For Sale
Property Rates in Colaba (2026)
South Mumbai · Buy & rent prices per sq ft · researched & updated by our team — May 2026
Apartments in Colaba sell for about ₹70,000 – ₹1,10,000 per sq ft (carpet), and a 2 BHK rents for ₹1.65 Lac – ₹4.40 Lac per month. Commercial space is around ₹65,000 – ₹1,10,000 per sq ft, as of May 2026. Real Estate Mumbai has tracked Colaba property rates since 1995, with 53 flats for sale, 22 on rent and 0 new projects live now.
What are the property rates in Colaba?
| Type | Rate (May 2026) |
|---|---|
| Apartments — buy | ₹70,000 – ₹1,10,000 /sq ft |
| 1 BHK — rent | ₹75K – ₹1.65 Lac /month |
| 2 BHK — rent | ₹1.65 Lac – ₹4.40 Lac /month |
| 3 BHK — rent | ₹4.40 Lac – ₹7.70 Lac /month |
| 4 BHK — rent | ₹5.50 Lac – ₹8.80 Lac /month |
| Commercial — buy | ₹65,000 – ₹1,10,000 /sq ft |
| Commercial — lease | ₹280 – ₹660/sqft/mo |
Rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and current inventory in Colaba.
Colaba market overview
Outright residential rates range from ₹20,000 per sqft in entry-level resale complexes (such as Bradys Flats) up to over ₹48,148 per sqft in premium structures (like Kartar Bhavan). Lease rentals are strongly aligned with configuration sizes: compact 1 BHK layouts like Mohini Mansion (450 sqft) rent at around ₹85K/mo, whereas expansive 6 BHK layouts in developments like Ashoka Apartment (3300 sqft) command premium rentals of ₹7 Lac/mo.
The commercial sector operates under separate market forces, where commercial outright spaces sell at ₹154,028 per sqft in business complexes like Kismet Building and leases command ₹10 Lac/mo per month in nodes like Kismet Building. Commercial properties in Colaba follow distinct business and retail yield dynamics, where commercial spaces trade between ₹65,000 and ₹110,000/sf outright and commercial rents lease at around ₹280 to ₹660/sf per month.
About Colaba
Colonial architecture, iconic Causeway market, and Gateway of India. Mumbai's most tourist-friendly neighborhood.
- Connectivity: Churchgate line, BEST buses
- Landmarks: Gateway of India, Taj Hotel, Colaba Causeway
- Best for: Heritage Living, Walkable, Tourist Hub
Properties for sale & rent in Colaba
Latest for sale
For Sale
For Sale
For Sale
2 BHK Ahmed Mansion
Haji Niyaz Ahmed Azmi Marg, Arthur Bunder Rd, Apollo Bandar₹3.30 Cr
View details
For Sale
For Sale
For Sale
Latest on rent
View all 22 flats on rent in Colaba →
Buyer & tenant demand in Colaba
Real Estate Mumbai has received 162 buyer & tenant enquiries for Colaba — 61 looking to buy and 22 to rent. The most-wanted configuration is 1 BHK & 3 BHK.
Own a property in Colaba? 162 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.
💬 List my Colaba propertyColaba property rates — FAQs
What is the property rate in Colaba?
Apartments in Colaba sell for about ₹70,000 to ₹110,000 per sq ft (carpet) as of May 2026. Real Estate Mumbai has tracked Colaba property rates since 1995.
What is the rent for a 2 BHK in Colaba?
A 2 BHK flat in Colaba typically rents for ₹1.65 Lac – ₹4.40 Lac per month as of May 2026.
What are commercial property rates in Colaba?
Commercial property in Colaba has buy rates of ₹65,000–₹110,000 per sq ft and lease at ₹280 – ₹660/sqft/mo as of May 2026.
How many properties are available in Colaba?
Real Estate Mumbai currently lists 53 flats for sale, 22 flats on rent and 2 commercial properties in Colaba, plus 0 new projects. 162 buyers are actively looking in Colaba.
Want an accurate valuation in Colaba?
These are indicative area rates. For a specific building or your own property in Colaba, our advisors will give you a precise, up-to-date number.
💬 Get a Colaba valuation on WhatsAppUpdated May 2026 · Colaba rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.
