Find the picture-perfect 3 BHK flats for sale in Mumbai in popular and posh localities on Square Yards. You can find 3 BHK flats in Mumbai for sale with top-notch amenities in prominent localities like Sion, Malad West, Andheri West, Chunnabhatti and Goregaon East. Choose from furnished and semi-furnished 3 BHK in Mumbai, catering to your preferences and family requirements. Discover a peaceful lifestyle surrounded by parks, schools, and malls nearby, striking a perfect balance between comfort and city convenience.
Experience the epitome of luxury living in this exquisite 3bedroom Flats located in the prestigious Hiranandani Empress Hill, nestled in the vibrant locality of Powai, Mumbai.With a generous area of 1296 square feet, this unfurnished gem offers a blank canvas
Looking for a spacious Flats in a safe and secure locality of Powai, Mumbai.Look no further! Located in the prime location of Powai, Hiranandani Empress Hill is an exquisite residential project offering breakthrough prices with a plethora of amenities.Spread across
Welcome to this exquisite 3 BHK Flats in the prime location of Powai, Mumbai.This beautifully designed apartment in the Hiranandani Empress Hill project offers a breakthrough price of Crores. With an area of 1950 Square Feet, this well-ventilated apartment
Explore this luxurious 3 BHK unfurnished Flats at Hiranandani Empress Hill, located in the prime locale of Powai, Mumbai.Developed by a highly reputed builder, this property offers an outstanding investment opportunity in a peaceful vicinity.Spread across a sprawling area of
Discover a remarkable opportunity in the vibrant locality of Chembur, Mumbai, with this stunning 3bedroom Flats available for sale at an attractive price of crore.Spanning an expansive area of 1,566 square feet, this newly built residence is perfect for
Discover the perfect blend of modern living and prime location with this stunning 3bedroom Flats situated in the highly soughtafter Khar West area of Mumbai.Priced at an attractive crore, this unfurnished residence spans an impressive 920 square feet, offering
Introducing a spacious Flats in the highly sought-after locality of Khar West, Mumbai.This is your opportunity for a quick deal in a peaceful vicinity, at a breakthrough price. The property is a perfect choice for families looking for a peaceful
Welcome to your dream home in the serene surroundings of Thakur Village, Kandivali East, Mumbai.This stunning semifurnished Flats in the prestigious Viceroy Park project is now available for sale at an attractive price of crore. Spanning an impressive 985
Step into the epitome of luxury living with this exquisite 3bedroom Flats nestled in the prime locality of Kandivali, Mumbai.Priced at an attractive crore, this spacious 900 square feet residence offers a harmonious blend of modern elegance and comfort,
Located in the prime location of Khar West, Mumbai, this spacious 3 BHK Flats in the gated society of Mayfair Muse is the perfect property for those looking for a safe and secure locality.With a high rental yield, this property
Discover the perfect blend of luxury and convenience in this exquisite 3bedroom Flats located in the soughtafter Polaris Tower, nestled in the heart of Goregaon West, Mumbai.Priced at an attractive 6 Cr, this spacious residence spans an impressive 1700 square
Welcome to the Adonia Flats in Powai, Mumbai! This beautiful semi-furnished 3BHK Flats is now available for sale at a competitive price of 1 Cr.Spread across an area of 1600 Square Feet, this apartment offers you a luxurious and comfortable
Available multipurpose Flats for sale in Omkar Alta Monte, Malad East.Omkar Alta Monte presents a luxurious 3 BHK residence for sale, offering breathtaking views and unparalleled comfort. Features: Spacious 3 bedrooms with en-suite bathrooms Large living and dining area Modern
Welcome to this exquisite 3 BHK Flats located in the heart of Malad East, Mumbai.Situated in the prime location of Omkar Alta Monte, this spacious and well-maintained property is perfect for those looking for a safe and secure a
Discover your dream home in the heart of Malad East, Mumbai, with this stunning semifurnished Flats located in the esteemed Omkar Alta Monte project.Spanning a generous area of 1,790 square feet, this exquisite residence boasts a serene garden view, ensuring
