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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Girgaon is a historic residential locality in South Mumbai, bordered by Grant Road, Kalbadevi, and Malabar Hill. The official pin code of Girgaon is 400004. This traditional neighbourhood features a dense Maharashtrian culture with iconic landmarks like Khotachiwadi and Keshavji Naik Chawl. Families here regularly access Wilson College and Sir H. N. Reliance Foundation Hospital for their daily needs. Grant Road Metro Station on the Aqua Line 3 is the closest transit option, located 1.2 km away. Residents use Jagannath Shankar Sheth Road to reach Charni Road Railway Station in under ten minutes daily. Average 2026 property rates range from Rs. 38,000 to Rs. 52,000 per sq ft for redeveloped apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Girgaon mumbai | Rs. 38,000 to Rs. 52,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 25,000 to Rs. 40,000 |
| 2 BHK for rent | Rs. 45,000 to Rs. 65,000 |
| 3 BHK for rent | Rs. 70,000 to Rs. 95,000 |
Property values in Girgaon show steady market dynamics driven by redevelopment projects. Buyers can expect purchase rates between Rs. 38,000 and Rs. 52,000 per sq ft, reflecting a recent price correction of -8.7% over the past year. The rental market remains active with monthly rates ranging from Rs. 25,000 to Rs. 95,000, showing a minor decline of -9.4% in rental yields. Despite short-term fluctuations, the long-term capital appreciation remains positive due to the premium South Mumbai address. Demand is sustained by families seeking modern high-rise apartments near major commercial hubs. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Girgaon Chowpatty is a prominent landmark in Girgaon. Some more include:
Girgaon is well-connected through Jagannath Shankar Sheth Road and the following roads:
Grant Road Metro Station on the Aqua Line 3 is the closest public transit option, located 1.2 km away. Some more include:
The nearest railway station and airport are Charni Road Railway Station, which is located 0.8 km away, and others:
Girgaon is well-equipped with numerous top educational institutions, such as Wilson College and Aryan High School, along with:
Some reputed healthcare places near Girgaon include Sir H. N. Reliance Foundation Hospital and Research Centre, and others:
You can access High Street Phoenix and Palladium Mall easily from Girgaon mumbai. Some more include:
These localities are located around Girgaon:
Here are some of the major employment centres near Girgaon:
The popular landmarks within Girgaon are:


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Rubberwala Housing & Infrastructure Ltd: Tomorrow's ultimate housing at today prices! We at Rubberwala Housing & Infrastructure Ltd. aspire to fulfill man's primary requirements of housing with grace and beauty, creating structures that man is proud to call home. To live in an environment befitting his status in life or one he aspires. We aim to make his dreams come true & are dedicated to giving our customers the best quality homes and the most courteous service possible. Rubberwala Housing & Infrastructure Ltd. (RHIL) is a firm of high repute and is focused on developing affordable and luxurious homes with quality amenities. Established in 2003, the company has developed several luxury and budget projects in various prime locations in Mumbai. Over the years, RHIL has earned a reputation for quality and innovation. All of its projects provide maximum space possible with latest modern design and classy quality fixtures and amenities. The company takes particular care in ensuring its projects feature safe and fail-proof construction. We ensure that all properties have a clear title so to give our esteem customers a seamless and trouble free experience. Today, owning a home in a RHIL property is associated with prestige as our project forges ahead in new areas and redevelops the landscape and surrounding areas for the betterment of the neighbourhood.
