- Grant Road has demonstrated consistent quarterly growth in asking prices, reflecting a stable and appreciating market.
- The market features several high-value projects, attracting a discerning buyer base and contributing to premium property values.
- Robust government registration data, with 65 transactions totaling ₹111 Cr, indicates healthy transaction volumes.
- Established developers like Krypton Creation are actively involved, signaling confidence in the area's development potential.
- The strategic location within Mumbai provides inherent demand and connectivity advantages.
- Many neighboring areas, such as Gamdevi and Tardeo, command higher average rates, highlighting Grant Road's competitive positioning.
- Significant appreciation in some adjacent areas like Girgaon (160.3%) suggests a strong regional property market.
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Property Rates in Grant Road, Mumbai
Comprehensive Market Snapshot
The Grant Road real estate market in Mumbai showcases dynamic activity, with current asking prices averaging ₹51,036 per sq ft. Recent quarterly trends indicate a steady upward trajectory in property values, reflecting growing buyer confidence. Transaction volumes are robust, with 65 properties registered between April 2025 and March 2026, totaling ₹111 Cr in gross value. The market is predominantly driven by apartment sales, and despite some recent adjustments in property status segments, key projects like Krypton Crown and Navyug Mansion are attracting significant buyer interest, supported by active developers like Krypton Creation.
- Asking Sale Price₹ 51,036 /sq.ft
- Govt. Registration Prices₹ 26,835 /sq.ft
Insights for Grant Road, Mumbai Real Estate Market
Grant Road, Mumbai, presents a vibrant real estate landscape characterized by consistent price appreciation and significant transaction activity. The current asking price of ₹51,036 per sq ft has seen a notable increase over the past year, rising from ₹43,330 per sq ft in March 2025 to ₹47,793 per sq ft by December 2025, signaling a healthy growth trend. While asking prices show strength, the average registration rate stands at ₹26,835 per sq ft, indicating a gap between listed and transacted values. The market is primarily composed of apartments, which currently average ₹51,036 per sq ft and have experienced a 6.79% change. Ready To Move properties, though seeing a -10.67% adjustment, represent the largest segment with 27 units, priced around ₹36,364 per sq ft, appealing to immediate occupancy needs. Top projects like Shreepati Arcade and Shastri Hall command premium asking rates, while projects such as Krypton Crown and Navyug Mansion lead in transaction volumes. Government records highlight a robust period from April 2025 to March 2026, with 65 registered transactions amounting to ₹111 Cr, reflecting a solid underlying demand. Developers like Krypton Creation are actively contributing to this market, reinforcing its growth potential, even as some segments show minor price corrections.
- A notable gap exists between the average asking price (₹51,036 per sq ft) and the registered transaction rate (₹26,835 per sq ft).
- All listed property status categories (Ready To Move, Well Occupied, Project On Hold) have seen negative price changes.
- Some adjacent micro-markets like Kamathipura have experienced significant price depreciation (-32.01%).
- The market currently shows limited diversity in property types, with only apartments explicitly listed.
- The number of transactions for individual top projects and developers remains relatively low, indicating a less broad-based demand for specific developments.
- Consistent quarterly appreciation in asking prices suggests potential for capital gains.
- The presence of high-value projects indicates a market segment catering to luxury and premium investment.
- Strong government registration activity (65 transactions, ₹111 Cr) signals a liquid market for property sales.
- Neighboring areas like Girgaon and Altamount Road showing substantial appreciation could indicate spillover potential for Grant Road.
- Ready To Move apartments, despite recent price adjustments, offer immediate rental income potential for investors.
Property Price Trends in Grant Road, Mumbai
The asking price trends in Grant Road, Mumbai, reveal a consistent upward movement over the past year. Starting at ₹43,330 per sq ft in March 2025, the rates steadily climbed to ₹44,485 per sq ft by June 2025. This positive momentum continued, with prices reaching ₹46,034 per sq ft in September 2025 and further appreciating to ₹47,793 per sq ft by December 2025, underscoring a resilient and growing market.
The Grant Road property market in Mumbai is predominantly characterized by apartment offerings. These residential units currently average an asking price of ₹51,036 per sq ft. This segment has shown a positive change of 6.79%, indicating healthy demand and appreciation for apartments in the area.
Grant Road offers properties across various stages of development, catering to different buyer preferences. Ready To Move properties comprise the largest segment with 27 units, averaging ₹36,364 per sq ft, though experiencing a -10.67% change. Well Occupied properties, with 14 units, are priced at ₹39,053 per sq ft, showing a -9.47% adjustment. Additionally, one Project On Hold is available at ₹31,408 per sq ft, with a -8.98% change. This mix allows buyers to choose based on immediate occupancy needs versus potential future value.
Grant Road, with an average asking rate of ₹51,036 per sq ft, is strategically positioned within Mumbai's diverse real estate landscape. Nearby Altamount Road and Girgaon command significantly higher rates at ₹97,318 per sq ft and ₹1.16 Lakh per sq ft respectively, with Girgaon experiencing a remarkable 160.3% change. Gamdevi and Charni Road also feature premium pricing, averaging ₹84,029 per sq ft and ₹81,627 per sq ft. Conversely, Khetwadi and Dalal Estate offer more accessible options, priced around ₹44,304 per sq ft and ₹46,004 per sq ft. Kamathipura stands out with a lower average of ₹31,051 per sq ft, reflecting a significant -32.01% adjustment, providing diverse price points within the vicinity.
Project and Developer Insights
Premium residential developments in Grant Road are commanding significant asking prices, reflecting their desirable locations. Shreepati Arcade leads this segment, listed at ₹73,529 per sq ft, setting a high benchmark. Shastri Hall follows closely, with properties asking ₹71,428 per sq ft, while Wadhwa Wallace Apartment is available at ₹62,047 per sq ft. Orbit Heights Tardeo also stands out, with an average rate of ₹61,937 per sq ft, notably experiencing a 26.69% change. These projects represent the aspirational end of the market in Grant Road.
Premium residential developments in Grant Road are commanding significant asking prices, reflecting their desirable locations. Shreepati Arcade leads this segment, listed at ₹73,529 per sq ft, setting a high benchmark. Shastri Hall follows closely, with properties asking ₹71,428 per sq ft, while Wadhwa Wallace Apartment is available at ₹62,047 per sq ft. Orbit Heights Tardeo also stands out, with an average rate of ₹61,937 per sq ft, notably experiencing a 26.69% change. These projects represent the aspirational end of the market in Grant Road.
Government Registration in Grant Road, Mumbai
- Sales Transactions65
- Gross Sales Value₹ 111 Cr
- Registered Rate₹ 26,850 /sq.ft
Official registration data reveals robust transaction activity in Grant Road during the period of April 2025 to March 2026. The market recorded 65 transactions, amounting to a gross value of ₹111 Cr, with an average registered rate of ₹26,850 per sq ft. Developer activity was notably led by Krypton Creation, which accounted for 2 transactions. Project-wise, Krypton Crown, Navyug Mansion, and Siddhesh Jyoti Tower each saw 2 transactions, indicating strong buyer interest. Krypton Crown also generated the highest gross transaction value at ₹4.28 Cr, highlighting its significant contribution to market turnover.