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Property Rates in Vikhroli West, Mumbai

Comprehensive Market Snapshot

The Vikhroli West real estate market in Mumbai demonstrates dynamic activity, with asking prices currently averaging ₹29,353 per sq ft. Recent quarterly trends reveal a notable appreciation in property values, with the location rate climbing to ₹29,510 per sq ft by Dec 2025. The market primarily features apartments, and property transactions are robust, with 360 registrations totaling a gross value of ₹981 Cr between Apr 2025 and Mar 2026. This vibrant market is shaped by prominent developers like The Wadhwa Group, and projects such as The Wadhwa The Address are key contributors to transaction volumes.

  • Asking Sale Price₹ 29,353/sq.ft
  • Govt. Registration Prices₹ 26,922/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Government Registrations
  • Recent Transactions
  • Other Property Rates

Insights for Vikhroli West, Mumbai Real Estate Market

The Vikhroli West real estate landscape is marked by strong buyer interest and significant price movements. Current asking prices stand at ₹29,353 per sq ft, closely aligned with a registered rate of ₹26,922 per sq ft. Analyzing price trends, Vikhroli West saw its location rate rise from ₹26,888 per sq ft in Mar 2025 to ₹29,510 per sq ft by Dec 2025, indicating consistent growth, particularly in the latter half of the year. Nearby areas like Powai command a premium at ₹41,876 per sq ft, while Kurla West experienced a substantial 25.45% appreciation, suggesting a broader upward trend in the region. Apartments are the dominant property type, averaging ₹29,353 per sq ft, though experiencing a slight dip of 0.53%. The market caters to varied buyer timelines, with 17 Ready To Move units available at ₹24,240 per sq ft and 8 Under Construction projects priced at ₹28,455 per sq ft, showing a healthy 6.1% growth. High-value transactions are evident in projects like The Wadhwa The Address, which recorded 4 transactions at ₹16.85 Cr, reflecting sustained demand for quality developments. Government registration data for Apr 2025 to Mar 2026 confirms 360 transactions with a gross value of ₹981 Cr, and an average registered rate of ₹26,900 per sq ft. The Wadhwa Group leads developer activity by transaction volume, underpinning the area's robust market. **Market Strengths:** Strong price appreciation in recent quarters, significant transaction volume and gross value, diverse property status options, presence of leading developers, and competitive pricing compared to some premium neighbors. **Market Challenges:** A slight decline in apartment prices could indicate minor volatility, and the absence of average rental rate data might limit investment analysis for rental income seekers. **Investment Opportunities:** Under Construction projects show good price growth, suggesting potential for capital appreciation upon completion. Projects like RIPL Aikya Roots, with strong recent appreciation, could offer good returns. The consistent transaction activity points to a liquid market for investors.

Market Strengths Market Strengths
  • Vikhroli West boasts a robust real estate market with a significant asking price of ₹29,353 per sq ft, reflecting its desirability.
  • The locality exhibits strong quarterly price appreciation, with location rates increasing from ₹26,888 per sq ft in Mar 2025 to ₹29,510 per sq ft by Dec 2025.
  • High transaction volume with 360 property registrations and a gross value of ₹981 Cr between Apr 2025 and Mar 2026, indicating active buyer participation.
  • A diverse supply of properties across various stages, including Ready To Move, Under Construction, and New Launch, caters to a wide range of buyer preferences.
  • The presence of reputed developers like The Wadhwa Group and Mayfair Housing driving significant transaction volumes underscores market confidence and quality development.
  • Competitive pricing compared to ultra-premium localities like Powai, making it an attractive option for a broader buyer base.
  • Strong performance of Under Construction projects, showing a 6.1% price growth, highlights future development potential.
Market Challenges Market Challenges
  • The apartment segment, while dominant, experienced a slight decline of 0.53% in average price, indicating potential short-term volatility.
  • The absence of average rental rate data makes it challenging for investors to fully assess potential rental yields and cash flow.
  • Some top projects by transaction, such as The Wadhwa The Address and Kanakia Silicon Valley, have shown negative change percentages in their rates, suggesting price adjustments in certain high-end segments.
  • The asking price in Vikhroli West is relatively high compared to its registration rate, indicating a potential gap between seller expectations and market closing prices.
  • The limited number of New Launch projects (only 1) might restrict options for early-stage investors seeking pre-launch benefits.
Investment Opportunities Investment Opportunities
  • Under Construction projects in Vikhroli West, with an average price of ₹28,455 per sq ft and a 6.1% growth, present a strong potential for capital appreciation upon completion.
  • Projects like RIPL Aikya Roots, which saw an 8.96% increase in transaction rates and a gross value of ₹4.93 Cr, indicate high demand and potential for investment returns.
  • The presence of established developers such as The Wadhwa Group, leading in transaction volumes, suggests reliability and quality in new developments.
  • The sustained increase in location rates, reaching ₹29,510 per sq ft by Dec 2025, signals a healthy and appreciating market for long-term investors.
  • Ready To Move properties, though currently priced lower at ₹24,240 per sq ft, offer immediate rental income potential for investors looking for quick returns.
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Property Price Trends in Vikhroli West, Mumbai

