Property Rates in Lokhandwala, Mumbai 2026

Property rates in Lokhandwala have shown a dynamic trajectory, with the average asking price reaching ₹30,150 per sq ft as of June 2026. Data from the preceding quarters indicates a fluctuation, moving from ₹31,450 per sq ft in September 2025 to ₹28,000 per sq ft in December 2025, before climbing back to ₹30,150 per sq ft by March 2026. This volatility suggests a market that is actively recalibrating based on supply and demand shifts.

As of June 2026, Ready To Move projects in Lokhandwala command an average asking price of ₹34,950 per sq ft, which has appreciated by 7.49% over the observed period. In contrast, Under Construction projects are priced at ₹40,650 per sq ft, showing price stability with 0% change. The premium on Under Construction units often reflects the potential for modern amenities and newer infrastructure, while Ready To Move properties offer immediate possession value.

The average rental rate in Lokhandwala is ₹87 per sq ft as of June 2026, marking a notable appreciation of 22.54% compared to the previous period. The locality currently offers a rental yield of 3.46%, which serves as a key metric for investors looking to balance capital appreciation with consistent monthly rental income.

Rental rates in Lokhandwala vary by unit size, with 1 BHK apartments averaging ₹42,000 per month as of June 2026. For larger configurations, 2 BHK units average ₹93,100 per month, 3 BHK units average ₹94,850 per month, and 4 BHK units average ₹96,650 per month. This progression indicates that while entry-level rental costs are accessible, premium space in larger configurations commands a higher, albeit more stabilized, monthly rental bracket.

As of June 2026, the projects commanding the highest rental rates in Lokhandwala include Supreme 19 at ₹148 per sq ft and Brookh Hill Tower at ₹146 per sq ft. Other notable projects include Nebula CHS Andheri West at ₹96 per sq ft, Highland Tower at ₹64 per sq ft, and Akurli Shivshakti Chs at ₹56 per sq ft. These rates have remained stable with 0% change over the tracking period, reflecting their established status in the local rental market.

Property rates in Lokhandwala, currently at ₹30,150 per sq ft as of June 2026, sit within a competitive range compared to surrounding areas. For instance, Gokuldham Colony commands a higher average of ₹46,950 per sq ft, despite a depreciation of 6.47% from the previous period. Meanwhile, areas like Borivali East are priced at ₹34,750 per sq ft (up 7.13%), and Kandivali West is at ₹25,100 per sq ft (down 2.41%), highlighting the diverse price positioning across the western suburbs.

The 7.7% appreciation in apartment prices, reaching ₹30,150 per sq ft as of June 2026, indicates a robust demand for residential units in Lokhandwala. For potential buyers, this upward trend suggests that the locality is experiencing sustained interest, which may lead to further capital growth but also requires a higher entry investment compared to previous periods.

As of June 2026, the projects with the highest listing rates in Lokhandwala include Supreme 19 at ₹44,650 per sq ft (up 15.18%), Springfield II at ₹43,400 per sq ft (0% change), and Kul Elixir at ₹41,600 per sq ft (up 6.54%). Purva Estrella also ranks high at ₹40,650 per sq ft, having appreciated by 4.65%. These premium rates generally reflect the project's age, developer reputation, and internal amenities.

The rental yield of 3.46% in Lokhandwala, as of June 2026, provides a benchmark for investors to evaluate the income-generating potential of their property against the current average asking price of ₹30,150 per sq ft. A yield of this nature suggests that while the locality is a prime residential hub, investors should balance the potential for rental income with the capital appreciation trends observed in the market.