Property rates in Vikhroli West average ₹29,300 per sq ft. This established Mumbai location shows a resilient real estate landscape, supported by a competitive rental yield of 4.10%. Investors often look toward projects like Rajesh Raj Legacy II and Kanakia Silicon Valley for high-value potential. With a mix of ready-to-move and under-construction inventory, the area remains a key hub for those seeking a balance of lifestyle amenities and proximity to major commercial centers.
Insights for Vikhroli West, Mumbai Real Estate Market Overview
Vikhroli West maintains a robust property market, with current asking prices for apartments averaging ₹29,300 per sq ft. Recent registration data highlights significant activity, with 227 transactions amounting to a gross value of ₹764 Cr over the past year. The rental market is equally active, offering an average rental yield of 4.10% and monthly rents that vary significantly by unit size. Developers such as Mayfair Housing and Rajesh LifeSpaces continue to drive supply, catering to both end-users and long-term investors.
Apartments currently lead the market with an average asking price of ₹29,300 per sq ft.
Ready-to-move properties command an average price of ₹26,900 per sq ft, reflecting an 11.02% annual increase.
Rental rates for 3 BHK apartments reach an average of ₹79,250 per month, showcasing strong demand for spacious units.
Top-performing projects like Rajesh Raj Legacy II have seen significant transaction volumes, reinforcing the area's liquidity.
Market Strengths
A healthy rental yield of 4.10% makes the area attractive for income-focused investors.
Strong registration activity with 227 transactions valued at ₹764 Cr confirms high market liquidity.
Ready-to-move segment growth of 11.02% demonstrates the area's popularity with end-users.
Diverse project statuses from new launches to well-occupied units cater to a wide range of investment strategies.
Significant transaction volumes in top projects like Rajesh Raj Legacy II indicate high buyer trust.
Market Challenges
Ghatkopar West has experienced a -5.15% price correction, suggesting a need for careful valuation in that sub-market.
Kanjurmarg West shows a -2.56% dip, reflecting localized market softening.
Rental rates for certain projects like Mayfair Housing Hillcrest have seen a -5.88% change, requiring landlords to remain competitive.
Investment Opportunities
High rental yields of 4.10% present a strong opportunity for buy-to-let investors.
Ready-to-move properties show an 11.02% annual growth, indicating high demand for immediate occupancy.
New launch projects at ₹25,700 per sq ft offer lower entry points compared to the current market average.
1 BHK rentals average ₹41,800 per month, providing stable monthly income streams for residential landlords.
Tagore Nagar shows a significant 12.05% price increase, highlighting strong potential for capital appreciation.
Top Localities in Vikhroli West, Mumbai
LBS Marg
Avg Price₹ 25,400 /Sq.Ft.
Avg Rent₹ 67 /Sq.Ft.
YIELD
+ 3.17
Price Trend
Vikhroli West, Mumbai Property Price Trends and Appreciation
The Vikhroli West market has shown notable movement, with rates shifting from ₹26,300 per sq ft in September 2025 to ₹29,300 per sq ft by March 2026. This upward trajectory highlights the area's growing appeal to property seekers and investors alike. Meanwhile, the broader micromarket trend has fluctuated, peaking at ₹33,000 per sq ft during the same period.
Vikhroli West acts as a central hub with diverse sub-locations that cater to different price points. Tagore Nagar offers accessible entry at ₹25,800 per sq ft, marking a strong 12.05% growth. In contrast, premium areas like Powai command higher rates of ₹42,650 per sq ft, while Kanjurmarg West hovers at a competitive ₹27,000 per sq ft. These varied price points ensure the region remains attractive to a wide demographic of homebuyers.
Vikhroli West's real estate market is primarily defined by its apartment segment, which averages ₹29,300 per sq ft. This category remains the preferred choice for residential buyers, balancing lifestyle needs with long-term capital appreciation.
The market provides options for every timeline, with Ready To Move units averaging ₹26,900 per sq ft after an 11.02% increase. Those looking for newer developments can explore Under Construction projects, which are priced at ₹29,000 per sq ft. Meanwhile, New Launch projects enter the market at ₹25,700 per sq ft, offering early-entry advantages for strategic investors.
