I have been in the real estate industry in Mumbai for the last 6 years. I can tell you the real estate industry in Mumbai is renowned for its strong demand and expensive real estate prices. According to real estate trends in Mumbai, the pace of real estate appreciation has sharply increased from the previous year. The areas like Hanuman Nagar, Andheri East, Borivali West, Malad West, etc. have seen high rates.
How is the Mumbai Property Price Trend?
With its best-ever January 2025 performance in terms of deal registrations and stamp duty collection, Mumbai, the biggest and most expensive real estate market in the nation, has set a record. As per my data, over 12,000 properties have been registered, which is 9% more than the previous year's record.
I have shared the percentage growth of a few localities in Mumbai in the table below.
Locality |
2021 Rate (Rs./sq. ft.) |
2025 Rate (Rs./sq. ft.) (Till Feb 2025) |
Total Growth in 5 Years (%) |
Hanuman Nagar |
35,700 |
60,500 |
58.4% |
Film City Road |
22,550 |
32,850 |
48% |
Borivali West |
25,400 |
30,600 |
20.5% |
Malad West |
22,600 |
26,000 |
16% |
Andheri East |
24,900 |
30,000 |
14.9% |
Lokhandwala Kandivali East |
21,100 |
25,000 |
18..8% |
I believe this rate will only increase. I hope you get a rough idea of the real estate growth in Mumbai, and will recommend you do invest in properties here.
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How is the real estate market of Mumbai?
Elitehubs01
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2023-08-22T15:52:17+00:00 2025-03-27T19:07:25+00:00Comment
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