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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.

Press Bazar is a dense residential and commercial locality in South Mumbai bordering Dongri, Sandhurst Road, and Byculla. The pin code of Press Bazar in South Mumbai is 400008. The area has a traditional commercial character with many small traders and families living near the JJ Flyover. Residents frequently access the nearby Grant Government Medical College and JJ Hospital Mumbai for their needs. Sandhurst Road Metro Station on the upcoming Aqua Line 3 is located 1.5 km away. Mohammad Ali Road connects the area to Sandhurst Road Railway Station in under ten minutes. Average 2026 property rates range from Rs. 22,000 to Rs. 28,000 per sq ft, driven by local trade.
As of August 22, 2026, the property rate in Press Bazar ranges between Rs. 22,000 to Rs. 28,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Press Bazar mumbai | Rs. 22,000 to Rs. 28,000 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Press Bazar is between Rs. 7,000 and Rs. 15,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 7,000 to Rs. 9,000 |
| 2 BHK for rent | Rs. 10,000 to Rs. 12,000 |
| 3 BHK for rent | Rs. 13,000 to Rs. 15,000 |
*The rental rate is subject to change.
Property values in Press Bazar have experienced significant upward movement recently. The buyer price range for residential properties averages between Rs. 22,000 and Rs. 28,000 per sq ft. This represents a substantial year-on-year capital appreciation of 33.3% in 2026. Conversely, the rental market remains highly stable with monthly rates ranging from Rs. 7,000 to Rs. 15,000. The rental growth rate registered at 0% over the past year. High demand for hybrid spaces continues to support property values in this central South Mumbai trading hub. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
JJ Flyover is a prominent landmark in Press Bazar. Some more include:
Press Bazar is well-connected through Mohammad Ali Road and the following roads:
Sandhurst Road Metro Station on the Aqua Line 3 is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Sandhurst Road Railway Station, which is located 1.2 km away, and others:
Press Bazar is well-equipped with numerous top educational institutions, such as Grant Government Medical College and M.H. Saboo Siddik College of Engineering, along with:
Some reputed healthcare places near Press Bazar include JJ Hospital Mumbai, and others:
You can access Rubberwala The Platinum Mall and Jain Collection easily from Press Bazar mumbai. Some more include:
These localities are located around Press Bazar:
Here are some of the major employment centres near Press Bazar:
The popular landmarks within Press Bazar are:


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Satguru Enterprises has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
