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 offers a range of residential options, with ready-to-move projects currently seeing an average price of ₹26,550 per sq ft. The market is defined by its historic charm and central connectivity, attracting buyers looking for established residential units. With well-occupied properties trading at higher premiums, the area serves as a significant hub for those prioritizing central urban living.

Insights

Insights for Masjid Bunder, Mumbai Real Estate Market Overview

The Masjid Bunder real estate market reflects a stable environment for prospective homeowners and investors. Property values here remain competitive compared to surrounding South Mumbai pockets, with a focus on ready-to-occupy residential units that offer immediate value. Rental demand remains steady across the region, supported by consistent interest in central commercial and residential corridors. Recent registration data confirms ongoing transaction activity, underscoring the area's enduring appeal as a key residential and commercial node.

Ready-to-move residential properties represent the bulk of supply, averaging ₹26,550 per sq ft.
The Mirza Building stands out among local projects with an asking rate of ₹33,350 per sq ft.
Rental rates in neighboring Nagpada have seen a significant increase of 19.1%.
Well-occupied properties in the locality command a premium, averaging ₹29,600 per sq ft.
Nearby Tardeo has experienced a sharp price growth of 20.86%, influencing the broader South Mumbai market sentiment.

Market Strengths

The area maintains a solid average asking price of ₹27,600 per sq ft.
High volume of ready-to-move units provides ample choice for immediate buyers.
Strong rental demand in surrounding areas like Marine Lines and Churchgate supports the overall investment attractiveness of South Mumbai.
Consistent registration activity with 10 recorded transactions indicates a liquid market.
Proximity to high-value hubs like Tardeo and Mazgaon adds prestige and potential for appreciation.

Market Challenges

Ready-to-move inventory has experienced a price adjustment of -3.16%.
Well-occupied properties have seen a minor price softening of -0.71%.
Topiwala CHS has recorded a price change of -11.11%, reflecting localized market fluctuations.
Daya Mandir CHS shows a significant price change of -18.03%, indicating specific volatility in certain older projects.

Investment Opportunities

Ready-to-move residential units offer a stable entry point at ₹26,550 per sq ft.
Well-occupied properties provide a higher price point of ₹29,600 per sq ft, signaling strong demand.
Proximity to high-growth areas like Tardeo, which saw a 20.86% price increase, may positively influence long-term value.
Rental yields in nearby Churchgate, reaching ₹250 per sq ft, highlight the potential for rental income in the broader South Mumbai region.

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

Masjid Bunder sits within a competitive landscape of South Mumbai neighborhoods. Nearby Mazgaon commands a higher average rate of ₹41,350 per sq ft, showing a growth of 2.9%. Meanwhile, Nagpada is priced at ₹35,050 per sq ft, while the luxury segment in Tardeo reaches up to ₹89,400 per sq ft. These variations highlight the distinct premium associated with different pockets of the city.

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

The Masjid Bunder market offers properties at different stages of development to suit buyer needs. Ready-to-move units, which consist of 34 listings, currently average ₹26,550 per sq ft after a change of -3.16%. Additionally, well-occupied properties are priced at ₹29,600 per sq ft, reflecting a stable market for those seeking immediate occupancy in a mature neighborhood.

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 ₹ 30.69 Cr - ₹ 59.84 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
Sook Na Manzil, Masjid Bunder	28,950	3.4
Chedda Mansion, Masjid Bunder	28,950	3.9
Mukadam House, Masjid Bunder	28,950	3.9
Fancy Mahal, Masjid Bunder	28,950	3.9
Rahat Tower Chs, Masjid Bunder	28,950	3.9
Neela Bhavan, Masjid Bunder	28,800	2.8
Daya Mandir Chs, Masjid Bunder	26,650	-18
Merchant Building, Masjid Bunder	25,950	-1.1

Premium residential developments in Masjid Bunder cater to a variety of buyer preferences. Mirza Building leads the list with an asking rate of ₹33,350 per sq ft, while Topiwala CHS is priced at ₹29,150 per sq ft. Other notable projects such as Sook Na Manzil, Chedda Mansion, and Mukadam House are all positioned at approximately ₹28,950 per sq ft, offering consistent value for investors.

Government Registrations

Government Registration in Masjid Bunder, Mumbai

Official registration data indicates steady activity in Masjid Bunder, with 10 transactions recorded between October and September. These registrations represent a total gross value of ₹5 Cr, highlighting consistent buyer interest in the local property market.

Sales Transactions 10

Gross Sales Value ₹ 5 Cr

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,000 /Sq.Ft

Govt Registration Rate ₹ 13,950 /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

Hyderabad

Avg. Asking Price ₹ 9,400 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /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 June 2026, the average asking price in Masjid Bunder is ₹27,600 per sq ft. This rate has remained stable, showing a 0% change, which indicates a period of price equilibrium in the local residential market.

How have property prices in Masjid Bunder trended recently?

Property prices in Masjid Bunder have experienced a downward trend in the recent quarters. As of June 2026, the micromarket rate stands at ₹40,300 per sq ft, down from ₹46,350 per sq ft in March 2026 and December 2025, reflecting a softening in market demand or increased supply pressure during this period.

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

Property rates in Masjid Bunder vary significantly compared to surrounding areas in South Mumbai. For instance, Tardeo commands a higher average rate of ₹89,400 per sq ft, having appreciated by 20.86% from June 2025 to June 2026. Conversely, areas like Byculla East show a rate of ₹32,550 per sq ft, which has depreciated by 7.72% over the same period, highlighting the diverse pricing landscape across these neighbouring localities.

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

As of June 2026, Ready To Move properties in Masjid Bunder are priced at an average of ₹26,550 per sq ft, having depreciated by 3.16% compared to the previous period. In contrast, Well Occupied properties are currently priced at ₹29,600 per sq ft, which reflects a marginal depreciation of 0.71% over the same timeframe.

Which projects in Masjid Bunder have the highest listing rates?

Mirza Building currently leads with the highest listing rate in Masjid Bunder at ₹33,350 per sq ft, showing a slight depreciation of 0.09%. Other prominent projects include Topiwala CHS at ₹29,150 per sq ft (depreciated by 11.11%) and Sook Na Manzil at ₹28,950 per sq ft, which has appreciated by 3.42% as of June 2026.

What do the rental rates in areas surrounding Masjid Bunder look like?

Rental rates in the vicinity of Masjid Bunder show a wide range, reflecting the premium nature of South Mumbai. Churchgate currently commands the highest rental rate at ₹250 per sq ft, having appreciated by 5.19% from June 2025 to June 2026. Other areas like Nagpada have seen significant rental growth, reaching ₹200 per sq ft with a 19.1% appreciation, while Byculla has seen a rental correction, currently at ₹150 per sq ft after a 6.18% depreciation over the same period.

Are there any notable rental trends for investors looking near Masjid Bunder?

Investors evaluating the rental market near Masjid Bunder should note that high-demand areas like Marine Lines and Marine Drive currently offer rental rates of ₹200 per sq ft. Marine Lines has seen a stable appreciation of 0.46%, while Marine Drive has grown by 0.45% from June 2025 to June 2026. These figures suggest a consistent rental environment in these established hubs, contrasting with more volatile areas like Byculla or Girgaon.