Madanpura Property Rates

Insights

Insights for Madanpura, Mumbai Real Estate Market Overview

The real estate landscape in Madanpura presents a stable mix of ready-to-move and under-construction residential opportunities, catering to varying buyer preferences. While the market has seen adjustments in average asking prices, specific projects maintain strong momentum, often outpacing broader trends. Rental demand remains robust, particularly for 1 BHK and 3 BHK configurations, which serve as a reliable income stream for property owners in the vicinity. Recent government registrations confirm consistent transaction activity, underscoring the area's ongoing relevance as a residential hub in Mumbai.

Ready-to-move projects are priced at an average of ₹33,300 per sq ft, showing a positive growth of 5.18%.
KSA AL Rayyan has emerged as a standout development with a significant price appreciation of 40.32%.
Rental rates for 1 BHK units average ₹54,650 per month, while 3 BHK units command ₹1.77 Lakh per month.
Under-construction properties currently maintain an average rate of ₹32,500 per sq ft, reflecting a 4.33% increase.
MRK Realty leads the local developer landscape based on recent transaction volume.

Market Strengths

Ready-to-move inventory is highly liquid with a 5.18% price increase.
Strong rental demand for 1 BHK units at an average of ₹54,650 per month.
Diverse project statuses allow buyers to choose between immediate possession and future value growth.
Proximity to premium localities like Mahalaxmi and Tardeo enhances the long-term location value.
Active registration volume of 3 transactions in a short period signals a healthy, functioning market.

Market Challenges

General apartment category pricing has seen a -2.36% adjustment, requiring careful entry timing.
High-end segments in nearby Tardeo show significant volatility, which may impact broader regional sentiment.

Investment Opportunities

Ready-to-move apartments show a 5.18% price growth, indicating strong potential for immediate rental returns.
Under-construction projects at ₹32,500 per sq ft offer a lower entry point compared to the market average.
1 BHK rentals at ₹54,650 per month provide a consistent income stream for small-unit investors.
KSA AL Rayyan demonstrates high capital appreciation potential with a 40.32% increase in asking rates.

Price Trend

Madanpura, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Madanpura Property Price Comparison

By Localities
By Property Type
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Nagpada	35,050	-0.2
Agripada	38,950	9.5
Byculla West	45,250	4.9
Byculla	43,900	-0.3
Byculla East	32,550	-7.7
Grant Road	49,700	-10.8
Mazgaon	41,350	2.9
Mahalaxmi	62,000	2.3
Tardeo	89,400	20.9
Altamount Road	1,35,400	3.3

Madanpura sits within a competitive South Mumbai corridor where property rates vary significantly by proximity. Nearby Nagpada averages ₹35,050 per sq ft, while more premium pockets like Mahalaxmi command ₹62,000 per sq ft. Tardeo stands at the higher end of the spectrum with rates reaching ₹89,400 per sq ft, reflecting a 20.86% increase. Byculla West offers a mid-range alternative at ₹45,250 per sq ft, providing a distinct contrast to the more exclusive Altamount Road corridor.

Type	Rate (₹/Sq.Ft)	Change %
Apartment	35,550	-2.4

Madanpura's real estate market centers on residential apartment living, which averages ₹35,550 per sq ft. This segment has seen a slight adjustment of -2.36%, reflecting current market dynamics for apartment-style homes. Buyers focusing on this category can find a range of options that cater to both end-users and long-term investors.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	14	33,129	4.9
Under Construction	2	32,500	4.3

The Madanpura market provides a balanced supply of residential options across different construction phases. Ready-to-move inventory is priced at ₹33,300 per sq ft, showing a healthy 5.18% growth. Under-construction projects are currently listed at ₹32,500 per sq ft with a 4.33% increase, while well-occupied units trade at ₹32,100 per sq ft.

