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Property Rates in Mankhurd, Mumbai

Comprehensive Market Snapshot

The Mankhurd real estate market in Mumbai is currently active, with an average asking price of ₹18,023 per sq ft. Recent quarterly trends indicate a notable adjustment in property values, particularly for apartments, which are the dominant property type. The market offers a mix of residential options, including Ready To Move units and Under Construction projects. Registration data highlights significant transaction activity, with 414 property registrations totaling ₹648 Cr, reflecting a dynamic market. Specific projects like Sanjivani CHS Mankhurd are seeing buyer interest, and Seaview Utsav Mandal stands out among the active developers.

  • Asking Sale Price₹ 18,023/sq.ft
  • Govt. Registration Prices₹ 11,557/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Government Registrations
  • Recent Transactions
  • Other Property Rates

Insights for Mankhurd, Mumbai Real Estate Market

The real estate landscape in Mankhurd, Mumbai, presents a compelling picture for both homebuyers and investors. Currently, the average asking price stands at ₹18,023 per sq ft, while the registered rate is ₹11,557 per sq ft, indicating potential for negotiation or varying property types influencing these figures. Price trends reveal a significant shift, with the average location rate dropping from ₹23,028 per sq ft in June 2025 to ₹18,023 per sq ft by September 2025, suggesting a market correction or increased inventory. Comparing Mankhurd to its neighbors, areas like Govandi East and Deonar command significantly higher rates, averaging ₹38,330 per sq ft, while Mankhurd offers a more accessible entry point. The market is primarily driven by the apartment segment, which has experienced a substantial price change of -21.73%. Property availability spans various stages, with 30 Ready To Move units averaging ₹23,820 per sq ft, 4 Well Occupied properties at ₹23,740 per sq ft, and 2 Under Construction projects priced around ₹23,903 per sq ft. Top projects such as Sanjivani CHS Mankhurd and Suryadarshan CHS have recorded transactions, reflecting buyer confidence in specific developments. Government registration data reinforces market activity, with 414 transactions and a gross value of ₹648 Cr between April 2025 and March 2026, at an average registered rate of ₹11,550 per sq ft. Seaview Utsav Mandal is noted as an active developer in the region based on transaction volumes.

Market Strengths Market Strengths
  • An active registration market recorded 414 transactions with a gross value of ₹648 Cr between April 2025 and March 2026, demonstrating strong buyer engagement.
  • The presence of 30 Ready To Move units provides immediate housing solutions, appealing to buyers looking for quick possession.
  • The availability of Under Construction projects offers future growth potential and options for long-term investors.
  • Mankhurd's asking price is generally more accessible than some of its affluent neighboring areas, offering a value proposition.
  • Specific projects like Sanjivani CHS Mankhurd show consistent transaction activity, indicating established demand and project reliability.
  • The overall substantial gross transaction value signifies healthy capital movement within the real estate sector of Mankhurd.
  • The involvement of developers like Seaview Utsav Mandal, evidenced by transactions, points to ongoing development and market participation.
Market Challenges Market Challenges
  • The sharp decline in the average location rate from ₹23,028 per sq ft to ₹18,023 per sq ft between June and September 2025 indicates market volatility or a downward price correction.
  • The absence of an average rental rate suggests a nascent or less formalized rental market, potentially limiting options for rental income-focused investors.
  • The market's primary reliance on 'apartment' as the only listed property type indicates limited diversity in housing options.
  • Some projects show significant negative change percentages, such as Chatrapati Shivaji Maharaj CHS Mankhurd with -43.18%, highlighting potential risks in specific developments.
  • The registered rate being considerably lower than the asking price might reflect a disparity between listed prices and actual sale values, potentially affecting seller expectations.
  • Limited developer diversity, with only one developer listed by transactions, could indicate a less competitive development landscape.
Investment Opportunities Investment Opportunities
  • Mankhurd's current asking price of ₹18,023 per sq ft is competitive compared to higher-priced neighboring localities like Govandi East and Deonar, offering potential value entry.
  • The significant price adjustment of -21.73% for apartments might present a buyer's market, allowing for favorable acquisitions.
  • The availability of 30 Ready To Move units at an average of ₹23,820 per sq ft caters to immediate occupancy needs, appealing to end-users.
  • A substantial gross transaction value of ₹648 Cr with 414 registrations indicates a liquid market with active buying interest.
  • Projects like Suryadarshan CHS showing a positive price change of 9.35% suggests pockets of growth and strong performing assets.
  • The registered rate of ₹11,557 per sq ft is notably lower than the asking price, hinting at potential negotiation room or specific property types driving down registered values, which savvy investors might leverage.
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Property Price Trends in Mankhurd, Mumbai

