Charni Road Property Rates — ₹81,650/sq ft

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Property rates in Charni Road average ₹81,650 per sq ft. This established South Mumbai micromarket continues to demonstrate significant growth, with apartment values rising by 23.87%. The area features a mix of ready-to-move projects that cater to those seeking immediate possession, while its strategic proximity to premium hubs like Altamount Road and Walkeshwar ensures it remains a sought-after destination for investors and residents alike looking for value in a prime location.

Insights

Insights for Charni Road, Mumbai Real Estate Market Overview

Charni Road presents a robust real estate landscape characterized by steady price appreciation and a diverse range of residential options. The market is currently driven by a strong demand for apartments, with recent data highlighting a notable 23.87% increase in average rates. Rental activity also remains dynamic across nearby localities, with premium rates observed in areas like Gamdevi and Babulnath. The supply side is supported by several projects that offer immediate move-in readiness for prospective buyers.

Apartment rates in Charni Road have climbed to an average of ₹81,650 per sq ft.
Ready-to-move properties provide immediate occupancy options at an average rate of ₹37,350 per sq ft.
Rental rates in Babulnath have seen a significant surge, showing a 63.4% increase.
Premium rental demand is evident in Gamdevi, where rates have risen by 31.82%.
The micromarket maintains a diverse rental profile with rates ranging from ₹150 to ₹250 per sq ft across surrounding neighborhoods.

Market Strengths

Strong capital appreciation of 23.87% for apartments in Charni Road.
Significant rental growth of 63.4% in the Babulnath area.
High-demand rental segment in Gamdevi with a 31.82% increase in rates.
Ready-to-move project availability provides immediate value for end-users.
Consistent and high rental rates in prime areas like Walkeshwar and Gamdevi at ₹250 per sq ft.
Diverse price range across surrounding localities offers flexibility for various investment budgets.

Market Challenges

Kemps Corner has experienced a sharp price correction of -31.13%.
Walkeshwar property rates have seen a decline of -15.37%.
Rental rates in Girgaum Chowpatty have softened by -10.92%.
Girgaon rental rates have dipped by -4.46%.

Investment Opportunities

Capitalize on the 23.87% growth trend seen in local apartment prices.
Target rental opportunities in Babulnath, which recorded a high 63.4% annual rental growth.
Explore premium rental properties in Gamdevi, where rates have increased by 31.82%.
Consider the entry-level pricing in Grant Road at ₹55,700 per sq ft for long-term appreciation potential.
Leverage the steady rental demand in Walkeshwar, which maintains a consistent average rate of ₹250 per sq ft.

Price Trend

Charni Road, Mumbai Property Price Trends and Appreciation

As of September 2025, property rates in Charni Road have reached ₹81,650 per sq ft. This trend underscores the steady demand for residential assets in this well-connected South Mumbai locality.

Asking Price Trends

₹ 81,650/Sq.Ft

Sep 2025 — Jun 2026

Quarter	City Rate
Jun 2026	0
Mar 2026	0
Dec 2025	0
Sep 2025	81650

About Asking Price Trends

Charni Road Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Girgaon	1,15,900	49.2
Gamdevi	84,050	0.2
Grant Road	55,700	16.6
Marine Lines	99,900	-0.6
Walkeshwar	95,000	-15.4
Altamount Road	1,31,100	38.6
Malabar Hill	95,700	3.6
Kemps Corner	55,650	-31.1
Gowalia Tank	75,750	2.5
Tardeo	73,950	-1.4

The surrounding real estate landscape shows significant variation in pricing. Altamount Road commands a premium at ₹1.31 Lakh per sq ft, while Marine Lines and Walkeshwar hover near the ₹95,000 to ₹99,900 per sq ft range. Meanwhile, Grant Road and Kemps Corner offer more accessible entry points at approximately ₹55,650 to ₹55,700 per sq ft, providing a range of options for investors at different price points.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	81,650	23.9

Charni Road's real estate market is primarily defined by its apartment segment, which averages ₹81,650 per sq ft. This category has experienced a robust 23.87% growth, signaling strong buyer confidence in the area's residential assets.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	7	37,350	12.4

The market offers immediate occupancy through its ready-to-move inventory, which consists of 7 units. These properties are currently priced at an average of ₹37,350 per sq ft, reflecting a 12.37% increase in value and providing a reliable option for buyers looking to settle in quickly.

