₹13.4 Cr2 BHK1339 sq ft
Meghdoot
Marine Drive · Fully Furnished · ₹1,00,075/sq ft
South Mumbai · updated October 2026
Property rates in Marine Drive 2026
Apartments in Marine Drive sell for about ₹75,000 – ₹1,20,000 per sq ft (carpet), and a 2 BHK rents for ₹1.65 Lakh – ₹4.40 Lakh per month. Commercial space is around ₹50,000 – ₹95,000 per sq ft, as of October 2026.
Cuffe Parade, Colaba & Nariman Point property market: prices and rents by size, buildings, Q&A →
Apartments · buy₹75,000 – ₹1,20,000/ sq ft
2 BHK rent₹1.65 Lakh – ₹4.40 Lakh/ month
On the market8homes · 0 new projects
The numbers
What are the property rates in Marine Drive?
| Type | Rate (October 2026) |
|---|---|
| Apartments — buy | ₹75,000 – ₹1,20,000 /sq ft |
| 1 BHK — rent | ₹90K – ₹1.65 Lakh /month |
| 2 BHK — rent | ₹1.65 Lakh – ₹4.40 Lakh /month |
| 3 BHK — rent | ₹3.30 Lakh – ₹6.60 Lakh /month |
| 4 BHK — rent | ₹4.40 Lakh – ₹8.80 Lakh /month |
| Commercial — buy | ₹50,000 – ₹95,000 /sq ft |
| Commercial — lease | ₹220 – ₹440/sqft/mo |
Researched rates are carpet-area, indicative ranges from our tracked transactions and inventory in Marine Drive.
The market
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.
The neighbourhood
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
On the market
Homes for sale and rent in Marine Drive
Latest to buy
₹19 Cr2.5 BHK1996 sq ft
Mistry Court
Marine Drive · Unfurnished · ₹95,190/sq ft
₹25 Cr4 BHK1600 sq ft
Shanti Niketan
Marine Drive · Semi-Furnished · ₹1,56,250/sq ft
₹6 Cr2 BHK750 sq ft
Bharat Mahal
Marine Drive · Unfurnished · ₹80,000/sq ft
₹19 Cr3 BHK1996 sq ft
Mistry Court
Marine Drive · ₹95,190/sq ft
₹25 Cr4 BHK1550 sq ft
Shanti Niketan
Marine Drive · ₹1,61,290/sq ft
One team, every need
Everything we do in Marine Drive
Homes to rent and buy, new projects under construction, and offices to lease or buy — one Real Estate Mumbai team for all of it.
We handle homes to rent in Marine Drive too — tell us what you need and our team will share current options.
₹13.4 Cr
2 BHK in Meghdoot
1,339 sq ft carpet
₹19 Cr
2.5 BHK in Mistry Court
1,996 sq ft carpet
₹25 Cr
4 BHK in Shanti Niketan
1,600 sq ft carpet
₹6 Cr
2 BHK in Bharat Mahal
750 sq ft carpet
₹19 Cr
3 BHK in Mistry Court
1,996 sq ft carpet
₹25 Cr
4 BHK in Shanti Niketan
1,550 sq ft carpet
₹25 Cr
4 BHK in Meghdoot
3,000 sq ft carpet
₹8.25 Cr
3 BHK in Prabhat
1,280 sq ft carpet
We handle new projects in Marine Drive too — tell us what you need and our team will share current options.
We handle offices to buy in Marine Drive too — tell us what you need and our team will share current options.
Demand
Who is looking in Marine Drive
We have received 76 buyer and tenant enquiries for Marine Drive — 43 looking to buy and 15 to rent. The most-wanted size is 3 BHK & 2 BHK.
Own a home in Marine Drive?
76 buyers and tenants are already looking. List it and we'll match you to genuine demand.
Questions
Marine Drive property rates, answered
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 October 2026. Real Estate Mumbai has tracked Marine Drive property rates since 1995.
What is the rent for a 2 BHK in Marine Drive?
A 2 BHK flat in Marine Drive typically rents for ₹1.65 Lakh – ₹4.40 Lakh per month as of October 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 October 2026.
Updated October 2026 · Marine Drive rates tracked by Real Estate Mumbai since 1995 · compiled by Sandeep Sadh.