Bandra Property Rates Highlights: ₹57,980 In The West & ₹42,040 In The East Per Sq. Ft Flat Price, ₹50,000 to ₹70,000 Average Monthly Rent & Presence Of Grade A Developers.
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Bandra Property Rates & Real Estate: Summary
Bandra is a well-known suburb located in the Mumbai city. It is among the most desirable locations to live due to its closeness to the Arabian Sea & many Bollywood actors reside here. And this is one of the reasons for the staggering growth of real estate in Bandra.
Both Bandra West & East have taken the attention of the Grade A developers of India like Rustomjee Group, Raheja Universal, Kalpataru Limited, The Wadhwa Group, Raymond Realty, etc.
Bandra is divided into two zones – East & West. Real estate in both zones varies a lot, be it rent, property rates or its YoY price growth. ₹42,040 is the current per sq. ft Bandra property rates in the East. Whereas, ₹57,980 is the latest per sq. ft Bandra flat price in the West.
Compared to both, buying flats in Bandra East will be the best for you because last year’s per sq. ft price in East was around ₹53,500 & recently it dropped bringing affordable options to you.
The rent for the properties here is also very high, this factor attracts investors across the city.
Read ahead to know more in detail about the latest real estate scenario, Bandra flat prices & flats in Bandra for sale.
Bandra Flat Price: Locality Wise
Explore below the factors leading to real estate & flat prices of Bandra West & East in detail.
Bandra West
Being a luxurious locality, Bandra West tends to upscale your living with the super nearby comfort & smooth statewide access. Due to this, the real estate market here is booming rapidly year over year.
The prime developers established in Bandra West are – Rustomjee Group, Raheja Universal, Kalpataru Limited, Lokhandwala Construction, Transcon Developers, K Raheja Realty, The Wadhwa Group, S Raheja Realty, etc.
The best of social ease & modern lifestyle were the key reasons for giant builders to build their residential project in Bandra West. Some of the prime examples are – Duruelo Convent High School, Dr Pattnaik’s Hospital, Barbeque Nation, Bandra Market, Neelkanth Business Park, Bandra Railway Station, Bandra Worli Sea Link Flyover, etc.
The latest per sq. ft West Zone Bandra property rates are around ₹57,980. And the monthly rent here is also high which brings investors a major advantage.
Bandra East
Bandra East stands as a premium location for both homebuyers & investors due to the best of all lifestyle offerings here. From conveniences to connectivity, every aspect is meant to be fulfilled here.
The prominent developers serving flats in Bandra East are Adani Realty, Rustomjee Group, Kalpataru Limited, Raymond Realty, Shapoorji Pallonji, Hubtown, Sethia Infrastructure, Paranjape Schemes Construction, etc.
These developers have made their presence in Bandra East due to the completely established social infrastructures & connectivity. Some of the options close by are – New English High School, Guru Nanak Hospital, Domino’s, Palladium, BKC, Pinnacle Business Park, Santacruz railway station, Western Express Highway, Khar metro station, etc.
The latest per sq. ft East zone Bandra property rates are ₹42,040. And considering the last year’s price drop, this flat rate is affordable for homebuyers right now & will grow higher in future.
Note:
Homebazaar serves homebuyers searching for flats in Bandra with end-to-end services like site visits, and lower-interest home loans to property registration guidance. We provide the best price options & offers for 1 to 4 BHK RERA-registered properties in Bandra. To begin a smooth homebuying journey with us, fill out the form mentioned below or on the right side.
Growth Of Bandra Flats Price & Present Rent Range
As Bandra is sectioned into two, we will explore the last 5 years of property price growth & rental of both east & West in detail.
Bandra West
In 2020, the per sq. ft price of Bandra Flats in West Zone was around ₹52,000. Later in 2021, the price was around ₹53,000, ₹53,500 in 2022 & the price jumped to ₹54,700 in 2023.
Currently, Bandra Flats Price in the West zone is around ₹57,980/sq. ft. So, in the last 5 years, the flats in Bandra West have grown by approximately 10%.
Whereas, the rental for Bandra Flats in West is as:
- Affordable Flats Rent: Less than ₹54,000 per month
- Mid-Range Flats Rent: ₹54,000 To ₹69,500 per month
- Exclusive Flats Rent: Higher than ₹69,500
Bandra East
In 2020, the per sq. ft price of Bandra Flats in East Zone was around ₹41,000. Next year, the prices reached to ₹44,500, ₹39,000 in 2022 & ₹53,500 in 2023.
Currently, Bandra flat prices in the East zone have reached to ₹42,040/sq. ft. The prices here have dropped now, bringing the new homebuyers an opportunity to live in a sought-after location in Mumbai.
Whereas, the rental for Bandra Flats in East is as:
- Affordable Flats Rent: Less than ₹50,000 per month
- Mid-Range Flats Rent: ₹50,000 To ₹70,000 per month
- Exclusive Flats Rent: Higher than ₹70,000
2 BHK Flats In Bandra For Sale
Individuals searching for 2 BHK flats in Bandra to buy prefer the below-listed project the most. Out of the rest, the best-curated flats in Bandra for sale are brought to you.
Check out the pages, get complete information about the property & book a free site just by sitting at your home.
3 BHK Flats In Bandra For Sale
Currently, the most popular Bandra apartments for sale are presented by top developers like Raymond Realty, Rustomjee Group, Shapoorji Pallonji, etc.
Homebuyers searching for 3 BHK flats in Bandra have booked the house in the below-listed projects. It’s now your time to check out the pages, go through the property details & book a site visit online within a minute.
4 BHK Flats In Bandra For Sale
Rustomjee Group, Prestige Group, Hubtown, etc have gained popularity among homebuyers looking for grand homes.
The 4 BHK flats in Bandra presented by these developers have stood high compared to others. To save you time, we have listed below the top 3 properties with the complete information like amenities, carpet area, price, connectivity, etc.
FAQs
| What is the latest per sq. ft flat price in Bandra West?
₹57,980 is the latest per sq. ft Bandra flat price in the West. |
| What is the latest per sq. ft flat price in Bandra East?
₹42,040 is the latest per sq. ft Bandra flat price in the East. |
| Suggest the best 2 BHK flats in Bandra for sale.
Ashar The Legend & Rustomjee Erika are the top 2 limited-time 2 BHK flats in Bandra for sale. |
| Suggest the best 3 BHK flats in Bandra for sale.
Raymond Bandra, Shapoorji BKC 9, Rustomjee Stella, Paranjape Athena, etc are the most bought 3 BHK Bandra apartments for sale currently. |
| Suggest the best 4 BHK flats in Bandra for sale.
Rustomjee The Panorama, Prestige Daffodils, Hubtown 25 West, etc properties are gaining the most attention from the 4 BHK Bandra flats searching homebuyers. |
