These are the latest property rates in Matunga East, Mumbai — the King’s Circle side of Matunga on the Central and Harbour lines — with configuration-wise price estimates, rental figures, and how Matunga East compares with Matunga West.
Property Rates in Matunga East by BHK
These property rates in Matunga East reflect actual listed prices on a carpet-area basis, across King’s Circle, Bhau Daji Road, Sir Bhalchandra Road and the Aurora Talkies precinct.
Rental Rates in Matunga East
From independent market research, not Asraa Realty’s own rental listings. A studio rents around ₹35,000/month. The gross rental yield in Matunga East is close to 3%, a little below the west side.
Property Rates in Matunga East: Price Trend
The rate rose sharply into 2025 and has been near flat over the last year (+0.8%).
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Live Listings in Matunga East
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Matunga Localities
| Locality | Rate | vs Matunga East |
|---|---|---|
| Matunga West / Matunga Road | ₹52,000 | +6% |
| Matunga East (this locality) | ₹49,000 | — |
Both Matunga localities Asraa Realty tracks are independently researched and cross-verified as of 6 September 2026.
The two sides are close in price. Matunga East, on the Central and Harbour lines around King’s Circle, is the busier, more commercial side; it has seen roughly twice as many registered deals as the west over the past year, mostly through redevelopment projects.
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Chat on WhatsApp or call +91 96199 73211About Matunga East
Matunga East is the King’s Circle side of Matunga, wrapped around the Maheshwari Udyan roundabout and served by Matunga on the Central Line and King’s Circle on the Harbour Line.
It is a dense, old-established precinct with a strong Gujarati and Jain community and one of the city’s best-known South Indian eatery clusters.
What Affects Prices in Matunga East
Frequently Asked Questions
Common questions about property rates in Matunga East, covering residential and rental figures.
What is the current property rate in Matunga East?
The average asking rate for property rates in Matunga East is around ₹49,000 per sq.ft carpet area (as of mid-2026); independent sources put the locality between ₹48,987 and ₹49,800.
An indicative transaction benchmark — not independently verified — is around ₹38,000 per sq.ft; the registered average is lower, near ₹33,450. The government Ready Reckoner rate (built-up area) is estimated near ₹23,500 per sq.ft.
What is the price range for a flat in Matunga East?
Based on current market listings, a 1 BHK in Matunga East is typically ₹1.75–2.55 Cr, a 2 BHK ₹3.20–4.10 Cr, and a 3 BHK ₹5.00–7.10 Cr on a carpet-area basis.
Branded redeveloped towers from Kalpataru, Sugee and Hubtown sell higher, roughly ₹52,000–60,000/sq.ft.
Why is the registered rate in Matunga East lower than the asking rate?
Matunga East is a redevelopment-heavy market. Its registered-deal average (near ₹33,450/sq.ft) is pulled down by older-society sales and rehab allotments that register below open-market value.
One independent portal models the true transaction rate closer to ₹43,000/sq.ft. This page uses ₹38,000 as an indicative mid-point between the two.
Property rates in Matunga East on this page are indicative, on a carpet-area basis, from current listings and published research. The Ready Reckoner rate is set by IGR Maharashtra. These figures are not a valuation.
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