Property Rates in Byculla, Mumbai

Byculla, a prominent locality in Mumbai, showcases a diverse real estate market with an average asking price standing at ₹43,851 per sq ft. The registered rate, reflecting actual transaction values, is notably ₹24,000 per sq ft. Analyzing quarterly price trends, the locality experienced a decline from ₹49,045 per sq ft in March 2025 to ₹45,171 per sq ft by December 2025, indicating a period of adjustment. Within Byculla, sub-localities like Jacob Circle command higher rates at ₹44,040 per sq ft, while Byculla West averages ₹43,135 per sq ft and has shown a slight positive change of 0.21%. Conversely, areas like Byculla East and Agripada have seen price corrections of -13.01% and -12.46% respectively. The market is predominantly focused on apartments, priced at an average of ₹43,851 per sq ft, experiencing a modest dip of -2.92%. In terms of project status, 'Partially Ready To Move' properties lead with the highest average rate of ₹54,669 per sq ft, while 'Under Construction' projects show positive growth of 4.82% at ₹40,186 per sq ft, suggesting investor confidence in future supply. 'Ready To Move' options are available at ₹33,639 per sq ft. Top projects like Piramal Aranya, Peninsula Salsette 27, and Marathon Monte South are highly active, both in terms of transactions and overall value, with Piramal Aranya recording 5 transactions. The government registration data confirms a healthy market, with 785 transactions totaling ₹2,069 Cr between April 2025 and March 2026. Developers such as Piramal Realty, Peninsula Land, and Marathon are key players, driving significant transaction volumes in the area.