REM Private Leasing Desk · Budget guide

What ₹5 lakh a month rents in South Mumbai

Every luxury home we list at ₹2.5–5 lakh a month in South Mumbai — the top half of a ₹5 lakh budget — locality by locality, with the most premium buildings the budget reaches.

40buildings to choose from at ₹2.5–5 lakh, listed in the last 30 days
6localities 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 40 buildings with homes at ₹2.5–5 lakh a month in South Mumbai, listed in the last 30 days. The most choice is in Breach Candy (10 buildings, mostly 3 BHK), Mahalaxmi (8 buildings, mostly 3 BHK) and Tardeo (6 buildings, mostly 4 BHK). ₹5 lakh goes furthest in Byculla, where a home at this budget is typically about 2,080 sq ft.

Along the route

What ₹5 lakh gets you, locality by locality

Buildings with homes at ₹2.5–5 lakh a month, in route order. Sizes are the typical and the larger end of what is live today.

Also a building or two in Colaba (1), Walkeshwar (1), Nepeansea Road (3), Altamount Road (1).

How we measure: live residential homes with photos, at ₹2.5–5 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

₹5 lakh a month in other areas

Available now

Every building in South Mumbai at ₹2.5–5 lakh

Showing 1–24 of 40 buildings
Last updated 26 Sep 2026

One home per building, the newest. Tap “more in this building” to see the rest.

Bedrooms
3 BHK Prabhu Kunj in Peddar Road
Peddar Road

Prabhu Kunj

3 BHK1,450 sq ftSemi-Furnished
₹3 Laca month
Malviya Nagar, Cumballa Hill
Updated 26 Sep 2026
2 BHK Sukh Shanti in Peddar Road
Peddar Road

Sukh Shanti

2 BHK1,200 sq ftFully Furnished
₹2.5 Laca month
Near Jaslok Hospital
Updated 23 Sep 2026
2 BHK Rijhumal Mansion in Peddar Road
Peddar Road

Rijhumal Mansion

2 BHK900 sq ftSemi-Furnished
₹3 Laca month
15-B, Pedder Rd, IT Colony, Cumballa Hill
Updated 23 Sep 2026
2 BHK Ocean Crest in Breach Candy
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
3 BHK Venus in Cuffe Parade
Cuffe Parade

Venus

3 BHK1,342 sq ftSemi-Furnished
₹3.5 Laca month
Captain Prakash Pethe Marg
Updated 23 Sep 2026
2 BHK Gitanjali in Colaba
Colaba

Gitanjali

2 BHK1,100 sq ftFully Furnished
₹2.75 Laca month
Bhaskarrao Kargutkar Rd, Apollo Bandar
Updated 21 Sep 2026
2 BHK Akash Ganga in Breach Candy
Breach Candy

Akash Ganga

2 BHK1,060 sq ftSemi-FurnishedHigher floor
₹2.75 Laca month
Warden Road
Updated 21 Sep 2026
2 BHK Ashutosh in Nepeansea Road
Nepeansea Road

Ashutosh

2 BHK1,225 sq ftFully Furnished
₹2.75 Laca month
Simla Nagar
Updated 21 Sep 2026

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Questions

Frequently asked questions

What does ₹5 lakh a month rent in South Mumbai?

At ₹2.5–5 lakh a month we have 40 buildings to choose from in South Mumbai today. The deepest choice is in Breach Candy (10 buildings, mostly 3 BHK), Mahalaxmi (8 buildings, mostly 3 BHK) and Tardeo (6 buildings, mostly 4 BHK).

Where does ₹5 lakh go furthest in South Mumbai?

In Byculla a home at this budget is typically about 2,080 sq ft; in Breach Candy it is about 1,180 sq ft. Sizes are the median of the live homes at ₹2.5–5 lakh.

Which buildings are best for a ₹5 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 Satnam Apartment (Cuffe Parade), Sukh Shanti (Peddar Road), Shankar mahal (Breach Candy) and Imperial Towers (Tardeo).

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