Property Rates in Kalbadevi, Mumbai

Kalbadevi's real estate market primarily caters to the residential segment, with apartments being the predominant property type available. These apartment units are currently priced at an average of ₹42,419 per sq ft. This segment has shown a positive change of 5.36%, indicating a healthy demand and appreciation for residential properties in the area.

The Kalbadevi market offers properties across various development stages, providing options for different buyer timelines. Ready To Move properties constitute the largest share with 68 units, averaging ₹35,451 per sq ft, though experiencing a -7.41% change. Well Occupied units, numbering 19, are priced similarly at ₹35,795 per sq ft, with a -8.62% change. Meanwhile, Under Construction projects offer 6 units at an average of ₹37,083 per sq ft, showing a -13.34% change, indicating potential for negotiation or reflecting market adjustments.

Kalbadevi's average asking price of ₹42,419 per sq ft positions it competitively within its Mumbai surroundings. It closely aligns with areas like Thakurdwar, which averages ₹44,451 per sq ft, and Bhuleshwar at ₹42,007 per sq ft. While offering a more accessible entry point compared to premium locations such as Marine Lines and Girgaon, which command significantly higher rates of ₹1 Lakh and ₹1.16 Lakh per sq ft respectively, Kalbadevi maintains a higher valuation than Masjid Bunder at ₹27,576 per sq ft, reflecting its strategic appeal.