Home / Property rates / Property Rates in Altamount Road, Mumbai (2026)

Property Rates in Altamount Road, Mumbai (2026)

These are the latest property rates in Altamount Road, Mumbai — the short Cumballa Hill street, once “Billionaires’ Row”, running from Kemps Corner to Peddar Road and home to Antilia and One Altamount — with price estimates, rental figures and how Altamount Road compares with its neighbours.

Residential · Sale
₹1,10,000/sq.ft
blended asking rate
Older / Standard Stock
₹70K–1.0L/sq.ft
established buildings
Branded Ultra-Luxury
₹1.6L–2.0L/sq.ft
One Altamount, Lodha, Kalpataru
Rental Yield
~1.5–2.5%
gross
Indicative Transaction Benchmark₹85,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹78,000/sq.ft (est., Cumballa Hill band)
PositionIndia’s single most expensive residential street
Appreciationroughly +9% to +16% (1yr) · ~+14% (3yr)
Asking, transaction, BHK and rental rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 6 September 2026 · see full breakdown and sourcing below

Estimated Property Prices in Altamount Road

2 BHK
older buildings
₹6.00 – 12.00 Cr
3 BHK
market listings
₹12.00 – 25.00 Cr
4 BHK+
market listings
₹25.00 – 75.00 Cr+

These property rates in Altamount Road split sharply by building. Older cooperative-society flats trade around ₹70,000–1,00,000/sq.ft carpet; independent averages sit near ₹98,000–1,01,000.

Branded ultra-luxury — One Altamount, Lodha Altamount, Kalpataru Prive — runs ₹1,60,000–2,00,000 and above. A Kalpataru Prive resale changed hands at ₹33.83 Cr in mid-2025; Reliance registered three units at One Altamount for ₹85 Cr in early 2026. The ₹1,10,000 headline is a blend.

Rental Rates in Altamount Road

2 BHK
monthly rent range
₹1.75 – 3.50 L
3 BHK
monthly rent range
₹3.50 – 8.00 L
4 BHK+
monthly rent range
₹8.00 – 20.00 L

From independent market research, not Asraa Realty’s own rental listings. Gross yield on property rates in Altamount Road is among the lowest in the city at roughly 1.5–2.5% — buyers here are trophy owners and family offices, not income investors.

Altamount Road Property Price Trend

₹1.13L ₹99k ₹85k 2021 ₹88.0k 2023 ₹96.0k 2025 ₹1.01L 2026 ₹1.10L↑ Asraa’s own tracking starts here

A steady climb — roughly +14% over three years, with one-year figures ranging from about +9% to +16% across sources — driven by a handful of very large branded-tower registrations.

Points are shaped from published appreciation data for property rates in Altamount Road; deal volume is tiny and heavily skewed by trophy transactions.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Altamount 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 Altamount Road the gap between an older society flat and a branded tower is enormous.

Estimated Value
₹17.00 Cr – ₹22.00 Cr
Low end: indicative transaction benchmark (₹85,000/sq.ft) · High end: asking rate (₹1,10,000/sq.ft)

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 Altamount Road

No live Asraa Realty listings in Altamount Road right now.

This is one of the smallest and most discreet markets in India — almost every deal is off-market. Tell us what you’re looking for and we’ll reach out the moment a matching property comes up. Register your requirement →

Altamount Road & Neighbouring Localities

LocalityRatevs Altamount Road
Altamount Road (this locality)₹1,10,000
Malabar Hill₹95,000-14%
Nepean Sea Road₹85,000-23%
Kemps Corner₹80,000-27%

Malabar Hill, Nepean Sea Road and Kemps Corner are all independently researched and cross-verified as of 6 September 2026.

Altamount Road is the priciest street of the Cumballa Hill cluster — its branded towers set the ceiling for the whole of South Mumbai.

Talk to an advisor about Property Rates in Altamount Road, Mumbai (2026)

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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹1.20 Cr
Registration Fee₹30,000
Approx. Total Extra Cost₹1.20 Cr

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value. On Altamount Road the agreement value is always far higher.

