Property Rates in Trombay, Mumbai 2026

The average asking price in Trombay is significantly higher than the Government Registration Rate. While the current market asking price is ₹39,150 per sq ft as of June 2026, the Government Registration Rate is recorded at ₹13,750 per sq ft for the period between August 2025 and July 2026. This gap is common in established real estate markets and reflects the difference between official valuation benchmarks and current market-driven listing prices.

Property rates in Trombay, at ₹39,150 per sq ft as of June 2026, are among the higher-priced segments in the region. For comparison, neighbouring areas show varied pricing: Govandi East and Deonar both command ₹39,200 per sq ft (having appreciated by 4.89%), while Bhakti Park is priced at ₹35,800 per sq ft (up 1.25%). Meanwhile, areas like Chembur and Antop Hill are priced at ₹33,150 per sq ft and ₹33,100 per sq ft respectively, both showing a depreciation trend as of June 2026.

The prominent residential projects in Trombay include Shree Sai Shraddha CHS, which has a current listing rate of ₹27,500 per sq ft, and Raheja Shakti Trombay 88, which is listed at ₹23,400 per sq ft as of June 2026. Both projects have maintained stable pricing with 0% change, offering prospective buyers clear entry points into the local residential market.

The rental market across the Trombay region shows a uniform average rental rate of ₹100 per sq ft as of June 2026. While the rate is consistent across various localities, the growth trends differ: for instance, Collectors Colony has seen a significant appreciation of 10.42%, and Mankhurd has appreciated by 10.29%. Conversely, areas like Subhash Nagar have experienced a rental depreciation of 8.05% during the same period, suggesting that rental demand is highly localized and sensitive to specific neighbourhood dynamics.

Investors looking at the rental market near Trombay should note that while the base rental rate is ₹100 per sq ft across many nearby areas as of June 2026, the appreciation and depreciation percentages provide insight into rental demand. Localities like Collectors Colony and Mankhurd, which have seen rental appreciation of 10.42% and 10.29% respectively, may indicate stronger tenant demand or improved infrastructure. In contrast, areas like Subhash Nagar, which saw an 8.05% depreciation, or Govandi, which saw a 2.38% depreciation, may suggest a softening of rental demand or an increase in available rental inventory.