Situated in the lively locality of Malad East, Mumbai, this spacious 3 BHK Flats is a perfect choice for your family.This semi-furnished apartment is part of the prestigious Omkar Alta Monte project, offering an exquisite living experience. Designed keeping in
Introducing a stunning 3 BHK Flats for sale in Malad East, Mumbai.Located in the coveted Omkar Alta Monte project, this spacious unit is the epitome of luxury living. With a size of 1790 square feet, this semi-furnished apartment offers ample
Exclusive Inventory at Sunteck City Nearing Possession! Experience Your Dream Home Before You Buy! 3 BHK | 1036 Sq. Ft. (Higher Floors) Cr (All-In) Nearing Possession | - Avenue 4* Limited inventory left! Don`t miss
Discover a remarkable opportunity to own a stunning Flats in the heart of Goregaon West, Mumbai, nestled within the prestigious Sunteck City Avenue 4.Priced at an attractive crore, this spacious 3bedroom, 3bathroom residence offers a generous living area of
Discover your dream home in the vibrant locality of Goregaon West, Mumbai, where modern living meets luxury at Sunteck City Avenue 4.This stunning Flats, available for sale at an attractive price of crore, offers an expansive living space of
Looking for a spacious and well-designed builder floor for sale in Gandhi Nagar, Mumbai.Look no further! This semi-furnished builder floor is perfect for those seeking a comfortable and contemporary living space. With a total area of 1760 square feet, this
Introducing a remarkable builder floor available for sale in Sewree Estate, Mumbai.Situated on a wide road, this breakthrough priced property presents an excellent opportunity for homebuyers looking for affordable luxury.This unfurnished builder floor spans across an area of 570 square
Looking for a spacious builder floor in Andheri West, Mumbai.This beautifully designed 3 BHK builder floor is now available for sale in the prime location of Andheri West. With a carpet area of 1100 square feet, this property offers ample
Explore the epitome of luxury lifestyle with this exquisite 3 BHK builder floor in the esteemed locality of Juhu, Mumbai.Adorned with elegance, this abode presents a serene living experience and is a perfect match for the quintessential in a
Discover the epitome of luxury living with this stunning 3bedroom Flats for sale in the prestigious Oberoi Sky City, located in the soughtafter locality of Borivali East, Mumbai.Spanning an impressive 1,094 square feet, this unfurnished residence offers a blank canvas
Looking for an affordable and spacious Flats in a safe and secure locality.Look no further! We present to you a luxurious 3BHK apartment for sale in the prime location of Borivali East, Mumbai. This apartment is located in the prestigious
Discover your dream home in the prestigious Oberoi Sky City, located in the vibrant locality of Borivali East, Mumbai.This stunning 3bedroom Flats offers a spacious 1,073 square feet of living space, designed to provide the ultimate comfort and luxury. Priced
Discover luxury living in this exquisite 3bedroom Flats located in the prestigious Oberoi Sky City of Borivali East, Mumbai.Priced at crore, this semifurnished gem spans a generous 1,094 square feet and is situated on the 24th floor of a
Introducing a luxurious 3 BHK Flats for sale in Malad West, Mumbai.Situated in the prestigious locality, this apartment is part of the well-known Rajesh Raj Infinia project by a reputed builder. Boasting of a total area of 1095 square feet,
Looking to buy a spacious Flats in Malad West, Mumbai.Look no further! We have the perfect property for you in Rajesh Raj beautifully designed 3 BHK apartment is available for sale. With an area of 1031 square feet, this
Looking for a spacious Flats in the prime location of Malad West, Mumbai.Look no further! We present to you a beautiful 3 BHK unfurnished apartment in the prestigious Rajesh Raj Infinia project. Situated on the ground floor, this apartment spans
Step into the elegance of modern living with this stunning 3bedroom Flats for sale in the coveted Rajesh Raj Infinia, nestled in the vibrant locality of Malad West, Mumbai.Priced at an attractive crore, this unfurnished gem spans an area
Welcome to Rajesh Raj Infinia, a luxurious and spacious 3 BHK Flats located in the pristine locale of Malad West in Mumbai.This unfurnished apartment is perfect for those looking to create their dream home exactly as they across a
