Property Rates in Senapati Bapat Marg, Mumbai 2026

The property price trend in Senapati Bapat Marg has shown fluctuations over the last few quarters. As of June 2026, the micromarket rate stands at ₹40,300 per sq ft, following a period of ₹46,350 per sq ft recorded in both March 2026 and December 2025. This downward trajectory from the previous quarter suggests a period of market correction or a shift in the inventory mix available in the area.

Property rates in the vicinity of Senapati Bapat Marg vary significantly depending on the specific locality. As of June 2026, Prabhadevi commands the highest average asking price at ₹67,900 per sq ft, having appreciated by 8.02% compared to the prior period. Conversely, Wadala offers a more accessible entry point at ₹36,950 per sq ft, which has seen a minor depreciation of 0.68% over the same timeframe. Other areas like Dadar West and Dadar East are priced at ₹54,150 per sq ft and ₹47,100 per sq ft, respectively, reflecting the diverse pricing landscape within this part of Mumbai.

As of June 2026, the average rental rate in Senapati Bapat Marg is ₹246 per sq ft, which has appreciated by 8.37% compared to the previous period. The area currently offers a rental yield of 5.37%, a key metric for investors that highlights the income-generating potential of properties in this locality relative to their capital value.

Rental rates in Senapati Bapat Marg are segmented by unit size to cater to different tenant profiles. As of June 2026, a 2 BHK apartment typically commands an average rent of ₹2.48 Lakh per month, while a 3 BHK apartment averages ₹3.2 Lakh per month. These figures provide a clear benchmark for tenants and landlords looking to understand the monthly rental commitment required for premium residential spaces in this locality.

Rental rates across micromarkets near Senapati Bapat Marg show a wide range of values as of June 2026. Areas like Gokhale Road and Century Mills command higher rentals at ₹250 per sq ft, with Century Mills showing a slight appreciation of 0.8% compared to the prior period. In contrast, locations such as Agar Bazar and Dadar West are priced at ₹150 per sq ft, with Agar Bazar experiencing a notable depreciation of 36.55% and Dadar West a decline of 1.86% over the same interval.

As of June 2026, premium projects in Senapati Bapat Marg include Kalpataru SBI Staff Quarters and Ruparel The Ridge, with listing rates of ₹58,950 per sq ft and ₹58,650 per sq ft, respectively. Kalpataru SBI Staff Quarters has seen an appreciation of 7.63%, while Ruparel The Ridge has appreciated by 7.09% compared to the previous period. These projects represent the higher end of the market, reflecting strong demand for well-maintained residential assets in the area.

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% compared to the previous period. For prospective buyers, this price point offers an opportunity to invest in completed inventory, though the recent trend suggests a slight softening in the pricing of ready-to-occupy units.

The rental yield of 5.37% in Senapati Bapat Marg, as of June 2026, serves as a vital indicator for investors evaluating the return on investment from residential assets. When compared against the current average asking price of ₹54,950 per sq ft, this yield suggests that while capital values are premium, the rental market remains active. Investors should weigh this yield against their long-term capital appreciation goals when considering a purchase in this locality.

Rizvi Heights is a notable project for rental activity in Senapati Bapat Marg, with a current rental rate of ₹164 per sq ft as of June 2026. The rental rate for this project has remained stable with a 0% change compared to the previous period, providing a consistent benchmark for landlords and tenants within this specific development.