Bhuleshwar Property Rates

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Property rates in Bhuleshwar average ₹42,000 per sq ft, reflecting a positive growth trend of 5.67% for apartment properties. The market maintains a diverse portfolio, with ready-to-move projects priced at ₹32,550 per sq ft, while new launches are currently listed at ₹29,950 per sq ft. Investment interest is further supported by a strong rental market, where 2 BHK apartments command an average monthly rent of ₹78,350.

Insights

Insights for Bhuleshwar, Mumbai Real Estate Market Overview

The Bhuleshwar real estate market exhibits a dynamic landscape with consistent activity across both residential sales and leasing segments. Prices for apartments have shown an upward trajectory, supported by a mix of established ready-to-move inventory and emerging new launch projects. Government registration data highlights a robust transaction environment, with significant turnover recorded over the past year. Developers like Rapid Construction and RR Group Dubai are actively shaping the local project pipeline, contributing to the area's ongoing residential development. The rental sector remains equally vibrant, providing steady income potential for investors looking at prime South Mumbai localities.

Apartment prices have appreciated by 5.67%, reaching an average of ₹42,000 per sq ft.
Ready-to-move inventory is priced at ₹32,550 per sq ft, while under-construction units average ₹35,250 per sq ft.
Aasma Necklace View remains a high-value project, with listing rates reaching ₹96,450 per sq ft.
The rental market shows strong demand for 2 BHK configurations, with average monthly rents of ₹78,350.
Government records indicate a gross transaction value of ₹202 Cr, reflecting substantial market depth.

Market Strengths

A strong average residential price of ₹42,000 per sq ft across the apartment segment.
High transaction volume with 213 registrations recorded in the last year.
A significant total gross transaction value of ₹202 Cr.
Consistent demand for 2 BHK units with high rental yields.
Active participation from established developers like Rapid Construction.

Market Challenges

Well-occupied property segments have seen a price correction of -18.54%.
Ready-to-move project prices have experienced a decline of -9.83% compared to previous periods.
New launch project rates have adjusted by -5.43%.
Under-construction inventory has seen a moderate price shift of -2.46%.

Investment Opportunities

New launch projects offer a competitive entry point at ₹29,950 per sq ft.
2 BHK apartments provide a steady rental income stream averaging ₹78,350 per month.
Under-construction projects at ₹35,250 per sq ft offer potential for future capital appreciation.
The 5.67% growth in apartment prices indicates a healthy, rising market for long-term residential investment.

Price Trend

Bhuleshwar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Bhuleshwar Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Grant Road	49,700	-10.8
Nagpada	35,050	-0.2
Mazgaon	41,350	2.9
Papanas Wadi	1,20,900	-
Byculla West	45,250	4.9
Agripada	38,950	9.5
Tardeo	89,400	20.9
Byculla	43,900	-0.3
Altamount Road	1,35,400	3.3
Kemps Corner	73,100	31.3

Bhuleshwar sits within a competitive South Mumbai geography where property rates vary significantly by proximity. Nearby locations like Altamount Road command a premium at ₹1.35 Lakh per sq ft, while Tardeo maintains a high average of ₹89,400 per sq ft. More accessible options are available in areas like Nagpada and Agripada, which average ₹35,050 and ₹38,950 per sq ft respectively.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	42,000	5.7

Bhuleshwar's real estate market is primarily defined by its apartment segment, which averages ₹42,000 per sq ft. This category has seen a positive growth of 5.67%, underscoring the area's appeal for residential buyers.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	43	31,748	-11
Under Construction	8	35,250	-2.5
New Launch	6	29,950	-5.4

The market provides varied options based on project completion timelines to suit different buyer needs. Ready to move projects, which include 37 units, are priced at ₹32,550 per sq ft, while 8 under construction projects are available at ₹35,250 per sq ft. Additionally, new launches offer 6 units at an average of ₹29,950 per sq ft, providing entry points for those seeking modern developments.

