Mumbai Property Prices: Micro-Market Price Map (2026)
Detailed locality-wise property price data for Mumbai — from South Mumbai to Thane, with year-over-year trends, price per sqft, and investment potential.
title: "Mumbai Property Prices: Micro-Market Price Map (2026)" tag: "Market Data" category: "Market Data" description: "Detailed locality-wise property price data for Mumbai — from South Mumbai to Thane, with year-over-year trends, price per sqft, and investment potential." readTime: "14 min" views: "8.9K" publishedAt: "2026-02-20" primaryKeyword: "mumbai property prices 2026" secondaryKeywords:
- "mumbai property rates locality wise"
- "mumbai real estate price per sqft"
- "property prices in mumbai suburbs"
Mumbai Property Prices: The Complete Picture
Mumbai remains India's most expensive property market. But prices vary dramatically by locality — from ₹8,000/sqft in extended suburbs to ₹1,50,000/sqft in South Mumbai. This guide maps every major micro-market.
South Mumbai Premium Zone
| Locality | Avg Price (₹/sqft) | YoY Change | Segment |
|---|---|---|---|
| Malabar Hill | ₹1,20,000 - ₹1,50,000 | +4.2% | Ultra-luxury |
| Worli | ₹65,000 - ₹95,000 | +8.5% | Luxury |
| Lower Parel | ₹55,000 - ₹78,000 | +7.1% | Premium |
| Prabhadevi | ₹52,000 - ₹72,000 | +6.8% | Premium |
| Byculla | ₹28,000 - ₹42,000 | +12.3% | Redevelopment |
Trend: South Mumbai continues to command extreme premium. Worli and Lower Parel lead appreciation driven by new luxury launches (Oberoi, Lodha, Piramal). Byculla is emerging as a redevelopment hotspot.
Western Suburbs
| Locality | Avg Price (₹/sqft) | YoY Change | Segment |
|---|---|---|---|
| Bandra West | ₹60,000 - ₹85,000 | +5.2% | Premium |
| Andheri West | ₹28,000 - ₹42,000 | +6.8% | Mid-Premium |
| Goregaon | ₹22,000 - ₹32,000 | +8.5% | Mid |
| Malad | ₹18,000 - ₹26,000 | +7.2% | Mid |
| Borivali | ₹16,000 - ₹24,000 | +6.5% | Mid |
| Dahisar | ₹12,000 - ₹18,000 | +9.8% | Affordable |
Trend: Western suburbs show steady appreciation. Goregaon benefits from Oberoi Garden City effect. Dahisar seeing fastest growth due to Metro connectivity improvement.
Eastern Suburbs & Central Mumbai
| Locality | Avg Price (₹/sqft) | YoY Change | Segment |
|---|---|---|---|
| Powai | ₹24,000 - ₹38,000 | +7.8% | Mid-Premium |
| Ghatkopar | ₹20,000 - ₹30,000 | +6.2% | Mid |
| Mulund | ₹18,000 - ₹26,000 | +5.8% | Mid |
| Vikhroli | ₹22,000 - ₹35,000 | +9.2% | Mid-Premium |
| Chembur | ₹20,000 - ₹32,000 | +7.5% | Mid |
Extended MMR
| Locality | Avg Price (₹/sqft) | YoY Change | Segment |
|---|---|---|---|
| Thane | ₹12,000 - ₹20,000 | +8.8% | Value |
| Navi Mumbai (Kharghar) | ₹10,000 - ₹16,000 | +11.2% | Value |
| Panvel | ₹7,000 - ₹12,000 | +14.5% | Affordable |
| Palava (Lodha) | ₹8,000 - ₹12,000 | +10.8% | Township |
Trend: Extended MMR is the fastest-appreciating zone. Navi Mumbai airport and Trans-Harbour Link are driving Panvel and Kharghar appreciation.
Investment Insight
Mumbai property prices have risen 25-35% from 2020 lows. The best value now lies in the extended MMR — particularly areas benefiting from infrastructure projects (Navi Mumbai airport, coastal road, Metro lines).
Evaluate any Mumbai investment with our Investment Scorecard. Check rental yields with Rental Yield Calculator.
Data sources: MahaRERA transaction data, property registration records, SquareMind market analysis. Prices are indicative ranges for new construction.
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