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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.

Yari Road is a premium coastal residential locality in western Mumbai, bordering Versova and Seven Bungalows. The pin code of Yari Road is 400061. This quiet neighbourhood attracts creative professionals and actors, featuring landmarks like the Central Institute of Fisheries Education. Residents send children to Jankidevi Public School and visit Kokilaben Dhirubhai Ambani Hospital for medical needs. Versova Metro Station on Blue Line 1 is the nearest transit point, located 1.5 km away. JP Road links the area to Andheri Railway Station, taking about twenty minutes to reach. In 2026, average property rates range from Rs. 28,000 to Rs. 42,000 per sq ft, dominated by apartments. High rental demand from the media industry drives the local real estate market.
| Locality | Property Price per sq ft* |
|---|---|
| Yari Road mumbai | Rs. 28,000 to Rs. 42,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 35,000 to Rs. 48,000 |
| 2 BHK for rent | Rs. 55,000 to Rs. 70,000 |
| 3 BHK for rent | Rs. 75,000 to Rs. 95,000 |
Property values in this coastal enclave show significant fluctuations over recent years. The buyer market experienced a decline of 10.4% in 2026. Average purchase rates now range from Rs. 28,000 to Rs. 42,000 per sq ft. Conversely, the rental market has shown strong growth recently. Lease values increased by 24.3% during the same period. Monthly rental rates now range from Rs. 35,000 to Rs. 95,000. This divergence highlights strong tenant demand from media professionals. Buyers remain cautious despite the premium coastal appeal of the area. The upcoming metro lines are expected to stabilize prices soon. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Versova Beach is a prominent landmark in Yari Road. Some more include:
Yari Road is well-connected through JP Road and the following roads:
Versova Metro Station on the Blue Line 1 is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Andheri Railway Station, which is located 5.5 km away, and others:
Yari Road is well-equipped with numerous top educational institutions, such as Jankidevi Public School and Stellar World School, along with:
Some reputed healthcare places near Yari Road include Kokilaben Dhirubhai Ambani Hospital, and others:
You can access Infiniti Mall and Crystal Point Mall easily from Yari Road mumbai. Some more include:
These localities are located around Yari Road:
Here are some of the major employment centres near Yari Road:
The popular landmarks within Yari Road are:


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Spacious Properties LLP 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.
