Property Rates in Mahim West, Mumbai 2026

The property price trend in Mahim West has shown a dynamic trajectory, with the location rate moving from ₹47,450 per sq ft in December 2025 to ₹54,150 per sq ft by September 2026. While there were fluctuations throughout the year, the overall upward movement indicates resilient interest from investors and homebuyers looking for property in this established part of Mumbai.

The average asking price in Mahim West is currently ₹58,850 per sq ft, whereas the Government Registration Rate is recorded at ₹30,950 per sq ft for the period between November 2025 and October 2026. This gap between the market asking price and the registered value is common in premium urban areas and highlights the importance of considering both market-driven listing prices and official registration data when evaluating property investment costs.

As of September 2026, ready-to-move properties in Mahim West are priced at an average of ₹37,250 per sq ft, which has depreciated by 5.06% compared to the previous period. In contrast, under-construction properties are priced at ₹48,750 per sq ft, showing a robust appreciation of 16.83% over the same timeframe. This trend suggests that buyers are increasingly willing to pay a premium for newer, under-construction projects, potentially driven by modern amenities and contemporary architectural standards.

The average rental rate in Mahim West is ₹195 per sq ft as of September 2026, marking a substantial appreciation of 36.36% compared to the prior period. The current rental yield is 3.98%, which provides a useful benchmark for investors to assess the potential income generation relative to the capital outlay required for purchasing property in this locality.

Rental rates in Mahim West scale significantly with unit size, reflecting the diverse housing needs in the area as of September 2026. Studio apartments command an average of ₹40,000 per month, while 1 BHK units average ₹67,950 per month. For larger requirements, 2 BHK units are available at an average of ₹1.29 Lakh per month, and 3 BHK units reach an average of ₹2.1 Lakh per month. This tiered pricing allows tenants to select properties based on their specific space requirements and budget.

As of September 2026, premium projects such as Shraddha Imperial and Dev Arti lead the rental market in Mahim West, with current rental rates of ₹176 per sq ft and ₹175 per sq ft, respectively. Other notable projects like Svarna Rosemary, The Ultra CHS, and Prescon Midtown Bay also feature prominently, with rates ranging between ₹160 and ₹166 per sq ft. These rates have remained stable with a 0% change, indicating a consistent demand for high-quality residential spaces in these specific developments.

When reviewing the apartment pricing data for Mahim West, note that the average price is ₹54,150 per sq ft as of September 2026. This reflects a depreciation of 8.02% compared to the previous period. Investors and homebuyers should use this data to identify entry points, keeping in mind that price corrections can sometimes offer better value for those looking to enter a high-demand market like Mahim West.

As of September 2026, Buildarch Saffron leads the listing rate rankings in Mahim West at ₹65,350 per sq ft, having appreciated by 23.91% compared to the previous period. Other high-value projects include Prescon Midtown Bay at ₹61,450 per sq ft (up 13.54%) and Sugee Shree Krishna Kunj at ₹60,850 per sq ft (up 15.35%). These figures highlight the premium positioning of these developments within the local real estate landscape.

Property status provides insight into market maturity; in Mahim West, 'New Launch' projects are priced at ₹50,300 per sq ft, showing an appreciation of 5.96% as of September 2026. Meanwhile, 'Well Occupied' projects command ₹51,400 per sq ft, reflecting an appreciation of 3.71% over the same period. These trends indicate that both new supply and established, occupied projects are seeing positive price growth, reflecting sustained confidence in the location.