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Property Rates in Mumbai

Comprehensive Market Snapshot

Mumbai's dynamic real estate market is currently valued at an asking price of ₹38,179 per sq ft, reflecting its premium status and strong demand. The registration rate stands at ₹18,130 per sq ft, indicating active transaction volumes across the city. The rental market also presents a robust picture, with an average rental rate of ₹117 per sq ft and a healthy rental yield of 3.68%. This diverse market caters to various buyer and tenant preferences, from luxury apartments to commercial spaces, making it a compelling investment destination.<ul><li>Mumbai South commands the highest average rate among micromarkets at ₹46,342 per sq ft.</li><li>Apartments, the dominant property type, registered a positive price change of 1.24%.</li><li>The market recorded a substantial 104,949 government transactions with a gross value of ₹159,146 Cr from Apr 25 to Mar 26.</li><li>Ready To Move properties represent a significant portion of the market with 17,442 units available.</li><li>Rental apartments see an average rate of ₹44,411 per month for 1 BHK units, rising to ₹3.96 Lakh per month for 4 BHKs.</li></ul>

  • Asking Sale Price₹ 38,179/sq.ft
  • Govt. Registration Prices₹ 18,130/sq.ft
  • Average Rental₹ 117/sq.ft

Insights for Mumbai Real Estate Market

Mumbai's real estate sector continues to exhibit strong performance, with the city's average asking price hovering around ₹38,179 per sq ft. Quarterly price trends show fluctuations, peaking at ₹37,868 per sq ft in Jun 2025 and reaching ₹37,713 per sq ft by Dec 2025, suggesting a resilient market. The government registration data underscores this vitality, with 104,949 transactions totaling ₹159,146 Cr between Apr 25 and Mar 26, reflecting consistent buyer confidence. Micromarkets like Mumbai South lead in average rates, while Mumbai Central Suburbs shows notable growth with a 9.36% increase. In the rental segment, the city offers an attractive average rental yield of 3.68%, supported by diverse property types and projects. Leading developers like Kalpataru and Lodha are driving significant transaction volumes and values, further solidifying Mumbai's market strength.<ul><li>Mumbai's asking price witnessed a notable quarter-on-quarter increase, reaching ₹37,713 per sq ft in Dec 2025 from ₹34,714 per sq ft in Mar 2025.</li><li>Mumbai Central Suburbs recorded the highest price appreciation among micromarkets, with a 9.36% change.</li><li>Apartments are the most stable property type, showing a positive price change of 1.24%, while villas experienced a significant decline of -25.6%.</li><li>The rental market's 3.68% yield is supported by a strong average rental rate of ₹117 per sq ft, with Mumbai South leading rental rates at ₹194 per sq ft.</li><li>Top developers such as Kalpataru and Lodha collectively contributed to substantial transaction volumes and values, highlighting their market dominance.</li></ul>

Market Strengths Market Strengths
  • Mumbai's overall asking price of ₹38,179 per sq ft reflects a premium and high-value market.
  • The market boasts robust government registration activity with 104,949 transactions and a gross value of ₹159,146 Cr.
  • Mumbai Central Suburbs demonstrates strong capital appreciation potential with a 9.36% price increase.
  • Apartments show stable and positive price growth of 1.24%, indicating consistent demand.
  • The rental market offers an attractive average rental yield of 3.68%, making it lucrative for investors.
  • Leading developers like Kalpataru and Lodha drive significant transaction volumes and values, ensuring market stability and quality projects.
  • Mumbai South commands the highest rental rates at ₹194 per sq ft, with a positive 1.57% change, showcasing strong rental demand in prime areas.
Market Challenges Market Challenges
  • The villa segment experienced a substantial price decline of -25.6%, suggesting decreased demand or oversupply.
  • Shops and office spaces saw negative price changes of -2.81% and -1.97% respectively, indicating potential challenges in the commercial sale market.
  • The rental market for villas also saw a decline of -5.34%, pointing to reduced rental demand for this property type.
  • Showrooms in the rental market experienced a -3.71% change, signaling a potential downturn in demand for large commercial rental spaces.
Investment Opportunities Investment Opportunities
  • Invest in Mumbai Central Suburbs, which experienced a significant 9.36% price increase, indicating strong growth potential.
  • Consider apartments, a property type showing stable positive price growth of 1.24%.
  • Explore Ready To Move properties, which dominate the market with 17,442 units, offering immediate returns.
  • Leverage the robust rental market, which offers an attractive average rental yield of 3.68%.
  • Invest in Mumbai South for premium rental returns, with an average rental rate of ₹194 per sq ft and a 1.57% increase.
Property Valuation

