Mumbai
The real estate market in Khar West exhibits consistent growth, with property values rising steadily from ₹60,350 per sq ft in late 2025 to current levels. Rental demand remains robust, with average rates at ₹217 per sq ft and a strong yield of 4.19%. Transaction activity is supported by a mix of ready-to-move and new-launch projects, catering to a wide spectrum of buyers. Developers are actively bringing new inventory to the market, while established projects maintain their premium status.
As of September 2026, the average asking price in Khar West stands at ₹62,150 per sq ft. This figure reflects an appreciation of 1.78% compared to the previous period, signaling a resilient and high-demand real estate market in this premium locality.
The average asking price in Khar West is currently ₹62,150 per sq ft, which sits notably above the Government Registration Rate of ₹44,200 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration value is common in prime residential hubs where premium amenities and location advantages drive valuations beyond base registration figures.
Property rates in Khar West have shown a consistent upward trajectory throughout 2026. Data indicates the average asking price rose from ₹60,350 per sq ft in December 2025 to ₹61,100 per sq ft in March 2026, further increasing to ₹62,150 per sq ft in June 2026, and reaching ₹62,850 per sq ft as of September 2026. This steady growth suggests sustained buyer interest and limited supply in this highly sought-after area.
As of September 2026, Ready To Move properties in Khar West are priced at an average of ₹49,150 per sq ft, having appreciated by 2.59% over the observed period. In contrast, Under Construction projects command a higher premium at ₹59,100 per sq ft, which reflects a significant appreciation of 9.77% compared to the previous period. This price difference often highlights the value placed on newer, modern developments currently in the pipeline.
Rental rates in Khar West vary significantly by unit size, catering to a diverse tenant profile. As of September 2026, monthly rents average ₹45,800 for a Studio, ₹73,300 for a 1 BHK, ₹1.36 Lakh for a 2 BHK, ₹2.47 Lakh for a 3 BHK, ₹5.04 Lakh for a 4 BHK, and ₹6.67 Lakh for a 5 BHK. These figures provide a clear benchmark for tenants and landlords looking to understand the premium rental landscape of the locality.
The rental yield in Khar West is currently 4.19%, with an average rental rate of ₹217 per sq ft. This yield has seen an appreciation of 7.96% as of September 2026, indicating a healthy return on investment for property owners. For investors, a yield of this level in a premium market like Khar West suggests a balance between high capital appreciation potential and consistent rental income generation.
Several premium projects in Khar West lead the rental market in terms of per sq ft rates. As of September 2026, Lalani Fairmont tops the list at ₹279 per sq ft, having appreciated by 13.88% compared to the previous period. Other notable high-rent projects include Next Avenue Apartment at ₹266 per sq ft and Rustomjee Paramount F Wing at ₹258 per sq ft. These projects typically command higher rents due to their superior build quality, location, and modern amenities.
As of September 2026, apartments in Khar West command an average rental rate of ₹200 per sq ft, with rates remaining stable at 0% change. Office spaces, meanwhile, are priced at ₹250 per sq ft, though they have experienced a depreciation of 14.1% compared to the previous period. This distinction is vital for investors to note, as the commercial rental segment is currently showing different market dynamics compared to the stable residential apartment sector.
As of September 2026, the highest listing rates in Khar West are led by Vijay Golden Peak at ₹1.4 Lakh per sq ft, followed by Yogi Sea at ₹89,600 per sq ft, which has seen a notable appreciation of 42.96%. S Raheja LA EM also ranks highly at ₹85,000 per sq ft, reflecting a significant appreciation of 52.64% over the period. These projects represent the premium end of the Khar West property market.
Buyers should note that as of September 2026, showrooms in Khar West are the most expensive at ₹1.04 Lakh per sq ft, followed by office spaces at ₹70,450 per sq ft (which appreciated by 8.98%), and apartments at ₹62,850 per sq ft (which appreciated by 1.11%). This hierarchy reflects the commercial value of the land in this locality, where business-oriented spaces often command a higher premium than standard residential apartments.
