These are the latest property rates in Lokhandwala, Mumbai — the Lokhandwala Complex in Andheri West, between Oshiwara, Versova and the DN Nagar Metro, long known for its media and Bollywood residents — with price estimates, rental figures and how Lokhandwala compares with its neighbours.
Property Rates in Lokhandwala by BHK
Independent research puts the average for property rates in Lokhandwala near ₹43,750/sq.ft carpet. The ₹44,000 headline follows that aggregate. The last year has been broadly flat (−1.2%) after a strong three- and five-year run.
Rental Rates in Lokhandwala
From independent market research, not Asraa Realty’s own rental listings. Media and entertainment tenants dominate; a furnished 3 BHK in Oberoi Sky Garden lists at ₹3.25 Lakh a month. Against the sale figure for property rates in Lokhandwala, gross yield works out near 3.0–3.5%.
Property Rates in Lokhandwala: Price Trend
A strong run to 2025 — about +31% over five years — then a slight easing of roughly −1% over the last year.
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Lokhandwala & Neighbouring Localities
| Locality | Rate | vs Lokhandwala |
|---|---|---|
| Lokhandwala (this locality) | ₹44,000 | — |
| Versova | ₹42,000 | -5% |
| Andheri West | ₹41,500 | -6% |
| Oshiwara | ₹36,000 | -18% |
Versova, Andheri West and Oshiwara are all independently researched and cross-verified as of 6 September 2026.
Lokhandwala trades at the top of the Andheri West–Lokhandwala–Versova cluster on a blended basis, a small premium for its planned layout and established society stock.
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Chat on WhatsApp or call +91 96199 73211About Lokhandwala
Lokhandwala Complex is a planned residential pocket in Andheri West, developed from the mid-1980s on reclaimed land between Oshiwara, Versova and Four Bungalows, with its own market, back road and a long association with the film and television industry.
Its stock is a grid of cooperative-society buildings of that era, now interspersed with redeveloped towers, and served by the DN Nagar Metro station and the Versova–Andheri–Ghatkopar line.
What Affects Prices in Lokhandwala
Frequently Asked Questions
Common questions about property rates in Lokhandwala, covering residential and rental figures.
What is the current property rate in Lokhandwala?
The average asking rate for property rates in Lokhandwala is around ₹44,000 per sq.ft carpet area (as of mid-2026), tracking the independent aggregate of ₹43,750.
The last year has been broadly flat, after gains of about 17% over three years and 31% over five. An indicative transaction benchmark is around ₹36,000 per sq.ft.
How does Lokhandwala compare with Oshiwara and Versova?
On a blended basis Lokhandwala sits at the top of the cluster at about ₹44,000/sq.ft, just above Versova (₹42,000) and Andheri West (₹41,500), and well above Oshiwara (₹36,000).
Its planned layout and established society stock earn a small premium, though Oshiwara has appreciated faster.
Property rates in Lokhandwala on this page are indicative, on a carpet-area basis, from current listings and published research. The Ready Reckoner rate is set by IGR Maharashtra. These figures are not a valuation.
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