I have been living in Mumbai for the last 11 years, and now I plan to purchase a house here. So, I started researching about the home price in Mumbai. During the research, I learned that the prices mostly depend on the locality of the house. Apart from that, there are a few factors, such as amenities, the size of the house, etc.
What are the House Prices Mumbai?
As I mentioned above, house prices mostly depend on the location of the house. During my research, I had compiled a list of average rates and have added that below.
Location | Average Rates (per sq. ft.) |
Thane | Rs. 11,248 - Rs. 11,945 |
Ambivali | Rs. 16748 |
Andheri (East) | Rs. 4,687 - Rs. 34,961 |
Andheri (West) | Rs. 9,767 - Rs. 60,000 |
Ashok Nagar | Rs. 17,012 |
Dahisar | Rs. 4,727 - Rs. 27,787 |
Film City Road | Rs. 16098 |
Gokul Nagar | Rs. 17045 |
Bandra | Rs. 33067 - Rs. 42348 |
Juhu | Rs. 35672 |
These are rates for houses in Mumbai that I had learned about after my research. I hope you now have a good idea about the house prices in Mumbai now.
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I initially chose to invest in Mumbai because I was attracted by the beaches, the glitzy world of Bollywood stars, and the city\'s thriving social scene. While researching the same, I found that home price in Mumbai have increased by 9% annually on average during the last ten years. Real estate prices are high, due to a number of factors, including Mumbai\'s status as India\'s financial hub, the fact that demand exceeds supply, and the city\'s vibrant social scene.
How Much are the House Prices Mumbai?
As per my research, the most expensive real estate in Mumbai in 2025 can be found in neighbourhoods like Juhu and Bandra (east and west). In these places, the average price per square foot ranges from Rs. 35,000 to Rs. 55,000! Also, from what I found, the average apartment prices in Mumbai are as follows,
1 BHK- Rs. 65.5 Lakhs
2 BHK- Rs. 1.5 Crores
3 BHK- Rs. 3 Crores
4 BHK- Rs. 9 Crores
The average independent house rates in Mumbai are as follows:
1BHK- Rs. 55 Lakhs
2BHK- Rs. 1 crore
3BHK- Rs. 4.7 crores
4BHK- Rs. 12 crores
I hope this answers your query: how much does it cost to buy a house in Mumbai? Now let me tell you that the prices that I have shared above are just approximate rates and the exact cost might vary depending on several factors.
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How Much Does it Cost to Buy a House in Mumbai?
Trina
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10 months
2025-01-13T09:18:45+00:00 2025-01-13T09:18:46+00:00Comment
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