Mumbai
Kanjurmarg East remains a high-demand residential hub in Mumbai, characterized by a steady appreciation in property values and a robust rental market. The area's development landscape is currently dominated by premium residential projects, with significant interest in both ready-to-move and under-construction segments. Rental demand is equally strong, supported by a healthy yield and a variety of configurations ranging from 1 BHK to 4 BHK apartments. Government registration data confirms substantial activity, with total transaction values reaching ₹255 Cr over the past year.
As of June 2026, the average asking price in Kanjurmarg East stands at ₹28,750 per sq ft. This figure reflects an appreciation of 1.3% compared to previous periods, indicating a resilient and steady demand for residential apartments in this micromarket.
The average asking price in Kanjurmarg East is currently ₹28,750 per sq ft, which sits notably higher than the Government Registration Rate of ₹22,250 per sq ft as of June 2026. This gap between the market-driven asking price and the official registration rate is a common observation in high-demand urban pockets, reflecting the premium buyers are willing to pay for current market value and amenities.
Property rates in Kanjurmarg East have shown a consistent upward trajectory, moving from ₹27,400 per sq ft in September 2025 to the current ₹28,750 per sq ft as of June 2026. This steady growth signals sustained investor confidence and strong end-user demand within the locality, making it an area of continued interest for real estate stakeholders.
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% over the observed period. In contrast, Under Construction projects are currently priced at ₹26,150 per sq ft, which reflects a depreciation of 1.77% compared to the prior period. This pricing structure suggests that buyers are currently finding more competitive entry points in established, ready-to-occupy inventory.
The average rental yield in Kanjurmarg East is 3.71% as of June 2026, providing a clear metric for investors to evaluate income potential relative to capital outlay. With an average rental rate of ₹89 per sq ft, which has appreciated by 2.3% over the relevant period, the locality offers a balanced proposition for those looking to combine long-term asset appreciation with consistent rental income.
Rental rates in Kanjurmarg East are tiered by unit size to cater to diverse tenant profiles, with 1 BHK apartments averaging ₹45,500 per month and 2 BHK units at ₹65,550 per month as of June 2026. For larger space requirements, 3 BHK units command an average of ₹1.02 Lakh per month, while 4 BHK configurations reach ₹1.38 Lakh per month. This range allows both tenants and landlords to align their expectations with the specific space and budget dynamics of the locality.
As of June 2026, Arkade Earth Bluebell leads the rental market in Kanjurmarg East with a rate of ₹120 per sq ft, maintaining stable pricing. Other premium options include Runwal Bliss Wing E at ₹112 per sq ft, which has seen a significant appreciation of 16.67%, and Runwal Bliss Divine at ₹106 per sq ft. These projects command higher rates due to their specific positioning and amenities, standing above the broader locality average of ₹100 per sq ft for apartments.
Buyers should use the June 2026 data as a benchmark to compare asking prices against the broader market context, such as the Government Registration Rate of ₹22,250 per sq ft. By observing the price trends—which show a rise from ₹27,400 per sq ft in September 2025 to ₹28,750 per sq ft in June 2026—investors can gauge the growth momentum of the area. Always consider the status of the project, as Ready To Move units at ₹22,300 per sq ft offer a different value proposition compared to New Launch projects at ₹22,850 per sq ft.
