Mumbai, March 13 (IANS). One of Mumbai’s most expensive real estate hub, Worli’s property market saw a strong increase in transactions and prices in the last two years. This information was given in a report released on Thursday.
According to EnaRock reports, in the last two years, the region has been deals with an ultra-taljari homes worth Rs 4,862 crore, which reflects the growing demand of the region among HNI (high net worth individuals) and investors.
Property prices have increased by 30 percent between 2022 and 2024 in Worli’s real estate market.
The average price per square foot in this area has now reached Rs 75,000. The price band of luxury houses in Worli is between Rs 6 crore to Rs 12 crore, which is more than half of the available inventory.
The demand for ultra-taljari houses continues to increase and in the last two years, 30 houses worth more than Rs 40 crore have been recorded.
In 2024, there were 10 transactions for houses worth more than Rs 100 crore in the region. In 2023 this figure was 4.
The growing attraction of Worli is its major location and a strong connectivity with the Bandra-Kurla Complex (BKC), Lower Parel and Nariman Point.
Major infrastructure projects like Bandra-Worli Sea Link, Mumbai Coastal Road and upcoming Metro Line-3 are further enhancing the sector, making this area even more attractive to investors and home buyers.
Worli’s commercial real estate market is also growing rapidly, with 2.98 million square feet new office space added between 2025 and 2026.
The report said that the fare in this area ranges from Rs 170 to Rs 280 per square feet per month.
-IANS
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