Senapati Bapat Marg Property Rates — ₹54,950/sq ft

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Property Rates in Senapati Bapat Marg

Property rates in Senapati Bapat Marg average ₹54,950 per sq ft. This prime corridor in Mumbai demonstrates high value, with a rental yield of 5.37% attracting significant investor attention. The market landscape is highlighted by premium projects like Kalpataru SBI Staff Quarters, which is currently priced at ₹58,950 per sq ft. With robust rental demand and consistent interest in luxury apartment segments, the locality remains a vital hub for high-end residential real estate.

Asking Sale Price

₹ 54,950/Sq.Ft.

For Apartment

Average Rental

₹ 246/Sq.Ft.

Rental Yield

+ 5.37%

Insights

Insights for Senapati Bapat Marg, Mumbai Real Estate Market Overview

The real estate market along Senapati Bapat Marg reflects a premium urban landscape characterized by high-value residential developments and steady rental interest. Property prices are currently averaging ₹54,950 per sq ft, supported by a mix of well-established projects that cater to a discerning buyer profile. Rental activity is particularly notable, with an average rental rate of ₹246 per sq ft and an impressive rental yield of 5.37%, making it an attractive destination for income-focused investors. The market also sees a healthy supply of ready-to-move units, providing immediate options for those seeking proximity to major business districts.

The average rental yield in this locality stands at 5.37%, signaling strong income-generating potential for property owners.
Premium developments like Kalpataru SBI Staff Quarters are leading the market with asking prices reaching ₹58,950 per sq ft.
Rental demand is diverse, with 2 BHK apartments averaging ₹2.48 Lakh per month and 3 BHK units commanding ₹3.2 Lakh per month.
Locality performance remains varied, with areas like Matunga West showing significant growth of 9.63% in property rates.
The ready-to-move segment currently features 12 available units, offering immediate possession opportunities for buyers.

Market Strengths

A strong rental yield of 5.37% highlights the locality's appeal to institutional and individual investors.
High-end projects like Kalpataru SBI Staff Quarters maintain strong market value at ₹58,950 per sq ft.
The area hosts a robust mix of luxury apartment options across prime Mumbai locations.
Significant growth in nearby areas like Matunga West (9.63%) and Prabhadevi (8.02%) bolsters overall market sentiment.
Consistent rental demand for 3 BHK units at ₹3.2 Lakh per month reflects a high-profile tenant base.

Market Challenges

Higher entry price points for prime projects may require significant capital investment.
Some established projects in the area have seen price corrections, such as a -8.13% change in Rizvi Heights.
Rental rates in specific sub-locations like Agar Bazar have experienced a sharp -36.55% adjustment.

Investment Opportunities

A healthy rental yield of 5.37% makes residential assets in this locality a compelling choice for long-term income.
2 BHK apartments offer a consistent rental income stream, averaging ₹2.48 Lakh per month.
3 BHK units cater to the luxury segment, with average monthly rents reaching ₹3.2 Lakh.
Areas like Matunga West have shown strong growth of 9.63%, suggesting high potential for capital appreciation.

Price Trend

Senapati Bapat Marg, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Senapati Bapat Marg Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Dadar West	54,150	-5.3
Dadar East	47,100	2
Prabhadevi	67,900	8
Shivaji Park	55,850	-0.5
Shivaji Park	55,850	-0.5
Matunga West	53,700	9.6
Parel	45,650	-0.9
Matunga	53,400	9
Wadala	36,950	-0.7
Matunga East	50,800	3.4

The surrounding micromarkets offer a wide spectrum of pricing, reflecting the diverse nature of Mumbai's real estate. Prabhadevi commands a premium at ₹67,900 per sq ft, while Shivaji Park hovers around ₹55,850 per sq ft. Matunga West shows strong growth, now averaging ₹53,700 per sq ft, and Parel remains a competitive option at ₹45,650 per sq ft. These variations allow investors to choose between high-growth zones and established, stable neighborhoods.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	12	40,950	-2.5

The market offers established inventory, with ready-to-move projects comprising 12 units currently averaging ₹40,950 per sq ft. This segment appeals to buyers prioritizing immediate possession and the ability to inspect completed infrastructure.

