Masjid Bunder Property Rates — ₹27,600/sq ft

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Property rates in Masjid Bunder average ₹27,600 per sq ft. This South Mumbai locality maintains a steady presence in the residential sector, with ready-to-move projects accounting for the majority of the available inventory. Investors often look toward these established residential pockets, where property values reflect the area's historical significance and proximity to major commercial hubs. The market continues to serve as a practical choice for those seeking immediate occupancy in well-connected urban surroundings.

Insights

Insights for Masjid Bunder, Mumbai Real Estate Market Overview

The real estate market in Masjid Bunder is defined by its focus on ready-to-occupy residential units, offering a stable environment for buyers and investors. Price points for residential apartments remain competitive, with various projects like Mirza Building and Topiwala CHS providing diverse options for those looking to settle in South Mumbai. While the broader region experiences fluctuating trends, the local market shows consistent activity levels, particularly in established residential housing. Rental options in nearby areas also provide a broader perspective on the region's overall real estate health.

Ready-to-move projects in Masjid Bunder are currently priced at an average of ₹26,550 per sq ft.
Mirza Building stands out as a key project with an asking rate of ₹33,350 per sq ft.
Well-occupied properties in the locality command an average price of ₹29,600 per sq ft.
Rental rates in surrounding areas like Marine Lines and Churchgate reach up to ₹200-₹250 per sq ft.
The market has recorded 6 registered transactions recently, highlighting steady interest in the area.

Market Strengths

Strong historical value retention in well-occupied residential projects.
High demand for ready-to-move units, supported by 34 available listings.
Strategic location within South Mumbai, ensuring sustained connectivity.
Steady transaction frequency with 6 registrations recorded in the recent period.
Diverse project options ranging from premium buildings like Mirza Building to accessible residential CHSs.

Market Challenges

Recent price trends for ready-to-move projects show a slight decline of -3.16%.
Topiwala CHS has experienced a significant price adjustment of -11.11% in current listings.
Daya Mandir CHS shows a notable price correction of -18.03%, reflecting market volatility in specific project segments.

Investment Opportunities

Ready-to-move inventory offers immediate occupancy potential at an average rate of ₹26,550 per sq ft.
Proximity to high-rental areas like Churchgate and Marine Drive suggests potential for long-term value appreciation.
Well-occupied projects provide a stable, lower-risk profile for conservative investors.
Competitive entry pricing compared to neighboring premium hubs like Tardeo and Grant Road.

Price Trend

Masjid Bunder, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Masjid Bunder Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Mazgaon	41,350	2.9
Nagpada	35,050	-0.2
Grant Road	49,700	-10.8
Byculla	43,900	-0.3
Byculla West	45,250	4.9
Agripada	38,950	9.5
Byculla East	32,550	-7.7
Papanas Wadi	1,20,900	-
Nariman Point	81,550	-
Tardeo	89,400	20.9

The surrounding micromarkets offer a varied pricing spectrum, with Tardeo commanding a premium at ₹89,400 per sq ft, reflecting a significant increase of 20.86%. In contrast, Byculla East provides a more accessible entry point at ₹32,550 per sq ft, despite a recent decline of -7.72%. Meanwhile, areas like Mazgaon and Agripada maintain strong positions with rates of ₹41,350 and ₹38,950 per sq ft respectively, demonstrating healthy growth trends in the region.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	36	26,719	-3

The Masjid Bunder market provides a clear choice for buyers based on possession timelines. Ready-to-move inventory consists of 34 units priced at an average of ₹26,550 per sq ft, which has seen a shift of -3.16%. Additionally, well-occupied projects offer 2 units at an average rate of ₹29,600 per sq ft, marking a -0.71% change.

Project & Developer Insights

Top Residential Projects and Developers in Masjid Bunder

Godrej Trilogy ₹ 18.88 Cr - ₹ 29.95 Cr

Mumbai South, Mumbai

LnT Island Cove ₹ 3.40 Cr - ₹ 6.34 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 ₹ 31.35 Cr - ₹ 62.7 Cr

Mumbai South, Mumbai

Godrej Carmichael ₹ 87.92 Cr - ₹ 87.92 Cr

Mumbai South, Mumbai

New Launch

Under Construction

Ready to Move

Mishal Construction ₹ 75 L - ₹ 3.35 Cr

19 Projects

Kamla ₹ 38.1 L - ₹ 10.21 Cr

33 Projects
9 Years

Sagar Builders ₹ 1.02 Cr - ₹ 3.32 Cr

24 Projects

Ornate Universal ₹ 75 L - ₹ 2.90 Cr

15 Projects

Prem Developers

10 Projects

Baba Homes Builders and Developers ₹ 70 L - ₹ 2.66 Cr

8 Projects

Sahakar Infracon Projects ₹ 1.19 Cr - ₹ 4.15 Cr

8 Projects

Citymaker Builder ₹ 73.44 L - ₹ 3.9 Cr

5 Projects

Nina Realtors ₹ 59 L - ₹ 1.37 Cr

3 Projects

Kohinoor Group Thane

3 Projects

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Mirza Building, Masjid Bunder	33,350	-0.1
Topiwala Chs, Masjid Bunder	29,150	-11.1
Rahat Tower Chs, Masjid Bunder	28,950	3.9
Mukadam House, Masjid Bunder	28,950	3.9
Fancy Mahal, Masjid Bunder	28,950	3.9
Sook Na Manzil, Masjid Bunder	28,950	3.4
Chedda Mansion, Masjid Bunder	28,950	3.9
Neela Bhavan, Masjid Bunder	28,800	2.8
Daya Mandir Chs, Masjid Bunder	26,650	-18
C K Building, Masjid Bunder	25,950	-1.1

