Property Rates in Senapati Bapat Marg, Mumbai 2026

Property prices in Senapati Bapat Marg vary significantly when compared to surrounding areas. As of June 2026, Prabhadevi commands a higher average asking price of ₹62,850 per sq ft, despite a 1.63% depreciation from the previous period. Conversely, areas like Wadala offer more accessible entry points at ₹37,250 per sq ft, which has appreciated by 2.52% over the same timeframe. Other nearby localities like Dadar West and Dadar East are priced at ₹57,200 per sq ft (up 3.19%) and ₹46,200 per sq ft (down 6.43%), respectively.

As of June 2026, Ready To Move properties in Senapati Bapat Marg are priced at an average of ₹37,650 per sq ft, reflecting an appreciation of 3.65% compared to the previous period. Meanwhile, Well Occupied properties command a premium, with an average price of ₹50,750 per sq ft, which has appreciated by 5.86% over the same period. This price gap highlights the premium buyers are willing to pay for established, high-occupancy communities.

The average rental rate in Senapati Bapat Marg stands at ₹227 per sq ft as of June 2026, with no change in rates recorded over the recent period. The locality currently offers a rental yield of 4.96%, which is a key metric for investors evaluating the income-generating potential of their property relative to the capital investment required for purchase.

As of June 2026, rental rates in Senapati Bapat Marg are segmented by unit size to cater to different tenant profiles. A 2 BHK apartment typically rents for ₹1.09 Lakh per month, while a 3 BHK apartment commands a significantly higher average of ₹3.25 Lakh per month. These figures provide a clear benchmark for landlords and tenants to understand the monthly rental expectations for residential apartments in the area.

As of June 2026, Kalpataru SBI Staff Quarters and Ruparel The Ridge lead the market in listing rates at ₹58,500 per sq ft and ₹58,450 per sq ft, respectively. Kalpataru SBI Staff Quarters has seen a notable appreciation of 8.77% compared to the previous period, while Ruparel The Ridge has appreciated by 5.44%. Other premium projects include Buildarch Shree Sheetala Apartments at ₹46,300 per sq ft (up 4.2%) and Masalawala Building at ₹37,350 per sq ft, which recorded a significant appreciation of 11.97%.

An investor should view the 4.96% rental yield in Senapati Bapat Marg as a measure of annual return on investment from rental income. As of June 2026, this yield, paired with the average rental rate of ₹227 per sq ft, helps investors compare the income potential of properties here against other financial instruments. Since rental rates have remained stable at 0% change, investors should focus on long-term capital appreciation trends alongside this steady rental income.

Yes, rental rates show distinct variations across nearby areas as of June 2026. Agar Bazar and Gokhale Road command the highest rental rates in the vicinity at ₹250 per sq ft. In contrast, Hindu Colony offers a lower rental rate of ₹100 per sq ft. Notably, Agar Bazar has seen a substantial appreciation of 116.52% compared to the previous period, whereas Dadar West has seen a 3.59% depreciation, settling at ₹150 per sq ft.

The price trend data for Senapati Bapat Marg shows that the micromarket rate remained at ₹46,350 per sq ft from December 2025 through March 2026, following a slight increase from ₹46,200 per sq ft in September 2025. This trajectory suggests a period of price stability, which can be advantageous for end-users looking for predictable pricing before committing to a purchase. Buyers should monitor these quarterly shifts to time their entry into the market effectively.