These are the latest property rates in Peddar Road, Mumbai — officially Gopalrao Deshmukh Marg, the Cumballa Hill artery linking Kemps Corner, Haji Ali and the Mahalaxmi racecourse — with price estimates, rental figures and how Peddar Road compares with its neighbours.
Estimated Property Prices in Peddar Road
These property rates in Peddar Road span the range of an ageing but blue-chip street. Older cooperative-society flats trade around ₹60,000–75,000/sq.ft carpet; independent research puts the broad average near ₹70,000.
Renovated and sea-view units, and the newer buildings, run ₹90,000–1,20,000. The ₹78,000 headline is a blend. Appreciation has been consistently positive — roughly +13% over the last year and +22% over five.
Rental Rates in Peddar Road
From independent market research, not Asraa Realty’s own rental listings. Corporate and consular tenants drive demand, but gross yield on property rates in Peddar Road is a low 2.3–2.8% — capital values sit well ahead of rent here.
Peddar Road Property Price Trend
Flat through 2023–25 then a sharp move up — independent data shows +13.6% over the last year, on a low base of registered deals.
Points are shaped from published appreciation data for property rates in Peddar Road; the street is blue-chip but thinly traded.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Peddar Road to get an instant range, between the indicative transaction benchmark and the current asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — on Peddar Road the condition of the building and the outlook move the number a lot.
This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
Live Listings in Peddar Road
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Peddar Road & Neighbouring Localities
| Locality | Rate | vs Peddar Road |
|---|---|---|
| Altamount Road | ₹1,10,000 | +41% |
| Malabar Hill | ₹95,000 | +22% |
| Nepean Sea Road | ₹85,000 | +9% |
| Peddar Road (this locality) | ₹78,000 | — |
Altamount Road, Malabar Hill and Nepean Sea Road are all independently researched and cross-verified as of 6 September 2026.
Peddar Road sits at the lower end of the Cumballa Hill cluster on a blended basis — its ageing society stock pulls the average below Altamount Road and Nepean Sea Road, though its renovated and sea-view units overlap them. Kemps Corner, at its northern end, trades a touch above.
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Chat on WhatsApp or call +91 96199 73211About Peddar Road
Peddar Road, officially Gopalrao Deshmukh Marg, runs along the south-western edge of Cumballa Hill from Kemps Corner down towards Haji Ali and the Mahalaxmi racecourse, with Jaslok Hospital, several schools and consulates along it.
It has been a blue-chip residential address for generations — mostly 1950s–1980s cooperative-society buildings, some with sea glimpses towards the racecourse and Worli, and a handful of newer or redeveloped towers.
At about ₹78,000/sq.ft blended asking, property rates in Peddar Road are the most accessible of the Cumballa Hill cluster. Older society flats trade ₹60,000–75,000; renovated and sea-view stock runs ₹90,000–1,20,000.
Appreciation has been steady and positive across every time frame — roughly +13% over one year, +13% over three, +22% over five and +14% over ten. An indicative transaction benchmark is around ₹60,000/sq.ft.
Peddar Road is residential and institutional — hospitals, schools and consulates — with no office market; the long-running Peddar Road flyover proposal remains the main local infrastructure debate.
What Affects Prices in Peddar Road
Frequently Asked Questions
Common questions about property rates in Peddar Road, covering residential and rental figures.
What is the current property rate in Peddar Road?
The blended asking rate for property rates in Peddar Road is around ₹78,000 per sq.ft carpet area (as of mid-2026). Independent research puts the broad average near ₹70,000.
Older society flats trade ₹60,000–75,000, while renovated and sea-view units run ₹90,000–1,20,000. An indicative transaction benchmark is around ₹60,000 per sq.ft.
How have property rates in Peddar Road moved over time?
Independent data shows steady, positive appreciation: about +13.6% over the last year, +12.9% over three years, +22.5% over five and +14.4% over ten.
The market was broadly flat through 2023–25 before the recent move up, on a small number of registered deals.
What is the price range for a flat in Peddar Road?
Based on current market listings, a 2 BHK in Peddar Road is typically ₹4.25–8.00 Cr, a 3 BHK ₹8.00–15.00 Cr, and a 4 BHK or larger anywhere from ₹15.00 Cr upwards on a carpet-area basis.
Sea-view and renovated units sit at the top of these ranges.
What is the average rent in Peddar Road?
Based on independent market research, monthly rent runs roughly ₹1.30–2.50 Lakh for a 2 BHK, ₹2.50–5.00 Lakh for a 3 BHK, and ₹5.00–12.00 Lakh for a 4 BHK or larger. Gross yield is a low 2.3–2.8%.
Are these rates guaranteed, and how are they calculated?
No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this locality on 6 September 2026. For an exact, property-specific figure, use the enquiry form above.
About Our Property Rate Data
Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement. Peddar Road is a two-tier market: older cooperative-society stock at ₹60,000–75,000/sq.ft and renovated or sea-view units at ₹90,000–1,20,000; the ₹78,000 headline is an indicative blend.
Registration volume is low, so the recent one-year rise and the headline blend are both indicative rather than precise.
The Ready Reckoner shown is an estimate for the Cumballa Hill zone. Use the enquiry form above for a precise, property-specific estimate.
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