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.
Property Rates in Walkeshwar by BHK
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.
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.
Property Rates in Walkeshwar: 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.
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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.
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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.
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.
Property rates in Walkeshwar 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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