Property Rates in Vile Parle East, Mumbai

Property rates in Vile Parle East have shown a consistent upward trend. The average location rate increased from ₹40,922 per sq ft in June 2025 to ₹44,146 per sq ft in March 2026, marking a notable appreciation. This sustained growth suggests increasing demand and confidence in the Vile Parle East real estate market.

As of March 2026, the average asking price in Vile Parle East stands at ₹44,146 per sq ft, while the Government Registration Rate is approximately ₹29,500 per sq ft. This significant difference indicates that actual transaction values are typically higher than the government's assessed rates, a common scenario in many real estate markets.

Property rates vary significantly across neighborhoods near Vile Parle East as of March 2026. Vile Parle West shows the highest average rate at ₹49,886 per sq ft, appreciating by 13.18%. Santacruz West is also premium at ₹56,950 per sq ft with a 3.84% increase. In contrast, Vakola has seen a depreciation of 15.46% to ₹29,487 per sq ft, and Sakinaka is priced at ₹25,227 per sq ft with a modest 0.58% rise. These variations highlight distinct market dynamics within close proximity.

As of March 2026, apartments in Vile Parle East have an average price of ₹44,146 per sq ft, showing a 3.47% appreciation. Office spaces are priced higher, averaging ₹52,944 per sq ft, though they have experienced a depreciation of 6.48%.

In Vile Parle East, as of March 2026, property prices vary by construction status. 'Ready To Move' properties are priced at ₹36,221 per sq ft, showing a slight depreciation of 2.76%. 'Under Construction' properties are valued at ₹36,394 per sq ft with a 0.72% increase, while 'New Launch' projects are at ₹35,724 per sq ft, appreciating by 3.69%. 'Well Occupied' properties are priced at ₹36,319 per sq ft with a 2.34% increase, indicating that occupancy and stage of construction influence pricing.

As of March 2026, Shree Sardar Patel CHS in Vile Parle East has recorded the highest number of transactions with 3 units. Following closely are Sahil CHS Vile Parle and Sumit Gurukrishna, each with 2 transactions. These projects indicate significant buyer interest and market liquidity within the locality.

As of March 2026, Bileshwar Darshan Apartment leads in listing rates in Vile Parle East at ₹54,687 per sq ft. Other projects with high listing rates include Kinnari Elegance at ₹54,021 per sq ft and Shreepati Jade Park at ₹50,138 per sq ft. These figures reflect the premium segment of properties available in the area.

As of March 2026, Sumit Gurukrishna stands out with the highest transaction value in Vile Parle East, with its top transaction valued at ₹5.97 Cr and a rate of ₹34,807 per sq ft, showing an appreciation of 8.69%. Sahil CHS Vile Parle follows with a transaction value of ₹5.89 Cr at ₹42,355 per sq ft, appreciating by 0.63%. Bileshwar Darshan Apartment is also among the top, with a transaction value of ₹4.7 Cr at ₹54,687 per sq ft.

As of March 2026, several developers have recorded 2 transactions each in Vile Parle East, indicating active participation. These include Relcon Realty, Om Developers, Sumit Woods Pvt Ltd, Nivara Infraabuild India, and Spark Developers. This suggests a competitive developer landscape within the locality.

As of March 2026, the average rental rate in Vile Parle East is ₹124 per sq ft. The rental yield in the area is reported at 3.37%, which suggests that property owners can expect a moderate return on their investment through rental income relative to the property's capital value.

In Vile Parle East, rental rates as of March 2026 show a clear progression with the size of the apartment. Studio apartments average ₹31,556 per month, 1 BHK apartments are around ₹53,361 per month, 2 BHK apartments command ₹78,321 per month, and 3 BHK apartments are priced at approximately ₹1.25 Lakh per month. This trend indicates higher demand and rental values for larger units.

Rental rates in areas surrounding Vile Parle East show variations as of March 2026. TPS III commands the highest average rental rate at ₹151 per sq ft, while Bamanwada has the lowest at ₹98 per sq ft. Navpada is at ₹128 per sq ft, and Vile Parle West is at ₹120 per sq ft, though it has seen an 11.76% depreciation. Chakala shows a significant 30.49% increase in rental rates to ₹107 per sq ft, indicating shifting rental demand dynamics in these micromarkets.

As of March 2026, apartments in Vile Parle East have an average rental rate of ₹124 per sq ft, showing a 6.9% appreciation. Office spaces are significantly higher, averaging ₹256 per sq ft, with a modest 2.81% increase. This highlights the premium commanded by commercial properties in the area compared to residential apartments.

As of March 2026, Tej Kiran CHS leads in rental rates within Vile Parle East at ₹176 per sq ft. Hirani Villa follows closely at ₹173 per sq ft, and Saubhagya CHS is at ₹171 per sq ft. These projects represent the premium rental offerings in the locality, attracting tenants seeking higher-end accommodations.