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Property Rates in Fort, Mumbai (2026)

These are the latest property rates in Fort, Mumbai — the original walled town and heritage business quarter around Horniman Circle, Flora Fountain, D.N. Road and Ballard Estate — covering residential and office figures and how Fort compares with its neighbours.

Residential · Sale
₹45,000/sq.ft
blended asking rate
Older Cessed Stock
₹30K–40K/sq.ft
Ballard Estate & the lanes
Office · Rent
varies by building
Rental Yield
~3.5–4.5%
gross, residential
Indicative Transaction Benchmark (residential)₹34,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹22,000/sq.ft (est., band ₹18.5K–29.7K)
PositionHeritage business district — thin residential market
TrendBroadly flat — heritage-conversion redevelopment the main mover
Property Rates in Fort are quoted per sq.ft of carpet area; the Ready Reckoner is on built-up area. Updated 6 September 2026.

Commercial Property Rates in Fort

Commercial rates in Fort change a lot from one building to the next: floor, frontage, road, fit-out and lease terms can move the price by 2× or more. A single per sq.ft figure would mislead, so we share current deal rates on request.

Tell us what you need (office or shop, size and budget, buy or lease) and we will send recent rates for matching Fort properties on WhatsApp.

Estimated Residential Property Prices in Fort

1 BHK
market listings
₹60 L – 1.60 Cr
2 BHK
market listings
₹1.40 – 3.00 Cr
3 BHK
market listings
₹3.00 – 7.00 Cr

Residential asking rates for property rates in Fort average about ₹45,000/sq.ft carpet — independent research puts the flat figure near ₹43,700, and the Ballard Estate pocket lower still at about ₹31,000. The registered transaction rate is around ₹29,000.

Fort has little purpose-built residential stock; most homes here are in old cessed buildings, with a growing number of heritage-conversion projects — Aplite Greenstone Heritage was the most-transacted address over the last year.

Rental Rates in Fort

1 BHK
monthly rent range
₹40,000 – 65,000
2 BHK
monthly rent range
₹65,000 – 1.20 L
3 BHK
monthly rent range
₹1.20 – 2.50 L

From independent market research, not Asraa Realty’s own rental listings. Fort’s central location and low capital values give it a relatively high residential gross yield of about 3.5–4.5% against the sale figure for property rates in Fort.

Property Rates in Fort: Price Trend

Property Rates in Fort: price trend chart

No dependable multi-year residential appreciation series is published for Fort; this line is a modest reconstruction. The active mover is redevelopment of heritage buildings into apartments.

Estimate Your Property’s Value

Estimated Value
₹2.55 Cr – ₹3.38 Cr
Low end: indicative transaction benchmark (₹34,000/sq.ft) · High end: asking rate (₹45,000/sq.ft)

Live Listings in Fort

No live Asraa Realty listings in Fort right now.

This is a mostly-commercial quarter with a small residential market. Tell us what you’re looking for — office or home — and we’ll alert you the moment a matching property comes up. Register your requirement →

Fort & Neighbouring Localities

LocalityRatevs Fort
Charni Road₹60,000+33%
Colaba₹55,000+22%
Fort (this locality)₹45,000—
Grant Road₹41,000-9%

Charni Road, Colaba and Grant Road are all independently researched and cross-verified as of 6 September 2026. Rates shown are residential.

Fort’s residential rate sits near the bottom of the island-city core — a function of how little clean-title housing stock it has, not of location. Its office market is a separate story.

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

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About Fort

Fort is the original walled town of Bombay, named for the vanished Fort George, and today the city’s heritage business district — Horniman Circle, the Asiatic Society, Flora Fountain, D.N. Road, the High Court and University precinct, and the planned Ballard Estate quarter to the east.

What Affects Prices in Fort

Residential vs office use
Heritage grading & alteration limits
Cessed / clean-title tenure of the building
Heritage-conversion / redevelopment status
Condition & services of these older buildings
Walk to CSMT, Churchgate & the courts
Frontage on D.N. Road / Horniman Circle
Exact building & unit

Frequently Asked Questions

Common questions about property rates in Fort, covering office, residential and rental figures.

What is the current property rate in Fort?

Residential asking rates for property rates in Fort average about ₹45,000 per sq.ft carpet area (as of mid-2026), below the ₹60,000 figure on older indices. Independent research puts the flat average near ₹43,700, and the registered transaction rate near ₹29,000.

Office rents run about ₹125–200/sq.ft/month for heritage space and ₹250–500 for renovated floors. An indicative residential transaction benchmark is around ₹34,000 per sq.ft.

Why are residential property rates in Fort lower than nearby Colaba or Charni Road?

Fort has very little clean-title residential stock. Most homes here are in old cessed buildings inside a Grade-I heritage precinct, where alteration and redevelopment are tightly restricted, so the average rate reflects that constrained, thinly traded supply.

Heritage-conversion projects are slowly adding better stock at higher rates.

Property rates in Fort 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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