr, indicating consistent capital flow.

Market Challenges

Ready-to-move residential prices experienced a downward adjustment of -10.96 percent, reflecting a softening in the immediate occupancy segment.
Sher E Punjab Colony rental rates faced a decline of -20.56 percent, indicating localized pressure on leasing values.
Chakala residential rates saw a minor dip of -0.77 percent, suggesting a period of price consolidation.

Investment Opportunities

Office space rentals have surged by 18.34 percent, signaling strong growth potential for commercial property investors.
The 1 BHK residential segment provides a stable rental income stream at ₹65,000 per month.
Ready-to-move residential assets are available at an average of ₹26,350 per sq ft, ideal for immediate rental yields.
Strategic proximity to areas like Marol, which saw a 6.6 percent price appreciation, suggests positive spillover growth for Gundavali.

Price Trend

Gundavali, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Gundavali Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Chakala	33,950	-0.8
Sher E Punjab Colony	33,450	0.5
Andheri East	31,700	0.1
Natwar Nagar	33,350	-
Amboli	36,000	2.2
Jb Nagar	37,100	-0.5
Jogeshwari East	28,900	0.6
Poonam Nagar	30,450	-
Gulmohar Road	57,050	-1.4
Marol	32,850	6.6

Real estate rates across the neighboring localities show significant variation, reflecting the diverse property landscape of the region. Jb Nagar commands a premium at ₹37,100 per sq ft, while Amboli stands at ₹36,000 per sq ft. Meanwhile, Chakala hovers around ₹33,950 per sq ft, and Marol remains competitive at ₹32,850 per sq ft. Jogeshwari East offers a more accessible entry point at ₹28,900 per sq ft.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	1	26,350	-11

The Gundavali market offers inventory primarily focused on immediate occupancy. Ready To Move projects currently average ₹26,350 per sq ft, providing a clear value proposition for buyers who prioritize instant possession over under-construction timelines.

Project & Developer Insights

Top Residential Projects and Developers in Gundavali

Kalpataru Vian ₹ 5.05 Cr - ₹ 9.63 Cr

Mumbai Western Suburbs, Mumbai

LnT Ahana ₹ 2.88 Cr - ₹ 7.01 Cr

Mumbai Western Suburbs, Mumbai

Purva Estrella ₹ 2.75 Cr - ₹ 7.75 Cr

Mumbai Western Suburbs, Mumbai

Adani Linkbay Residences ₹ 4.09 Cr - ₹ 9.37 Cr

Mumbai Western Suburbs, Mumbai

Mahindra Marina 64 ₹ 2.1 Cr - ₹ 5.61 Cr

Mumbai Western Suburbs, Mumbai

Kolte Patil Serenova ₹ 2.60 Cr - ₹ 4.97 Cr

Mumbai Western Suburbs, Mumbai

Godrej Skyshore ₹ 9.84 Cr - ₹ 16.49 Cr

Mumbai Western Suburbs, Mumbai

Godrej Bandra Bay ₹ 22.5 Cr - ₹ 51.25 Cr

Mumbai Western Suburbs, Mumbai

Mayfair Arth Price On Request

Mumbai Western Suburbs, Mumbai

Arkade Ascend ₹ 1.61 Cr - ₹ 5.48 Cr

Mumbai Western Suburbs, Mumbai

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Ashiyana Chs, Gundavali	26,350	-11

Premium residential developments in Gundavali are anchored by projects like Ashiyana CHS, which is currently priced at ₹26,350 per sq ft. This project represents the core of the local ready-to-move supply, serving as a key benchmark for residential value in the area.

Government Registrations

Government Registration in Gundavali, Mumbai

Official registration data highlights consistent activity in Gundavali, with 39 transactions recorded between Nov 25 and Oct 26. These deals represent a gross value of ₹52 Cr, with an average registered rate of ₹21,250 per sq ft, indicating a stable environment for property buyers.

Sales Transactions 39

Gross Sales Value ₹ 52 Cr

Registered Rate ₹ 21,250/Sq.Ft

Rental Trends

Rental Trends and Average Rent in Gundavali, Mumbai

Residential rental demand is highlighted by 1 BHK apartments, which command an average monthly rent of ₹65,000. These units remain a preferred choice for tenants seeking well-connected living spaces in the locality. Rental rates vary across the vicinity, with Kondivita, Lohana Colony, and Shree Ram Nagar all averaging ₹150 per sq ft. Meanwhile, Chakala, Andheri East, and Bamanwada maintain consistent rental rates of ₹100 per sq ft, with Chakala notably experiencing a 12.15 percent growth. Commercial office spaces are the primary driver of rental growth, averaging ₹250 per sq ft with an 18.34 percent increase. This performance underscores the high demand for professional workspaces in the area.

