Property Rates in Versova, Mumbai

Property prices in Versova, Mumbai have shown a mixed trend over the past year. From Sep 2025 to Mar 2026, the average asking price per sq ft increased from ₹41,579 to ₹45,362, indicating an appreciation. However, there was a dip from Dec 2025 (₹46,056 per sq ft) to Mar 2026 (₹45,362 per sq ft). The micromarket rate saw a significant increase from ₹21,180 in Dec 2025 to ₹34,893 in Mar 2026, suggesting varied performance across different segments within Versova.

Property rates in Versova, Mumbai vary significantly across its neighborhoods. As of Mar 2026, Juhu commands the highest average rate at ₹61,083 per sq ft, having appreciated by 3.62% from the previous period. Gulmohar Road is also premium, with rates at ₹57,881 per sq ft and a 1.63% appreciation. In contrast, Madh has the lowest average rate at ₹27,303 per sq ft, with a slight depreciation of 1.33%. Oshiwara has seen a substantial appreciation of 24.23%, reaching ₹36,002 per sq ft.

As of Mar 2026, the average price for apartments in Versova, Mumbai is ₹45,362 per sq ft. This indicates a depreciation of 1.51% compared to the previous period. This figure reflects the primary property type available and transacted within the Versova locality.

In Versova, Mumbai, Ready To Move properties had an average price of ₹33,699 per sq ft as of Mar 2026, showing an appreciation of 3.17%. Under Construction properties, however, are priced higher at ₹41,691 per sq ft, but have seen a significant depreciation of 10.34%. New Launch properties are priced at ₹32,700 per sq ft with a notable appreciation of 15.01%, while Well Occupied properties are at ₹31,796 per sq ft, experiencing a depreciation of 1.71%.

As of Mar 2026, Atlantis Apartment Versova leads in listing rates within Versova, Mumbai, with an average of ₹57,142 per sq ft, showing a significant appreciation of 75.44%. Godrej Skyshore follows with a rate of ₹53,427 per sq ft, experiencing a slight depreciation of 0.81%. Rustomjee Ocean Vista is also among the top, priced at ₹49,177 per sq ft, though it has seen a substantial depreciation of 38.97%.

The average rental rate in Versova, Mumbai is ₹123 per sq ft as of Mar 2026, with apartments seeing a depreciation of 3.15%. The overall rental yield for the locality is 3.25%. A rental yield of 3.25% suggests that investors can expect an annual rental income equivalent to this percentage of the property's capital value, which is a moderate return on investment when considering property appreciation potential.

In Versova, Mumbai, rental prices vary by BHK configuration as of Mar 2026. Studio apartments command an average rent of ₹28,000 per month. For 1 BHK units, the average rent is ₹50,417 per month, while 2 BHK apartments average ₹93,226 per month. Larger 3 BHK units are rented at approximately ₹1.3 Lakh per month, and 4 BHK apartments reach ₹2.5 Lakh per month. This upward trend in rent with increasing BHKs indicates higher demand for larger family homes.

Rental rates in the micromarkets surrounding Versova, Mumbai show variation as of Mar 2026. Suresh Nagar has the highest average rental rate at ₹181 per sq ft, appreciating by 42.52%. Bhudargarh Colony follows with ₹151 per sq ft, though it has depreciated by 7.36%. Yari Road offers a more moderate rate of ₹112 per sq ft, with a depreciation of 1.75%. Andheri West averages ₹123 per sq ft, showing a slight depreciation of 0.81%.

As of Mar 2026, Panchavati Versova is a top project for rentals in Versova, Mumbai, with a current rental rate of ₹163 per sq ft, despite a depreciation of 1.81%. Mount Sea View Apartment follows at ₹159 per sq ft with no change in rate. Sky Heaven is listed at ₹146 per sq ft, having depreciated by 7.59%. These projects likely command higher rents due to their location, amenities, or specific property configurations.

As of Mar 2026, the average asking price in Versova, Mumbai is ₹45,362 per sq ft, while the Government Registration Rate is ₹26,600 per sq ft. The Government Registration Rate is significantly lower than the asking price, which is common in many real estate markets. The JSON data indicates 260 transactions with a gross value of ₹548 Cr recorded between May 2025 and Apr 2026.

In Versova, Mumbai, commercial properties like shops command significantly higher rental rates than residential apartments. As of Mar 2026, the average rental rate for shops is ₹215 per sq ft, with no change reported. In contrast, apartments have an average rental rate of ₹123 per sq ft, which has depreciated by 3.15%.