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Property Rates in Khar West, Mumbai

Comprehensive Market Snapshot

Khar West, Mumbai, presents a dynamic real estate market with an average asking price of ₹61,076 per sq ft and a registration rate of ₹46,398 per sq ft. The market shows a positive trend over the last few quarters, with the location rate projected to reach ₹61,076 by Mar 2026. Residential apartments are a key segment, averaging ₹61,076 per sq ft, while office spaces are priced at ₹63,114 per sq ft. The rental market averages ₹201 per sq ft with a rental yield of 3.95%.

  • The average asking price stands at ₹61,076 per sq ft.
  • Apartments average ₹61,076 per sq ft, showing a 1.17% increase.
  • The rental yield in Khar West is recorded at 3.95%.
  • Ready To Move properties are priced at ₹48,414 per sq ft, with a notable decrease of -7.88%.
  • The highest transaction value project is Kamala New Apsara at ₹12 Cr.

  • Asking Sale Price₹ 61,076 /sq.ft
  • Govt. Registration Prices₹ 46,398 /sq.ft
  • Average Rental₹ 201 /sq.ft
  • Rental Yield3.95 %

Insights for Khar West, Mumbai Real Estate Market

Khar West in Mumbai exhibits a robust property market, with an average asking price of ₹61,076 per sq ft and a registration rate of ₹46,398 per sq ft. Price trends indicate steady growth, with location rates anticipated to rise to ₹61,076 by March 2026. The market is diverse, featuring apartments averaging ₹61,076 per sq ft and showrooms at ₹1.04 Lakh per sq ft. The rental segment is active, boasting an average rental rate of ₹201 per sq ft and a rental yield of 3.95%, with 2 BHK apartments commanding approximately ₹1.39 Lakh per month. Government registrations show 307 transactions totaling ₹1,331 Cr, with an average registered rate of ₹46,400 per sq ft during May 2025 to April 2026. Supreme Universal leads in developer transactions with 2 units.

  • The average asking price for properties in Khar West is ₹61,076 per sq ft, with apartment prices averaging the same.
  • Price projections show a steady upward trend, with the location rate expected to reach ₹61,076 by March 2026.
  • The rental market offers a yield of 3.95%, with 2 BHK apartments averaging ₹1.39 Lakh per month and 5 BHK apartments reaching ₹9.05 Lakh per month.
  • Government registrations reveal significant activity with 307 transactions valued at ₹1,331 Cr.
  • Supreme Universal is the leading developer by transactions, with 2 units registered.

Market Strengths Market Strengths
  • The average asking price for properties in Khar West is ₹61,076 per sq ft.
  • Apartments are a strong segment, averaging ₹61,076 per sq ft with a 1.17% increase.
  • The rental market yields a healthy 3.95%.
  • Higher BHK configurations like 5 BHK apartments fetch an average rent of ₹9.05 Lakh per month.
  • Pali Hill shows strong growth with a 6.31% increase, reaching ₹82,916 per sq ft.
  • Bandra West also demonstrates significant appreciation with an 8.15% rise, averaging ₹62,005 per sq ft.
Market Challenges Market Challenges
  • Office spaces have seen a decrease in average price by -8.22%.
  • Ready To Move properties have experienced a price drop of -7.88%, suggesting potential market adjustments or increased supply.
Investment Opportunities Investment Opportunities
  • Apartments in Khar West offer a stable investment with an average price of ₹61,076 per sq ft and a 1.17% increase.
  • The rental market presents an attractive yield of 3.95%, with higher BHK configurations like 4 BHK and 5 BHK commanding rents of ₹4.12 Lakh and ₹9.05 Lakh per month respectively.
  • Properties in Vithaldas Nagar, priced at ₹65,625 per sq ft, offer potential for appreciation, contrasted with lower priced areas.
  • Ready To Move properties are available at ₹48,414 per sq ft, offering immediate occupancy potential despite a recent price dip.
  • Office spaces, averaging ₹63,114 per sq ft, provide diversification opportunities within the commercial real estate sector.
Property Valuation

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Property Price Trends in Khar West, Mumbai

Asking Price Trends

The property market in Khar West is experiencing a steady upward trend. Projections indicate that the average location rate will increase from ₹60,370 per sq ft in December 2025 to ₹61,076 per sq ft by March 2026. This consistent growth suggests a strengthening market dynamic for property investments in the area.

