East Mumbai
Pincode- 400066
Peddar Road, officially known as Dr. Gopalrao Deshmukh Marg, with pin code 400026, is located in the heart of South Mumbai. It is surrounded by popular areas, such as Tardeo, Kemps Corner, and Tulsiwadi, with the Arabian Sea coastline and the Shree Mahalaxmi Temple precinct marking its northern edge. Residents have quick access to reputed institutions such as Villa Theresa High School and Jaslok Hospital, both located directly on the road. Grant Road on the Aqua Line is the nearest metro station, about 1 km away. Dr. Gopalrao Deshmukh Marg itself functions as the primary road through the locality, and current property rates range from Rs. 55,000 to Rs. 95,000 per sq ft. Limited land supply and a concentration of ultra-luxury addresses keep both resale and rental demand consistently high here.
The area feels safe even in the evening and there are good roads connecting towards Haji Ali and Kemps Corner. Parking is the main headache, especially when the roads get busy.
Schools and hospitals like Jaslok Hospital & Research Centre are easy to find around here. Jaslok being on Pedda rroad is a big plus for healthcare. Roads can get noisy, but the streets generally feel secure.
Getting around is easy if you use cabs or metro. I usually take the road towards Grant Road Metro when needed. Peak hour traffic near Kemps Corner can eat up a lot of time, so timing matters.
Peddar Road is mostly calm inside the smaller lanes, but the main road gets very busy. Walking can be annoying at some stretches, especially when cars and bikes take up the road space.
I like that many useful things are nearby, including doctors, pharmacies and small shops. The traffic noise on the main road is a little much sometimes, but the inner lanes are calmer.
Parking is a pain here, honestly. I usually leave the car farther away and walk rather than keep searching for a spot. The area itself feels clean and quite safe during the day.
Property here is clearly on the expensive side, but the location keeps demand strong. Hospitals, South Mumbai business areas and Metro Line 3 stations are all within reach. Returns depend heavily on the property price though.
Food options are decent and autos are easy enough to find. I mostly move around by bus or auto because the nearest metro is a little walk away. Rent is the bigger problem here...
Deliveries can be irritating when traffic builds up around Peddar Road and Haji Ali. Cars are parked everywhere at times, so loading becomes a headache. Still, there is regular movement through the area.
Dr. Gopalrao Deshmukh Marg is the primary road connecting Peddar Road, Mumbai. A few more options nearby are:
Grant Road on the Aqua Line is the nearest metro station, about 1 km away. A few more options nearby are:
Grant Road Railway Station is the nearest railway station, about 2 km away. A few more options nearby are:
Villa Theresa High School and Greenlawns High School are among the most sought-after schools on Peddar Road. A few more options nearby are:
Jaslok Hospital & Research Centre is the nearest hospital, located directly on Peddar Road. A few more options nearby are:
Heera Panna Shopping Centre is the nearest mall, about 900 m away. A few more options nearby are:
Some of the popular sub-localities in Peddar Road include Cumballa Hill and Breach Candy. Other nearby areas are:
Some of the top employment hubs near Peddar Road include Bandra Kurla Complex and the following:
Some of the famous landmarks in Peddar Road are Haji Ali Dargah, along with:
| Peddar Road | ||
| Overall Locality Rating | ||
| Road Condition | ||
| Proximity to Schools & Hospitals | ||
| Traffic Congestion | ||
| Property Price Range | N/A | |
| Growth in Property Prices (3 Yrs) | N/A | |
| Rent Price Range | N/A | |
| Growth in Rent Prices (3 Yrs) | N/A | |
| Total Properties Available | 9 properties available for sale and 1 properties available for rent |
Source: allevents.in
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Peddar Road remains one of South Mumbai's most expensive corridors, with average property prices and rentals reflecting steady, sustained appreciation. According to NoBroker's recent data, property prices range from Rs. 55,000 to Rs. 95,000 per sq ft. Rental range is between Rs. 1,60,000 to Rs. 2,50,000 per month, as rental demand stays strong through the year, powered by senior executives, business families, and expatriates seeking premium sea-facing and heritage-building addresses. Prices have shown YoY growth even as inventory in this pocket remains tightly constrained.
As of August 2026, the average monthly rent is around Rs. 1,60,000 to Rs. 2,50,000 per month and goes higher from there onwards.
|
Configuration |
Monthly Average Rental Rate* |
|
1 BHK |
Rs. 1,60,000 to 1,75,000 |
|
2 BHK |
Rs. 1,75,000 to Rs. 2,00,000 |
|
3 BHK |
Rs. 2,00,000 to Rs. 2,50,000 |
*Prices are subject to change
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Change: -
count
price
9 Properties Available
1 Properties Available
Home Cleaning
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2 BHK
NOT FURNISHED
Breach Candy,, Cumbala Hill Post Office, mumbai
Rent: ₹ 16,000
As of August 2026, property prices in Peddar Road range from Rs. 55,000 to Rs. 95,000 per square foot, with diverse options across heritage buildings and newer luxury towers.
Grant Road Metro Station on the Aqua Line, about 1 km away, serves the locality, along with BEST bus stops such as Nalanda and Cumbala Hill Post Office. Bhulabhai Desai Marg and Nepean Sea Road offer convenient road access to South and Central Mumbai.
Grant Road Railway Station, about 2 km away on the Western Line, is the nearest railway station.
The PIN code of Peddar Road is 400026.
Yes! Peddar Road is considered a safe and well-patrolled locality, with round-the-clock security common across its residential societies. It is favoured by senior professionals, business families, and long-term South Mumbai residents.
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Peddar Road is a costly place to rent in for sure but daily life is pretty sorted. Shops, cafes and autos are close by, and Grant Road Metro is not too far. Traffic gets irritating during office hours though.
The area feels safe even in the evening and there are good roads connecting towards Haji Ali and Kemps Corner. Parking is the main headache, especially when the roads get busy.
Schools and hospitals like Jaslok Hospital & Research Centre are easy to find around here. Jaslok being on Pedda rroad is a big plus for healthcare. Roads can get noisy, but the streets generally feel secure.
Getting around is easy if you use cabs or metro. I usually take the road towards Grant Road Metro when needed. Peak hour traffic near Kemps Corner can eat up a lot of time, so timing matters.
Peddar Road is mostly calm inside the smaller lanes, but the main road gets very busy. Walking can be annoying at some stretches, especially when cars and bikes take up the road space.
I like that many useful things are nearby, including doctors, pharmacies and small shops. The traffic noise on the main road is a little much sometimes, but the inner lanes are calmer.
Parking is a pain here, honestly. I usually leave the car farther away and walk rather than keep searching for a spot. The area itself feels clean and quite safe during the day.
Property here is clearly on the expensive side, but the location keeps demand strong. Hospitals, South Mumbai business areas and Metro Line 3 stations are all within reach. Returns depend heavily on the property price though.
Food options are decent and autos are easy enough to find. I mostly move around by bus or auto because the nearest metro is a little walk away. Rent is the bigger problem here...
Deliveries can be irritating when traffic builds up around Peddar Road and Haji Ali. Cars are parked everywhere at times, so loading becomes a headache. Still, there is regular movement through the area.
Kharghar 
Peddar Road is a costly place to rent in for sure but daily life is pretty sorted. Shops, cafes and autos are close by, and Grant Road Metro is not too far. Traffic gets irritating during office hours though.