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Price Trend

Mankhurd, Mumbai Property Price Trends and Appreciation

Mankhurd's property market is showing a downward trend in asking prices, with projections indicating a decrease from ₹23,028 per sq ft in June 2025 to ₹18,023 per sq ft by September 2025. This contrasts with micromarket rates that have remained relatively stable, hovering around ₹19,500 to ₹19,700 per sq ft during the same period. This divergence suggests potential opportunities for buyers looking for value within the broader micromarket.
Jun 2025 — Mar 2026
Quarter City Rate
Mar 2026 0
Dec 2025 0
Sep 2025 18023
Jun 2025 23028
About Asking Price Trends
Mankhurd Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/sq.ft) Change %
Govandi 22,919 -0.2
Govandi East 39,182 2.1
Deonar 39,182 -1.1
Govandi West 28,642 -
Subhash Nagar 23,793 1.1
Garodia Nagar 30,541 -
Chembur 33,147 2.7
Ghatkopar East 28,101 -4.8
Tilak Nagar 26,435 -8.3
Pant Nagar 30,986 17.8
Within Mankhurd's vicinity, neighboring localities exhibit varied property rates. Govandi commands an average rate of ₹22,919 per sq ft with a slight decrease of 0.23%. Govandi East and Deonar show significantly higher rates at ₹39,182 per sq ft, though Deonar has seen a 1.08% decrease. Chembur stands out with an average rate of ₹33,147 per sq ft, reflecting a 2.65% increase, while Pant Nagar shows a substantial 17.82% rise to ₹30,986 per sq ft.
Type Rate (₹/sq.ft) Change %
Apartment 18,023 -21.7
In Mankhurd, the residential market is primarily driven by apartments, which currently average ₹18,023 per sq ft, experiencing a notable decline of 21.73%. This suggests a shifting buyer preference or market adjustment within the apartment segment.
Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 34 23,811 -0.6
Under Construction 2 23,903 -1.8
Mankhurd's real estate market offers a mix of property statuses, catering to diverse buyer needs. Ready To Move properties, comprising 30 units, are priced at an average of ₹23,820 per sq ft, showing a slight 0.5% decrease. Under Construction projects, with 2 units available, are priced at ₹23,903 per sq ft, indicating a 1.83% decline, while Well Occupied properties average ₹23,740 per sq ft with a 1.76% decrease.
Project & Developer Insights

