Property Rates in Mahim West, Mumbai 2026

Property prices in Mahim West have shown an upward trajectory, with the location rate rising from ₹47,450 per sq ft in December 2025 to ₹54,750 per sq ft as of June 2026. This consistent increase over the last two quarters indicates sustained investor confidence and a robust real estate market in the area.

The average asking price in Mahim West is currently ₹50,950 per sq ft, while the Government Registration Rate is recorded at ₹30,450 per sq ft for the period between September 2025 and August 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is common in high-demand urban pockets and should be considered by buyers when calculating total acquisition costs including stamp duty and registration fees.

As of June 2026, Ready To Move properties in Mahim West are priced at an average of ₹39,250 per sq ft, having appreciated by 6.88% over the measured period. In contrast, Under Construction projects are currently averaging ₹41,750 per sq ft, which represents an appreciation of 2.31%. The higher price point for under-construction units often reflects the premium associated with modern amenities and newer building standards in the current market.

The average rental rate in Mahim West is ₹143 per sq ft as of June 2026, which has appreciated by 8.33% over the relevant period. The area currently offers a rental yield of 3.37%, a key metric for investors to evaluate the income-generating potential of their property relative to the capital investment required for a purchase in this locality.

Rental rates in Mahim West cater to a diverse range of tenants, with monthly averages as of June 2026 recorded at ₹40,000 for Studios, ₹66,250 for 1 BHK units, ₹1.24 Lakh for 2 BHK units, and ₹1.95 Lakh for 3 BHK units. These figures demonstrate a clear premium for larger configurations, reflecting the demand for spacious residential options in this well-connected part of Mumbai.

As of June 2026, premium projects leading the rental market in Mahim West include Shraddha Imperial at ₹176 per sq ft, Dev Arti at ₹175 per sq ft, and Svarna Rosemary at ₹166 per sq ft. These projects maintain their top-tier status due to their specific location advantages and building quality, with rental rates remaining stable at 0% change during the most recent observation period.

Investors should view the current average asking price of ₹50,950 per sq ft in June 2026 alongside the 3.37% rental yield to assess the balance between capital appreciation and recurring income. With property types like apartments showing an appreciation of 7.39% to reach ₹54,750 per sq ft, the data suggests that Mahim West remains a high-value market where capital growth is currently a primary driver for investment.

The government registration data shows 48 transactions with a gross value of ₹92 Cr between September 2025 and August 2026, indicating a steady volume of market activity. For prospective buyers, this level of transaction volume confirms that Mahim West is an active, liquid market where property ownership remains highly sought after by both end-users and investors.

Apartments are the primary residential property type in Mahim West, currently priced at an average of ₹54,750 per sq ft as of June 2026. This price point has seen an appreciation of 7.39% over the tracked period, confirming that apartments remain the most significant and value-appreciating asset class within the locality.