Property Rates in Kanjurmarg West, Mumbai

Property prices in Kanjurmarg West have seen fluctuations over the past year. From June 2025 to March 2026, the average asking price for the locality decreased from ₹28,316 per sq ft to ₹26,998 per sq ft, a decline of 4.65%. However, micromarket rates within Kanjurmarg West showed a significant increase from ₹19,380 per sq ft in June 2025 to ₹32,994 per sq ft in March 2026, suggesting varied performance across different micro-neighbourhoods.

As of March 2026, the average asking price in Kanjurmarg West stands at ₹26,998 per sq ft, while the Government Registration Rate is ₹18,286 per sq ft. This significant difference suggests that the actual transaction values might be lower than the initial asking prices, with the registration rate providing a benchmark for official property valuations.

Property rates vary notably across neighborhoods in Kanjurmarg West. As of March 2026, areas like Kanjurmarg East show an average rate of ₹28,747 per sq ft, appreciating by 4.93% from the previous period. In contrast, LBS Marg has an average rate of ₹25,397 per sq ft, experiencing a depreciation of 7.48%. Other areas like Tagore Nagar (₹25,824 per sq ft) and Bhandup East (₹29,218 per sq ft) also show distinct price points and recent trends.

As of March 2026, the average price for apartments in Kanjurmarg West is ₹26,998 per sq ft. This figure has depreciated by 2.56% compared to the previous period, indicating a slight decrease in apartment asking prices within the locality.

In Kanjurmarg West, as of March 2026, Ready To Move properties are priced at an average of ₹26,456 per sq ft, showing a 2.02% appreciation. Under Construction properties are priced higher at ₹28,868 per sq ft, with a 0.98% appreciation. Properties that are Partially Ready To Move are priced at ₹27,545 per sq ft, showing a marginal 0.16% appreciation, while Well Occupied properties are at ₹23,437 per sq ft with a 1.82% increase.

Runwal Forests in Ambedkar Nagar, Kanjurmarg West, leads in transaction volume with 12 transactions, though its rate has depreciated by 3.10% to ₹27,651 per sq ft. Adani Airica and Sheth Avante also feature, with 2 transactions each. Sheth Avante has shown a significant appreciation of 10.54%, reaching ₹28,562 per sq ft, while Adani Airica's rate has depreciated by 1.33% to ₹30,185 per sq ft.

As of March 2026, several projects in Kanjurmarg West are listed at premium rates, with Runwal Forest Orchid, Runwal Hazel, Runwal Citrus, Runwal Orchid, Runwal Oak, and Runwal Walnut all listed at ₹29,503 per sq ft, with varying appreciation percentages. Adani Airica is listed at ₹28,980 per sq ft, showing a 1.07% appreciation, and Sheth Avante is listed at ₹28,460 per sq ft, reflecting a 1.95% depreciation.

Runwal is the developer with the highest number of transactions in Kanjurmarg West, recording 12 transactions. Adani Realty and Ashwin Sheth Group follow with 2 transactions each. Gundecha Builders and Skyline Group each have recorded 1 transaction in the area.

The average rental rate in Kanjurmarg West is ₹84 per sq ft as of March 2026. The area offers a rental yield of 3.73%, which suggests that for every ₹100 invested in property, an annual rental income of ₹3.73 can be expected. This yield is a key metric for investors assessing the income-generating potential of their real estate investments in the locality.

In Kanjurmarg West, rental rates vary significantly by BHK configuration. As of March 2026, a 1 BHK apartment typically rents for ₹39,530 per month. For a 2 BHK apartment, the average rent is ₹53,330 per month, and for a 3 BHK apartment, it rises to ₹85,940 per month. This progression indicates a clear demand for larger units and higher rental income potential for properties with more bedrooms.

Among the micromarkets analyzed near Kanjurmarg West, Tirandaz shows the highest average rental rate at ₹92 per sq ft. Kanjurmarg East and Datar Colony also command high rents at ₹89 per sq ft, with Kanjurmarg East appreciating by 2.3%. Conversely, GKW Colony offers the lowest average rental rate at ₹60 per sq ft, indicating a significant difference in rental demand and pricing across these sub-localities.

Runwal Forest Orchid leads in rental rates in Kanjurmarg West at ₹88 per sq ft, despite a recent 6.38% depreciation. Sheth Avante follows with a rental rate of ₹85 per sq ft, showing a 3.66% appreciation. Runwal Forests is listed at ₹84 per sq ft, with a 1.18% depreciation. These projects represent premium rental offerings within the locality.