Home / Property rates / Property Rates in Marine Lines, Mumbai (2026)

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)
Property Rates in Marine Lines are quoted per sq.ft of carpet area; the Ready Reckoner is on built-up area. Updated 6 September 2026.

Property Rates in Marine Lines by BHK

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.

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.

Property Rates in Marine Lines: Price Trend

Property Rates in Marine Lines: price trend chart

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%.

Estimate Your Property’s Value

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)

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.

Talk to an advisor about Property Rates in Marine Lines, Mumbai (2026)

Get a free valuation, or ask about current listings and rates in this locality — no obligation.

I want to
Chat on WhatsApp or call +91 96199 73211

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.

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 are the current property rates 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.

Property rates in Marine Lines 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