Quarter City Rate
Mar 2026 61076
Dec 2025 60370
Sep 2025 59006
Jun 2025 59248
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Price Trends by Property Type

Khar West's real estate market offers diverse property types. Apartments are priced at an average of ₹61,076 per sq ft, showing a modest 1.17% increase, making them a popular choice. Office spaces are available at ₹63,114 per sq ft, experiencing a slight decrease of -8.22%. Showrooms represent the high-end segment, averaging ₹1.04 Lakh per sq ft with no reported change.

Type Rate (₹/sq.ft) Change %
Showroom 1,03,529 -
Office Space 63,114 -8.22
Apartment 61,076 1.17
Price Trends by Project Status

Properties in Khar West cater to various buyer needs across different construction stages. Ready To Move inventory, comprising 377 units, is priced at ₹48,414 per sq ft with a -7.88% change. Under Construction projects offer 21 units at ₹53,396 per sq ft, indicating a -0.93% shift. New Launch projects, with 8 units, are priced at ₹43,422 per sq ft, showing a -3.98% change, appealing to those seeking newer developments.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 496 48,441 -6.07
Under Construction 21 53,396 -0.93
New Launch 8 43,422 -3.98
Price Trends by Localities

Khar West presents a varied price landscape across its micro-markets. Vithaldas Nagar stands out with an average rate of ₹65,625 per sq ft, while Pali Hill commands a premium at ₹82,916 per sq ft, showing a 6.31% increase. Santacruz West averages ₹56,950 per sq ft with a 3.84% rise, and Bandra West is priced at ₹62,005 per sq ft, reflecting an 8.15% growth. In contrast, areas like Vakola are priced significantly lower at ₹29,487 per sq ft, indicating diverse investment opportunities within the broader Khar West region.

Location Rate (₹/sq.ft) Change %
Linking Road 39,405 -
Vithaldas Nagar 65,625 -
Pali Hill 82,916 6.3
Khar East 49,018 -
Santacruz West 56,950 3.8
Bandra West 62,005 8.2
Bandra East 61,572 13.5
Vakola 29,487 -15.5
Santacruz East 34,363 7.9
Daulat Nagar 27,184 -

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Khar West showcase high asking rates, reflecting their exclusivity. Kanakia K14 and Dunhill Apartment lead with asking rates of ₹93,736 per sq ft, both experiencing a significant 43.72% and 43.36% increase respectively. Azumi CHS is listed at ₹82,216 per sq ft, followed by Ekta Verve at ₹81,332 per sq ft with a 1.91% growth. These projects represent the aspirational segment of the market, attracting buyers seeking luxury and prime locations.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Kanakia K14 93,736 43.7
Dunhill Apartment 93,736 43.4
Azumi Chs 82,216 -
Ekta Verve 81,332 1.9
Supreme Badrinath 80,207 -
Bhole Apartment 77,273 64.7
S Raheja New Light 76,957 1.1
Vidhata Apartment 76,470 -
Rustomjee Paramount F Wing 75,240 12.3
Amal Pushp Vatika 75,114 -
Project Name Current Price (₹/sq.ft) Sale Value Change %
Kamala New Apsara - ₹ 12 Cr -
Supreme Royal Accord 59,962 ₹ 10 Cr -
Anand Vihar Chs 44,848 ₹ 7 Cr -
Leela Kunj 45,562 ₹ 3.65 Cr -
Sosar The Solaris 53,270 ₹ 2.68 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
Supreme Royal Accord 59,962 2 -
Sosar The Solaris 53,270 1 -
Leela Kunj 45,562 1 -
Anand Vihar Chs 44,848 1 -
Kamala New Apsara - 1 -
Top Projects by Rental Rates

Premium rental projects in Khar West include Lalani Fairmont, which commands ₹279 per sq ft with a significant 13.88% increase, and Next Avenue Apartment at ₹266 per sq ft. Rustomjee Paramount F Wing and Rustomjee Paramount offer rentals at ₹258 per sq ft and ₹254 per sq ft respectively, indicating consistent demand for these established developments.

