Mumbai
Kanjurmarg East presents a dynamic real estate landscape characterized by steady price points and active rental interest. The market sustains a balanced supply of ready-to-move and under-construction apartments, catering to diverse buyer profiles ranging from immediate occupiers to long-term investors. Rental demand is robust, supported by a healthy 4.30% rental yield and consistent interest in various BHK configurations. Recent government registration data highlights active deal flow, confirming sustained buyer confidence in the region. The presence of premium projects continues to influence the overall price trajectory, maintaining the locality's attractiveness within the Mumbai central suburbs.
As of September 2026, the average asking price in Kanjurmarg East stands at ₹28,200 per sq ft. This figure reflects a market adjustment, having depreciated by 1.93% compared to previous periods. While this indicates a slight softening in price, the locality remains a significant residential hub in the Mumbai central suburbs.
Property prices in Kanjurmarg East have shown a slight downward trajectory over the last few quarters. As of September 2026, the location rate is ₹28,050 per sq ft, down from ₹28,200 per sq ft in June 2026 and ₹28,750 per sq ft in March 2026. This trend suggests a period of price consolidation, which may offer a more stable entry point for prospective homebuyers compared to the peak seen in early 2026.
The average asking price in Kanjurmarg East is ₹28,200 per sq ft, whereas the Government Registration Rate is recorded at ₹20,950 per sq ft as of September 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is a common feature in urban real estate, and buyers should account for this difference when calculating their total acquisition costs and stamp duty obligations.
Property prices in Kanjurmarg East are segmented by project status, with Ready To Move units averaging ₹24,100 per sq ft as of September 2026, marking an appreciation of 8.16% from the prior period. In contrast, Under Construction projects are priced at ₹25,750 per sq ft, which has seen a depreciation of 1.37%, while New Launch projects are currently at ₹22,250 per sq ft, reflecting a 2.6% depreciation. These variations highlight that completed, move-in-ready inventory currently commands a different value proposition compared to ongoing developments.
As of September 2026, the average rental rate in Kanjurmarg East is ₹101 per sq ft, which has appreciated by 13.48% compared to previous periods. The locality currently offers a rental yield of 4.30%. For investors, this yield indicates the potential annual rental income relative to the capital investment, making it a key metric to evaluate the income-generating capacity of properties in this area.
Rental rates in Kanjurmarg East are tiered by unit size to cater to different tenant profiles. As of September 2026, a 1 BHK apartment typically rents for ₹45,800 per month, while a 2 BHK unit averages ₹67,250 per month. Larger configurations command higher premiums, with 3 BHK apartments averaging ₹1.05 Lakh per month and 4 BHK units reaching ₹1.38 Lakh per month. This range provides options for both single professionals and larger families looking for residential space in the locality.
As of September 2026, premium rental demand in Kanjurmarg East is led by projects such as Arkade Earth Bluebell, which commands ₹120 per sq ft, and Runwal Bliss Wing E, which is priced at ₹112 per sq ft. Runwal Bliss Wing E has seen a notable appreciation of 16.67% in its rental rate. Other prominent projects include Runwal Bliss Divine at ₹106 per sq ft and Runwal Bliss Wing C at ₹102 per sq ft, reflecting the strong rental appeal of these specific developments.
Property prices in Kanjurmarg East, at ₹28,200 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Lbs Marg commands a higher average of ₹32,900 per sq ft, while Vikhroli East is priced at ₹30,250 per sq ft with a 5.43% appreciation. Conversely, more affordable options are found in areas like Kannamwar Nagar at ₹22,850 per sq ft, which has appreciated by 4.9%, and Bhandup West at ₹25,150 per sq ft, which has seen a significant 12.51% appreciation.
The premium segment in Kanjurmarg East is dominated by projects with high listing rates as of September 2026. Lodha Codename Gold Rush leads with ₹34,850 per sq ft, having appreciated by 19.47%, followed closely by Lodha Augusta and Lodha Celestia, both at ₹34,800 per sq ft with an appreciation of 19.21%. Other high-value projects include Runwal Corbett at ₹34,750 per sq ft (12.75% appreciation) and various wings of Runwal Avenue and Runwal Bliss, all maintaining price points above ₹33,000 per sq ft.
A buyer should view the price trends in Kanjurmarg East as a signal of a maturing market. With the average asking price at ₹28,200 per sq ft as of September 2026 and a quarterly depreciation of 1.93%, the market is currently experiencing a correction. This stability or slight dip can be advantageous for end-users looking to enter the market, as it contrasts with the sharp appreciation seen in specific premium projects, suggesting that careful project-level selection is essential for value-based buying.
