Real Estate in Mumbai

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Real Estate — Mumbai Market Rates

Typical price ranges in Mumbai · Updated 2026-10-07

These are typical market rates in Mumbai for real estate. Use them as a guide when buying, selling, or negotiating. Actual prices vary by condition, brand, age, and location within the city.

Commercial rent
Per Sqft
₹60 – ₹350 per sqft_month
Security deposit
Typical
3 – 6 months
PG / Hostel
Monthly
₹6,000 – ₹25,000 per month
Monthly rent
1BHK
₹20,000 – ₹55,000 per month
1RK
₹12,000 – ₹30,000 per month
2BHK
₹35,000 – ₹1.20 L per month
3BHK
₹60,000 – ₹3.00 L per month
Sale price
South Mumbai Per Sqft
₹40,000 – ₹1.00 L per sqft
Suburbs Per Sqft
₹12,000 – ₹25,000 per sqft
Town Per Sqft
₹25,000 – ₹60,000 per sqft
Source: Mumbai property market research · Mumbai rental market research · Mumbai PG market research · Actual prices vary. Always inspect before purchase.
Houses Rentals Plots Projects Shops PG
Malad
Real Estate for sale in Malad, Mumbai - Serious buyers only
₹48.25 L for 1 unit
Mumbai
Vikas Tailor
3d
Lokhandwala
2BHK Flat Andheri West
₹1.85 Cr
Mumbai
Vikram Joshi
21d

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Frequently asked questions about Real Estate in Mumbai

What is the average price of a flat in Mumbai?

Prices depend on locality, size, and age. In Mumbai, 1BHK flats start around ₹35 L, 2BHK ₹60 L, 3BHK ₹90 L+, and luxury ₹2 Cr+. Compare prices directly on TradeJodo.

How do I verify property documents before buying in Mumbai?

Check the title deed, encumbrance certificate, RERA registration, and approved building plan. Cross-verify at the Mumbai sub-registrar office. Get a lawyer to review before paying any advance.

Can NRIs buy property in Mumbai?

Yes. NRIs can buy residential and commercial property in India with an Indian PAN, NRE/NRO account, and proper KYC. Sale proceeds are repatriable up to limits set by RBI.

Should I buy or rent in Mumbai?

If you plan to stay in Mumbai for 5+ years, buying usually makes sense. For shorter stays, renting is more flexible. Rental yields in Mumbai are typically 2-3% annually.

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