Property rates in Mahim average ₹54,000 per sq ft, reflecting significant growth over the past year. This premium residential hub attracts investors with a healthy rental yield of 4.16%, supported by a robust average rental rate of ₹187 per sq ft. With high-end projects like Budhawani The Solitaire setting benchmarks, the locality continues to be a preferred destination for those seeking luxury apartments in Mumbai’s competitive real estate landscape.
Insights for Mahim, Mumbai Real Estate Market Overview
The Mahim real estate market has shown strong upward momentum, with property values rising significantly to reach an average of ₹54,000 per sq ft. Rental activity is particularly vibrant, driven by a diverse inventory that includes everything from compact studio apartments to spacious 4 BHK homes, yielding competitive returns for property owners. Recent government registration data confirms steady transaction volume, with hundreds of units changing hands as buyers capitalize on the area's connectivity and premium lifestyle offerings. The supply mix is well-balanced, featuring a mix of ready-to-move homes and upcoming luxury developments that cater to different investment horizons.
Average property rates have climbed to ₹54,000 per sq ft, indicating strong sustained demand.
Rental yields in the area stand at an impressive 4.16%, making it an attractive option for income-focused investors.
Ready-to-move residential projects remain a staple, while new launches continue to expand the premium housing stock.
High-value projects like Suraj Lumina and TATA Emeralde Court are leading the market with prices approaching ₹60,000 per sq ft.
Market Strengths
The average rental rate of ₹187 per sq ft provides a reliable income stream for property owners.
A strong base of 211 ready-to-move units ensures high liquidity and immediate occupancy potential for buyers.
The area maintains a prestigious status with property rates averaging ₹54,000 per sq ft.
Consistent rental demand for studio and 1 BHK units supports diverse investment strategies.
Proximity to high-value areas like Bandra West and Shivaji Park enhances the long-term desirability of the locality.
Market Challenges
Investors should note the -7.78% price adjustment in the ready-to-move segment, which may impact short-term capital appreciation for older stock.
High entry costs for premium projects mean that capital requirements are substantial for new investors.
Rental rates for certain sub-locations like Shivaji Park have seen a -10.98% change, suggesting a need for careful project selection.
The -3.94% change in new launch pricing indicates a cautious approach to pricing new inventory in the current market cycle.
Investment Opportunities
Capitalize on a healthy 4.16% rental yield, which is highly competitive for the Mumbai market.
Invest in under-construction projects, which have shown a promising 7.17% growth in price.
Target 2 BHK and 3 BHK apartments for rent, as these command significant monthly returns of ₹1.21 Lakh and ₹2.09 Lakh respectively.
Consider the apartment segment, which has demonstrated a 7.51% increase in value over the past year.
Price Trend
Mahim, Mumbai Property Price Trends and Appreciation
Property values in Mahim have seen a steady climb, moving from ₹44,100 per sq ft in September 2025 to ₹54,000 per sq ft by June 2026. This upward trajectory highlights the growing appeal of the location among premium homebuyers. The consistent quarterly increase reflects the high demand for quality residential assets in this part of Mumbai.
Mahim is surrounded by prestigious localities, each with its own price dynamics and character. Shivaji Park commands a premium at ₹55,850 per sq ft, while Dadar West hovers around ₹54,150 per sq ft. Matunga West and Matunga are priced competitively at ₹53,700 and ₹53,400 per sq ft, respectively. Meanwhile, Bandra West remains the most expensive in the vicinity, averaging ₹67,450 per sq ft.
Mahim's real estate market is primarily defined by its luxury apartment segment, which averages ₹54,000 per sq ft. This category has seen a positive growth trend of 7.51%, reflecting sustained buyer interest in residential units. The market remains focused on high-quality living spaces that cater to the aspirational needs of residents.
The market provides varied options based on project completion status, with ready-to-move inventory leading the volume with 211 units at an average of ₹35,950 per sq ft. Under-construction projects, totaling 14 units, are priced at ₹46,300 per sq ft and have shown a positive growth of 7.17%. New launches and near-possession units further round out the supply, offering flexibility for buyers with different move-in timelines.
