These are the latest property rates in Lalbaug, Mumbai — the heart of the Parel mill belt — home to the Lalbaugcha Raja and a dense cluster of Peninsula, Marathon and Kalpataru mill-land towers — with configuration-wise price estimates, rental figures, and how Lalbaug compares with nearby areas.
Commercial Property Rates in Lalbaug
Commercial rates in Lalbaug 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 Lalbaug properties on WhatsApp.
Property Rates in Lalbaug by BHK
These property rates in Lalbaug reflect actual listed prices on a carpet-area basis. Older cessed and chawl stock sits at the value end; newer branded and redeveloped towers trade well above the area average.
Rental Rates in Lalbaug
From independent market research, not Asraa Realty’s own rental listings. Gross yield in Lalbaug is around 2.7%.
Property Rates in Lalbaug: Price Trend
99acres and other portals show Lalbaug near ₹41,550–43,150/sq.ft, up only about 1–2% over the last year. The chart reflects that plateau after a strong mill-boom run.
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Live Listings in Lalbaug
No active Asraa Realty residential listing is currently confirmed as being in Lalbaug specifically with a displayable price at time of research.
Nearby Areas
| Locality | Rate | vs Lalbaug |
|---|---|---|
| Lalbaug (this area) | ₹42,000 | — |
| Currey Road | ₹41,000 | -2% |
| Chinchpokli | ₹40,000 | -5% |
| Parel | ₹45,500 | +8% |
Rates for Mumbai areas are independently researched and cross-verified as of 8 September 2026.
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Chat on WhatsApp or call +91 96199 73211About Lalbaug
Lalbaug is the heart of the old Parel–Lalbaug mill district, best known for the Lalbaugcha Raja Ganpati. On the redeveloped mill plots stand some of the belt’s tallest towers (Peninsula Ashok Towers, Marathon Monte Carlo, Kalpataru), while the surrounding grid is still dense chawl and cessed housing.
What Affects Prices in Lalbaug
Frequently Asked Questions
Common questions about property rates in Lalbaug, Mumbai, covering residential and rental figures.
What are the current property rates in Lalbaug?
The average asking rate in Lalbaug is around ₹42,000 per sq.ft carpet area (as of mid-2026). An indicative transaction benchmark is around ₹30,000 per sq.ft, and the government Ready Reckoner rate (built-up area) is estimated near ₹22,000 per sq.ft.
What is the price range for a flat in Lalbaug?
Based on current market listings, a 1 BHK in Lalbaug runs roughly ₹1.40 Cr – ₹2.10 Cr, a 2 BHK ₹2.50 Cr – ₹4.00 Cr, and a 3 BHK ₹4.20 Cr – ₹7.00 Cr.
Is Lalbaug a good rental investment?
Gross rental yield in Lalbaug is around 2.7%. As with any single area, actual returns depend on the specific building, possession stage and timing.
How were these Lalbaug rates worked out?
Portals put Lalbaug near ₹41,550–43,150/sq.ft (up about 1–2% over the last year) across a ₹31,600–48,900 band, with registered deals near ₹30,000. Our ₹42,000 headline is the portal average, and the ₹30,000 benchmark and trend line are estimates.
Property rates in Lalbaug 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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