Property Rates in Mumbai Western Suburbs, Mumbai

As of Mar 2026, the average asking price in Mumbai Western Suburbs stands at ₹34,900 per sq ft, while the government registration rate is ₹21,400 per sq ft. This indicates a significant difference, with asking prices being considerably higher than the rates at which properties are officially registered. This gap can be influenced by various market factors and negotiation dynamics.

Property prices in Mumbai Western Suburbs have shown an upward trend over the past few quarters. From Dec 2025 to Mar 2026, the city rate appreciated from ₹37,700 per sq ft to ₹38,600 per sq ft. Prior to that, from Sep 2025 to Dec 2025, prices rose from ₹35,550 per sq ft to ₹37,700 per sq ft. This consistent appreciation suggests a strengthening market, potentially driven by sustained demand or limited inventory.

Property prices in Mumbai Western Suburbs exhibit significant variation across its micromarkets as of Mar 2026. Pali Hill leads with an average rate of ₹82,900 per sq ft, though it has depreciated by 16.51% from the previous period. Bandra West follows at ₹62,000 per sq ft, showing a 3.52% appreciation, while Khar West is at ₹61,100 per sq ft with a 1.17% appreciation. Conversely, areas like Gokuldham Colony have seen a depreciation of 6.47% to ₹46,950 per sq ft, and Andheri West is priced at ₹40,000 per sq ft with a 0.71% depreciation.

As of Mar 2026, the average asking price for apartments in Mumbai Western Suburbs is ₹34,900 per sq ft, which has appreciated by 0.9%. Villas command a higher average rate of ₹75,300 per sq ft, showing a substantial appreciation of 138%. Commercial properties like shops are priced at ₹65,850 per sq ft with a depreciation of 11.3%, and office spaces are at ₹39,150 per sq ft, having depreciated by 2.49%.

In Mumbai Western Suburbs as of Mar 2026, 'Ready To Move' properties have an average price of ₹30,550 per sq ft, appreciating by 1.48%. 'Under Construction' properties are priced at ₹32,100 per sq ft, with a 2.34% appreciation. 'New Launch' properties are at ₹31,600 per sq ft, showing a 4.04% appreciation. Properties in 'Project On Hold' status have seen a significant depreciation of 19.39%, with an average price of ₹32,900 per sq ft.

As of Mar 2026, Sheth Vasant Oasis in Andheri East (Marol) recorded the highest transaction activity with 19 transactions, and its rate appreciated by 7.77% to ₹35,900 per sq ft. Chandak Nishchay in Dahisar East (Maratha Colony) followed with 18 transactions, though its rate depreciated by 5.49% to ₹28,700 per sq ft. Gurukrupa Marina Enclave in Malad West (Kharodi) also had 17 transactions, with its rate appreciating by 4.23% to ₹27,350 per sq ft.

As of Mar 2026, Ashar Navroze Apartment in Pali Hill leads by transaction value with ₹71.87 Cr, despite having only 2 transactions. Oberoi Sky City in Borivali East (Khande Rao Dongari) follows with a value of ₹61 Cr from 12 transactions, and its rate depreciated by 2.24% to ₹47,750 per sq ft. Sheth Vasant Oasis in Andheri East (Marol) ranks third with ₹55.6 Cr from 19 transactions, its rate appreciating by 7.77%.

As of Mar 2026, MPCHFL leads in transaction volume in Mumbai Western Suburbs with 80 transactions. Oberoi Realty follows with 36 transactions, and Chandak is third with 30 transactions. Sheth Creators has 28 transactions, while Bhoomi Group and Kalpataru each have 26 transactions, indicating significant market presence for these developers.

As of Mar 2026, Oberoi Realty leads in total transaction value in Mumbai Western Suburbs with ₹192.3 Cr from 36 transactions. Kalpataru follows with ₹77.27 Cr from 26 transactions, and Sheth Creators ranks third with ₹75.99 Cr from 28 transactions. Ashar Group has a notable ₹71.87 Cr from just 2 transactions.

As of Mar 2026, the average rental rate in Mumbai Western Suburbs is ₹99 per sq ft, which has seen a depreciation of 5.71%. The average rental yield for the region is 3.40%. This yield indicates the potential return on investment for property owners based on rental income relative to property value, suggesting a moderate income generation potential for landlords.

In Mumbai Western Suburbs as of Mar 2026, rental rates vary significantly by BHK configuration. Studios are available for an average of ₹27,350 per month, while 1 BHK apartments average ₹42,150 per month. Larger configurations command higher rents, with 2 BHKs averaging ₹73,000 per month, 3 BHKs at ₹1.4 Lakh per month, 4 BHKs at ₹2.52 Lakh per month, and 5 BHKs reaching ₹4.16 Lakh per month, reflecting demand for spacious living in prime areas.

As of Mar 2026, Kala Nagar in Mumbai Western Suburbs has the highest average rental rate at ₹300 per sq ft, with no change reported. B Block BKC, Ram Krishna Nagar, and Ranwar also show high rental rates of ₹250 per sq ft, with no reported changes. Pali Hill has an average rental rate of ₹250 per sq ft, appreciating by 4.65%, while Bandra West offers rentals at ₹200 per sq ft, showing a significant appreciation of 13.23%.

As of Mar 2026, several projects in Mumbai Western Suburbs feature high rental rates per square foot. Rustomjee Parishram in Pali Hill has a current rental rate of ₹294 per sq ft. S Raheja Evergreen and Rizvi Complex Phase II, both in Bandra West, are listed at ₹292 per sq ft and ₹288 per sq ft respectively. Arth Crown Palace and Nibbana Apartments, also in Bandra West, are at ₹283 per sq ft and ₹281 per sq ft, indicating premium rental demand in these prime localities.

The property rate data for Mumbai Western Suburbs provides a comprehensive view for decision-making. You can compare average asking prices (₹34,900 per sq ft as of Mar 2026) against government registration rates (₹21,400 per sq ft) to understand market premiums. Analyzing price trends quarter-over-quarter reveals market momentum. Comparing rates across micromarkets like Pali Hill (₹82,900 per sq ft) versus Andheri West (₹40,000 per sq ft) helps identify location-specific value. Furthermore, understanding pricing by property type (apartments vs. villas) and status (Ready To Move vs. Under Construction) allows for targeted searches. The rental data, including average yields (3.40%) and BHK-wise rentals, is crucial for investors assessing income potential.