These are the latest property rates in Nepean Sea Road, Mumbai — the sea-facing arc below Malabar Hill, between Walkeshwar, Kemps Corner and the Priyadarshini Park sea front — with price estimates, rental figures and how Nepean Sea Road compares with its neighbours.
Estimated Property Prices in Nepean Sea Road
These property rates in Nepean Sea Road split by building. Established and standard-stock flats trade around ₹51,000–70,000/sq.ft carpet, with independent quarterly data showing a sharp recent rise — roughly ₹92,000/sq.ft by late 2025.
Front-line sea-facing units and branded new towers run ₹1,00,000–1,75,000 and above. The ₹85,000 headline is a blend of the two. Ticket sizes here are among the highest in the country.
Rental Rates in Nepean Sea Road
From independent market research, not Asraa Realty’s own rental listings. Reported rents on Nepean Sea Road span roughly ₹60,000 to ₹3,00,000+ a month by size and building. Gross yield against the sale figure for property rates in Nepean Sea Road is a very low 2.2–2.8%.
Nepean Sea Road Property Price Trend
Independent quarterly data shows a steep move up through 2025 — from the low ₹60,000s towards ₹92,000/sq.ft — as more branded and sea-facing stock changed hands.
Only about three deals registered in the year to mid-2026, at an average of ₹64,600/sq.ft, so published figures for property rates in Nepean Sea Road are volatile and lag actual clearing prices.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Nepean Sea 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 Nepean Sea Road the gap between an older flat and a front-line sea-facing unit is very wide.
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 Nepean Sea Road
No live Asraa Realty listings in Nepean Sea Road right now.
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Nepean Sea Road & Neighbouring Localities
| Locality | Rate | vs Nepean Sea Road |
|---|---|---|
| Altamount Road | ₹1,10,000 | +29% |
| Malabar Hill | ₹95,000 | +12% |
| Nepean Sea Road (this locality) | ₹85,000 | — |
| Walkeshwar | ₹85,000 | level |
Altamount Road, Malabar Hill and Walkeshwar are all independently researched and cross-verified as of 6 September 2026.
Nepean Sea Road, Walkeshwar and Malabar Hill form one ridge-and-sea-front market. Altamount Road, just inland at Cumballa Hill, is the priciest street of the group.
Talk to an advisor about Property Rates in Nepean Sea Road, Mumbai (2026)
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Chat on WhatsApp or call +91 96199 73211About Nepean Sea Road
Nepean Sea Road (officially Lady Laxmibai Jagmohandas Marg) is the western sea-facing shoulder of the Malabar Hill ridge, curving from the Priyadarshini Park sea front past Petit Hall and Jaslok Hospital towards Kemps Corner.
It has been one of Mumbai’s premier residential streets for decades — a mix of mid-century apartment buildings, a few bungalow plots and a growing set of branded redevelopments, tightly held and mostly traded off-market.
At about ₹85,000/sq.ft blended asking, property rates in Nepean Sea Road are among the highest in India. Standard stock trades ₹51,000–70,000, independent quarterly data touched ₹92,000 in late 2025, and front-line and branded units run ₹1,00,000–1,75,000 and above.
Registration volume is tiny — roughly three recorded deals in the year to mid-2026 at an average of ₹64,600/sq.ft — so an indicative transaction benchmark of ₹65,000 should be read as a floor for older stock, not a market-wide figure.
Nepean Sea Road is purely residential and institutional, with no office market. Its Ready Reckoner rate, around ₹80,926/sq.ft built-up, is one of the highest notified anywhere in the country.
What Affects Prices in Nepean Sea Road
Frequently Asked Questions
Common questions about property rates in Nepean Sea Road, covering residential and rental figures.
What is the current property rate in Nepean Sea Road?
The blended asking rate for property rates in Nepean Sea Road is around ₹85,000 per sq.ft carpet area (as of mid-2026). Standard stock trades ₹51,000–70,000, and independent quarterly data touched ₹92,000 in late 2025.
Front-line sea-facing and branded units run ₹1,00,000–1,75,000 and above. With only about three registered deals in the year at an average of ₹64,600, the benchmark should be read as a floor for older flats.
Why do published rates for Nepean Sea Road vary so much?
Deal volume is extremely low — a handful a year — and each one ranges from a modest older flat to a branded sea-facing apartment above ₹1.5 lakh/sq.ft. A single transaction can swing the reported average by tens of thousands of rupees per square foot.
Most turnover is also off-market, so registration-based figures lag what buyers actually pay.
What is the price range for a flat in Nepean Sea Road?
Based on current market listings, a 2 BHK on Nepean Sea Road is typically ₹3.00–15.00 Cr, a 3 BHK ₹7.00–25.00 Cr, and a 4 BHK or larger anywhere from ₹12.00 Cr upwards on a carpet-area basis.
Front-line sea-facing units and full floors run into the tens of crores.
What is the average rent in Nepean Sea Road?
Based on independent market research, monthly rent runs roughly ₹1.20–2.50 Lakh for a 2 BHK, ₹2.50–6.00 Lakh for a 3 BHK, and ₹6.00–15.00 Lakh for a 4 BHK or larger — reported figures span ₹60,000 to ₹3,00,000+. Gross yield is a very low 2.2–2.8%.
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. Nepean Sea Road is a two-tier market: standard stock at ₹51,000–70,000/sq.ft and front-line or branded units at ₹1,00,000–1,75,000 and above; the ₹85,000 headline is an indicative blend.
Registration volume is tiny — about three deals in the year at an average of ₹64,600 — so the recent quarterly rise towards ₹92,000 and the headline blend are both indicative rather than precise.
The Ready Reckoner shown is the published rate for Nepean Sea Road. Use the enquiry form above for a precise, property-specific estimate.
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