Property Rates in Goregaon East, Mumbai - 2025

Goregaon East continues to be one of Mumbai’s top-performing real estate markets in 2025, driven by rapid infrastructure growth and expanding commercial hubs. With increasing demand and improved connectivity, property rates in Goregaon East continue to rise in 2025, making it a prime location for homebuyers and investors. Current property rates range between ₹20,000 and ₹35,000 per sq. ft., depending on the project, amenities, and proximity to key locations. The area enjoys excellent connectivity via the Western Express Highway, Goregaon railway station, and the newly operational Metro Line 7, making it a preferred residential and investment hub. With IT parks, corporate offices, and premium residential projects boosting demand, understanding the latest market trends and Goregaon East real estate prices is crucial for making informed property decisions.

Goregaon East Property Rates - Area-Wise

Goregaon East is a well-developed suburb in Mumbai, known for its strong infrastructure, commercial hubs, and connectivity. Property prices in this locality vary across different areas based on proximity to business centers, social amenities, and ongoing developments. Below is an area-wise breakdown of property prices in 2025:

Property Rates in Key Localities:

• Aarey Colony: Approximately ₹15,185 per sq. ft.
• Gokuldham: Around ₹22,762 per sq. ft.
• Yashodham: Approximately ₹31,001 per sq. ft.
• Jay Prakash Nagar: Around ₹24,295 per sq. ft.
• Cama Industrial Estate: Approximately ₹22,446 per sq. ft.
• Pandurang Wadi: Around ₹22,935 per sq. ft.
• Nagri Niwara Cooperative Housing Society: Approximately ₹23,511 per sq. ft.
• Vishveshwar Nagar: Around ₹22,732 per sq. ft.
• Churi Wadi: Approximately ₹24,360 per sq. ft.
• Sai Nagar – ₹16,800 per sq. ft.
• Pravasi Industrial Estate – ₹18,000 per sq. ft.
• Film City Road Extension – ₹19,200 per sq. ft.
• Vanrai Colony – ₹18,500 per sq. ft.
• NESCO: Around ₹25,075 per sq. ft.
• Gundavali – ₹17,500 per sq. ft.

Emerging Areas in Goregaon East

In Goregaon East, several areas are growing quickly because of new developments, better infrastructure, and rising demand for homes. These places are becoming popular among buyers and investors due to their good connectivity and location near business hubs.

• Gundavali
  Gundavali is gaining popularity because of Metro Line 7, which has made traveling easier. The area is also close to the Western Express Highway, making it convenient for daily commuters. With new residential projects coming up, it’s becoming a preferred choice for homebuyers. Over the last three years, property rates in Gundavali have risen from ₹14,500 per sq. ft. to approximately ₹17,500 per sq. ft., reflecting growing demand and better connectivity.
• Sai Nagar
  Sai Nagar, located near Goregaon Railway Station, is attracting attention for its affordable housing options and great connectivity to nearby business hubs. The expansion of IT parks and commercial spaces around the area has also boosted its demand. Property prices in Sai Nagar have climbed from ₹14,000 per sq. ft. three years ago to around ₹16,800 per sq. ft., driven by its strategic location and affordability.
• Pravasi Industrial Estate
  This area is transforming from an industrial zone to a mix of residential and commercial developments. Better road connections and its closeness to business centers are making it a high-potential area for investment. Over the last three years, property rates here have grown from ₹15,000 per sq. ft. to ₹18,000 per sq. ft., reflecting the area’s redevelopment and increasing interest from buyers and investors.
• Film City Road Extension
  The ongoing road expansions and metro connectivity have made this area more accessible. Its location near Andheri and Malad's business hubs, along with new residential projects, is turning it into a real estate hotspot. Property rates in the Film City Road Extension area have surged from ₹16,500 per sq. ft. three years ago to ₹19,200 per sq. ft., making it an attractive choice for both homebuyers and investors.
• Vanrai Colony
  Vanrai Colony, situated close to NESCO IT Park, is becoming a preferred spot for professionals. Modern apartment complexes and upcoming retail spaces are adding to the area’s charm, making it a promising place for buyers. Over the last three years, property prices here have increased from ₹16,000 per sq. ft. to ₹18,500 per sq. ft., driven by demand from professionals and the rise of quality housing options.

Factors Influencing Property Prices in Goregaon East

• Infrastructure Development: Metro Line 7, road expansions, and better public transport have significantly boosted connectivity, attracting buyers and investors.
• Proximity to Business Hubs: The area's closeness to NESCO IT Park, Film City, and Mindspace Malad drives high demand for residential properties.
• Rental Yield: With an average rental yield of 3%, Goregaon East appeals to investors seeking steady rental income.
• New Residential Projects: An increase in housing options, from affordable homes to luxury apartments, has balanced demand in most localities.
• Luxury Housing Growth: Premium developments with modern amenities, gated security, and spacious layouts have elevated the area's profile.
• Social Infrastructure: Schools, hospitals, and shopping malls like Oberoi Mall enhance the locality’s livability, drawing family-oriented buyers.
• Green Spaces: Proximity to Aarey Colony and Film City offers greenery, making it an attractive choice for buyers seeking a quieter environment.
• Employment Opportunities: The growing number of IT parks and commercial spaces around the area has increased residential demand.
• Price Trends: While some areas have seen price corrections, others continue to appreciate due to limited inventory and growing demand.
• Connectivity to Western Suburbs: Easy access to Andheri, Malad, and Borivali enhances the convenience of living in Goregaon East, boosting its appeal.

Goregaon East Real Estate Market Future Trends

Goregaon East’s real estate market is stable, offering a mix of ready-to-move and under-construction projects. Key areas like Gokuldham and Yashodham have seen a 6-8% price hike in the last three years, while emerging zones like Gundavali and Sai Nagar have witnessed 10-12% growth, driven by Metro Line 7 and infrastructure upgrades.

Premium localities such as NESCO command rates of ₹25,075 per sq. ft., while affordable areas like Sai Nagar remain attractive for first-time buyers. With increasing demand from IT hubs and corporate offices, experts anticipate a steady price rise over the next 2-3 years, making Goregaon East a promising investment destination for 2025.