Comprehensive assessment of your property's current worth in the current market

Property Price Trends in Mumbai

Asking Price Trends

Mumbai's property market has experienced varied price movements over the last few quarters. The average city rate stood at ₹34,714 per sq ft in Mar 2025, climbing to ₹37,868 per sq ft in Jun 2025. While there was a slight dip to ₹35,552 per sq ft in Sep 2025, the market rebounded, closing Dec 2025 at ₹37,713 per sq ft, demonstrating resilience and a positive trajectory.

Quarter City Rate
Dec 2025 37713
Sep 2025 35552
Jun 2025 37868
Mar 2025 34714
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Price Trends by Micromarket

Mumbai's micromarkets exhibit diverse pricing landscapes, reflecting varied demand and development stages. Mumbai South commands the highest average rate at ₹46,342 per sq ft, underscoring its premium positioning. In contrast, Mumbai Central Suburbs offers properties at an average of ₹32,882 per sq ft, yet it registered the most significant growth with a 9.36% increase. Mumbai Western Suburbs and Mumbai Harbour also present competitive rates, averaging ₹34,583 per sq ft and ₹36,015 per sq ft respectively, with both areas showing positive growth.

Micro Market Rate (₹/sq.ft) Change %
Mumbai Central Suburbs 32,882 9.4
Mumbai Harbour 36,015 4.2
Mumbai South 46,342 0.3
Mumbai Western Suburbs 34,583 4.4
Price Trends by Property Type

Mumbai's real estate market caters to diverse buyer preferences across property categories. Commercial spaces, particularly shops, lead the premium segment at ₹63,632 per sq ft, although experiencing a -2.81% change. Office spaces are priced at ₹39,160 per sq ft with a -1.97% change. Residential options span from apartments priced at ₹38,179 per sq ft with a positive 1.24% change to villas at ₹31,094 per sq ft, which saw a significant -25.6% decline. Co-working spaces round out the market at ₹30,391 per sq ft, showing a marginal 0.15% increase.

Type Rate (₹/sq.ft) Change %
Shop 63,632 -2.81
Office Space 39,160 -1.97
Villa 31,094 -25.6
Apartment 38,179 1.24
Co-working Space 30,391 0.15
Price Trends by Project Status

The Mumbai market offers properties across various development stages, catering to different buyer timelines. Ready To Move inventory, comprising 17,442 units, averages ₹30,760 per sq ft with a -1.18% change, appealing to immediate occupancy seekers. Under Construction projects present 2,031 opportunities at ₹32,202 per sq ft, showing a 1.64% increase, while New Launch projects offer 569 units at ₹30,278 per sq ft with a 2.09% increase. This diverse supply mix enables buyers to balance possession timing with pricing preferences.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 23,241 30,720 -0.85
Under Construction 2,031 32,202 1.64
New Launch 569 30,278 2.09

