Mumbai
Kanjurmarg East represents a dynamic residential hub in Mumbai, characterized by a steady upward trajectory in property values. The market has seen a consistent increase in asking prices over the last year, supported by both premium new launches and stable ready-to-move inventory. Rental demand is equally robust, with a strong yield profile that benefits property owners. Registration data confirms active participation from both buyers and developers, cementing the area as a high-growth zone.
As of June 2026, the average asking price in Kanjurmarg East is ₹28,750 per sq ft. This figure reflects an appreciation of 1.3% compared to the previous period, indicating a steady demand for residential properties in this locality.
The average asking price in Kanjurmarg East currently stands at ₹28,750 per sq ft, while the Government Registration Rate is recorded at ₹22,250 per sq ft as of June 2026. This gap between the market-driven asking price and the government-notified rate is a key metric for buyers to consider when evaluating the total cost of acquisition, including stamp duty and registration fees.
The property market in Kanjurmarg East has shown a resilient upward trajectory, with the average asking price rising from ₹27,400 per sq ft in September 2025 to ₹28,750 per sq ft by June 2026. This consistent growth over the last few quarters signals sustained buyer interest and investor confidence in the area's long-term development prospects.
Property prices in Kanjurmarg East, at ₹28,750 per sq ft, sit in a competitive range compared to surrounding areas. For instance, Bhandup East currently commands an average rate of ₹29,200 per sq ft, which appreciated by 4.43%, while Vikhroli East stands at ₹28,700 per sq ft with a 3.16% appreciation. Conversely, areas like Kanjurmarg West have seen a depreciation of 2.56%, bringing their average to ₹27,000 per sq ft as of June 2026.
As of June 2026, Ready To Move properties in Kanjurmarg East are priced at an average of ₹22,300 per sq ft, having appreciated by 2.07%. In contrast, Under Construction projects are currently priced at ₹26,150 per sq ft, which reflects a depreciation of 1.77% over the measured period. This pricing structure allows buyers to choose between the immediate occupancy benefits of ready units or the potential modern amenities and payment flexibility often found in newer, under-construction developments.
As of June 2026, the average rental rate in Kanjurmarg East is ₹89 per sq ft, which has appreciated by 2.3% compared to the previous period. The locality currently offers a rental yield of 3.71%, a metric that provides investors with a clear picture of the potential annual income relative to the capital investment required for property ownership in this market.
Rental rates in Kanjurmarg East vary significantly by unit size, catering to a diverse tenant profile. As of June 2026, a 1 BHK apartment rents for an average of ₹45,500 per month, while a 2 BHK unit averages ₹65,550 per month. For larger requirements, 3 BHK apartments command an average of ₹1.02 Lakh per month, and 4 BHK units are available at an average of ₹1.38 Lakh per month.
Premium rental demand in Kanjurmarg East is led by projects such as Arkade Earth Bluebell, which currently commands the highest rental rate of ₹120 per sq ft as of June 2026. Other top-tier rental projects include Runwal Bliss Wing E at ₹112 per sq ft (which has seen a significant 16.67% appreciation) and Runwal Bliss Divine at ₹106 per sq ft. These projects are favoured by tenants for their modern infrastructure and strategic location within the micromarket.
Apartment rentals in Kanjurmarg East have shown strong growth, with the average rate reaching ₹100 per sq ft as of June 2026. This represents a notable appreciation of 11.24% over the comparison period, reflecting high demand for residential apartment living in the area and suggesting a competitive environment for prospective tenants.
The developer landscape in Kanjurmarg East is currently marked by the prominence of the Runwal group, which leads in transaction activity as of June 2026. Their significant presence, evidenced by multiple projects like Runwal Avenue and Runwal Bliss, highlights their role in shaping the residential supply and price benchmarks within this locality.
New Launch projects in Kanjurmarg East are currently priced at an average of ₹22,850 per sq ft as of June 2026. This segment has experienced a substantial appreciation of 9.8% compared to the previous period, which often signals strong developer confidence and high initial demand for new inventory entering the Kanjurmarg East market.
Kanjurmarg East presents a balanced profile for investors, supported by a rental yield of 3.71% and a steady appreciation in capital values, which reached an average of ₹28,750 per sq ft as of June 2026. With a mix of ready-to-move and under-construction projects, the locality offers diverse entry points, though investors should weigh the 1.3% capital appreciation against the current rental income potential to align with their specific financial goals.
