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.
Estimated Property Prices in Malabar Hill
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.
The ₹95,000 headline is a blend that leans towards the better sea- and garden-facing stock. Ticket sizes are among the highest anywhere in India — single apartments regularly transact above ₹25 Cr.
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.
Malabar Hill Property 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.
Points are shaped from published appreciation data for property rates in Malabar Hill; the recent figure is skewed by a small number of very large transactions.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Malabar Hill to get an instant range, between the indicative transaction benchmark and the current asking rate.
Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — on Malabar Hill the outlook, the floor and the building’s standing move the number far more than the average.
This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
Live Listings in Malabar Hill
No live Asraa Realty listings in Malabar Hill right now.
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Malabar Hill & Neighbouring Localities
| Locality | Rate | vs Malabar Hill |
|---|---|---|
| Malabar Hill (this locality) | ₹95,000 | — |
| 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.
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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.
It has been Mumbai’s premier residential address for over a century — low-rise garden bungalows and a limited stock of apartment buildings, tightly held, on a hill where almost no new land is available.
At about ₹95,000/sq.ft blended asking, property rates in Malabar Hill are among the highest in India, with a ₹75,000–1,50,000 range and ultra-prime deals above ₹1 lakh/sq.ft. The ₹110,000 figure on older indices sat at the top of that band.
Registration data for June 2025 to May 2026 records 192 deals worth ₹1,738 Cr at an average registered rate of ₹64,600/sq.ft; a modelled transaction rate is nearer ₹77,900. An indicative benchmark of ₹70,000 sits between the two.
Malabar Hill is purely residential and institutional — no office market — and much of its turnover is off-market, between families and private offices, so published figures lag actual clearing prices.
What Affects Prices in Malabar Hill
Frequently Asked Questions
Common questions about property rates in Malabar Hill, covering residential and rental figures.
What is the current property rate in Malabar Hill?
The blended asking rate for property rates in Malabar Hill is around ₹95,000 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.
What is the price range for a flat in Malabar Hill?
Based on current market listings, a 2 BHK in Malabar Hill is typically ₹6.00–12.00 Cr, a 3 BHK ₹12.00–28.00 Cr, and a 4 BHK or larger anywhere from ₹25.00 Cr upwards on a carpet-area basis.
Full-floor and bungalow deals run into the hundreds of crores.
What is the average rent in Malabar Hill?
Based on independent market research, monthly rent is roughly ₹1.50–3.00 Lakh for a 2 BHK, ₹3.00–7.00 Lakh for a 3 BHK, and ₹7.00–15.00 Lakh for a 4 BHK or larger. Gross yield is a very low 2.2–2.8% — this is a capital and trophy market, not a rental one.
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. The ₹95,000 headline blends an independent flat average near ₹86,650, a recent asking figure of ₹95,700, and a ₹75,000–1,50,000 building spread; the registered-deal average for the year was lower, at ₹64,600.
Because deal volume is tiny and includes full-floor trophy sales, the recent one-year jump is skewed by a handful of very large transactions rather than a broad market move.
The Ready Reckoner shown is the published band for this D-ward ridge. Use the enquiry form above for a precise, property-specific estimate.
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