Property Rates in Mankhurd, Mumbai 2026

The average asking price in Mankhurd of ₹39,150 per sq ft as of Jun 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 Sep 2025 and Aug 2026. Buyers should note that while the registration rate serves as a baseline for stamp duty and registration fees, the actual market asking price reflects current demand, project amenities, and location premiums.

Property rates in Mankhurd have shown a steady upward trajectory, moving from ₹34,550 per sq ft in Sep 2025 to ₹36,000 per sq ft in Dec 2025, reaching ₹37,250 per sq ft in Mar 2026, and finally hitting ₹39,150 per sq ft in Jun 2026. This consistent quarter-over-quarter appreciation signals a resilient market where buyers are willing to pay a premium for available inventory.

As of Jun 2026, ready-to-move properties in Mankhurd command an average price of ₹24,900 per sq ft, having appreciated by 4.46% compared to the previous period. In contrast, under-construction projects are priced at an average of ₹25,300 per sq ft, reflecting a higher appreciation of 5.93% over the same timeframe. This suggests that buyers are currently placing a premium on new development projects, likely due to modern amenities and potential for future value growth.

The average rental rate in Mankhurd is ₹68 per sq ft as of Jun 2026, a rate that has remained stable with 0% change over the recent period. For investors, this rental income provides a baseline for calculating potential returns on investment. While the rental market has shown stability, investors should weigh this against the capital appreciation seen in the sale market to determine the overall attractiveness of the locality for buy-to-let investments.

As of Jun 2026, 1 BHK apartments in Mankhurd are available at an average monthly rent of ₹23,650. This specific unit type is the primary focus for rental activity in the area, catering largely to working professionals and small families seeking affordable residential options. The stability in rental rates suggests a balanced supply-demand environment for this configuration.

As of Jun 2026, PMGP Colony leads the rental market in Mankhurd with a rate of ₹90 per sq ft, followed by Charisma Zarina Park I at ₹74 per sq ft and Meena Surve Tower at ₹72 per sq ft. These projects command premium rents compared to the area average of ₹68 per sq ft, likely due to their specific location advantages or building quality. All these top-tier projects have maintained stable rental rates with 0% change during the recent period.

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 Jun 2026. Other areas like Govandi, Deonar, and Chembur Colony maintain a rental rate of ₹100 per sq ft, though their growth trajectories differ; for instance, Chembur Colony saw a 7.22% appreciation, while Subhash Nagar experienced a depreciation of 8.05% over the same period.

As of Jun 2026, the highest-priced projects in Mankhurd include Ashtavinayak CHS Mankhurd at ₹25,750 per sq ft (up 8.63%) and Charisma Zarina Park I at ₹25,700 per sq ft (up 8.2%). Other notable projects like Prerna CHS Mankhurd and Meena Surve Tower are also priced above ₹25,500 per sq ft. The consistent appreciation across these top projects, ranging from 5.75% to 9.54% compared to previous periods, highlights a strong demand for established residential societies in the area.

Buyers should use the property rate data for Mankhurd to benchmark their purchase decisions against current market trends as of Jun 2026. By observing that the average asking price is ₹39,150 per sq ft and comparing it with the specific status-wise pricing—such as ₹24,900 per sq ft for ready-to-move units—investors can identify whether they are paying a fair market value. Always consider the appreciation percentages mentioned to understand if the project or locality is currently in a high-growth phase.