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Property Rates in Magathane, Mumbai (2026)

These are the latest property rates in Magathane, Mumbai — the Borivali East pocket around the Magathane metro station and depot, home to one of the western suburbs’ largest MHADA colonies and a big redevelopment pipeline — with configuration-wise price estimates, rental figures, and how Magathane compares with nearby areas.

Residential · Sale
₹32,000/sq.ft
asking rate
Residential · Rent
₹32K–68K/month
1–3 BHK
Commercial · Sale
varies by building
Commercial · Rent
varies by building
Indicative Transaction Benchmark₹25,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹19,000/sq.ft (est.)
CityMumbai
5yr / 1yr Appreciation~+30% / +11.2%
Property Rates in Magathane are quoted per sq.ft of carpet area; the Ready Reckoner is on built-up area. Updated 8 September 2026.

Commercial Property Rates in Magathane

Commercial rates in Magathane change a lot from one building to the next: floor, frontage, road, fit-out and lease terms can move the price by 2× or more. A single per sq.ft figure would mislead, so we share current deal rates on request.

Tell us what you need (office or shop, size and budget, buy or lease) and we will send recent rates for matching Magathane properties on WhatsApp.

Property Rates in Magathane by BHK

1 BHK
market listings
₹1.05 Cr – ₹1.55 Cr
2 BHK
market listings
₹1.85 Cr – ₹2.90 Cr
3 BHK
market listings
₹3.00 Cr – ₹4.60 Cr

These property rates in Magathane reflect actual listed prices on a carpet-area basis. Older cessed and chawl stock sits at the value end; newer branded and redeveloped towers trade well above the area average.

Rental Rates in Magathane

1 BHK
avg. monthly rent
~₹32,000
2 BHK
avg. monthly rent
~₹48,000
3 BHK
avg. monthly rent
~₹68,000

From independent market research, not Asraa Realty’s own rental listings. Gross yield in Magathane is around 3.0%.

Property Rates in Magathane: Price Trend

Property Rates in Magathane: price trend chart

Portals record Magathane up about 11.2% over the last year to near ₹32,150/sq.ft, tracking the wider Borivali East market. The chart reflects that climb.

Estimate Your Property’s Value

Estimated Value
₹1.75 Cr – ₹2.24 Cr
Low end: indicative transaction benchmark (₹25,000/sq.ft) · High end: asking rate (₹32,000/sq.ft)

Live Listings in Magathane

No active Asraa Realty residential listing is currently confirmed as being in Magathane specifically with a displayable price at time of research.

View all current listings in Magathane →

Nearby Areas

LocalityRatevs Magathane
Magathane (this area)₹32,000—
Borivali East₹32,150level
Shimpoli₹32,100level
Dahisar East₹24,600-23%

Rates for Mumbai areas are independently researched and cross-verified as of 8 September 2026.

Talk to an advisor about Property Rates in Magathane, Mumbai (2026)

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About Magathane

Magathane is a Borivali East pocket along the Western Express Highway around the Magathane Metro Line 7 station and depot. It contains one of Mumbai’s largest MHADA colonies, the Devidas Lane belt, and a substantial cluster-redevelopment pipeline, alongside a set of newer private towers.

What Affects Prices in Magathane

Magathane Metro Line 7 station & depot
Western Express Highway access
Large MHADA colony & cluster-redevelopment pipeline
Sanjay Gandhi National Park green edge
Very wide gap between new-tower and MHADA stock
MHADA / old-colony stock vs new private towers
Pocket & distance from the metro station
Building age & redevelopment stage

Frequently Asked Questions

Common questions about property rates in Magathane, Mumbai, covering residential and rental figures.

What are the current property rates in Magathane?

The average asking rate in Magathane is around ₹32,000 per sq.ft carpet area (as of mid-2026). An indicative transaction benchmark is around ₹25,000 per sq.ft, and the government Ready Reckoner rate (built-up area) is estimated near ₹19,000 per sq.ft.

What is the price range for a flat in Magathane?

Based on current market listings, a 1 BHK in Magathane runs roughly ₹1.05 Cr – ₹1.55 Cr, a 2 BHK ₹1.85 Cr – ₹2.90 Cr, and a 3 BHK ₹3.00 Cr – ₹4.60 Cr.

Is Magathane a good rental investment?

Gross rental yield in Magathane is around 3.0%. As with any single area, actual returns depend on the specific building, possession stage and timing.

Property rates in Magathane 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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