Project and Developer Insights

Top Projects in Mumbai
Purva Estrella is the top project in Mumbai with prices from ₹ 3.32 Cr to 6.88 Cr.
Purva Estrella ₹ 3.31 Cr - ₹ 6.88 Cr
  • Mumbai Western Suburbs, Mumbai
Prestige Garden Trails ₹ 2.10 Cr - ₹ 2.10 Cr
  • Mira Bhayandar, Thane
Arihant Aspire ₹ 57.3 L - ₹ 95.16 L
  • Panvel, Navi Mumbai
Today Global Anandam ₹ 78.18 L - ₹ 1.60 Cr
  • Panvel, Navi Mumbai
Dosti Greater Thane ₹ 38.36 L - ₹ 68.93 L
  • Thane City, Thane
Origin Rock Highland ₹ 1.69 Cr - ₹ 2.45 Cr
  • Mumbai Western Suburbs, Mumbai
Provident Palmvista ₹ 59 L - ₹ 1.05 Cr
  • Dombivli, Thane
West Center Meridian Courts ₹ 90 L - ₹ 2.97 Cr
  • Mumbai Western Suburbs, Mumbai
JP The Palace ₹ 83 L - ₹ 1.77 Cr
  • Mira Bhayandar, Thane
Mahindra Vista ₹ 1.36 Cr - ₹ 5.26 Cr
  • Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Mumbai are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Kalpataru Azuro in Nepean Sea Road, Mumbai South, is priced at an impressive ₹1.41 Lakh per sq ft, experiencing a 66.37% change. Rustomjee Parishram in Pali Hill, Mumbai Western Suburbs, follows closely at ₹1.37 Lakh per sq ft with a 16.66% change. Lodha Malabar in Malabar Hill, Mumbai South, offers properties at ₹1.3 Lakh per sq ft, showing a 28.42% change. These top-tier developments represent the aspirational segment of the market.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Kalpataru Azuro 1,41,067 66.4
Rustomjee Parishram 1,36,650 16.7
Lodha Malabar 1,29,502 28.4
232 Dhuleva 1,22,331 -
Rustomjee The Panorama 1,22,191 29.2
Prestige Daffodils Chs 1,22,162 17.7
Wadhwa Samarpan 1,22,162 17.7
Wadhwa Golden Peak 1,22,162 17.7
Kalpataru Nakshatra Mumbai 1,21,594 17.2
Ruparel Mirage 1,21,594 17.2
Project Name Current Price (₹/sq.ft) Sale Value Change %
Peninsula Ashok Towers 43,309 ₹ 98.55 Cr 6.8
Maker Tower 57,664 ₹ 90.93 Cr -
Supreme Signature 40,895 ₹ 90 Cr 3.8
Indiabulls Sky Forest 44,638 ₹ 73.71 Cr 19.4
L&t Crescent Bay 43,997 ₹ 70.67 Cr 4.5
Lodha The Park 62,025 ₹ 55.87 Cr 11.2
Omkar Alta Monte 29,760 ₹ 53.81 Cr -
Shapoorji Pallonji The Imperial 72,903 ₹ 52.53 Cr -
Rustomjee Crown 73,168 ₹ 52.08 Cr -
Mj 81 Aureate 49,272 ₹ 50 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
Jp North 16,987 41 2.1
Peninsula Ashok Towers 43,309 20 6.8
Seven Eleven Apna Ghar 14,167 20 0.2
Chandak Nishchay 27,533 17 4.6
Omkar Alta Monte 29,760 16 -
L&t Crescent Bay 43,997 15 4.5
Kalpataru Radiance 36,420 14 4
Runwal Bliss 30,603 14 0.4
Sheth Vasant Oasis 33,064 13 7.5
Lnt Realty Emerald Isle 37,186 12 2.6
Top Developers in Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
DLF
Lodha ₹ 67.27 L - ₹ 98.70 Cr
  • 110 Projects
  • 39 Years
DLF
Kalpataru ₹ 97.29 L - ₹ 71.98 Cr
  • 83 Projects
  • 50 Years
DLF
Hiranandani ₹ 64.28 L - ₹ 8.28 Cr
  • 77 Projects
  • 34 Years
DLF
Rustomjee ₹ 25.75 L - ₹ 62.31 Cr
  • 68 Projects
  • 23 Years
DLF
Runwal ₹ 86 L - ₹ 60 Cr
  • 67 Projects
  • 41 Years
DLF
The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr
  • 59 Projects
  • 50 Years
DLF
Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr
  • 50 Projects
  • 52 Years
DLF
Ruparel ₹ 63.33 L - ₹ 6.94 Cr
  • 44 Projects
  • 19 Years
DLF
Godrej ₹ 1.07 Cr - ₹ 87.92 Cr
  • 43 Projects
  • 29 Years
DLF
Chandak ₹ 85 L - ₹ 10.93 Cr
  • 40 Projects
  • 20 Years
View More
Top Developers by Transaction Count and Transaction Value