Project Name Rate (₹/sq.ft) Change %
Lalani Fairmont 279 13.9
Next Avenue Apartment 266 -
Rustomjee Paramount F Wing 258 -
Rustomjee Paramount 254 -0.4
Elite Shree Ram Residency 245 -
Pr Hira 240 20.6
Supreme Badrinath 237 -5.9
Supreme Ecstasy Ii 237 -
Ekta Empress 236 -
Shapoorji Pallonji The Designate 235 -0.8
Top Developers by Transaction Count

Premium residential developments in Khar West showcase high asking rates, reflecting their exclusivity. Kanakia K14 and Dunhill Apartment lead with asking rates of ₹93,736 per sq ft, both experiencing a significant 43.72% and 43.36% increase respectively. Azumi CHS is listed at ₹82,216 per sq ft, followed by Ekta Verve at ₹81,332 per sq ft with a 1.91% growth. These projects represent the aspirational segment of the market, attracting buyers seeking luxury and prime locations.

  • By Transaction

Government Registration in Khar West, Mumbai

  • Sales Transactions307
  • Gross Sales Value₹ 1,331 Cr
  • Registered Rate₹ 46,400 /sq.ft

Official registration data for Khar West reveals substantial market activity, with 307 transactions recorded between May 2025 and April 2026, generating a gross value of ₹1,331 Cr. The average registered rate stands at ₹46,400 per sq ft. Supreme Universal leads developer transactions with 2 units, while Kamala Group and Evershine Builders Pvt Ltd are also active.

Property Rental Trends in Khar West, Mumbai

Rental Trends by Unit Type

The rental market in Khar West shows a clear progression in pricing with increasing BHK configurations. Studio apartments average ₹50,167 per month, while 1 BHK units are priced at ₹69,212 per month. Demand rises significantly for larger units, with 2 BHK apartments averaging ₹1.39 Lakh per month, 3 BHK at ₹2.3 Lakh, 4 BHK at ₹4.12 Lakh, and 5 BHK units commanding an impressive ₹9.05 Lakh per month.

Unit Type Rate (₹)
Studio 50,167
1 Bhk 69,212
2 Bhk 1,38,901
3 Bhk 2,30,007
4 Bhk 4,12,381
5 Bhk 9,05,000
Rental Trends by Nearby Localities

Rental rates vary across Khar West's micro-locations. Ambedkar Colony leads with an average rental rate of ₹287 per sq ft, while Ram Krishna Nagar follows at ₹236 per sq ft. Pali Hill shows a positive change of 4.65%, with rentals at ₹225 per sq ft. Conversely, Govind Dham has seen a slight decrease of -1.7%, averaging ₹173 per sq ft.

Locality Rate (₹/sq.ft) Change %
Ram Krishna Nagar 236 -
Govind Dham 173 -1.7
Ambedkar Colony 287 -
Vithaldas Nagar 221 -
Pali Hill 225 4.7
Khar East 121 -
Danda 216 -
Navin Nagar 213 -
St. Peters Colony 210 11.7
Turner Road 207 -
Rental Trends by Property Type

Apartments are the dominant property type for rentals in Khar West, averaging ₹201 per sq ft with a notable 5.79% year-on-year increase. Office spaces are also available, though at a higher rate of ₹312 per sq ft, showing a slight decrease of -0.64%.

Property Type Rate (₹/sq.ft) Change %
Office Space 312 -0.6
Apartment 201 5.8

FAQs about Property Rates in Khar West, Mumbai

What is the average asking price in Khar West as of March 2026?

As of March 2026, the average asking price in Khar West is ₹61,076 per square foot. This represents an appreciation of 1.17% from the previous period, indicating a steady increase in property values within the locality. The current listing count stands at 430 properties.

How have property prices in Khar West trended over the last few quarters?

Property prices in Khar West have shown a general upward trend. From ₹59,248 per sq ft in June 2025, the average location rate increased to ₹61,076 per sq ft by March 2026, marking a notable appreciation. While there was a slight dip in September 2025 to ₹59,006 per sq ft, the overall trajectory indicates a positive market sentiment and sustained demand in Khar West.

What is the difference between the average asking price and the Government Registration Rate in Khar West?

As of March 2026, the average asking price in Khar West is ₹61,076 per square foot, while the Government Registration Rate is approximately ₹46,398 per square foot. This indicates a difference of about ₹14,678 per square foot between what sellers are asking and the rate at which properties are officially registered, suggesting a premium being sought by sellers.

How do property rates vary across different micromarkets within Khar West?

Property rates in Khar West show significant variation across its micromarkets. Pali Hill commands the highest average rate at ₹82,916 per sq ft, having appreciated by 6.31%. Bandra West and Bandra East also show strong rates at ₹62,005 and ₹61,572 per sq ft, respectively, with Bandra East seeing a substantial 13.53% appreciation. In contrast, areas like Vakola have a much lower average rate of ₹29,487 per sq ft, experiencing a depreciation of 15.46%.