Project & Developer Insights
Top Residential Projects and Developers in Mahim
Top Projectsin Mahim
LnT Island Cove is the top project in Mahim with prices from ₹ 3.40 Cr to 6.34 Cr.
LnT Island Cove
₹ 3.40 Cr - ₹ 6.34 Cr
Mumbai South, Mumbai
Godrej Trilogy
₹ 18.88 Cr - ₹ 29.95 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
₹ 30.69 Cr - ₹ 59.84 Cr
Mumbai South, Mumbai
Godrej Carmichael
₹ 87.92 Cr - ₹ 87.92 Cr
Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
K Raheja Corp leads in Mumbai with 28 projects and 63 years of experience.
Premium residential developments in Mahim are setting high value benchmarks, with projects like Budhawani The Solitaire reaching ₹59,750 per sq ft. Suraj Lumina follows closely at ₹59,150 per sq ft with a notable growth of 14.3%, while TATA Emeralde Court maintains a strong position at ₹58,950 per sq ft. Other notable developments like Suraj Vitalis and Kanakia Miami continue to attract attention, with the latter showing impressive growth of 19.54%.
Top projects for rentals in Mahim include Dev Aarti Apartment and Laxmikant CHS, which currently command rental rates of ₹168 and ₹160 per sq ft, respectively. Mutual CHS and Utpal Park Apartment also maintain steady rental performances at ₹151 and ₹150 per sq ft. These projects offer stable rental options for tenants looking for established residential addresses in the locality.
Government Registrations
Government Registration in Mahim, Mumbai
Government registration data for the period between October 2025 and September 2026 highlights a vibrant market with 200 registered transactions. These deals represent a gross value of ₹448 Cr, with average registration rates recorded at ₹30,950 per sq ft. This volume of activity underscores the consistent demand and liquidity present in the Mahim property sector.
Sales Transactions200
Gross Sales Value₹ 448 Cr
Registered Rate₹ 30,950/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Mahim, Mumbai
Rental demand in Mahim is well-distributed, with 1 BHK units averaging ₹67,700 per month and 2 BHK units reaching ₹1.21 Lakh per month. For larger space requirements, 3 BHK and 4 BHK apartments command average monthly rents of ₹2.09 Lakh and ₹2.47 Lakh respectively, while studio apartments remain available at an average of ₹40,000 per month. Rental rates across the area are fairly consistent, with most sub-locations like Matunga West, Shivaji Park, and Matunga averaging ₹150 per sq ft. B Block BKC stands out with a higher rental rate of ₹250 per sq ft, while ONGC Colony also commands a premium at ₹200 per sq ft. Most locations have seen stable or slightly adjusted rental growth over the past year. The apartment segment dominates the rental landscape in Mahim, with an average rental rate of ₹200 per sq ft. This segment has experienced a significant year-on-year change of 44.96%, highlighting high demand for residential rental properties. Top projects for rentals in Mahim include Dev Aarti Apartment and Laxmikant CHS, which currently command rental rates of ₹168 and ₹160 per sq ft, respectively. Mutual CHS and Utpal Park Apartment also maintain steady rental performances at ₹151 and ₹150 per sq ft. These projects offer stable rental options for tenants looking for established residential addresses in the locality.
Rental demand in Mahim is well-distributed, with 1 BHK units averaging ₹67,700 per month and 2 BHK units reaching ₹1.21 Lakh per month. For larger space requirements, 3 BHK and 4 BHK apartments command average monthly rents of ₹2.09 Lakh and ₹2.47 Lakh respectively, while studio apartments remain available at an average of ₹40,000 per month.
Rental rates across the area are fairly consistent, with most sub-locations like Matunga West, Shivaji Park, and Matunga averaging ₹150 per sq ft. B Block BKC stands out with a higher rental rate of ₹250 per sq ft, while ONGC Colony also commands a premium at ₹200 per sq ft. Most locations have seen stable or slightly adjusted rental growth over the past year.
