Mumbai Property Market at a Glance
Current verified inventory across all residential and commercial categories in Mumbai.
Total Properties
40,533+
All types combined
Average Price
₹2.41 Cr.
Across all categories
Starting From
₹4.23 Lac
Lowest available
Goes Up To
₹1300 Cr.
Highest available
Property for sale in Mumbai spans one of the widest price ranges of any city in India from under Rs 50 Lac for compact homes in the northern suburbs to ultra-luxury residences crossing Rs 90 Cr in South Mumbai. There are currently 40,533+ verified properties listed on Square Yards across the city, with prices starting from 4.23 Lac and going up to 1300 Cr.. The average property price across all categories is 2.41 Cr.. Mumbai's residential market is overwhelmingly driven by apartments, which account for 36,009 out of 42,962 total listings a reflection of the city's vertical growth pattern and land constraints.
The Western Suburbs from Andheri to Borivali account for 25,492 properties at an average of Rs 2.2 Cr and is where the bulk of buying activity takes place. Mumbai South at Rs 3.95 Cr average across 8,967 properties is the premium market. Central Suburbs at Rs 1.8 Cr average across 6,314 properties is the most affordable zone with good Central Line and Harbour Line connectivity. The 2 BHK apartment at 16,455+ options leads demand across all zones, with Malad West (3,791 properties), Sion (2,303), and Malad East (2,271) being the three most active localities on the platform.
What is the current state of Mumbai's property market?
Mumbai currently has 40,533+ properties for sale ranging from 4.23 Lac to 1300 Cr. at an average of 2.41 Cr.. The market is split across three zones. Western Suburbs with 25,492 properties at Rs 2.2 Cr average is the largest zone covering Andheri, Goregaon, Malad, Kandivali, and Borivali. Mumbai South with 8,967 properties at Rs 3.95 Cr average is the premium belt covering Worli, Bandra, Prabhadevi, and the island city. Central Suburbs with 6,314 properties at Rs 1.8 Cr average covers Sion, Chunabhatti, Chembur, and the eastern belt. Infrastructure developments including Metro Lines 2A, 7, and 3, the Coastal Road, and the Mumbai Trans Harbour Link are actively reshaping property values across zones.
Is Mumbai a good place to invest in property?
Mumbai is India's most liquid residential real estate market. Properties in well-connected localities across the Western and Central suburbs find buyers consistently, irrespective of market cycles, because demand from end-users and investors is always present. Redevelopment projects registered under MahaRERA have added a significant investment layer as older buildings across the Western Line and island city are being replaced with modern towers, often delivering early investors strong appreciation from booking to possession. Metro rail expansion across Lines 2A, 7, and 3 is actively increasing property values in localities with new station access. The budget segment between Rs 1 Cr and Rs 2 Cr, which has 12,560 active listings, is the most liquid price band in the city.
Which areas in Mumbai have the most property options?
Malad West leads all localities with 3,791 properties at Rs 2.15 Cr average, offering a strong combination of Western Line connectivity, established social infrastructure, and mid-market pricing. Sion at Rs 2 Cr average with 2,303 properties is the most active locality in Central Suburbs with Harbour and Central Line access. Malad East at Rs 1.99 Cr with 2,271 properties and Andheri West at Rs 3.29 Cr with 2,108 properties complete the top four. Kandivali East (1,896 properties, Rs 2.1 Cr), Goregaon East (1,884 properties, Rs 3.06 Cr), and Goregaon West (1,618 properties, Rs 2.28 Cr) are the next tier. For budget buyers, Kandivali West at Rs 1.71 Cr with 1,500 properties and Chunabhatti at Rs 1.8 Cr with 1,438 properties offer the most accessible entry points.
Types of Property for Sale in Mumbai
Apartments dominate Mumbai's property market with 36,009 listings. Full inventory and price range across all property types.
How is Mumbai's property market structured?
Mumbai's property market is almost entirely apartment-led. Apartments at 34,891+ options averaging 2.49 Cr. account for 84% of all listings on Square Yards. Builder floors at 3,589+ averaging 1.52 Cr. are the second category, mainly in the island city and older suburbs. Plots at 391+ averaging 45 Lac are rare given land scarcity. Independent houses at 63+ average 5 Cr.. Villas at 203+ averaging 17 Cr. are ultra-premium properties. Penthouses at 92+ averaging 25 Cr. are the city's trophy assets, concentrated in Worli, Bandra, and Lower Parel towers.
What types of property can I buy in Mumbai?
