Walkeshwar
See 3 buildings →3buildings in budget
2 BHK100% of them
~1,050sq ft typical, up to ~1,240
Typical rent here: ₹2.5 lakh a month
Most premium buildings in budget
Nishat4 in budget · ₹262/sq ftREM Private Leasing Desk · Budget guide
What ₹3 lakh a month rents in South Mumbai
Every luxury home we list at ₹1.5–3 lakh a month in South Mumbai — the top half of a ₹3 lakh budget — locality by locality, with the most premium buildings the budget reaches.
44buildings to choose from at ₹1.5–3 lakh, listed in the last 30 days
7localities with real choice
1995leasing Mumbai homes since
Tell the desk your budget and route — we shortlist privately and arrange the viewings.
As of 26 September 2026, Real Estate Mumbai has 44 buildings with homes at ₹1.5–3 lakh a month in South Mumbai, listed in the last 30 days. The most choice is in Mahalaxmi (7 buildings, mostly 2 BHK), Breach Candy (6 buildings, mostly 2 BHK) and Byculla (6 buildings, mostly 3 BHK). ₹3 lakh goes furthest in Peddar Road, where a home at this budget is typically about 1,200 sq ft.
Along the route
What ₹3 lakh gets you, locality by locality
Buildings with homes at ₹1.5–3 lakh a month, in route order. Sizes are the typical and the larger end of what is live today.
Nepeansea Road
See 5 buildings →5buildings in budget
2 BHK88% of them
~910sq ft typical, up to ~1,370
Typical rent here: ₹2.02 lakh a month
Most premium buildings in budget
Sagar Kunj3 in budget · ₹212/sq ftDariya Mahal1 in budget · ₹179/sq ftSimla House1 in budget · ₹147/sq ftPeddar Road
See 5 buildings →5buildings in budget
2 BHK92% of them
~1,200sq ft typical, up to ~1,200
Typical rent here: ₹2.5 lakh a month
Most premium buildings in budget
Sukh Shanti6 in budget · ₹208/sq ftBreach Candy
See 6 buildings →6buildings in budget
2 BHK64% of them
~1,060sq ft typical, up to ~1,180
Typical rent here: ₹2.75 lakh a month
Most premium buildings in budget
Shankar mahal2 in budget · ₹238/sq ftTardeo
See 5 buildings →5buildings in budget
3 BHK75% of them
~1,200sq ft typical, up to ~1,430
Typical rent here: ₹2.67 lakh a month
Most premium buildings in budget
Orbit Heights1 in budget · ₹250/sq ftHeera Panna4 in budget · ₹238/sq ftAditya Heights1 in budget · ₹214/sq ftMahalaxmi
See 7 buildings →7buildings in budget
2 BHK58% of them
~820sq ft typical, up to ~1,450
Typical rent here: ₹2.35 lakh a month
Byculla
See 6 buildings →6buildings in budget
3 BHK56% of them
~1,080sq ft typical, up to ~1,440
Typical rent here: ₹1.9 lakh a month
Most premium buildings in budget
Piramal Aranya Ahan5 in budget · ₹194/sq ftPiramal Aranya46 in budget · ₹190/sq ftPiramal Aranya Arav9 in budget · ₹183/sq ftAlso a building or two in Colaba (1), Cuffe Parade (3), Kemps Corner (1), Grant Road (1), Mumbai Central (1).
