Mumbai Real Estate Prevailing Property Rates in Mumbai

Prevailing Rates in Mumbai Real Estate. Too many people migrating to Mumbai from other states are investing in real estate. Take a look at Current property rates (aproximate)in Mumbai .

Prevailing Property Rates in Mumbai

Take a look at the current property rates in Mumbai.
Rates mentioned here are in Rs. per sq.ft.

Prevailing Property Rates in South Mumbai:
  • Churchgate 22000 - 50000
  • Colaba 27000 - 55000
  • Cuffe Parade 34000 - 85000
  • Nariman Point 85000 - 95000
  • Marine Drive 22000 - 50000
  • Malabar Hill 60000 - 75000
  • Walkeshwar 45000 - 65000
  • Nepeansea Road 55000 - 84000
  • Peddar Road 40000 - 65000
  • Kemps Corner 40000 - 63000
  • Warden Road 40000 – 62000
  • Altamount Road 50000 – 90000

  • Mumbai Property Rates in Western Suburbs
  • Bandra West 20500 – 40000
  • Bandra East 16000 – 25000
  • Khar East 10000 – 20000
  • Khar West 18000 – 25000
  • Santacruz East 14000 – 21000
  • Santaccruz West 16000 – 22000
  • Vila Parle East 14000 – 20000

  • The rates indicated are just approximate and depending on market condition the rates may vary.

    Source: Knight Frank Ref: Hindustan Times.

    Do you think a common man can afford to own an apartment in such areas these days? Why not? Banks and so many financial institutions are there to help us with Housing Loans in Mumbai on long term basis. As Income Tax exemption on housing loan is applicable, youth generation of this 21st century are investing their money wisely in real estate property.

    We should think twice before taking housing loans. Plenty of options are there. It is essential to do a survey of the place where you want to invest. After finalization of the place, work out your budget. Then make a list of financial institutions and nationalized and private and corporate banks, Insurance companies, who offer housing loan. Keep in mind the interest part of it. Decide whether fixed loan or floating loan is beneficial.

    Last, but not the least work out carefully your current income, anticipated progress of income over a period of 10 years or so, and assess you re-payment capacity. Do not forget that the builder you have chosen is not a fraud and a reputed one.

    There are many people in Mumbai suburbs, who invested their hard earned money with builders, and lost their money due to various problems. Either the work -in progress was very slow and came to a halt one fine morning. Or the ownership of the land on which the building was built went on litigation and construction stopped midway, etc.


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