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Insights for Gundavali, Mumbai Real Estate Market Overview

The real estate market in Gundavali presents a mix of established residential options and competitive rental opportunities across the Andheri East corridor. Property values are supported by consistent demand in ready-to-move segments, while commercial office spaces in the vicinity show significant rental growth, highlighting the area's dual appeal for residents and professionals. Recent government registration data indicates steady activity, with 59 transactions recorded, totaling a gross value of ₹79 Cr. This momentum is further bolstered by the presence of varied property types that cater to both home buyers and office space seekers.

  • Ready-to-move residential properties in Gundavali are currently priced at an average of ₹29,600 per sq ft.
  • Office spaces for rent have seen a strong year-on-year growth of 13.1%, with average rates reaching ₹250 per sq ft.
  • Rental rates for 1 BHK apartments in the locality average ₹65,000 per month.
  • The broader Andheri East region shows price variations, with JB Nagar commanding rates up to ₹37,300 per sq ft.
  • Government data reflects a registered rate of ₹20,150 per sq ft across recent market transactions.

Market Strengths
  • Strong rental demand for office spaces driving a 13.1% annual growth rate.
  • Positive price momentum of 4.46% in the ready-to-move residential segment.
  • Robust transaction volume with 59 registrations in the latest annual period.
  • High value of property turnover reaching ₹79 Cr, indicating a liquid market.
  • Diverse rental options ranging from ₹100 per sq ft in Andheri East to ₹250 per sq ft for commercial space.
Market Challenges
  • Amboli has experienced a significant price correction of -8.12%, suggesting localized market pressure.
  • Jogeshwari East rental and sale rates have seen a slight decline of -0.82%, reflecting cautious buyer sentiment.
  • Sher E Punjab Colony rental rates have softened by -3.74% year-on-year.
Investment Opportunities
  • Office spaces in Gundavali offer high growth potential with a 13.1% year-on-year rental increase.
  • Ready-to-move residential units provide stable value with a 4.46% price appreciation.
  • The 1 BHK rental market at ₹65,000 per month caters to the high demand from working professionals in the Andheri East business belt.
  • Proximity to higher-priced areas like JB Nagar allows for potential value catch-up in the residential sector.
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 34,250 3.1
Sher E Punjab Colony 33,300 -
Andheri East 31,650 2.5
Natwar Nagar 33,350 -
Amboli 35,250 -8.1
Jb Nagar 37,300 2.9
Jogeshwari East 28,750 -0.8
Poonam Nagar 30,450 -
Ambivali 40,050 -
Gulmohar Road 57,900 0.3
Gundavali sits within a competitive real estate landscape where surrounding micro-markets offer diverse pricing tiers. JB Nagar commands a premium at ₹37,300 per sq ft, while Chakala remains a key neighbor with rates averaging ₹34,250 per sq ft. In contrast, Jogeshwari East offers more accessible entry points at ₹28,750 per sq ft, providing buyers with options that span a wide range of budgets and preferences.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 29,600 4.5
The Gundavali market is anchored by ready-to-move inventory, which currently averages ₹29,600 per sq ft. This status category has seen a 4.46% increase, making it an attractive choice for buyers prioritizing immediate occupancy over under-construction alternatives.
Project & Developer Insights

Top Residential Projects and Developers in Gundavali

Top Projects in Gundavali
Kalpataru Vian is the top project in Gundavali with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian ₹ 4.88 Cr - ₹ 9.30 Cr
  • Mumbai Western Suburbs, Mumbai
LnT Ahana ₹ 2.58 Cr - ₹ 6.42 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 ₹ 2.78 Cr - ₹ 5.41 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
Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond The Address By GS ₹ 3.04 Cr - ₹ 7.00 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS ₹ 6.65 Cr - ₹ 11.53 Cr
  • Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.63 Cr
  • 110 Projects
  • 39 Years
DLF
Kalpataru ₹ 97.29 L - ₹ 71.98 Cr
  • 84 Projects
  • 50 Years
DLF
Hiranandani ₹ 1.02 Cr - ₹ 10.36 Cr
  • 77 Projects
  • 34 Years
DLF
Runwal ₹ 86 L - ₹ 60 Cr
  • 68 Projects
  • 41 Years
DLF
Rustomjee ₹ 25.75 L - ₹ 74 Cr
  • 69 Projects
  • 23 Years
DLF
The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr
  • 60 Projects
  • 50 Years
DLF
Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr
  • 51 Projects
  • 52 Years
DLF
Ruparel ₹ 63.33 L - ₹ 6.94 Cr
  • 44 Projects
  • 19 Years
DLF
Godrej ₹ 1.15 Cr - ₹ 87.92 Cr
  • 43 Projects
  • 29 Years
DLF
Chandak ₹ 85 L - ₹ 11.11 Cr
  • 40 Projects
  • 20 Years
View More
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Ashiyana Chs, Gundavali 29,600 4.5
Ashiyana CHS stands out as a primary residential development in Gundavali, priced at ₹29,600 per sq ft. This project has recorded a 4.46% increase in its asking rate, marking it as a significant benchmark for value in the local market.
Government Registrations

Government Registration in Gundavali, Mumbai

Official registration data for Gundavali shows consistent market activity with 59 transactions recorded between September 2025 and August 2026. These deals represent a gross value of ₹79 Cr, with an average registered rate of ₹20,150 per sq ft, indicating a healthy volume of property transfers.
Sales Transactions 59
Gross Sales Value ₹ 79 Cr
Registered Rate ₹ 20,150/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Gundavali, Mumbai

