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Insights for Veera Desai Road, Mumbai Real Estate Market Overview

The real estate market in Veera Desai Road displays a strong upward trajectory, characterized by consistent pricing and steady demand for residential apartments. Investors and homebuyers are navigating a landscape where ready-to-move projects command a premium, signaling a preference for immediate occupancy in this prime location. Meanwhile, the rental sector provides a stable income stream, with a healthy yield that attracts long-term interest. The presence of high-end developments continues to push the price benchmark higher, reinforcing the area's status as a desirable residential destination.

  • Apartment prices in Veera Desai Road have seen a positive growth of 1.61%, reaching an average of ₹33,750 per sq ft.
  • Ready-to-move projects are currently priced higher at ₹37,600 per sq ft, reflecting their immediate value to residents.
  • The rental market offers an average yield of 4.05%, with monthly rents for 2 BHK units averaging ₹72,000.
  • Premium projects like DLH Sorrento lead the local market, with current listing rates reaching ₹37,600 per sq ft.
  • Rental rates for 4 BHK apartments reach up to ₹1.37 Lakh per month, highlighting the demand for larger residential configurations.

Market Strengths
  • The 1.61% growth in apartment prices confirms strong buyer confidence in the area.
  • A solid 4.05% rental yield makes the location attractive for income-focused investors.
  • Shashtri Nagar leads local rental growth with a significant increase of 22.79%.
  • Jogeshwari West rental rates show a positive growth of 3.48%.
  • Patil Wadi rental rates have increased by 1.98%.
  • Jeevan Nagar rental rates rose by 1.77%, indicating steady demand.
Market Challenges
  • Rental rates for Amboli have seen a decline of -12.73%, reflecting localized pricing pressure.
  • Average rental rates in Ambivali have adjusted by -11.67% over the recent period.
  • Adarsh Nagar rental rates experienced a decrease of -4.96%.
  • Top project DLH Sorrento saw a rental adjustment of -3.64%.
Investment Opportunities
  • The 4.05% rental yield offers a stable return for investors focused on residential assets.
  • Ready-to-move properties command a premium of ₹37,600 per sq ft, ideal for those seeking immediate rental income.
  • 2 BHK apartments provide a steady rental income of ₹72,000 per month.
  • Large-format 4 BHK units cater to the luxury rental segment, averaging ₹1.37 Lakh per month.
Price Trend

Veera Desai Road, Mumbai Property Price Trends and Appreciation

Property rates in Veera Desai Road have reached an average of ₹33,750 per sq ft as of September 2025. This reflects a positive trend compared to the broader micromarket rate of ₹33,100 per sq ft, highlighting the location's growing appeal to investors and residents alike.
Asking Price Trends
₹ 33,750/Sq.Ft
Sep 2025 — Jun 2026
Quarter City Rate
Jun 2026 0
Mar 2026 0
Dec 2025 0
Sep 2025 33750
About Asking Price Trends
Veera Desai Road Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Ambivali 40,050 -
Jogeshwari West 31,250 9.6
Amboli 35,250 -8.1
Andheri West 40,000 -0.7
Oshiwara 36,000 18.4
Natwar Nagar 33,350 -
Lokhandwala Complex 35,200 -
Gulmohar Road 57,900 0.3
Jogeshwari East 28,750 -0.8
Versova 45,350 -1.5
The surrounding micromarkets offer a varied price landscape, ranging from the more accessible Jogeshwari East at ₹28,750 per sq ft to the luxury segment of Gulmohar Road at ₹57,900 per sq ft. Jogeshwari West and Lokhandwala Complex hold competitive positions with rates of ₹31,250 and ₹35,200 per sq ft, respectively. Meanwhile, areas like Versova and Andheri West command significant premiums, averaging ₹45,350 and ₹40,000 per sq ft, showcasing the diverse investment opportunities across this Mumbai belt.
Type Rate (₹/Sq.Ft) Change %
Apartment 33,750 1.6
Veera Desai Road's residential market is primarily focused on apartments, which currently average ₹33,750 per sq ft. This segment has experienced a growth of 1.61%, indicating sustained interest from homebuyers looking for established residential options in the area.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 37,600 -
The local market provides immediate value through ready-to-move inventory, which is currently priced at ₹37,600 per sq ft. This pricing reflects the convenience and quality sought by buyers who prefer to move into their homes without waiting for construction timelines.
Project & Developer Insights

