Property Rates in Versova, Mumbai 2026

Property prices in Versova have shown a mixed trajectory leading up to June 2026. After reaching ₹45,350 per sq ft in March 2026, the market experienced fluctuations from the ₹46,050 per sq ft recorded in December 2025 and the ₹41,600 per sq ft seen in September 2025, indicating a dynamic environment for both buyers and investors.

Property rates in Versova, currently at ₹45,350 per sq ft, are positioned higher than several surrounding areas. For instance, Andheri West averages ₹40,000 per sq ft (depreciated by 0.71%), while Jogeshwari West is more accessible at ₹31,250 per sq ft, which has appreciated by 9.58%. Conversely, premium areas like Juhu command significantly higher rates at ₹61,100 per sq ft, despite a 1.3% depreciation.

As of June 2026, under-construction properties in Versova command a premium, averaging ₹42,000 per sq ft, which has appreciated by 0.8% over the analyzed period. In contrast, ready-to-move projects are priced at an average of ₹32,650 per sq ft, reflecting a depreciation of 3.1% compared to the previous period, potentially offering better value for immediate occupancy seekers.

The average rental yield in Versova stands at 3.25% as of June 2026. This figure provides a baseline for investors to evaluate the income-generating potential of their residential assets relative to the current average asking price of ₹45,350 per sq ft, helping them balance capital appreciation expectations with consistent rental returns.

Rental rates in Versova vary significantly by unit size as of June 2026. Studio apartments average ₹28,000 per month, while 1 BHK units command ₹50,400 per month. For larger requirements, 2 BHK units average ₹93,250 per month, 3 BHK units are at ₹1.3 Lakh per month, and 4 BHK units reach ₹2.5 Lakh per month, catering to a diverse range of tenant profiles from young professionals to large families.

As of June 2026, premium rental projects in Versova include Panchavati Versova at ₹163 per sq ft (depreciated by 1.81%), Mount Sea View Apartment at ₹159 per sq ft (stable at 0% change), and Sky Heaven at ₹146 per sq ft (depreciated by 7.59%). These projects represent the upper tier of the rental market, often attracting tenants seeking specific amenities or prime locations within the locality.

Rental rates in the Versova vicinity range from ₹100 to ₹200 per sq ft as of June 2026. Areas like Yari Road and Andheri West average ₹100 per sq ft, while Suresh Nagar commands a premium at ₹200 per sq ft, having seen a significant appreciation of 42.52%. Shashtri Nagar and Bhudargarh Colony both average ₹150 per sq ft, though both have seen recent depreciations of 9.33% and 7.36% respectively.

As of June 2026, the most premium projects by listing rate include Godrej Skyshore at ₹53,300 per sq ft (depreciated by 0.28%) and Rustomjee Ocean Vista at ₹49,400 per sq ft (appreciated by 0.43%). Other notable high-value projects include Gurukrupa Dhyanam at ₹47,400 per sq ft (appreciated by 2.9%) and Leela Apartment Versova at ₹47,150 per sq ft, which has remained stable.

The Government Registration Rate in Versova is ₹26,600 per sq ft for the period of August 2025 to July 2026. This figure serves as a benchmark for stamp duty and registration calculations; buyers should note that the market asking price of ₹45,350 per sq ft is significantly higher, which is typical in premium urban markets where actual transaction values often exceed government-notified rates.