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Buying real estate in Mumbai is an expensive and often hair-raising experience. According to the UNO (United Nations Organisation) report, Mumbai is the second-most expensive place for real estate, next only to Tokyo. Just to make it easier for you, we present a listing of the real estate prices (per square foot) in the different areas of Mumbai. Please note that these are approximate rates; the real rates fluctuate as per the market conditions.
| PROPERTY RATES IN RUPEES PER SQUARE FOOT |
| Location |
Residential |
| South Mumbai |
| Colaba |
25000-50000 |
Cuffe Parade |
32500-62000 |
Nariman Point |
85000-90000 |
Churchgate |
22000-32500 |
Marine Drive |
20000-40000 |
Malabar Hill |
55000-75000 |
Walkeshwar |
45000-65000 |
Nepean Sea Road |
46000-75000 |
Warden Road |
40000-60000 |
Peddar Road |
40000-65000 |
Mumbai Central |
18000-25000 |
Mahalaxmi |
18000-35000 |
Worli |
18000-50000 |
Prabhadevi |
18000-30000 |
Lower parel |
14000-25000 |
Dadar |
18000-25000 |
Mahim |
18000-28000 |
| Mumbai Suburbs |
| Bandra East |
10500-18500 |
Bandra West |
20500-35000 |
Khar East |
9000-12000 |
Khar West |
9500-21000 |
Santacruz East |
7000-12500 |
Santacruz West |
9500-18500 |
Vile Parle East |
9500-16000 |
Vile Parle West |
9500-16000 |
Andheri East |
7200-15000 |
Andheri West |
8500-17000 |
Goregoan East |
6500-11000 |
Goregoan West |
6500-11500 |
Malad East |
6500-8500 |
Malad West |
6500-10000 |
Kandivali East |
7000-9000 |
Kandivali West |
6500-8500 |
Borivali East |
7000-8500 |
Borivali West |
7500-9000 |
Mira Road |
3000-4500 |
Vasai |
2500-3200 |
Virar |
2200-3200 |
| Central Mumbai |
| Wadala |
8000-15000 |
Kings' Circle |
10000-17000 |
Sion |
10000-25000 |
Kurla |
5000-10000 |
Chembur |
9000-14000 |
Ghatkopar |
7000-11500 |
| Navi Mumbai |
| Vashi |
6000-8000 |
Sanpada |
5000-8000 |
Nerul |
4000-10000 |
Airoli |
4000-5000 |
Kopar Khairane |
4500-6000 |
CBD Belapur |
4500-8000 |
Kharghar |
3200-4000 |
Kalamboli |
2800-3500 |
Panvel |
2200-3600 |
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