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.
Estimated Property Prices in Grant Road
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.
Grant Road East, where the Falkland Road, Kamathipura and Foras Road cluster schemes are concentrated, averages around ₹43,500/sq.ft.
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%.
Grant Road Property 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.
Earlier points are shaped from published appreciation data for property rates in Grant Road.
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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.
It is a dense Parsi, Gujarati and Bohra quarter of cessed buildings, with Sleater Road, Nana Chowk and the Gowalia Tank maidan on the west, and the Falkland Road cluster on the east.
At about ₹41,000/sq.ft blended asking, property rates in Grant Road are up from the ₹34,000 figure carried on older indices. Independent sources put the parent locality near ₹38,000–43,000, with a very wide ₹21,000–59,000 spread and Grant Road East near ₹43,500.
Redevelopment is the whole story for property rates in Grant Road. Government records show 45 registered sales over the year to June 2026 at an average of just ₹26,900/sq.ft, dominated by cessed-building deals.
Meanwhile cluster schemes on Falkland Road, Kamathipura and Foras Road are resetting Grant Road East upward by more than 30% in a year.
Grant Road is a retail and services quarter — the station market, the antique and furniture trade around Mutton Street, medical and jewellery businesses — not an office district.
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%.
What is the price range for a flat in Grant Road?
Based on current market listings, a 1 BHK in Grant Road is typically ₹1.20–2.20 Cr, a 2 BHK ₹2.80–4.50 Cr, and a 3 BHK ₹4.50–9.00 Cr on a carpet-area basis.
The overall spread is very wide — from about ₹21,000/sq.ft for older cessed stock to close to ₹59,000 for new towers.
What is the average rent in Grant Road?
Based on independent market research, rents across configurations average around ₹1 Lakh/month, with a broad ₹45,000–2 Lakh spread — roughly ₹45,000–70,000 for a 1 BHK, ₹90,000–1.50 Lakh for a 2 BHK, and ₹1.50–2.50 Lakh for a 3 BHK. Gross yield is near 3.5–4%.
Are these rates guaranteed, and how are they calculated?
No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this locality on 6 September 2026. For an exact, property-specific figure, use the enquiry form above.
About Our Property Rate Data
Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement. Grant Road is a wide, redevelopment-driven market: the parent locality runs ₹38,000–43,000/sq.ft, Grant Road East near ₹43,500, and the full spread is ₹21,000–59,000.
Registered deals average about ₹26,900/sq.ft (45 deals, year to June 2026), dominated by cessed-building transactions; this page uses ₹32,000 as an indicative mid-point.
The Ready Reckoner shown is an estimate for this old-quarter zone. Actual prices vary sharply by building, tenure and redevelopment status. Use the enquiry form above for a precise, property-specific estimate.
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