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Home Blog Home Buying Tips & Guide 1 Acre Land Price in Mumbai

1 Acre Land Price in Mumbai​: Area Wise Rates and Legal Checklist Before Buying in 2026

Published : February 12, 2026, 5:34 PM

Updated : February 13, 2026, 12:11 AM

Author : open_graph_image krishnanunni

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Summary
The price of 1 acre of land in Mumbai ranges from ₹80 crore to over ₹150 crore, depending on location, zoning, and development potential. Prime city areas attract premium valuations driven by higher FSI allowances, metro expansion, and large infrastructure projects, while peripheral zones offer relatively lower entry points. Pricing is closely tied to higher rates, land use permissions, and redevelopment feasibility. Buyers should carefully assess NA status, permissible FSI, and long-term utilisation potential before investing in this high-barrier market.

1 Acre Land in Mumbai – Quick Facts

Due to extreme scarcity, the cost of 1 acre land in Mumbai shows a significant contrast between peripheral farmland and high-value urban plots suitable for redevelopment and dense construction.

ParameterDetails
Average Price₹15 lakh to ₹243+ crore per acre
Property TypeAgricultural, Residential, Commercial, Industrial
Best Investment ZonesBandra, Andheri, Navi Mumbai, Thane
Regulatory BodiesMaharashtra Real Estate Regulatory Authority, BMC, MMRDA
Typical BuyersDevelopers, corporate investors, ultra-HNIs

1 Acre Land Price in Mumbai – Area Wise

The cost of 1 acre land in Mumbai differs drastically between redevelopment-ready urban zones and peripheral regions, driven by FSI potential, infrastructure upgrades, and land scarcity. [1] [2]

AreaLand TypeEstimated Price (2026)
Altamount RoadUltra-Premium Residential₹243 crore+
WorliLuxury Residential₹75 crore – ₹100+ crore
Andheri EastCommercial / Residential₹95 crore – ₹100 crore
BandraResidential / Commercial₹70 crore – ₹130+ crore
PowaiIT / Residential₹40 crore – ₹60+ crore
ChemburResidential₹30 crore – ₹40+ crore
VashiCommercial / Residential₹40 crore – ₹55+ crore
KhargharResidential₹35 crore – ₹40+ crore
PanvelMixed Use₹1 crore – ₹10 crore
ShahapurAgricultural / Farm₹15 lakh – ₹40 lakh

Best Areas to Buy 1 Acre Land in Mumbai

Given extreme scarcity, choosing the right micro-market is important when analysing the 1 acre land price in Mumbai, as redevelopment feasibility and infrastructure upgrades largely determine investment returns. [3] [4] [5]

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1. Bandra

A stable premium location with strong redevelopment demand, lifestyle-driven pricing, and consistent interest from luxury residential developers.

2. Worli

Enhanced by the Coastal Road and metro connectivity, making it one of Mumbai’s most desirable luxury redevelopment zones.

3. Andheri East

A key commercial and business hub with strong corporate rental demand and ongoing redevelopment activity.

4. Powai

An IT-driven residential ecosystem with self-sustained infrastructure, ensuring long-term land price stability and demand.

5. Chembur

A central suburb offering seamless connectivity to South Mumbai and BKC through major road and rail links.

6. Vashi

A well-planned Navi Mumbai node with established commercial centers and steady residential demand.

7. Kharghar

A planned city benefiting from the upcoming Navi Mumbai International Airport and modern urban infrastructure.

8. Panvel

A major growth corridor driven by airport development and trans-harbour connectivity to Mumbai.

9. Thane (Ghodbunder Road)

An affordable alternative supported by metro expansion and strong highway connectivity to Mumbai and the suburbs.

10. Shahapur

A budget-friendly location ideal for agricultural investment or second-home buyers seeking long-term appreciation.

Factors Influencing the Price of 1 Acre Land in Mumbai in 2026

The 1 acre land price in Mumbai is largely driven by scarcity, redevelopment possibilities, and large-scale transport infrastructure across the metropolitan region. [6]

  • Connectivity Network: Metro corridors, coastal road, and trans-harbour link significantly enhance land desirability.
  • Land Conversion Status: NA-approved land holds a higher value due to immediate development feasibility.
  • Zoning & FSI Norms: Higher permissible FSI directly translates into increased land pricing.
  • Developer Competition: Limited supply fuels aggressive bidding from premium developers.
  • Infrastructure Expansion: Sea links, highways, and urban renewal projects push prices higher.

How to Calculate Land Price in Mumbai?

