Mumbai, India
Property prices · 2025 · Asia · Price +4% vs 2024
Property price trend in Mumbai (2024–2026)
Property comparison — cities in India (2025)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Mumbai |
|---|---|---|---|---|
| Mumbai | INR 192,400 | INR 98,800 | INR 36,400 | — |
| Delhi | INR 159,750 | INR 104,370 | INR 40,470 | -17% |
| Chennai | INR 101,175 | INR 66,030 | INR 29,820 | -47.4% |
| Bangalore | INR 98,800 | INR 60,320 | INR 22,880 | -48.6% |
| Hyderabad | INR 95,850 | INR 61,770 | INR 29,820 | -50.2% |
| Pune | INR 90,525 | INR 58,575 | INR 26,625 | -52.9% |
| Kolkata | INR 74,550 | INR 47,925 | INR 21,300 | -61.3% |
| Ahmedabad | INR 58,575 | INR 38,340 | INR 17,040 | -69.6% |
Other Asia cities (2025)
Frequently asked questions
How much does property cost in Mumbai in 2025?
In Mumbai, the average price per sqm in the city centre is INR 192,400, and INR 98,800 outside the centre (2025 data). Prices have risen 7% since 2024.
How much is rent in Mumbai in 2025?
A 1-bedroom apartment in Mumbai rents for approximately INR 36,400 per month in 2025. A 3-bedroom apartment costs around INR 78,000/month.
Is it better to buy or rent in Mumbai?
Renting is generally more cost-effective in Mumbai. The price-to-rent ratio is 22.0x — it would take approximately 22.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 8.50%.
What are mortgage rates in India in 2025?
The average mortgage rate in India is approximately 8.50% as of 2025. With a price-to-rent ratio of 22.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Mumbai changed?
Property prices in Mumbai have changed +4% vs 2024. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Mumbai?
The average property price per square metre in Mumbai city centre is INR 192,400 in 2025. Outside the centre, expect to pay around INR 98,800/sqm.