Property Rates in Lokhandwala, Mumbai 2026

Property prices in Lokhandwala have shown a dynamic trajectory, with the average asking price rising from ₹28,000 per sq ft in December 2025 to ₹30,300 per sq ft by June 2026. While there was a temporary dip observed in September 2025, the consistent upward movement over the last two quarters indicates a resilient market environment for investors and end-users alike.

As of June 2026, Under Construction properties in Lokhandwala command a premium average price of ₹40,650 per sq ft, which has remained stable with 0% change compared to the previous period. In contrast, Ready To Move properties are priced at an average of ₹33,900 per sq ft, having appreciated by 4.29% from the previous period, reflecting the high demand for immediate occupancy in this locality.

The average rental yield in Lokhandwala is currently 3.46% as of June 2026. This yield, paired with an average rental rate of ₹87 per sq ft—which has appreciated significantly by 22.54%—suggests that Lokhandwala is becoming an increasingly attractive market for investors looking for both capital appreciation and consistent rental income streams.

Rental rates in Lokhandwala vary by configuration, with 1 BHK apartments averaging ₹42,500 per month, while 2 BHK and 3 BHK units command similar averages of ₹94,200 and ₹94,850 per month, respectively. For those seeking larger spaces, 4 BHK apartments are available at an average of ₹1.4 Lakh per month as of June 2026, catering to a diverse tenant profile ranging from young professionals to large families.

As of June 2026, Supreme 19 and Brookh Hill Tower lead the rental market in Lokhandwala, with current rental rates of ₹148 per sq ft and ₹146 per sq ft, respectively. These projects maintain their premium positioning due to their specific amenities and high-demand location, consistently outperforming the broader locality average for rental properties.

Property prices in Lokhandwala, at ₹30,150 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Gokuldham Colony commands a higher average of ₹46,950 per sq ft, though it has seen a depreciation of 6.47%, whereas more accessible options like Kandivali West are priced at ₹25,100 per sq ft, having depreciated by 2.41% as of June 2026.

Supreme 19 currently holds the highest listing rate in Lokhandwala at ₹44,650 per sq ft, having appreciated by 15.18% as of June 2026. Other premium projects include Springfield II at ₹43,400 per sq ft and Kul Elixir at ₹41,600 per sq ft, the latter of which has seen an appreciation of 6.54% over the same period, reflecting strong value retention for high-end residential assets.

Price appreciation data, such as the 7.7% increase in the average asking price for Lokhandwala as of June 2026, serves as a key indicator of market health and buyer confidence. When evaluating a purchase, buyers should look at these trends alongside the specific property status—such as the 4.29% appreciation in Ready To Move units—to determine if the current entry price aligns with their long-term investment goals.

Yes, the rental market in Lokhandwala is showing strong growth, with the average rental rate reaching ₹87 per sq ft as of June 2026, marking a significant appreciation of 22.54% compared to the previous period. This sharp rise in rental values, combined with a healthy rental yield of 3.46%, indicates that the locality is experiencing high demand from tenants, making it a potentially lucrative area for buy-to-let investors.