Asking Price Trends

Property rates in Vikhroli West have shown a positive trajectory over the past year. Starting at ₹26,888 per sq ft in Mar 2025, the rates saw minor fluctuations before experiencing a notable surge to ₹29,510 per sq ft by Dec 2025. This upward movement, especially in the last quarter, reflects a growing demand and strengthening market sentiment in the locality.

Quarter City Rate
Dec 2025 29510
Sep 2025 26313
Jun 2025 26810
Mar 2025 26888
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Price Trends by Property Type

The Vikhroli West real estate market is predominantly characterized by apartments, which average ₹29,353 per sq ft. This segment, despite a marginal change of -0.53%, continues to be the primary choice for buyers and investors in the locality. The consistent pricing reflects the sustained demand for residential units.

Type Rate (₹/sq.ft) Change %
Apartment 29,353 -0.53
Price Trends by Project Status

The Vikhroli West market offers properties across various stages of development, catering to diverse buyer needs. Ready To Move properties, comprising 17 units, are available at an average of ₹24,240 per sq ft, appealing to those seeking immediate possession. The Under Construction segment, with 8 units, shows robust growth at ₹28,455 per sq ft, having appreciated by 6.1%. Additionally, 1 New Launch project is priced at ₹23,179 per sq ft, indicating future supply, while Well Occupied properties average ₹23,744 per sq ft.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 35 23,985 0.46
Under Construction 8 28,455 6.1
New Launch 1 23,179 4.05
Price Trends by Localities

Vikhroli West, with an average asking price of ₹29,353 per sq ft, positions itself competitively within Mumbai's real estate landscape. Notably, it offers a more accessible entry point compared to the premium rates in nearby Powai, which commands ₹41,876 per sq ft. Meanwhile, Kurla West has seen a remarkable 25.45% increase, reaching ₹28,475 per sq ft, indicating strong growth in adjacent areas. Vikhroli East also presents a viable option at ₹27,344 per sq ft, showcasing varied price points and growth dynamics across the sub-regions.

Location Rate (₹/sq.ft) Change %
Tagore Nagar 24,937 11.5
Kurla West 28,475 25.5
Vikhroli East 27,344 3.1
Lbs Marg 25,397 -7.5
Powai 41,876 9.7
Mumbai Central Suburbs 45,517 -
Kanjurmarg West 27,077 -0.4
Ghatkopar West 28,955 -0.1
Datar Colony 26,951 -
Kanjurmarg East 28,531 4.1