Asking Price Trends

Mankhurd's property market has experienced a significant shift in asking prices over recent quarters. The average location rate, which stood at ₹23,028 per sq ft in June 2025, saw a notable decrease to ₹18,023 per sq ft by September 2025. This quarterly adjustment suggests a recalibration of property values within the locality, potentially offering new opportunities for buyers.

Quarter City Rate
Dec 2025 0
Sep 2025 18023
Jun 2025 23028
Mar 2025 0
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Price Trends by Property Type

The Mankhurd real estate market is predominantly characterized by apartment properties. These residential units currently have an average price of ₹18,023 per sq ft. This segment has seen a considerable price change of -21.73%, indicating a significant adjustment in the apartment market over the recent period. This trend offers a specific insight into the residential segment's performance in Mankhurd.

Type Rate (₹/sq.ft) Change %
Apartment 18,023 -21.73
Price Trends by Project Status

Mankhurd offers a varied supply of properties across different development stages, catering to diverse buyer preferences. The Ready To Move segment leads with 30 units, commanding an average price of ₹23,820 per sq ft, though experiencing a slight decrease of -0.5%. For those seeking immediate occupancy, this segment presents viable options. Additionally, there are 2 Under Construction projects available, priced around ₹23,903 per sq ft, which have seen a -1.83% price change. The market also includes 4 Well Occupied properties at an average of ₹23,740 per sq ft, with a -1.76% change, providing choices for different investment horizons.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 34 23,811 -0.65
Under Construction 2 23,903 -1.83
Price Trends by Localities

Mankhurd's average asking price of ₹18,023 per sq ft positions it competitively within the Mumbai real estate landscape. Nearby localities like Govandi offer properties at a slightly higher average of ₹24,410 per sq ft, while areas such as Govandi East and Deonar command significantly higher rates, both averaging ₹38,330 per sq ft. Subhash Nagar presents a similar price point at ₹23,793 per sq ft. This comparison highlights Mankhurd as a potentially more affordable entry point into the Mumbai market compared to some of its immediate neighbors.

Location Rate (₹/sq.ft) Change %
Govandi 24,410 6.3
Govandi East 38,330 -0.2
Deonar 38,330 -3.2
Govandi West 28,642 -
Subhash Nagar 23,793 1.1
Garodia Nagar 30,541 -
Chembur 32,519 0.7
Ghatkopar East 27,930 -5.4
Tilak Nagar 25,887 -10.2
Pant Nagar 30,656 16.6

