REM Private Leasing Desk · Budget guide
Every home we list at ₹1–2 lakh a month in South Mumbai — the top half of a ₹2 lakh budget — locality by locality, with the most premium buildings the budget reaches.
Tell the desk your budget and route — we shortlist privately and arrange the viewings.
As of 26 September 2026, Real Estate Mumbai has 28 buildings with homes at ₹1–2 lakh a month in South Mumbai, listed in the last 30 days. The most choice is in Byculla (6 buildings, mostly 2 BHK), Peddar Road (4 buildings, mostly 1 BHK) and Nepeansea Road (3 buildings, mostly 2 BHK). ₹2 lakh goes furthest in Nepeansea Road, where a home at this budget is typically about 800 sq ft.
Along the route
Buildings with homes at ₹1–2 lakh a month, in route order. Sizes are the typical and the larger end of what is live today.
Typical rent here: ₹1.73 lakh a month
Most premium buildings in budget
Sagar Kunj3 in budget · ₹212/sq ftDariya Mahal1 in budget · ₹179/sq ftTypical rent here: ₹1.25 lakh a month
Typical rent here: ₹2 lakh a month
Most premium buildings in budget
Piramal Mahalaxmi13 in budget · ₹246/sq ftLodha Primero2 in budget · ₹228/sq ftPrestige Jasdan Classic1 in budget · ₹226/sq ftTypical rent here: ₹1.5 lakh a month
Most premium buildings in budget
Piramal Aranya Ahan13 in budget · ₹194/sq ftPiramal Aranya79 in budget · ₹190/sq ftPiramal Aranya Arav14 in budget · ₹183/sq ftAlso a building or two in Colaba (1), Walkeshwar (2), Breach Candy (3), Kemps Corner (2), Grant Road (1), Tardeo (2), Mumbai Central (1).
How we measure: live residential homes with photos, at ₹1–2 lakh a month. "Most premium" ranks buildings by their median rent per square foot across at least 5 live homes, and lists only buildings with a home inside this budget. Typical size is the median; "up to" is the 90th percentile. A locality needs at least 5 homes to get a card. Data as of 26 September 2026; the same figures are published as open data (JSON).
By area
Available now
Showing 25–28 of 28 buildings
Last updated 2 Sep 2026
For owners
We price it against the live market, screen every tenant before a viewing and show it by appointment only. Your number never goes public.
Questions
At ₹1–2 lakh a month we have 28 buildings to choose from in South Mumbai today. The deepest choice is in Byculla (6 buildings, mostly 2 BHK), Peddar Road (4 buildings, mostly 1 BHK) and Nepeansea Road (3 buildings, mostly 2 BHK).
In Nepeansea Road a home at this budget is typically about 800 sq ft; in Peddar Road it is about 660 sq ft. Sizes are the median of the live homes at ₹1–2 lakh.
Measured by rent per square foot over at least 5 live homes, the most premium buildings with homes in this budget include Sagar Kunj (Nepeansea Road), Piramal Mahalaxmi (Mahalaxmi) and Piramal Aranya Ahan (Byculla).
REM Private Leasing Desk
Share your budget, route and move-in date. The desk comes back with a private, matched shortlist — including homes that are not advertised — and arranges the viewings around you.
