Property rates in Kurla average ₹23,900 per sq ft. The market displays a dynamic landscape, with ready-to-move projects commanding a steady presence at ₹23,400 per sq ft. Investors are taking note of a healthy rental yield of 4.92%, supported by an average rental rate of ₹98 per sq ft. With diverse residential options ranging from compact studios to spacious apartments, the locality remains a vital hub within Mumbai's central suburbs.
Insights for Kurla, Mumbai Real Estate Market Overview
Kurla functions as a prominent residential and commercial node in Mumbai, characterized by a mix of established housing societies and modern developments. The market for apartments remains the primary focus, with prices averaging ₹23,900 per sq ft. Rental activity is particularly robust, driven by professionals and families seeking proximity to key business districts like the Bandra Kurla Complex. Developers continue to introduce new projects, though ready-to-move inventory currently holds a strong position in terms of buyer preference.
Ready to move properties lead the supply with 102 units available at an average of ₹23,400 per sq ft.
The average rental yield in the area stands at 4.92%, reflecting consistent demand for residential leasing.
Rental rates for apartments have seen a positive shift, currently averaging ₹100 per sq ft.
Premium projects such as Ruparel Livia and Ruparel Solitaire are priced above ₹30,000 per sq ft, indicating high demand for luxury living.
Studio apartments offer an entry-level rental option at ₹24,800 per month, while 3 BHK units command up to ₹1.27 Lakh per month.
Market Strengths
The average rental yield of 4.92% remains competitive for the Mumbai central suburbs.
Kurla East shows strong momentum with an 11.8% YoY price increase.
There is a substantial inventory of 102 ready-to-move units, providing immediate stability for buyers.
Diverse rental offerings cater to a wide demographic, ranging from ₹24,800 for studios to ₹1.27 Lakh for 3 BHK units.
Top-tier projects like Ruparel Livia maintain strong demand with current rates exceeding ₹30,000 per sq ft.
Market Challenges
New launch projects have seen a price change of -5.37%, reflecting cautious initial market absorption.
Office space rental rates have experienced a significant adjustment of -31.09%, impacting commercial investment yields.
Several micromarkets including Subhash Nagar and Ghatkopar East have seen moderate price corrections, suggesting a competitive environment for sellers.
Investment Opportunities
Investors can benefit from a healthy rental yield of 4.92% across residential properties.
The 11.8% growth in Kurla East indicates strong capital appreciation potential for long-term investors.
Ready-to-move units at ₹23,400 per sq ft offer immediate rental income potential with minimal wait time.
Studio apartments at an average rent of ₹24,800 per month provide an attractive low-entry investment for the rental market.
Top Localities in Kurla, Mumbai
Nehru Nagar
Avg Price₹ 23,500 /Sq.Ft.
LISTINGS
6
Price Trend
Kurla, Mumbai Property Price Trends and Appreciation
The market has experienced a slight adjustment in pricing over recent quarters, moving from ₹25,200 per sq ft in September 2025 to ₹23,900 per sq ft by March 2026. This trend reflects the evolving nature of the Kurla micromarket as it aligns with broader Mumbai central suburban benchmarks.
Kurla East remains a key residential pocket with average rates at ₹24,350 per sq ft, showing a notable growth of 11.8%. In contrast, areas like Sion and Ghatkopar East command higher premiums, both averaging ₹28,100 per sq ft. Meanwhile, Subhash Nagar offers a more accessible entry point at ₹23,800 per sq ft, providing a range of choices for prospective homeowners across the locality.
Residential apartments dominate the Kurla landscape, currently priced at an average of ₹23,900 per sq ft. This category has seen a market adjustment of -4.72%, reflecting the current supply-demand dynamics for standard residential units in the area.
The market provides varied options based on construction timelines, with 102 ready-to-move units priced at ₹23,400 per sq ft showing a growth of 0.47%. Under construction projects offer 16 units at ₹23,000 per sq ft, while new launches are available at ₹21,350 per sq ft to capture early-stage buyer interest.
Project & Developer Insights
Top Residential Projects and Developers in Kurla
Top Projectsin Kurla
Mahindra Rainforest is the top project in Kurla with prices from ₹ 1.76 Cr to 3.43 Cr.
