Property Rates in Grant Road, Mumbai

Property prices in Grant Road, Mumbai have shown a consistent upward trend over the past year. From ₹44,485 per sq ft in Jun 2025, the average location rate increased to ₹55,703 per sq ft by Mar 2026, marking a substantial rise. The micromarket rate also saw an increase, moving from ₹28,731 per sq ft in Jun 2025 to ₹46,372 per sq ft in Mar 2026, suggesting broad-based price appreciation across the locality.

As of Mar 2026, the average asking price in Grant Road, Mumbai stands at ₹55,703 per sq ft, while the Government Registration Rate is ₹26,835 per sq ft. This indicates a substantial difference, with asking prices being more than double the registered rates. This gap might suggest that while sellers are pricing properties higher, actual transaction values might be closer to registration rates, or it could reflect a premium market segment.

Property rates vary significantly across micromarkets near Grant Road, Mumbai. As of Mar 2026, Altamount Road shows the highest average rate at ₹1.31 Lakh per sq ft, having appreciated by 57.16% since Dec 2025. Girgaon also commands a high average rate of ₹1.16 Lakh per sq ft, with a remarkable 160.3% appreciation. In contrast, Kamathipura has a much lower average rate of ₹31,051 per sq ft, experiencing a depreciation of 32.01% from Dec 2025. Tardeo and Gamdevi also show higher-than-average rates at ₹73,967 and ₹84,029 per sq ft respectively.

As of Mar 2026, the average price for apartments in Grant Road, Mumbai is ₹55,703 per sq ft. This figure has appreciated by 16.55% from Dec 2025, indicating a strong upward movement in apartment prices within the locality.

In Grant Road, Mumbai, Ready To Move properties had an average price of ₹36,690 per sq ft as of Mar 2026, showing a depreciation of 9.87% from the previous period. Properties marked as 'Well Occupied' averaged ₹39,053 per sq ft, also depreciating by 9.47%. Projects 'On Hold' were priced at ₹31,408 per sq ft, with a depreciation of 8.98%. This suggests that while the overall market is appreciating, these specific statuses have seen price corrections.

As of Mar 2026, several projects in Grant Road, Mumbai have recorded significant transaction activity. Krypton Crown, Navyug Mansion, and Siddhesh Jyoti Tower each recorded 2 transactions. Krypton Crown and Navyug Mansion are priced at ₹47,358 and ₹47,316 per sq ft respectively, with Navyug Mansion appreciating by 7.65%. Siddhesh Jyoti Tower is priced at ₹46,517 per sq ft and has appreciated by 13.04%.

As of Mar 2026, Krypton Crown leads in terms of property value in Grant Road, Mumbai, with a current rate of ₹47,358 per sq ft and a sale value of ₹4.28 Cr. Following closely are Navyug Mansion at ₹47,316 per sq ft (₹3.27 Cr) and Siddhesh Jyoti Tower at ₹46,517 per sq ft (₹2.4 Cr). Navyug Mansion has seen a 7.65% appreciation, while Siddhesh Jyoti Tower has appreciated by 13.04%.

As of Mar 2026, Shreepati Arcade in Grant Road, Mumbai, has the highest listing rate at ₹73,529 per sq ft. Other projects with high listing rates include Shastri Hall at ₹71,428 per sq ft and Wadhwa Wallace Apartment at ₹62,047 per sq ft. Orbit Heights Tardeo shows a notable appreciation of 26.69% with a listing rate of ₹61,937 per sq ft.

Krypton Creation is the developer with the highest number of transactions in Grant Road, Mumbai, recording 2 transactions. Other developers with one transaction each include Valencia Group, Shri Nakoda Enterprises, and Anahita Rusi Mehta. Krypton Creation's projects are priced around ₹47,358 per sq ft.

As of Mar 2026, the average rental rate in Grant Road, Mumbai is ₹182 per sq ft. The area offers a rental yield of 3.92%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value.

Rental rates in micromarkets near Grant Road, Mumbai show considerable variation. Altamount Road has the highest average rental rate at ₹208 per sq ft, followed by Tardeo at ₹202 per sq ft, which has appreciated by 10.99%. Kemps Corner also shows a strong rental rate of ₹189 per sq ft, with a significant appreciation of 21.15%. In contrast, Kamathipura offers lower rental rates at ₹152 per sq ft, and Dalal Estate is at ₹150 per sq ft.

In Grant Road, Mumbai, the average rental rate for a 2 BHK apartment is ₹1.14 Lakh per month. For larger families or those seeking more space, a 3 BHK apartment commands a higher average rental rate of ₹2.4 Lakh per month. These figures reflect the demand for different unit sizes in the rental market.

As of Mar 2026, Shankar Sheth Apartment in Grant Road, Mumbai, leads with the highest rental rate at ₹189 per sq ft. Valencia Tower Grant Road follows closely at ₹188 per sq ft, and Kamar CHS is listed at ₹181 per sq ft. These projects represent the premium segment of the rental market in the locality.