These are the latest property rates in Peddar Road, Mumbai — officially Gopalrao Deshmukh Marg, the Cumballa Hill artery linking Kemps Corner, Haji Ali and the Mahalaxmi racecourse — with price estimates, rental figures and how Peddar Road compares with its neighbours.
Property Rates in Peddar Road by BHK
These property rates in Peddar Road span the range of an ageing but blue-chip street. Older cooperative-society flats trade around ₹60,000–75,000/sq.ft carpet; independent research puts the broad average near ₹70,000.
Rental Rates in Peddar Road
From independent market research, not Asraa Realty’s own rental listings. Corporate and consular tenants drive demand, but gross yield on property rates in Peddar Road is a low 2.3–2.8% — capital values sit well ahead of rent here.
Property Rates in Peddar Road: Price Trend
Flat through 2023–25 then a sharp move up — independent data shows +13.6% over the last year, on a low base of registered deals.
Estimate Your Property’s Value
Live Listings in Peddar Road
No live Asraa Realty listings in Peddar Road right now.
This is a small, tightly held market with limited turnover. Tell us what you’re looking for and we’ll reach out the moment a matching property comes up. Register your requirement →
Peddar Road & Neighbouring Localities
| Locality | Rate | vs Peddar Road |
|---|---|---|
| Altamount Road | ₹1,10,000 | +41% |
| Malabar Hill | ₹95,000 | +22% |
| Nepean Sea Road | ₹85,000 | +9% |
| Peddar Road (this locality) | ₹78,000 | — |
Altamount Road, Malabar Hill and Nepean Sea Road are all independently researched and cross-verified as of 6 September 2026.
Peddar Road sits at the lower end of the Cumballa Hill cluster on a blended basis — its ageing society stock pulls the average below Altamount Road and Nepean Sea Road, though its renovated and sea-view units overlap them. Kemps Corner, at its northern end, trades a touch above.
Talk to an advisor about Property Rates in Peddar Road, 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 Peddar Road
Peddar Road, officially Gopalrao Deshmukh Marg, runs along the south-western edge of Cumballa Hill from Kemps Corner down towards Haji Ali and the Mahalaxmi racecourse, with Jaslok Hospital, several schools and consulates along it.
What Affects Prices in Peddar Road
Living on Peddar Road: Landmarks, Access & Sea-View Prices
Peddar Road (Dr Gopalrao Deshmukh Marg) climbs over Cumballa Hill from Kemps Corner down to Haji Ali and Mahalaxmi. Jaslok Hospital is on the road itself, Breach Candy Hospital and Sophia College are a few minutes away, and Malabar Hill’s Hanging Gardens and Kamala Nehru Park are just up the ridge.
For years Peddar Road was known for slow traffic; the Mumbai Coastal Road, running along the sea below, now takes much of the through traffic to Marine Drive and Worli. Grant Road and Mahalaxmi are the nearest Western line stations.
Most stock is in older co-operative societies, with a smaller number of renovated or redeveloped buildings that command a clear premium, especially on higher floors with a sea view:
| Type of flat | Typical rate (per sq.ft carpet) |
|---|---|
| Older society flat | ₹60,000–75,000 |
| Blended asking across Peddar Road | ~₹78,000 |
| Renovated or redeveloped, sea view | ₹90,000–1,20,000 |
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 Peddar Road, covering residential and rental figures.
What is the current property rate in Peddar Road?
The blended asking rate for property rates in Peddar Road is around ₹78,000 per sq.ft carpet area (as of mid-2026). Independent research puts the broad average near ₹70,000.
Older society flats trade ₹60,000–75,000, while renovated and sea-view units run ₹90,000–1,20,000. An indicative transaction benchmark is around ₹60,000 per sq.ft.
How have property rates in Peddar Road moved over time?
Independent data shows steady, positive appreciation: about +13.6% over the last year, +12.9% over three years, +22.5% over five and +14.4% over ten.
The market was broadly flat through 2023–25 before the recent move up, on a small number of registered deals.
Property rates in Peddar 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.
← View all Mumbai Metropolitan Region & Palghar property rates