First-party market evidence

Mumbai Office Rental Market Report

Active asking rents across 1659 commercial offices, using availability-gated inventory. Data through 07 October 2026.

1,659Active priced listings
₹250,000Median monthly asking rent
973Updated in 30 days

Locality asking-rent benchmarks

Median is the middle asking rent. P25–P75 shows the central half of observed listings and is less distorted by unusually low or high properties than a simple average.

LocalitySampleP25MedianP75Data through
Andheri West612₹110,000₹165,000₹320,00007 Oct 2026
Andheri East204₹165,000₹270,000₹500,00007 Oct 2026
Lower Parel176₹190,250₹450,000₹922,50007 Oct 2026
Bandra Kurla Complex121₹650,000₹1,250,000₹1,600,00007 Oct 2026
Bandra West67₹177,500₹300,000₹600,00007 Oct 2026
Nariman Point66₹250,000₹250,000₹350,00007 Oct 2026
Thane West66₹70,000₹107,500₹250,00007 Oct 2026
Santacruz West54₹230,000₹230,000₹831,75007 Oct 2026
Khar West30₹152,750₹175,000₹217,50007 Oct 2026
Powai28₹115,000₹212,500₹417,50005 Oct 2026
Goregaon East28₹117,500₹400,000₹1,117,50006 Oct 2026
Worli18₹205,000₹517,500₹650,00002 Oct 2026
Malad West16₹123,750₹175,000₹375,00022 Sep 2026
Mahalaxmi16₹350,000₹419,000₹1,029,75007 Oct 2026
Dadar West14₹451,150₹647,325₹647,83103 Sep 2026
Vashi14₹75,000₹145,000₹494,50005 Oct 2026
Bandra East12₹591,250₹1,190,350₹1,297,75030 Sep 2026
Borivali West10₹91,250₹110,000₹143,75005 Oct 2026

Methodology and limitations

  • Source: current `rss_master_active` inventory marked available for lease.
  • Observation window: the active listing view uses its canonical rolling freshness gate; this report is a current stock snapshot, not completed transaction data.
  • Prices are landlord/agent asking rents, not registered agreement rents.
  • Only positive rents are included; locality rows require at least 10 observations.
  • Duplicate, malformed and unavailable records are excluded by the active view, but differences in furnishing, floor, building grade, parking and area can materially affect rent.
  • Reviewed by Sandeep Sadh, Founder, Real Estate Mumbai. Recheck the live listing before making a decision.

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