Property Rates in Versova, Mumbai

Versova, a prominent locality in Mumbai, presents a dynamic real estate landscape, with current asking prices standing at an average of ₹45,729 per sq ft. While rental rate data is not available, the sales market shows considerable momentum. Analyzing quarterly price trends, Versova experienced a notable appreciation, climbing from ₹41,579 per sq ft in September 2025 to ₹46,056 per sq ft by December 2025, indicating strong recent growth. In comparison to neighboring areas, Versova's asking price is competitive, higher than localities like Andheri West (₹40,059 per sq ft) and Lokhandwala Complex (₹35,222 per sq ft), but still more accessible than premium locales like Juhu (₹61,323 per sq ft) and Gulmohar Road (₹57,885 per sq ft). Apartments dominate the property type segment, commanding the average market price of ₹45,729 per sq ft, though experiencing a slight quarterly dip of 0.71%. The market offers a variety of property statuses: Ready To Move properties, with 33 units, average ₹33,699 per sq ft and have seen a 3.17% appreciation. Under Construction projects, comprising 10 units, are priced around ₹41,691 per sq ft, despite a 10.34% decrease. A single New Launch property entered the market at ₹32,700 per sq ft, showing a significant 15.01% increase. Top projects by listing rates, such as Atlantis Apartment (₹57,142 per sq ft) and Godrej Skyshore (₹53,427 per sq ft), highlight the premium offerings. Government registration data reinforces market strength, with 282 transactions totaling ₹566 Cr from April 2025 to March 2026, and an average registered rate of ₹26,600 per sq ft, underscoring consistent buyer interest.