First-party market evidence
Mumbai Office Rental Market Report
Active asking rents across 1038 commercial offices, using availability-gated inventory. Data through 24 October 2026.
1,038Active priced listings
₹259,325Median monthly asking rent
818Updated 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.
| Locality | Sample | P25 | Median | P75 | Data through |
|---|---|---|---|---|---|
| Andheri West | 350 | ₹110,000 | ₹162,500 | ₹300,000 | 23 Oct 2026 |
| Lower Parel | 158 | ₹183,000 | ₹450,000 | ₹872,375 | 23 Oct 2026 |
| Andheri East | 136 | ₹207,500 | ₹277,500 | ₹596,250 | 23 Oct 2026 |
| Bandra Kurla Complex | 117 | ₹730,000 | ₹1,250,000 | ₹1,650,000 | 23 Oct 2026 |
| Nariman Point | 74 | ₹250,000 | ₹250,000 | ₹350,000 | 23 Oct 2026 |
| Thane West | 33 | ₹86,710 | ₹200,000 | ₹425,000 | 22 Oct 2026 |
| Bandra West | 25 | ₹180,000 | ₹275,000 | ₹300,000 | 24 Oct 2026 |
| Goregaon East | 23 | ₹155,000 | ₹400,000 | ₹1,245,000 | 23 Oct 2026 |
| Khar West | 18 | ₹161,250 | ₹215,000 | ₹247,500 | 23 Oct 2026 |
| Powai | 17 | ₹115,000 | ₹190,000 | ₹400,000 | 23 Oct 2026 |
| Bandra East | 11 | ₹892,000 | ₹1,197,000 | ₹1,364,838 | 22 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.
