- The average asking price of ₹30,934 per sq ft, coupled with positive price trends, indicates a stable and appreciating market.
- A healthy rental yield of 3.18% and average apartment rental rates of ₹82 per sq ft suggest strong rental demand.
- The availability of diverse property types, including apartments, shops, and office spaces, caters to a broad investor base.
- Significant transaction volumes, with 1670 registrations totaling ₹2,742 Cr, underscore active market participation.
- Leading developers like Lokhandwala Construction and Kalpataru have a strong presence, indicating developer confidence and project quality.
- The presence of multiple property statuses, from 'Ready To Move' to 'Under Construction', provides varied entry points for buyers and investors.
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Property Rates in Kandivali East, Mumbai
Comprehensive Market Snapshot
Kandivali East's real estate market presents a dynamic picture with an average asking price of ₹30,934 per sq ft and a registration rate of ₹21,290 per sq ft. The market shows a slight upward trend in price, with projections indicating continued growth. Rental yields stand at a healthy 3.18%, with average rents for apartments at ₹82 per sq ft. Studio apartments are available for approximately ₹23,208 per month, while 4 BHK units command around ₹1.15 Lakh per month, reflecting a broad spectrum of rental options.
- Asking Sale Price₹ 30,934 /sq.ft
- Govt. Registration Prices₹ 21,290 /sq.ft
- Average Rental₹ 82 /sq.ft
- Rental Yield3.18 %
Insights for Kandivali East, Mumbai Real Estate Market
Kandivali East exhibits a steady real estate market with an average asking price of ₹30,934 per sq ft and a registration rate of ₹21,290 per sq ft. Quarterly price trends show fluctuations, with a projected increase towards March 2026. The rental market is active, boasting a rental yield of 3.18% and an average apartment rental rate of ₹82 per sq ft. Rents vary significantly by unit size, from ₹23,208 per month for studios to ₹1.15 Lakh per month for 4 BHKs. In terms of sales, Lokhandwala Construction leads with 31 transactions, showcasing strong developer activity. Government registrations recorded 1670 transactions totaling ₹2,742 Cr between May 2025 and April 2026, with an average registered rate of ₹21,300 per sq ft. Top projects by transaction volume include RNA NG Suncity and Evershine Millenium Paradise, indicating strong buyer interest in these developments. The market's diverse property types, including shops, office spaces, and apartments, cater to a wide range of investment and living needs.
- Price fluctuations are evident in quarterly trends, with some quarters showing a decrease in location rates.
- The 'Early Stage' property status has a high average price of ₹43,747 per sq ft with a negative change percentage, indicating potential market entry challenges for this segment.
- While overall rental yields are positive, specific sub-locations like Ashok Nagar show a notable decrease of -7.22% in average rental rates.
- The rental market offers a yield of 3.18%, with average apartment rents at ₹82 per sq ft, presenting income generation potential.
- Studio apartments are available for rent at an average of ₹23,208 per month, appealing to a specific renter demographic.
- The 'Under Construction' segment, priced at ₹29,933 per sq ft with a 1.66% increase, offers opportunities for capital appreciation.
- Lokhandwala Construction's strong transaction volume (31 deals) suggests established developer trust, potentially indicating stable investment prospects in their projects.
Property Price Trends in Kandivali East, Mumbai
The property market in Kandivali East is experiencing a gradual upward trend in asking prices. Projections for March 2026 indicate an average rate of ₹30,934 per sq ft, building upon the ₹30,444 per sq ft recorded in December 2025. While there were quarterly dips, the overall trajectory suggests sustained buyer interest and value appreciation.
Kandivali East's real estate market offers diverse property types catering to various investment needs. Shops are priced at ₹58,304 per sq ft, reflecting their commercial appeal, while office spaces average ₹39,064 per sq ft with a slight increase of 0.21%. Residential apartments form a significant segment, priced at ₹30,934 per sq ft and showing a 1.61% rise, indicating steady demand for homes.
The Kandivali East market offers properties across all stages of development. Ready To Move inventory, comprising 289 units, averages ₹25,629 per sq ft, appealing to immediate buyers. Under Construction projects present 28 opportunities at ₹29,933 per sq ft, showing a 1.66% increase, while 'Partially Ready To Move' properties are priced higher at ₹34,713 per sq ft, reflecting their advanced stage.
Within Kandivali East, various micro-markets display distinct pricing. Lokhandwala and Parekh Nagar average around ₹30,154-₹30,158 per sq ft, while Malad East is priced slightly lower at ₹29,746 per sq ft. In contrast, Mahavir Nagar commands a premium at ₹36,432 per sq ft, and Borivali East is also a high-value area at ₹34,762 per sq ft, showcasing a diverse price landscape across its neighborhoods.
Project and Developer Insights
Premium residential developments in Kandivali East are commanding significant asking prices, reflecting their luxury positioning and prime locations. Raheja Reflections Odyssey leads with an asking rate of ₹60,133 per sq ft. Viceroy Savana Phase 3 and Viceroy Savana follow, priced at ₹43,747 per sq ft and ₹43,678 per sq ft respectively, showcasing the area's high-end offerings.
Among top rental projects, Gokul Heaven Apartment leads with a current rental rate of ₹106 per sq ft, showing a 9.28% increase. Viceroy Savana is also notable at ₹105 per sq ft. Projects like Shivraise Apartment and Kanakia Spaces Sanskruti are priced around ₹100 per sq ft and ₹95 per sq ft respectively, indicating a premium rental segment within Kandivali East.
Premium residential developments in Kandivali East are commanding significant asking prices, reflecting their luxury positioning and prime locations. Raheja Reflections Odyssey leads with an asking rate of ₹60,133 per sq ft. Viceroy Savana Phase 3 and Viceroy Savana follow, priced at ₹43,747 per sq ft and ₹43,678 per sq ft respectively, showcasing the area's high-end offerings.
Government Registration in Kandivali East, Mumbai
- Sales Transactions1,670
- Gross Sales Value₹ 2,742 Cr
- Registered Rate₹ 21,300 /sq.ft
Official registration data for Kandivali East reveals substantial market activity, with 1670 transactions totaling ₹2,742 Cr recorded between May 2025 and April 2026. The average registration rate stands at ₹21,300 per sq ft. Lokhandwala Construction emerged as the top developer by transactions with 31 deals, while Kalpataru Vienta garnered significant attention by value.
Recent Registered Transactions in Kandivali East
Property Rental Trends in Kandivali East, Mumbai
Rental rates in Kandivali East show a clear progression with unit size. Studio apartments average ₹23,208 per month, while 1 BHK units are available for ₹33,645 per month. Larger accommodations like 2 BHKs command ₹53,061 per month, 3 BHKs are priced at ₹72,016 per month, and 4 BHKs reach ₹1.15 Lakh per month, indicating escalating rental demand for bigger homes.
Rental rates vary across Kandivali East's localities. Karur Village and Tanji Nagar show higher average rental rates at ₹111 and ₹114 per sq ft respectively, while Gokul Gardens and Defence Colony offer more affordable options at ₹73 and ₹72 per sq ft. Lokhandwala sees a significant 22.54% year-on-year increase in rental rates, indicating growing demand in that area.
Apartments are the primary residential rental property type in Kandivali East, averaging ₹82 per sq ft with a 3.8% increase. While data for other property types like shops or office spaces is not detailed in rental terms, apartments clearly dominate the rental market.