Property Rates in Kanjurmarg West, Mumbai 2026

Property prices in Kanjurmarg West have shown a mixed trajectory over the last few quarters. As of June 2026, the location rate stands at ₹27,950 per sq ft, rising from ₹27,000 per sq ft in March 2026. Prior to that, the rate was ₹27,700 per sq ft in December 2025 and ₹27,200 per sq ft in September 2025, suggesting a volatile but generally resilient market environment for buyers.

The average asking price in Kanjurmarg West is currently ₹27,000 per sq ft, while the Government Registration Rate is ₹17,500 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common feature in urban real estate, often reflecting the premium value placed on amenities, project quality, and location-specific demand that exceeds base registration benchmarks.

As of June 2026, Under Construction properties in Kanjurmarg West command a higher average price of ₹29,000 per sq ft, which has appreciated by 0.43% compared to the previous period. In contrast, Ready To Move properties are priced at an average of ₹25,550 per sq ft, reflecting a depreciation of 3.37% over the same period. This trend suggests that newer, under-construction projects are currently attracting a premium due to modern specifications and future growth potential.

The average rental yield in Kanjurmarg West is 3.73% as of June 2026. For investors, this yield represents the annual rental income generated relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of an asset alongside potential capital appreciation.

Rental rates in Kanjurmarg West are tiered by unit size, with 1 BHK apartments averaging ₹40,050 per month, 2 BHK apartments at ₹53,150 per month, and 3 BHK apartments reaching ₹86,250 per month as of June 2026. This structure provides a clear entry point for different tenant profiles, with larger configurations commanding significantly higher monthly outlays, reflecting the demand for spacious living in the area.

As of June 2026, the projects commanding the highest rental rates in Kanjurmarg West include Runwal Forest Orchid at ₹88 per sq ft, Sheth Avante at ₹85 per sq ft, and Runwal Forests at ₹84 per sq ft. These projects are positioned at the top of the rental market due to their specific project-level amenities and location advantages, though rental performance varies; for instance, Runwal Forest Orchid saw a depreciation of 6.38% in its rental rate, while Sheth Avante experienced an appreciation of 3.66% during the same period.

Property prices in Kanjurmarg West (₹27,000 per sq ft) are positioned competitively against surrounding areas. For instance, Powai commands a significantly higher average rate of ₹42,650 per sq ft, which has appreciated by 4.07%. Meanwhile, Bhandup West is more affordable at ₹22,350 per sq ft, having appreciated by 2.46%, and Vikhroli West is priced at ₹29,300 per sq ft, showing a slight depreciation of 0.77% as of June 2026.

Buyers should view the listing rates of top projects as a benchmark for premium housing in Kanjurmarg West. Projects like K Raheja Antares and Adani Airica are currently listed at ₹29,000 per sq ft, with K Raheja Antares showing an appreciation of 0.87% as of June 2026. These rates reflect the market's valuation of high-end residential developments, and comparing these against the locality average of ₹27,000 per sq ft helps identify the premium one pays for established developer brands and modern infrastructure.