Mumbai Property Prices
What Do Mumbai Properties Actually Cost, By Area?
Price per sq ft in Mumbai isn't one number — it's a spread of roughly 3.5x depending on which corridor you're buying into.
Updated 2026-07-21
Why a single citywide price doesn't help you budget
A "Mumbai property price" headline number is close to useless for actual budgeting, since the gap between the priciest and most affordable corridors covered here runs well over 3x per sq ft. The figures below are Fia's estimated price-per-sq-ft by area, refreshed quarterly and reviewed for plausibility rather than pulled from a single live feed — use them to orient which corridors fit your budget, not as a quote for a specific unit.
Estimated price per sq ft by area (Q3 2026)
| Area | Median rent, 2BHK | Price / sq ft | YoY trend |
|---|---|---|---|
| Worli | ₹135,000/mo | ₹62,000 | +7.5% |
| Bandra | ₹125,000/mo | ₹58,000 | +6.2% |
| Juhu | ₹105,000/mo | ₹52,000 | +5.2% |
| Dadar | ₹75,000/mo | ₹42,000 | +6.5% |
| Powai | ₹72,000/mo | ₹32,500 | +7.2% |
| Andheri | ₹65,000/mo | ₹30,000 | +7.5% |
| Chembur | ₹62,000/mo | ₹31,000 | +7.2% |
| Malad | ₹52,000/mo | ₹26,500 | +7.5% |
| Thane | ₹45,000/mo | ₹20,500 | +8.2% |
| Navi Mumbai | ₹42,000/mo | ₹18,500 | +9.5% |
Data as of Q3 2026. Actual prices vary significantly by specific building, floor, view, and redevelopment status within each area. Confirm current asking prices for your target building before budgeting.
What drives the gap
The premium end (Worli, Bandra, Juhu) reflects proximity to South Mumbai, land scarcity, and lifestyle density more than unit size or newness — our South Mumbai vs Suburban Mumbai comparison covers this trade-off in more depth. The value end (Thane, Navi Mumbai, Malad) generally offers larger carpet areas for the same budget, with the fastest year-on-year price growth of the areas we track — a sign that the gap is narrowing, not that these corridors are static. If you're deciding between two specific areas, our Bandra vs Andheri and Powai vs Thane comparisons go deeper than a price table.
Get a valuation grounded in your specific flat
These are area-level estimates. For your actual flat, Fia compares it against recent transactions in your specific building and micro-market.
Value My Flat →Frequently asked questions
What is the average property price per sq ft in Mumbai?
It depends heavily on area — our Q3 2026 estimates range from roughly ₹18,500/sq ft in Navi Mumbai to ₹62,000/sq ft in Worli. There is no single meaningful citywide average given that spread; check the area-level table above for a more useful starting point.
Which Mumbai area has the fastest-rising property prices?
Among the areas we track, Navi Mumbai and Thane show the fastest year-on-year price growth, reflecting expanding infrastructure and commercial activity, even though they remain more affordable than the western suburbs today.
Are these property prices based on live listings?
No — they're quarterly-refreshed estimates reviewed for plausibility against known market patterns, not a real-time scrape of listings. Treat them as a directional starting point and confirm current asking prices for any specific building before committing.