Property Rates in Kanjurmarg West, Mumbai 2026

Property prices in Kanjurmarg West have shown a fluctuating trajectory, with the location rate moving from ₹27,700 per sq ft in December 2025 to ₹27,000 per sq ft in March 2026, before reaching ₹27,950 per sq ft as of June 2026. This recent movement suggests a recovery in pricing following the dip observed in the first quarter of 2026.

The average asking price in Kanjurmarg West is currently ₹27,000 per sq ft, which sits higher than the Government Registration Rate of ₹17,500 per sq ft. Investors and homebuyers should note that the registration rate is a benchmark used for stamp duty calculations, while the asking price reflects current market sentiment and seller expectations based on 56 transactions recorded between September 2025 and August 2026.

As of June 2026, under-construction properties in Kanjurmarg West command a premium, with an average price of ₹29,000 per sq ft, having appreciated by 0.43% compared to previous data. In contrast, ready-to-move properties are priced at an average of ₹25,550 per sq ft, which reflects a depreciation of 3.37% over the same period, potentially offering better value for buyers looking for immediate possession.

The average rental rate in Kanjurmarg West is ₹84 per sq ft as of June 2026, with the market maintaining stability as the rate change remains at 0%. The locality currently offers a rental yield of 3.73%, which serves as a key metric for investors evaluating the income-generating potential of their residential assets relative to the capital investment required.

Rental rates in Kanjurmarg West vary significantly by configuration, with 1 BHK apartments averaging ₹40,050 per month, 2 BHK units at ₹53,150 per month, and 3 BHK units reaching ₹86,250 per month as of June 2026. This tiered pricing structure allows tenants to choose properties based on their space requirements, while landlords can use these benchmarks to align their rental expectations with current market demand.

As of June 2026, premium rental projects 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. While Runwal Forest Orchid saw a depreciation of 6.38% in its rental rate, Sheth Avante experienced an appreciation of 3.66%, highlighting how individual project amenities and status influence rental performance within the locality.

Kanjurmarg West, with an average asking price of ₹27,000 per sq ft, sits in a competitive position relative to neighbouring areas like Powai, which commands a higher average of ₹42,650 per sq ft (having appreciated by 4.07%). Other nearby localities show varied pricing, such as Bhandup West at ₹22,350 per sq ft (up 2.46%) and Vikhroli West at ₹29,300 per sq ft (down 0.77%), providing buyers with a range of options depending on their budget and connectivity needs.

The market in Kanjurmarg West is supported by a consistent flow of activity, evidenced by 56 registered transactions between September 2025 and August 2026, with a total gross value of ₹68 Cr. This volume of activity, combined with a current listing count of 132 properties, indicates a healthy level of liquidity for both buyers and sellers operating in this residential hub.

Apartments in Kanjurmarg West are currently priced at an average of ₹27,950 per sq ft as of June 2026, representing an appreciation of 3.6% compared to previous periods. This upward trend suggests sustained demand for apartment-style living in the area, which is a crucial signal for prospective buyers looking for long-term capital appreciation in a growing micromarket.