Property Rates in Kalbadevi, Mumbai
Comprehensive Market Snapshot
Kalbadevi, Mumbai, presents a dynamic property market with a strong registration rate of ₹19,682 per sq ft, reflecting significant underlying transaction value. While the average asking price is not directly reported, the market sees active development across various property types, notably apartments averaging ₹42,419 per sq ft. The property status landscape is diverse, with Ready To Move units making up the largest share at 68 units, followed by Under Construction and Well Occupied properties. The rental market, though not reporting an overall average, shows localized opportunities, with areas like Marine Lines commanding ₹218 per sq ft.
- Govt. Registration Prices₹ 19,682 /sq.ft
Property Price Trends in Kalbadevi, Mumbai
Kalbadevi's property market is witnessing a positive trend in its location rates, which increased from ₹40,260 per sq ft in June 2025 to ₹42,419 per sq ft by September 2025. Meanwhile, micromarket rates experienced a slight adjustment, moving from ₹28,731 per sq ft to ₹28,223 per sq ft during the same period. This indicates a nuanced market dynamic where overall location values are climbing, while specific micromarket performance may vary.
In Kalbadevi, apartments are the dominant residential property type, with an average price of ₹42,419 per sq ft, showing a healthy 5.36% increase. This segment reflects the primary demand and investment focus within the locality, catering to a broad spectrum of buyers seeking residential accommodation.
Kalbadevi's property market offers a mix of development stages to suit buyer preferences. Ready To Move properties are the most abundant, with 68 units available at an average price of ₹35,451 per sq ft, though this segment has seen a recent decrease of 7.41%. Under Construction projects present 6 units priced at ₹37,083 per sq ft, experiencing a more significant decline of 13.34%. Well Occupied properties comprise 19 units with an average price of ₹35,795 per sq ft, also showing a decrease.
Kalbadevi's real estate landscape features a diverse range of property values across its micro-markets. Marine Lines stands out with an average rate of ₹99,887 per sq ft, a significant 71.21% increase, positioning it as a premium pocket. Girgaon also commands a high average rate of ₹1.16 Lakh per sq ft, experiencing a substantial 160.3% surge. Other notable areas include Thakurdwar at ₹44,451 per sq ft and Bhuleshwar at ₹42,007 per sq ft, indicating varied investment opportunities and price points within the broader Kalbadevi vicinity.
Project and Developer Insights
Premium residential developments in Kalbadevi are setting high benchmarks for asking prices. Among these, projects like Tawawala CHS in Lohar Chawl are priced at ₹41,801 per sq ft, and Mulji Jetha Building, also in Lohar Chawl, is listed at ₹41,694 per sq ft. Praman Heights in Fanas Wadi is available for ₹41,409 per sq ft, with Shreepati Aradhana in Fanas Wadi priced at ₹41,343 per sq ft. These projects represent the upper echelon of the Kalbadevi property market, attracting buyers looking for quality and location.
Premium residential developments in Kalbadevi are setting high benchmarks for asking prices. Among these, projects like Tawawala CHS in Lohar Chawl are priced at ₹41,801 per sq ft, and Mulji Jetha Building, also in Lohar Chawl, is listed at ₹41,694 per sq ft. Praman Heights in Fanas Wadi is available for ₹41,409 per sq ft, with Shreepati Aradhana in Fanas Wadi priced at ₹41,343 per sq ft. These projects represent the upper echelon of the Kalbadevi property market, attracting buyers looking for quality and location.
Government Registration in Kalbadevi, Mumbai
- Sales Transactions208
- Gross Sales Value₹ 251 Cr
- Registered Rate₹ 19,700 /sq.ft
Kalbadevi's property market recorded 208 transactions totaling ₹251 Cr between May 2025 and April 2026, with a registered rate of ₹19,700 per sq ft. This indicates a vibrant market activity with substantial transaction values.