Property Rates in Pali Hill, Mumbai

Property prices in Pali Hill have shown significant fluctuations over the past few quarters. From June 2025 to September 2025, prices appreciated by 35.15% from ₹57,721 to ₹77,993 per sq ft. However, there was a substantial depreciation of 16.51% from December 2025 (₹99,318 per sq ft) to March 2026 (₹82,916 per sq ft). This indicates a volatile market with periods of rapid growth followed by price corrections.

As of March 2026, the average asking price in Pali Hill stands at ₹82,916 per sq ft, while the Government Registration Rate is ₹51,048 per sq ft. This indicates a significant difference of ₹31,868 per sq ft between what sellers are asking and the rate at which properties are being registered. This gap might suggest that market sentiment and negotiation play a crucial role in final transaction values in Pali Hill.

Property rates vary considerably across neighborhoods near Pali Hill. As of March 2026, Bandra West shows a strong average rate of ₹62,005 per sq ft, appreciating by 8.15% from the previous period. Khar West is also a premium area with rates at ₹61,076 per sq ft, up by 3.51%. In contrast, areas like Vakola have significantly lower rates at ₹29,487 per sq ft, showing a depreciation of 15.46%, and Daulat Nagar is priced at ₹27,184 per sq ft with no recorded change. This highlights distinct pricing tiers within the broader Pali Hill vicinity.

As of March 2026, the average price for apartments in Pali Hill is ₹82,916 per sq ft. This figure has seen a depreciation of 16.51% compared to the rate in December 2025. This indicates a softening in apartment prices during the most recent reporting period.

In Pali Hill, Ready To Move properties are priced at an average of ₹60,368 per sq ft as of March 2026, showing a notable appreciation of 16.9% from the previous period. Under Construction properties, however, are priced significantly higher at ₹99,622 per sq ft, with a 15.83% appreciation. This price difference suggests that buyers might be willing to pay a premium for immediate occupancy, while new developments also command higher rates, reflecting their future potential or premium features.

As of March 2026, the projects with the highest transaction activity in Pali Hill include Happy Home Jade Gardens, Cosmopolitan Apsara Apartment, and Manju Mahal Apartment, each recording one transaction. Happy Home Jade Gardens has a current rate of ₹60,790 per sq ft and saw a slight appreciation of 1.80%. While each project had a single transaction, their presence in this list indicates ongoing buyer interest in these specific developments.

As of March 2026, several projects in Pali Hill stand out for their high listing rates. Rustomjee Parishram is listed at ₹1.37 Lakh per sq ft, Rustomjee The Panorama at ₹1.22 Lakh per sq ft, and Prestige Daffodils CHS also at ₹1.22 Lakh per sq ft. These projects, along with Wadhwa Samarpan, Supreme The One, and Puja Casa Apartments, represent the premium end of the market in Pali Hill, with listing rates ranging from ₹1 Lakh to ₹1.37 Lakh per sq ft.

As of March 2026, Rustomjee and Hicons Developers Pvt Ltd are the developers with the highest number of transactions in Pali Hill, each recording one transaction. Rustomjee's projects are noted for their presence in the top listing rates, while Hicons Developers also shows activity in this market.

As of March 2026, the average rental rate in Pali Hill is ₹225 per sq ft. The rental yield for the area is reported at 3.26%. A rental yield of 3.26% suggests that property owners can expect to earn approximately 3.26% of the property's capital value as rental income annually. This figure provides an indication of the rental income potential relative to the property's market value for investors.

In Pali Hill, rental rates vary significantly by BHK configuration. As of March 2026, a 1 BHK apartment commands an average rent of ₹73,000 per month. This increases substantially for larger units, with 2 BHK apartments averaging ₹1.56 Lakh per month, 3 BHK apartments at ₹3.19 Lakh per month, and 4 BHK apartments reaching an average of ₹5.75 Lakh per month. This escalating rental demand for larger units suggests a preference for spacious living among renters in the area.

Rental rates in micro-markets near Pali Hill show considerable variation. Carter Road has a high average rental rate of ₹266 per sq ft, while Ambedkar Colony is even higher at ₹287 per sq ft. Khar West offers rentals at ₹201 per sq ft, showing a 5.79% appreciation. Areas like Chimbai Village have seen a significant 32.8% increase in rental rates, now averaging ₹166 per sq ft. Conversely, Govind Dham has experienced a slight depreciation, with rates at ₹173 per sq ft, down by 1.7%.

As of March 2026, Rustomjee Parishram leads in rental rates within Pali Hill 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. Metropolitan CHS is also notable with a rate of ₹256 per sq ft. These projects represent the premium segment of the rental market in Pali Hill, attracting tenants willing to pay higher rents for their amenities and location.

As of March 2026, the average rental rate for apartments in Pali Hill is ₹225 per sq ft, which aligns with the overall average rental rate for the locality. This rate has appreciated by 4.65% compared to the previous period, indicating a steady increase in demand for rental apartments in Pali Hill.