In Mumbai you can buy apartments from compact 1 BHK units in Borivali and Kandivali to premium sea-facing residences in Worli and Nepean Sea Road. Builder floors in established localities across the city. Redevelopment project flats under MahaRERA schemes across the Western Line and island city. Rare plots in peripheral suburbs. Villas and bungalows in Juhu and Malabar Hill. Penthouses in high-rise towers in Worli, Bandra, and Lower Parel. Apartments range from 4.23 Lac to 472 Cr. and builder floors from 5 Lac to 280 Cr..
Which property type gives the best return in Mumbai?
Redevelopment project flats have delivered the strongest returns in Mumbai in recent years buyers who booked early in MahaRERA-registered redevelopment schemes in Sion, Dharavi, and island city corridors have seen significant appreciation from booking to possession. For steady rental income, 2 BHK apartments in Andheri West, Powai, and BKC-adjacent localities generate strong absolute rental values from corporate tenants on HRA. Penthouses and sea-facing apartments in Worli and Bandra retain value best during downturns and appreciate fastest during upcycles.
Apartments for Sale in Mumbai by BHK Type
2 BHK leads Mumbai's apartment market with 16,443 options. Pricing and availability across all BHK configurations from 1 BHK to 6+ BHK.
Which BHK configuration is most popular in Mumbai?
The 2 BHK apartment is Mumbai's most transacted format at 16,455+ options averaging 2.07 Cr.. It is the practical sweet spot for Mumbai buyers large enough for a family of three or four, financeable within most HRA and loan budgets, and liquid enough to resell or rent with minimal vacancy. The 3 BHK at 10,356+ options averaging 3.85 Cr. is the upgrade aspiration, primarily in premium Western Suburbs and South Mumbai projects. The 1 BHK at 5,897+ options averaging 1.16 Cr. is the entry point for young professionals and investors in Borivali, Kandivali, and Mira Road.
Why is 2 BHK the most demanded flat size in Mumbai?
Mumbai's 2 BHK demand is driven by the city's housing economics. With carpet area at a premium and construction costs the highest of any Indian city, the 2 BHK represents the size that balances livability and affordability for most buyers. At 2.07 Cr. average, a 2 BHK in Mumbai is a significant purchase, but it is the format that banks will lend against most comfortably, landlords can rent with the shortest vacancy, and buyers can exit with the most competing offers. The 16,455+ active 2 BHK options range from 5 Lac in Kandivali and Borivali to 280 Cr. in premium sea-facing developments in Worli and Bandra.
What is the most affordable flat to buy in Mumbai?
The 1 BHK is the most accessible entry point in Mumbai's apartment market, starting from 5.8 Lac and averaging 1.16 Cr. with 5,897+ options currently available. Most are in the northern suburbs Borivali, Kandivali, Malad, and Mira Road. For buyers with a slightly higher budget, the 2 BHK from 5 Lac is worth the stretch as it rents for meaningfully more and sells faster. The 4 BHK at 2,931+ options averaging 10.31 Cr. covers luxury residences in Worli, Bandra, and BKC-adjacent towers, as well as large units in premium Western Suburbs high-rises.
Properties in Mumbai by Furnishing Status
Furnished and semi-furnished options are most active in Andheri, Powai, and BKC-adjacent localities where corporate tenant demand is strongest.
Status
Distribution
Listings
View Listings
Unfurnished
20,740+
View all properties →
What is the furnishing breakdown for properties in Mumbai?
Unfurnished properties lead Mumbai's market at 20,740+ options, accounting for the largest share these are mainly new construction apartments where buyers fit out their own interiors. Semi-furnished properties at 14,246+ with a modular kitchen and wardrobes installed are the most practical ready format and account for the second-largest share. Furnished properties at 4,929+ are concentrated in Andheri West, Powai, BKC-adjacent localities, and premium South Mumbai, targeting corporate tenants on HRA and NRI buyers who want ready homes.
Should I buy furnished or unfurnished in Mumbai?
For rental investment in Mumbai, furnished apartments in Andheri West, Powai, and BKC-adjacent localities attract corporate tenants on HRA who pay premium rents. A furnished 2 BHK in these areas typically rents for Rs 55,000 to Rs 90,000 per month depending on project quality and floor, which represents strong absolute rental income. For end-users buying a home to live in, unfurnished is the standard choice Mumbai's compact apartments benefit significantly from custom interior design and built-in storage solutions. Semi-furnished with a quality modular kitchen and wardrobes already in place is the most practical starting point for most buyers.
