Property Rates in Mankhurd, Mumbai 2026

The average asking price in Mankhurd, currently at ₹39,150 per sq ft as of June 2026, is significantly higher than the Government Registration Rate of ₹11,550 per sq ft. The Government Registration Rate is based on 235 transactions recorded between September 2025 and August 2026. Buyers should note that while the Government Registration Rate serves as a benchmark for stamp duty and registration fees, the market-driven asking price reflects the actual premium commanded by current inventory in the area.

As of June 2026, Under Construction projects in Mankhurd command a higher average price of ₹25,300 per sq ft, which has appreciated by 5.93% compared to previous periods. In contrast, Ready To Move properties are priced at an average of ₹24,900 per sq ft, showing an appreciation of 4.46%. The higher valuation for under-construction units often reflects the premium for modern amenities and newer building standards, while ready-to-move units offer the benefit of immediate occupancy.

The average rental rate in Mankhurd is ₹68 per sq ft as of June 2026, a rate that has remained stable with 0% change over the observed period. For those looking for specific configurations, 1 BHK apartments are available at an average monthly rent of ₹23,650. This stability in rental pricing provides a predictable environment for tenants planning their housing budgets in the locality.

As of June 2026, PMGP Colony leads the rental market in Mankhurd with a current rental rate of ₹90 per sq ft, showing no change in pricing. Other premium rental options include Charisma Zarina Park I at ₹74 per sq ft and Meena Surve Tower at ₹72 per sq ft. These projects consistently attract tenants due to their specific location advantages and building quality, maintaining stable rental values across the board.

Rental rates in the vicinity of Mankhurd show notable variation, with Barrister Nath Pai Nagar commanding the highest rate at ₹150 per sq ft, which has appreciated by 14.04% as of June 2026. Most other surrounding areas, including Govandi, Deonar, and Shivaji Nagar, maintain a rental rate of ₹100 per sq ft. While areas like Chembur Colony have seen an appreciation of 7.22%, others like Subhash Nagar have experienced a depreciation of 8.05%, reflecting the localized nature of rental demand.

The price trend in Mankhurd shows a clear upward trajectory, with the micromarket rate rising from ₹34,550 per sq ft in September 2025 to ₹39,150 per sq ft by June 2026. This consistent quarterly growth suggests a resilient market with strong buyer interest. For investors, this steady appreciation indicates that the locality is experiencing sustained development and increasing desirability, which may support long-term capital growth.

As of June 2026, Ashtavinayak CHS Mankhurd holds the highest listing rate in the locality at ₹25,750 per sq ft, having appreciated by 8.63% over the comparison period. It is closely followed by Charisma Zarina Park I at ₹25,700 per sq ft (up 8.2%) and Prerna CHS Mankhurd at ₹25,650 per sq ft (up 8.08%). These projects represent the premium segment of the Mankhurd market, consistently showing strong appreciation trends.

Buyers should use the provided data to understand the market positioning of different projects and statuses in Mankhurd as of June 2026. By comparing the average asking prices of Ready To Move units (₹24,900 per sq ft) against Under Construction units (₹25,300 per sq ft), buyers can assess the premium they are paying for immediate possession versus future development. Additionally, comparing these market rates against the Government Registration Rate of ₹11,550 per sq ft helps in understanding the gap between official valuation and current market demand.