Property Rates in Byculla, Mumbai

Property prices in Byculla, Mumbai, have shown a downward trend over the past year. From June 2025 to March 2026, the average location rate decreased from ₹46,271 to ₹44,040 per sq ft, a decline of approximately 4.8%. The micromarket rate also saw fluctuations, starting at ₹19,525 in June 2025 and reaching ₹37,242 by March 2026, though it experienced a significant drop from ₹45,171 in December 2025.

Property rates in Byculla, Mumbai, show considerable variation across its micromarkets as of March 2026. Byculla West has the highest average rate at ₹43,140 per sq ft, appreciating by 0.22%. In contrast, Byculla East has seen a significant depreciation of 14.86%, with an average rate of ₹35,250 per sq ft. Other micromarkets like Jacob Circle are at ₹44,040 per sq ft, while Nagpada is at ₹35,110 per sq ft, which has appreciated by 3.26%.

As of March 2026, the average price for apartments in Byculla, Mumbai, is ₹44,040 per sq ft. This reflects a depreciation of 2.5% compared to the previous period. This segment is the primary property type for which data is available in Byculla, indicating a slight softening in the apartment market.

In Byculla, Mumbai, as of March 2026, property prices vary significantly by construction status. 'Partially Ready To Move' properties command the highest average price at ₹54,669 per sq ft, despite a recent depreciation of 2.68%. 'Under Construction' properties are priced at ₹38,283 per sq ft, showing a marginal depreciation of 0.15%. 'Ready To Move' properties are priced lower at ₹33,461 per sq ft, having depreciated by 9.74%.

Piramal Aranya in Byculla East, Mumbai, leads in transaction activity with 5 transactions as of March 2026, maintaining a rate of ₹51,195 per sq ft. Peninsula Salsette 27 and Marathon Monte South, both located in Byculla, follow with 4 transactions each. Marathon Monte South has seen a slight appreciation of 2.47% to ₹44,337 per sq ft, while Peninsula Salsette 27 is priced at ₹59,199 per sq ft.

Marathon Monte South in Byculla West, Mumbai, leads in total transaction value, with its properties valued at ₹29.61 Cr and an average rate of ₹44,337 per sq ft, showing a 2.47% appreciation. Piramal Aranya in Byculla East follows with a total value of ₹23.13 Cr at ₹51,195 per sq ft. Peninsula Salsette 27 ranks third with a value of ₹17.25 Cr at ₹59,199 per sq ft.

Piramal Realty has the highest number of transactions in Byculla, Mumbai, with 5 recorded deals as of March 2026. Peninsula Land and MCB Developers are tied for second place with 4 transactions each. Marathon and Vardhman Group Mumbai also show significant activity, with 4 and 3 transactions respectively, indicating strong developer presence and buyer interest in their projects.

The average rental rate in Byculla, Mumbai, is ₹178 per sq ft as of March 2026, with apartments averaging ₹178 per sq ft and appreciating by 4.71%. The area offers a rental yield of 4.85%. This yield suggests that rental income can provide a moderate return on investment relative to property values in the locality.

In Byculla, Mumbai, rental rates vary significantly by BHK configuration as of March 2026. A 1 BHK apartment typically rents for ₹44,861 per month. For larger units, a 2 BHK averages ₹1.33 Lakh per month, a 3 BHK commands ₹1.95 Lakh per month, and a 4 BHK can be rented for approximately ₹2.24 Lakh per month, reflecting increasing demand for larger spaces.

Rental rates in Byculla, Mumbai, differ across its micromarkets as of March 2026. Arthur Rd shows the highest average rental rate at ₹225 per sq ft. Jacob Circle follows at ₹204 per sq ft, and Dhaku Prabhuchi Wadi is at ₹166 per sq ft. In contrast, areas like Mazgaon offer lower average rents at ₹117 per sq ft, which has appreciated by 5.41%, and Tadwadi at ₹115 per sq ft.

Piramal Aranya Wing B leads in rental rates within Byculla, Mumbai, with a current rental rate of ₹231 per sq ft as of March 2026. Piramal Aranya Ahan and Piramal Aranya Arav follow, with rental rates of ₹200 per sq ft and ₹195 per sq ft respectively. Piramal Aranya Arav has seen an appreciation of 11.43% in its rental rate, indicating strong rental demand for premium properties in the area.

The average asking price in Byculla, Mumbai, is ₹44,040 per sq ft as of March 2026, which is significantly higher than the government registration rate of ₹23,984 per sq ft. This substantial difference of over ₹20,000 per sq ft suggests a considerable premium being asked in the market compared to the officially registered property values.

The Byculla, Mumbai property market shows mixed signals. While projects like Piramal Aranya and Marathon Monte South demonstrate high transaction activity and value, indicating sustained demand, the overall average asking price has depreciated by 2.5% as of March 2026. Top projects by listing rates, such as Peninsula Salsette 27 at ₹59,765 per sq ft, suggest the presence of premium inventory, though some of these have seen price reductions.