Mumbai
Bandra West continues to be a premium residential landmark in Mumbai, with property rates currently averaging ₹62,000 per sq ft. This growth is mirrored by a strong rental market, where yields average 4.14%, and monthly rents for 3 BHK apartments reaching ₹2.62 Lakh. Government registration data highlights a vibrant transaction environment with 311 units registered for a total value of ₹1,594 Cr between August 2025 and July 2026. Developers like Raheja and Satguru continue to drive the supply, while buyers show a clear preference for ready-to-move projects that offer immediate value.
The average asking price in Bandra West is ₹62,000 per sq ft as of June 2026. This figure reflects an appreciation of 3.52% compared to the previous period, signaling sustained demand for residential properties in this premium locality.
As of June 2026, the average asking price in Bandra West stands at ₹62,000 per sq ft, while the Government Registration Rate is recorded at ₹46,100 per sq ft. This difference highlights the premium market positioning of Bandra West compared to the baseline valuation used for official property registrations.
Property rates in Bandra West have shown a consistent upward trajectory over the last few quarters. The average asking price rose from ₹57,350 per sq ft in September 2025 to ₹59,900 per sq ft in December 2025, and further to ₹62,000 per sq ft by March 2026, indicating strong investor confidence and high demand in the area.
As of June 2026, property prices in Bandra West vary significantly by project status. Ready to Move properties are priced at ₹45,650 per sq ft, having appreciated by 4.24% over the observed period. Meanwhile, Under Construction projects are currently at ₹51,450 per sq ft, showing a notable appreciation of 11.04%, and New Launch projects are priced at ₹53,750 per sq ft, which reflects an appreciation of 8.58%.
The average rental yield in Bandra West is 4.14% as of June 2026. This yield, combined with an average rental rate of ₹214 per sq ft—which has appreciated by 13.23%—suggests that Bandra West offers a stable income-generating potential for residential investors looking to balance capital appreciation with consistent rental returns.
Rental rates in Bandra West vary by unit size, catering to a diverse tenant profile as of June 2026. Monthly rents start at ₹46,450 for Studio apartments, increasing to ₹76,600 for 1 BHK, ₹1.58 Lakh for 2 BHK, ₹2.62 Lakh for 3 BHK, ₹3.8 Lakh for 4 BHK, and reaching ₹4.88 Lakh for 5 BHK units. This tiered pricing structure reflects the premium nature of the locality and the high demand for larger, luxury residential configurations.
As of June 2026, premium projects in Bandra West are led by S Raheja Evergreen at ₹292 per sq ft, followed by Rizvi Complex Phase II at ₹288 per sq ft, and Arth Crown Palace at ₹283 per sq ft. These properties command higher rents due to their prime location and luxury amenities, consistently outperforming the broader locality average.
Rental rates in Bandra West show variation across neighbourhoods as of June 2026. Ranwar and B Block BKC command the highest rates at ₹250 per sq ft, while areas like Chimbai Village and Govind Dham are more accessible at ₹150 per sq ft. Notably, Chimbai Village has seen a significant rental appreciation of 32.8%, whereas Govind Dham experienced a slight depreciation of 1.7%.
As of June 2026, the developers with the highest transaction activity in Bandra West include Raheja Developers, Satguru Developers, and Alvess Developers, each recording 2 transactions. This activity level highlights these developers' established presence and the market's preference for their projects in the locality.
Buyers in Bandra West should note that as of June 2026, Ready to Move properties are priced at ₹45,650 per sq ft (up 4.24%), while Under Construction projects are priced higher at ₹51,450 per sq ft (up 11.04%). This premium on Under Construction units often reflects the value of modern amenities, newer construction standards, and the potential for future capital appreciation upon completion.
