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Mumbai Residential property rates- Outright (Updated - June 16th 2007).
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 |
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Rates mentioned below are in Rs. On per sq.ft. basis.
| 1 $ (USD) is equivalent to Rs 46.80/- |
| 1 € (Euro) is equivalent to Rs 66.10/- |
| 1 £ (Pound) is equivalent to Rs 83.26/- |
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Location |
'A' Grade Bldg. |
'B' Grade Bldg. |
'C' Grade Bldg. |
| Cuffe Parade / Colaba |
Rs.25,000 - 45,000 |
Rs. 13,000 - 18,000 |
Rs. 9,000 - 11,000 |
| Marine Drive / Nariman Point |
Rs. 40,000 - 50,000 (NCPA Only) |
Rs. 20,000 - 25,000 |
Rs. 15,000 - 18,000 |
| Malabar / Cumballa Hill |
Rs. 35,000 - 50,000 |
Rs. 23,000 - 30,000 |
Rs. 9,000 - 11,000 |
| Napean Sea / Warden Rd. |
Rs. 35,000 - 50,000 |
Rs. 23,000 -30,000 |
Rs. 15,000 - 20,000 |
| Worli |
Rs. 30,000 - 45,000
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Rs 20,000 - 22,000 |
Rs.12,000 - 16,000 |
| Prabhadevi |
Rs. 18,000 - 24,000 |
Rs. 12,000 - 18,000 |
Rs. 10,000 - 12,000 |
| Bandra |
Rs. 18,000 - 24,000 |
Rs. 12,000 - 18,000 |
Rs. 10,000 - 12,000 |
| Khar / Santacruz |
Rs. 14,000 - 16,000 |
Rs. 10,000 - 12,000 |
Rs. 8,500 - 10,000 |
| Juhu |
Rs. 12,000 - 20,000 |
Rs. 9,000 - 11,000 |
Rs. 8,000 - 9,000 |
| Lokhandwala / Versova |
Rs. 9,000 - 12,000 |
Rs. 6,500 - 9,000 |
Rs. 4,500 - 5,500 |
| Powai |
Rs. 9,000 -11,000 |
Rs. 6,000 - 8,000 |
Rs. 3,500 - 4,500 |
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Mumbai Property rates per sq.ft. Updated as on June 16th 2007. Rates are subject to amenities, upkeep & vary from apartment to apartment within the same building depending on view, layout etc. |
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