Residential rentals are highlighted by 1 BHK apartments, which command an average monthly rent of ₹65,000. This pricing reflects the area's popularity among professionals seeking convenient apartment living. Rental rates in the vicinity vary, with Chakala and Andheri East both averaging ₹100 per sq ft. Chakala has seen a notable rental appreciation of 10.28%, while Kondivita follows closely with a 9.65% increase at ₹150 per sq ft. Office spaces are the primary driver of rental growth in Gundavali, currently averaging ₹250 per sq ft. This segment has outpaced other property types with a significant 13.1% year-on-year increase.
Gundavali Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 65,000
Residential rentals are highlighted by 1 BHK apartments, which command an average monthly rent of ₹65,000. This pricing reflects the area's popularity among professionals seeking convenient apartment living.
Locality Rate (₹/Sq.Ft) Change %
Chakala 100 10.3
Midc 150 -
Jijamata Colony 100 -
Sher E Punjab Colony 100 -3.7
Kondivita 150 9.7
Andheri East 100 1.8
Bamanwada 100 -
Lohana Colony 150 -
Shree Ram Nagar 150 -
Vijay Nagar 100 -
Rental rates in the vicinity vary, with Chakala and Andheri East both averaging ₹100 per sq ft. Chakala has seen a notable rental appreciation of 10.28%, while Kondivita follows closely with a 9.65% increase at ₹150 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 250 13.1
Office spaces are the primary driver of rental growth in Gundavali, currently averaging ₹250 per sq ft. This segment has outpaced other property types with a significant 13.1% year-on-year increase.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Gundavali, Mumbai

Avg. Asking Price ₹ 46,350 /Sq.Ft
Govt Registration Rate ₹ 29,950 /Sq.Ft
Avg. Asking Price ₹ 37,250 /Sq.Ft
Govt Registration Rate ₹ 21,550 /Sq.Ft
Avg. Asking Price ₹ 34,900 /Sq.Ft
Govt Registration Rate ₹ 21,350 /Sq.Ft
Avg. Asking Price ₹ 33,000 /Sq.Ft
Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Gundavali, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Gundavali, Mumbai

What is the current average asking price in Gundavali as of June 2026?

As of June 2026, the average asking price in Gundavali stands at ₹35,900 per sq ft. This reflects a consistent upward trajectory in the micromarket, which has seen prices rise from ₹33,100 per sq ft in September 2025 to the current level, indicating sustained demand and market confidence in this locality.

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

The average asking price in Gundavali is currently ₹35,900 per sq ft, while the Government Registration Rate for the period between September 2025 and August 2026 is ₹20,150 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in high-demand urban pockets, and buyers should use both figures to understand the difference between current market valuations and official transaction benchmarks.

What is the trend for Ready To Move property rates in Gundavali?

Ready To Move properties in Gundavali are currently priced at an average of ₹29,600 per sq ft as of June 2026. This segment has appreciated by 4.46% compared to the previous period, signaling strong buyer preference for immediate possession homes, which often command a premium due to the elimination of construction-related risks.

How do property prices in Gundavali compare to nearby neighbourhoods?

Property prices in Gundavali, currently at ₹35,900 per sq ft, are positioned competitively within the broader Andheri-Jogeshwari belt. For context, neighbouring areas show varied valuations: Jb Nagar commands a higher rate of ₹37,300 per sq ft (which has appreciated by 2.89%), while Jogeshwari East is more accessible at ₹28,750 per sq ft (having depreciated by 0.82% from the prior period). These variations allow investors and homebuyers to choose between premium pockets like Jb Nagar or more affordable options depending on their budget and connectivity requirements.

What is the average rental rate in Gundavali and what does it signify?

The average rental rate in Gundavali is ₹229 per sq ft as of June 2026, a figure that has remained stable with 0% change over the observed period. This stability suggests a balanced rental market where supply and demand are currently well-aligned, providing a predictable environment for both tenants and landlords.

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

In the commercial segment, office spaces in Gundavali command an average rental rate of ₹250 per sq ft as of June 2026. This sector has seen significant growth, appreciating by 13.1% compared to the previous period, which highlights the increasing demand for professional workspaces in this locality.

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

As of June 2026, a 1 BHK apartment in Gundavali typically commands an average monthly rent of ₹65,000. This price point reflects the current residential rental landscape, offering potential tenants a clear benchmark for budgeting in this specific micromarket.

How do rental rates vary across different micromarkets near Gundavali?

Rental rates in the vicinity of Gundavali show distinct variations based on local demand. For instance, Kondivita has seen a notable appreciation of 9.65% to reach ₹150 per sq ft, while Chakala also experienced a significant rise of 10.28% to reach ₹100 per sq ft. Conversely, Sher E Punjab Colony has seen a depreciation of 3.74%, bringing its rate to ₹100 per sq ft, illustrating how rental performance can differ significantly even between adjacent neighbourhoods.

Which project is currently a key reference for listing rates in Gundavali?

Ashiyana CHS is a notable project in Gundavali, with current listing rates at ₹29,600 per sq ft as of June 2026. This project has seen an appreciation of 4.46% compared to the previous period, making it a relevant benchmark for those tracking price movements in the local residential apartment segment.

How should a buyer interpret the price trend data for Gundavali?

The price trend data for Gundavali shows a steady increase in the micromarket rate from ₹33,100 per sq ft in September 2025 to ₹35,900 per sq ft in June 2026. Buyers should interpret this consistent upward trajectory as a sign of a robust and maturing market, where sustained demand for residential space continues to drive valuations higher over time.

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