Property prices for sale in Mumbai (Maharashtra)

The prices in real estate in Mumbai, in the Maharashtra region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

₹ 97.97 lakhs
Average price last 6 months
₹ 16,104.67
Price/sq.foot last 6 months
Average price per sq.feet

The price per sq.foot in Mumbai has remained the same in the last 6 months. In August, the average price per sq.foot was ₹ 15,812. In the following month the price per sq.foot decreased to ₹ 14,309. In the following two months the price per sq.foot has barely changed, going from ₹ 15,060.5 to ₹ 15,466.5 per sq.foot. The price per sq.foot has had a considerable increase of 117 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.foot of ₹ 15,263.5 to ₹ 17,787 during December, and January.

Average price

Based upon to the price in Mumbai (cities), these have remained the same in the last 6 months. The average price for August is ₹ 1.02 crores. During September the price had a slight fall till ₹ 88 lakhs. In the following two months the average price has remained the same with regard to the previous two months from ₹ 94.89 lakhs to ₹ 92.59 lakhs. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.

Average price per BHK

The graph displaying the average price for BHK illustrates that those properties with 1 BHK are the cheapest ones. At a price of ₹ 1.09 crores they are 44 % more affordable than the average price for Mumbai. The properties with the highest average price have 4 BHK, Their price is 710 % more costly than the average. After that we have properties with 3 BHK priced at ₹ 3.51 crores.

With regard to the average price per sq.foot , those properties with 1 BHK are the cheapest ones at a cost of ₹ 13,234 / sq.foot, with an average ₹ 17,605 / sq.foot price in Mumbai. The properties with the highest average prices have 4 BHK. They are 141 % more expensive than the average followed by properties with 3 BHK with a price at ₹ 30,310 / sq.foot.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of ₹ 1.09 crores it is 29 % cheaper than the average price in Mumbai. "Land" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Office". At a price of ₹ 2.4 crores it is 204 % more expensive than the average price.

According to the average cost per sq.foot, the cheapest property type is "Land" at an average cost of ₹ 3,567 / sq.foot followed by "House" priced at ₹ 10,939 / sq.foot. "Office" is the most costly type of property with a ₹ 30,760 / sq.foot cost followed by "Commercial" with an average price of ₹ 29,335 / sq.foot.

Charts data
Average price January
Average price per sq.foot January
Number of properties used in Mumbai
Number of properties used in region Maharashtra
₹ 1.09 crores
₹ 17,605
7,15,522
16,46,148
** 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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