Property Rates in Umerkhadi, Mumbai 2026

Property prices in Umerkhadi have shown a mixed trajectory leading up to June 2026. After maintaining a steady rate of ₹46,350 per sq ft from December 2025 through March 2026, the market saw a shift to ₹40,300 per sq ft by June 2026. This movement suggests a softening in demand or an increase in available inventory that buyers may find advantageous for entry.

The average asking price in Umerkhadi, which is ₹40,300 per sq ft as of June 2026, is significantly higher than the Government Registration Rate of ₹16,700 per sq ft recorded between October 2025 and September 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is common in premium Mumbai localities and is a critical factor for buyers to consider when calculating stamp duty and overall acquisition costs.

As of June 2026, property prices in Umerkhadi are segmented by status: Ready To Move projects average ₹30,700 per sq ft (having appreciated by 7.89% compared to the previous period), while Under Construction projects are priced at ₹31,950 per sq ft (reflecting a 0.4% appreciation). Well-Occupied projects are currently at ₹30,400 per sq ft, showing an 8.21% appreciation, and New Launch projects are priced at ₹28,700 per sq ft, which has appreciated by 1.01%.

As of June 2026, some of the prominent projects in Umerkhadi include Om Babdev Niwas at ₹37,150 per sq ft (up 10.66%) and M K Sauda Heights at ₹35,050 per sq ft (up 24.74%). Other notable projects include Citymaker Hasan Ali at ₹34,050 per sq ft (depreciated by 1.33%) and M K Fatima Heights at ₹31,800 per sq ft (depreciated by 3.12%). These rates represent the current market positioning for these specific developments.

Rajdeep Associates and Sambhav Group are currently the most active developers in Umerkhadi, each recording 2 transactions as of June 2026. Their activity levels highlight them as key players in the local residential market, providing consistent supply for buyers looking for established developer presence.

Rental rates in the vicinity of Umerkhadi vary significantly by location as of June 2026. Agripada, Nagpada, Grant Road, and Marine Lines all command a premium at ₹200 per sq ft. In contrast, areas like Byculla, Byculla West, Girgaon, Kamathipura, and Dalal Estate are priced at ₹150 per sq ft, while Mazgaon offers a more accessible rental rate of ₹100 per sq ft. Investors should note that Agripada has seen a notable rental appreciation of 29.63%, while Byculla experienced a depreciation of 6.18%.

The rental market near Umerkhadi shows diverse performance across neighbouring areas as of June 2026. While areas like Nagpada have seen rental rates appreciate by 19.1% to reach ₹200 per sq ft, other areas like Byculla have seen a 6.18% depreciation to ₹150 per sq ft. Investors looking for rental income should evaluate these specific micromarket trends, as the wide range in rental rates—from ₹100 per sq ft in Mazgaon to ₹200 per sq ft in premium pockets—directly impacts potential rental yield.