These are the latest property rates in Girgaon, Mumbai — the old Maharashtrian quarter behind Charni Road station, from Thakurdwar and the heritage wadis to Opera House and Chowpatty — with price estimates, rental figures and how Girgaon compares with its neighbours.
Property Rates in Girgaon by BHK
These property rates in Girgaon centre on old cessed and pagdi stock — the heritage wadis (Khotachiwadi, Fanaswadi, Mugbhat), Thakurdwar and the lanes off Khadilkar and J.S.S. Road — which trade around ₹40,000–52,000/sq.ft carpet. Independent research puts the average near ₹46,600–47,750.
Rental Rates in Girgaon
From independent market research, not Asraa Realty’s own rental listings. Against the sale figure for property rates in Girgaon, gross yield works out near 3.0–3.8% — higher than the South Mumbai sea belt, because capital values here have lagged.
Property Rates in Girgaon: Price Trend
A slow, steady climb — about +4% over the last year and an estimated +18% over five — as cluster redevelopment gradually replaces the oldest wadi stock.
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Live Listings in Girgaon
No live Asraa Realty listings in Girgaon right now.
Most transactions here are in cessed and pagdi buildings with complex title, handled privately. Tell us what you’re looking for and we’ll alert you the moment a matching property comes up. Register your requirement →
Girgaon & Neighbouring Localities
| Locality | Rate | vs Girgaon |
|---|---|---|
| Charni Road | ₹60,000 | +28% |
| Girgaon (this locality) | ₹47,000 | — |
| Mumbai Central | ₹42,000 | -11% |
| Grant Road | ₹41,000 | -13% |
Charni Road, Mumbai Central and Grant Road are all independently researched and cross-verified as of 6 September 2026.
Girgaon is the interior of the Charni Road quarter. Its blended rate sits well below Charni Road’s, whose figure is pulled up by the Marine Drive and Chowpatty sea frontage that Girgaon lacks.
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Chat on WhatsApp or call +91 96199 73211About Girgaon
Girgaon (Girgaum) is one of Mumbai’s oldest Maharashtrian neighbourhoods, behind Charni Road station, running from Thakurdwar and the Girgaon Portuguese Church quarter to Opera House, the diamond bourse and Girgaon Chowpatty.
Its fabric is the heritage wadis — Khotachiwadi, Fanaswadi, Mugbhat and dozens more — low-rise cessed and pagdi buildings, temples and small businesses, with cluster redevelopment slowly changing parts of it.
What Affects Prices in Girgaon
Frequently Asked Questions
Common questions about property rates in Girgaon, covering residential and rental figures.
What is the current property rate in Girgaon?
The blended asking rate for property rates in Girgaon is around ₹47,000 per sq.ft carpet area (as of mid-2026). Independent research puts the average near ₹46,600–47,750.
Wadi and cessed stock trades ₹40,000–52,000, while redeveloped and sea-side buildings run ₹60,000–75,000 and above. An indicative transaction benchmark is around ₹27,000 per sq.ft.
Why is the registered rate in Girgaon so low?
Registered deals in Girgaon average only about ₹22,700/sq.ft, from a large sample of transactions. Most are in cessed and pagdi buildings, where tenancy rights rather than freehold flats change hands, so the recorded value is far below open-market asking rates.
The indicative benchmark of ₹27,000 blends that registry data with the small clean-title resale market.
Property rates in Girgaon 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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