Property Rates in Mumbai Western Suburbs, Mumbai 2026

As of June 2026, the average asking price in Mumbai Western Suburbs stands at ₹34,900 per sq ft, while the Government Registration Rate is ₹21,350 per sq ft. This gap between the market-driven asking price and the government-notified rate is a key metric for buyers to consider when evaluating the total cost of acquisition and stamp duty implications.

Pali Hill currently commands the highest average asking price in the region at ₹82,900 per sq ft, although this represents a depreciation of 16.51% compared to the previous period. Other premium neighbourhoods include Bandra West at ₹62,000 per sq ft (which has appreciated by 3.52%) and Khar West at ₹61,100 per sq ft (which has seen an appreciation of 1.17%) as of June 2026.

Apartment prices in Mumbai Western Suburbs have shown positive growth, with an average price of ₹35,900 per sq ft as of June 2026, marking an appreciation of 2.83% over the observed period. This upward trend suggests a resilient market for residential apartments, supported by consistent interest from both end-users and investors in the region.

The current rental yield in Mumbai Western Suburbs is 3.40% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a critical indicator of the potential return on investment before accounting for capital appreciation.

As of June 2026, rental rates vary significantly by unit size: Studios average ₹27,350 per month, 1 BHKs average ₹43,350 per month, 2 BHKs average ₹75,700 per month, 3 BHKs average ₹1.46 Lakh per month, 4 BHKs average ₹2.74 Lakh per month, and 5 BHKs average ₹4.36 Lakh per month. These figures help tenants and landlords understand the market positioning for different residential requirements.

Top projects by rental rates include Rustomjee Parishram at ₹294 per sq ft, S Raheja Evergreen at ₹292 per sq ft, and Rizvi Complex Phase II at ₹288 per sq ft as of June 2026. These projects are primarily located in premium areas like Bandra West and Pali Hill, where demand for high-end residential space remains strong.

Rental rates vary by property type, with showrooms leading at ₹400 per sq ft (an appreciation of 12.72% from the previous period) and shops at ₹250 per sq ft (a depreciation of 3.89%). Apartments currently average ₹100 per sq ft, showing an appreciation of 3.81% as of June 2026, reflecting the diverse commercial and residential rental landscape in the region.

As of June 2026, Ready To Move projects in Mumbai Western Suburbs are priced at an average of ₹30,450 per sq ft (an appreciation of 1.09%), while Under Construction projects are priced at ₹31,950 per sq ft (an appreciation of 1.89%). The higher price for Under Construction units often reflects the premium associated with newer amenities and modern building standards compared to the existing stock.

Oberoi Realty, MPCHFL, Rustomjee, and Kalpataru are among the top developers by transaction activity, each recording 6 transactions as of June 2026. This level of activity highlights these developers' significant presence and the trust buyers place in their projects within the Mumbai Western Suburbs market.

Buyers should observe the quarterly price trajectory to gauge market health. For instance, the micromarket rate in Mumbai Western Suburbs was ₹21,600 per sq ft in June 2026, compared to ₹21,700 per sq ft in March 2026, indicating a period of relative price stability. Analyzing these trends helps in timing property purchases to align with market corrections or growth cycles.

The current listing count of 10,000 properties in Mumbai Western Suburbs as of June 2026 indicates a highly active and liquid market. For buyers, this high volume of available inventory provides a wide range of choices across different budgets and project statuses, allowing for better price discovery and comparison.