These are the latest property rates in Govandi, Mumbai — the Harbour Line locality between Chembur and Mankhurd, a value-oriented eastern-suburb market — with configuration-wise price estimates, rental figures, and how Govandi compares with nearby localities.
Commercial Property Rates in Govandi
For Sale
On a carpet-area basis, from real listing examples. Govandi’s commercial space is neighbourhood shops along Govandi Station Road and the Chembur-side stretch; there is no organised office market. Figures are indicative.
For Rent / Lease
Figures per sq.ft/month on a carpet-area basis, from real listing examples. The office and shop bands overlap; frontage and building grade drive the spread. Not Asraa Realty’s own commercial data.
Estimated Property Prices in Govandi
These property rates in Govandi reflect actual listed prices on a carpet-area basis, across Govandi Station Road, Baiganwadi, Shivaji Nagar-side pockets and the redevelopment clusters towards Chembur.
The range is wide: older and rehab stock sits at the bottom, while redeveloped societies on the Chembur side trade around ₹25,000–30,000/sq.ft.
Rental Rates in Govandi
From independent market research, not Asraa Realty’s own rental listings. Gross yield in Govandi is around 3.5% — affordable capital values plus steady tenant demand from the Chembur and BKC job markets on the Harbour Line.
Govandi Property Price Trend
Published data for Govandi is thin and conflicting — one 99acres page shows the apartment index up about 20% over a year, another shows it slightly down. Our blended view is broadly flat with a modest recent uptick; treat the trend as indicative.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Govandi to get an instant range, between the indicative transaction benchmark and the blended asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on whether the unit is older / rehab or redeveloped stock.
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 Govandi
No active Asraa Realty residential listing is currently confirmed as being in Govandi specifically with a displayable price at time of research.
Nearby Localities
| Locality | Rate | vs Govandi |
|---|---|---|
| Chembur | ₹31,000 | +29% |
| Anushakti Nagar | ₹25,000 | +4% |
| Govandi (this locality) | ₹24,000 | — |
| Mankhurd | ₹19,000 | -21% |
Rates are independently researched and cross-verified as of 7 September 2026. Govandi sits between Chembur’s established market and the more affordable Mankhurd, and trades much closer to the latter.
Talk to an advisor about Property Rates in Govandi, Mumbai (2026)
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Chat on WhatsApp or call +91 96199 73211About Govandi
Govandi is a Harbour Line station between Chembur and Mankhurd, in the M-East ward. It is a value-oriented eastern-suburb market with a wide spread of stock — from older and rehab housing to redeveloped societies on the Chembur side.
Published rate data is thin and, in places, contradictory: one 99acres page shows the apartment index up sharply over a year, another shows it easing. On a blended basis we put Govandi around ₹24,000/sq.ft, with an indicative transaction benchmark near ₹18,000.
Its case for buyers is price: direct Harbour Line access to Chembur, Wadala and BKC-adjacent job centres at some of the lowest rates in the eastern belt.
What Affects Prices in Govandi
Frequently Asked Questions
Common questions about property rates in Govandi, covering residential and rental figures.
What is the current property rate in Govandi?
On a blended basis, around ₹24,000 per sq.ft carpet area (as of mid-2026). Redeveloped societies on the Chembur side reach ₹25,000–30,000/sq.ft; older and rehab stock is lower. Portal data for Govandi is thin and conflicting, so treat this as indicative.
An indicative transaction benchmark is around ₹18,000/sq.ft. The government Ready Reckoner rate (built-up area) is estimated near ₹14,000/sq.ft.
What is the price range for a flat in Govandi?
Based on current market listings, a 1 BHK in Govandi runs roughly ₹75 Lakh to ₹1.30 Cr, a 2 BHK ₹1.20–2.40 Cr, and a 3 BHK ₹2.50–3.60 Cr — with older stock at the bottom and redeveloped societies at the top of each band.
Is Govandi cheaper than Chembur?
Yes — Govandi (₹24,000/sq.ft blended) trades about 29% below Chembur (₹31,000/sq.ft). It is one stop down the Harbour Line and offers similar connectivity at a materially lower price, which is its main draw for buyers.
Why is the data for Govandi described as conflicting?
Different 99acres pages for Govandi show materially different 1-year moves (one strongly positive, one slightly negative), which usually means a small, mixed transaction sample. We have taken a conservative blended view rather than pick one figure.
What are commercial property rates in Govandi?
Commercial (office and shop) space in Govandi sells for roughly ₹12K–24K/sq.ft carpet and leases for about ₹80–200/sq.ft per month, depending on grade, floor and frontage.
These figures are from real listing examples and are not Asraa Realty’s own commercial data.
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 7 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 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.
Govandi’s published data is thin and conflicting (99acres apartment indices between roughly ₹19,000 and ₹30,500/sq.ft, and 1-year moves ranging from −1% to +20%). Our ₹24,000 headline is a deliberate blend, and the ₹18,000 benchmark is weighted to the older-stock deals. The trend line and Ready Reckoner figure are estimates.
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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