Property Rates in Gamdevi, Mumbai

In Gamdevi, apartments are the predominant property type, with an average price of ₹84,029 per sq ft, showing a slight increase of 0.2%. This indicates a stable and growing demand for residential apartments within the locality.

Gamdevi's real estate market presents options across various development stages. Ready To Move properties, comprising 16 units, average ₹59,733 per sq ft with a 0.13% increase, appealing to buyers seeking immediate occupancy. Under Construction projects, numbering 1 unit, are priced higher at ₹88,988 per sq ft, reflecting a 14.66% rise and indicating potential for future appreciation.

Gamdevi's property values vary across its neighboring areas, with some locations commanding significant premiums. Altamount Road stands out with an average rate of ₹1.31 Lakh per sq ft, a notable 57.16% increase. Malabar Hill also shows strong performance at ₹95,681 per sq ft, up 24.66%. Meanwhile, Grant Road offers a more accessible entry point at ₹55,703 per sq ft, despite a substantial 21% rise. Girgaon presents a significant opportunity with an average rate of ₹1.16 Lakh per sq ft, reflecting a remarkable 160.3% surge.

Among top rental projects in Gamdevi, Sumer Saraswati stands out with a current rental rate of ₹222 per sq ft. Devtaru The Island follows at ₹209 per sq ft, while Rohan Shiv Tapi is available at ₹135 per sq ft, indicating a range of rental options within premium developments.

The rental market in Gamdevi shows distinct pricing across different BHK configurations. Two-bedroom apartments, typically in residential buildings, average ₹1.31 Lakh per month, while three-bedroom apartments command a higher rate of ₹3.41 Lakh per month.

Rental rates across Gamdevi's micro-locations show varied performance. Altamount Road leads with an average rental rate of ₹208 per sq ft, followed closely by Tardeo at ₹202 per sq ft. Kemps Corner also shows strong rental demand at ₹189 per sq ft, with a notable 21.15% year-on-year increase.