These are the latest property rates in Grant Road, Mumbai — the cessed-building quarter between Mumbai Central and Charni Road, now in a major cluster-redevelopment phase — with configuration-wise price estimates, rental figures and how Grant Road compares with its neighbours.
Property Rates in Grant Road by BHK
These property rates in Grant Road reflect actual listed prices on a carpet-area basis, and span a wide range — from around ₹21,000/sq.ft for older cessed stock to close to ₹59,000 for new cluster-redevelopment and Girgaon-side towers.
Rental Rates in Grant Road
From independent market research, not Asraa Realty’s own rental listings. The average rent across configurations is around ₹1 Lakh/month, with a broad ₹45,000–2 Lakh spread, for a gross yield near 3.5–4%.
Property Rates in Grant Road: Price Trend
The parent Grant Road average has risen modestly (+5% in a year). But Grant Road East, where the cluster-redevelopment schemes sit, is up about 31% in a year as new supply resets the pocket.
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Grant Road & Neighbouring Localities
| Locality | Rate | vs Grant Road |
|---|---|---|
| Charni Road | ₹60,000 | +46% |
| Byculla | ₹45,500 | +11% |
| Mumbai Central | ₹42,000 | +2% |
| Grant Road (this locality) | ₹41,000 | — |
Charni Road, Byculla and Mumbai Central are all independently researched and cross-verified as of 6 September 2026.
Grant Road trades close to Mumbai Central on a blended basis and a step below Byculla, and well below Charni Road’s sea-belt premium — but its Grant Road East redevelopment pocket is repricing fast.
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Chat on WhatsApp or call +91 96199 73211About Grant Road
Grant Road runs from Kennedy Bridge and the Girgaon edge in the south to the Mumbai Central boundary in the north, straddling the Western Line at Grant Road station.
What Affects Prices in Grant Road
Frequently Asked Questions
Common questions about property rates in Grant Road, covering residential and rental figures.
What is the current property rate in Grant Road?
The blended asking rate for property rates in Grant Road is around ₹41,000 per sq.ft carpet area (as of mid-2026); independent sources put the parent locality between ₹38,000 and ₹43,000, above the ₹34,000 figure carried on older indices.
An indicative transaction benchmark — not independently verified — is around ₹32,000 per sq.ft; the government registered average is lower, near ₹26,900. The Ready Reckoner (built-up area) is estimated near ₹20,000 per sq.ft.
Why is Grant Road East rising so fast?
Grant Road East is at the centre of Mumbai’s largest cluster-redevelopment push — the Falkland Road, Kamathipura and Foras Road schemes replace dense low-rise cessed stock with new towers.
As branded supply enters, the recorded average for the pocket has jumped more than 30% in a year, well ahead of the wider Grant Road locality’s roughly 5%.
Property rates in Grant 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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