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Property Rates in Nepean Sea Road, Mumbai (2026)

These are the latest property rates in Nepean Sea Road, Mumbai — the sea-facing arc below Malabar Hill, between Walkeshwar, Kemps Corner and the Priyadarshini Park sea front — with price estimates, rental figures and how Nepean Sea Road compares with its neighbours.

Residential · Sale
₹85,000/sq.ft
blended asking rate
Older / Standard Stock
₹51K–70K/sq.ft
established buildings
Front-Line & New
₹1.0L–1.75L/sq.ft
sea-facing & branded
Rental Yield
~2.2–2.8%
gross
Indicative Transaction Benchmark₹65,000/sq.ft
Govt. Ready Reckoner (built-up area)₹80,926/sq.ft (Nepean Sea Road)
PositionAmong the most expensive addresses in India
Registered DealsVery thin — ~3 in a year at ~₹64,600/sq.ft
Property Rates in Nepean Sea Road are quoted per sq.ft of carpet area; the Ready Reckoner is on built-up area. Updated 6 September 2026.

Property Rates in Nepean Sea Road by BHK

2 BHK
market listings
₹3.00 – 15.00 Cr
3 BHK
market listings
₹7.00 – 25.00 Cr
4 BHK+
market listings
₹12.00 – 70.00 Cr+

These property rates in Nepean Sea Road split by building. Established and standard-stock flats trade around ₹51,000–70,000/sq.ft carpet, with independent quarterly data showing a sharp recent rise — roughly ₹92,000/sq.ft by late 2025.

Rental Rates in Nepean Sea Road

2 BHK
monthly rent range
₹1.20 – 2.50 L
3 BHK
monthly rent range
₹2.50 – 6.00 L
4 BHK+
monthly rent range
₹6.00 – 15.00 L

From independent market research, not Asraa Realty’s own rental listings. Reported rents on Nepean Sea Road span roughly ₹60,000 to ₹3,00,000+ a month by size and building. Gross yield against the sale figure for property rates in Nepean Sea Road is a very low 2.2–2.8%.

Property Rates in Nepean Sea Road: Price Trend

Property Rates in Nepean Sea Road: price trend chart

Independent quarterly data shows a steep move up through 2025 — from the low ₹60,000s towards ₹92,000/sq.ft — as more branded and sea-facing stock changed hands.

Estimate Your Property’s Value

Estimated Value
₹11.05 Cr – ₹14.45 Cr
Low end: indicative transaction benchmark (₹65,000/sq.ft) · High end: asking rate (₹85,000/sq.ft)

Live Listings in Nepean Sea Road

No live Asraa Realty listings in Nepean Sea Road 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 →

Nepean Sea Road & Neighbouring Localities

LocalityRatevs Nepean Sea Road
Altamount Road₹1,10,000+29%
Malabar Hill₹95,000+12%
Nepean Sea Road (this locality)₹85,000—
Walkeshwar₹85,000level

Altamount Road, Malabar Hill and Walkeshwar are all independently researched and cross-verified as of 6 September 2026.

Nepean Sea Road, Walkeshwar and Malabar Hill form one ridge-and-sea-front market. Altamount Road, just inland at Cumballa Hill, is the priciest street of the group.

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About Nepean Sea Road

Nepean Sea Road (officially Lady Laxmibai Jagmohandas Marg) is the western sea-facing shoulder of the Malabar Hill ridge, curving from the Priyadarshini Park sea front past Petit Hall and Jaslok Hospital towards Kemps Corner.

What Affects Prices in Nepean Sea Road

Sea view & orientation towards the Arabian Sea
New branded redevelopment vs older building
Floor height & unobstructed outlook
Building standing & residents’ profile
Redevelopment potential & society consent
Bungalow plot vs apartment
Off-market vs open-market sale
Exact building & unit

Living on Nepean Sea Road: Landmarks, Access & Sea-View Prices

The road runs along the western edge of Malabar Hill, from Priyadarshini Park at the sea front up towards Kemps Corner. Petit Hall and the Priyadarshini Park sports ground are on or just off the road; Walkeshwar and Banganga Tank lie over the ridge, and Breach Candy Hospital, Mahalaxmi Temple and Haji Ali are a short drive south.

Access changed with the Mumbai Coastal Road: its twin tunnels under Malabar Hill come out at Priyadarshini Park, so Marine Drive and Worli are now minutes away without the Peddar Road traffic. The nearest suburban stations are Grant Road and Mumbai Central on the Western line.

Buyers here mostly choose between a flat in an older society building and a unit in a new branded tower, and between a sea-facing and a city-facing side. The gap is large:

Type of flatTypical rate (per sq.ft carpet)
Older building, city or partial view₹51,000–70,000
Blended asking across the road~₹85,000
Front-line sea-facing or branded new tower₹1,00,000–1,75,000+

Indicative ranges from the figures above; the exact building, floor and view decide the final price.

Frequently Asked Questions

Common questions about property rates in Nepean Sea Road, covering residential and rental figures.

What are the current property rates in Nepean Sea Road?

The blended asking rate for property rates in Nepean Sea Road is around ₹85,000 per sq.ft carpet area (as of mid-2026). Standard stock trades ₹51,000–70,000, and independent quarterly data touched ₹92,000 in late 2025.

Front-line sea-facing and branded units run ₹1,00,000–1,75,000 and above. With only about three registered deals in the year at an average of ₹64,600, the benchmark should be read as a floor for older flats.

Why do published rates for Nepean Sea Road vary so much?

Deal volume is extremely low — a handful a year — and each one ranges from a modest older flat to a branded sea-facing apartment above ₹1.5 lakh/sq.ft. A single transaction can swing the reported average by tens of thousands of rupees per square foot.

Most turnover is also off-market, so registration-based figures lag what buyers actually pay.

Property rates in Nepean Sea Road 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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