Experience a serene and peaceful lifestyle near City Center in Mumbai with this independent house at Usagav, Vajreshwari, Virar East.Situated in a family-friendly neighborhood, this property offers plenty of sunlight, ensuring a healthy and natural living environment.This semi-furnished house features
Introducing a breakthrough price for a luxurious and spacious independent house located in Sai Bungalow, Virar West, Mumbai.This stunning property promises a high standard of living along with the convenience of having reputed schools in its vicinity.Spanning across 3000 square
Looking for your dream home in Mumbai.Look no further! This well-maintained independent house in Gorai 2 is perfect for you. Situated on a wide road in a prime location, this property offers everything you need for a comfortable lifestyle.With a
MhadaA Row House, Bungalows this Jodi Bungalow 60 meter + 60 meter very well relative connectivity, very best by Lokhandwala market and 7 bungalow Metro Station, very close to distance Grond plus one with Terrace 6. Cr price negotiable
A Spacious and Inviting 3 BHK Independent House in Borivali West, MumbaiThis charming independent house located in the peaceful locality of Borivali West, Mumbai offers the perfect blend of comfort and convenience.With a total area of 3000 square feet, this
Discover a luxurious lifestyle in this stunning semifurnished 3bedroom Flats located in the highly soughtafter DB Orchid Woods at Goregaon East, Mumbai.Spanning an impressive 1820 square feet, this residence offers a spacious layout designed for comfort and elegance. Situated on
Discover the epitome of modern living at DB Orchid Woods, an exquisite Flats nestled in the vibrant locality of Goregaon East, Mumbai.This spacious 3bedroom apartment sprawls over a generous area of 1820 square feet, providing an abundance of space for
Discover an exquisite opportunity to own a stunning Flats in the serene locale of Goregaon East, Mumbai, where luxury meets comfort.This fully renovated gem is part of the prestigious DB Orchid Woods project and spans a generous 1820 square feet,
Introducing an exquisite 3 BHK furnished Flats for sale in Goregaon East, Mumbai.This stunning property is located in the renowned DB Orchid Woods project. Spread across 1820 Square Feet, this apartment offers spacious and comfortable living spaces. The apartment boasts
Available 3 BHK semi furnished Flats for sale in DB Orchid Woods. All modern amenities available in there society. Good connectivity for going anywhere. Contact Us For More Details.
This spacious and unfurnished 3 BHK Flats is located in the prime locality of Worli, Mumbai.Situated in a gated society, this property offers a perfect balance between comfort and luxury. With plenty of sunlight, this apartment allows natural light to
Introducing a magnificent 3BHK Flats in the prestigious Worli locality of Mumbai, offering all the comforts and conveniences of modern living.This spacious and well-ventilated apartment is situated in the sought-after Indiabulls Blu across 1395 square feet, this Vastu-compliant apartment
A luxurious 3BHK fully furnished Flats is available for sale in the prestigious Indiabulls Blu project in Worli, South Mumbai, offers an exceptional living experience. Spanning 1045 sqft carpet area, this spacious apartment offers 3 spacious bedrooms, 2 washrooms (1
Experience the epitome of luxury living with this exquisite furnished 3 BHK Flats located in the heart of Upper Worli, Mumbai.Situated in the prime location of Indiabulls Blu, this well-maintained property offers a lavish lifestyle combined with breathtaking sea
Introducing a luxurious and spacious Flats for sale in the heart of Mumbai, located in the prestigious locality of Worli.This apartment in the renowned Indiabulls Blu project offers a perfect blend of comfort, elegance, and exclusivity that is sure to
Introducing a beautifully designed and semi-furnished villa in the serene locality of Virar West, Mumbai.This villa boasts a mesmerizing sea view and is perfect for homebuyers seeking a calm and tranquil environment.With a total built-up area of 1700 square feet,
An investment opportunity of a lifetime awaits you at Custom Colony Row House on Marol Military Road, Andheri East.This fully renovated villa offers tasteful interiors and is perfect for female buyers looking for their own slice of serenity. With 1380
