Property Rates in Mahim West, Mumbai

Property prices in Mahim West, Mumbai have shown an upward trend over the past year. From Dec 2025 to Mar 2026, the average asking price appreciated by 7.43%, reaching ₹50,961 per sq ft. Prior to this, prices saw some fluctuations, with a slight decrease from Sep 2025 to Dec 2025, and a period of no recorded price for Jun 2025, suggesting a dynamic market influenced by various factors.

As of March 2026, the average asking price in Mahim West, Mumbai is ₹50,961 per sq ft. In contrast, the Government Registration Rate for the locality is ₹0 per sq ft, based on the available data. This significant difference highlights that the market's asking prices are considerably higher than the registered values, a common scenario in many real estate markets.

In Mahim West, Mumbai, apartments are the primary property type for which data is available, with an average asking price of ₹50,961 per sq ft as of March 2026. This rate has appreciated by 7.43% from the previous period, indicating strong demand for apartments in the locality. No other property types are listed with specific pricing data in this dataset.

In Mahim West, Mumbai, as of March 2026, 'Well Occupied' properties have the highest average price at ₹37,592 per sq ft, though this has depreciated by 3.24% from the previous period. 'Ready To Move' properties are priced at ₹36,705 per sq ft, showing a depreciation of 6.49%. 'Under Construction' properties are priced at ₹40,804 per sq ft, a depreciation of 9.93%, and 'New Launch' properties are at ₹44,912 per sq ft, depreciating by 6.26%. The data indicates a general downward trend across all statuses in the latest period.

As of March 2026, projects in Mahim West, Mumbai with the highest listing rates include Suraj Eterna at ₹53,202 per sq ft, which saw a slight depreciation of 0.95%. Buildarch Saffron is listed at ₹51,804 per sq ft with no change, followed by Sugee Shree Krishna Kunj at ₹51,626 per sq ft, which depreciated by 1.22%. These rates reflect the premium segment within the locality.

The average rental rate in Mahim West, Mumbai is ₹143 per sq ft as of March 2026, which has appreciated by 8.33% from the previous period. The rental yield stands at 3.37%. A rental yield of 3.37% suggests that property owners can expect an annual return of 3.37% on their property's capital value through rental income, which is a key metric for investors assessing profitability.

In Mahim West, Mumbai, rental costs vary significantly by BHK configuration. Studios are available for an average of ₹40,000 per month. For 1 BHK apartments, the average rent is ₹60,154 per month. Larger 2 BHK apartments command an average rent of ₹1.15 Lakh per month, while 3 BHK apartments are the highest, averaging ₹1.7 Lakh per month. These figures provide a clear picture of rental demand across different household sizes.

As of March 2026, the average rental rate for apartments in Mahim West, Mumbai is ₹143 per sq ft, showing an appreciation of 8.33% from the previous period. This rate is consistent with the overall average rental rate for the locality, indicating that apartments are the dominant property type influencing the general rental market trends in Mahim West.

The top projects in Mahim West, Mumbai offering the highest rental rates per square foot include Shraddha Imperial at ₹176 per sq ft and Dev Arti at ₹175 per sq ft, both with no change in rates. Svarna Rosemary follows at ₹166 per sq ft. These projects represent the premium rental offerings in the locality, attracting tenants willing to pay a higher price for enhanced amenities or prime locations.

The average asking price in Mahim West, Mumbai stands at ₹50,961 per sq ft as of March 2026. The Government Registration Rate is listed as ₹0 per sq ft. This substantial difference indicates that the actual transaction values, as reflected by registration rates, are significantly lower than the prices sellers are asking for properties in Mahim West.

The recent price trends in Mahim West, Mumbai suggest a market that has appreciated significantly. From Dec 2025 to Mar 2026, the average asking price increased by 7.43% to ₹50,961 per sq ft. While this indicates strong buyer confidence and potentially rising property values, investors should also consider the fluctuations seen in earlier quarters and the current listing count of 39 properties when making decisions.