Property rates in Vikhroli West average ₹29,300 per sq ft, reflecting a stable market environment for investors and homebuyers. The area maintains a strong rental yield of 4.10%, supported by a variety of residential options. With 197 registered transactions totaling ₹691 Cr, the locality demonstrates consistent buyer activity. Projects like Lodha Vikhroli and Lodha Riservo continue to command premium interest, highlighting the area's ongoing appeal as a key residential hub in Mumbai.
Insights for Vikhroli West, Mumbai Real Estate Market Overview
The real estate market in Vikhroli West displays a robust profile, characterized by steady price points and active transaction cycles. Recent registration data confirms a healthy volume of activity, with property values supported by a range of ready-to-move and under-construction projects. Rental demand remains steady across various unit configurations, providing investors with reliable returns. The presence of premium developments helps maintain a competitive edge, ensuring the locality remains a preferred choice within the Mumbai central suburbs.
Average property rates are currently at ₹29,300 per sq ft.
The rental market offers a yield of 4.10% with 1 BHK units averaging ₹40,750 per month.
Total registration activity reached 197 transactions with a gross value of ₹691 Cr.
Under construction projects are priced at an average of ₹28,550 per sq ft.
Ready to move properties have seen an appreciation of 8.51% over the recent period.
Market Strengths
A healthy rental yield of 4.10% supports long-term investment appeal.
The market recorded a substantial transaction volume of 197 deals worth ₹691 Cr.
Ready to move inventory shows strong performance with an 8.51% increase in pricing.
Diverse project statuses from new launches to well-occupied units cater to varied buyer preferences.
Strong demand for 2 BHK and 3 BHK units drives monthly rental averages up to ₹81,250 for larger configurations.
Market Challenges
Apartment rental rates have experienced a -6% decline, indicating a cooling trend in some segments.
Office space rentals have also seen a -5.47% adjustment over the recent period.
Specific locations like Hariyali have seen significant rental rate volatility with a -32.88% change.
Some established projects have seen minor rental rate corrections, such as Lok Gaurav Society at -4.59%.
Investment Opportunities
The 4.10% rental yield offers a steady income stream for investors focusing on residential apartments.
Ready to move projects show an 8.51% positive price change, signaling strong capital appreciation potential.
1 BHK units provide an accessible entry point with average monthly rents of ₹40,750.
Under construction projects at ₹28,550 per sq ft present potential for value growth upon project completion.
Price Trend
Vikhroli West, Mumbai Property Price Trends and Appreciation
Property rates in Vikhroli West have shown dynamic movement, with a recorded rate of ₹29,300 per sq ft in March 2026. This followed a period in December 2025 where rates hovered at ₹29,500 per sq ft. Market trends indicate a resilient price structure that continues to attract sustained interest from potential buyers.
Vikhroli West sits within a competitive landscape, with nearby Kurla West averaging ₹29,100 per sq ft and Vikhroli East holding steady at ₹28,700 per sq ft. Tagore Nagar offers a more accessible entry point at ₹25,800 per sq ft, representing a significant value proposition. In contrast, Powai remains a premium micromarket with rates reaching ₹42,650 per sq ft, while Kanjurmarg West averages ₹27,000 per sq ft.
Vikhroli West provides a range of residential options tailored to different buyer needs. Apartments are currently priced at an average of ₹26,900 per sq ft, reflecting the broader market's value proposition for residential seekers.
The local market features a balanced supply of properties across various development stages. Ready to move projects are priced at ₹26,300 per sq ft with a positive growth of 8.51%, while under construction inventory averages ₹28,550 per sq ft. New launches are available at ₹26,600 per sq ft, providing buyers with options to suit different possession timelines.
Project & Developer Insights
Top Residential Projects and Developers in Vikhroli West
Top Projectsin Vikhroli West
Lodha Vikhroli is the top project in Vikhroli West with prices from ₹ 1.93 Cr to 2.89 Cr.