The Altamount Road Ready Reckoner is estimated at around ₹78,000/sq.ft built-up, in line with the adjoining Nepean Sea Road (₹80,926) and Walkeshwar Road (₹78,875) notified rates — among the highest in India, frozen for FY 2026-27.

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area — Maharashtra’s own formula treats built-up area as carpet area × 1.20, so a ₹78,000/sq.ft built-up figure works out to roughly ₹93,600/sq.ft on a carpet-area-equivalent basis.

You can verify the current official Ready Reckoner rate and calculate exact stamp duty on the Maharashtra IGR government portal.

About Altamount Road

Altamount Road (officially S.K. Barodawala Marg) is a short, tree-lined street on Cumballa Hill, linking Kemps Corner to Peddar Road, long nicknamed “Billionaires’ Row” for the concentration of industrialist families and consulates along it.

Its stock is a mix of 1950s–1970s cooperative-society buildings, a few remaining bungalow plots, and a small number of branded ultra-luxury towers — Antilia, One Altamount, Lodha Altamount and Kalpataru Prive — that set national price records.

At about ₹1,10,000/sq.ft blended asking, property rates in Altamount Road are the highest of any residential street in India. Older society flats trade ₹70,000–1,00,000; branded towers run ₹1,60,000–2,00,000 and above.

An indicative transaction benchmark of ₹85,000/sq.ft reflects the older-society end of the market; trophy registrations sit far above it, and much of the turnover is off-market between families and private offices.

Altamount Road is purely residential and diplomatic, with no office or retail market to speak of.

What Affects Prices in Altamount Road

Branded ultra-luxury tower vs older society
Sea / city view & floor height
Building standing & neighbours’ profile
Bungalow plot vs apartment
Redevelopment potential & society consent
Off-market vs open-market sale
Provenance & prior ownership of the unit
Exact building & unit

Frequently Asked Questions

Common questions about property rates in Altamount Road, covering residential and rental figures.

What is the current property rate in Altamount Road?

The blended asking rate for property rates in Altamount Road is around ₹1,10,000 per sq.ft carpet area (as of mid-2026) — the highest of any residential street in India. Independent averages sit near ₹98,000–1,01,000.

Older society flats trade ₹70,000–1,00,000, while branded ultra-luxury towers run ₹1,60,000–2,00,000 and above. An indicative transaction benchmark is around ₹85,000 per sq.ft.

Which are the landmark buildings on Altamount Road?

Antilia, the Ambani family residence, is on Altamount Road, along with One Altamount, Lodha Altamount and Kalpataru Prive — the branded towers that set national per-sq-ft records.

A Kalpataru Prive resale traded at ₹33.83 Cr in mid-2025, and Reliance registered three units at One Altamount for ₹85 Cr in early 2026.

What is the price range for a flat in Altamount Road?

Based on current market listings, a 2 BHK in an older Altamount Road building is typically ₹6.00–12.00 Cr, a 3 BHK ₹12.00–25.00 Cr, and a 4 BHK or larger anywhere from ₹25.00 Cr to ₹75.00 Cr and beyond on a carpet-area basis.

Penthouses in the branded towers run well into the hundreds of crores.

What is the average rent in Altamount Road?

Based on independent market research, monthly rent runs roughly ₹1.75–3.50 Lakh for a 2 BHK, ₹3.50–8.00 Lakh for a 3 BHK, and ₹8.00–20.00 Lakh for a 4 BHK or larger. Gross yield is among the lowest in the city at about 1.5–2.5%.

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. Altamount Road is a two-tier market: older cooperative-society stock at ₹70,000–1,00,000/sq.ft and branded ultra-luxury towers at ₹1,60,000–2,00,000 and above; the ₹1,10,000 headline is an indicative blend.

Deal volume is tiny and dominated by trophy registrations, so the appreciation figures (roughly +9% to +16% over one year across sources) and the headline blend are both indicative rather than precise.

The Ready Reckoner shown is an estimate for the Cumballa Hill zone, benchmarked to the adjoining Nepean Sea Road and Walkeshwar Road notified rates. Use the enquiry form above for a precise, property-specific estimate.

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