Premium residential developments in Mumbai are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Kalpataru Azuro in Nepean Sea Road, Mumbai South, is priced at an impressive ₹1.41 Lakh per sq ft, experiencing a 66.37% change. Rustomjee Parishram in Pali Hill, Mumbai Western Suburbs, follows closely at ₹1.37 Lakh per sq ft with a 16.66% change. Lodha Malabar in Malabar Hill, Mumbai South, offers properties at ₹1.3 Lakh per sq ft, showing a 28.42% change. These top-tier developments represent the aspirational segment of the market.

  • By Transaction
  • By Value
Developer Transactions
Kalpataru 88
Lodha 78
Hiranandani 77
Hdil 76
Runwal 75
Mpchfl 54
Bhoomi Group 49
Jp Infra 47
Kanakia Spaces 44
Developer Sale Value
Kalpataru ₹ 289.96 Cr
Lodha ₹ 283.88 Cr
K Raheja Corp ₹ 246.73 Cr
Hiranandani ₹ 234.18 Cr
Peninsula Land ₹ 172.32 Cr
Runwal ₹ 170.59 Cr
Rustomjee ₹ 158.04 Cr
Oberoi Realty ₹ 153.61 Cr
Raheja Universal ₹ 137.81 Cr

Government Registration in Mumbai

  • Sales Transactions1,04,949
  • Gross Sales Value₹ 159,146 Cr
  • Registered Rate₹ 18,150/sq.ft

Official registration data reveals robust transaction activity in Mumbai during Apr 25 to Mar 26. The market recorded 104,949 transactions valued at ₹159,146 Cr, with an average registered rate of ₹18,150 per sq ft. Developer activity was led by Kalpataru with 88 transactions, while transaction values were dominated by Kalpataru with ₹289.97 Cr. Project-wise, JP North attracted maximum buyer interest with 41 transactions, and Peninsula Ashok Towers generated the highest gross transaction value of ₹98.55 Cr, indicating strong market momentum.

Recent Registered Transactions in Mumbai

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2026-03-26 Floor G, Unit 3 N/A 175 Sq.Ft. 🔒 🔒
2026-03-26 Floor 3, Unit 304 A-8 685 Sq.Ft. 🔒 🔒
2026-03-26 Floor 7, Unit 706 62 390 Sq.Ft. 🔒 🔒
2026-03-26 Floor 12, Unit 1207 E 321 Sq.Ft. 🔒 🔒
2026-03-26 Floor 5, Unit 502 N/A 388 Sq.Ft. 🔒 🔒
2026-03-26 Floor 2, Unit 203 J 535 Sq.Ft. 🔒 🔒
2026-03-26 Floor 4, Unit 401 5, A 320 Sq.Ft. 🔒 🔒
2026-03-26 Floor 20, Unit 2003 2 412 Sq.Ft. 🔒 🔒
2026-03-26 Floor 6, Unit 602 G 710 Sq.Ft. 🔒 🔒
2026-03-26 Floor 30, Unit 3004 2 599 Sq.Ft. 🔒 🔒
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