Project & Developer Insights

Top Residential Projects and Developers in Senapati Bapat Marg

Godrej Trilogy ₹ 18.88 Cr - ₹ 29.95 Cr

Mumbai South, Mumbai

LnT Island Cove ₹ 3.40 Cr - ₹ 6.34 Cr

Mumbai South, Mumbai

JP Codename Matunga Origins ₹ 2.93 Cr - ₹ 4.23 Cr

Mumbai South, Mumbai

Piramal Mahalaxmi ₹ 5.45 Cr - ₹ 14.03 Cr

Mumbai South, Mumbai

Runwal Timeless ₹ 1.59 Cr - ₹ 3.5 Cr

Mumbai South, Mumbai

Kalpataru Azuro ₹ 45 Cr - ₹ 71.98 Cr

Mumbai South, Mumbai

Lodha Malabar Price On Request

Mumbai South, Mumbai

Lodha Sea Face Price On Request

Mumbai South, Mumbai

Prestige Ocean Towers ₹ 31.35 Cr - ₹ 62.7 Cr

Mumbai South, Mumbai

Godrej Carmichael ₹ 87.92 Cr - ₹ 87.92 Cr

Mumbai South, Mumbai

New Launch

Under Construction

Ready to Move

Kalpataru ₹ 1.19 Cr - ₹ 71.98 Cr

84 Projects
50 Years

Ruparel ₹ 63.33 L - ₹ 6.94 Cr

44 Projects
19 Years

Raheja Universal ₹ 85 L - ₹ 26.39 Cr

58 Projects
39 Years

Buildarch Land Developers Pvt Ltd ₹ 2 Cr - ₹ 8.39 Cr

17 Projects

Sumit Woods Pvt Ltd ₹ 60.22 L - ₹ 7.01 Cr

47 Projects

Rizvi Builders ₹ 1.05 Cr - ₹ 3.58 Cr

35 Projects

Top Projects by Listing Rates

Listing Rate
By Rental

Project Name	Rate (₹/Sq.Ft)	Change %
Kalpataru Sbi Staff Quarters, Senapati Bapat Marg	58,950	7.6
Ruparel The Ridge, Senapati Bapat Marg	58,650	7.1
Buildarch Shree Sheetala Apartments, Senapati Bapat Marg	46,550	1.9
Buildarch Shiv Apartments, Senapati Bapat Marg	45,500	0.1
Masalawala Building, Senapati Bapat Marg	37,700	-0.4
Sumit Abode, Senapati Bapat Marg	35,550	-6.4
Raheja Belmonte, Senapati Bapat Marg	35,400	-6.8
Rizvi Heights, Senapati Bapat Marg	34,800	-8.1
Sofia Heights, Senapati Bapat Marg	34,800	-8.1
Sumeet Sadan Co Society Ltd, Senapati Bapat Marg	34,800	-8.1

Premium residential developments define the upper end of the Senapati Bapat Marg market. Kalpataru SBI Staff Quarters leads with an asking price of ₹58,950 per sq ft, followed closely by Ruparel The Ridge at ₹58,650 per sq ft. Other notable projects include Buildarch Shree Sheetala Apartments at ₹46,550 per sq ft and Buildarch Shiv Apartments at ₹45,500 per sq ft, showcasing the depth of the luxury segment.

Project Name	Rate (₹/Sq.Ft)	Change %
Rizvi Heights, Senapati Bapat Marg	164	-

Rizvi Heights serves as a benchmark for the rental market in the locality, with current rental rates at ₹164 per sq ft. This project reflects the stable rental environment present within the area's top residential developments.

Rental Trends

Rental Trends and Average Rent in Senapati Bapat Marg, Mumbai

The rental market for apartments is robust, with 2 BHK units averaging ₹2.48 Lakh per month. Larger 3 BHK residences command a premium, with monthly rents averaging ₹3.2 Lakh, reflecting the demand for spacious luxury living. Rental rates vary significantly across the region, with Century Mills and Gokhale Road commanding higher averages of ₹250 per sq ft. In contrast, areas like Dadar East and Kasaravadi offer more competitive rental entry points at ₹150 per sq ft. The apartment segment remains the primary focus for rentals in Senapati Bapat Marg, with an average rate of ₹250 per sq ft. This sector has seen a positive change of 8.37%, indicating steady demand for apartment-style living. Rizvi Heights serves as a benchmark for the rental market in the locality, with current rental rates at ₹164 per sq ft. This project reflects the stable rental environment present within the area's top residential developments.

Senapati Bapat Marg Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
2 Bhk	2,48,350
3 Bhk	3,20,000

Locality	Rate (₹/Sq.Ft)	Change %
Agar Bazar	150	-36.5
Gokhale Road	250	-0.4
Dadar West	150	-1.9
Dighe Nagar	200	11.1
Dadar East	150	-0.7
Chandrakant Dhuru Wadi	200	-
Prabhadevi	200	10.5
Kohinoor Mill	150	-
Kasaravadi	150	-26.4
Century Mills	250	0.8

Rental rates vary significantly across the region, with Century Mills and Gokhale Road commanding higher averages of ₹250 per sq ft. In contrast, areas like Dadar East and Kasaravadi offer more competitive rental entry points at ₹150 per sq ft.

