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Frequently Asked Questions — Properties in MumbaiEverything you need to know about buying property in Mumbai
What is the average property price in Mumbai?
Property prices in Mumbai vary widely by zone. South Mumbai (Worli, Lower Parel, Bandra) ranges from Rs 25,000–60,000+ per sq ft. Western Suburbs (Andheri, Goregaon, Borivali) range from Rs 15,000–30,000 per sq ft. Thane and Navi Mumbai offer Rs 8,000–18,000 per sq ft, making them the most affordable options.
Which areas in Mumbai are best for property investment?
Best areas for property investment in Mumbai include Thane (strong infrastructure growth), Navi Mumbai (Kharghar, Panvel, Ulwe near the new airport), Borivali and Kandivali (Metro connectivity), and Mulund (upcoming projects at competitive prices). For premium investment, Worli, Bandra, and Lower Parel remain strong long-term bets.
How does RERA protect homebuyers in Maharashtra?
MahaRERA (Maharashtra RERA) mandates builders to register projects, maintain escrow accounts for 70% of buyer funds, disclose possession dates, and face penalties for delays. Buyers can file complaints at maharerait.maharashtra.gov.in. Every project on Housystan that requires MahaRERA registration displays its RERA ID.