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Mankhurd are setting the benchmark for asking prices, reflecting their desirable features and locations. Morya CHS Mankhurd, Anandi Sadan CHS, and Matoshree CHS Mankhurd are prominent examples, all listed at an average of ₹24,532 per sq ft. Sai Sadan CHS Mankhurd follows closely, with an average rate of ₹24,144 per sq ft. These projects, along with others like Madhukunj CHS Mankhurd and National CHS, contribute to the high-value segment of the market, typically hovering around ₹23,997 per sq ft.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Morya Chs Mankhurd 24,532 -
Anandi Sadan Chs 24,532 -
Matoshree Chs Mankhurd 24,532 -
Mhada Apartments Turbhe Mandale 24,532 -0.8
Om Chs 24,532 -
Sai Sadan Chs Mankhurd 24,144 -1.1
Madhukunj Chs Mankhurd 23,997 -
National Chs 23,997 -1.1
Gokuldham Chs 23,997 -1.1
Shivkrupa Chs Mankhurd 23,997 -1.1
Project Name Current Price (₹/sq.ft) Sale Value Change %
Sanjivani Chs Mankhurd 23,790 ₹ 47.5 L -3.6
Trimurti Chs 23,958 ₹ 33 L -15.4
Mangal Nagar Chs 14,410 ₹ 33 L -
Seaview Heights 23,790 ₹ 27 L -0.8
Chatrapati Shivaji Maharaj Chs Mankhurd 23,790 ₹ 25 L -43.2
Mangal Murti Apartments Mankhurd 23,670 ₹ 18 L -
Suryadarshan Chs 27,684 ₹ 14.76 L 9.3
Om Sai Sadan 23,772 ₹ 13 L 9.3
Matoshree Chs Mankhurd 24,647 ₹ 12 L -
National Chs 24,111 ₹ 7 L -10.5
Project Name Current Price (₹/sq.ft) Transactions Change %
Sanjivani Chs Mankhurd 23,790 2 -3.6
Suryadarshan Chs 27,684 1 9.3
Matoshree Chs Mankhurd 24,647 1 -
National Chs 24,111 1 -10.5
Trimurti Chs 23,958 1 -15.4
Seaview Heights 23,790 1 -0.8
Chatrapati Shivaji Maharaj Chs Mankhurd 23,790 1 -43.2
Om Sai Sadan 23,772 1 9.3
Mangal Murti Apartments Mankhurd 23,670 1 -
Mangal Nagar Chs 14,410 1 -
Top Developers in Mumbai
DB Realty leads in Mumbai with 33 projects and 17 years of experience.
DLF
DB Realty ₹ 51.64 L - ₹ 15.05 Cr
  • 33 Projects
  • 17 Years
DLF
Charisma Builders ₹ 63.5 L - ₹ 2.4 Cr
  • 11 Projects
DLF
Mangal Moorti Developers ₹ 1.19 Cr - ₹ 1.93 Cr
  • 2 Projects
DLF
Midas
  • 1 Projects
DLF
Seaview Utsav Mandal
  • 1 Projects
DLF
Makwise Homes ₹ 1.35 Cr - ₹ 2.40 Cr
  • 1 Projects
DLF
Meena Enterprises ₹ 70.1 L - ₹ 1.30 Cr
  • 1 Projects
DLF
Mhada ₹ 51.92 L - ₹ 1.69 Cr
  • 65 Projects
View More
Top Developers by Transaction Count

Premium residential developments in Mankhurd are setting the benchmark for asking prices, reflecting their desirable features and locations. Morya CHS Mankhurd, Anandi Sadan CHS, and Matoshree CHS Mankhurd are prominent examples, all listed at an average of ₹24,532 per sq ft. Sai Sadan CHS Mankhurd follows closely, with an average rate of ₹24,144 per sq ft. These projects, along with others like Madhukunj CHS Mankhurd and National CHS, contribute to the high-value segment of the market, typically hovering around ₹23,997 per sq ft.

  • By Transaction
Developer Transactions
Seaview Utsav Mandal 1

Government Registration in Mankhurd, Mumbai

  • Sales Transactions414
  • Gross Sales Value₹ 648 Cr
  • Registered Rate₹ 11,550/sq.ft

Official government registration data underscores a robust and active transaction market in Mankhurd. Between April 2025 and March 2026, the area recorded 414 property transactions, amounting to a significant gross value of ₹648 Cr. The average registered rate during this period stood at ₹11,550 per sq ft, providing a clear picture of actual sales values. Project-wise, developments like Sanjivani CHS Mankhurd and Suryadarshan CHS attracted notable buyer interest with multiple transactions, indicating strong market momentum and buyer confidence.

Recent Registered Transactions in Mankhurd

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-03-11 Floor 7, Unit 712 A7 225 Sq.Ft. 🔒 🔒
2026-03-09 Floor 4, Unit 420 54, B 270 Sq.Ft. 🔒 🔒
2026-03-09 Floor 3, Unit 304 11, C 409 Sq.Ft. 🔒 🔒
2026-03-09 Floor G, Unit 1 6/A 225 Sq.Ft. 🔒 🔒
2026-03-06 Floor 3, Unit 324 60, B 270 Sq.Ft. 🔒 🔒
2026-03-06 Floor 1, Unit 106 20, A 225 Sq.Ft. 🔒 🔒
2026-03-06 Floor 2, Unit 222/B 4 225 Sq.Ft. 🔒 🔒
2026-03-06 Floor 1, Unit 115 51, B 225 Sq.Ft. 🔒 🔒
2026-03-05 Floor 1, Unit 123 B 225 Sq.Ft. 🔒 🔒
2026-03-05 Floor 7, Unit 703 5A 180 Sq.Ft. 🔒 🔒
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