These are the latest property rates in Mahavir Nagar, Kandivali West, Mumbai — configuration-wise price estimates, commercial rates, rental rates, and how this premium pocket compares with the rest of Kandivali.
Commercial Property Rates in Mahavir Nagar
For Sale
On a carpet-area basis, from real listing examples — Mahavir Nagar is Kandivali’s main branded-retail and showroom address, so ground-floor frontage near Raghuleela Mall and Poisar Gymkhana commands the top of the range.
For Rent / Lease
Figures per sq.ft/month on a carpet-area basis, from real listing examples. Not Asraa Realty’s own commercial data.
Estimated Property Prices in Mahavir Nagar
A reliable listing-based BHK range wasn’t cleanly available for Mahavir Nagar specifically.
These figures are computed at the current asking rate (₹36,450/sq.ft carpet) across typical 1/2/3 BHK carpet areas, and should be treated as indicative.
Rental Rates in Mahavir Nagar
From independent market research, not Asraa Realty’s own rental listings. Reported rents for 1 to 3 BHK homes in Mahavir Nagar span roughly ₹35,000 to ₹90,000/month, sitting above the Kandivali West average.
Mahavir Nagar Property Price Trend
Only a recent quarterly movement is reliably published for Mahavir Nagar specifically (about +2.4% over the latest quarter). A separate source cites roughly +17% over the last year; no verified multi-year series exists.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Mahavir Nagar to get an instant range, between the indicative transaction benchmark and the current asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.
This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
Live Listings in Mahavir Nagar
No active Asraa Realty listing is currently confirmed as being in the Mahavir Nagar pocket specifically with a displayable price at time of research.
Kandivali Localities
| Locality | Rate | vs Mahavir Nagar |
|---|---|---|
| Mahavir Nagar (this locality) | ₹36,450 | — |
| Kandivali Thakur Village | ₹34,250 | -6% |
| Kandivali East | ₹30,950 | -15% |
| Kandivali West | ₹25,100 | -31% |
| Kandivali Thakur Complex | ₹23,850 | -35% |
| Kandivali Charkop | ₹23,350 | -36% |
All six Kandivali localities Asraa Realty tracks are independently researched and cross-verified as of 6 September 2026 — Mahavir Nagar is the single priciest address in the cluster, ahead of even the planned Thakur Village township.
Talk to an advisor about Property Rates in Kandivali Mahavir Nagar, Mumbai (2026)
Get a free valuation, or ask about current listings and rates in this locality — no obligation.
Chat on WhatsApp or call +91 96199 73211About Mahavir Nagar
Mahavir Nagar is a compact, high-demand pocket in the northern part of Kandivali West, built around a grid of society buildings and anchored by the Raghuleela Mall and a dense S.V. Road retail and showroom strip.
At ₹36,450/sq.ft asking, it is the most expensive of the six Kandivali localities Asraa Realty tracks. One source puts the rate a little lower, near ₹32,500/sq.ft; this page uses the higher, more recent figure.
What Affects Prices in Mahavir Nagar
Frequently Asked Questions
Common questions about property rates in Mahavir Nagar, Kandivali West.
What is the current property rate in Mahavir Nagar?
The average asking rate in Mahavir Nagar is around ₹36,450 per sq.ft carpet area (as of June 2026), making it the priciest pocket in Kandivali. An indicative transaction benchmark — not independently verified — is lower, around ₹25,900 per sq.ft.
The government Ready Reckoner rate (built-up area) is approximately ₹14,665 per sq.ft, a Kandivali-wide figure.
What is the price range for a flat in Mahavir Nagar?
A clean listing-based range isn’t published for Mahavir Nagar on its own. Computed at the current asking rate, a 1 BHK works out to roughly ₹1.40–1.80 Cr and a 2 BHK to ₹2.20–2.90 Cr.
A 3 BHK computes to around ₹3.30–4.40 Cr; treat all three as indicative.
Why is Mahavir Nagar more expensive than the rest of Kandivali West?
Mahavir Nagar packs Kandivali’s densest concentration of retail, malls, schools, and restaurants into a small, walkable, well-planned society grid, with strong redevelopment interest on its older buildings.
That pushes it to ₹36,450/sq.ft — about 45% above the Kandivali West average and ahead of every other pocket in the cluster.
What is the average rent in Mahavir Nagar?
Based on independent market research, rents for 1 to 3 BHK homes in Mahavir Nagar run roughly ₹35,000 to ₹90,000/month — around ₹40,000 for a 1 BHK, ₹65,000 for a 2 BHK, and ₹88,000 for a 3 BHK.
What are commercial property rates in Mahavir Nagar?
Prime retail and showroom frontage in the Raghuleela and S.V. Road belt sells for roughly ₹45,000–65,000/sq.ft, while office space runs around ₹35,000/sq.ft.
Rents are ₹350–500/sq.ft/month for branded showroom space and ₹120–200/sq.ft/month for neighbourhood shops, all carpet-area basis.
Are these rates guaranteed, and how are they calculated?
No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this locality on 6 September 2026. For an exact, property-specific figure, use the enquiry form above.
About Our Property Rate Data
Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK, commercial and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement. The Ready Reckoner figure is a Kandivali-wide rate; no Mahavir Nagar-specific government rate is published separately.
Actual prices vary by building, floor, view, and negotiation, and are not a substitute for a professional valuation. Use the enquiry form above for a precise, property-specific estimate.
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