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Property Rates in Kandivali East, Mumbai

Comprehensive Market Snapshot

The Kandivali East real estate market in Mumbai demonstrates dynamic activity, with current asking prices averaging ₹30,893 per sq ft. Recent quarterly trends show price fluctuations, experiencing a dip in September 2025 before recovering to ₹30,444 per sq ft by December 2025. Property transactions are robust, evidenced by 1,937 registrations totaling ₹3,328 Cr between April 2025 and March 2026. The market features a diverse mix of property types, including apartments, office spaces, and shops, with significant buyer interest in ready-to-move and under-construction residential units. Top developers like Lokhandwala Construction and Kalpataru are actively shaping the landscape, contributing to the strong market momentum.

  • Asking Sale Price₹ 30,893/sq.ft
  • Govt. Registration Prices₹ 21,290/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Government Registrations

Insights for Kandivali East, Mumbai Real Estate Market

Kandivali East, Mumbai, presents a vibrant real estate market characterized by a blend of residential and commercial opportunities. The average asking price currently stands at ₹30,893 per sq ft, reflecting its premium positioning within the city. Over the past year, property values have seen some volatility, with a notable peak in June 2025 at ₹31,597 per sq ft, followed by a slight correction, and then a recovery towards the end of the year. This fluctuation suggests a responsive market influenced by ongoing development and buyer sentiment. Residential apartments form the core of the market, showing a steady appreciation, while commercial segments like shops and office spaces command significantly higher per-square-foot rates, indicating strong business demand. The market offers a wide range of options across various construction stages; ready-to-move properties, with 310 units available, cater to immediate occupancy needs, while under-construction projects, though fewer in number, signal future growth potential. Top projects such as Kalpataru Vienta and Lodha Woods are driving significant transaction values, highlighting investor confidence in established developments. Government registration data reinforces this positive outlook, with nearly 2,000 transactions recorded in the last fiscal year, underscoring the market's liquidity and genuine buyer activity. Prominent developers are actively engaged, further solidifying Kandivali East's appeal as a key investment destination in Mumbai.

Market Strengths Market Strengths
  • Robust transaction activity with 1,937 registrations and a gross value of ₹3,328 Cr indicates a highly liquid and active market.
  • Presence of diverse property types including residential, commercial shops, and office spaces caters to a broad spectrum of buyers and investors.
  • Strong developer participation from key players like Lokhandwala Construction, Kalpataru, and Bhoomi Group ensures continuous supply of quality projects.
  • Significant number of Ready To Move units (310) offers immediate possession options for end-users.
  • Key projects like Kalpataru Vienta and Lodha Woods are driving high transaction values, reflecting strong demand for premium properties.
  • Overall positive growth in apartment prices (1.47%) and under-construction projects (3.47%) suggests a healthy residential market.
  • The market has shown resilience, recovering from a quarterly dip in September 2025 to register an upward trend by December 2025.
Market Challenges Market Challenges
  • The notable disparity between asking prices and registered rates could indicate buyer resistance or a need for more realistic pricing.
  • Some micro-markets like Lokhandwala and Kandivali West show negative price changes (-5.46% and -7.27% respectively), suggesting localized challenges or oversupply.
  • Early Stage projects, though few, experienced a significant price drop of 3.86%, indicating higher risk or less predictable returns for very early investments.
  • The 'Well Occupied' status has a higher average price than 'Ready To Move' but a lower change percentage than 'Under Construction', suggesting less upside for existing properties.
  • The fluctuation in quarterly location rates, with a dip in September 2025, points to a market that can be sensitive to economic shifts or supply-demand dynamics.
Investment Opportunities Investment Opportunities
  • Residential apartments show positive growth (1.47%), indicating stable appreciation potential for homeowners and investors.
  • The significant difference between asking price (₹30,893 per sq ft) and registered rate (₹21,300 per sq ft) suggests potential for negotiation or value discovery in the secondary market.
  • Under Construction projects are experiencing 3.47% growth, offering opportunities for early investors to benefit from future appreciation upon completion.
  • Commercial segments like shops (₹58,304 per sq ft) and office spaces (₹39,064 per sq ft) present high-value investment avenues with strong demand.
  • New Launch projects, despite being few, show the highest growth (5.15%) at a relatively lower price point (₹24,329 per sq ft), potentially offering higher returns.
  • Active involvement of top developers like Kalpataru and Lokhandwala Construction ensures quality projects and sustained market interest.
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Property Price Trends in Kandivali East, Mumbai

Asking Price Trends

Kandivali East's property market has experienced notable price movements over the last few quarters. Starting at ₹29,350 per sq ft in March 2025, the average rate surged to ₹31,597 per sq ft by June 2025. While there was a subsequent adjustment to ₹29,334 per sq ft in September 2025, the market demonstrated resilience, recovering to ₹30,444 per sq ft by December 2025. This trend indicates a fluctuating yet generally upward trajectory in property values within the locality.

Quarter City Rate
Dec 2025 30444
Sep 2025 29334
Jun 2025 31597
Mar 2025 29350
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Price Trends by Property Type

Kandivali East's real estate market caters to diverse preferences across property categories. Commercial shops lead the premium segment, commanding an average price of ₹58,304 per sq ft. Office spaces follow at ₹39,064 per sq ft, showing a marginal increase of 0.21%, reflecting steady demand. Residential apartments, the most common property type, are priced at an average of ₹30,893 per sq ft, experiencing a healthy growth of 1.47%. This distribution underscores the locality's mixed-use appeal, balancing high-value commercial assets with an active residential market.