Lodha Vikhroli
₹ 1.93 Cr - ₹ 2.89 Cr
Mumbai Central Suburbs, Mumbai
Lodha Riservo
₹ 3.65 Cr - ₹ 5.08 Cr
Mumbai Central Suburbs, Mumbai
Kalpataru Virtus
₹ 2.15 Cr - ₹ 5.05 Cr
Mumbai Central Suburbs, Mumbai
Lodha Elaris
₹ 9 Cr - ₹ 9 Cr
Mumbai Central Suburbs, Mumbai
Mahindra Rainforest
₹ 1.76 Cr - ₹ 3.43 Cr
Mumbai Central Suburbs, Mumbai
Runwal Bliss
₹ 1.19 Cr - ₹ 5.66 Cr
Mumbai Central Suburbs, Mumbai
GHP Mars Suncity
₹ 1.21 Cr - ₹ 1.78 Cr
Mumbai Central Suburbs, Mumbai
LnT Elixir Reserve
₹ 3.58 Cr - ₹ 10.63 Cr
Mumbai Central Suburbs, Mumbai
Runwal Avenue
₹ 1.16 Cr - ₹ 4 Cr
Mumbai Central Suburbs, Mumbai
Runwal Meadows
₹ 4.79 Cr - ₹ 4.79 Cr
Mumbai Central Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
Lodha
₹ 67.27 L - ₹ 98.63 Cr
110 Projects
39 Years
Kalpataru
₹ 97.29 L - ₹ 71.98 Cr
84 Projects
50 Years
Mayfair Housing
₹ 1.17 Cr - ₹ 15 Cr
50 Projects
52 Years
Godrej
₹ 1.15 Cr - ₹ 87.92 Cr
43 Projects
29 Years
Embassy
₹ 14.33 Cr - ₹ 42.30 Cr
2 Projects
26 Years
Damji Shamji Shah Group
₹ 42 L - ₹ 7.2 Cr
48 Projects
Rajesh LifeSpaces
₹ 73.45 L - ₹ 8.4 Cr
34 Projects
57 Years
Shree Sai Group Of Companies
₹ 53.79 L - ₹ 3.47 Cr
24 Projects
12 Years
Dotom Realty
₹ 81.48 L - ₹ 6.40 Cr
8 Projects
Lok Housing And Construction Limited
₹ 95 L - ₹ 4.16 Cr
Premium residential projects in Vikhroli West set the benchmark for luxury living in the region. Lodha Vikhroli leads the segment with an asking price of ₹37,050 per sq ft, followed closely by Lodha Riservo at ₹36,700 per sq ft. Other notable developments like SSG Springville at ₹31,000 per sq ft and Mayfair Symphony Springs at ₹30,800 per sq ft further define the high-end residential experience in this locality.
Top projects in Vikhroli West show a range of rental valuations, with Mayfair The View commanding ₹115 per sq ft. Mayfair Sonata Greens follows at ₹103 per sq ft with a positive 8.42% change, while other developments like Raj Legacy I and GHP Neptune Suncity provide competitive options for tenants at lower per-sq-ft rates.
Government Registrations
Government Registration in Vikhroli West, Mumbai
Official registration data for the period between September 2025 and August 2026 shows a vibrant market in Vikhroli West. With 197 transactions recorded, the market achieved a total gross value of ₹691 Cr. These transactions were completed at an average registered rate of ₹26,900 per sq ft, confirming the area's status as a high-activity residential zone.
Sales Transactions197
Gross Sales Value₹ 691 Cr
Registered Rate₹ 26,900/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Vikhroli West, Mumbai
Rental demand across Vikhroli West varies by unit size, with 1 BHK apartments averaging ₹40,750 per month. For those seeking more space, 2 BHK units command an average rent of ₹61,300, while 3 BHK units reach ₹81,250 per month. Studio apartments are also available, averaging ₹36,650 per month. Rental rates across the neighborhood show diverse trends, with Sainath Nagar leading at ₹200 per sq ft, reflecting a 9.32% increase. Other areas like Vikhroli East and Powai maintain a steady ₹150 per sq ft. Meanwhile, locations such as Hmpl Surya Nagar and Tagore Nagar hover around ₹100 per sq ft, showing varied year-on-year performance. The rental market in Vikhroli West caters to both residential and commercial needs. Apartments currently average ₹100 per sq ft, while office spaces also stand at ₹100 per sq ft, reflecting a -5.47% change for the commercial segment. Top projects in Vikhroli West show a range of rental valuations, with Mayfair The View commanding ₹115 per sq ft. Mayfair Sonata Greens follows at ₹103 per sq ft with a positive 8.42% change, while other developments like Raj Legacy I and GHP Neptune Suncity provide competitive options for tenants at lower per-sq-ft rates.