Commercial Property for Sale in Mumbai
Mumbai's commercial market spans BKC, Lower Parel, Nariman Point, Andheri MIDC, and Powai. India's most liquid office, shop, and showroom market.
What commercial properties are available for sale in Mumbai?
Mumbai's commercial real estate for sale currently includes 874+ office spaces starting from 7.6 Lac averaging 2.56 Cr., 245+ shops averaging 3 Cr., 50+ showrooms averaging 24 Cr., and 29+ warehouses averaging 5.5 Cr.. Bandra-Kurla Complex is India's premier commercial address where the largest financial institutions, banks, and corporate headquarters are concentrated. Lower Parel is the second CBD with premium Grade A office towers. Nariman Point and Fort are the traditional island city business district. Andheri MIDC serves light manufacturing and storage operators.
Is buying office space in Mumbai a good investment?
Office spaces in BKC deliver 6-8% rental yields with Grade A institutional tenants on long leases one of the most reliable commercial income streams in India. The demand for BKC office space from domestic and global financial firms means vacancy is genuinely rare in quality buildings. Lower Parel offices are slightly more accessible in price with comparable tenant quality. Retail shops in Linking Road Bandra, Kemps Corner, and Colaba Causeway command some of the highest retail rents in India, supported by permanent high footfall from residents and visitors. Office space in Mumbai starts from 7.6 Lac averaging 2.56 Cr..
Why is commercial property demand strong in Mumbai?
Three structural factors drive Mumbai's commercial property demand. Global companies setting up India operations consistently choose BKC and Lower Parel because of the unmatched financial services ecosystem and talent concentration. Metro rail expansion across Lines 2A, 7, and 3 is making previously peripheral commercial zones like Goregaon, Andheri West, and Vikhroli more attractive for office investment. The ongoing redevelopment of old mill land and industrial properties in Lower Parel and Worli continuously adds premium commercial supply that gets absorbed quickly by institutional and corporate tenants.
Land & Industrial Property in Mumbai
MahaRERA-approved residential plots, land parcels in Mumbai's peripheral zones, and MIDC industrial sites across the city's manufacturing corridors.
| Type |
Listings |
Min Price |
Max Price |
Avg Price |
View Listings |
| Residential Plots |
391+ |
₹24 Lac |
₹600 Cr. |
₹45 Lac |
Browse plots → |
| Land |
34+ |
₹7.2 Lac |
₹999.99 Cr. |
₹85.5 Cr. |
Browse land → |
| Industrial Plot |
30+ |
₹2 Cr. |
₹95 Cr. |
₹13.07 Cr. |
Browse industrial → |
What plot and land options are available for sale in Mumbai?
Plots are the scarcest property category in Mumbai with only 391+ residential plots currently listed, averaging 45 Lac and ranging from 24 Lac to 600 Cr.. Land parcels at 34+ are available mainly in peripheral zones and average 85.5 Cr.. Industrial plots at 30+ average 13.07 Cr. in MIDC-designated estates. Most residential plots in Mumbai are in outer peripheral zones including Virar, Vasai, Panvel, and the MMRDA growth corridor. MahaRERA-registered plots in approved layouts are the only safe format to buy. Before purchasing any plot in Mumbai, verify the 7/12 extract, mutation records, encumbrance certificate, and confirm there are no CRZ, coastal, forest, or government acquisition notices attached to the property.
Is buying a plot in Mumbai a good investment?
Land in Mumbai is the scarcest asset class in Indian real estate. The city is a peninsula with hard physical limits on how much new land can enter the market, which is the fundamental reason why Mumbai land values have appreciated across decades irrespective of economic cycles. When verified freehold plots come up in Mumbai, they typically attract multiple competing buyers. The best current opportunities are in the MMRDA growth belt including Panvel, Navi Mumbai periphery, and Virar-Vasai where infrastructure investment is creating new land value at more accessible price points than the island city.
What is the difference between a residential plot, land, and industrial plot in Mumbai?
A residential plot in Mumbai is a MahaRERA or MHADA-approved site within a designated residential layout, with clear title, building permission, and defined road access. Land refers to larger or undivided parcels, often in Mumbai's peripheral and coastal zones, that may carry CRZ restrictions, Coastal Regulation Zone notifications, forest clearance requirements, or government acquisition notices, and require extensive legal verification before purchase. An industrial plot is an MIDC-designated site within an established industrial estate Andheri MIDC, Kurla MIDC, or the Bhiwandi warehouse zone allocated for manufacturing or industrial warehousing under Maharashtra's industrial development framework.
Data reflects current verified inventory on Square Yards. Counts and prices update regularly.