Property Rates in Lokhandwala, Mumbai 2026

Property rates in Lokhandwala have shown a positive trajectory, with the location rate rising from ₹28,000 per sq ft in December 2025 to ₹30,300 per sq ft by June 2026. This upward movement across the last two quarters indicates resilient buyer confidence and a steady increase in capital values within the area.

As of June 2026, Ready To Move properties in Lokhandwala command an average price of ₹33,900 per sq ft, having appreciated by 4.29% over the observed period. In contrast, Under Construction projects are priced at an average of ₹40,650 per sq ft, with rates remaining stable at 0% change, suggesting that premium new developments are currently positioned at a higher price point compared to existing ready-to-occupy inventory.

The average rental rate in Lokhandwala is ₹87 per sq ft as of June 2026, which has seen a significant appreciation of 22.54% compared to the previous period. The area currently offers a rental yield of 3.46%, providing a clear income-generation metric for investors who are evaluating the return on capital relative to the average sale price of ₹30,150 per sq ft.

Rental rates in Lokhandwala vary by unit size as of June 2026: 1 BHK apartments average ₹42,500 per month, 2 BHK units average ₹94,200 per month, 3 BHK units average ₹94,850 per month, and 4 BHK apartments command approximately ₹1.4 Lakh per month. This distribution indicates that while 2 and 3 BHK units are priced similarly, larger 4 BHK configurations command a significant premium, catering to a different segment of the rental market.

As of June 2026, the premium rental market in Lokhandwala is led by projects such as 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, with all these projects maintaining stable rental rates at 0% change over the observed period.

Rental rates in the vicinity of Lokhandwala show significant variation as of June 2026. Areas like Kasam Baug command a higher rate of ₹150 per sq ft, while Kandivali East, Malad East, and Riddhi Gardens all average ₹100 per sq ft. Conversely, more affordable rental options are found in locations like Magathane and the Food Corporation Of India Warehouse, both averaging ₹50 per sq ft, with the latter experiencing a depreciation of 11.54%.

The top projects by listing rates in Lokhandwala as of June 2026 include Supreme 19 at ₹44,650 per sq ft (which has appreciated by 15.18%) and Springfield II at ₹43,400 per sq ft. Other high-value projects include Kul Elixir at ₹41,600 per sq ft (up 6.54%), Purva Estrella at ₹40,650 per sq ft (up 4.65%), and Mayfair Akshay at ₹39,400 per sq ft, reflecting a diverse range of premium residential options available in the locality.

An investor should view the 3.46% rental yield in Lokhandwala as a measure of annual rental income relative to the property's purchase price as of June 2026. With the average sale price at ₹30,150 per sq ft and an average rental rate of ₹87 per sq ft, this yield provides a baseline for assessing the potential for recurring income alongside potential capital appreciation in a market that has seen a 7.7% increase in property values.

Property prices in Lokhandwala, which average ₹30,150 per sq ft as of June 2026, sit in the mid-to-high range when compared to neighbouring areas. For instance, Gokuldham Colony commands a higher average of ₹46,950 per sq ft, while Borivali East averages ₹34,750 per sq ft (up 7.13%). More competitively priced options are areas like Dahanukar Wadi at ₹27,750 per sq ft and Dindoshi at ₹29,350 per sq ft, allowing buyers to choose based on their specific budget and location preferences.