Property Mumbai - Residential Property Rates

Mumbai Residential property rates - Outright (Updated -1st October 2008)

Please Note: The rates of South Mumbai properties seem higher, but if you observe the ratio of carpet to built up in these locations, the difference is 8 to 10% as compared to properties in Suburbs (Bandra to Andheri) 35 to 45%. says, Chetan D. Narain (Director - Residential Properties) . See his profile here: http://www.narains.com/CEO-Narains.htm . Read his columns (published in Times Of India - Times Property) here : http://www.narains.com/RESIDENTIAL-NEWS_Mainpg.htm

Rates mentioned below are in Rs. On per sq.ft. basis.

Quick Currency Converter

Location

'A' Grade Bldg.

'B' Grade Bldg.

'C' Grade Bldg.

Cuffe Parade / Colaba	Rs.50,000 - 65,000*	Rs. 35,000 - 45,000	Rs. 22,000 - 25,000
Marine Drive / Nariman Point	Rs. 70,000 - 80,000 (NCPA Only)	Rs. 22,000 - 30,000	Rs. 20,000 - 22,000
Malabar / Cumballa Hill	Rs. 45,000 -70,000*	Rs. 25,000 - 35,000	Rs. 22,000 - 25,000
Napean Sea / Warden Rd.	Rs. 45,000 - 70,000*	Rs. 25,000 -35,000	Rs. 22,000 - 25,000
Worli	Rs. 35,000 - 50,000*	Rs. 25,000 -35,000	Rs.18,000 - 22,000
Prabhadevi	Rs. 20,000 - 24,000	Rs. 17,000 - 20,000	Rs. 14,000 - 16,000
Bandra	Rs. 22,000 - 30,000	Rs. 15,000 - 20,000	Rs. 13,000 - 16,000
Khar / Santacruz	Rs. 20,000 - 22,000	Rs. 14,000 - 18,000	Rs. 11,000 - 13,000
Juhu	Rs. 18,000 - 25,000 (Sea facing)	Rs. 12,000 - 14,000	Rs. 9,000 - 11,000
Lokhandwala / Versova	Rs. 13,000 - 16,000	Rs. 9,000 - 12,000	Rs. 7,500 - 8,500
Powai	Rs. 9,000 -11,000	Rs. 7500 - 9,000	Rs. 6000 - 7,000

Mumbai Property rates per sq.ft. Updated as on October 1st 2008. Rates are subject to amenities, upkeep & vary from apartment to apartment within the same building depending on view, layout etc.