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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
₹10K–20K/sq.ft
office / shop
Commercial · Rent
₹55–260/sq.ft/mo
office to shop
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%
Asking, transaction, BHK, commercial and rental rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 8 September 2026 · see full breakdown and sourcing below

Commercial Property Rates in Magathane

For Sale

Office / Shop
sale rate, per sq.ft
₹10K–20K

On a carpet-area basis, from real listing examples. Magathane’s commercial space is Western Express Highway roadside retail and showrooms plus township podium retail; there is no organised office market. Figures are indicative.

For Rent / Lease

Office
rent, per sq.ft/month
₹55 – ₹105
Shop / Showroom
rent, per sq.ft/month
₹110 – ₹260

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 Magathane

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%.

Magathane Property Price Trend

₹32k ₹28k ₹24k 2021 ₹24k 2023 ₹27k Sep '25 ₹30k Jun '26 ₹32k ↑ Asraa's own tracking starts here

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

Enter the carpet area and configuration of a property in Magathane 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.

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)

This is a quick estimate using this area’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.

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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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹13.44 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹13.74 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value (about ₹19,000/sq.ft built-up in Magathane, on an estimated basis).

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area — Maharashtra’s own formula treats built-up area as carpet area × 1.20.

You can verify the current official Ready Reckoner rate and calculate exact stamp duty on the Maharashtra IGR government portal.

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.

At around ₹32,000/sq.ft asking, Magathane tracks the wider Borivali East level, up about 11.2% over the last year (portals) on the metro and redevelopment story. Registered deals average lower, near ₹25,000, on the large MHADA component.

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 is the current property rate 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.

How were these Magathane rates worked out?

Portals put Magathane near ₹32,150/sq.ft (up about 11.2% over the last year), tracking Borivali East, with registered deals near ₹25,000 on the large MHADA component. Our ₹32,000 headline is rounded from that, and the ₹25,000 benchmark and trend line are estimates.

What are commercial property rates in Magathane?

Commercial (office and shop) space in Magathane sells for roughly ₹10K–20K/sq.ft carpet and leases for about ₹55 – ₹105/sq.ft per month for offices and ₹110 – ₹260 for shops, depending on grade 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 area on 8 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.

Portals put Magathane near ₹32,150/sq.ft (up about 11.2% over the last year), tracking Borivali East, with registered deals near ₹25,000 on the large MHADA component. Our ₹32,000 headline is rounded from that, and the ₹25,000 benchmark and trend line 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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