These are the latest property rates in Charni Road, Mumbai — the Girgaon, Chowpatty and Opera House quarter at the foot of Malabar Hill — with configuration-wise price estimates, rental figures and how Charni Road compares with its neighbours.
Property Rates in Charni Road by BHK
These property rates in Charni Road span a wide market on a carpet-area basis. Interior Girgaon — the heritage wadis and cessed buildings around Khadilkar Road and JSS Road — runs ₹45,000–55,000/sq.ft.
Rental Rates in Charni Road
From independent market research, not Asraa Realty’s own rental listings. Against the sale figure for property rates in Charni Road, the average rent of about ₹157–176/sq.ft/month works out to a gross yield near 3.3–3.8%. Sea-facing units rent well above these ranges.
Property Rates in Charni Road: Price Trend
Independent data shows a sharp recent jump — about +20% over the last year — but from a small, sea-facing-weighted sample. The longer-run pace is closer to 5–7% a year.
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Charni Road & Neighbouring Localities
| Locality | Rate | vs Charni Road |
|---|---|---|
| Marine Drive | ₹82,000 | +37% |
| Marine Lines | ₹72,000 | +20% |
| Charni Road (this locality) | ₹60,000 | — |
| Grant Road | ₹41,000 | -32% |
Grant Road, Marine Lines and Marine Drive are all independently researched and cross-verified as of 6 September 2026.
Charni Road sits between the ultra-premium Marine Drive frontage and the redevelopment quarters inland. Its own sea-facing stretch trades in the Marine Lines band; its interior Girgaon wadis trade closer to Grant Road.
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Charni Road is the Western Line station and quarter between Grant Road and Marine Lines, wrapping around Girgaon Chowpatty and the south end of Marine Drive, at the foot of Malabar Hill and Babulnath.
What Affects Prices in Charni Road
Frequently Asked Questions
Common questions about property rates in Charni Road, covering residential and rental figures.
What is the current property rate in Charni Road?
The blended asking rate for property rates in Charni Road is around ₹60,000 per sq.ft carpet area (as of mid-2026), far above the ₹42,000 figure carried on older indices.
Interior Girgaon stock runs ₹45,000–55,000, while Marine Drive and Chowpatty sea-facing addresses run ₹75,000–90,000 and above; one aggregator quotes ₹81,650 for a sea-facing-weighted sample. An indicative transaction benchmark is around ₹45,000 per sq.ft.
Why is there such a wide price range in Charni Road?
Charni Road contains two very different markets. Its heritage Girgaon wadis and cessed buildings inland are among the more affordable in South Mumbai, at ₹45,000–55,000/sq.ft.
Its Marine Drive and Girgaon Chowpatty frontage is among the most expensive addresses in India, at ₹75,000–90,000 and beyond. The blended figure sits between the two.
Property rates in Charni Road 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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