Property Rates in Versova, Mumbai

Apartments are the most prevalent property type in Versova, with an average asking price of ₹45,362 per sq ft, experiencing a slight dip of -1.51%. This segment represents the core of the residential market, catering to a broad range of buyers seeking homes in this Mumbai locality.

Versova's property market offers a diverse range of options across different construction stages. 'Ready To Move' properties are priced at an average of ₹33,699 per sq ft, demonstrating a healthy 3.17% growth. Conversely, 'Under Construction' projects are priced higher at ₹41,691 per sq ft, though they have seen a notable decrease of -10.34%. New launches are priced at ₹32,700 per sq ft with a significant 15.01% increase, indicating emerging opportunities.

Versova's real estate market exhibits varied pricing across its micro-locations. Andheri West averages ₹39,995 per sq ft with a 4.26% increase, while Juhu commands a higher rate of ₹61,083 per sq ft, reflecting a 3.62% rise. Lokhandwala Complex is priced at ₹35,222 per sq ft, showing a slight decrease of -1.85%. Oshiwara stands out with a significant 24.23% increase, reaching ₹36,002 per sq ft, indicating strong demand in this specific area.

Among Versova's top rental projects, Panchavati Versova averages ₹163 per sq ft with a -1.81% change, while Mount Sea View Apartment is priced at ₹159 per sq ft with no reported change. Sky Heaven shows a -7.59% change with rates at ₹146 per sq ft, and Jaycee Panch Amrut is listed at ₹145 per sq ft.

Rental rates in Versova vary significantly by apartment size. Studio apartments average ₹28,000 per month, while 1 BHK units command approximately ₹50,417 per month. Larger configurations like 2 BHK apartments are available for around ₹93,226 per month, escalating to ₹1.3 Lakh for 3 BHK and ₹2.5 Lakh for 4 BHK units, reflecting demand for space.

Rental rates across Versova's sub-localities show distinct performance. Suresh Nagar leads with an average rental rate of ₹181 per sq ft, marking a substantial 42.52% increase year-on-year. Conversely, Shashtri Nagar has seen a decrease of -9.33%, with an average rate of ₹136 per sq ft, while Andheri West averages ₹123 per sq ft with a -0.81% change.

In Versova, apartments are the primary rental property type, averaging ₹123 per sq ft with a -3.15% change. Shops represent a smaller segment of the rental market, priced higher at ₹215 per sq ft with no reported change.