Property Rates in Bandra West, Mumbai 2026

The average asking price in Bandra West is currently ₹62,000 per sq ft, which sits notably above the Government Registration Rate of ₹49,150 per sq ft. This gap between the market-driven asking price and the government-notified rate is common in high-demand, premium residential hubs like Bandra West, where property value is heavily influenced by lifestyle amenities and location prestige.

The property market in Bandra West has shown a consistent upward trajectory, with the location rate rising from ₹57,350 per sq ft in September 2025 to ₹66,700 per sq ft by June 2026. This sustained growth across consecutive quarters signals strong investor confidence and resilient demand in the area.

Rental rates in Bandra West scale significantly with size, ranging from ₹47,000 per month for a Studio apartment to ₹4.88 Lakh per month for a 5 BHK unit as of June 2026. A 1 BHK typically commands ₹80,350 per month, while 2 BHK and 3 BHK units average ₹1.51 Lakh and ₹2.45 Lakh per month, respectively, reflecting the diverse housing needs of the local tenant demographic.

Bandra West offers an average rental yield of 4.14% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, providing a useful benchmark for evaluating the income-generating potential of residential assets in this high-value market.

As of June 2026, premium projects such as S Raheja Evergreen, Rizvi Complex Phase II, and Arth Crown Palace lead the market with rental rates of ₹292, ₹288, and ₹283 per sq ft respectively. These projects command higher premiums due to their specific location advantages and building quality within Bandra West.

As of June 2026, Ready To Move properties in Bandra West are priced at an average of ₹48,150 per sq ft, having appreciated by 9.95% compared to the prior period. In contrast, Under Construction projects are priced at ₹53,750 per sq ft, showing a significant appreciation of 15.99% over the same timeframe, which reflects the premium buyers are willing to pay for newer, modern inventory.

Rental rates vary across the vicinity, with areas like Ranwar and B Block BKC commanding a premium at ₹250 per sq ft as of June 2026. Meanwhile, other pockets like St. Peters Colony, ONGC Colony, and Khar West maintain a rate of ₹200 per sq ft, while Kherwadi remains more accessible at ₹150 per sq ft.

As of June 2026, apartments in Bandra West are priced at an average of ₹66,700 per sq ft, reflecting an appreciation of 7.57% from the previous period. Office spaces are currently valued at ₹60,300 per sq ft, having appreciated by 7.13% over the same timeframe.

Price trends in the surrounding areas show mixed performance as of June 2026. While Bandra East has seen an appreciation of 8.07% to reach ₹61,550 per sq ft and Mahim has appreciated by 9.42% to ₹50,250 per sq ft, other areas like Pali Hill have experienced a depreciation of 16.51%, bringing its average rate to ₹82,900 per sq ft.

The 'Well Occupied' category in Bandra West has seen a substantial appreciation of 19.94% as of June 2026, reaching an average price of ₹54,050 per sq ft. This sharp increase often signals high demand for established, functional communities where the risk of project delay is non-existent, making these properties highly attractive to end-users.

The average rental rate for office spaces in Bandra West is ₹350 per sq ft as of June 2026, which has seen a significant appreciation of 42.51% compared to the previous period. This sharp rise highlights the increasing demand for commercial workspace in the area, likely driven by businesses seeking premium locations.

Users can use the project-level listing rates to benchmark specific buildings against the broader Bandra West average of ₹62,000 per sq ft. For instance, projects like Kalpataru Nakshatra Mumbai, currently listed at ₹1.17 Lakh per sq ft, represent the premium segment of the market, allowing buyers to identify which projects command a price higher than the locality average.

The Government Registration data shows 226 transactions with a gross value of ₹1,074 Cr recorded between September 2025 and August 2026. This volume provides a reliable indicator of actual market activity and liquidity in Bandra West, helping buyers understand the real-world pace of property sales beyond just asking prices.

As of June 2026, the average rental rate for apartments in Bandra West is ₹200 per sq ft, which has seen a minor depreciation of 0.93% compared to the previous period. This stability suggests that while the rental market remains active, it has experienced a slight correction, offering a balanced entry point for potential tenants.