Mahindra Rainforest
₹ 1.76 Cr - ₹ 3.43 Cr
Mumbai Central Suburbs, Mumbai
Runwal Bliss
₹ 1.19 Cr - ₹ 5.26 Cr
Mumbai Central Suburbs, Mumbai
GHP Mars Suncity
₹ 1.21 Cr - ₹ 1.78 Cr
Mumbai Central Suburbs, Mumbai
LnT Elixir Reserve
₹ 3.58 Cr - ₹ 10.63 Cr
Mumbai Central Suburbs, Mumbai
Runwal Avenue
₹ 1.16 Cr - ₹ 4 Cr
Mumbai Central Suburbs, Mumbai
Runwal Meadows
₹ 4.79 Cr - ₹ 4.79 Cr
Mumbai Central Suburbs, Mumbai
Lodha Corinthia
₹ 2.35 Cr - ₹ 3.14 Cr
Mumbai Central Suburbs, Mumbai
Lodha Bellagio
₹ 3.58 Cr - ₹ 10.05 Cr
Mumbai Central Suburbs, Mumbai
Lodha Vikhroli
₹ 1.93 Cr - ₹ 2.89 Cr
Mumbai Central Suburbs, Mumbai
Lodha Riservo
₹ 3.65 Cr - ₹ 5.08 Cr
Mumbai Central Suburbs, Mumbai
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New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Ruparel leads in Mumbai with 44 projects and 19 years of experience.
Premium residential developments in Kurla are setting high-value benchmarks, with projects like Ruparel Livia and Ruparel Solitaire priced at ₹30,250 and ₹30,200 per sq ft respectively. These developments, along with Ruparel Pride and Kohinoor City Phase II, highlight the premium segment's resilience. Notably, Guruprasad CHS has seen a significant price growth of 14.96%, underscoring the strong interest in established residential complexes.
Top projects for renters include Omkar Vive, which commands ₹125 per sq ft, and Manraj Residency at ₹119 per sq ft. Other highly sought-after addresses such as Shikshak Mitra Mandal CHS and Raghav Amara offer rental rates between ₹114 and ₹118 per sq ft, reflecting steady demand in the local market.
Recent Registered Transactions
Recent Registered Transactions in Kurla
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-06-15
Floor 14, Unit 1406
35
686 Sq.Ft.
2026-06-05
Floor 3, Unit 302
35
600 Sq.Ft.
2026-05-25
Floor 3, Unit 302
35
600 Sq.Ft.
2026-05-06
Floor 16, Unit 1605
C
562 Sq.Ft.
2026-04-02
Floor 9, Unit 905
Prime
501 Sq.Ft.
2026-04-02
Floor 14, Unit 1405
58
692 Sq.Ft.
2026-03-29
Floor 5, Unit 502
54
540 Sq.Ft.
2026-03-25
Floor 5, Unit 506
N/A
509 Sq.Ft.
2026-03-25
Floor 4, Unit 401
N/A
682 Sq.Ft.
2026-03-24
Floor 2, Unit 203
Rehab, C
225 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Kurla, Mumbai
Rental trends in Kurla cater to various needs, with studios averaging ₹24,800 per month. 1 BHK units are priced at ₹40,000 per month, while 2 BHK apartments reach ₹58,800 per month. For larger families, 3 BHK units command a premium average of ₹1.27 Lakh per month. Rental rates across Kurla's sub-locations are quite consistent, with Kurla East, Shramjivi Nagar, and Kalina all averaging ₹100 per sq ft. Bandra Kurla Complex remains the premium hub for leasing, commanding the highest rate of ₹250 per sq ft. Other areas like Postal Colony and Kajupada hover at a mid-range of ₹150 per sq ft. The rental market for apartments in Kurla has seen a positive growth of 4.26%, with rates averaging ₹100 per sq ft. Conversely, office spaces are experiencing a shift in demand, currently averaging ₹150 per sq ft with a change of -31.09%. Top projects for renters include Omkar Vive, which commands ₹125 per sq ft, and Manraj Residency at ₹119 per sq ft. Other highly sought-after addresses such as Shikshak Mitra Mandal CHS and Raghav Amara offer rental rates between ₹114 and ₹118 per sq ft, reflecting steady demand in the local market.
Rental trends in Kurla cater to various needs, with studios averaging ₹24,800 per month. 1 BHK units are priced at ₹40,000 per month, while 2 BHK apartments reach ₹58,800 per month. For larger families, 3 BHK units command a premium average of ₹1.27 Lakh per month.
Rental rates across Kurla's sub-locations are quite consistent, with Kurla East, Shramjivi Nagar, and Kalina all averaging ₹100 per sq ft. Bandra Kurla Complex remains the premium hub for leasing, commanding the highest rate of ₹250 per sq ft. Other areas like Postal Colony and Kajupada hover at a mid-range of ₹150 per sq ft.
