Page Contents
- Present Bangalore vs Mumbai City Property Price Growth Trends
- Which One Has The Best Connectivity Between Bangalore Vs Mumbai City
- What Are The Key Differences Between Bangalore Vs Mumbai City
- Which One Should I Choose Between Bangalore Vs Mumbai City
- Which Are The Best Projects For Me To Buy In Bangalore Vs Mumbai City
- FAQ’s
Present Bangalore vs Mumbai City Property Price Growth Trends
Price Trends In Mumbai
During H1 of 2024, Mumbai noticed a YOY rise in property price by 3% for the properties that were completed and a 5 % YOY increase in developments under construction.
The micromarkets of Western suburbs and central Mumbai noticed a considerable rise of 12-21% YOY in property price on a few under construction properties that were launched at prices that were higher than the existing market average value. Whereas nearing completion properties experienced a 10-15% property price appreciation.
The luxury segment witnessed a significant traction in demand in the real estate market. The professionals in the financial services industry and legal domain preferred larger spaces in bungalows and prime residencies. Developers are currently focusing on constructing large spaced apartments and penthouses to cater to the buyer demand for larger homes in Central Mumbai, South Mumbai and prime Western suburbs locations like Bandra, Khar, Juhu and Santacruz.
Rental Trends In Mumbai
During H1 2024, Mumbai noticed an increase of 6% YOY in average rental values. The market surged as end-users specifically considered buying larger homes in projects with premium amenities for leasing purposes.
All micromarkets witnessed a rise in rental values with an estimated range of 3-8% YOY. The increase in rental values was due to high demand for rental properties because of redevelopment of decayed buildings in the city.
Properties located within the vicinity of metro stations also witnessed a significant rise in rental values. A quick commute to major entertainment districts and business hubs is highly sought by homebuyers.
Price Trends In Bangalore
Over the year, Bengaluru’s exclusive residential market saw a 6.2% YOY growth in prices. Under construction projects saw higher price growth with an average of 7.2% YOY compared to newly completed projects with an average of 5.2% YOY increase owing to strong demand.
East Bengaluru noted the highest property price appreciation in under construction projects at 11.5% with a strong growth in recent launches. The New project launches of East Bengaluru contributed 55% to total launches in H1 2024 Over the previous year, North Bengaluru recorded similar growth in prices of approximately 6.8%.
The completed projects in central Bengaluru noted a highest growth in property price at 7.5% whereas East Bengaluru by 6.2%
Upon the accomplishment of new metro route in the Eastern region of Bengaluru and increasing demand from HNIs in the Central Bengaluru has been the important key factors for property price rise in these regions.
Rental Trends In Bangalore
In the last 2 years, the robust office market in the city led to a growing demand for rental housing. This has led to considerable growth in the rental value in Central and East Bengaluru.
Central Bengaluru’s rental market remains robust for premium housing with rents notably higher than average rents for other micromarkets.
Note:
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Which One Has The Best Connectivity Between Bangalore Vs Mumbai City
Bangalore Vs Mumbai City Road connectivity
- The robust connectivity in Mumbai includes major highways like Mumbai Pune Expressway, Western Express highway, Eastern Express highway and Eastern freeway.
- Bengaluru in terms of road connectivity includes Outer ring road, Bengaluru Mysuru expressway. Intra city roads connect major tech hubs like Marathahalli, Electronic city and Whitefield.
Best for both – Mumbai for its organised and broader road connectivity.
Our most-read article– Mumbai Vs Bangalore Cost Of Living Comparison For Bachelors And Families
Bangalore Vs Mumbai City Metro Rail Connectivity
- Mumbai’s expanding metro network includes Lines 1, 2A, 3, 7 and more in progress.
- Bangalore has second longest operational metro network in India which is Namma Metro which connects with 68 stations.
Best of both – Mumbai currently has more extensive metro network.
Bangalore Vs Mumbai City Railway Connectivity
- Mumbai suburban railway connects every niche.
- Bengaluru Suburban railway (BSRP) is in developing phase.
Best of both– Mumbai for its efficient and dense train network.
Bangalore Vs Mumbai City Airway Connectivity
- Chhatrapati Shivaji Maharaj International airport in Mumbai is India’s best connected and busiest airport. Proposed Navi Mumbai International Airport will also boost connectivity.
