Property Rates in Kamathipura, Mumbai 2026

The average asking price in Kamathipura of ₹41,150 per sq ft as of June 2026 is significantly higher than the Government Registration Rate of ₹12,850 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in established urban pockets, where property values are influenced by premium location factors and development quality rather than just base registration benchmarks recorded between September 2025 and August 2026.

Property rates in Kamathipura have shown a downward trend in the most recent quarter, moving from ₹46,350 per sq ft in March 2026 to ₹41,150 per sq ft in June 2026. Prior to this, the market remained relatively stable, holding at ₹46,350 per sq ft from December 2025 to March 2026, following a slight increase from ₹46,200 per sq ft in September 2025. This trajectory suggests a period of price correction or adjustment in the current market environment.

As of June 2026, Ready to Move properties in Kamathipura command an average price of ₹32,000 per sq ft, having appreciated by 1.31% compared to the previous period. In contrast, Under Construction projects are priced at an average of ₹30,350 per sq ft, which has seen a minor depreciation of 0.34% over the same timeframe. This pricing structure reflects the premium typically associated with immediate possession versus the risk-adjusted costs of ongoing developments.

As of June 2026, premium projects in Kamathipura include Anahita Rusi Mehta Towers and Navjivan Society, both listing at ₹38,450 per sq ft, with appreciation rates of 13.86% and 14.07% respectively since the prior period. Other notable projects include Ornate Sugra at ₹38,300 per sq ft (up 13.88%) and Orchid Apartment at ₹34,550 per sq ft (up 10.03%). These projects represent the higher end of the local market, with many showing strong appreciation, signaling sustained demand for quality residential stock in the area.

The average rental rate in Kamathipura is ₹152 per sq ft as of June 2026, a figure that has remained stable with 0% change compared to the previous period. For those looking at specific property types, apartments in the area currently command an average rental rate of ₹150 per sq ft, which has seen a marginal appreciation of 0.66% over the same period, indicating a steady rental market for residential units.

For tenants seeking larger configurations, 4 BHK apartments in Kamathipura are available at an average rate of ₹3.46 Lakh per month as of June 2026. This high-end rental segment caters to premium housing demand in the locality, providing a benchmark for investors and tenants evaluating the cost of luxury living space in this part of Mumbai South.

Rental rates vary significantly across the vicinity of Kamathipura as of June 2026. Gamdevi commands the highest rate at ₹250 per sq ft, having seen a notable appreciation of 31.82%. Other areas like Nagpada, Grant Road, Agripada, and Tardeo all maintain a rental rate of ₹200 per sq ft, with varying degrees of growth, such as Agripada's significant 29.63% increase. Conversely, areas like Mazgaon and Byculla offer more accessible rental points at ₹100 and ₹150 per sq ft respectively, providing diverse options for different tenant profiles.

Investors should view the Kamathipura market as a dynamic environment where, as of June 2026, the average asking price of ₹41,150 per sq ft is currently undergoing a correction from the ₹46,350 per sq ft levels seen in early 2026. By comparing the Ready to Move price of ₹32,000 per sq ft with the Under Construction price of ₹30,350 per sq ft, investors can assess the risk-reward profile of their capital allocation. Additionally, monitoring the rental yield potential through the average rental rate of ₹152 per sq ft helps in gauging the income-generating capacity of properties in this locality relative to their purchase price.