Project & Developer Insights

Top Residential Projects and Developers in Bhuleshwar

Godrej Trilogy ₹ 17.49 Cr - ₹ 31.90 Cr

Mumbai South, Mumbai

Mayfair Aarambh Price On Request

Mumbai South, Mumbai

Puravankara Miami Price On Request

Mumbai South, Mumbai

Mahindra BeaconHill ₹ 6.3 Cr - ₹ 8.51 Cr

Mumbai South, Mumbai

Raymond The Address By GS ₹ 3.25 Cr - ₹ 10.38 Cr

Mumbai South, Mumbai

Lodha Promina Price On Request

Mumbai South, Mumbai

Lodha Worli Price On Request

Mumbai South, Mumbai

Sattva Sumera ₹ 3.5 Cr - ₹ 6.5 Cr

Mumbai South, Mumbai

Runwal Malabar ₹ 33 Cr - ₹ 69.58 Cr

Mumbai South, Mumbai

K Raheja Sobo Residences Price On Request

Mumbai South, Mumbai

New Launch

Under Construction

Ready to Move

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Aasma Necklace View, Bhuleshwar	96,450	-2.3
Shreepati Aradhana, Bhuleshwar	50,800	16.4
Rohan Lifescapes Kshitij, Bhuleshwar	50,600	-1.1
Rohan Lifescapes Kshitij Heights, Bhuleshwar	50,600	-1.1
Al Sadah Tower, Bhuleshwar	47,150	44.9
Buildwell Chandan Signature, Bhuleshwar	39,600	21.8
Parth Sidhesh Villa, Bhuleshwar	38,150	-0.3
Sarswati Building, Bhuleshwar	38,050	-0.6
Citymaker Aman Griha, Bhuleshwar	35,000	7.5
Dosti Building, Bhuleshwar	34,400	-14.1

Premium residential developments in Bhuleshwar are setting high-value benchmarks in the local market. Aasma Necklace View leads with listing rates of ₹96,450 per sq ft, while Shreepati Aradhana follows at ₹50,800 per sq ft, showing a notable 16.44% increase. Other significant projects like Rohan Lifescapes Kshitij and Al Sadah Tower are priced at ₹50,600 and ₹47,150 per sq ft respectively.

Top Developers by Transaction Count

By Transaction

Developer	Transactions
Rapid Construction	1
Rr Group Dubai	1

The development landscape in Bhuleshwar is anchored by key players who have driven recent market activity. Rapid Construction and RR Group Dubai have emerged as the primary developers, each contributing to the area's residential supply and transaction volume.

Government Registrations

Government Registration in Bhuleshwar, Mumbai

Official registration data for the period between November 2025 and October 2026 shows 213 transactions in Bhuleshwar, totaling a gross value of ₹202 Cr. The registered rate during this timeframe averaged ₹23,250 per sq ft. Market activity was driven by key developers such as Rapid Construction and RR Group Dubai, reflecting a stable and active transaction environment.

Sales Transactions 213

Gross Sales Value ₹ 202 Cr

Registered Rate ₹ 23,250/Sq.Ft

Recent Registered Transactions

Recent Registered Transactions in Bhuleshwar

Recent registration data highlights a steady market with 213 transactions recorded, amounting to a total gross value of ₹202 Cr. This activity confirms consistent buyer engagement across the Bhuleshwar residential sector.

Date	Floor/Unit	Tower/Wing	Area
2026-08-03	Floor 35, Unit 3507	N/A	620 Sq.Ft.
2026-07-31	Floor 19, Unit 1902	N/A	440 Sq.Ft.
2026-06-27	Floor 4, Unit 401	N/A	276 Sq.Ft.
2026-06-17	Floor 4, Unit 401	N/A	840 Sq.Ft.
2026-06-16	Floor 6, Unit 601	N/A	331 Sq.Ft.
2026-06-11	Floor 15, Unit 1553	B	420 Sq.Ft.
2026-06-11	Floor 33, Unit 3304	N/A	717 Sq.Ft.
2026-06-11	Floor 7, Unit 704	N/A	384 Sq.Ft.
2026-06-11	Floor 16, Unit 1651	N/A	460 Sq.Ft.
2026-06-11	Floor 33, Unit 3303	N/A	735 Sq.Ft.

Rental Trends

Rental Trends and Average Rent in Bhuleshwar, Mumbai

The rental market for 2 BHK residential apartments in Bhuleshwar is well-established, with units commanding an average monthly rent of ₹78,350. Rental rates across nearby areas show significant variety, with Gamdevi commanding the highest at ₹250 per sq ft. Other locations like Marine Drive, Marine Lines, and Grant Road maintain a consistent rate of ₹200 per sq ft, while Byculla West has seen a robust increase of 9.94%.

Bhuleshwar Rent Comparison

By Unit Type
By Location

Unit Type	Rate (₹)
2 Bhk	78,350

The rental market for 2 BHK residential apartments in Bhuleshwar is well-established, with units commanding an average monthly rent of ₹78,350.

