Property Rates in Yari Road, Mumbai

The Yari Road real estate market is primarily characterized by apartment offerings, catering to a significant portion of the residential demand. Apartments here are priced at an average of ₹32,725 per sq ft, though they have experienced a -2.12% change in asking price. This segment remains a cornerstone of the locality's property market, reflecting its urban residential character.

The Yari Road market offers properties across various stages of completion, catering to different buyer preferences. Ready To Move properties are a prominent segment, with 4 units available at an average price of ₹30,053 per sq ft. Additionally, Well Occupied properties, totaling 2 units, average ₹30,034 per sq ft and have seen a 1.91% increase. This mix provides options for immediate occupancy and established communities.

Exploring the immediate vicinity of Yari Road, property rates reveal a varied landscape. Versova stands out, commanding a premium at ₹45,729 per sq ft and showing a significant 9.98% increase. Lokhandwala Complex offers properties at ₹35,222 per sq ft, while Andheri West averages ₹40,059 per sq ft with a 4.43% rise. Meanwhile, Madh presents a more accessible entry point at ₹27,303 per sq ft, experiencing a -1.33% change. Oshiwara has also seen notable growth, with rates at ₹31,885 per sq ft and a 10.02% appreciation.

Several projects in Yari Road are notable contributors to the rental market. Express Apartment currently has a rental rate of ₹113 per sq ft, though it saw a -12.4% change. Chanchal Kalyan Complex offers units at ₹100 per sq ft, while New Jay Palace is available at ₹96 per sq ft. Parijat CHS Andheri West, with a current rental rate of ₹86 per sq ft, has experienced a positive 10.26% change, indicating growing rental demand for this specific project.

In Yari Road, the rental market for residential apartments is distinctly segmented by BHK configurations. A 2 BHK apartment typically commands an average rent of ₹71,400 per month. For those seeking more spacious accommodations, 3 BHK apartments are available at an average of ₹1.38 Lakh per month. These rates reflect the demand for varying unit sizes within the residential sector.

The rental landscape around Yari Road reveals varied performance across neighboring localities. While Yari Road itself averages ₹104 per sq ft, Versova leads with ₹126 per sq ft, despite a -0.79% change. Lokhandwala Complex shows strong growth, averaging ₹128 per sq ft with a 5.79% increase. However, some areas like Shashtri Nagar and Yamnuna Nagar have seen notable declines, with rates averaging ₹137 per sq ft (-8.67%) and ₹134 per sq ft (-9.46%) respectively, indicating diverse rental dynamics.

The rental market in Yari Road is predominantly driven by apartments, which command an average rental rate of ₹104 per sq ft. This segment, representing the primary residential offering, has experienced a -8.77% change in average rental rates. Despite this adjustment, apartments remain a key component of the rental landscape in the area.