These are the latest property rates in Malabar Hill, Mumbai — the ridge above Chowpatty holding Raj Bhavan, the Hanging Gardens, Walkeshwar and some of India’s most expensive homes — with price estimates, rental figures and how Malabar Hill compares with its neighbours.
Property Rates in Malabar Hill by BHK
These property rates in Malabar Hill run ₹75,000–1,50,000/sq.ft carpet depending on the building, floor and outlook, with ultra-prime full-floor deals crossing ₹1 lakh/sq.ft. Independent research puts the flat average near ₹86,650.
Rental Rates in Malabar Hill
From independent market research, not Asraa Realty’s own rental listings. Gross yield on property rates in Malabar Hill is a very low 2.2–2.8% — this is a capital-appreciation and trophy-address market, not a rental-income one.
Property Rates in Malabar Hill: Price Trend
Broadly flat through 2021–24, then a sharp move up — independent data shows a jump from roughly ₹61,000 in mid-2025 towards ₹96,000 by early 2026 as more ultra-prime deals closed.
Estimate Your Property’s Value
Live Listings in Malabar Hill
No live Asraa Realty listings in Malabar Hill right now.
This is a very small, discreet market where most deals happen off-market. Tell us what you’re looking for and we’ll reach out the moment a matching property comes up. Register your requirement →
Malabar Hill & Neighbouring Localities
| Locality | Rate | vs Malabar Hill |
|---|---|---|
| Malabar Hill (this locality) | ₹90,000 | — |
| Walkeshwar | ₹85,000 | -11% |
| Marine Drive | ₹82,000 | -14% |
| Cuffe Parade | ₹70,000 | -26% |
Walkeshwar, Marine Drive and Cuffe Parade are all independently researched and cross-verified as of 6 September 2026.
Walkeshwar is the western, Banganga slope of the same ridge and trades a little below the Malabar Hill crest on a blended basis, though its new luxury launches now overlap the top of the Malabar Hill range. Both sit clearly above the Marine Drive frontage.
Talk to an advisor about Property Rates in Malabar Hill, Mumbai (2026)
Get a free valuation, or ask about current listings and rates in this locality — no obligation.
Chat on WhatsApp or call +91 96199 73211About Malabar Hill
Malabar Hill is the wooded ridge at the northern end of the Back Bay, rising above Girgaon Chowpatty and running down to Walkeshwar and the Banganga Tank, with Raj Bhavan, the Hanging Gardens, the Towers of Silence and several consulates along its spine.
What Affects Prices in Malabar Hill
Frequently Asked Questions
Common questions about property rates in Malabar Hill, covering residential and rental figures.
What are the current property rates in Malabar Hill?
The blended asking rate for property rates in Malabar Hill is around ₹90,000 per sq.ft carpet area (as of mid-2026), within a ₹75,000–1,50,000 range across buildings. Independent research puts the flat average near ₹86,650.
Registered deals over the last year averaged ₹64,600 per sq.ft; a modelled transaction rate is nearer ₹77,900. An indicative benchmark of ₹70,000 sits between them.
Why do published rates for Malabar Hill vary so much?
Malabar Hill has very few deals, and they range from modest older flats to full-floor trophy apartments above ₹100 Cr. A single large transaction can shift the reported average sharply, which is why independent sources span ₹64,600 (registered) to ₹95,700 (recent asking) for the same period.
Much turnover is also off-market, so published figures tend to lag.
Property rates in Malabar Hill 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.
← View all Mumbai Metropolitan Region & Palghar property rates