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Vikhroli West are commanding significant asking prices, reflecting their luxury positioning and prime locations. Lodha Riservo leads the segment at ₹37,184 per sq ft, exhibiting a 5.32% increase and setting a high-value benchmark. Lodha Vikhroli follows closely at ₹36,994 per sq ft, with a substantial 20.31% appreciation, while Mayfair The View is priced at ₹29,929 per sq ft. These top-tier projects represent the aspirational segment of the market, showcasing strong developer confidence and buyer interest.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Lodha Riservo 37,184 5.3
Lodha Riservo 37,184 5.3
Lodha Vikhroli 36,994 20.3
Mayfair The View 29,929 4
Mayfair Housing Sonata Greens 29,921 36.3
Ripl Aikya Roots 29,718 2.4
Mayfair Symphony Springs Chs Ltd 29,253 32.6
Mayfair Hillcrest 28,710 6.2
Rajeshraj Legecy 2 28,179 -7
Rajesh Raj Splendour Mumbai 28,139 -
Project Name Current Price (₹/sq.ft) Sale Value Change %
The Wadhwa The Address 42,370 ₹ 16.85 Cr -2.3
Kanakia Silicon Valley 36,263 ₹ 9.05 Cr -2.2
Ripl Aikya Roots 29,767 ₹ 4.92 Cr 9
Mayfair Hillcrest 28,944 ₹ 3.63 Cr -2.7
Ashford Presidential Tower 22,942 ₹ 1.9 Cr -
Rajesh Raj Legacy 1 28,179 ₹ 1.81 Cr -1.8
Prince Castle 20,849 ₹ 1.49 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
The Wadhwa The Address 42,370 4 -2.3
Kanakia Silicon Valley 36,263 3 -2.2
Ripl Aikya Roots 29,767 3 9
Mayfair Hillcrest 28,944 2 -2.7
Rajesh Raj Legacy 1 28,179 1 -1.8
Ashford Presidential Tower 22,942 1 -
Prince Castle 20,849 1 -
Top Developers in Mumbai
Lodha leads in Mumbai with 106 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.70 Cr
  • 106 Projects
  • 39 Years
DLF
Kalpataru ₹ 97.29 L - ₹ 71.98 Cr
  • 83 Projects
  • 50 Years
DLF
Godrej ₹ 1.07 Cr - ₹ 87.92 Cr
  • 43 Projects
  • 29 Years
DLF
Embassy ₹ 12.98 Cr - ₹ 23.74 Cr
  • 2 Projects
  • 26 Years
DLF
Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr
  • 50 Projects
  • 52 Years
DLF
Damji Shamji Shah Group ₹ 42 L - ₹ 7.27 Cr
  • 48 Projects
DLF
Rajesh LifeSpaces ₹ 73.45 L - ₹ 8.4 Cr
  • 34 Projects
  • 57 Years
DLF
Shree Sai Group Of Companies ₹ 53.79 L - ₹ 3.47 Cr
  • 24 Projects
  • 12 Years
DLF
Dotom Realty ₹ 81.48 L - ₹ 6.40 Cr
  • 8 Projects
DLF
Lok Housing And Construction Limited ₹ 95 L - ₹ 4.16 Cr
  • 28 Projects
View More
Top Developers by Transaction Count

Premium residential developments in Vikhroli West are commanding significant asking prices, reflecting their luxury positioning and prime locations. Lodha Riservo leads the segment at ₹37,184 per sq ft, exhibiting a 5.32% increase and setting a high-value benchmark. Lodha Vikhroli follows closely at ₹36,994 per sq ft, with a substantial 20.31% appreciation, while Mayfair The View is priced at ₹29,929 per sq ft. These top-tier projects represent the aspirational segment of the market, showcasing strong developer confidence and buyer interest.

  • By Transaction
Developer Transactions
The Wadhwa Group 8
Mayfair Housing 4
Racek Industries Pvt Ltd 3
Crescent Group 2
Rajesh Lifespaces 2
Pankaj Kumar And Co 1
Dotom Realty 1
Ashford Group 1
Lok Housing And Construction Limited 1

Government Registration in Vikhroli West, Mumbai

  • Sales Transactions360
  • Gross Sales Value₹ 981 Cr
  • Registered Rate₹ 26,900/sq.ft

Official registration data reveals robust transaction activity in Vikhroli West between Apr 2025 and Mar 2026. The market recorded 360 transactions with a substantial gross value of ₹981 Cr, and an average registered rate of ₹26,900 per sq ft. Developer activity was led by The Wadhwa Group, which accounted for 8 transactions, while projects like The Wadhwa The Address attracted maximum buyer interest, generating significant transaction value, indicating strong market momentum.

Recent Registered Transactions in Vikhroli West

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-02-28 Floor 6, Unit 606 3 225 Sq.Ft. 🔒 🔒
2026-02-12 Floor 7, Unit 703 C3, D 540 Sq.Ft. 🔒 🔒
2026-02-11 Floor 14, Unit 1401 C3 540 Sq.Ft. 🔒 🔒
2026-02-11 Floor 7, Unit 7 C3 540 Sq.Ft. 🔒 🔒
2026-02-05 Floor 14, Unit 1404 A5 1161 Sq.Ft. 🔒 🔒
2026-01-29 Floor 16, Unit 1604 A3 946 Sq.Ft. 🔒 🔒
2026-01-28 Floor 11, Unit 1103 A5 1216 Sq.Ft. 🔒 🔒
2026-01-23 Floor 5, Unit 504 A5 1161 Sq.Ft. 🔒 🔒
2026-01-21 Floor 8, Unit 804 A 225 Sq.Ft. 🔒 🔒
2026-01-19 Floor 28, Unit 2804 A5 1161 Sq.Ft. 🔒 🔒
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