Property Rates in Versova, Mumbai 2026

Property rates in Versova vary significantly by project status as of September 2026. Under Construction projects command the highest average price at ₹46,100 per sq ft, having appreciated by 9.69% compared to the previous period. New Launch projects are priced at ₹41,550 per sq ft, showing a notable appreciation of 15.24%. In contrast, Ready To Move properties average ₹31,800 per sq ft, reflecting a depreciation of 0.39%, while Well Occupied units are at ₹30,300 per sq ft, which has depreciated by 9.19% over the same timeframe.

The rental yield in Versova stands at 3.25% as of September 2026. This metric represents the annual rental income relative to the property's purchase price, serving as a key indicator for investors to evaluate the income-generating potential of their real estate assets in the locality compared to their capital outlay.

As of September 2026, rental rates in Versova show a clear progression based on unit size. Studio apartments average ₹28,000 per month, while 1 BHK units command ₹50,550 per month. Larger configurations see higher monthly outlays, with 2 BHK units averaging ₹96,600, 3 BHK units at ₹1.37 Lakh, and 4 BHK units reaching ₹1.45 Lakh per month. These figures provide a comprehensive guide for tenants and landlords to understand current market expectations across different housing segments.

As of September 2026, premium rental projects in Versova include Panchavati Versova at ₹163 per sq ft, Mount Sea View Apartment at ₹159 per sq ft, and Sky Heaven at ₹146 per sq ft. Other notable projects include Jaycee Panch Amrut at ₹145 per sq ft and Bhagtani Heights at ₹143 per sq ft. Notably, Bhagtani Heights has seen a 10% appreciation in rental rates, while projects like Sky Heaven have experienced a depreciation of 7.59% compared to the previous period.

Rental rates in Versova show a diverse landscape as of September 2026. Areas like Seven Bunglow, Mudran Press Colony, Andheri West, Shashtri Nagar, and Bhudargarh Colony command a premium at ₹150 per sq ft. In contrast, Yari Road, Sv Patel Nagar, Lokhandwala Complex, Manish Nagar, and Four Bunglows are priced at ₹100 per sq ft. Notably, Shashtri Nagar has seen a significant appreciation of 22.79%, while Four Bunglows has experienced a depreciation of 31.82% compared to the previous period.

As of September 2026, the average asking price in Versova is ₹45,000 per sq ft. Nearby, Juhu commands a higher rate at ₹60,650 per sq ft (depreciated by 0.71%), and Shashtri Nagar is at ₹51,400 per sq ft (stable). More affordable options include Jogeshwari West at ₹33,800 per sq ft (appreciated by 8.22%) and Goregaon West at ₹33,400 per sq ft (appreciated by 2.72%). These variations allow buyers to choose based on their budget and preference for premium or emerging neighbourhoods.

Between November 2025 and October 2026, Versova recorded 70 transactions with a gross value of ₹202 Cr. The Government Registration Rate during this period was ₹27,900 per sq ft. This data point is essential for buyers to understand the difference between the current market asking price of ₹45,000 per sq ft and the values at which properties are officially registered, providing a clearer picture of the actual market transaction environment.

The price trend in Versova has shown a mixed trajectory leading up to September 2026. The location rate moved from ₹46,050 per sq ft in December 2025 to ₹45,350 per sq ft in March 2026, and ₹45,000 per sq ft in June 2026. Buyers should monitor these quarterly shifts to understand market momentum, as the current asking price of ₹45,000 per sq ft reflects the most recent valuation in a market that has seen slight fluctuations over the last three quarters.

As of September 2026, the most premium projects by listing rate in Versova include Asshna Seabliss at ₹57,500 per sq ft (appreciated by 27.06%) and Lodha Versova at ₹57,100 per sq ft (appreciated by 41.69%). Platinum Grandeur follows at ₹53,150 per sq ft (appreciated by 35.55%). These high-value projects reflect the premium segment of the Versova market, with most showing strong appreciation compared to the previous period.