Gundavali Property Rates

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Property Rates in Gundavali

Property rates in Gundavali average ₹26,350 per sq ft. The market reflects a period of price adjustment, with recent Ready To Move inventory data showing a change of -10.96%. Activity remains focused on established residential units, supported by significant rental demand for office spaces. Investors are closely monitoring these shifts as the area continues to serve as a key residential and commercial hub within Mumbai's western suburbs.

Insights

Insights for Gundavali, Mumbai Real Estate Market Overview

The real estate market in Gundavali presents a balanced outlook for both end-users and investors. While residential property prices have seen recent adjustments, the area maintains a steady flow of transactions, supported by a mix of ready-to-move projects and high-demand commercial rentals. The rental market is particularly active, with office spaces recording significant growth, indicating strong business interest in this well-connected locality. Government registration data confirms consistent buyer participation, with 41 transactions recorded in the recent period.

Ready To Move residential units in the area are currently priced at an average of ₹26,350 per sq ft.
Office space rentals have seen a notable increase of 18.34%, reflecting robust commercial demand.
Total registered property value for the recent period reached ₹58 Cr, highlighting active market participation.
Rental rates for 1 BHK apartments have reached ₹65,000 per month, showcasing the premium nature of residential leasing in the area.

Market Strengths

A total of 41 property registrations indicate consistent buyer trust and market activity.
The commercial office segment shows a strong growth trajectory of 18.34%.
Amboli remains a premium residential choice, commanding rates up to ₹36,000 per sq ft.
Diverse rental options exist across multiple sub-locations like Chakala and MIDC.
The market maintains a high volume of gross transaction value, reaching ₹58 Cr.

Market Challenges

Ready To Move residential inventory has seen a price adjustment of -10.96%.
Sher E Punjab Colony rental rates have experienced a decline of -20.56%.
Gulmohar Road residential rates have softened by -1.41%.

Investment Opportunities

Office space rentals have surged by 18.34%, offering significant potential for commercial property investors.
The 1 BHK rental market at ₹65,000 per month provides a stable income stream for residential landlords.
Kondivita and Lohana Colony offer competitive rental rates at ₹150 per sq ft, presenting entry-level opportunities.
Marol has shown a strong capital appreciation trend of 6.6%, marking it as a high-growth pocket.

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

The surrounding micromarkets offer diverse price points for prospective buyers and renters. Marol shows strong growth with a 6.6% increase, while Jb Nagar commands a premium at ₹37,100 per sq ft. Meanwhile, Jogeshwari East remains a more accessible option, averaging ₹28,900 per sq ft, providing a clear contrast to the higher-priced segments in Amboli and Chakala.

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

The market provides clear options for those seeking immediate occupancy through its Ready To Move inventory. This segment, currently featuring 1 unit, is priced at ₹26,350 per sq ft and has seen a change of -10.96%. This supply caters specifically to buyers prioritizing convenience and timely possession.

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 - ₹ 5.41 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

Raymond Invictus By GS ₹ 6.99 Cr - ₹ 12.10 Cr

Mumbai Western Suburbs, Mumbai

Paradigm Superstar ₹ 21.81 Cr - ₹ 33.66 Cr

Mumbai Western Suburbs, Mumbai

Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 Cr

Mumbai Western Suburbs, Mumbai

New Launch

Under Construction

Ready to Move

Lodha ₹ 67.27 L - ₹ 98.63 Cr

111 Projects
39 Years

Kalpataru ₹ 1.19 Cr - ₹ 71.98 Cr

84 Projects
50 Years

Hiranandani ₹ 1.02 Cr - ₹ 10.36 Cr

77 Projects
34 Years

Rustomjee ₹ 25.75 L - ₹ 74 Cr

69 Projects
23 Years

Runwal ₹ 86 L - ₹ 69.58 Cr

69 Projects
41 Years

The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr

61 Projects
50 Years

Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr

52 Projects
52 Years

Godrej ₹ 1.15 Cr - ₹ 87.92 Cr

44 Projects
29 Years

Ruparel ₹ 63.33 L - ₹ 6.94 Cr

44 Projects
19 Years

Chandak ₹ 85 L - ₹ 11.11 Cr

41 Projects
20 Years

Top Projects by Listing Rates

Listing Rate

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

Premium residential living in Gundavali is anchored by projects like Ashiyana CHS. This development currently lists at ₹26,350 per sq ft, reflecting a change of -10.96%. It serves as a primary benchmark for buyers evaluating residential options within the locality.

Government Registrations

Government Registration in Gundavali, Mumbai

Official government registration data for the period between Oct 25 and Sep 26 highlights steady activity in Gundavali. The market recorded 41 transactions with a total gross value of ₹58 Cr. These figures indicate a healthy level of buyer commitment and market liquidity during the observed timeframe.

