Avg. Rate
₹ 37,177/sq. ft
Locality Rating
7.8/10
Prabhadevi, a prestigious residential locality in South Mumbai, lies between Dadar to the north and Worli to the south, bordered by the Mahim Bay on its western edge. Historically named after the 300-year-old Prabhavati Temple, the area has evolved into a sought-after enclave known for its serene environment and modern high-rise apartments. Despite its compact size, Prabhadevi offers a refined urban lifestyle with a blend of spiritual heritage and contemporary living, attracting professionals and affluent families alike. The locality is defined by its proximity to the iconic Siddhivinayak Temple, one of Mumbai’s most revered religious sites, which draws thousands of devotees and celebrities daily, especially on Tuesdays. While Prabhadevi does not have a direct local train station, it is seamlessly connected via an extensive network of BEST buses and major road arteries like Dr. E. Moses Road and the nearby Bandra-Worli Sea Link. This strategic location ensures quick access to business districts like Nariman Point and commercial hubs in Central and Western suburbs. Real estate in Prabhadevi is premium, with an average 2BHK apartment priced at ₹2.4 crore and per square foot rates averaging ₹46,459. The area features 24 residential projects, primarily luxury towers catering to high-net-worth individuals seeking privacy and exclusivity. With top-tier schools, hospitals, and shopping centers within close reach, Prabhadevi combines tranquility with urban convenience, making it a coveted address in South Mumbai’s real estate landscape.
Region
South Mumbai
City
Mumbai
District
Mumbai
State
Maharashtra
Pincode
400025
Population
45,000
Schools
5
Nearest Airport
Chhatrapati Shivaji Maharaj International Airport (BOM)
Prabhadevi offers a peaceful residential environment with modern amenities and proximity to essential facilities.
The presence of the Siddhivinayak Temple adds to the cultural richness and spiritual aura of the neighbourhood.
Being centrally located between Dadar and Worli, Prabhadevi enjoys convenient access to major hubs and amenities in Mumbai.
Absence of quick connectivity to local train station.
Normalized to 100 · Oct 2020 baseline
Timeline
Property Listing Trends
(12%)
RERA Inventory & Sales Velocity
(13%)
IGR Transaction Data
(15%)
Rental Yield
(10%)
Pollution & Environment
(08%)
Infrastructure & Connectivity
(13%)
Social Infrastructure
(08%)
Crimes & Safety
(08%)
Political Stability
(06%)
Corruption & ease of doing business
(07%)
Timeline
Average Rate
₹ 37,177/sq. ft
Average Price Range
₹ 19,050 – 72,450
Trend (5Y)
▲ 57.9%
Rates and Trends
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The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in


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