Mumbai's real estate market has shown remarkable resilience in 2025.
Key Highlights
- Residential sales up 18% YoY in Q1 2025
- Luxury segment above Rs 5Cr grew 35% YoY
- New supply increased by 22% driven by Thane and Navi Mumbai
Price Trends
Worli/Lower Parel: Rs 35,000-80,000 per sq ft (up 12% YoY)
Andheri West: Rs 22,000-35,000 per sq ft (up 8% YoY)
Thane West: Rs 10,000-18,000 per sq ft (up 14% YoY)
Ghodbunder Road: Rs 8,000-14,000 per sq ft (up 16% YoY)
Outlook - With stable RBI rates and metro infrastructure progress, we expect 10-15% appreciation across Mumbai MMR for 2025.