Top Residential Projects and Developers in Veera Desai Road

Top Projects in Veera Desai Road
Kalpataru Vian is the top project in Veera Desai Road with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian ₹ 4.88 Cr - ₹ 9.30 Cr
  • Mumbai Western Suburbs, Mumbai
LnT Ahana ₹ 2.77 Cr - ₹ 7.77 Cr
  • Mumbai Western Suburbs, Mumbai
Purva Estrella ₹ 2.75 Cr - ₹ 7.75 Cr
  • Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences ₹ 4.09 Cr - ₹ 9.37 Cr
  • Mumbai Western Suburbs, Mumbai
Mahindra Marina 64 ₹ 2.1 Cr - ₹ 5.41 Cr
  • Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova ₹ 2.60 Cr - ₹ 4.97 Cr
  • Mumbai Western Suburbs, Mumbai
Godrej Skyshore ₹ 9.84 Cr - ₹ 16.49 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS ₹ 6.65 Cr - ₹ 11.53 Cr
  • Mumbai Western Suburbs, Mumbai
Paradigm Superstar ₹ 21.81 Cr - ₹ 33.66 Cr
  • Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 Cr
  • Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Veera Desai Road
Dev Land Housing Ltd leads in Veera Desai Road with 29 projects and years of experience.
DLF
Dev Land Housing Ltd ₹ 1.28 Cr - ₹ 70 Cr
  • 29 Projects
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Dlh Sorrento, Veera Desai Road 37,600 0.6
Premium residential developments in Veera Desai Road are setting high-value benchmarks for the locality. DLH Sorrento stands out in this segment, with current listing rates at ₹37,600 per sq ft and a steady growth of 0.6%, affirming its status as a top-tier residential choice.
Project Name Rate (₹/Sq.Ft) Change %
Dlh Sorrento, Veera Desai Road 106 -3.6
DLH Sorrento remains a key project in the rental market, currently priced at ₹106 per sq ft. It continues to be a preferred choice for tenants despite a minor rental adjustment of -3.64%.
Rental Trends

Rental Trends and Average Rent in Veera Desai Road, Mumbai

Rental demand is segmented by unit size, with 2 BHK apartments averaging ₹72,000 per month. For those seeking larger living spaces, 4 BHK apartments command a higher monthly rent of ₹1.37 Lakh. Rental rates vary significantly across the region, with Shashtri Nagar and Bhudargarh Colony leading at ₹150 per sq ft. Conversely, areas such as Jeevan Nagar, Ambivali, Patil Wadi, and Jogeshwari West maintain a consistent rate of ₹100 per sq ft. The apartment rental market in Veera Desai Road averages ₹100 per sq ft. This segment has seen a slight adjustment of -1.72%, reflecting broader market trends in the rental space. DLH Sorrento remains a key project in the rental market, currently priced at ₹106 per sq ft. It continues to be a preferred choice for tenants despite a minor rental adjustment of -3.64%.
Veera Desai Road Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
2 Bhk 72,000
4 Bhk 1,36,650
Rental demand is segmented by unit size, with 2 BHK apartments averaging ₹72,000 per month. For those seeking larger living spaces, 4 BHK apartments command a higher monthly rent of ₹1.37 Lakh.
Locality Rate (₹/Sq.Ft) Change %
Jeevan Nagar 100 1.8
Ambivali 100 -11.7
Patil Wadi 100 2
Jogeshwari West 100 3.5
Shashtri Nagar 150 22.8
Dhakoji Sethpada 100 -
Adarsh Nagar 100 -5
Bhudargarh Colony 150 -
Br Nagar 100 -0.9
Amboli 100 -12.7
Rental rates vary significantly across the region, with Shashtri Nagar and Bhudargarh Colony leading at ₹150 per sq ft. Conversely, areas such as Jeevan Nagar, Ambivali, Patil Wadi, and Jogeshwari West maintain a consistent rate of ₹100 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 100 -1.7
The apartment rental market in Veera Desai Road averages ₹100 per sq ft. This segment has seen a slight adjustment of -1.72%, reflecting broader market trends in the rental space.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Veera Desai Road, Mumbai

