5 BHK Flats on Rent in Colaba

1 verified property ยท updated daily since 1993
5 BHK Dhanraj Mahal in Colaba For Rent
โ‚น 5 Lac/mo
5 BHK Dhanraj Mahal
๐Ÿ“ Near Post Office, Colaba
๐Ÿ›๏ธ 5 BHK ๐Ÿ“ 1900 sqft ๐Ÿ›‹๏ธ Fully Furnished ๐Ÿข Higher flr

A standout 2ยฝ BHK home awaits at Dhanraj Mahal, Colaba โ€” moments from the seafront and cafes. Set on the Higher floor, it comes fully furnished, with 1,900 sq.ft. of carpet space. On offer for โ‚น5 Lac per month with a deposit of โ‚น20 Lac. Enquire to schedule a visit.

๐Ÿ•’ Updated 06 Jun 2026
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๐Ÿ“Š Property rates in Colaba

Apartments โ€” buyโ‚น70,000โ€“110,000/sqft
1 BHK โ€” rentโ‚น75,000โ€“1.65 Lac/mo
2 BHK โ€” rentโ‚น1.65 Lacโ€“4.4 Lac/mo
3 BHK โ€” rentโ‚น4.4 Lacโ€“7.7 Lac/mo
Commercial โ€” leaseโ‚น280โ€“660/sqft
See all Mumbai property rates โ†’
Updated May 2026 ยท Real Estate Mumbai research

๐Ÿ“ฐ News about Colaba

About flats on rent in Colaba

Colaba is the iconic southern tip of Mumbai โ€” a neighbourhood that blends colonial grandeur with modern cosmopolitan energy. Home to the Gateway of India, Taj Mahal Palace Hotel, the INS Vikrant base, and the bustling Colaba Causeway market, it is simultaneously a tourist landmark, business address, and residential enclave for Mumbai's old-money families and international community.

The neighbourhood is well-served by BEST buses with the Churchgate terminus a short ride away. The Colaba-Bandra-SEEPZ Metro Line 3 further improves connectivity. Key amenities include the Colaba Post Office, NCPA arts complex, and proximity to Cuffe Parade and Nariman Point commercial zones. The residential character is defined by grand Art Deco buildings and heritage bungalows.

Residential inventory is limited and rarely available, with properties commanding a premium for their heritage value and location. Typical apartments are large 2-4 BHK in pre-war buildings, with modern towers being few in number. Rental demand is steady from diplomats, senior executives, and expatriates attached to consulates and international organisations. Real Estate Mumbai has handled exclusive Colaba listings since 1993.

Frequently asked questions in Colaba

How many flats for rent are available in Colaba?
There are 1 verified flats for rent in Colaba on Real Estate Mumbai, updated daily with real photos, carpet area, prices and RERA details.
What is the monthly rent for a 2 BHK in Colaba?
A 2 BHK flat in Colaba typically rents for Rs. 165,000 to Rs. 440,000 per month, depending on furnishing, floor and the building.
Is Colaba a good area to rent a flat in Mumbai?
Colaba is an established Mumbai locality with 1 verified listings currently available. Browse real photos and connect directly on WhatsApp with Real Estate Mumbai, trusted since 1993.

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