Archive · 5 Dec 2025
Mumbai Luxury Homes Match New York Prices
Mumbai's luxury homes are now as expensive as those in New York's Lower Manhattan.
In the Worli area of Mumbai, apartments cost up to 100,000 rupees per square foot, which is the same as prices in New York.
This shows that more wealthy people in India are investing in local properties, making places like Worli very expensive.
Worli has many high-end apartments and is seeing a lot of construction and land deals.
Over the last three years, there have been more than 20 deals for apartments costing over 100 crore rupees.
This is a big change and shows how Mumbai's real estate market is growing.
Premium apartments in Mumbai's Worli area cost up to 100,000 rupees per square foot, matching prices in New York's Lower Manhattan.
Worli is home to 40% of India's 'ultra-luxury apartment' market valued at over 40 crore rupees.
Over 20 residential deals priced above 100 crore rupees have been completed in Worli in the last three years.
The district has 40-50 lakh square feet of premium residential and retail space under construction, worth at least 19,000 crore rupees.
Land deals worth 7,600 crore rupees have closed in and around Worli since 2023, bringing in estimated revenues of 36,000 crore rupees.
- Who
- Indian real estate consultant Anarock Group and wealth management firm 360 One Wealth
- What
- Prices of premium apartments in Mumbai's Worli area
- When
- Last three years
- Where
- Worli, Mumbai
- Why
- Rapid rise of wealth and property prices in Mumbai
- Location
- Worli, Mumbai
- Price per square foot
- 100,000 rupees ($1,109)
- Market Value
- 40 crore rupees
- Residential Deals
- 20+ deals above 100 crore rupees in last 3 years
- Under Construction
- 40-50 lakh square feet of premium residential and retail space
- Estimated Revenue
- 36,000 crore rupees
- Land Deals
- 7,600 crore rupees since 2023