Project & Developer Insights

Top Residential Projects and Developers in Madanpura

Godrej Trilogy ₹ 18.88 Cr - ₹ 29.95 Cr

Mumbai South, Mumbai

LnT Island Cove ₹ 3.40 Cr - ₹ 6.34 Cr

Mumbai South, Mumbai

JP Codename Matunga Origins ₹ 2.93 Cr - ₹ 4.23 Cr

Mumbai South, Mumbai

Piramal Mahalaxmi ₹ 5.45 Cr - ₹ 14.03 Cr

Mumbai South, Mumbai

Runwal Timeless ₹ 1.59 Cr - ₹ 3.5 Cr

Mumbai South, Mumbai

Kalpataru Azuro ₹ 45 Cr - ₹ 71.98 Cr

Mumbai South, Mumbai

Lodha Malabar Price On Request

Mumbai South, Mumbai

Lodha Sea Face Price On Request

Mumbai South, Mumbai

Prestige Ocean Towers ₹ 31.35 Cr - ₹ 62.7 Cr

Mumbai South, Mumbai

Godrej Carmichael ₹ 87.92 Cr - ₹ 87.92 Cr

Mumbai South, Mumbai

New Launch

Under Construction

Ready to Move

KSA Developer ₹ 1.52 Cr - ₹ 6.19 Cr

8 Projects

Soundlines Realty ₹ 1.79 Cr - ₹ 1.79 Cr

3 Projects

KGN Developers Mumbai ₹ 1.27 Cr - ₹ 1.80 Cr

1 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Ksa Al Rayyan, Madanpura	43,800	40.3
Baug E Usman Heights, Madanpura	33,700	1.8
Ksa Square, Madanpura	33,000	5.7
Court Royal, Madanpura	32,850	1.7
Aqsa Manzil, Madanpura	32,750	4.9
Ksa Danish Villa, Madanpura	32,600	4.5
Taslima Heights, Madanpura	32,400	3.9
Halima Apartment, Madanpura	32,300	3.8
Zia Apartment, Madanpura	32,250	3.6
Patel Tower, Madanpura	32,000	3

Premium residential developments in Madanpura are setting strong value benchmarks. KSA AL Rayyan leads the market with a current rate of ₹43,800 per sq ft, experiencing a notable 40.32% change. Baug E Usman Heights and KSA Square follow with rates of ₹33,700 per sq ft and ₹33,000 per sq ft, respectively, demonstrating consistent investor interest.

Top Developers by Transaction Count

By Transaction

Developer	Transactions
Mrk Realty	1

MRK Realty stands out as the primary driver of transaction volume in the area. Their active role in project delivery has helped shape the local residential market, ensuring that buyer demand is met with consistent supply. This focus on delivery is a key factor for those looking to invest in new residential opportunities in Madanpura.

Government Registrations

Government Registration in Madanpura, Mumbai

Official registration data for Madanpura highlights steady activity with 3 transactions recorded, totaling a gross value of ₹3 Cr. This volume indicates a focused market where specific projects continue to attract serious buyer attention. The presence of active developers like MRK Realty supports this transaction flow, ensuring a reliable pipeline of property handovers.

Sales Transactions 3

Gross Sales Value ₹ 3 Cr

Recent Registered Transactions

Recent Registered Transactions in Madanpura

Recent government registrations in Madanpura show 3 transactions valued at ₹3 Cr, highlighting consistent interest in the local residential sector.

Date	Floor/Unit	Tower/Wing	Area
2026-04-29	Floor 1, Unit 106	A	216 Sq.Ft.
2026-01-16	Floor 11, Unit 1103	A	484 Sq.Ft.
2025-11-26	Floor 1, Unit 14	N/A	641 Sq.Ft.
2025-11-14	Floor 10, Unit 1003	B	533 Sq.Ft.
2025-11-07	Floor 11, Unit 1101	N/A	270 Sq.Ft.
2025-11-07	Floor 11, Unit 1102	N/A	270 Sq.Ft.
2025-10-19	Floor 13, Unit 1305	N/A	360 Sq.Ft.
2025-10-17	Floor 7, Unit 703	B	617 Sq.Ft.
2025-10-17	Floor 17, Unit 1701	A	437 Sq.Ft.
2025-10-17	Floor 15, Unit 1504	B	475 Sq.Ft.

Rental Trends

Rental Trends and Average Rent in Madanpura, Mumbai

Rental demand is robust, with 1 BHK apartments averaging ₹54,650 per month. For larger families, 3 BHK units are available at an average monthly rate of ₹1.77 Lakh, catering to the premium segment of the residential market. Rental rates across the region are dynamic, with areas like Byculla West and Byculla commanding ₹200 per sq ft, showing positive growth of 9.94% and 7.78% respectively. Meanwhile, Chinchpokli and Mazgaon offer more accessible rental rates at ₹100 per sq ft.