Locality	Rate (₹/Sq.Ft)	Change %
Girgaon	150	-4.7
Marine Drive	200	-1.3
Marine Lines	200	-1.4
Shapur Baug	100	-
Grant Road	200	1.6
Nagpada	200	-
Mazgaon	100	-3.4
Gamdevi	250	-5.4
Babulnath	200	-16.8
Byculla West	200	9.9

Rental rates across nearby areas show significant variety, with Gamdevi commanding the highest at ₹250 per sq ft. Other locations like Marine Drive, Marine Lines, and Grant Road maintain a consistent rate of ₹200 per sq ft, while Byculla West has seen a robust increase of 9.94%.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Bhuleshwar, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,200 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Govt Registration Rate ₹ 21,600 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Bhuleshwar, Mumbai

Bhuleshwar, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Bhuleshwar, Mumbai

What is the current average asking price in Bhuleshwar as of September 2026?

As of September 2026, the average asking price in Bhuleshwar stands at ₹40,950 per sq ft. This reflects a dynamic market trajectory, with prices moving from ₹40,300 per sq ft in June 2026 to the current level. This upward movement in the most recent quarter suggests a resilient demand environment within this specific micromarket.

How does the average asking price in Bhuleshwar compare to the Government Registration Rate?

The average asking price in Bhuleshwar is currently ₹40,950 per sq ft, which sits notably higher than the Government Registration Rate of ₹23,250 per sq ft. This registration data, covering the period from November 2025 to October 2026, reflects a total of 213 transactions with a gross value of ₹202 Cr. Discrepancies between market asking prices and registration rates are common in established urban pockets and often reflect the premium placed on specific amenities, project quality, and location advantages.

How do property prices in Bhuleshwar vary by project status?

Property prices in Bhuleshwar vary significantly based on the stage of development as of September 2026. Ready To Move properties are priced at ₹32,550 per sq ft, having depreciated by 9.83% compared to the previous period. Under Construction projects are currently priced at ₹35,250 per sq ft, showing a 2.46% depreciation, while New Launch projects stand at ₹29,950 per sq ft, reflecting a 5.43% depreciation. Additionally, Well Occupied properties are at ₹26,800 per sq ft, which has seen a depreciation of 18.54% over the same comparison timeframe.

Which projects in Bhuleshwar currently command the highest listing rates?

As of September 2026, Aasma Necklace View leads the market in Bhuleshwar with a listing rate of ₹96,450 per sq ft, despite a 2.26% depreciation compared to the previous period. Other premium projects include Shreepati Aradhana at ₹50,800 per sq ft, which has appreciated by 16.44%, and both Rohan Lifescapes Kshitij and Rohan Lifescapes Kshitij Heights, which are priced at ₹50,600 per sq ft, showing a depreciation of 1.1% and 1.11% respectively. These rates highlight the premium positioning of specific high-end developments within the locality.

What are the rental trends for 2 BHK apartments in Bhuleshwar?

As of September 2026, 2 BHK apartments in Bhuleshwar command an average monthly rent of ₹78,350. This figure provides a clear benchmark for tenants and investors looking at the residential apartment segment in the area. While this represents the average for 2 BHK units, prospective renters should note that actual rental values can fluctuate based on the specific building's age, amenities, and exact proximity to key transit hubs.

How do rental rates compare across different neighbourhoods near Bhuleshwar?

Rental rates in the vicinity of Bhuleshwar vary significantly, with Gamdevi currently commanding the highest rate at ₹250 per sq ft, despite a 5.37% depreciation. Other areas like Marine Drive, Marine Lines, Grant Road, Nagpada, Babulnath, and Byculla West all maintain an average rental rate of ₹200 per sq ft. Among these, Byculla West has shown strong growth, appreciating by 9.94%, while Babulnath experienced a 16.8% depreciation. Mazgaon and Girgaon offer more accessible options at ₹100 per sq ft and ₹150 per sq ft respectively, with both areas seeing rental depreciation of 3.42% and 4.67% respectively over the recent period.

How should investors interpret the property price trends in Bhuleshwar?

Investors should view the recent price trends in Bhuleshwar as an indicator of a shifting market. The micromarket rate rose from ₹40,300 per sq ft in June 2026 to ₹40,950 per sq ft in September 2026, signaling a positive momentum after a period of stability where prices held at ₹46,350 per sq ft from December 2025 through March 2026. This recent uptick suggests that demand is firming up, though investors should balance this against the varying performance of different project statuses, such as the depreciation seen in Ready To Move and Under Construction segments.

What does the transaction activity of developers like Rapid Construction and RR Group Dubai signal for Bhuleshwar?

The presence of developers like Rapid Construction and RR Group Dubai, each recording transactions in the area, highlights the active participation of these firms in the Bhuleshwar real estate market. While transaction volumes for these specific developers are currently at a foundational level of 1 transaction each, their activity contributes to the overall market liquidity. For buyers, tracking developer-specific transaction activity is a useful way to gauge which brands are successfully closing deals and maintaining a presence in this competitive South Mumbai pocket.