Rental demand across Vikhroli West varies by unit size, with 1 BHK apartments averaging ₹40,750 per month. For those seeking more space, 2 BHK units command an average rent of ₹61,300, while 3 BHK units reach ₹81,250 per month. Studio apartments are also available, averaging ₹36,650 per month.
Rental rates across the neighborhood show diverse trends, with Sainath Nagar leading at ₹200 per sq ft, reflecting a 9.32% increase. Other areas like Vikhroli East and Powai maintain a steady ₹150 per sq ft. Meanwhile, locations such as Hmpl Surya Nagar and Tagore Nagar hover around ₹100 per sq ft, showing varied year-on-year performance.
The rental market in Vikhroli West caters to both residential and commercial needs. Apartments currently average ₹100 per sq ft, while office spaces also stand at ₹100 per sq ft, reflecting a -5.47% change for the commercial segment.
Frequently Asked Questions About Property Rates in Vikhroli West, Mumbai
What is the average asking price in Vikhroli West as of June 2026?
The average asking price in Vikhroli West is ₹29,300 per sq ft as of June 2026. This figure reflects a depreciation of 0.77% compared to previous periods, indicating a slight market correction in the locality's overall pricing trajectory.
How do property prices in Vikhroli West compare to the Government Registration Rate?
As of June 2026, the average asking price in Vikhroli West stands at ₹29,300 per sq ft, while the Government Registration Rate is recorded at ₹24,400 per sq ft. This difference highlights the gap between market-driven valuations and the benchmark rates used for official property registrations in the area.
What is the rental yield in Vikhroli West and what does it signify for investors?
The rental yield in Vikhroli West is 4.10% as of June 2026, based on an average rental rate of ₹100 per sq ft. For investors, this yield represents the annual rental income relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of residential assets in this micromarket.
What are the typical monthly rental rates for different BHK configurations in Vikhroli West?
As of June 2026, rental rates in Vikhroli West vary significantly by unit size: Studio apartments average ₹36,650 per month, 1 BHK units average ₹40,750 per month, 2 BHK units average ₹61,300 per month, and 3 BHK units average ₹81,250 per month. These figures help tenants and landlords understand the market-standard pricing for various living spaces in the locality.
How have property prices trended in Vikhroli West over the last few quarters?
Property prices in Vikhroli West have shown a fluctuating trend throughout the recent quarters. As of June 2026, the location rate is ₹26,900 per sq ft, down from ₹29,300 per sq ft in March 2026 and ₹29,500 per sq ft in December 2025, reflecting a period of price adjustment following the peak seen in early 2026.
How does the price of Ready To Move properties compare to Under Construction projects in Vikhroli West?
As of June 2026, Ready To Move properties in Vikhroli West are priced at an average of ₹26,300 per sq ft, having appreciated by 8.51% over the observed period. In contrast, Under Construction projects command a higher average price of ₹28,550 per sq ft, which has appreciated by 5.01%, reflecting the premium often associated with newer, modern developments.
Which projects in Vikhroli West currently command the highest listing rates?
As of June 2026, the projects with the highest listing rates in Vikhroli West include Lodha Vikhroli at ₹37,050 per sq ft (up 0.17%) and Lodha Riservo at ₹36,700 per sq ft (depreciated by 1.32%). Other premium projects include SSG Springville at ₹31,000 per sq ft, which has seen a significant appreciation of 12.14% compared to previous periods.
How do rental rates for apartments compare to office spaces in Vikhroli West?
As of June 2026, both apartments and office spaces in Vikhroli West share an average rental rate of ₹100 per sq ft. However, the trends differ: apartment rentals have seen a depreciation of 6%, while office space rentals have experienced a depreciation of 5.47% over the same period.
Which projects in Vikhroli West are the most expensive for renters?
As of June 2026, Mayfair The View leads the rental market in Vikhroli West with a rate of ₹115 per sq ft, showing an appreciation of 2.68%. Other high-rental projects include Lok Gaurav Society at ₹104 per sq ft (depreciated by 4.59%) and Mayfair Sonata Greens at ₹103 per sq ft, which has appreciated by 8.42%.
How should a buyer interpret the property rate data provided for Vikhroli West?
Buyers should use the provided data to compare current market asking prices against historical trends and official registration benchmarks. For instance, knowing that the average asking price is ₹29,300 per sq ft as of June 2026, while the Government Registration Rate is ₹24,400 per sq ft, allows for a more informed negotiation and assessment of whether a property is priced in line with local market standards.