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 - ₹ 5.26 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
28 Projects
View More
Top Projects by Listing Rates, Transaction Count and Transaction Value
Premium residential developments define the skyline of Vikhroli West, with projects like Lodha Riservo and Lodha Vikhroli leading the market at ₹36,700 and ₹36,600 per sq ft respectively. Raj Legacy III and Rajesh Raj Legacy II follow closely, both priced at ₹31,500 per sq ft. Mayfair Sonata Greens also presents a compelling option at ₹31,350 per sq ft, underscoring the area's status as a high-value residential destination.
High-value transactions are anchored by premium projects that offer significant scale. The Wadhwa The Address generated a total value of ₹22.23 Cr, while Kanakia Silicon Valley followed with ₹13.08 Cr. Rajesh Raj Legacy II also contributed significantly to the market turnover with a total value of ₹11.43 Cr, highlighting the appetite for luxury residential assets in this locality.
Project Name
Current Price (₹/Sq.Ft)
Transactions
Change %
Rajesh Raj Legacy Ii, Gandhi Nagar
31,500
7
-3.7
Kanakia Silicon Valley, Ramabai Ambedkar Nagar
35,650
5
-1.8
Mayfair Symphony Spring, Godrej Hill Side Colony
31,250
4
-7.2
Ripl Aikya Roots, Godrej Hill Side Colony
30,150
4
-2.1
The Wadhwa The Address, Godrej & Boyce Industry Estate
32,250
3
-3
Mayfair The View, Godrej Hill Side Colony
29,700
3
-
Mayfair Hillcrest, Varsha Nagar
26,750
1
6.4
Shree Siddhivinayak Chs, Gandhi Nagar
24,200
1
-
Buyer preference is clearly visible in the transaction data for Vikhroli West. Rajesh Raj Legacy II leads the pack with 7 registrations at an average of ₹31,500 per sq ft. Kanakia Silicon Valley also saw strong interest with 5 transactions, while Mayfair Symphony Spring and RIPL Aikya Roots each recorded 4 registrations, cementing their status as preferred residential choices.
Mayfair The View leads the rental market at ₹115 per sq ft, having seen a 2.68% increase. Other notable projects include Lok Gaurav Society at ₹104 per sq ft and Mayfair Sonata Greens at ₹103 per sq ft, both of which remain popular choices for residents.
Market activity is driven by a few key players who dominate the registration landscape. Mayfair Housing leads with 8 transactions, followed by Rajesh LifeSpaces with 7. The Wadhwa Group also maintains a strong presence with 6 transactions, and Racek Industries Pvt Ltd completes the top tier with 4 transactions, reflecting the trust buyers place in these established developers.
Government Registrations
Government Registration in Vikhroli West, Mumbai
Between August 2025 and July 2026, Vikhroli West recorded 227 transactions with a total gross value of ₹764 Cr. The average registration rate stands at ₹26,900 per sq ft. Mayfair Housing emerged as the most active developer with 8 transactions, closely followed by Rajesh LifeSpaces with 7. These figures reflect a highly active market with consistent turnover throughout the year.
Sales Transactions227
Gross Sales Value₹ 764 Cr
Registered Rate₹ 26,900/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Vikhroli West, Mumbai
Rental options in Vikhroli West cater to various needs, with 1 BHK apartments averaging ₹41,800 per month. Those seeking more space can opt for 2 BHK units at ₹59,650 or 3 BHK apartments at ₹79,250 per month. Studio units provide a compact residential solution at ₹33,100 per month. Rental rates vary across the neighborhood, with Hmpl Surya Nagar and Tagore Nagar both averaging ₹100 per sq ft. Sainath Nagar and Vikhroli East command a premium at ₹150 per sq ft, while Lbs Marg remains the most affordable option at ₹50 per sq ft. Apartments remain the primary rental property type in Vikhroli West, consistently averaging ₹100 per sq ft. This stability makes the area a predictable choice for tenants and property owners alike. Mayfair The View leads the rental market at ₹115 per sq ft, having seen a 2.68% increase. Other notable projects include Lok Gaurav Society at ₹104 per sq ft and Mayfair Sonata Greens at ₹103 per sq ft, both of which remain popular choices for residents.
Rental options in Vikhroli West cater to various needs, with 1 BHK apartments averaging ₹41,800 per month. Those seeking more space can opt for 2 BHK units at ₹59,650 or 3 BHK apartments at ₹79,250 per month. Studio units provide a compact residential solution at ₹33,100 per month.