Sales Transactions 41

Gross Sales Value ₹ 58 Cr

Registered Rate ₹ 21,250/Sq.Ft

Rental Trends

Rental Trends and Average Rent in Gundavali, Mumbai

The rental market for 1 BHK apartments is particularly strong, with an average monthly rent of ₹65,000. This reflects the high demand for residential units in the area. Rental rates vary significantly across the locality, with MIDC, Kondivita, and Lohana Colony all commanding ₹150 per sq ft. Conversely, areas like Chakala and Andheri East maintain a steady average of ₹100 per sq ft, providing varied choices for tenants. Commercial office spaces are a major driver in the rental market, averaging ₹250 per sq ft. This sector has seen a significant growth of 18.34% over the past year.

Gundavali Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
1 Bhk	65,000

The rental market for 1 BHK apartments is particularly strong, with an average monthly rent of ₹65,000. This reflects the high demand for residential units in the area.

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 significantly across the locality, with MIDC, Kondivita, and Lohana Colony all commanding ₹150 per sq ft. Conversely, areas like Chakala and Andheri East maintain a steady average of ₹100 per sq ft, providing varied choices for tenants.

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

Commercial office spaces are a major driver in the rental market, averaging ₹250 per sq ft. This sector has seen a significant growth of 18.34% over the past year.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /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

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /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

Govt Registration Rate ₹ 21,600 /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 June 2026, the average asking price in Gundavali stands at ₹35,900 per sq ft. This rate has shown a consistent upward trajectory, appreciating from ₹34,900 per sq ft in March 2026, which reflects sustained demand and market confidence in this locality.

How have property rates in Gundavali trended over the last few quarters?

Property rates in Gundavali have experienced a steady increase throughout the recent quarters. According to the data, the micromarket rate rose from ₹33,100 per sq ft in September 2025 to ₹34,600 per sq ft in December 2025, further climbing to ₹34,900 per sq ft in March 2026, and reaching ₹35,900 per sq ft by June 2026.

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

The average asking price in Gundavali, which is currently ₹35,900 per sq ft as of June 2026, is significantly higher than the recorded Government Registration Rate of ₹21,250 per sq ft. The Government Registration Rate is based on 41 transactions recorded between October 2025 and September 2026, totaling a gross value of ₹58 Cr, and serves as a baseline for official property valuations in the area.

What is the price of Ready To Move properties in Gundavali?

As of June 2026, the average price for Ready To Move properties in Gundavali is ₹26,350 per sq ft. This segment has seen a depreciation of 10.96% compared to previous periods, which may suggest a market correction or a shift in the inventory mix currently available for immediate possession.

What is the average rental rate in Gundavali and what does it signal for investors?

The average rental rate in Gundavali is ₹271 per sq ft as of June 2026, which has appreciated by 18.34% compared to the prior period. This robust growth in rental values indicates strong demand for leased space in the area, offering a potentially attractive income stream for property owners and investors looking to capitalize on the locality's commercial and residential appeal.

How do rental rates for office spaces in Gundavali compare to the overall market?

Office spaces in Gundavali command an average rental rate of ₹250 per sq ft as of June 2026. This segment has experienced an appreciation of 18.34% compared to the previous period, mirroring the strong upward trend observed in the broader rental market for the locality.

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

As of June 2026, a 1 BHK apartment in Gundavali typically commands an average rent of ₹65,000 per month. This price point reflects the current demand for residential units in the area, catering to professionals and small families seeking proximity to key transit and employment hubs.

How do rental rates vary across different neighbourhoods near Gundavali?

Rental rates in the vicinity of Gundavali show distinct variations based on the specific neighbourhood. As of June 2026, areas like MIDC, Kondivita, Lohana Colony, and Shree Ram Nagar command a premium at ₹150 per sq ft, while Chakala, Jijamata Colony, Sher E Punjab Colony, Andheri East, Bamanwada, and Vijay Nagar are priced at ₹100 per sq ft. Notably, the rental rate in Kondivita has appreciated by 9.65%, whereas Sher E Punjab Colony has seen a depreciation of 20.56% compared to the previous period.

How do property prices in Gundavali compare to nearby areas like Amboli or Jogeshwari East?

Property prices in Gundavali are influenced by the broader market dynamics of the Andheri and Jogeshwari belt. As of June 2026, nearby Amboli commands a higher average rate of ₹36,000 per sq ft, which has appreciated by 2.16%. In contrast, Jogeshwari East is more competitively priced at ₹28,900 per sq ft, having appreciated by 0.55% over the same period.