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 25–40 of 40 buildings
Last updated 21 Sep 2026

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

Bedrooms
4 BHK Makani Manor in Peddar Road
Peddar Road

Makani Manor

4 BHK1,900 sq ftFully Furnished
₹4.5 Laca month
Opp. Jaslok Hospital
Updated 21 Sep 2026
3 BHK Olympus in Altamount Road
Altamount Road

Olympus

3 BHK2,000 sq ftSemi-Furnished
₹5 Laca month
Gowalia Tank
Updated 21 Sep 2026
3 BHK Shankar mahal in Breach Candy
Breach Candy

Shankar mahal

3 BHK1,000 sq ftFully Furnished
₹2.8 Laca month
Sophia College Lane, Cumballa Hill
Updated 18 Sep 2026
3 BHK Aditya Heights in Tardeo
Tardeo

Aditya Heights

3 BHK1,200 sq ftSemifurnished
₹2.5 Laca month
Sant Veer Meghmaya Rd,Dadal Estate, Bane Compound
Updated 2 Sep 2026
2 BHK Shyam Niwas in Breach Candy
Breach Candy

Shyam Niwas

2 BHK1,450 sq ftFully Furnished
₹3.25 Laca month
Bhulabhai Desai Marg, Cumballa Hill
Updated 29 Aug 2026
2 BHK Palacimo in Breach Candy
Breach Candy

Palacimo

2 BHK1,150 sq ftFurnished / Semi Furnis…
₹3.5 Laca month
Bhulabhai Desai Road
Updated 28 Aug 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).

REM Private Leasing Desk

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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.

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