What are the average prices for different property types in Khar West as of March 2026?

As of March 2026, apartments in Khar West have an average price of ₹61,076 per square foot, showing a 1.17% appreciation. Office spaces are priced at ₹63,114 per square foot, but have seen a depreciation of 8.22%. Showrooms are the most premium, with an average price of ₹1.04 Lakh per square foot, remaining stable with no change percentage.

How do property prices differ based on the construction status in Khar West?

In Khar West, property prices vary by construction status as of March 2026. 'Ready To Move' properties are priced at ₹48,414 per sq ft, showing a depreciation of 7.88%. 'Under Construction' properties are listed at ₹53,396 per sq ft, with a slight depreciation of 0.93%. 'New Launch' projects are priced at ₹43,422 per sq ft, down by 3.98%. 'Partially Ready To Move' properties are priced higher at ₹63,518 per sq ft, with a marginal appreciation of 0.56%.

Which projects in Khar West have seen the most transactions?

As of March 2026, Supreme Royal Accord in Vasant Vihar has recorded the highest number of transactions with 2 units sold, at a rate of ₹59,962 per sq ft. Other projects like Sosar The Solaris, Leela Kunj, and Anand Vihar CHS have each seen one transaction. The project Kamala New Apsara also had one transaction, though its current rate is not specified.

What are the top projects in Khar West based on total transaction value?

Kamala New Apsara leads in total transaction value in Khar West, with a sale value of ₹12 Cr. Following closely is Supreme Royal Accord, valued at ₹10 Cr and having recorded 2 transactions at ₹59,962 per sq ft. Anand Vihar CHS has a transaction value of ₹7 Cr, Leela Kunj is valued at ₹3.65 Cr, and Sosar The Solaris at ₹2.68 Cr.

Which projects in Khar West have the highest listing rates as of March 2026?

As of March 2026, Kanakia K14 and Dunhill Apartment in Khar West list properties at a high rate of ₹93,736 per sq ft, both showing a significant appreciation of 43.72% and 43.36% respectively. Other projects with high listing rates include Azumi CHS at ₹82,216 per sq ft and Ekta Verve at ₹81,332 per sq ft, which has appreciated by 1.91%.

Which developers have the highest transaction activity in Khar West?

Supreme Universal has recorded the highest number of transactions in Khar West with 2 units sold. Several other developers, including Mahendra Valji Rathod, Bhoomi Group, Kamala Group, Evershine Builders Pvt Ltd, Sun Star Spaces, Sosar Enterprises, Darvesh Group, and Bajaj Builders, have each recorded one transaction in the area.

What is the average rental rate and rental yield in Khar West as of March 2026?

As of March 2026, the average rental rate in Khar West stands at ₹201 per square foot, with apartments showing a 5.79% appreciation in rental values. The area offers a rental yield of 3.95%, which is a key metric for investors to gauge the potential return on investment from rental income relative to property value.

How do rental rates vary across different BHK configurations in Khar West?

In Khar West, rental rates increase significantly with the number of BHKs. Studio apartments command an average rent of ₹50,167 per month, while 1 BHK units average ₹69,212 per month. For larger families, 2 BHKs are around ₹1.39 Lakh per month, 3 BHKs are ₹2.3 Lakh per month, 4 BHKs are ₹4.12 Lakh per month, and 5 BHKs reach an average of ₹9.05 Lakh per month.

How do rental rates compare across different micromarkets within Khar West?

Rental rates in Khar West's micromarkets vary, with Ambedkar Colony showing the highest average at ₹287 per sq ft. Pali Hill follows with ₹225 per sq ft, appreciating by 4.65%. Vithaldas Nagar and Danda are at ₹221 and ₹216 per sq ft, respectively. Khar East has the lowest average rental rate at ₹121 per sq ft.

What are the top projects in Khar West based on current rental rates?

As of March 2026, Lalani Fairmont in Khar West has the highest rental rate at ₹279 per sq ft, showing a significant 13.88% appreciation. Next Avenue Apartment and Rustomjee Paramount F Wing are also among the top, with rental rates of ₹266 and ₹258 per sq ft, respectively. Rustomjee Paramount is listed at ₹254 per sq ft, with a slight depreciation of 0.39%.

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