Premium residential developments in Masjid Bunder set the benchmark for local property values. Mirza Building leads the segment at ₹33,350 per sq ft, while Topiwala CHS is priced at ₹29,150 per sq ft. Other notable projects such as Rahat Tower CHS, Mukadam House, and Fancy Mahal maintain a consistent value of ₹28,950 per sq ft, showcasing the area's stable residential appeal.

Government Registrations

Government Registration in Masjid Bunder, Mumbai

Recent government registration data for Masjid Bunder shows 6 transactions recorded between October and September, with a total gross value of ₹3 Cr. This activity underscores a steady pace of property movement in the locality, reflecting ongoing buyer engagement with available residential stock.

Sales Transactions 6

Gross Sales Value ₹ 3 Cr

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Masjid Bunder, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,000 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Govt Registration Rate ₹ 21,600 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Masjid Bunder, Mumbai

Masjid Bunder, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Masjid Bunder, Mumbai

What is the current average asking price in Masjid Bunder as of Jun 2026?

As of Jun 2026, the average asking price in Masjid Bunder stands at ₹27,600 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price consolidation in this established South Mumbai locality.

How have property prices in Masjid Bunder trended over the recent quarters?

The micromarket rate in Masjid Bunder has experienced a downward adjustment, moving from ₹46,350 per sq ft in Mar 2026 to ₹40,300 per sq ft in Jun 2026. This trajectory reflects a softening in the local market, providing potential buyers with a more competitive entry point compared to the price levels observed throughout the previous three quarters.

How do property rates in Masjid Bunder compare to nearby neighbourhoods?

Property rates in Masjid Bunder vary significantly when compared to surrounding areas. For instance, Tardeo commands a premium at ₹89,400 per sq ft, having appreciated by 20.86% from Jun 2025 to Jun 2026, while Mazgaon is priced at ₹41,350 per sq ft, showing a 2.9% appreciation over the same period. Conversely, areas like Byculla East are priced at ₹32,550 per sq ft, which saw a depreciation of 7.72% from Jun 2025 to Jun 2026, highlighting the diverse pricing landscape within this part of Mumbai.

What is the price difference between Ready To Move and Well Occupied properties in Masjid Bunder?

As of Jun 2026, Ready To Move properties in Masjid Bunder are available at an average of ₹26,550 per sq ft, which has depreciated by 3.16% from Jun 2025 to Jun 2026. In comparison, Well Occupied properties are priced at ₹29,600 per sq ft, reflecting a marginal depreciation of 0.71% over the same period, suggesting that established, occupied buildings currently command a slight premium over standard ready-to-move inventory.

Which projects in Masjid Bunder currently command the highest listing rates?

Mirza Building leads the list of prominent projects in Masjid Bunder with a current listing rate of ₹33,350 per sq ft as of Jun 2026, reflecting a minor depreciation of 0.09% from Jun 2025 to Jun 2026. Other notable projects include Topiwala CHS at ₹29,150 per sq ft (depreciated by 11.11% from Jun 2025 to Jun 2026) and several projects like Rahat Tower CHS, Mukadam House, and Fancy Mahal, which are all listed at ₹28,950 per sq ft and have appreciated by 3.88% over the same period.

What are the current rental rates in the areas surrounding Masjid Bunder?

Rental rates in the vicinity of Masjid Bunder show significant variation based on the specific locality. As of Jun 2026, Churchgate commands the highest average rent at ₹250 per sq ft, having appreciated by 5.19% from Jun 2025 to Jun 2026. Other areas include Marine Lines and Marine Drive at ₹200 per sq ft, with Marine Lines appreciating by 0.46% and Marine Drive by 0.45% respectively, while Byculla offers more accessible rental options at ₹150 per sq ft, despite a depreciation of 6.18% over the same period.

How should investors interpret the rental trends in the localities near Masjid Bunder?

Investors looking at rental income near Masjid Bunder should note the high rental demand in premium pockets like Churchgate and Nagpada, where rates are ₹250 per sq ft and ₹200 per sq ft respectively. Nagpada, in particular, has seen a significant rental appreciation of 19.1% from Jun 2025 to Jun 2026, indicating strong growth in tenant demand. Conversely, areas like Girgaon and Byculla have seen rental depreciation of 4.46% and 6.18% respectively, suggesting that investors should carefully evaluate the specific micro-location's rental trajectory before committing to a purchase.