Mumbai Real Estate Market Outlook: Q2 2025

Mumbai Real Estate Market Outlook: Q2 2025

1 April 2025
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Mumbai's real estate market has shown remarkable resilience in 2025.

Key Highlights

  • Residential sales up 18% YoY in Q1 2025
  • Luxury segment above Rs 5Cr grew 35% YoY
  • New supply increased by 22% driven by Thane and Navi Mumbai

Price Trends

Worli/Lower Parel: Rs 35,000-80,000 per sq ft (up 12% YoY)

Andheri West: Rs 22,000-35,000 per sq ft (up 8% YoY)

Thane West: Rs 10,000-18,000 per sq ft (up 14% YoY)

Ghodbunder Road: Rs 8,000-14,000 per sq ft (up 16% YoY)

Outlook - With stable RBI rates and metro infrastructure progress, we expect 10-15% appreciation across Mumbai MMR for 2025.

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Expert real estate insights from Thane's trusted property advisors.