The rental market for apartments in Kurla has seen a positive growth of 4.26%, with rates averaging ₹100 per sq ft. Conversely, office spaces are experiencing a shift in demand, currently averaging ₹150 per sq ft with a change of -31.09%.
Frequently Asked Questions About Property Rates in Kurla, Mumbai
What is the current average asking price in Kurla as of June 2026?
The average asking price in Kurla is ₹23,900 per sq ft as of June 2026. This figure represents a depreciation of 4.72% compared to the previous period, reflecting a recent market adjustment in the locality.
How have property prices in Kurla trended over the last few quarters?
Property prices in Kurla have shown a downward trajectory in the most recent quarter, with the average asking price moving from ₹25,050 per sq ft in December 2025 to ₹23,900 per sq ft in March 2026. This trend suggests a softening in demand or an increase in available supply, which investors and homebuyers should monitor closely when evaluating entry points in the area.
How do property prices in Kurla compare to nearby neighbourhoods?
Property prices in Kurla vary significantly when compared to surrounding areas. As of June 2026, while the average asking price in Kurla is ₹23,900 per sq ft, nearby locations like Bandra Kurla Complex command a much higher average of ₹59,700 per sq ft (which depreciated by 5.82% from the prior period), whereas areas like Subhash Nagar are priced at ₹23,800 per sq ft (reflecting a depreciation of 4.81%). These variations highlight Kurla's position as a mid-range hub relative to the premium pricing seen in the Bandra Kurla Complex corridor.
What is the price difference between Ready To Move and Under Construction properties in Kurla?
As of June 2026, Ready To Move properties in Kurla are priced at an average of ₹23,400 per sq ft, which has seen a slight appreciation of 0.47% compared to the previous period. In contrast, Under Construction projects are currently averaging ₹23,000 per sq ft, reflecting a depreciation of 1.03% over the same timeframe. This indicates that buyers are currently paying a small premium for immediate possession, likely due to the reduced risk and utility associated with completed inventory.
What is the average rental yield in Kurla, and what does it signify for investors?
The average rental yield in Kurla stands at 4.92% as of June 2026, providing a clear indicator of the income-generating potential for residential assets in the area. When paired with the current average asking price of ₹23,900 per sq ft, this yield suggests that Kurla remains a viable option for investors seeking a balance between capital appreciation and consistent rental income.
What are the typical monthly rental rates for different BHK configurations in Kurla?
Rental rates in Kurla vary by unit size, catering to a diverse tenant profile as of June 2026. Studio apartments average ₹24,800 per month, while 1 BHK units command an average of ₹40,000 per month. For larger requirements, 2 BHK units are available at an average of ₹58,800 per month, and 3 BHK units reach an average of ₹1.27 Lakh per month, reflecting the premium commanded by larger family-sized spaces in the locality.
Which projects in Kurla currently command the highest rental rates?
As of June 2026, premium rental projects in Kurla include Omkar Vive at ₹125 per sq ft, Manraj Residency at ₹119 per sq ft, and Shikshak Mitra Mandal CHS at ₹118 per sq ft. These projects represent the upper end of the rental market, with rates remaining stable in most cases, though Raghav Amara has seen a depreciation of 4.2% in its rental rate per sq ft compared to the previous period.
How do rental rates for apartments compare to office spaces in Kurla?
As of June 2026, apartments in Kurla command an average rental rate of ₹100 per sq ft, which has appreciated by 4.26% compared to the previous period. Conversely, office spaces are currently averaging ₹150 per sq ft, though this segment has experienced a significant depreciation of 31.09% over the same timeframe, indicating a substantial shift in the commercial rental landscape.
Which projects in Kurla have the highest listing rates as of June 2026?
The projects with the highest listing rates in Kurla include Ruparel Livia at ₹30,250 per sq ft (which appreciated by 5.21%), Ruparel Solitaire at ₹30,200 per sq ft (appreciating by 4.48%), and Ruparel Pride at ₹30,200 per sq ft (appreciating by 4.73%). These projects are positioned at the higher end of the local market, consistently showing positive price growth compared to the previous period.
How should a prospective buyer interpret the property rate data for Kurla?
Prospective buyers should use the June 2026 data to identify value by comparing the average asking price of ₹23,900 per sq ft against specific project statuses and sub-localities. For instance, noting that New Launch projects are priced lower at ₹21,350 per sq ft (depreciating by 5.37%) compared to Ready To Move projects at ₹23,400 per sq ft can help buyers align their budget with their risk appetite and timeline for possession.