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Property Rates in Mahim West, Mumbai

Comprehensive Market Snapshot

The Mahim West real estate market in Mumbai demonstrates dynamic activity, with current asking prices averaging ₹50,439 per sq ft. Recent quarterly trends indicate a slight adjustment in location rates between September and December 2025, suggesting a period of stabilization. The market is primarily driven by the apartment segment, which commands the average price point with a 6.33% appreciation. Property transactions during Apr 25 to Mar 26 were robust, recording 110 deals valued at ₹229 Cr, with a registered rate of ₹30,450 per sq ft. While various property statuses are available, Ready To Move units are most prevalent, and top projects like Suraj Eterna are setting benchmark prices.

  • Asking Sale Price₹ 50,439/sq.ft

Insights for Mahim West, Mumbai Real Estate Market

Mahim West, a prime location in Mumbai, currently presents a dynamic real estate landscape with an average asking price of ₹50,439 per sq ft. An analysis of quarterly price trends reveals some adjustments; location rates moved from ₹48,568 per sq ft in Sep 2025 to ₹47,436 per sq ft by Dec 2025, reflecting a slight softening in per-square-foot values during this period. The apartment segment is the undisputed leader here, dominating the market with an average price of ₹50,439 per sq ft and experiencing a notable 6.33% appreciation. Despite the overall asking price stability, a closer look at property statuses indicates general price corrections. Ready To Move properties, with 32 available units, are priced at ₹36,705 per sq ft but have seen a -6.49% change. Similarly, Under Construction and New Launch projects, while offering diverse options, have also experienced price declines. Nonetheless, the market's underlying strength is evident in its registration activity, with 110 transactions totaling ₹229 Cr between Apr 25 and Mar 26, and an average registered rate of ₹30,450 per sq ft. Leading projects such as Suraj Eterna, Buildarch Saffron, and Sugee Shree Krishna Kunj are prominent in the premium segment, showcasing the area's high-value offerings. This blend of strong demand in the apartment sector, recent price adjustments across statuses, and robust registration activity positions Mahim West as an interesting market for both buyers and investors.

Market Strengths Market Strengths
  • The high average asking price of ₹50,439 per sq ft firmly positions Mahim West as a premium real estate destination.
  • The strong performance of the apartment segment, evidenced by a 6.33% appreciation, highlights its market resilience and demand.
  • Robust registration activity, including 110 transactions and a gross value of ₹229 Cr, indicates healthy buyer confidence and an active market.
  • The availability of 32 Ready To Move units caters effectively to immediate occupancy requirements.
  • Several top-tier projects commanding high per-square-foot rates underscore the locality's luxury offerings and investment potential.
  • Strategic location and connectivity within Mumbai contribute significantly to its enduring desirability.
  • The consistent demand for apartments suggests a stable and preferred housing option in the area.
Market Challenges Market Challenges
  • General negative change percentages across all property statuses (Ready To Move, Under Construction, New Launch, Well Occupied) suggest a period of price correction.
  • The absence of average rental rate data makes it challenging for investors to fully assess potential rental yields.
  • A lack of specific developer transaction and value data limits insights into market leadership and developer-specific investment opportunities.
  • The slight decrease in quarterly location rates from Sep 2025 to Dec 2025 indicates potential short-term price volatility.
  • Limited variety in property types, with apartments being the sole listed category, might restrict options for diverse investment portfolios.
Investment Opportunities Investment Opportunities
  • The dominant and appreciating apartment segment offers a stable investment avenue in Mahim West.
  • Price corrections across Ready To Move, Under Construction, and New Launch projects may present attractive entry points for discerning buyers.
  • High transaction volume and gross value in property registrations indicate sustained demand and liquidity in the market.
  • The presence of established projects commanding high asking rates reflects premium value and potential for long-term appreciation.
  • Mahim West's strategic location within Mumbai ensures continued desirability and potential for future growth.
Property Valuation

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Property Price Trends in Mahim West, Mumbai

Asking Price Trends

Asking price trends in Mahim West have shown some fluctuation in recent quarters. The location rate, which averaged ₹48,568 per sq ft in September 2025, saw a slight adjustment to ₹47,436 per sq ft by December 2025. This indicates a minor softening in the market's average price per square foot over this period, following previous stable quarters.

Quarter City Rate
Dec 2025 47436
Sep 2025 48568
Jun 2025 0
Mar 2025 0
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Price Trends by Property Type

The Mahim West real estate market is predominantly characterized by its robust apartment segment. Apartments here command an average price of ₹50,439 per sq ft, having experienced a notable 6.33% appreciation. This strong performance highlights the sustained interest and investment in multi-family residential units within the locality.

Type Rate (₹/sq.ft) Change %
Apartment 50,439 6.33
Price Trends by Project Status

The Mahim West market offers properties across various development stages, catering to different buyer preferences. Ready To Move units are the most abundant, with 32 properties available at an average price of ₹36,705 per sq ft, though they've seen a -6.49% change. Under Construction projects provide 8 opportunities, averaging ₹40,804 per sq ft, with a -9.93% change. Meanwhile, New Launch properties, with 6 units, are priced at ₹44,912 per sq ft, showing a -6.26% change. Even Well Occupied properties, totaling 9 units, reflect a -3.24% change at ₹37,592 per sq ft, indicating a general price correction across statuses.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 41 36,900 -5.78
Under Construction 8 40,804 -9.93
New Launch 6 44,912 -6.26

Project and Developer Insights

Top Projects by Listing Rates

Premium residential developments in Mahim West are commanding significant asking prices, reflecting their luxury positioning and prime locations. Leading the segment, Suraj Eterna is priced at ₹53,202 per sq ft, despite a minor -0.95% change. Buildarch Saffron follows closely at ₹51,804 per sq ft, maintaining its value. Sugee Shree Krishna Kunj also stands out with an average rate of ₹51,626 per sq ft, showcasing the aspirational segment of the market in Mahim West.

  • Listing Rate
Project Name Rate (₹/sq.ft) Change %
Suraj Eterna 53,202 -0.9
Buildarch Saffron 51,804 -
Sugee Shree Krishna Kunj 51,626 -1.2
Mittal Sushila Sadan 50,609 -
Prescon Midtown Bay 50,340 -0.4
Pranav Kirti Mandir Chs 45,137 -6.7
Raheja Brooke Ville 44,144 -3.5
Buildarch Residency 43,714 -17.7
Rizvi Victory House 43,684 -5.1
Bhaskar Bhavan Mahim West 43,542 -

Government Registration in Mahim West, Mumbai

  • Sales Transactions110
  • Gross Sales Value₹ 229 Cr
  • Registered Rate₹ 30,450/sq.ft

Official registration data reveals robust transaction activity in Mahim West during Apr 25 to Mar 26. The market recorded 110 transactions valued at ₹229 Cr, with an average registered rate of ₹30,450 per sq ft. This significant volume and value of registered deals indicate healthy buyer interest and strong market momentum within the locality.

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