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Mumbai Residential Property Rates- Sale (Latest and Updated).

Please Note: The rates of South Mumbai properties seem higher, but if you observe the ratio of carpet to built up in these locations, the difference is 8 to 10% as compared to properties in Suburbs (Bandra to Andheri) 35 to 45%. says, Chetan D. Narain (President & CEO) . See his profile here: http://www.apartmentsmumbai.com/ceo.html . Read his columns (published in Times Of India - Times Property) here : http://www.narains.com/RESIDENTIAL-NEWS_Mainpg.htm

Rates mentioned below are in Indian Rupees. On per sq.ft. basis.

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Location		'A' Grade Bldg.	'B' Grade Bldg.	'C' Grade Bldg.
Cuffe Parade / Colaba	Current Rates	Rs.48,000 - 62,000*	Rs. 25,000 - 30,000	Rs. 20,000 - 22000
Cuffe Parade / Colaba	Rates in Oct - 2008	Rs.50,000 - 65,000*	Rs. 35,000 - 45,000	Rs. 22,000 - 25,000

Marine Drive / Nariman Point	Current Rates	Rs. 60,000 - 70,000 (NCPA Only)	Rs. 22,000 - 27,000	Rs. 18,000 - 20,000
Marine Drive / Nariman Point	Rates in Oct - 2008	Rs. 70,000 - 80,000 (NCPA Only)	Rs. 22,000 - 30,000	Rs. 20,000 - 22,000

Malabar / Cumballa Hill	Current Rates	Rs. 40,000 -65,000*	Rs. 22,000 - 35,000	Rs. 20,000 - 22,000
Malabar / Cumballa Hill	Rates in Oct - 2008	Rs. 45,000 -70,000*	Rs. 25,000 - 35,000	Rs. 22,000 - 25,000

Napean Sea / Warden Rd.	Current Rates	Rs. 40,000 -65,000*	Rs. 22,000 - 35,000	Rs. 20,000 - 22,000
Napean Sea / Warden Rd.	Rates in Oct - 2008	Rs. 45,000 - 70,000*	Rs. 25,000 -35,000	Rs. 22,000 - 25,000

Worli	Current Rates	Rs. 30,000 - 45,000*	Rs. 20,000 -30,000	Rs.18,000 - 22,000
Worli	Rates in Oct - 2008	Rs. 35,000 - 50,000*	Rs. 25,000 -35,000	Rs.18,000 - 22,000

Prabhadevi	Current Rates	Rs. 20,000 - 24,000	Rs. 15,000 - 19,000	Rs. 13,000 - 15,000
Prabhadevi	>Rates in Oct - 2008	Rs. 20,000 - 24,000	Rs. 17,000 - 20,000	Rs. 14,000 - 15,000

Bandra	Current Rates	Rs. 20,000 - 28,000	Rs. 15,000 - 18,000	Rs. 13,000 - 16,000
Bandra	>Rates in Oct - 2008	Rs. 22,000 - 30,000	Rs. 15,000 - 20,000	Rs. 13,000 - 16,000

Khar / Santacruz	Current Rates	Rs. 16,000 - 18,000	Rs. 14,000 - 16,000	Rs. 11,000 - 13,000
Khar / Santacruz	Rates in Oct - 2008	Rs. 20,000 - 22,000	Rs. 14,000 - 18,000	Rs. 11,000 - 13,000

Juhu	Current Rates	Rs. 14,000 - 22,000 (Sea facing)	Rs. 10,000 - 12,000	Rs. 7,500 - 9,000
Juhu	Rates in Oct - 2008	Rs. 18,000 - 25,000 (Sea facing)	Rs. 12,000 - 14,000	Rs. 9,000 - 11,000

Lokhandwala / Versova	Current Rates	Rs. 12,000 - 14,000	Rs. 9,000 - 12,000	Rs. 6,500 - 8,000
Lokhandwala / Versova	Rates in Oct - 2008	Rs. 13,000 - 16,000	Rs. 9,000 - 12,000	Rs. 7,500 - 8,500

Powai	Current Rates	Rs. 6,000 - 9,000	Rs. 5,000 – 6,500	Rs. 3,000 – 4,500
Powai	Rates in Oct - 2008	Rs. 9,000 -11,000	Rs. 7500 - 9,000	Rs. 6000 - 7,000

Mumbai Property rates per sq.ft. Latest and Updated . * Rates for "Carpet Area" based calculations. The difference from carpet to built up area in older buildings (1970's and before) is negligible. Rates are subject to amenities, upkeep & vary from apartment to apartment within the same building depending on view, layout etc