Rental rates vary across the neighborhood, with Hmpl Surya Nagar and Tagore Nagar both averaging ₹100 per sq ft. Sainath Nagar and Vikhroli East command a premium at ₹150 per sq ft, while Lbs Marg remains the most affordable option at ₹50 per sq ft.
Apartments remain the primary rental property type in Vikhroli West, consistently averaging ₹100 per sq ft. This stability makes the area a predictable choice for tenants and property owners alike.
Frequently Asked Questions About Property Rates in Vikhroli West, Mumbai
What is the current average asking price in Vikhroli West?
As of June 2026, the average asking price in Vikhroli West is ₹29,300 per sq ft. This rate has depreciated by 0.77% compared to the previous period, reflecting a minor market adjustment in the current residential landscape.
How do property rates in Vikhroli West compare to the Government Registration Rate?
The average asking price in Vikhroli West of ₹29,300 per sq ft is currently higher than the Government Registration Rate of ₹26,100 per sq ft. This gap between the market-driven asking price and the government-notified rate is a key metric for buyers to consider when evaluating the total cost of acquisition and potential stamp duty implications.
What is the recent price trend for property in Vikhroli West?
The property market in Vikhroli West has shown a slight fluctuation in recent quarters. While the average asking price stood at ₹29,300 per sq ft in March 2026, it was ₹29,500 per sq ft in December 2025 and ₹26,300 per sq ft in September 2025, indicating a period of price consolidation following earlier growth.
How does the status of a project affect property prices in Vikhroli West?
Property prices in Vikhroli West vary by project status as of June 2026. Ready To Move properties are priced at ₹26,900 per sq ft, having appreciated by 11.02% over the observed period. Meanwhile, Under Construction projects are currently averaging ₹29,000 per sq ft, which represents an appreciation of 6.51%. New Launch projects are positioned at ₹25,700 per sq ft, showing an appreciation of 10.81%.
What is the average rental yield in Vikhroli West and why does it matter for investors?
As of June 2026, Vikhroli West offers an average rental yield of 4.10%, with an average rental rate of ₹100 per sq ft. This yield is a critical indicator for investors, representing the annual rental income relative to the capital investment, helping them assess the potential for recurring income alongside long-term capital appreciation.
What are the typical monthly rental rates for different BHK configurations in Vikhroli West?
Rental rates in Vikhroli West vary significantly by unit size as of June 2026. Studio apartments average ₹33,100 per month, while 1 BHK units command an average of ₹41,800 per month. For larger requirements, 2 BHK apartments are available at an average of ₹59,650 per month, and 3 BHK units reach an average of ₹79,250 per month, providing a range of options for diverse tenant profiles.
Which projects in Vikhroli West currently command the highest rental rates?
As of June 2026, the premium rental market in Vikhroli West is led by Mayfair The View, which commands a rental rate of ₹115 per sq ft, having appreciated by 2.68%. Other top projects include Lok Gaurav Society at ₹104 per sq ft (which depreciated by 4.59%) and Mayfair Sonata Greens at ₹103 per sq ft, which has seen an appreciation of 8.42%.
Which developers have the highest transaction activity in Vikhroli West?
Mayfair Housing leads the market in Vikhroli West with 8 recorded transactions, followed by Rajesh LifeSpaces with 7 transactions. The Wadhwa Group and Racek Industries Pvt Ltd also maintain a significant presence in the area, with 6 and 4 transactions respectively, signaling sustained buyer interest in projects developed by these established names.
How do property rates in Vikhroli West compare to nearby localities?
Property rates in Vikhroli West, averaging ₹29,300 per sq ft, are positioned competitively against surrounding areas. For instance, Powai commands a higher average of ₹42,650 per sq ft (up 4.07%), while Ghatkopar West is priced at ₹29,150 per sq ft (down 5.15%). Other nearby areas like Kanjurmarg West are priced at ₹27,000 per sq ft (down 2.56%), offering a spectrum of price points for prospective buyers.
What does the transaction data suggest about the most popular projects in Vikhroli West?
The most active projects in Vikhroli West by transaction volume include Rajesh Raj Legacy II with 7 transactions at ₹31,500 per sq ft and Kanakia Silicon Valley with 5 transactions at ₹35,650 per sq ft. These figures, recorded as of June 2026, highlight these developments as preferred choices for buyers, reflecting their market positioning and relative value.