Top Residential Projects and Developers in Mankhurd

Top Projects in Mankhurd
Purva Clermont is the top project in Mankhurd with prices from ₹ 4.62 Cr.
Purva Clermont ₹ 4.62 Cr - ₹ 4.62 Cr
  • Mumbai Harbour, Mumbai
JP Icons 71 ₹ 5.15 Cr - ₹ 8.51 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya ₹ 4.25 Cr - ₹ 16.72 Cr
  • Mumbai Harbour, Mumbai
Chandak Highscape City ₹ 1.35 Cr - ₹ 3.07 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya Ahan ₹ 3.38 Cr - ₹ 5.07 Cr
  • Mumbai Harbour, Mumbai
Shapoorji Pallonji The Canvas Residences ₹ 2.9 Cr - ₹ 3.79 Cr
  • Mumbai Harbour, Mumbai
Godrej Sky Terraces ₹ 7.63 Cr - ₹ 10.99 Cr
  • Mumbai Harbour, Mumbai
L And T The Gateway ₹ 7.66 Cr - ₹ 13 Cr
  • Mumbai Harbour, Mumbai
Lodha Aureus ₹ 4.6 Cr - ₹ 10.7 Cr
  • Mumbai Harbour, Mumbai
Rustomjee Balmoral ₹ 7.99 Cr - ₹ 12.37 Cr
  • Mumbai Harbour, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
DB Realty leads in Mumbai with 33 projects and 17 years of experience.
DLF
DB Realty ₹ 55 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 Projects by Listing Rates, Transaction Count and Transaction Value
  • Listing Rate
  • By Value
  • By Transaction
  • By Rental
Premium residential projects in Mankhurd are setting high benchmarks for asking prices. Sanjivani CHS Mankhurd leads with a rate of ₹23,790 per sq ft, despite a 3.57% decrease in transactions. Suryadarshan CHS in the same locality is priced higher at ₹27,684 per sq ft, showing a 9.35% increase in transactions. These projects highlight the area's appeal for buyers seeking established communities and specific price points.
Project Name Current Price (₹/sq.ft) Sale Value Change %
Sanjivani Chs Mankhurd, Pmg Colony 23,790 47,50,000 -3.6
Trimurti Chs, Maharashtra Nagar 23,958 33,00,000 -15.4
Mangal Nagar Chs, Chikuwadi 14,410 33,00,000 -
Seaview Heights, Chikuwadi 23,790 27,00,000 -0.8
Chatrapati Shivaji Maharaj Chs Mankhurd, Chikuwadi 23,790 25,00,000 -43.2
Mangal Murti Apartments Mankhurd, Chikuwadi 23,670 18,00,000 -
Suryadarshan Chs, Pmg Colony 27,684 14,76,000 9.3
Om Sai Sadan, Maharashtra Nagar 23,772 13,00,000 9.3
Matoshree Chs Mankhurd, Maharashtra Nagar 24,647 12,00,000 -
National Chs, Maharashtra Nagar 24,111 7,00,000 -10.5
In Mankhurd, Sanjivani CHS Mankhurd leads in transaction value, with its highest priced unit at ₹47.5 Lakhs and an average rate of ₹23,790 per sq ft. Trimurti CHS and Mangal Nagar CHS also represent significant value, with properties valued at ₹33 Lakhs each, at rates of ₹23,958 per sq ft and ₹14,410 per sq ft respectively. These projects highlight the range of investment opportunities available.
Project Name Current Price (₹/sq.ft) Transactions Change %
Sanjivani Chs Mankhurd, Pmg Colony 23,790 2 -3.6
Suryadarshan Chs, Pmg Colony 27,684 1 9.3
Matoshree Chs Mankhurd, Maharashtra Nagar 24,647 1 -
National Chs, Maharashtra Nagar 24,111 1 -10.5
Trimurti Chs, Maharashtra Nagar 23,958 1 -15.4
Seaview Heights, Chikuwadi 23,790 1 -0.8
Chatrapati Shivaji Maharaj Chs Mankhurd, Chikuwadi 23,790 1 -43.2
Om Sai Sadan, Maharashtra Nagar 23,772 1 9.3
Mangal Murti Apartments Mankhurd, Chikuwadi 23,670 1 -
Mangal Nagar Chs, Chikuwadi 14,410 1 -
Buyer preferences in Mankhurd are evident in transaction volumes, with Sanjivani CHS Mankhurd leading with 2 transactions at ₹23,790 per sq ft. Suryadarshan CHS recorded 1 transaction at ₹27,684 per sq ft, while Matoshree CHS Mankhurd and National CHS also saw 1 transaction each, priced at ₹24,647 per sq ft and ₹24,111 per sq ft respectively. This data points to consistent interest across several key residential projects.
Project Name Rate (₹/sq.ft) Change %
Pmgp Colony, Mankhurd 90 -
Charisma Zarina Park I, Mankhurd 74 -
Meena Surve Tower, Mankhurd 72 -
Madhukunj Chs Mankhurd, Mankhurd 72 -
Sai Guru Sainath Chs, Mankhurd 71 -
Sanjivani Chs Mankhurd, Mankhurd 68 -
Midas Pmgp Mhada Colony, Mankhurd 66 -
Charisma Mount View, Mankhurd 65 -
Swapnapurti Chs Mankhurd, Mankhurd 65 -
Sai Sadan Chs Mankhurd, Mankhurd 64 -
Among rental projects in Mankhurd, PMGP Colony leads with a rate of ₹90 per sq ft, followed by Charisma Zarina Park I at ₹74 per sq ft. Projects like Meena Surve Tower and Madhukunj CHS Mankhurd are priced at ₹72 per sq ft, indicating a competitive rental environment.
Top Developers by Transaction Count
  • By Transaction
Developer Transactions
Seaview Utsav Mandal 1
Seaview Utsav Mandal is the primary developer noted for transactions in Mankhurd, with 1 registration. This indicates a focused market presence for this developer within the area.
Government Registrations