Property Type	Rate (₹/Sq.Ft)	Change %
Apartment	250	8.4

The apartment segment remains the primary focus for rentals in Senapati Bapat Marg, with an average rate of ₹250 per sq ft. This sector has seen a positive change of 8.37%, indicating steady demand for apartment-style living.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 37,700 /Sq.Ft

Govt Registration Rate ₹ 18,300 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,200 /Sq.Ft

Thane

Avg. Asking Price ₹ 16,000 /Sq.Ft

Govt Registration Rate ₹ 9,650 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 15,100 /Sq.Ft

Pune

Avg. Asking Price ₹ 13,550 /Sq.Ft

Govt Registration Rate ₹ 8,750 /Sq.Ft

Noida

Avg. Asking Price ₹ 12,650 /Sq.Ft

Govt Registration Rate ₹ 9,100 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,400 /Sq.Ft

Chennai

Avg. Asking Price ₹ 9,200 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,800 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,600 /Sq.Ft

Govt Registration Rate ₹ 7,550 /Sq.Ft

Micromarket-Wise Property Price Trends Around Senapati Bapat Marg, Mumbai

Mumbai South

Avg. Asking Price ₹ 40,300 /Sq.Ft

Govt Registration Rate ₹ 29,500 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 39,650 /Sq.Ft

Govt Registration Rate ₹ 21,000 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 35,900 /Sq.Ft

Govt Registration Rate ₹ 21,600 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 32,400 /Sq.Ft

Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Senapati Bapat Marg, Mumbai

Senapati Bapat Marg, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Senapati Bapat Marg, Mumbai

What is the current average asking price in Senapati Bapat Marg?

As of June 2026, the average asking price in Senapati Bapat Marg stands at ₹54,950 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment for buyers and sellers in this locality.

How have property prices in the Senapati Bapat Marg micromarket trended recently?

The micromarket rate in Senapati Bapat Marg has shown a downward trajectory, moving from ₹46,350 per sq ft in March 2026 to ₹40,300 per sq ft as of June 2026. This recent shift reflects a market correction in the area, providing potential buyers with more competitive entry points compared to the previous quarter.

How do property prices in Senapati Bapat Marg compare to nearby neighbourhoods?

Property prices in the vicinity of Senapati Bapat Marg vary significantly, with Prabhadevi commanding the highest average asking price at ₹67,900 per sq ft, which has appreciated by 8.02% from June 2025 to June 2026. Conversely, Wadala offers a more accessible entry point at ₹36,950 per sq ft, having seen a minor depreciation of 0.68% over the same period. Other nearby areas like Dadar West and Matunga West are priced at ₹54,150 per sq ft and ₹53,700 per sq ft respectively, reflecting the premium nature of the broader region.

What is the price trend for Ready To Move properties in Senapati Bapat Marg?

As of June 2026, Ready To Move properties in Senapati Bapat Marg are available at an average price of ₹40,950 per sq ft. This segment has experienced a depreciation of 2.55% from June 2025 to June 2026, which may present a strategic opportunity for end-users looking to move into established projects without the wait time associated with under-construction developments.

What are the top-rated projects by listing price in Senapati Bapat Marg?

The premium segment in Senapati Bapat Marg is led by Kalpataru SBI Staff Quarters at ₹58,950 per sq ft, which has appreciated by 7.63% from June 2025 to June 2026, and Ruparel The Ridge at ₹58,650 per sq ft, which has seen an appreciation of 7.09% over the same period. These projects represent the higher end of the market, while other developments such as Masalawala Building and Sumit Abode are priced at ₹37,700 per sq ft and ₹35,550 per sq ft respectively, with the latter showing a depreciation of 6.39% from June 2025 to June 2026.

What is the average rental rate and rental yield for properties in Senapati Bapat Marg?

As of June 2026, the average rental rate in Senapati Bapat Marg is ₹246 per sq ft, representing a significant appreciation of 8.37% from June 2025 to June 2026. The locality currently offers a rental yield of 5.37%, a key metric for investors that indicates the annual income potential relative to the capital investment in the property.

What is the BHK-wise rental pattern for apartments in Senapati Bapat Marg?

Rental rates in Senapati Bapat Marg are segmented by unit size, with 2 BHK apartments averaging ₹2.48 Lakh per month and 3 BHK apartments averaging ₹3.2 Lakh per month as of June 2026. These figures provide a clear benchmark for tenants and landlords, reflecting the demand for larger, premium residential spaces in this well-connected locality.

How do rental rates vary across different micromarkets near Senapati Bapat Marg?

Rental rates show diverse trends across the area; for instance, Gokhale Road and Century Mills both command a premium at ₹250 per sq ft, with Century Mills seeing a slight appreciation of 0.8% from June 2025 to June 2026. In contrast, areas like Agar Bazar and Kasaravadi are priced at ₹150 per sq ft, with Agar Bazar experiencing a notable depreciation of 36.55% over the same period, suggesting a wide range of rental options depending on the specific sub-locality.