The apartment segment dominates the rental landscape in Mahim, with an average rental rate of ₹200 per sq ft. This segment has experienced a significant year-on-year change of 44.96%, highlighting high demand for residential rental properties.
Frequently Asked Questions About Property Rates in Mahim, Mumbai
What is the current average asking price in Mahim?
As of June 2026, the average asking price in Mahim is ₹54,000 per sq ft. This figure represents an appreciation of 7.51% compared to the previous period, signaling strong demand and continued interest in this prime residential locality.
How do property rates in Mahim compare to the Government Registration Rate?
The current average asking price in Mahim of ₹54,000 per sq ft is significantly higher than the Government Registration Rate of ₹30,950 per sq ft, as of June 2026. This gap often reflects the premium market value commanded by modern amenities, project quality, and the strategic location of properties in the area compared to the baseline valuation used for registration purposes.
What is the recent price trend in Mahim?
The property rates in Mahim have shown an upward trajectory, rising from ₹45,900 per sq ft in December 2025 to ₹54,000 per sq ft by June 2026. This consistent growth over the last two quarters indicates a resilient market with sustained buyer confidence and limited supply of premium inventory.
How do property prices vary by project status in Mahim?
As of June 2026, pricing in Mahim varies by project status: Ready To Move properties average ₹35,950 per sq ft (depreciating by 7.78% from the comparison period), while Under Construction projects average ₹46,300 per sq ft, having appreciated by 7.17%. New Launch projects are currently priced at ₹39,000 per sq ft, reflecting a depreciation of 3.94% over the same timeframe.
What is the average rental yield in Mahim, and what does it mean for investors?
The rental yield in Mahim stands at 4.16% as of June 2026. For investors, this yield indicates the annual return on investment from rental income relative to the property's purchase price, making it a key metric for those looking to balance capital appreciation with consistent monthly cash flow in this high-demand area.
What are the typical monthly rental rates for different BHK configurations in Mahim?
As of June 2026, rental rates in Mahim vary significantly by unit size: Studio apartments average ₹40,000 per month, while 1 BHK units command ₹67,700 per month. Larger configurations see higher demand, with 2 BHK units at ₹1.21 Lakh, 3 BHK units at ₹2.09 Lakh, and 4 BHK units reaching ₹2.47 Lakh per month, reflecting the diverse tenant profile in the locality.
Which projects in Mahim command the highest rental rates?
As of June 2026, top projects by rental rates in Mahim include Dev Aarti Apartment at ₹168 per sq ft, Laxmikant CHS at ₹160 per sq ft, and Mutual CHS at ₹151 per sq ft. These properties command premium rents due to their specific location advantages and building quality, with rental rates remaining stable at 0% change across these top-tier projects.
How do rental rates in Mahim compare to nearby neighbourhoods?
Rental rates in Mahim average ₹187 per sq ft as of June 2026. When comparing to surrounding areas, B Block BKC commands a higher rate of ₹250 per sq ft (appreciating by 0.82%), while areas like Matunga West and Dadar West remain more accessible at ₹150 per sq ft, with both showing slight depreciation of 2.98% and 1.86% respectively.
Which residential projects in Mahim have the highest listing rates?
As of June 2026, the projects with the highest listing rates in Mahim include Budhawani The Solitaire at ₹59,750 per sq ft, Suraj Lumina at ₹59,150 per sq ft, and TATA Emeralde Court at ₹58,950 per sq ft. Suraj Lumina has seen a notable appreciation of 14.3% in its listing rate, while Budhawani The Solitaire has maintained price stability at 0% change.
How should a buyer interpret the property rate data for Mahim?
Buyers should use the property rate data for Mahim to benchmark their investment against current market averages of ₹54,000 per sq ft as of June 2026. By observing the 7.51% appreciation in the overall market and comparing it with specific project-level trends—such as the 19.54% appreciation in Kanakia Miami—investors can identify which developments are outperforming the broader market and align their purchase decisions with their long-term financial goals.
