Property Rates in Mankhurd, Mumbai 2026

Property prices in Mankhurd have shown a dynamic trend throughout 2026, moving from ₹36,000 per sq ft in Dec 2025 to ₹37,250 in Mar 2026, peaking at ₹39,650 in Jun 2026, and settling at ₹39,250 as of Sep 2026. This trajectory indicates a period of growth in the first half of the year followed by a minor correction in the most recent quarter, which is a common pattern in mature residential markets.

The average asking price in Mankhurd is currently ₹39,250 per sq ft as of Sep 2026, while the Government Registration Rate for the period of Nov 2025 to Oct 2026 is recorded at ₹10,000 per sq ft. It is important for property seekers to note that the Government Registration Rate is used for stamp duty and registration purposes and often differs significantly from the prevailing market-driven asking prices found in listings.

As of Sep 2026, ready-to-move properties in Mankhurd are priced at an average of ₹24,850 per sq ft, showing a stable trend with a negligible depreciation of 0.06% compared to previous periods. In contrast, under-construction projects command a premium with an average price of ₹26,800 per sq ft, having appreciated by 5.77% over the same timeframe. This price gap often reflects the added value of immediate possession in ready-to-move units versus the potential for future capital appreciation in under-construction developments.

As of Sep 2026, Makwise Anuvidnyan Nagar CHS leads the locality with an average listing rate of ₹28,550 per sq ft, having appreciated by 12.12% compared to previous periods. Other notable projects include Samyak CHS at ₹25,300 per sq ft and Charisma Zarina Park I at ₹25,100 per sq ft. These projects represent a range of price points for buyers, with some showing price stability while others, like Makwise Anuvidnyan Nagar CHS, have seen significant upward movement.

The average rental rate in Mankhurd is ₹80 per sq ft as of Sep 2026, which has seen a notable appreciation of 17.65% compared to previous periods. For investors, this rising rental trend suggests a growing demand for leased properties in the area, which can be an attractive signal for those looking to generate consistent rental income alongside potential capital appreciation.

As of Sep 2026, a 1 BHK apartment in Mankhurd commands an average rent of ₹23,650 per month. This specific BHK-wise data point is useful for tenants planning their housing budget and for landlords looking to benchmark their rental income against the current market standard for compact residential units in the locality.

As of Sep 2026, PMGP Colony is among the top rental projects in Mankhurd, with a current rental rate of ₹90 per sq ft, maintaining stable pricing with 0% change. 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 are currently favored in the rental market, and their stable pricing indicates a consistent demand from tenants seeking well-located residential options.

Rental rates in the vicinity of Mankhurd show variation, with areas like Chembur Colony and Barrister Nath Pai Nagar commanding higher rates of ₹150 per sq ft as of Sep 2026, showing price stability. Meanwhile, areas such as Govandi, Deonar, and Ghatkopar East maintain an average rental rate of ₹100 per sq ft, with varying degrees of appreciation or depreciation. For instance, Deonar has seen a 6.93% appreciation, whereas Govandi West has experienced a 7.29% depreciation, highlighting the importance of location-specific research when choosing a rental property.

Buyers should use the provided data to compare the average asking price of ₹39,250 per sq ft (as of Sep 2026) against their budget and the specific property status they prefer. By observing the 5.77% appreciation in under-construction projects versus the stability in ready-to-move units, buyers can decide whether they prioritize immediate occupancy or the potential growth associated with newer developments. Always consider the historical quarterly trends to understand if the market is currently in a phase of growth or correction.