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Property Rates in Gulmohar Road, Mumbai
Comprehensive Market Snapshot
Gulmohar Road in Mumbai presents a dynamic real estate market with an average asking price of ₹57,881 per sq ft for apartments. While registration rates are currently not specified, the property market shows a slight upward trend in asking prices over the past few quarters. The rental market in Gulmohar Road is active, with an average rental rate of ₹132 per sq ft across various property types. Notable sub-locations like Juhu command higher rental rates, indicating varied demand across the area. While specific top projects and developer data are not detailed here, the overall market offers a blend of established and developing areas for property investment.
- Asking Sale Price₹ 57,881 /sq.ft
Insights for Gulmohar Road, Mumbai Real Estate Market
The Gulmohar Road real estate market is currently priced at an average of ₹57,881 per sq ft for apartments, reflecting a steady demand. Price trends indicate a consistent, albeit modest, increase over the past few quarters, with the latest quarter showing a slight uptick. The rental landscape is diverse, with an average rental rate of ₹132 per sq ft across Gulmohar Road. Sub-localities like Juhu stand out with higher rental averages, while others such as Gulmohar Colony show significant year-on-year decreases. The market also sees varied performance in nearby areas, with Juhu experiencing a 3.62% increase and Vile Parle West seeing a substantial 13.18% rise in property rates, suggesting broader regional market influences. Property types in Gulmohar Road, particularly apartments, have seen a marginal increase of 0.27% in their average prices.
Property Valuation Comprehensive assessment of your property's current worth in the current market
Property Price Trends in Gulmohar Road, Mumbai
The asking price for properties in Gulmohar Road has seen a gradual increase over the recent quarters. Starting from ₹56,985 per sq ft in June 2025, the rates have climbed to ₹57,881 per sq ft by March 2026. This upward movement, though modest, suggests a strengthening property market.
Apartments in Gulmohar Road are the primary property type analyzed, with an average price of ₹57,881 per sq ft. This segment has experienced a slight positive change of 0.27%, indicating stable demand and value appreciation for residential apartments in the area.
Gulmohar Road's property values are influenced by its neighboring locales. Juhu commands the highest average rate at ₹61,083 per sq ft, showcasing a premium segment. Meanwhile, Vile Parle West offers a more accessible entry point at ₹49,886 per sq ft, with notable growth. Other areas like Ambivali and Juhu Road present different price points, with rates around ₹40,060 and ₹45,398 per sq ft respectively, indicating a diverse range of investment opportunities across the vicinity.
