These are the latest property rates in Walkeshwar, Mumbai — the western, Banganga slope of the Malabar Hill ridge, from the Teen Batti junction down to the Banganga Tank and the sea — with price estimates, rental figures and how Walkeshwar compares with its neighbours.
Estimated Property Prices in Walkeshwar
These property rates in Walkeshwar split by vintage. Established resale buildings trade around ₹55,000–80,000/sq.ft carpet; independent research puts the flat average near ₹80,000, within a ₹52,680–94,804 range.
New luxury launches near Banganga — Sambhav The Primordial House, Aurum Girnar and others — are quoted at ₹1,00,000–1,75,000 and above, re-anchoring a zone that was trading closer to ₹55,000–60,000 for resale. The ₹85,000 headline is a blend that leans towards the newer stock.
Rental Rates in Walkeshwar
From independent market research, not Asraa Realty’s own rental listings. Rental demand from legacy HNI, NRI and family-office tenants is steady, but gross yield on property rates in Walkeshwar is a very low 2.3–2.8% — the market runs on capital appreciation and address, not income.
Walkeshwar Property Price Trend
A strong five-year run (about +38%) then a reported one-year dip of roughly −11% — the recent registered sample is weighted to older resale flats, while new launches price far higher.
Points are shaped from published appreciation data for property rates in Walkeshwar; the market is mid-reset as premium launches redefine the top of the range.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Walkeshwar 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 Walkeshwar the gap between an older resale flat and a new-launch unit is very wide.
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 Walkeshwar
No live Asraa Realty listings in Walkeshwar right now.
This is a small, tightly held market where much of the turnover is off-market. Tell us what you’re looking for and we’ll reach out the moment a matching property comes up. Register your requirement →
Walkeshwar & Neighbouring Localities
| Locality | Rate | vs Walkeshwar |
|---|---|---|
| Malabar Hill | ₹95,000 | +12% |
| Walkeshwar (this locality) | ₹85,000 | — |
| Marine Drive | ₹82,000 | -4% |
| Cuffe Parade | ₹70,000 | -18% |
Malabar Hill, Marine Drive and Cuffe Parade are all independently researched and cross-verified as of 6 September 2026.
Walkeshwar is the western slope of the Malabar Hill ridge and trades a little below the crest on a blended basis, though its new luxury launches now overlap the top of the Malabar Hill range.
Talk to an advisor about Property Rates in Walkeshwar, Mumbai (2026)
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Chat on WhatsApp or call +91 96199 73211About Walkeshwar
Walkeshwar is the western and southern face of the Malabar Hill ridge, wrapped around the ancient Banganga Tank and the Walkeshwar Temple, running from Teen Batti down towards the Governor’s estate and the sea.
It shares Malabar Hill’s character — low-rise, leafy, tightly held, legacy-owned — with a slightly older building stock on the resale side and, more recently, a cluster of high-profile luxury launches near Banganga.
At about ₹85,000/sq.ft blended asking, property rates in Walkeshwar sit a little below the Malabar Hill crest. Independent research puts the flat average near ₹80,000, within a ₹52,680–94,804 range, while new launches are quoted at ₹1,00,000–1,75,000 and above.
Registered deals show a mixed picture — a strong five-year gain of about +38% but a reported one-year dip near −11%, as recent registrations skew to older resale flats. An indicative transaction benchmark is around ₹60,000/sq.ft.
Walkeshwar is purely residential and religious/institutional — the Banganga precinct, temples and dharamshalas — with no office market and much of its turnover handled off-market.
What Affects Prices in Walkeshwar
Frequently Asked Questions
Common questions about property rates in Walkeshwar, covering residential and rental figures.
What is the current property rate in Walkeshwar?
The blended asking rate for property rates in Walkeshwar is around ₹85,000 per sq.ft carpet area (as of mid-2026). Independent research puts the flat average near ₹80,000, within a ₹52,680–94,804 range.
Established resale buildings trade around ₹55,000–80,000, while new luxury launches near Banganga are quoted at ₹1,00,000–1,75,000 and above. An indicative transaction benchmark is around ₹60,000 per sq.ft.
Why do property rates in Walkeshwar show a fall over the last year?
Independent registration data shows a one-year change of about −11%, but this reflects the mix of what registered rather than a genuine market fall. Recent deals have been weighted to older resale flats at the lower end of the range.
Over five years the same series shows about +38%, and new launches are pricing at ₹1,00,000–1,75,000 — well above the old resale band.
What is the price range for a flat in Walkeshwar?
Based on current market listings, a 2 BHK in Walkeshwar is typically ₹5.00–10.00 Cr, a 3 BHK ₹8.00–18.00 Cr, and a 4 BHK or larger anywhere from ₹18.00 Cr to ₹40.00 Cr on a carpet-area basis.
New luxury 3 BHK launches near Banganga run ₹12–18 Cr and above.
What is the average rent in Walkeshwar?
Based on independent market research, monthly rent is roughly ₹1.20–2.50 Lakh for a 2 BHK, ₹2.50–6.00 Lakh for a 3 BHK, and ₹6.00–12.00 Lakh for a 4 BHK or larger. Gross yield is a very low 2.3–2.8%.
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. Walkeshwar is a market in reset: established resale stock at ₹55,000–80,000/sq.ft (flat average near ₹80,000) and new luxury launches at ₹1,00,000–1,75,000 and above.
The ₹85,000 headline is an indicative blend leaning towards the newer stock.
The one-year change of about −11% comes from a resale-weighted registered sample; the five-year figure is about +38%, and the ten-year is slightly negative — a small, volatile market.
The Ready Reckoner shown is the published rate for Walkeshwar Road. Use the enquiry form above for a precise, property-specific estimate.
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