Mumbai
The Pali Hill real estate market maintains a strong position in Mumbai, characterized by high-value luxury properties and consistent buyer interest. Over the recent quarters, price trends have shown dynamic fluctuations, reflecting the area's premium status and limited supply. The rental segment is particularly active, offering solid yields for investors, while the registration data underscores steady transaction activity. Developer activity remains focused on catering to an elite demographic, with several high-profile projects setting the benchmark for luxury living in the region.
The average asking price in Pali Hill is ₹82,900 per sq ft as of June 2026. This figure represents a depreciation of 16.51% compared to the previous period, reflecting recent adjustments in the local real estate market.
As of June 2026, the average asking price in Pali Hill stands at ₹82,900 per sq ft, while the Government Registration Rate is recorded at ₹49,950 per sq ft. This gap between the market-driven asking price and the government-notified rate is a key metric for buyers and investors to consider when assessing the true cost of acquisition and tax implications in this locality.
The rental yield in Pali Hill is 3.26% as of June 2026. For investors, this yield provides a measure of the annual rental income relative to the property's capital value, helping them evaluate the income-generating potential of residential assets in this premium neighbourhood.
Rental rates in Pali Hill scale significantly with unit size as of June 2026: 1 BHK apartments average ₹73,000 per month, 2 BHKs average ₹1.56 Lakh per month, 3 BHKs average ₹3.19 Lakh per month, and 4 BHKs average ₹5.75 Lakh per month. This progression reflects the demand for larger, premium living spaces in the area, catering to diverse tenant profiles ranging from professionals to large families.
As of June 2026, the top projects by rental rates in Pali Hill include Rustomjee Parishram at ₹294 per sq ft, followed by Girnar Apartment Pali Hill at ₹273 per sq ft, and Silver Rock Apartment at ₹268 per sq ft. Silver Rock Apartment has seen an appreciation of 6.77% in its rental rate, while Metropolitan CHS has appreciated by 9.87% compared to the prior period, highlighting the premium status of these specific residential developments.
As of June 2026, property prices in Pali Hill vary by development stage: Ready To Move units are priced at ₹61,000 per sq ft (appreciating by 1.03% from the previous period), while Under Construction projects average ₹96,850 per sq ft (depreciating by 2.77%). Additionally, Well Occupied properties are at ₹62,950 per sq ft (appreciating by 2.34%) and New Launch projects are at ₹57,700 per sq ft (depreciating by 29.01%). These variations reflect the risk-reward profile and the premium associated with different stages of project completion.
Rizvi Builders leads the transaction activity in Pali Hill with 5 recorded transactions, followed by Ashar Group with 2 transactions and Happy Home Group with 1 transaction as of June 2026. This transaction volume serves as a signal of developer presence and market liquidity within the locality.
Property rates in Pali Hill have shown a fluctuating trajectory. As of June 2026, the location rate is recorded at ₹82,900 per sq ft, following a period of ₹82,900 in March 2026, ₹99,300 in December 2025, and ₹78,000 in September 2025. Investors should note these shifts as they reflect the evolving demand and supply dynamics in this high-value market.
Rental rates vary across nearby areas as of June 2026, with Ambedkar Colony commanding ₹300 per sq ft and Carter Road at ₹250 per sq ft. Other areas like Khar West, Vithaldas Nagar, and Turner Road maintain an average of ₹200 per sq ft. Notably, Chimbai Village has seen a significant rental appreciation of 32.8%, while St. Peters Colony has appreciated by 11.7% and Khar West by 5.79%, indicating shifting rental demand patterns in the surrounding micro-markets.
Ashar Navroze Apartment leads the market in Pali Hill with a total sale value of ₹71.87 Cr across 2 transactions as of June 2026. Other significant projects by value include Hill Top Apartment at ₹9 Cr and Jolly Highrise Apartments at ₹6.45 Cr, reflecting the premium segment's dominance in the local real estate landscape.
