Property prices for rent in Mumbai (Maharashtra)

The rent prices in real estate in Mumbai, in the Maharashtra region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

₹ 67,701
Average price last 6 months
₹ 90.83
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Mumbai has barely changed in the last 6 months. In January, the average price per sq.foot was ₹ 90.45. In February this price barely changed remaining at ₹ 93.92 per sq.foot. In the following two months the price per sq.foot has practically remained the same, going from ₹ 92.18 to ₹ 92.46 per sq.foot. The price per sq.foot has hardly changed in the last two months compared to the average price of the previous four months going from an average price of ₹ 92.32 to ₹ 87.84 during May y June

Average price

When referring to the price in Mumbai (cities), there have hardly been any changes in the last 6 months. The rent price in January is ₹ 68,275, rising in February till ₹ 72,125. In the following two months the average price has hardly changed with regard to the previous two months from ₹ 70,200 to ₹ 67,625. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from ₹ 68,912.5 to ₹ 65,278 in May and June.

Average price per BHK

The graph displaying the average rent price for BHK illustrates that those properties with 1 BHK are the most affordable ones. At a price of ₹ 67,750 they are 47 % more affordable than the average price for Mumbai . The properties with the highest average price have 4 BHK, Their price is 251 % more expensive than the average. After that we have properties with 3 BHK priced at ₹ 1.11 lakhs.

With regard to the average price per sq.foot, those properties with 1 BHK are the most affordable ones at a cost of ₹ 82.59 / sq.foot, with an average ₹ 90.56 / sq.foot price in Mumbai. The properties with the most expensive average prices have 4 BHK. They are 30 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 92.85 / sq.foot.

Price per property type

The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of ₹ 67,750 it is 72 % more affordable than the average price in Mumbai. "Flat" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "House". At a price of ₹ 1.91 lakhs it is 1800 % more expensive than the average price.

According to the average cost per sq.foot, the most affordable property is "Office" at an average price of ₹ 37.07 / sq.foot followed by "Land" priced at ₹ 53.34 / sq.foot. "Villa" is the most expensive type of property with a ₹ 344 / sq.foot value followed by "House" with an average price of ₹ 165.8 / sq.foot.

Charts data
Average price June
Average price per sq.foot June
Number of properties used in Mumbai
Number of properties used in region Maharashtra
₹ 67,750
₹ 90.56
3,42,158
7,53,418
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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 1
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