Property Rates in Bandra East, Mumbai 2026

Property prices in Bandra East have shown a fluctuating trajectory throughout the recent quarters. As of June 2026, the location rate is ₹56,150 per sq ft, following a rate of ₹61,550 per sq ft in March 2026, ₹57,000 per sq ft in December 2025, and ₹54,250 per sq ft in September 2025. This movement highlights the dynamic nature of the local real estate market, which investors and buyers should monitor to time their entry points effectively.

The average asking price in Bandra East is currently ₹56,150 per sq ft, while the Government Registration Rate is ₹37,700 per sq ft as of June 2026. This difference between the market-driven asking price and the government-mandated registration value is a critical data point for buyers to consider when calculating total acquisition costs and stamp duty obligations.

Property prices in Bandra East are segmented by development stage, with Ready To Move projects averaging ₹45,450 per sq ft (which has appreciated by 33.18%) and Under Construction projects averaging ₹48,450 per sq ft (which has appreciated by 2.22%) as of June 2026. Additionally, New Launch projects are priced at ₹49,150 per sq ft, marking an appreciation of 12.08% compared to previous periods. These variations reflect the premium associated with immediate possession versus the potential future value of under-construction assets.

The average rental yield in Bandra East is 4.23% as of June 2026, providing a key metric for investors to assess the income-generating potential of their properties relative to the capital invested. With an average rental rate of ₹198 per sq ft, which has appreciated by 7.03% over the observed period, this yield suggests a balanced environment for landlords seeking both rental income and potential asset appreciation in this high-demand locality.

Rental rates in Bandra East vary significantly by unit size as of June 2026. A 1 BHK apartment typically rents for ₹61,250 per month, while 2 BHK units average ₹1.01 Lakh per month. Larger configurations command higher premiums, with 3 BHK units at ₹2.36 Lakh, 4 BHK units at ₹3.61 Lakh, and 5 BHK units reaching ₹3.84 Lakh per month. This tiered structure allows tenants to choose properties based on their specific space requirements and budget, while providing landlords with clear benchmarks for their asset class.

As of June 2026, several projects in Bandra East stand out for their premium rental rates. MIG Colony Bandra leads with a current rental rate of ₹256 per sq ft, followed by Rustomjee Seasons at ₹224 per sq ft (which has appreciated by 0.45%) and Vaibhavlaxmi Address 51 at ₹220 per sq ft. Other notable projects include Radius X BKC at ₹219 per sq ft (appreciating by 16.49%) and Basera CHS Bandra at ₹218 per sq ft, reflecting the high demand for well-located, quality residential projects in this area.

Rental rates in Bandra East show notable variation across its sub-areas as of June 2026. Valmiki Nagar commands the highest rate at ₹300 per sq ft, having appreciated by 2.57%. Other prominent areas like Bandra Kurla Complex, G Block BKC, and Ram Krishna Nagar all average ₹250 per sq ft, with G Block BKC showing a significant appreciation of 17.21%. Conversely, areas like Kherwadi and Khar East offer more accessible rental options at ₹150 per sq ft, with Kherwadi experiencing a 13.73% appreciation.

As of June 2026, apartments in Bandra East have an average asking price of ₹56,150 per sq ft, which has depreciated by 8.77%, while office spaces are priced at ₹83,000 per sq ft, showing a significant appreciation of 53.46%. This stark difference highlights the high demand and premium valuation for commercial real estate in the area compared to residential apartments, which is a vital signal for investors deciding between residential and commercial asset classes.

The residential market in Bandra East features several premium projects as of June 2026. Wadhwa Golden Peak leads with a rate of ₹1.4 Lakh per sq ft, having appreciated by 20.06%. Other high-value projects include The Wadhwa Artek Park at ₹74,850 per sq ft (appreciating by 74.61%) and Raymond Invictus By GS at ₹73,900 per sq ft (appreciating by 28.34%). These rates reflect the premium positioning of these developments within the Bandra East micromarket.