New Launch - India Real Estate Report 2026.

Worli

Avg. Rate

₹ 59,943/sq. ft

Locality Rating

8.2/10

Worli, a prestigious neighborhood in South Mumbai, stands as a symbol of urban luxury and historical significance. Once one of the Seven Islands of Bombay, Worli has evolved from a coastal village into a high-end residential and commercial hub, seamlessly connected to the city's core. Its transformation is marked by the iconic Bandra-Worli Sea Link, which not only enhances connectivity but also defines the skyline with its sweeping cable-stayed design. The area boasts some of Mumbai's most exclusive real estate, with ultra-luxurious high-rises like Lodha World One, Trump Towers, and The World Tower offering panoramic sea views and world-class amenities. With an average 2BHK price of ₹3.77 crore and a per-square-foot rate of ₹46,601, Worli ranks among the most expensive residential markets in India, attracting affluent buyers and investors. Worli enjoys strategic connectivity via road, rail, and upcoming metro infrastructure, making it accessible to business districts like Lower Parel, Nariman Point, and Bandra Kurla Complex. It is surrounded by cultural and recreational landmarks including Haji Ali Dargah, Nehru Planetarium, and Worli Fort, while institutions like DY Patil International School and Podar Hospital ensure quality lifestyle infrastructure for residents.

Region

South Mumbai

City

Mumbai

District

Mumbai

State

Maharashtra

Pincode

400018

Population

37,500

Schools

Nearest Airport

Chhatrapati Shivaji Maharaj International Airport (BOM)

Neighbourhood Insights by

The Good

Situated in central Mumbai, Worli offers proximity to major commercial hubs, educational institutions, healthcare facilities, and tourist attractions, ensuring a convenient and luxurious lifestyle for its residents.

With upscale properties, premium amenities, and a beautiful waterfront setting, Worli provides an exclusive and sophisticated residential experience.

The neighborhood's strategic location and well-developed transport network ensure seamless connectivity to other parts of Mumbai, including the airport, railway stations, and upcoming metro lines.

Worli is a key employment hub in South Mumbai, housing several multi-tenanted office buildings and corporate parks like Peninsula Corporate Park and One Indiabulls Centre, offering ample job opportunities to residents.

The Bad

Worli comes at a premium price, making it one of the most expensive residential areas in Mumbai, potentially limiting access to some demographics.

Nehru PlanetariumNear Worli, South Mumbai, South Zone, Mumbai

Aurum Price Index for Worli

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

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%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

₹ 59,943/sq. ft

Average Price Range

₹ 30,750 – 1,16,800

Trend (5Y)

▲ 57.9%

Nearby Neighborhoods

Lower Parel

Lower Parel, located in South Mumbai with PIN code 400013, is a dynamic blend of residential, commercial, and industrial activity. Once an industrial heartland during Mumbai’s textile era, it has transformed into a premium urban hub known for high-rise developments, corporate offices, and upscale living. Its strategic position between Naigaon, Worli, Sewri, and Chinchpokli makes it a central node in the city’s economic and social fabric. The area has undergone rapid gentrification, attracting young professionals and investors alike. Connectivity in Lower Parel is exceptional, with the Western and Central Railway lines just a 5-minute walk away, and the Monorail station at nearby Chinchpokli offering seamless access to the city’s transit network. Proximity to the Eastern Express Highway and the Bandra-Worli Sea Link ensures swift commutes to key business districts like Nariman Point, Bandra Kurla Complex (BKC), and Colaba. This robust infrastructure supports both daily commuters and intercity travelers. The real estate market in Lower Parel is premium, with an average 2BHK property priced at approximately Rs. 3.1 crore and average price per sq. ft. at Rs. 54,867. Among the 27 active projects in the area, developments like Peninsula Corporate Park, One Indiabulls Centre, and Urmi Estate exemplify modern, sea-facing skyscrapers with upscale amenities. The presence of luxury malls such as High Street Phoenix and Palladium Mall enhances lifestyle appeal, making it a sought-after destination for both living and investment.

Avg. Rate

₹ 35,185/sq. ft

Locality Rating

8.5/10

Explore Neighbourhood

Prabhadevi

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.

Avg. Rate

₹ 37,177/sq. ft

Locality Rating

7.8/10

Explore Neighbourhood

Parel

Parel, located in South Mumbai’s prime South Zone, is a dynamic locality that seamlessly blends industrial heritage with modern urban living. Once home to bustling textile mills, Parel has transformed into a sought-after residential and commercial hub, offering a mix of redeveloped mill land projects and established neighborhoods. Its strategic position near the Eastern Express Highway ensures smooth access to key business districts like Lower Parel, Worli, and South Mumbai, while proximity to major transit points enhances its appeal for professionals and families alike. The area is renowned for cultural landmarks such as the iconic Lalbaugcha Raja Ganpati temple, one of Mumbai’s most visited Ganesh idols during the Ganesh Chaturthi festival, drawing devotees and tourists annually. Former mill sites have been redeveloped into high-rise residential towers and mixed-use complexes, contributing to Parel’s evolving skyline. With 47 active real estate projects and an average 2BHK price of ₹2.36 crore, Parel caters to mid-to-high-end buyers seeking premium homes in a well-connected locale. Residents benefit from a robust infrastructure of schools, hospitals, shopping centers, and dining options within close reach. Connectivity is further strengthened by nearby railway stations and upcoming metro lines, making daily commutes efficient. Despite rising property prices — averaging ₹38,491 per sq ft — Parel remains a top choice for those prioritizing location, safety, and lifestyle amenities in central South Mumbai.

Avg. Rate

₹ 24,633/sq. ft

Locality Rating

8.5/10

Explore Neighbourhood

Mahalaxmi

Mahalakshmi, located in South Mumbai’s prime 400011 zone, is a distinguished residential enclave celebrated for its harmonious blend of heritage, luxury living, and modern infrastructure. Bordered by the Arabian Sea to the west and flanked by Lower Parel and Prabhadevi, this upscale locality offers a rare combination of seaside elegance and urban convenience. The area features a mix of high-end apartments like Piramal Mahalakshmi and Lodha Bellissimo, along with heritage bungalows, catering to affluent homebuyers and investors alike. Strategically positioned on the Western Railway line, Mahalakshmi enjoys seamless connectivity to Mumbai’s major business districts such as Nariman Point, Bandra Kurla Complex, and Andheri. Its proximity to key transport arteries like the Eastern Express Highway, NM Joshi Marg, and the Mumbai Monorail enhances accessibility across the city. This robust connectivity makes it a preferred choice for professionals and families seeking a central yet serene location. The locality boasts world-class amenities, including premium healthcare at Jaslok Hospital and Wockhardt Hospital, elite education at Podar International School, and upscale retail therapy at High Street Phoenix and Atria Mall. Cultural and recreational landmarks such as the Mahalakshmi Racecourse, Mahalakshmi Temple, and NSCI Dome further enrich the lifestyle. With an average 2BHK price of ₹4.46 crore and a per sq. ft. rate of ₹61,198, Mahalakshmi stands as one of South Mumbai’s most coveted real estate markets.

Avg. Rate

₹ 30,891/sq. ft

Locality Rating

6.7/10

Explore Neighbourhood

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Frequently Asked Questions

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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Worli

Neighbourhood Insights by

The Good

The Bad

Aurum Price Index for Worli

Aurum Price Index is based on 10 parameters:

Rates and Trends

Nearby Neighborhoods

Lower Parel

Prabhadevi

Parel

Mahalaxmi

Real Estate Toolkit

Frequently Asked Questions

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