Project & Developer Insights

Top Residential Projects and Developers in Charni Road

Godrej Trilogy ₹ 18.88 Cr - ₹ 29.95 Cr

Mumbai South, Mumbai

LnT Island Cove ₹ 3.40 Cr - ₹ 6.34 Cr

Mumbai South, Mumbai

JP Codename Matunga Origins ₹ 2.93 Cr - ₹ 4.23 Cr

Mumbai South, Mumbai

Piramal Mahalaxmi ₹ 5.45 Cr - ₹ 14.03 Cr

Mumbai South, Mumbai

Runwal Timeless ₹ 1.59 Cr - ₹ 3.5 Cr

Mumbai South, Mumbai

Kalpataru Azuro ₹ 45 Cr - ₹ 71.98 Cr

Mumbai South, Mumbai

Lodha Malabar Price On Request

Mumbai South, Mumbai

Lodha Sea Face Price On Request

Mumbai South, Mumbai

Prestige Ocean Towers ₹ 30.69 Cr - ₹ 59.84 Cr

Mumbai South, Mumbai

Godrej Carmichael ₹ 87.92 Cr - ₹ 87.92 Cr

Mumbai South, Mumbai

New Launch

Under Construction

Ready to Move

Darshan Properties ₹ 4.50 Cr - ₹ 5.53 Cr

11 Projects

Neo ₹ 84.98 L - ₹ 3.55 Cr

5 Projects

Sanghvi Parsssva ₹ 1.24 Cr - ₹ 6.54 Cr

4 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Natu Mankar House, Charni Road	39,000	15.4
Sanghvi Parsssva Excellensea, Charni Road	38,800	14.8
Neo Heights, Charni Road	38,300	17.5
Darshan Heights, Charni Road	38,300	12.4
Matru Ashis Apartment, Charni Road	38,300	15.1
Neo Galaxy, Charni Road	34,750	6.8
Neo Pearl, Charni Road	34,050	4.7

Premium residential projects in Charni Road are setting high value benchmarks. Natu Mankar House leads with a rate of ₹39,000 per sq ft, reflecting a 15.43% increase. Sanghvi Parsssva Excellensea and Neo Heights follow closely at ₹38,800 and ₹38,300 per sq ft respectively, both showing strong growth trends that highlight the desirability of these developments.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,550 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,900 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Charni Road, Mumbai

Mumbai South

Avg. Asking Price ₹ 46,350 /Sq.Ft

Govt Registration Rate ₹ 29,950 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 37,250 /Sq.Ft

Govt Registration Rate ₹ 21,550 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 34,900 /Sq.Ft

Govt Registration Rate ₹ 21,350 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 33,000 /Sq.Ft

Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Charni Road, Mumbai

Charni Road, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Charni Road, Mumbai

What is the average asking price in Charni Road as of June 2026?

The average asking price in Charni Road is ₹81,650 per sq ft as of June 2026. This rate has remained stable with a 0% change, reflecting a consistent market valuation for residential apartments in this locality during the observed period.

How do property prices in Charni Road compare to nearby neighbourhoods?

Property prices in Charni Road vary significantly compared to surrounding areas in South Mumbai. For instance, Altamount Road commands a premium at ₹1.31 Lakh per sq ft, having appreciated by 38.64% from June 2025 to June 2026, while Grant Road remains more accessible at ₹55,700 per sq ft, which has appreciated by 16.55% over the same period. Other notable nearby rates include Marine Lines at ₹99,900 per sq ft (depreciated by 0.57%) and Gamdevi at ₹84,050 per sq ft (appreciated by 0.2%).

What is the current price trend for ready-to-move properties in Charni Road?

Ready-to-move properties in Charni Road are currently priced at an average of ₹37,350 per sq ft as of June 2026. This segment has shown positive growth, having appreciated by 12.37% from June 2025 to June 2026, indicating a steady demand for immediate-possession homes in the locality.

Which residential projects in Charni Road have the highest listing rates?

As of June 2026, several projects in Charni Road stand out for their premium listing rates. Natu Mankar House leads with a rate of ₹39,000 per sq ft (up 15.43% from June 2025), followed by Sanghvi Parsssva Excellensea at ₹38,800 per sq ft (up 14.8%). Other notable projects include Neo Heights, Darshan Heights, and Matru Ashis Apartment, all currently listed at ₹38,300 per sq ft, reflecting appreciation rates of 17.46%, 12.38%, and 15.05% respectively over the same annual period.

How does the rental market perform across different areas near Charni Road?

Rental rates in the vicinity of Charni Road show a diverse range of values as of June 2026. Premium areas like Gamdevi, Babulnath, and Walkeshwar command the highest rents at ₹250 per sq ft, with Babulnath showing significant growth, having appreciated by 63.4% from June 2025 to June 2026. Conversely, areas like Girgaon, Girgaum Chowpatty, Kamathipura, and Dalal Estate offer more moderate rental options at ₹150 per sq ft, though Girgaum Chowpatty has seen a depreciation of 10.92% over the same timeframe.

What should investors know about rental trends in the Charni Road region?

Investors looking at the Charni Road region should note that rental rates are highly localized, with significant variations in growth. While Babulnath has seen a sharp appreciation of 63.4% and Gamdevi has risen by 31.82% from June 2025 to June 2026, other areas like Girgaon have experienced a rental depreciation of 4.46%. Understanding these specific neighbourhood trends is essential for estimating potential rental income, as the broader locality's rental performance is driven by the specific lifestyle and connectivity advantages of each micro-pocket.