Property Rates in Mumbai Western Suburbs, Mumbai

Property prices in Mumbai Western Suburbs have shown an upward trend over the past year. From Jun 2025 to Mar 2026, the average micromarket rate has seen a significant increase, moving from ₹21,028 per sq ft in Jun 2025 to ₹34,893 per sq ft in Mar 2026. This trajectory suggests growing demand and potentially stronger investment potential in the region.

As of Mar 2026, the average asking price in Mumbai Western Suburbs stands at ₹34,893 per sq ft, while the Government Registration Rate is ₹21,180 per sq ft. This significant difference suggests that the market is currently commanding prices substantially higher than the officially registered transaction values, which could be influenced by various market dynamics.

Property prices vary significantly across neighborhoods in Mumbai Western Suburbs. Pali Hill leads with an average rate of ₹82,916 per sq ft, showing a 6.31% appreciation. Other premium areas include Bandra West (₹62,005 per sq ft, up 8.15%) and Khar West (₹61,076 per sq ft, up 3.51%). In contrast, areas like Amboli have seen a depreciation of 7.89% to ₹35,245 per sq ft, while Nagpada is priced at ₹35,110 per sq ft with a 3.26% appreciation.

As of Mar 2026, property prices in Mumbai Western Suburbs differ by type. Villas command the highest average price at ₹75,285 per sq ft, experiencing a substantial 138% increase. Apartments are priced at ₹34,893 per sq ft, up by 0.9%, while shops are averaging ₹65,845 per sq ft, though they have seen a decrease of 11.3%. Office spaces are at ₹39,161 per sq ft with a 2.49% decrease, and co-working spaces are priced at ₹30,391 per sq ft, showing a slight increase of 0.15%.

As of Mar 2026, property prices in Mumbai Western Suburbs vary by construction status. 'Ready To Move' properties are priced at ₹30,104 per sq ft, with a marginal 0.06% increase. 'Under Construction' properties are priced higher at ₹31,371 per sq ft, appreciating by 1.2%. 'Advanced Stage' projects are at ₹32,959 per sq ft, showing a strong 8.28% appreciation, while 'New Launch' properties are ₹30,373 per sq ft, up by 3.15%.

Chandak Nishchay in Dahisar East has recorded the highest number of transactions with 17 units, priced at ₹27,533 per sq ft, an increase of 4.65%. Omkar Alta Monte in Malad East follows with 16 transactions at ₹29,760 per sq ft. Kalpataru Radiance in Goregaon West has seen 14 transactions, with prices at ₹36,420 per sq ft, an appreciation of 4.00%.

As of Mar 2026, Omkar Alta Monte in Malad East leads in transaction value at ₹53.81 Cr, with a current rate of ₹29,760 per sq ft. MJ 81 Aureate in Bandra West follows with a significant value of ₹50 Cr, priced at ₹49,272 per sq ft. Kalpataru Radiance in Goregaon West ranks third with a value of ₹45.31 Cr, at ₹36,420 per sq ft.

Kalpataru has the highest number of transactions with 73 units in Mumbai Western Suburbs. MPCHFL follows with 54 transactions, and Bhoomi Group has recorded 41 transactions. Kanakia Spaces is also active with 40 transactions, while Lokhandwala Construction has seen 34 transactions.

Kalpataru leads in transaction value in Mumbai Western Suburbs with ₹242.45 Cr from 73 transactions. Oberoi Realty follows with ₹131.64 Cr from 23 transactions, and Rustomjee has generated ₹99.29 Cr from 21 transactions. The Wadhwa Group is also prominent, with ₹76.23 Cr from 23 transactions.

As of Mar 2026, the average rental rate in Mumbai Western Suburbs is ₹105 per sq ft. The area offers a rental yield of 3.61%, which indicates the potential return on investment for property owners through rental income relative to property value.

Rental rates in Mumbai Western Suburbs show a clear progression with BHK configuration. Studios average ₹27,327 per month, while 1 BHK apartments are around ₹42,138 per month. Larger configurations like 2 BHK command ₹72,991 per month, 3 BHK are ₹1.4 Lakh per month, 4 BHK reach ₹2.52 Lakh per month, and 5 BHK apartments average ₹4.16 Lakh per month, reflecting increasing demand for larger living spaces.

Kala Nagar leads in average rental rates within Mumbai Western Suburbs at ₹283 per sq ft, with no change reported. B Block BKC follows closely at ₹243 per sq ft, also with no reported change. Ram Krishna Nagar is at ₹236 per sq ft, and Ranwar is at ₹233 per sq ft. Pali Hill shows a 4.65% appreciation in rental rates to ₹225 per sq ft, while Bandra West has seen a significant 13.23% increase to ₹214 per sq ft.

As of Mar 2026, rental rates in Mumbai Western Suburbs vary by property type. Apartments are the most common, averaging ₹105 per sq ft with a 6.06% increase. Villas are available for rent at ₹150 per sq ft, up by 11.94%. Shops have an average rental rate of ₹283 per sq ft, showing a 13.2% increase, while office spaces are at ₹208 per sq ft, down by 4.59%. Showrooms are priced at ₹346 per sq ft, with a 5.46% decrease.

As of Mar 2026, Rustomjee Parishram in Pali Hill offers a high rental rate of ₹294 per sq ft. S Raheja Evergreen and Rizvi Complex Phase II, both in Bandra West, are also among the top rental projects with rates of ₹292 per sq ft and ₹288 per sq ft, respectively. Arth Crown Palace and Nibbana Apartments, also in Bandra West, are listed with rental rates of ₹283 per sq ft and ₹281 per sq ft, indicating premium rental demand in these prime localities.