Property Rates in Vikhroli East, Mumbai 2026

Property price trends in Vikhroli East have shown a consistent upward trajectory over the last few quarters. The average asking price rose from ₹26,500 per sq ft in September 2025 to ₹27,850 per sq ft in December 2025, and further to ₹28,700 per sq ft as of March 2026. This sustained growth indicates strong buyer confidence and resilient market demand within the locality.

Property prices in Vikhroli East vary significantly when compared to surrounding areas. As of March 2026, Powai commands a premium with an average asking price of ₹42,650 per sq ft, which appreciated by 4.07%. In contrast, more affordable options are available in Kannamwar Nagar at ₹21,750 per sq ft, which saw a marginal appreciation of 0.15%. Other nearby areas like Bhandup East and Vikhroli West are priced at ₹29,200 per sq ft and ₹29,300 per sq ft, respectively.

As of March 2026, there is a distinct pricing structure based on project status in Vikhroli East. Ready-to-move properties are priced at an average of ₹22,900 per sq ft, having appreciated by 2.02%, while under-construction projects are available at ₹22,450 per sq ft, reflecting an appreciation of 1.89%. Mid-stage projects currently command a higher average of ₹25,000 per sq ft, showing a notable appreciation of 8.26%.

The most active projects in Vikhroli East by transaction volume include Godrej The Trees, which recorded 12 transactions at an average rate of ₹41,100 per sq ft, appreciating by 0.24% as of March 2026. Godrej Platinum follows with 4 transactions at ₹36,650 per sq ft, which saw a depreciation of 0.82%. Other notable projects with active transaction counts include Vaibhavlaxmi Crown 83 and Shraddha Paramount, both recording 2 transactions each.

Shraddha Landmark leads the market in Vikhroli East with 15 recorded transactions as of March 2026. Adityaraj Builders follows with 5 transactions, while Kripa Elite has recorded 3 transactions. Other notable developers contributing to the market activity include Vaibhavlaxmi Builders, Reliable India Corporation, and Swastik Group Mumbai, each with 2 transactions, reflecting a diverse developer landscape in the region.

As of March 2026, the average rental rate in Vikhroli East is ₹126 per sq ft, which has experienced a significant appreciation of 50% compared to previous periods. The area currently offers a rental yield of 5.27%. For investors, this yield indicates a healthy income potential relative to the capital outlay required for property acquisition in the locality.

Rental rates in Vikhroli East are structured according to unit size to cater to different tenant profiles. As of March 2026, a 1 BHK apartment rents for an average of ₹33,750 per month, while a 2 BHK unit averages ₹45,050 per month. For larger requirements, 3 BHK apartments command an average of ₹1.54 Lakh per month, and 4 BHK units reach an average of ₹2.49 Lakh per month.

Premium rental projects in Vikhroli East are led by Godrej The Trees Phase II, which commands ₹165 per sq ft as of March 2026. Other high-rental projects include Omkaar The Grand at ₹160 per sq ft and Godrej The Trees at ₹155 per sq ft. These projects consistently attract higher rents due to their premium positioning and amenities compared to the local average rental rate of ₹126 per sq ft.

The asking price of ₹28,700 per sq ft in Vikhroli East represents the current market sentiment and seller expectations as of March 2026, while the Government Registration Rate of ₹20,850 per sq ft serves as a benchmark for stamp duty and registration calculations. A significant gap between these two figures often reflects the premium value placed on modern amenities, project brand, and infrastructure development in specific pockets of the locality. Buyers should use the registration rate to understand the minimum valuation for tax purposes, while the asking price reflects the actual cost of entry into the market.