Property Rates in Bandra East, Mumbai 2026

Property prices in Bandra East have shown a fluctuating trend throughout 2026. The location rate was ₹61,550 per sq ft in March 2026, dipped to ₹56,150 per sq ft in June 2026, and reached ₹55,550 per sq ft by September 2026. This trajectory suggests a period of price consolidation following the higher valuations observed earlier in the year.

Property rates in Bandra East vary significantly when compared to its immediate surroundings. Among neighbouring areas, Pali Hill commands the highest average asking price at ₹1.01 Lakh per sq ft, having appreciated by 21.97% recently. Conversely, more affordable options are available in areas like Chunabhatti at ₹27,850 per sq ft, which has seen an appreciation of 4.69%, and Sion at ₹28,800 per sq ft, which appreciated by 2.34%.

As of September 2026, Ready To Move properties in Bandra East are priced at an average of ₹45,450 per sq ft, showing a significant appreciation of 33.18% compared to the previous period. In contrast, Under Construction projects are currently priced at ₹48,450 per sq ft, reflecting a more stable appreciation of 2.22%. This indicates that while new supply is priced at a premium, the ready-to-move segment has experienced a sharp upward adjustment in value.

The average rental rate in Bandra East is ₹198 per sq ft as of September 2026, which has appreciated by 7.03% compared to the prior period. Investors should note that the locality currently offers a rental yield of 4.23%, providing a balanced income potential relative to the capital outlay required for property acquisition in this high-demand micromarket.

Rental costs in Bandra East scale significantly with size, reflecting the diverse housing needs in the locality as of September 2026. A 1 BHK apartment commands an average monthly rent of ₹53,850, while a 2 BHK unit averages ₹1.22 Lakh per month. Larger configurations see higher premiums, with 3 BHK units at ₹2.39 Lakh, 4 BHK units at ₹3.67 Lakh, and 5 BHK units reaching ₹3.72 Lakh per month.

As of September 2026, MIG Colony Bandra leads the rental market with an average rate of ₹256 per sq ft, showing stable pricing with 0% change. Other premium projects include Rustomjee Seasons at ₹224 per sq ft (up 0.45%) and Vaibhavlaxmi Address 51 at ₹220 per sq ft (stable at 0%). These projects represent the upper tier of the rental market, often attracting tenants seeking proximity to major business hubs like the Bandra Kurla Complex.

The average asking price in Bandra East is ₹56,150 per sq ft, while the Government Registration Rate is ₹37,700 per sq ft as of September 2026. This gap often reflects the premium buyers are willing to pay for modern amenities, brand reputation, and specific project features that exceed the baseline valuation used for government registration purposes. Investors should use the Government Registration Rate as a benchmark for the floor value of transactions in the area.

As of September 2026, office spaces in Bandra East are priced at an average of ₹85,000 per sq ft, having appreciated by 2.43% compared to the previous period. Apartments, which represent the primary residential stock, are priced at ₹55,550 per sq ft, reflecting a minor depreciation of 1.08%. The higher valuation of office space underscores the commercial importance of the Bandra East micromarket.

New Launch projects in Bandra East are currently priced at ₹49,150 per sq ft as of September 2026, marking a notable appreciation of 12.08% compared to the previous period. This double-digit growth suggests strong developer confidence and buyer appetite for fresh inventory in the locality, likely driven by the introduction of premium features or strategic project positioning.