Madanpura Rent Comparison

By Unit Type
By Location

Unit Type	Rate (₹)
1 Bhk	54,650
3 Bhk	1,77,500

Rental demand is robust, with 1 BHK apartments averaging ₹54,650 per month. For larger families, 3 BHK units are available at an average monthly rate of ₹1.77 Lakh, catering to the premium segment of the residential market.

Locality	Rate (₹/Sq.Ft)	Change %
Nagpada	200	-
Byculla West	200	9.9
Byculla	200	7.8
Chinchpokli	100	-0.8
Grant Road	200	1.6
Mazgaon	100	-3.4
Shapur Baug	100	-
Mahalaxmi Racecourse	200	-1.3
Mahalaxmi	200	-0.4
Tardeo	200	-7.1

Rental rates across the region are dynamic, with areas like Byculla West and Byculla commanding ₹200 per sq ft, showing positive growth of 9.94% and 7.78% respectively. Meanwhile, Chinchpokli and Mazgaon offer more accessible rental rates at ₹100 per sq ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,650 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,950 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Madanpura, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,200 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Govt Registration Rate ₹ 21,600 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Madanpura, Mumbai

Madanpura, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Madanpura, Mumbai

What is the current average asking price in Madanpura as of September 2026?

As of September 2026, the average asking price in Madanpura is ₹40,950 per sq ft. This reflects a dynamic market trajectory, with the micromarket rate having appreciated from ₹40,300 per sq ft in June 2026 to the current level, signaling resilient demand in this South Mumbai locality.

How have property prices in Madanpura trended over the last few quarters?

The property prices in Madanpura have shown a fluctuating trend throughout 2026. After holding steady at ₹46,350 per sq ft from December 2025 through March 2026, the rate saw a correction to ₹40,300 per sq ft in June 2026, before recovering to the current average of ₹40,950 per sq ft as of September 2026.

What is the price difference between Ready To Move and Under Construction properties in Madanpura?

As of September 2026, Ready To Move properties in Madanpura command an average asking price of ₹33,300 per sq ft, which has appreciated by 5.18% compared to previous periods. In contrast, Under Construction projects are priced at an average of ₹32,500 per sq ft, having appreciated by 4.33% over the same timeframe, indicating that buyers are currently paying a premium for immediate possession.

Which projects in Madanpura currently have the highest listing rates?

KSA AL Rayyan leads the premium segment in Madanpura with a current listing rate of ₹43,800 per sq ft, having seen a significant appreciation of 40.32% from previous periods. Other notable projects include Baug E Usman Heights at ₹33,700 per sq ft (up 1.83%) and KSA Square at ₹33,000 per sq ft (up 5.70%), reflecting the diverse price positioning within the locality.

What are the typical monthly rental rates for 1 BHK and 3 BHK apartments in Madanpura?

As of September 2026, the rental market in Madanpura offers varied options for tenants, with 1 BHK apartments commanding an average rent of ₹54,650 per month. For those seeking larger spaces, 3 BHK apartments are available at an average rent of ₹1.77 Lakh per month, catering to different lifestyle needs and budget profiles in the area.

How do rental rates in Madanpura compare to nearby neighbourhoods?

Rental rates in the vicinity of Madanpura show distinct variations, with areas like Nagpada, Byculla West, Byculla, Grant Road, Mahalaxmi, and Tardeo all commanding an average rental rate of ₹200 per sq ft. Byculla West has seen a notable rental appreciation of 9.94%, while areas like Tardeo have experienced a depreciation of 7.08% as of September 2026, highlighting the localized nature of rental demand.

How should investors interpret the property rate data for Madanpura?

Investors should view the Madanpura market as a high-value South Mumbai pocket where property rates are sensitive to project-specific status and amenities. With an average asking price of ₹40,950 per sq ft as of September 2026, the market shows a mix of ready-to-move and under-construction opportunities. By comparing these rates with rental yields in nearby areas like Byculla or Grant Road, investors can better assess the potential for long-term capital appreciation and consistent rental income.

What is the significance of the transaction activity for developers in Madanpura?

Developer activity in Madanpura is currently marked by focused project delivery, with MRK Realty emerging as a key player based on recent transaction data. Their involvement in the local market provides a signal of development stability, which is essential for buyers looking to invest in projects with a clear track record of successful transactions.