Located in the picturesque neighborhood of Kandivali West, Mumbai, this beautiful semi-furnished villa is perfect for those seeking a dream home.Situated in the esteemed project of Nandanvan Charkop, this villa offers a serene and peaceful living across an
Introducing a lavish villa in the heart of Goregaon West, Mumbai.This spacious and well-maintained property is available for sale and is perfect for those looking for a comfortable and luxurious living across an area of 3500 square feet, this
Located in the well-maintained and safe & secure locality of Dahisar East, Mumbai, this affordable villa is perfect for those looking for a comfortable and family-friendly home.With a spacious area of 700 square feet, this well-ventilated villa offers a peaceful
Well maintained Flats with all requisites within walking distance- next to schools and colleges and Markets. Close proximity to the station. Well Ventilated and safe locality
penthouse available for outright , Bandra West, Mumbai. 3700 carpet (2000 inner part including balconies) (1700 private terrace private swimming pool) :- Furnished 3 car parks Personal swimming pool with privacy Personal lawn terrace with privacy 4 bed 3 bath
Located in the prime area of Sector 21, Nerul East in Mumbai, this luxurious penthouse offers a perfect blend of affordable living and a lavish lifestyle.Situated amidst a peaceful vicinity, this property guarantees tranquility and serenity to its residents.The penthouse
Introducing an exquisite penthouse for sale in the luxurious locality of Imperial Heights, 16th Rd, Bandra West, Mumbai.This stunning property offers a sought-after lifestyle and an unparalleled living experience. With its prime location, semi-furnished interiors, and modern amenities, this spacious
Introducing a luxurious penthouse for sale in Juhu Versova Link Road, Mumbai.This exquisite property is available at an attractive price of 6 crore. Covering an area of 1600 square feet, this unfurnished penthouse features breathtaking beach views from every corner,
Discover an exquisite living experience in the heart of Goregaon East, Mumbai, with this stunning 3bedroom Flats available for sale at a price of 7 crore.Nestled within the prestigious Oberoi Realty Esquire project, this unblemished unit spans an impressive 1366
Available 3 BHK for sale in Oberoi Realty Esquire. All modern amenities available in there a lifestyle of unparalleled luxury and convenience at Oberoi Esquire. Whether youre hosting gatherings at the elegant clubhouse, enjoying leisurely strolls in the manicured
Are you looking for a safe and secure locality in Mumbai at an affordable price.Look no further! We present to you a spacious and luxurious 3BHK Flats for sale in Oberoi Realty Esquire, located in the prime location of Goregaon
Welcome to this beautiful Flats located in the prime locality of Goregaon East, Mumbai.This stunning property is a perfect blend of luxury, comfort, and convenience, making it ideal for those seeking a high-quality living a spacious area of 1366
Experience the epitome of luxury living in this stunning 3bedroom Flats located in the prestigious Oberoi Realty Esquire, nestled in the vibrant neighborhood of Goregaon East, Mumbai.Spanning a generous 1,366 square feet, this semifurnished residence is perfectly designed for families
Discover your dream home in the heart of Mumbai with this stunning Flats located in the coveted Prabhadevi locality.Set within the prestigious Eon One project, this luxury apartment covers an impressive area of 1305 square feet and is designed to
Nestled in the vibrant locality of Prabhadevi, Mumbai, this stunning semifurnished Flats in the prestigious Eon One project offers an exceptional living experience that combines luxury with modern convenience.Priced at crore, this spacious 3bedroom, 4bathroom home spans an impressive
Introducing a spacious and luxurious 3 BHK Flats in the heart of Prabhadevi, Mumbai.Located in a prime location, this property is perfect for those who seek a luxurious lifestyle accompanied by serene beach views. This apartment, spread across 1222 square
Discover the perfect blend of comfort and convenience in this stunning 3bedroom Flats located in the vibrant locality of Chembur, Mumbai.Priced at an attractive crore, this newly built property spans an impressive 930 square feet and is situated on