Government Registration in Mankhurd, Mumbai

Mankhurd has seen substantial real estate activity, with 392 transactions recorded between May 2025 and April 2026, totaling ₹642 Cr. The average registered rate during this period was ₹11,550 per sq ft. Top projects by transaction volume include Sanjivani CHS Mankhurd and Suryadarshan CHS, indicating strong buyer interest in these specific developments.
Sales Transactions 392
Gross Sales Value ₹ 642 Cr
Registered Rate ₹ 11,550/sq.ft
Rental Trends

Rental Trends and Average Rent in Mankhurd, Mumbai

Mankhurd Rent Comparison
  • By Unit Type
  • By Location
Unit Type Rate (₹)
1 Bhk 23,667
For renters, 1 BHK apartments in Mankhurd are available, averaging ₹23,667 per month. This segment caters to individuals or small families seeking affordable residential options.
Locality Rate (₹/sq.ft) Change %
Govandi 84 -
Govandi East 103 -15.6
Deonar 109 -10.7
Subhash Nagar 87 -9.4
Borla 80 -
Chembur Colony 97 -14.2
Barrister Nath Pai Nagar 114 7.6
Charai 92 -
Chembur 102 -2.9
Postal Colony 136 -
Rental rates in Mankhurd's vicinity vary, with Govandi averaging ₹84 per sq ft and Subhash Nagar at ₹87 per sq ft. Neighboring areas like Govandi East and Deonar show higher rates at ₹103 per sq ft and ₹109 per sq ft respectively, though they have experienced notable year-on-year decreases.
FAQ

Frequently Asked Questions About Property Rates in Mankhurd, Mumbai

What is the average asking price in Mankhurd as of March 2026?

As of March 2026, the average asking price in Mankhurd is ₹0 per sq ft. The market overview indicates a change percentage of 0, suggesting stability in the average asking price over the reporting period. The Government Registration Rate in Mankhurd stands at ₹11,557 per sq ft, providing a benchmark against the listed prices.

How have property rates in Mankhurd changed over the past few quarters?

Property rates in Mankhurd have shown fluctuations over the past few quarters. The micromarket rate was ₹37,242 per sq ft in March 2026, an increase from ₹20,017 per sq ft in December 2025. Prior to that, in September 2025, the micromarket rate was ₹19,713 per sq ft, and in June 2025, it was ₹19,525 per sq ft. This indicates a significant upward trend in the micromarket rate towards the end of the observed period.

How do property prices in Mankhurd compare to nearby localities like Govandi and Chembur as of March 2026?

As of March 2026, property prices in Mankhurd's surrounding areas show variation. Govandi has an average rate of ₹22,919 per sq ft, which has depreciated by 0.23% from the previous period. Govandi East is priced higher at ₹39,182 per sq ft, appreciating by 2.06%. Deonar also averages ₹39,182 per sq ft but has seen a depreciation of 1.08%. Chembur's average rate is ₹33,147 per sq ft, with a notable appreciation of 2.65%. These figures suggest that while Mankhurd's micromarket rate is ₹37,242 per sq ft as of March 2026, neighbouring areas like Govandi East and Deonar are priced similarly, while Chembur is priced higher.

What are the average prices for apartments in Mankhurd, and how has this segment performed?

As of March 2026, the average price for apartments in Mankhurd is ₹18,023 per sq ft. This represents a significant depreciation of 21.73% compared to the previous period. This downward trend in apartment prices might indicate increased supply or softening demand within this specific property type in Mankhurd.

What are the property rates for Ready To Move and Under Construction properties in Mankhurd as of March 2026?

As of March 2026, properties in Mankhurd are priced closely across different statuses. Ready To Move properties are averaging ₹23,820 per sq ft, showing a slight depreciation of 0.5% from the prior period. Under Construction properties are priced at ₹23,903 per sq ft, with a depreciation of 1.83%. Well Occupied properties are valued at ₹23,740 per sq ft, having depreciated by 1.76%. The minimal differences suggest a consistent pricing approach across these categories in Mankhurd.

Which projects in Mankhurd have seen the most transactions as of March 2026?