Type Rate (₹/sq.ft) Change %
Shop 58,304 N/A
Office Space 39,064 0.21
Apartment 30,893 1.47
Price Trends by Project Status

The Kandivali East market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory, comprising 310 units, averages ₹25,801 per sq ft, with a slight dip of 0.6%, appealing to those seeking immediate occupancy. Under Construction projects, with 34 units, are priced at ₹30,467 per sq ft and show a positive growth of 3.47%, indicating future value. Meanwhile, Early Stage projects command a higher average of ₹43,713 per sq ft for its 2 units, despite a 3.86% decrease, reflecting premium offerings. This diverse supply mix allows buyers to align their investment with their preferred possession timeline and budget.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 475 25,967 0.28
Under Construction 34 30,467 3.47
New Launch 1 24,329 5.15
Price Trends by Localities

Kandivali East's asking price of ₹30,893 per sq ft positions it competitively among its neighbours. While localities like Mahavir Nagar command a premium at ₹36,432 per sq ft, and Borivali East averages ₹33,053 per sq ft, Kandivali East offers a more accessible entry point. It stands higher than Kandivali West, which is priced at ₹25,107 per sq ft, and slightly above Lokhandwala at ₹29,737 per sq ft. This diverse pricing landscape highlights varying property values and investment opportunities across the broader Kandivali region.

Location Rate (₹/sq.ft) Change %
Lokhandwala 29,737 -5.5
Parekh Nagar 30,158 -
Malad East 29,758 3.5
Kandivali West 25,107 -7.3
Mahavir Nagar 36,432 16.4
Saibaba Nagar 32,242 -
Dindoshi 29,777 10.8
Borivali East 33,053 7.9
Dahanukar Wadi 27,751 -
Shimpoli 33,364 3.4

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Kandivali East are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Raheja Reflections Odyssey is priced at a striking ₹60,133 per sq ft, showcasing an exceptional increase of 99.06%. Viceroy Savana Phase 3 and Viceroy Savana follow closely, both averaging around ₹43,700 per sq ft, despite minor price adjustments. Kalpataru Vienta also features prominently at ₹40,888 per sq ft, experiencing a 3.52% rise. These top-tier developments represent the aspirational segment of the market, setting high benchmarks for property values.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Raheja Reflections Odyssey 60,133 99.1
Viceroy Savana Phase 3 43,747 -3.8
Viceroy Savana 43,678 -3.9
Null 43,678 -3.9
Viceroy Prive 41,340 -
Kalpataru Vienta 40,888 3.5
Oberoi Realty Park View 40,064 0.3
Gundecha Premiere 39,789 -0.7
Gundecha Trillium 39,617 2.3
Oberoi Gardens 38,058 6.7
Project Name Current Price (₹/sq.ft) Sale Value Change %
Kalpataru Vienta 40,769 ₹ 29.32 Cr 9.6
Lodha Woods 32,836 ₹ 17.36 Cr 5
Wadhwa Tw Gardens 36,831 ₹ 15.05 Cr -6.6
Evershine Millenium Paradise 28,796 ₹ 14.54 Cr 5.3
Rna Ng Suncity 29,331 ₹ 13.67 Cr -2.8
Viceroy Savana 43,747 ₹ 13.34 Cr 5.7
Kanakia Spaces Challenger 33,391 ₹ 10.48 Cr -14.8
Lokhandwala Spring Grove 26,324 ₹ 10.28 Cr -4.9
Kalpataru Gardens 2 36,547 ₹ 9.12 Cr -2.7
Sheth Vasant Marvel 29,267 ₹ 8.03 Cr -5.6
Project Name Current Price (₹/sq.ft) Transactions Change %
Rna Ng Suncity 29,331 12 -2.8
Evershine Millenium Paradise 28,796 9 5.3
Kalpataru Vienta 40,769 7 9.6
Wadhwa Tw Gardens 36,831 7 -6.6
Lodha Woods 32,836 6 5
Lokhandwala Spring Leaf 27,572 6 -2.9
Lokhandwala Riviera Tower 24,706 6 7.2
Lokhandwala Spring Grove 26,324 5 -4.9
Spring Grove Uno Chs 22,865 5 -0.8
Kanakia Spaces Challenger 33,391 4 -14.8
Top Developers by Transaction Count

Premium residential developments in Kandivali East are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Raheja Reflections Odyssey is priced at a striking ₹60,133 per sq ft, showcasing an exceptional increase of 99.06%. Viceroy Savana Phase 3 and Viceroy Savana follow closely, both averaging around ₹43,700 per sq ft, despite minor price adjustments. Kalpataru Vienta also features prominently at ₹40,888 per sq ft, experiencing a 3.52% rise. These top-tier developments represent the aspirational segment of the market, setting high benchmarks for property values.

  • By Transaction
Developer Transactions
Lokhandwala Construction 31
Bhoomi Group 18
Kalpataru 15
Kanakia Spaces 14
Godrej 12
Rajesh Lifespaces 12
Rna Builders Ng 12
Evershine Builders Pvt Ltd 9
Raheja Universal 9

Government Registration in Kandivali East, Mumbai

  • Sales Transactions1,937
  • Gross Sales Value₹ 3,328 Cr
  • Registered Rate₹ 21,300/sq.ft

Official government registration data reveals robust transaction activity in Kandivali East, Mumbai, from April 2025 to March 2026. The market recorded a substantial 1,937 property transactions, totaling a gross value of ₹3,328 Cr, with an average registered rate of ₹21,300 per sq ft. Developer activity was notably led by Lokhandwala Construction, who accounted for 31 transactions, demonstrating strong market presence. Project-wise, RNA NG Suncity attracted maximum buyer interest with 12 transactions, while Kalpataru Vienta generated the highest gross transaction value of ₹29.32 Cr. This data indicates a highly active market with significant buyer confidence and investment.

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