Discover your dream home in the vibrant locality of Chembur, Mumbai, with this stunning 3bedroom Flats for sale in the esteemed Pallavi Chhaya CHS.Spanning an impressive 930 square feet, this unfurnished gem offers ample space for you to create the
Welcome to a stunning opportunity in the heart of Chembur, Mumbai! This spacious 3bedroom Flats in the newly built Pallavi Chhaya CHS is perfect for families looking for a blend of comfort and modern living.With an impressive area of 930
Looking for an affordable yet spacious Flats near the city center of Mumbai.Look no further! Introducing a fantastic opportunity to own a 3 BHK apartment in the prime location of Chembur. Situated in a gated society, the Pallavi Chhaya CHS
This spacious and well-ventilated 3-bedroom Flats is now available for sale in Chembur, Mumbai.Located in a prime location with wide roads and easy accessibility, this property is ideal for families seeking affordable accommodation. Situated in the Pallavi Chhaya CHS project,
Discover the epitome of luxury living in this stunning 3bedroom Flats located in the vibrant Malad West area of Mumbai.Priced at 4 crore, this unfurnished gem spans an impressive 1,116 square feet and is situated on the 50th floor of
Welcome to this luxurious 3 BHK Flats in Malad West, Mumbai.This spacious and elegantly designed apartment is located on the 41st floor of the prestigious Sheth Auris Serenity Tower 3. Covering an area of 1540 square feet, this unfurnished apartment
Experience the pinnacle of luxury living in this stunning 3bedroom Flats located in the prestigious Sheth Auris Serenity Tower 3, nestled in the prime locality of Malad West, Mumbai.Spanning an impressive 1,233 square feet, this residence offers breathtaking sea views
Discover an extraordinary opportunity to own a remarkable Flats in the prestigious Oberoi Exquisite Goregaon, ideally situated in the vibrant locality of Goregaon East, Mumbai.This stunning 3bedroom, 3bathroom residence spans a generous 1300 square feet and is poised on the
Nestled in the vibrant locality of Goregaon East, Mumbai, this luxurious 3bedroom Flats in the esteemed Oberoi Exquisite project is a perfect blend of comfort and elegance, making it an ideal family residence.Spanning an impressive 1,100 square feet, this furnished
Live in luxury with this exquisite 3 BHK Flats in Goregaon East, Mumbai.Situated in the esteemed Oberoi Exquisite project, this furnished apartment offers a comfortable and modern living experience. Spread across 2200 square feet, this apartment boasts a stunning road
Located in the safe and secure locality of Goregaon East, Mumbai, this Flats in Oberoi Exquisite offers a luxury lifestyle for families looking for a well-maintained property.Spread across an area of 1800 square feet, this semi-furnished 3 BHK apartment is
Discover the epitome of luxury living in this stunning 3bedroom Flats located in the prestigious Oberoi Exquisite, situated in the soughtafter locality of Goregaon East, Mumbai.Priced at an attractive crore, this expansive 1568 square feet residence offers an incredible
Buying a 3 BHK flat in Mumbai for sale can be a tiring and daunting task. The city is rife with fraudulent brokers and expensive units, making it easy to become overwhelmed when deciding where to live. But don't worry – Square Yards is here to help. Our website makes finding a 3 BHK Flat for Sale in Mumbai much easier, offering a wide range of property options and various types of homes in every neighbourhood. Let us take the hassle out of your search and help you find your perfect home in this city.
Malad West
Malad West is a lively area in Mumbai that offers a perfect mix of work-life balance. Another perk of this locality is its proximity to areas like Goregaon and Andheri. Residents in Malad West can explore large malls like Inorbit and Infinity and unwind in beautiful parks such as Mindspace Garden. Additionally, the area is home to reputable schools, including Ryan International and St. Joseph’s, providing excellent education options. With nearby train stations at Malad and Kandivali, commuting is a breeze. The area is also well-connected by major roads like Link Road and Swami Vivekananda Road. Malad West is an ideal spot to find your perfect 3 BHK Flat for Sale in Mumbai.
