For Sale
Property Rates in Marine Drive (2026)
South Mumbai · Buy & rent prices per sq ft · researched & updated by our team — June 2026
Apartments in Marine Drive sell for about ₹₹75,000 – ₹120,000 per sq ft (carpet), and a 2 BHK rents for ₹1.65 Lac – ₹4.40 Lac per month. Commercial space is around ₹₹50,000 – ₹95,000 per sq ft, as of June 2026. Real Estate Mumbai has tracked Marine Drive property rates since 1993, with 10 flats for sale, 1 on rent and 0 new projects live now.
What are the property rates in Marine Drive?
| Type | Rate (June 2026) |
|---|---|
| Apartments — buy | ₹₹75,000 – ₹120,000 /sq ft |
| 1 BHK — rent | ₹90K – ₹1.65 Lac /month |
| 2 BHK — rent | ₹1.65 Lac – ₹4.40 Lac /month |
| 3 BHK — rent | ₹3.30 Lac – ₹6.60 Lac /month |
| 4 BHK — rent | ₹4.40 Lac – ₹8.80 Lac /month |
| Commercial — buy | ₹₹50,000 – ₹95,000 /sq ft |
| Commercial — lease | ₹220 – ₹440/sqft/mo |
Rates are carpet-area, indicative ranges based on Real Estate Mumbai's tracked transactions and current inventory in Marine Drive.
Marine Drive market overview
Outright residential rates range from ₹65,693 per sqft in entry-level resale complexes (such as Meghdoot) up to over ₹73,333 per sqft in premium structures (like Bharat Mahal). Lease rentals are strongly aligned with configuration sizes: compact 1 BHK layouts like Niranjan D Naik (390 sqft) rent at around ₹35K/mo, whereas expansive 4 BHK layouts in developments like Krishna Kunj (2000 sqft) command premium rentals of ₹3.50 Lac/mo.
The commercial sector operates under separate market forces, where leases command ₹50K/mo per month in nodes like Ajmera Midtown. Commercial properties in Marine Drive follow distinct business and retail yield dynamics, where commercial spaces trade between ₹50,000 and ₹95,000/sf outright and commercial rents lease at around ₹220 to ₹440/sf per month.
About Marine Drive
Mumbai's iconic Queen's Necklace. Art Deco seafront apartments with unmatched sunset views over the Arabian Sea.
- Connectivity: Churchgate line, Metro line 3
- Landmarks: Queen's Necklace, Wankhede Stadium, Chowpatty
- Best for: Sea-Facing, Iconic Address, Jogging Track
Properties for sale & rent in Marine Drive
Latest for sale
View all 10 flats for sale in Marine Drive →
Latest on rent
View all 1 flats on rent in Marine Drive →
Buyer & tenant demand in Marine Drive
Real Estate Mumbai has received 51 buyer & tenant enquiries for Marine Drive — 21 looking to buy and 11 to rent. The most-wanted configuration is 3 BHK & 2 BHK.
Own a property in Marine Drive? 51 buyers & tenants are already looking — list it free and our advisors will match you to genuine demand.
💬 List my Marine Drive propertyMarine Drive property rates — FAQs
What is the property rate in Marine Drive?
Apartments in Marine Drive sell for about ₹75,000 to ₹120,000 per sq ft (carpet) as of June 2026. Real Estate Mumbai has tracked Marine Drive property rates since 1993.
What is the rent for a 2 BHK in Marine Drive?
A 2 BHK flat in Marine Drive typically rents for ₹1.65 Lac – ₹4.40 Lac per month as of June 2026.
What are commercial property rates in Marine Drive?
Commercial property in Marine Drive has buy rates of ₹50,000–₹95,000 per sq ft and lease at ₹220 – ₹440/sqft/mo as of June 2026.
How many properties are available in Marine Drive?
Real Estate Mumbai currently lists 10 flats for sale, 1 flats on rent and 2 commercial properties in Marine Drive, plus 0 new projects. 51 buyers are actively looking in Marine Drive.
Want an accurate valuation in Marine Drive?
These are indicative area rates. For a specific building or your own property in Marine Drive, our advisors will give you a precise, up-to-date number.
💬 Get a Marine Drive valuation on WhatsAppUpdated June 2026 · Marine Drive rates tracked by Real Estate Mumbai since 1993 · compiled by Sandeep Sadh.