- Kempegowda International Airport in Bangalore is highly efficient and modern with strong international and domestic connections.
Best of both– Both Mumbai and Bangalore are better in terms of air connectivity
Our most popular article– Property Rates In Bangalore: 50 – 200% Price Growth In 5Y
What Are The Key Differences Between Bangalore Vs Mumbai City
| Features | Mumbai | Bangalore |
| Property price & rental growth | In the last 5 years, the average per sq ft price surged from ₹15,000 to ₹ 27,000.
The rental value increased by ₹32,000 to ₹50,000. |
In the last 5 years, the average per sq ft price ranged from Rs 6,000 to Rs. 50,000.
The rental value saw a rise from Rs. 30,000 to Rs. 50,000. |
| Key affordable to mid-segment locations | Eastern suburbs– Sion, Kurla,Ghatkopar, Chembur, Wadala, etc
Western suburbs-Jogeshwari, Andheri, Borivali, Goregaon Goregaon, etc Thane– Ghodbunder road, Thane, etc Navi mumbai-,Vashi, Ghansoli, Airoli,Turbhe, Koparkhairane, etc |
Central– Brunton road, Artillery road, Ali askar road, etc
East– Old airport road, Old Madras road, Whitefield, etc South– Sarjapur, Jayanagar, J P nagar, Electronic city, Outer ring road etc North– Hebbal, Bellary road, Rajajinagar, Malleshwaram, etc West– Uttarahalli main road, Magadi road, Mysore road, etc |
| Premium property locations | South– Cuffe parade, Nariman point, Churchgate, Colaba, Altamount road, etc
South central– Prabhadevi, Dadar,Worli, Matunga, etc Eastern suburbs – Wadala, Sion, Chembur, Ghatkopar, Kurla etc Western suburbs – Bandra, Santacruz, Khar,Juhu, etc |
Central -Palace cross road, Richmond road, Sankey road, Lavelle road, etc
South – Koramangala, Bannerghatta road, JP nagar, etc East – Whitefield, old airport road, etc |
| Per sq ft price of affordable to mid-segment properties | Navi Mumbai– ₹7500- ₹17,000
Thane– ₹ 9,500- ₹17,000 Western suburbs– ₹11,500- ₹31,000 Eastern suburbs-₹13,000- ₹29,000 |
West– ₹5200- ₹6,700
North– ₹6,300- ₹7,800 East– ₹6,500- ₹8,500 South-₹ 7000-₹ 9000 Central– ₹9,500- ₹15,000 |
| Per sq ft price of premium properties | South Central – ₹28,000- ₹87000
Western suburbs– ₹29,000- ₹72,000 South– ₹52,000 – ₹1,00,000 Eastern suburbs – ₹16,000- ₹71,000 |
North– ₹9,000- ₹13,500
East– ₹9,500- ₹14,000 South– ₹10,550- ₹15,000 Central– ₹18,000- ₹30,000 |
| Average rental of affordable to mid-segment locations | Navi Mumbai– ₹13,000- ₹65,000
Eastern suburbs-₹24,000- ₹91,000 Western suburbs– ₹26,000-₹ 104,000 Thane– ₹32,000- ₹450,000 |
West– ₹24,000- ₹31,000
North west– ₹28000 – ₹39,000 East– ₹35,000- ₹48,000 South east– ₹35,000- ₹52,000 Central– ₹80,000- ₹120,000 |
| Average rental of premium locations | Eastern suburbs– ₹32,000- ₹450,000
Western suburbs– ₹65,000- ₹972,000 South Central– ₹79,000- ₹620,000 South– ₹79,000- ₹710,000 |
South– ₹ 62,000- ₹125,000
North– ₹72,000- ₹210,000 East– ₹86,000- 610,000 Central– ₹155,000- ₹360,000 |
Which One Should I Choose Between Bangalore Vs Mumbai City
If You Are Looking For Better Livability
Is Bangalore safe to live in ?
Bangalore is relatively safer than most metro cities in India. People in Bangalore are generally welcoming and well-behaved. It is one of the safest cities to live in for women as well. Safest localities to live in Bangalore are Electronic city, Hosur road, Koramangala, Sarjapur road, Marathahalli, Whitefield etc.
How safe is Mumbai for families?
