Property Rates in Kandivali East, Mumbai

Property prices in Kandivali East, Mumbai have shown some fluctuation over the past year. From June 2025 to March 2026, the location rate saw a slight decrease from ₹31,597 to ₹30,934 per sq ft, a depreciation of approximately 2.09%. However, looking at the broader trend, prices have generally seen an upward movement from September 2025 (₹29,334 per sq ft) to March 2026 (₹30,934 per sq ft), indicating a recovery and growth in the market.

As of March 2026, the average asking price in Kandivali East, Mumbai is ₹30,934 per sq ft, while the Government Registration Rate is ₹21,290 per sq ft. This indicates a significant difference, with asking prices being approximately 45% higher than the registered rates, suggesting potential negotiation room or a premium associated with market dynamics.

Property rates vary considerably across the micromarkets within Kandivali East, Mumbai. As of March 2026, areas like Lokhandwala show an average rate of ₹30,154 per sq ft, while Parekh Nagar is priced similarly at ₹30,158 per sq ft. In contrast, Kandivali West averages ₹25,120 per sq ft, and Mahavir Nagar commands a higher rate of ₹36,432 per sq ft, reflecting distinct market values and demand across these sub-localities.

As of March 2026, the average price for apartments in Kandivali East, Mumbai is ₹30,934 per sq ft, showing a 1.61% appreciation. Shops are priced significantly higher at ₹58,304 per sq ft with no change, and office spaces are available at ₹39,064 per sq ft, having seen a slight appreciation of 0.21%.

Property prices in Kandivali East, Mumbai vary by construction status as of March 2026. 'Ready To Move' properties are priced at ₹25,629 per sq ft, showing a slight depreciation of 1.26%. 'Under Construction' properties are priced at ₹29,933 per sq ft, appreciating by 1.66%. 'Partially Ready To Move' properties are at ₹34,713 per sq ft (up 1.23%), and 'New Launch' projects are at ₹24,329 per sq ft (up 5.15%), indicating different market perceptions and stages of development.

As of March 2026, RNA NG Suncity in Thakur Village leads in transaction activity with 12 transactions, though its rate has depreciated by 2.80% to ₹29,331 per sq ft. Evershine Millenium Paradise, also in Thakur Village, follows with 9 transactions and a rate of ₹28,796 per sq ft, appreciating by 5.28%. Kalpataru Vienta in Ashok Nagar has recorded 7 transactions at ₹40,769 per sq ft, showing a significant appreciation of 9.57%.

As of March 2026, Raheja Reflections Odyssey in Kandivali East has the highest listing rate at ₹60,133 per sq ft, with no reported change. Viceroy Savana Phase 3 is listed at ₹43,747 per sq ft, showing a depreciation of 3.79%, while Viceroy Savana is listed at ₹43,678 per sq ft with a 3.94% depreciation. These projects represent the premium end of the market in terms of asking prices.

As of March 2026, Kalpataru Vienta in Ashok Nagar leads in total transaction value with ₹29.32 Cr, appreciating by 9.57% to ₹40,769 per sq ft. Lodha Woods in Singh Agri Estate follows with ₹17.37 Cr, showing a 5.04% appreciation to ₹32,836 per sq ft. Wadhwa TW Gardens in Thakur Village has a transaction value of ₹15.05 Cr, with its rate depreciating by 6.58% to ₹36,831 per sq ft.

As of March 2026, Lokhandwala Construction leads in transaction volume with 31 transactions, followed by Bhoomi Group with 18 transactions. Kalpataru and Kanakia Spaces each have 15 and 14 transactions, respectively. Godrej, Rajesh LifeSpaces, and RNA Builders NG are tied with 12 transactions each, indicating significant market presence and activity from these developers in the area.

As of March 2026, the average rental rate in Kandivali East, Mumbai is ₹82 per sq ft. The rental yield stands at 3.18%, suggesting that property owners can expect a modest return on their investment through rental income relative to the property's capital value.

In Kandivali East, Mumbai, rental rates as of March 2026 vary significantly by BHK configuration. Studio apartments average ₹23,208 per month, while 1 BHK units are around ₹33,645 per month. Larger configurations like 2 BHK apartments rent for ₹53,061 per month, 3 BHK for ₹72,016 per month, and 4 BHK for ₹1.15 Lakh per month, showing a clear premium for more space.

As of March 2026, rental rates in Kandivali East, Mumbai show considerable variation across micromarkets. Tanji Nagar and Karur Village command the highest average rental rates at ₹114 per sq ft and ₹111 per sq ft, respectively. Conversely, Defence Colony and Gokul Gardens offer more affordable rents at ₹72 per sq ft and ₹73 per sq ft, respectively, indicating distinct rental value propositions in different neighborhoods.

As of March 2026, Gokul Heaven Apartment in Kandivali East has the highest rental rate at ₹106 per sq ft, showing a 9.28% appreciation. Viceroy Savana is listed at ₹105 per sq ft with no change, followed by Shivraise Apartment at ₹100 per sq ft. These projects represent premium rental options within the locality, attracting tenants willing to pay a higher price for specific amenities or locations.

Users can interpret the property rate data for Kandivali East, Mumbai by comparing the average asking price (₹30,934 per sq ft as of March 2026) with the Government Registration Rate (₹21,290 per sq ft) to gauge potential negotiation margins. Analyzing price trends over quarters helps understand market momentum, while comparing micromarket rates, property types, and construction statuses reveals specific investment or living opportunities. Examining developer transaction data can also signal market confidence and project popularity.