Avg. Asking Price ₹ 46,350 /Sq.Ft
Govt Registration Rate ₹ 29,950 /Sq.Ft
Avg. Asking Price ₹ 37,250 /Sq.Ft
Govt Registration Rate ₹ 21,550 /Sq.Ft
Avg. Asking Price ₹ 34,900 /Sq.Ft
Govt Registration Rate ₹ 21,350 /Sq.Ft
Avg. Asking Price ₹ 33,000 /Sq.Ft
Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Veera Desai Road, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Veera Desai Road, Mumbai

What is the current average asking price in Veera Desai Road as of June 2026?

As of June 2026, the average asking price in Veera Desai Road stands at ₹33,750 per sq ft. This rate has remained stable with a change percentage of 0% compared to the previous period, indicating a period of price consolidation in this residential market.

How have property prices in Veera Desai Road trended over the last few quarters?

Property prices in Veera Desai Road have shown an upward trajectory throughout the recent quarters. According to the micromarket data, the rate rose from ₹33,100 per sq ft in September 2025 to ₹34,600 per sq ft in December 2025, further increasing to ₹34,900 per sq ft in March 2026 and reaching ₹35,900 per sq ft as of June 2026. This consistent quarterly growth reflects sustained demand for residential properties in this locality.

What is the rental yield in Veera Desai Road and what does it signify for investors?

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

How do rental rates for apartments in Veera Desai Road compare to recent trends?

As of June 2026, the average rental rate for apartments in Veera Desai Road is ₹100 per sq ft. This rate has experienced a depreciation of 1.72% compared to the prior period, suggesting a slight softening in rental demand or an adjustment in supply-side pricing for apartment units in the locality.

What is the price difference between Ready To Move and other properties in Veera Desai Road?

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 a 0% change, reflecting a premium valuation for immediate possession units compared to the broader locality average of ₹33,750 per sq ft.

Which BHK configurations are available for rent in Veera Desai Road and what are their typical costs?

In Veera Desai Road, rental options vary by size, with 2 BHK apartments commanding an average rent of ₹72,000 per month, while 4 BHK apartments are available at an average of ₹1.37 Lakh per month as of June 2026. These figures provide a baseline for tenants and landlords to understand the monthly expenditure required for different space requirements in the area.

How does the rental rate of DLH Sorrento compare to the broader market in Veera Desai Road?

DLH Sorrento, a prominent project in Veera Desai Road, currently lists at a rental rate of ₹106 per sq ft as of June 2026. This rate has seen a depreciation of 3.64% compared to the previous period, though it remains slightly higher than the general apartment rental average of ₹100 per sq ft in the locality.

How do property prices in Veera Desai Road compare to nearby areas like Andheri West or Jogeshwari West?

Property prices in Veera Desai Road, currently at ₹33,750 per sq ft, sit between the rates of surrounding areas. For comparison, Andheri West commands a higher average of ₹40,000 per sq ft (which depreciated by 0.71% from the previous period), while Jogeshwari West is priced at ₹31,250 per sq ft, having appreciated by 9.58% over the same timeframe.

What is the average asking price for apartments in Veera Desai Road?

As of June 2026, the average asking price for apartments in Veera Desai Road is ₹33,750 per sq ft. This segment has seen an appreciation of 1.61% compared to the previous period, indicating a positive demand trend for apartment-style living in this specific micromarket.

How should investors interpret the rental rates in neighbouring areas like Shashtri Nagar and Ambivali?

Rental rates in the vicinity of Veera Desai Road show significant variation; for instance, Shashtri Nagar commands a premium at ₹150 per sq ft, having appreciated by 22.79% as of June 2026. Conversely, Ambivali is currently at ₹100 per sq ft, which represents a depreciation of 11.67% over the same period, highlighting the importance of micro-location analysis when evaluating rental income potential.

What does the listing rate for DLH Sorrento indicate about its market positioning?

DLH Sorrento is positioned as a premium project in Veera Desai Road with a current listing rate of ₹37,600 per sq ft as of June 2026. This rate has appreciated by 0.6% compared to the previous period, reflecting its status as a high-value residential option within the Mumbai western suburbs.

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