Property Rates in Senapati Bapat Marg, Mumbai 2026

Property prices in Senapati Bapat Marg have shown a steady trajectory, with the micromarket rate recorded at ₹46,350 per sq ft as of March 2026. This reflects a consistent trend from December 2025, following a slight increase from ₹46,200 per sq ft in September 2025. This stability suggests a balanced market environment for potential buyers and investors.

Property prices in the vicinity of Senapati Bapat Marg vary significantly, with Prabhadevi commanding a higher average rate of ₹62,850 per sq ft, which depreciated by 1.63% from June 2025 to March 2026. In contrast, areas like Dadar West are priced at ₹57,200 per sq ft, having appreciated by 3.19% over the same period, while Wadala period, while Wadala offers a more accessible entry point at ₹37,250 per sq ft, reflecting an appreciation of 2.52%.

As of March 2026, Ready To Move properties in Senapati Bapat Marg are priced at an average of ₹37,650 per sq ft, having appreciated by 3.65% from June 2025 to March 2026. 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, signaling strong demand for established, functional residential units.

The average rental yield in Senapati Bapat Marg stands at 4.96% as of March 2026, with an average rental rate of ₹227 per sq ft. For investors, a yield of this level is a key indicator of potential income generation relative to the capital invested in property, providing a benchmark to evaluate the attractiveness of buy-to-let opportunities in the area.

As of March 2026, rental rates in Senapati Bapat Marg vary by configuration, with 2 BHK apartments averaging ₹1.09 Lakh per month and 3 BHK apartments averaging ₹3.25 Lakh per month. These figures help tenants and landlords understand the market positioning of different unit sizes, with larger configurations like the 3 BHK commanding a significantly higher monthly premium.

Rental rates in the area show notable variation, with Agar Bazar and Gokhale Road both commanding ₹250 per sq ft as of March 2026. Agar Bazar has seen a significant shift, appreciating by 116.52% from June 2025 to March 2026, whereas Gokhale Road has remained stable at 0% change. Meanwhile, Dadar West and Dadar East both average ₹150 per sq ft, with Dadar West depreciating by 3.59% and Dadar East appreciating by 4.58% over the same period.

As of March 2026, the projects with the highest listing rates in Senapati Bapat Marg include Kalpataru SBI Staff Quarters at ₹58,500 per sq ft (up 8.77% from June 2025 to March 2026) and Ruparel The Ridge at ₹58,450 per sq ft (up 5.44% over the same period). Other prominent projects include Buildarch Shree Sheetala Apartments at ₹46,300 per sq ft, which appreciated by 4.2% since June 2025.

Buyers should use the price trends to identify whether a specific locality or project is experiencing growth or correction. For instance, observing that the average asking price in Senapati Bapat Marg is ₹54,950 per sq ft with a 0% change as of March 2026 helps in setting realistic budget expectations and identifying stable investment zones versus those with high volatility.

Rizvi Heights in Senapati Bapat Marg currently commands a rental rate of ₹164 per sq ft as of March 2026, with its average rental rate for the project standing at ₹150 per sq ft. The 0% change in its rental rate indicates price stability, making it a predictable option for tenants looking for consistent housing costs in this specific location.