As of March 2026, Sanjivani CHS Mankhurd in PMG Colony has recorded the highest number of transactions, with 2 units changing hands. Its current rate is ₹23,790 per sq ft, reflecting a depreciation of 3.57%. Other projects like Suryadarshan CHS, Matoshree CHS Mankhurd, National CHS, and Trimurti CHS also saw one transaction each, with varying current rates and recent price movements.

What are the top projects in Mankhurd based on total transaction value as of March 2026?

As of March 2026, Sanjivani CHS Mankhurd leads in total transaction value, with its current rate at ₹23,790 per sq ft and a depreciation of 3.57%. Trimurti CHS follows, priced at ₹23,958 per sq ft after a depreciation of 15.39%. Mangal Nagar CHS is also among the top, with a current rate of ₹14,410 per sq ft. These projects represent significant value within the Mankhurd market, though some have experienced recent price corrections.

What is the average rental rate in Mankhurd as of March 2026, and what is the typical rental yield?

As of March 2026, the average rental rate in Mankhurd is ₹68 per sq ft. While specific rental yield data is not provided in the overview, this average rental rate indicates the income potential for property owners in the area. For instance, a 1 BHK apartment in Mankhurd typically rents for ₹23,667 per month.

How do rental rates vary across different micromarkets near Mankhurd as of March 2026?

As of March 2026, rental rates in micromarkets surrounding Mankhurd show considerable variation. Govandi East commands the highest average rental rate at ₹103 per sq ft, despite a depreciation of 15.57%. Deonar follows with ₹109 per sq ft, down 10.66%. Chembur has an average rental rate of ₹102 per sq ft, down 2.86%. In contrast, Mankhurd itself has an average rental rate of ₹68 per sq ft. Areas like Postal Colony show a higher rate of ₹136 per sq ft, indicating premium rental pockets within the broader region.

What are the rental rates for a 1 BHK apartment in Mankhurd as of March 2026?

As of March 2026, the average rental rate for a 1 BHK apartment in Mankhurd is ₹23,667 per month. This figure is specific to residential apartments and reflects the typical monthly rent for this configuration within the locality.

Which projects in Mankhurd are listed among the top for rental rates as of March 2026?

As of March 2026, PMGP Colony in Mankhurd has the highest rental rate among the top listed projects at ₹90 per sq ft. Other projects like Charisma Zarina Park I and Meena Surve Tower are also prominent, with rental rates of ₹74 per sq ft and ₹72 per sq ft, respectively. These projects represent the higher end of the rental market within Mankhurd.

What is the difference between the asking price and the Government Registration Rate in Mankhurd?

In Mankhurd, the average asking price is reported as ₹0 per sq ft as of March 2026, while the Government Registration Rate is ₹11,557 per sq ft. This significant difference suggests that the listed prices may not reflect the actual transaction values or that the asking price data for Mankhurd is incomplete. The Government Registration Rate provides a more grounded figure for property valuation in the area.

How do property rates for Ready To Move properties in Mankhurd compare to Under Construction properties?

As of March 2026, there is a minimal difference in average prices between Ready To Move and Under Construction properties in Mankhurd. Ready To Move properties are priced at ₹23,820 per sq ft, showing a slight depreciation of 0.5%. Under Construction properties are valued slightly higher at ₹23,903 per sq ft, with a depreciation of 1.83%. This close pricing suggests that market expectations for both types of properties are currently aligned.

What does the transaction activity in projects like Sanjivani CHS Mankhurd indicate?

The high transaction activity in Sanjivani CHS Mankhurd, with 2 transactions recorded as of March 2026, suggests sustained interest and liquidity in this particular project. While its current rate of ₹23,790 per sq ft has seen a depreciation of 3.57%, the volume of sales indicates it remains a popular choice for buyers, potentially due to its location, amenities, or price point relative to other options.

Who are the top developers by transaction volume in Mankhurd, and what does this signify?

As of March 2026, Seaview Utsav Mandal is listed as a top developer in Mankhurd with 1 transaction. While the data for top developers by transaction volume is limited, this indicates some level of developer activity in the area. Further analysis of developer performance would require more comprehensive data on transaction numbers and project completions.

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