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Property Rates in Marine Lines, Mumbai (2026)

These are the latest property rates in Marine Lines, Mumbai — the Western Line quarter between Churchgate and Charni Road, back from the north end of Marine Drive — with price estimates, rental figures and how Marine Lines compares with its neighbours.

Residential · Sale
₹72,000/sq.ft
blended asking rate
Typical Society Stock
₹65K–74K/sq.ft
non sea-facing
Sea-Facing / New Towers
₹85K+/sq.ft
e.g. One Marina
Rental Yield
~2.8–3.5%
gross
Indicative Transaction Benchmark₹44,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹28,000/sq.ft (est., band ₹20.5K–35K)
PositionPremium (SoBo sea belt)
Appreciation+6.1% (1yr) · +21.4% (3yr) · +39.8% (5yr)
Asking, transaction, BHK and rental rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 6 September 2026 · see full breakdown and sourcing below

Estimated Property Prices in Marine Lines

1 BHK
market listings
₹1.20 – 2.50 Cr
2 BHK
market listings
₹3.50 – 7.00 Cr
3 BHK
market listings
₹4.50 – 13.80 Cr

These property rates in Marine Lines are on a carpet-area basis. Independent research puts the weighted average near ₹73,700/sq.ft, with plain society stock closer to ₹64,750/sq.ft and premium sea-view towers such as One Marina around ₹85,050/sq.ft.

The ₹72,000 headline is a blend of those bands. A specific quote depends heavily on the building, the floor and whether the unit looks out over the Back Bay.

Rental Rates in Marine Lines

1 BHK
monthly rent range
₹40,000 – 70,000
2 BHK
monthly rent range
₹1.10 – 2.00 L
3 BHK
monthly rent range
₹2.00 – 4.00 L

From independent market research, not Asraa Realty’s own rental listings. Against the sale figure for property rates in Marine Lines, these rents work out to a gross yield of roughly 2.8–3.5% — typical of South Mumbai, where capital values sit well ahead of rent.

Marine Lines Property Price Trend

₹74k ₹62k ₹50k 2021 ₹51.5k 2023 ₹59.5k 2025 ₹68.0k 2026 ₹72.0k↑ Asraa’s own tracking starts here

A steady rise — about +21% over three years and +40% over five — on limited new supply. One narrow, sea-facing-weighted sample shows a much larger one-year jump; the broader locality figure is nearer +6%.

Points are shaped from published appreciation data for property rates in Marine Lines.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Marine Lines 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) — in Marine Lines the value depends heavily on the building and whether the unit is sea-facing.

Estimated Value
₹3.30 Cr – ₹5.40 Cr
Low end: indicative transaction benchmark (₹44,000/sq.ft) · High end: asking rate (₹72,000/sq.ft)

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 Marine Lines

No live Asraa Realty listings in Marine Lines right now.

This is a small, tightly held market with very little turnover. Tell us what you’re looking for and we’ll alert you the moment a matching property comes up. Register your requirement →

Marine Lines & Neighbouring Localities

LocalityRatevs Marine Lines
Marine Drive₹82,000+14%
Churchgate₹73,000+1%
Marine Lines (this locality)₹72,000
Charni Road₹60,000-17%

Marine Drive, Churchgate and Charni Road are all independently researched and cross-verified as of 6 September 2026.

Marine Lines sits just below the Marine Drive frontage, roughly level with Churchgate’s business-district stock, and clearly above the Girgaon quarters inland around Charni Road. Its own Back Bay-facing buildings trade in the Marine Drive band.

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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹30.00 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹30.30 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value.

The Marine Lines Ready Reckoner is estimated at roughly ₹2.2–3.8 lakh/sq.m built-up (about ₹20,500–35,300/sq.ft), frozen for FY 2026-27 — the notified rate for a Back Bay-facing building is well above that of an interior society.

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area — Maharashtra’s own formula treats built-up area as carpet area × 1.20, so a ₹28,000/sq.ft built-up mid works out to roughly ₹33,600/sq.ft on a carpet-area-equivalent basis.

You can verify the current official Ready Reckoner rate and calculate exact stamp duty on the Maharashtra IGR government portal.

About Marine Lines

Marine Lines is the Western Line station and quarter between Churchgate and Charni Road, running back from the north end of Marine Drive along Netaji Subhash Chandra Bose Road, with the Queen’s Necklace, Wilson College and Marine Lines beach on its seaward side.

It is a compact, established residential pocket — older cooperative societies and a handful of new sea-view towers — wrapped around schools, hospitals, the Bombay Hospital belt and the Marine Lines cremation and burial grounds, within walking distance of the Fort business district.

At about ₹72,000/sq.ft blended asking, property rates in Marine Lines sit just below Churchgate and the Marine Drive frontage.

Independent research puts the weighted average near ₹73,700/sq.ft, plain society stock around ₹64,750, and premium sea-view buildings such as One Marina about ₹85,050.

An indicative transaction benchmark is around ₹44,000/sq.ft. Registered deals average close to ₹38,000, held down by the older cessed and cooperative-society stock that makes up much of the recorded turnover.

Marine Lines is almost entirely residential and institutional — hospitals, colleges and clinics — with offices concentrated a short walk south in Churchgate and the Fort belt rather than in the locality itself.

What Affects Prices in Marine Lines

Sea-facing (Back Bay / Queen’s Necklace) vs interior
Floor height & unobstructed view
New sea-view tower vs older society
Cessed / cooperative-society tenure
Redevelopment potential of older buildings
Walk to Churchgate & the Fort business belt
Western Line & proposed Metro access
Exact micro-location

Frequently Asked Questions

Common questions about property rates in Marine Lines, covering residential and rental figures.

What is the current property rate in Marine Lines?

The blended asking rate for property rates in Marine Lines is around ₹72,000 per sq.ft carpet area (as of mid-2026). Independent research puts the weighted average near ₹73,700 per sq.ft.

Plain society stock trades closer to ₹64,750 per sq.ft, while premium sea-view towers reach about ₹85,050. An indicative transaction benchmark is around ₹44,000 per sq.ft.

Why is the registered rate so much lower than the asking rate in Marine Lines?

Registered deals in Marine Lines average close to ₹38,000 per sq.ft, well below the ₹72,000 asking figure. Most recorded turnover is in older cessed and cooperative-society buildings, which change hands well below the rate of new sea-view stock.

The indicative transaction benchmark of around ₹44,000 blends that registry data with the more liquid resale market.

What is the price range for a flat in Marine Lines?

Based on current market listings, a 1 BHK in Marine Lines is typically ₹1.20–2.50 Cr, a 2 BHK ₹3.50–7.00 Cr, and a 3 BHK anywhere from ₹4.50 Cr to ₹13.80 Cr on a carpet-area basis.

Sea-facing units in newer buildings sit at the top of — and beyond — those ranges.

What is the average rent in Marine Lines?

Based on independent market research, monthly rent is roughly ₹40,000–70,000 for a 1 BHK, ₹1.10–2.00 Lakh for a 2 BHK, and ₹2.00–4.00 Lakh for a 3 BHK. Against sale prices, gross yield works out near 2.8–3.5%.

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 ₹72,000 headline blends a weighted average near ₹73,700/sq.ft, plain society stock around ₹64,750, and premium sea-view towers around ₹85,050.

The one-year figure varies sharply by sample: a narrow sea-facing-weighted set shows a large jump, while the broader locality is nearer +6%. The three- and five-year figures (+21.4% and +39.8%) are more stable.

The Ready Reckoner shown is an estimate for this SoBo sea-belt zone. Use the enquiry form above for a precise, property-specific estimate.

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