Mumbai is considered one of the safest cities in India due to active public spaces, cosmopolitan culture, and robust law enforcement. It offers a secure and vibrant environment with social inclusiveness and good infrastructure. Safest areas to live in Mumbai are Juhu, Worli, Goregaon, Bandra, Kandivali, Powai etc.
Our most-read article–Top 10 Residential Projects In Mumbai 2025
If Modern Lifestyle Is Your Priority
How is the way of living in Bangalore?
Bangalore is best known for its modern lifestyle, charm, weather, and its metropolitan environment. The city is known as the silicon valley of India as it is a hub for information technology companies. The city has excellent connectivity with reasonable cost of living as well.
Does Mumbai offer a better lifestyle?
Mumbai, which is known as the city of dreams is considered as the most livable city in India as it offers a selection of lifestyle benefits like robust economic opportunities, efficient transportation, rich cultural heritage, quality education and gated communities with unique lifestyle amenities.
If You Want Seamless Access To Infrastructure
Does Bangalore have a well-established infrastructure?
Bangalore has a well-established infrastructure with top educational institutes, various transportation options, multispeciality healthcare facilities and It connectivity. It includes Bangalore International School, Fortis healthcare hospital, Lotus Pavilion restaurant, PVR Cinemas in Nexus mall ,etc.
Bangalore includes major highways like Mumbai Bangalore highway, Bengaluru Mysuru expressway. Namma metro connects 68 stations. Kempegowda International airport offers seamless connectivity for domestic and international travel for frequent travellers.
Is access to Mumbai’s nearby infrastructure convenient?
The social infrastructure is a crucial part of Mumbai catering to the diverse needs of its population. Infrastructure includes services and amenities like healthcare, transportation, housing and education. Orchids the international school, Tata Memorial Hospital, Bade Miyan restaurant, Prithvi theatre etc.
Mumbai includes major highways like Mumbai Pune Express Highway, Eastern Express Highway, etc. Mumbai suburban railway connects every region within the city. Chhatrapati Shivaji Maharaj International Airport is the busiest and best-connected airport.
If You Are Looking For Investment Purposes
Is property investment in Bangalore beneficial for me in future?
Buying property in Bangalore allows you to enter in the ever-evolving market and allocate building assets instead of paying rent. It is one of the best ways to earn higher returns through property investment. Once you buy a property in Bangalore, you are likely to receive rewardable revenue.
How best is Mumbai in the perspective of property buying?
With a booming economy, a continuous influx of businesses and professionals, and robust infrastructure developments, Mumbai is a breeding ground for real estate for real estate growth. The demand for commercial and residential spaces remains constantly high fueled by the status as a financial capital of India.
Which Are The Best Projects For Me To Buy In Bangalore Vs Mumbai City
Best Projects In Mumbai
Mumbai is a home to well planned, luxurious and iconic real estate projects like-
- Kalpataru Park City
- Godrej The highlands
- Kalpataru Advay
- Raheja Solaris
- L&T Elixir Reserve
- Rustomjee Stella
- Wadhwa Primus Swarna
Best Projects In Bangalore
Bangalore has high-end and dynamic residences like-
- Godrej Yeshwanthpur
- Bhartiya City Nikoo
- Sowparnika Euphoria
- Godrej park retreat
- Prestige Sanctuary
- Brigade El Dorado
- Godrej Splendour
FAQ’s
| Which has higher real estate prices in Bangalore Vs Mumbai City?
Typically Mumbai has higher real estate prices compared to Bangalore as it is a financial capital of India with growing demand in real estate in premium areas like Bandra, South Mumbai and Worli. |
| Which has better rental yields in Bangalore Vs Mumbai City?
Generally, Bangalore offers high rental yields when compared to Mumbai. This is due to high demand for rental homes and lower property prices catering to professionals from tech and IT industries. |
| What are the growth prospects of real estate in Mumbai?
Increasing demand for residential projects, an expanding commercial hub and continued infrastructure development makes Mumbai’s real estate market stronger. |
| What are the growth prospects of real estate in Bangalore?
Bangalore is experiencing strong growth trajectory in terms of real estate driven by inflex of professionals and improving infrastructure. |
| Which offers better infrastructure in Mumbai City Vs Bangalore?
Mumbai has more advanced infrastructure in terms of connectivity, transportation and over all planning. Bangalore is rapidly catching up. |
