Mumbai
The Khar West real estate market is characterized by premium pricing and sustained interest in both residential and commercial segments. Recent trends indicate a steady movement in capital values for apartments, while the rental market shows strong performance with an average rate of ₹201 per sq ft. Registration data highlights a active period with 137 transactions contributing to a gross value of ₹587 Cr. The development landscape is supported by a mix of ready-to-move and new launch projects that cater to varying buyer timelines and preferences.
As of June 2026, the average asking price in Khar West is ₹61,100 per sq ft. This figure reflects an appreciation of 1.17% compared to previous periods, indicating sustained demand for residential real estate in this premium locality.
The current average asking price in Khar West of ₹61,100 per sq ft sits notably above the Government Registration Rate of ₹44,200 per sq ft, as of June 2026. This gap between the market-driven asking price and the government-notified rate is common in high-demand, premium residential pockets where property values are driven by luxury amenities and prime location factors.
The price trend in Khar West has shown a generally upward trajectory over the last year. As of June 2026, the location rate stands at ₹61,000 per sq ft, following a steady progression from ₹59,000 per sq ft in September 2025 to ₹61,100 per sq ft in March 2026, signaling consistent investor and end-user confidence in the area.
As of June 2026, property rates in Khar West vary significantly by asset class. Showrooms command the highest premium at ₹1.04 Lakh per sq ft (stable with 0% change), followed by office spaces at ₹64,650 per sq ft, which appreciated by 2.45%. Apartments, the most common residential asset, are priced at ₹61,000 per sq ft, showing a minor depreciation of 0.14%.
Property prices in Khar West are influenced by project status, with Well Occupied projects currently commanding ₹53,250 per sq ft as of June 2026, having appreciated by 10.54%. Under Construction projects are priced at ₹53,850 per sq ft (up 0.81%), while Ready To Move units are available at ₹47,900 per sq ft, reflecting a 1.09% depreciation. New Launch projects are currently priced at ₹48,850 per sq ft, marking a significant appreciation of 12.49%.
As of June 2026, the average rental yield in Khar West is 3.95%, with an average rental rate of ₹201 per sq ft. This yield represents the annual rental income relative to the property's capital value, providing investors with a benchmark to evaluate the income-generating potential of their residential assets in this high-value market.
Rental rates in Khar West scale significantly with unit size, as of June 2026. Monthly rents range from ₹43,500 for a Studio apartment to ₹78,000 for a 1 BHK, ₹1.36 Lakh for a 2 BHK, ₹2.37 Lakh for a 3 BHK, ₹4.39 Lakh for a 4 BHK, and up to ₹9.45 Lakh for a 5 BHK. This wide range caters to diverse tenant profiles, from young professionals to high-net-worth families seeking luxury living.
As of June 2026, premium projects leading the rental market in Khar West include Lalani Fairmont at ₹279 per sq ft (up 13.88%), Next Avenue Apartment at ₹266 per sq ft (stable at 0%), and Rustomjee Paramount F Wing at ₹258 per sq ft (stable at 0%). These projects command higher-than-average rents due to their superior build quality, location advantages, and modern amenities.
Rental rates vary across the locality, with areas like Danda and Ram Krishna Nagar commanding ₹250 per sq ft, as of June 2026. Other areas such as Pali Hill, Santacruz West, and Ambedkar Colony hover around ₹200 per sq ft. Notably, Danda has seen a 10.19% appreciation, while Ambedkar Colony experienced a 31.71% depreciation, reflecting the localized nature of rental demand and supply shifts.
As of June 2026, the most premium projects in Khar West by listing rate include Kanakia K14 and Dunhill Apartment, both priced at ₹93,350 per sq ft, showing a 0.39% depreciation. Other notable high-value projects include Sun The 50 Seven at ₹82,600 per sq ft and H Rishabraj Pooja at ₹80,750 per sq ft, the latter of which has seen a significant appreciation of 26.93%.
Buyers should use the property rates data for Khar West to benchmark asking prices against the broader market trends and the Government Registration Rate. By observing the price differences between Ready To Move and Under Construction projects, as well as the rental yield of 3.95% as of June 2026, investors can better assess whether a property aligns with their capital appreciation goals or immediate rental income requirements.