Calculating the 1 acre land price in Mumbai requires analysing government ready reckoner rates, infrastructure-linked premiums, and statutory charges applicable in the MMR region. [7] [8]

1. Find the Ready Reckoner Rate (RR Rate)

  • RR Rate is the minimum value fixed by the Maharashtra government for registration.
  • Official Tool: IGR Maharashtra e-ASR portal.
  • Steps: Select district, village, zone, and land usage.
  • Purpose: Determines stamp duty and registration fee calculations.

2. Determine the Market Value

  • Market value is generally 30%–100% higher than RR rates in prime locations.
  • Method: Analyse recent registered sale deeds in the same micro-market.
  • Impact Factors: Metro access, coastal road, airport proximity, and FSI availability.
  • Formula: Plot area (sq. ft.) × current market rate = market value.

3. Account for 2026 Transaction Costs

  • Stamp Duty: Around 6% (includes metro cess).
  • Registration Fee: 1% of property value.
  • Additional Costs: NA conversion charges and FSI premiums, if applicable.

Pro Tip: Land with higher permissible FSI substantially increases the effective per-acre valuation.

Is Buying 1 Acre of Land in Mumbai a Good Investment?

The 1 acre land price in Mumbai remains attractive for high-value investors due to extreme land scarcity and strong redevelopment potential across urban and suburban pockets.

  • Limited availability preserves asset value despite the premium cost of 1 acre land in Mumbai.
  • Redevelopment opportunities significantly enhance returns on plots with the rising price of 1 acre land in Mumbai city.
  • Large infrastructure projects improve utilisation, supporting steady long-term appreciation.

Who Should Buy 1 Acre of Land in Mumbai?

The 1 acre land price in Mumbai is best suited for capital-intensive investors seeking redevelopment value, long-term asset security, and exposure to high-entry-barrier real estate markets.

  • Institutional developers acquiring redevelopment-ready plots where price of 1 acre land in Mumbai city supports premium project viability.
  • Ultra-high-net-worth individuals preserving wealth through land assets despite consistently high 1 acre cost in Mumbai.
  • Commercial investors targeting high-FSI land parcels to maximise returns through redevelopment and long-term appreciation cycles.

Given the high cost of 1 acre land in Mumbai, thorough legal due diligence is essential to protect capital and ensure redevelopment or construction feasibility.

  • Clear Title & EC: Review ownership chain and confirm no registered encumbrances or legal claims.
  • Land Conversion Status: Verify NA (Non-Agricultural) order for construction or commercial usage.
  • BMC / MMRDA Zoning: Confirm permissible land use and FSI norms under development plans.
  • Local Authority Approvals: Ensure sanctioned layout, access permissions, and municipal clearances.

How NoBroker Can Help in Mumbai?

Navigating the high-value land market becomes simpler with NoBroker’s verified approach. NoBroker helps buyers evaluate 1-acre land prices in Mumbai by providing transparent listings and direct access to property owners. With verified plot listings, price comparisons, and support in legal documentation checks, buyers can avoid brokers and unnecessary markups. Whether investing for redevelopment or long-term holding, NoBroker enables informed decisions through authentic property data and expert assistance.

Frequently Asked Questions

Q1. What is the cheapest area to buy 1 acre in Mumbai?

Ans: Peripheral regions such as Panvel, Shahapur, and Wada offer more affordable land than prime urban Mumbai locations.

Q2. What is the average price per acre?

Ans: Average land prices range from a few crores in the outskirts to over ₹200 crore in premium South Mumbai localities.

Q3. Can NRIs buy agricultural land?

Ans: NRIs cannot purchase agricultural land but may invest in non-agricultural or converted plots approved for development.

Q4. Which area gives the highest return?

Ans: Redevelopment-friendly areas such as Andheri, Bandra, and Worli offer strong returns due to infrastructure upgrades and limited land supply.

Q5. What is land conversion?

Ans: Land conversion refers to obtaining a non-agricultural status that legally permits residential or commercial construction activities.

Q6. How much tax applies?

Ans: Stamp duty is around 6%, including metro cess, along with registration charges and applicable development premiums.

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ARTICLE SOURCES
  1. https://www.realestateindia.com/mumbai-property/residential-land-for-sale-in-mumbai-chembur.htm
  2. https://www.thepropertist.com/blog/mumbai-infrastructure-projects-transforming-real-estate-by-2026-427
  3. https://housivity.com/blog/best-areas-to-buy-property-in-mumbai
  4. https://housiey.com/blogs/top-best-areas-to-invest-in-mumbai-real-estate-in-2026-for-maximum-growth
  5. https://www.rustomjee.com/blog/the-impact-of-infrastructure-projects-on-real-estate-value-in-2026/
  6. https://www.homebazaar.com/knowledge/how-to-calculate-land-value-in-india/
  7. https://igrmaharashtra.gov.in/
  8. https://maharera.maharashtra.gov.in/

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