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Property Rates in Prabhadevi, Mumbai (2026)

These are the latest property rates in Prabhadevi, Mumbai — the sea-facing sliver between Dadar and Worli, anchored by the Siddhivinayak temple and a row of luxury towers — with configuration-wise price estimates, rental figures and how Prabhadevi compares with its neighbours.

Compare all flats for sale in Worli and Prabhadevi, with prices and possession in one place.

Residential · Sale
₹68,000/sq.ft
asking rate
Residential · Rent
₹59K–5.57L/month
1–4 BHK
Sea-Facing Towers
₹74K–86K/sq.ft
Ahuja, Kalpataru, Rustomjee
Rental Yield
~3.8%
gross
Indicative Transaction Benchmark₹48,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹23,000/sq.ft (est.)
PositionPremium (South-Central sea belt)
5yr / 1yr Appreciation+39.9% / +1.7%
Property Rates in Prabhadevi are quoted per sq.ft of carpet area; the Ready Reckoner is on built-up area. Updated 26 October 2026.

Property Rates in Prabhadevi by BHK

1 BHK
market listings
₹1.23 – 2.50 Cr
2 BHK
market listings
₹3.20 – 5.17 Cr
3 BHK
market listings
₹6.00 – 11.00 Cr

These property rates in Prabhadevi reflect actual listed prices on a carpet-area basis, across the Century Bazaar, Gokhale Road South and Siddhivinayak-corridor pockets.

Rental Rates in Prabhadevi

1 BHK
avg. monthly rent
~₹59,050
2 BHK
avg. monthly rent
~₹1,28,250
3 BHK
avg. monthly rent
~₹3,67,750

From independent market research, not Asraa Realty’s own rental listings. A 4 BHK rents around ₹5.57 Lakh/month and larger sea-facing units well above that. The average rental rate is about ₹200/sq.ft/month, a gross yield near 3.8%.

Property Rates in Prabhadevi: Price Trend

Property Rates in Prabhadevi: price trend chart

Prabhadevi has been one of the strongest performers in the area — up about 27% over three years and 40% over five — though the last twelve months have been broadly flat.

Estimate Your Property’s Value

Estimated Value
₹3.60 Cr – ₹4.80 Cr
Low end: indicative transaction benchmark (₹48,000/sq.ft) · High end: asking rate (₹68,000/sq.ft)

Live Listings in Prabhadevi

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Prabhadevi & Neighbouring Localities

LocalityRatevs Prabhadevi
Worli₹73,000+14%
Prabhadevi (this locality)₹68,000—
Dadar West₹55,000-14%
Lower Parel₹54,000-16%

Dadar West, Lower Parel and Worli are all independently researched and cross-verified as of 6 September 2026.

Prabhadevi sits between Dadar and Worli. It trades below Worli but above Dadar West and Lower Parel — the latter having softened on luxury oversupply — with its sea-facing towers overlapping the Worli price band.

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About Prabhadevi

Prabhadevi is a narrow, upmarket strip on the Arabian Sea between Dadar and Worli, best known for the Siddhivinayak temple, the Ravindra Natya Mandir and Sasmira institutions, and a Century Bazaar commercial pocket. Its western edge is a wall of sea-facing luxury towers.

At about ₹68,000/sq.ft asking, property rates in Prabhadevi place it firmly in South-Central Mumbai’s premium band. Independent sources bracket the locality between ₹62,850 and ₹66,650; registered deals average lower, near ₹40,000/sq.ft.

What Affects Prices in Prabhadevi

Sea-facing aspect & floor height
Branded luxury tower vs older society
Cessed / rehab building tenure
Worli & Lower Parel spillover demand
Siddhivinayak-corridor redevelopment
Bandra–Worli Sea Link & Coastal Road access
Dadar interchange proximity
Exact micro-location

Frequently Asked Questions

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

What is the current property rate in Prabhadevi?

The average asking rate for property rates in Prabhadevi is around ₹68,000 per sq.ft carpet area (as of mid-2026); independent sources put the locality between ₹62,850 and ₹66,650.

An indicative transaction benchmark — not independently verified — is around ₹48,000 per sq.ft; the registered average is lower, near ₹40,000. The government Ready Reckoner rate (built-up area) is estimated near ₹23,000 per sq.ft.

What is the price range for a flat in Prabhadevi?

Based on current market listings, a 1 BHK in Prabhadevi is typically ₹1.23–2.50 Cr, a 2 BHK ₹3.20–5.17 Cr, and a standard 3 BHK ₹6.00–11.00 Cr on a carpet-area basis.

Sea-facing luxury towers — Ahuja Towers, Kalpataru Oceana, Tata Peregrine, Rustomjee Crown — run ₹74,000–86,000/sq.ft, with large homes at ₹12–35 Cr and above.

Property rates in Prabhadevi 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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