Flats for Sale in Malad West, Mumbai
| 2 BHK Flats For Sale in Malad West, Mumbai |
| 3 BHK Flats For Sale in Malad West, Mumbai |
| 4 BHK Flats For Sale in Malad West, Mumbai |
Sion
Sion is in the central part of Mumbai, making living there convenient. Important areas like Dadar and Matunga surround it. Good schools such as SIES High School and Don Bosco High School are nearby. Residents enjoy nature in Sion Fort Garden and Five Gardens. With Sion station close by and major roads like the Eastern Express Highway, moving around is easy. Sion is a great choice for buying flats, offering a mix of city life and quiet spots.
Flats for Sale in Sion, Mumbai
| 2 BHK Flats For Sale in Sion, Mumbai |
| 3 BHK Flats For Sale in Sion, Mumbai |
| 4 BHK Flats For Sale in Sion, Mumbai |
Goregaon West
Goregaon West is a sought-after suburb in Mumbai known for its green spaces and residential appeal. It is close to areas like Andheri and Malad, offering a blend of tranquillity and city life. The locality features renowned schools such as Vibgyor High School and St. John's Universal School, making it ideal for families. Popular shopping destinations include City Centre Mall and Oberoi Mall. Goregaon West is well-connected by the Goregaon station and roads like the Western Express Highway, providing easy access to other parts of Mumbai. It's a perfect place to buy flats for modern amenities and natural beauty.
Flats for Sale in Goregaon West, Mumbai
| 2 BHK Flats For Sale in Goregaon West, Mumbai |
| 3 BHK Flats For Sale in Goregaon West, Mumbai |
| 4 BHK Flats For Sale in Goregaon West, Mumbai |
Chunabhatti
Chunabhatti is a peaceful and strategically located suburb in Mumbai, nestled between Sion and Kurla. It's a quieter part of the city, offering a relaxed lifestyle away from the urban rush. The area hosts several schools, including Lokmanya Tilak High School, enhancing its family-friendly appeal. Residents enjoy access to local parks and essential shops. With Chunabhatti railway station nearby and connectivity via the Eastern Express Highway, commuting is convenient. Chunabhatti offers affordable flats, making it an attractive option for those seeking a calm yet connected place to live.
Flats for Sale in Chunabhatti, Mumbai
| 2 BHK Flats For Sale in Chunabhatti, Mumbai |
| 3 BHK Flats For Sale in Chunabhatti, Mumbai |
| 4 BHK Flats For Sale in Chunabhatti, Mumbai |
Kandivali East
Kandivali East is a rapidly growing Mumbai suburb known for its modern infrastructure and family-friendly environment. It's home to well-regarded schools like Thakur Public School and Cambridge School, catering well to young families. The area features multiple shopping centres, such as Growel's 101 and Thakur Mall, providing ample entertainment and shopping options. Kandivali East enjoys excellent connectivity through Kandivali station and the Western Express Highway, making travel across Mumbai easy. If you are looking for a 3 BHK Flat for Sale, It's an excellent place to buy flats, offering comfort and convenience in a dynamic setting.
Flats for Sale in Kandivali East, Mumbai
| 2 BHK Flats For Sale in Kandivali East, Mumbai |
| 3 BHK Flats For Sale in Kandivali East, Mumbai |
| 4 BHK Flats For Sale in Kandivali East, Mumbai |
Mumbai, famously known as the 'City of Dreams', is also the economic powerhouse of India, where millions find their livelihood and turn their aspirations into reality. The city is constantly evolving, with recent developments in Mumbai and its neighbouring suburbs like Thane and Navi Mumbai enhancing the standard of living and expanding residential opportunities. This growth reshapes the skyline and improves the infrastructure, connectivity, and amenities, making Mumbai a more livable and efficient global city.