How we measure: live residential homes with photos, at ₹1.5–3 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
₹3 lakh a month in other areas
Available now
Every building in South Mumbai at ₹1.5–3 lakh
Showing 1–24 of 44 buildings
Last updated 26 Sep 2026
Byculla
Piramal Aranya
3 BHK1,070 sq ftFully Furnished
₹2.2 Laca month
ES Patanwala Marg, Behind Byculla Zoo
Updated 26 Sep 2026
+10 more in this building
Byculla
Monte South
3 BHK1,300 sq ft
₹2 Laca month
Meghraj Sethi Marg, Municipal Colony
Updated 26 Sep 2026
+19 more in this building
Kemps Corner
India House
2.5 BHK1,200 sq ftFully Furnished
₹1.85 Laca month
August Kranti Marg
Updated 26 Sep 2026
Peddar Road
Prabhu Kunj
3 BHK1,450 sq ftSemi-Furnished
₹3 Laca month
Malviya Nagar, Cumballa Hill
Updated 26 Sep 2026
Mahalaxmi
Piramal Mahalaxmi
2 BHK780 sq ft
₹2 Laca month
Near, Jacob Circle
Updated 25 Sep 2026
+5 more in this building
Cuffe Parade
Satnam Apartment
2 BHK1,000 sq ftFully Furnished
₹2.5 Laca month
Opp. World Trade Centre
Updated 25 Sep 2026
Byculla
Fortune Tower
3 BHK1,400 sq ftFully Furnished
₹1.8 Laca month
J.J Hospital
Updated 25 Sep 2026
Byculla
Piramal Aranya Arav
3 BHK1,100 sq ftFully Furnished
₹2.3 Laca month
Near byculla zoo
Updated 25 Sep 2026
+3 more in this building
Breach Candy
Shankar Sagar
3 BHK1,063 sq ftFully Furnished
₹3 Laca month
Sophia College Lane
Updated 25 Sep 2026
Byculla
Peninsula Salsette 27
2 BHK780 sq ft (approx.)Semi-Furnished
₹1.55 Laca month
Near Nirmal Park, Jijamata Udyaan
Updated 24 Sep 2026
+1 more in this building
Mahalaxmi
Aurum Heights
3 BHK1,250 sq ftSemi-Furnished
₹2.1 Laca month
Maulana Azad Rd, Dagdi Chowl
Updated 24 Sep 2026
Peddar Road
Sukh Shanti
2 BHK1,200 sq ftFully Furnished
₹2.5 Laca month
Near Jaslok Hospital
Updated 23 Sep 2026
Mumbai Central
Nathani Heights
3 BHK900 sq ftUnfurnishedMiddle floor
₹1.6 Laca month
Lamington Road, Marzban Parsi Colony, Dalal Estate
Updated 23 Sep 2026
Peddar Road
Rijhumal Mansion
2 BHK900 sq ftSemi-Furnished
₹3 Laca month
15-B, Pedder Rd, IT Colony, Cumballa Hill
Updated 23 Sep 2026
Mahalaxmi
Piramal Mahalaxmi Central Tower
2 BHK800 sq ftFully FurnishedHigher floor
₹2.35 Laca month
Near Jacob Circle
Updated 23 Sep 2026
+1 more in this building
Walkeshwar
Poornanand
2 BHK1,237 sq ftFully Furnished
₹2.25 Laca month
Malabar Hill
Updated 23 Sep 2026
Breach Candy
Ocean Crest
2 BHK1,180 sq ftFully Furnished
₹2.75 Laca month
Bhulabhai Desai Marg, Kemps Corner, Malabar Hill
Updated 23 Sep 2026
Mahalaxmi
Lokhandwala Minerva
3 BHK2,000 sq ftUnfurnishedHigher floor
₹2.99 Laca month
N M Joshi Marg
Updated 22 Sep 2026
+1 more in this building
Tardeo
Silver Arch
3 BHK1,000 sq ftSemi-Furnished
₹2.1 Laca month
510 Sant Veer Meghmaya Rd
Updated 21 Sep 2026
Nepeansea Road
Sagar Kunj
2 BHK800 sq ftFully Furnished
₹1.8 Laca month
Navshakti Nagar
Updated 21 Sep 2026
+1 more in this building
Breach Candy
Akash Ganga
2 BHK1,060 sq ftSemi-FurnishedHigher floor
₹2.75 Laca month
Warden Road
Updated 21 Sep 2026
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Questions
Frequently asked questions
What does ₹3 lakh a month rent in South Mumbai?
At ₹1.5–3 lakh a month we have 44 buildings to choose from in South Mumbai today. The deepest choice is in Mahalaxmi (7 buildings, mostly 2 BHK), Breach Candy (6 buildings, mostly 2 BHK) and Byculla (6 buildings, mostly 3 BHK).
Where does ₹3 lakh go furthest in South Mumbai?
In Peddar Road a home at this budget is typically about 1,200 sq ft; in Mahalaxmi it is about 820 sq ft. Sizes are the median of the live homes at ₹1.5–3 lakh.
Which buildings are best for a ₹3 lakh budget in South Mumbai?
Measured by rent per square foot over at least 5 live homes, the most premium buildings with homes in this budget include Nishat (Walkeshwar), Sagar Kunj (Nepeansea Road), Sukh Shanti (Peddar Road) and Shankar mahal (Breach Candy).
REM Private Leasing Desk
Tell us your budget, we do the searching
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.
