Property Rates in Veera Desai Road, Mumbai 2026

Property prices in Veera Desai Road have shown an upward trajectory over the last few quarters. According to the data for June 2026, the micromarket rate reached ₹35,900 per sq ft, rising from ₹34,900 per sq ft in March 2026, ₹34,600 per sq ft in December 2025, and ₹33,100 per sq ft in September 2025. This consistent quarter-on-quarter growth indicates sustained buyer interest and a tightening supply of residential apartments in the area.

Property rates in Veera Desai Road vary significantly when compared to surrounding areas. As of June 2026, Gulmohar Road commands a premium at ₹57,900 per sq ft (which appreciated by 0.27% from the previous period), while Versova is priced at ₹45,350 per sq ft (depreciating by 1.51%). Other nearby locations include Andheri West at ₹40,000 per sq ft (depreciating by 0.71%), Oshiwara at ₹36,000 per sq ft (appreciating by 18.4%), and Jogeshwari East, which is more accessible at ₹28,750 per sq ft (depreciating by 0.82%).

Ready To Move properties in Veera Desai Road are currently priced at an average of ₹37,600 per sq ft as of June 2026. This rate has remained stable with no change percentage recorded, reflecting a steady valuation for completed inventory compared to the broader apartment average of ₹33,750 per sq ft, which saw an appreciation of 1.61%.

The average rental yield in Veera Desai Road is 4.05% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key metric to evaluate the income-generating potential of an asset in this locality alongside its capital appreciation prospects.

Rental rates in Veera Desai Road are segmented by unit size to cater to different tenant profiles. As of June 2026, a 2 BHK apartment typically rents for ₹72,000 per month, while larger 4 BHK units command an average of ₹1.37 Lakh per month. These figures provide a clear benchmark for both landlords setting market-competitive rents and tenants planning their housing budgets in the area.

Rental rates in the vicinity of Veera Desai Road show distinct variations based on the specific neighbourhood. As of June 2026, areas like Shashtri Nagar and Bhudargarh Colony command higher rates at ₹150 per sq ft, though Shashtri Nagar saw a depreciation of 4.41%. Conversely, localities such as Jogeshwari West, Ambivali, and Adarsh Nagar are priced at ₹100 per sq ft, with Jogeshwari West showing a notable appreciation of 3.48% while Ambivali experienced a depreciation of 11.67%.

DLH Sorrento is a prominent project in Veera Desai Road, with current rental rates at ₹106 per sq ft as of June 2026. This rate has experienced a depreciation of 3.64% compared to the previous period, while the project's average rental rate is recorded at ₹100 per sq ft.

Buyers should use the provided data to understand the market positioning of Veera Desai Road by comparing the current average asking price of ₹33,750 per sq ft against historical trends and neighbouring locations. By observing the price trajectory—which has risen from ₹33,100 per sq ft in September 2025 to ₹35,900 per sq ft in June 2026—investors and end-users can gauge the locality's growth momentum and make informed decisions regarding the timing of their purchase.