Rest assured, it's a wise choice if you're contemplating investing in property here. Mumbai's robust transit system, including its lifeline of local trains supplemented by metro and monorail services, ensures excellent connectivity across the city. When scouting for a 3 BHK Flat for Sale, consider the locality's connectivity, infrastructure, and amenities. Each area offers unique advantages, making every investment in Mumbai's real estate a financial decision and a step towards a richer, more fulfilling lifestyle.
| Category | Details |
| Country/State | India / Maharashtra |
| City Area | 603.4 km² (233.0 sq mi) |
| Metropolitan Area | 4,355 km² (1,681.5 sq mi) |
| GDP | $400 Billion |
| Official Language | Marathi |
| Population | 17,673,000 |
| Sub Registrar Office | IGR Maharashtra |
| Online Property Details | Mahabhumi Maharashtra |
Stamp duty charges in Mumbai follow the guidelines established by the Maharashtra Stamp Act of 1958, recently updated by the government. The amount of stamp duty and registration fees you'll pay depends on several factors, including the property type, the owner's gender, location, market value, and age. Here is a summary of the revised rates:
| Gender of Owner | Registration Charges (for property value up to ₹30 Lakh) | Stamp Duty (% of market value) |
| Male | 1% | 6% |
| Female | 1% | 5% |
| Male + Female | 1% | 6% |
| Male + Male | 1% | 6% |
| Female + Female | 1% | 5% |
Additionally, it's noted that:
The real estate market in Mumbai continues to thrive without any signs of a downturn in recent decades. The presence of multinational corporations and key figures in the entertainment industry has solidified Mumbai's status as the financial epicentre of India. This has fueled remarkable economic growth, bolstered the job market, and improved living standards across the city.
In the initial quarter of 2024, the demand for residential properties in Mumbai rose by 3.1% quarter-over-quarter, while residential prices also experienced a modest increase of 5% in the same period.
According to data from the IGR, during the final quarter of 2023, the Mumbai Metropolitan Region confirmed its leading position as India’s premier residential market, with 46,638 property transactions amounting to Rs 39,170 crore. This momentum of positive growth extended into the first quarter of 2024.
Major developers are spearheading prominent developments and large townships. Noteworthy residential projects and localities for purchasing flats in Mumbai include Lodha Woods in Kandivali East, VKG Krishna Residences in Chatkala, Dotom Isle and Auris Serenity in Malad West, Oberoi Springs in Andheri West, Atmiya Centria in Santacruz East, Ruparel Panache in Santacruz West, White City Phase 2 Wing B in Lokhandwala Township Kandivali East, Romell Orbis in Andheri East, and Lodha Eternis in the Chakala Industrial Area MIDC.
The micro-markets of Malad-Kandivali are leading with an average rate of INR 18,300 per sq.ft., closely followed by the areas in Andheri East-Jogeshwari East at an average rate of INR 19,700 per sq. ft. These areas are in high demand due to their proximity to business hubs, strong retail infrastructure, and excellent connectivity.
Now is an opportune time for investors or those considering purchasing flats in Mumbai as a future investment. The average price per square foot for multi-storey apartments is INR 29,600, builder floors are INR 10,300, and villas are INR 42,000.
In the first quarter of 2024, the demand and supply for 2 BHK configurations in Mumbai were notably high, accounting for 48% of demand and 43% of supply. The demand and supply for 1 and 2 BHK units comprised 71% of the demand and 63% of the supply, demonstrating robust market activity. Mid-segment properties, priced between INR 15,000 and 25,000 per sq.ft., dominated the market regarding demand and rates, accounting for 54% and 47%, respectively.
The circle rates (guidance or ready reckoner rates) are government-determined minimum values for selling property in specific areas. These rates are crucial for calculating stamp duties during property transactions. Below are the approximate circle rates for the specific localities in Mumbai you're interested in:
| Locality | Circle Rate Range (per sq. ft.) |
| Malad West | ₹14,000 - ₹20,000 |
| Sion | ₹18,000 - ₹25,000 |
| Goregaon West | ₹15,000 - ₹22,000 |
| Chunabhatti | ₹12,000 - ₹17,000 |
| Kandivali East | ₹12,000 - ₹18,000 |