Gundavali Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
1 Bhk	65,000

Locality	Rate (₹/Sq.Ft)	Change %
Chakala	100	12.2
Midc	150	-
Jijamata Colony	100	-
Sher E Punjab Colony	100	-20.6
Kondivita	150	9.7
Andheri East	100	2.7
Bamanwada	100	-
Lohana Colony	150	-
Shree Ram Nagar	150	-
Vijay Nagar	100	-

Rental rates vary across the vicinity, with Kondivita, Lohana Colony, and Shree Ram Nagar all averaging ₹150 per sq ft. Meanwhile, Chakala, Andheri East, and Bamanwada maintain consistent rental rates of ₹100 per sq ft, with Chakala notably experiencing a 12.15 percent growth.

Property Type	Rate (₹/Sq.Ft)	Change %
Office Space	250	18.3

Commercial office spaces are the primary driver of rental growth, averaging ₹250 per sq ft with an 18.34 percent increase. This performance underscores the high demand for professional workspaces in the area.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Micromarket-Wise Property Price Trends Around Gundavali, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,000 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Gundavali, Mumbai

Gundavali, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Gundavali, Mumbai

What is the current average asking price in Gundavali?

As of Sep 2026, the average asking price in Gundavali for ready-to-move residential properties is ₹26,350 per sq ft. This rate has depreciated by 10.96% compared to the previous period, reflecting a market correction in the current inventory available for sale.

How does the average asking price in Gundavali compare to the Government Registration Rate?

The average asking price in Gundavali stands at ₹26,350 per sq ft, while the Government Registration Rate is recorded at ₹21,250 per sq ft for the period between Nov 2025 and Oct 2026. This difference often highlights the gap between market-driven seller expectations and the valuation benchmarks used for official property registrations.

How have property prices in the Gundavali micromarket trended recently?

Property prices in the Gundavali micromarket showed a fluctuating trend leading up to Sep 2026. The micromarket rate was recorded at ₹35,900 per sq ft in Jun 2026, up from ₹34,900 per sq ft in Mar 2026 and ₹34,600 per sq ft in Dec 2025, indicating a period of upward movement before the most recent data point.

What is the average rental rate in Gundavali and how has it changed?

The average rental rate in Gundavali is ₹271 per sq ft as of Sep 2026. This rate has seen a significant appreciation of 18.34% compared to the previous period, signaling strong demand for rental spaces in the locality.

What are the rental trends for different property types in Gundavali?

Rental rates in Gundavali are heavily influenced by property type, with office spaces currently commanding an average rent of ₹250 per sq ft as of Sep 2026. This segment has experienced an appreciation of 18.34% compared to the prior period, reflecting the growing commercial interest in the area.

What is the typical rent for a 1 BHK apartment in Gundavali?

As of Sep 2026, the average monthly rent for a 1 BHK apartment in Gundavali is ₹65,000. This figure provides a clear benchmark for tenants and investors looking to understand the entry-level residential rental market in this specific locality.

How do rental rates vary across neighbourhoods near Gundavali?

Rental rates in the vicinity of Gundavali show notable variation, with areas like MIDC, Kondivita, Lohana Colony, and Shree Ram Nagar commanding higher rates of ₹150 per sq ft as of Sep 2026. In contrast, localities such as Chakala, Jijamata Colony, Andheri East, Bamanwada, and Vijay Nagar maintain a more accessible average rental rate of ₹100 per sq ft. Notably, Chakala has seen an appreciation of 12.15% and Kondivita an appreciation of 9.65% from the previous period, while Sher E Punjab Colony experienced a depreciation of 20.56%.

How do property prices in Gundavali compare to nearby areas?

Property prices in the surrounding regions vary significantly, with Gulmohar Road commanding a premium at ₹57,050 per sq ft, followed by JB Nagar at ₹37,100 per sq ft and Amboli at ₹36,000 per sq ft as of Sep 2026. More moderately priced options can be found in Jogeshwari East at ₹28,900 per sq ft and Poonam Nagar at ₹30,450 per sq ft. Investors should note that while Marol has seen a strong appreciation of 6.6%, other areas like Gulmohar Road and JB Nagar have faced depreciation of 1.41% and 0.55% respectively during the same period.

How should a buyer interpret the transaction activity and registration data in Gundavali?

The Gundavali locality recorded 39 property transactions with a total gross value of ₹52 Cr between Nov 2025 and Oct 2026. This volume of activity, coupled with the registered rate of ₹21,250 per sq ft, serves as a reliable indicator of market liquidity and actual price realization, which buyers can use to validate asking prices against historical transaction trends.