Mumbai Overview
Maharashtra, India
MUMBAI REAL ESTATE UPDATES
Key Highlights of Mumbai
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One of the largest housing hubs in India, Mumbai and its suburbs primarily offer society apartments
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The city is one of the most expensive residential markets in India, owing to hefty land and construction costs
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A popular commercial hub where most of the housing demand is trigged by the migrant population coming here for work
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Mumbai commands higher rentals than other metros because of steep property rates
- The city has witnessed peripheral expansion and emergence of new housing hubs including Ambernath, Dombivli and Badlapur
- Well-established localities in central and western suburbs along with Thane attract NRI investors
- Mumbaikars heavily depend on six suburban railway lines for commuting within the city
- Three metro routes - 1, 2A and 7, have made commuting easier for residents
- Home to Chhatrapati Shivaji Maharaj International Airport, which is one of the most busiest airports in India
- Sion-Panvel Expressway, Western Express Highway and Eastern Express Highway offer widespread connectivity
- Bandra Kurla Complex (BKC), Nariman Point and Andheri are some of the prominent business districts in the city
- Lodha, Hiranandani, Kalpataru, Rustomjee and Runwal Group hold the maximum housing inventory in Mumbai
- Automotive, textile and pharmaceuticals are among a few industries in Mumbai located at Bhandup, Andheri West and Malad
- Home to the Hindi Film Industry housing largest production houses, studios and advertising offices
- Buses, taxis, rickshaws and ferries are an integral part of public transport in Mumbai
- Improved connectivity between East and South Mumbai via Mumbai Monorail Line 1 running between Jacob Circle and Chembur
- A popular tourism hub attracting domestic and international travellers
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Mumbai is a high-density city, putting pressure on social and civic infrastructure
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The city is prone to civic issues such as solid waste disposal, sewage and waterlogging
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Traffic congestion is a major problem persistent in the city
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Several locales in Mumbai are surrounded by slum areas such as Dharavi, Banganga and Antop Hill
- Limited availability of affordable homes to match the buying appetite of homebuyers
Top Residential Areas in Mumbai
Price Insights for localities and societies in Mumbai
- View localities
Over 3.6% YOY Appreciation
across 90+ localities. Check now
- View localities
Upto 22% Rental Yield
See the localities with Higher Rental Returns
- View Projects
Over 4.7% YOY Appreciation
in 150+ Ready to Move Societies
Price Trend & Comparison
The graph depicts the changes in average property prices across localities and societies in Mumbai, in different quarters. You may also compare the prices of properties in different localities and societies using this feature.
| Popular Localities | Current Price | Last 1 year | Last 3 years | Last 5 years | |
|---|---|---|---|---|---|
| Mulund West | ₹26,800/ sq.ft | 2.9% | 11.9% | 8.9% | |
| Bandra West | ₹55,900/ sq.ft | 1.7% | 2.5% | 2.1% | |
| Andheri West | ₹36,450/ sq.ft | 4.9% | 15.9% | 5% |
| Locality | Rate on 99acres | Transaction Count | Transaction Rate |
|---|---|---|---|
| Locality | Rate on 99acres | Reviews Count | Ratings |
|---|---|---|---|
