These are the latest property rates in Cuffe Parade, Mumbai — the sea-facing tip of Colaba around Maker Towers, Jolly Maker and the World Trade Centre — with price estimates, rental figures and how Cuffe Parade compares with its neighbours.
Property Rates in Cuffe Parade by BHK
These property rates in Cuffe Parade span a wide market on a carpet-area basis. The landmark 40–50-year-old sea-facing towers — Maker Towers, Jolly Maker — trade around ₹55,000–70,000/sq.ft despite their position, held back by building age.
Rental Rates in Cuffe Parade
From independent market research, not Asraa Realty’s own rental listings. Named buildings such as Jolly Maker Apartments, Maker Tower and Sea Lord anchor these ranges; large sea-facing units go well above them. Against the sale figure for property rates in Cuffe Parade, gross yield works out near 2.8–3.5%.
Property Rates in Cuffe Parade: Price Trend
A dip through 2022–23 and a strong recovery since — about +18% over three years but only mid-single-digits over five, and slightly negative over ten as the ageing towers de-rated.
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Cuffe Parade & Neighbouring Localities
| Locality | Rate | vs Cuffe Parade |
|---|---|---|
| Marine Drive | ₹82,000 | +17% |
| Churchgate | ₹73,000 | +4% |
| Cuffe Parade (this locality) | ₹70,000 | — |
| Nariman Point | ₹66,000 | -6% |
Marine Drive, Churchgate and Nariman Point are all independently researched and cross-verified as of 6 September 2026. Nariman Point’s figure is residential.
Cuffe Parade adjoins Nariman Point to the north and Colaba to the east. Its blend sits mid-pack for the SoBo tip, with its own ageing towers below and its redeveloped stock well above the headline.
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Chat on WhatsApp or call +91 96199 73211About Cuffe Parade
Cuffe Parade is the reclaimed sea-facing tip of the Colaba peninsula, laid out from the 1970s around the Maker Towers and Jolly Maker complexes, the World Trade Centre and the President Hotel, with the Arabian Sea on its western edge and the Navy’s INS Kunjali to the south.
What Affects Prices in Cuffe Parade
Frequently Asked Questions
Common questions about property rates in Cuffe Parade, covering residential and rental figures.
What are the current property rates in Cuffe Parade?
The blended asking rate for property rates in Cuffe Parade is around ₹70,000 per sq.ft carpet area (as of mid-2026), well below the ₹105,000 figure on older indices. Independent research puts the average near ₹71,750.
Ageing sea-facing towers such as Maker and Jolly Maker trade around ₹55,000–70,000, while renovated and redeveloped stock runs ₹80,000–1,30,000 and above. An indicative transaction benchmark is around ₹57,000 per sq.ft.
Why are Cuffe Parade’s sea-facing towers not more expensive?
Buildings such as Maker Towers and Jolly Maker are 40 to 50 years old. Buyers price in the cost of structural and services upgrades, and lenders can be cautious on very old stock, so these flats trade below what their position alone would suggest.
That is also the upside case: several societies are planning redevelopment, and rebuilt towers on the same plots command far higher rates.
Property rates in Cuffe Parade 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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