PRICES PREVAILING
SOUTH MUMBAI
WESTERN SUBURBS
CENTRAL SUBURBS
NAVI MUMBAI

SOUTH MUMBAI

PRICES PREVAILING AS PRICES PREVAILING
Rate per sq. ft. in Rupees 
ON 1ST JAN.1994  ON 1ST JUNE 1998
Locality  Residential  Commercial  Residential  Commercial
Colaba 6000-100000  6500-1100 7000-9000  8000-1200
Cuffe Parade  7000-12000 7000-14000 8000-10000 9000-12000
Nariman Point 8000-15000 9000-16000  ----------  13500-15000
Churchgate  6000-9000 7000-13000 10000-12000  8000-11000
New Marine Lines  4500-7000 9000-10500 9000-12000  8000-11000
Flora Fountain  4000-7000 8000-13000 4000-7000  6000-9000
Ballard Estate  4000-6000  5000-9000  5000-7000 7000-10000
Kalbadevi  4000-6000 5500-8500 3000-8000 4000-8000
Girgaum  4000-6000 6500-9500 3000-5000  5000-8000
Marine Drive  6000-9000 8500-11500 10000-12000 10000-13000
Opera House  6000-8000 10000-15000  6000-8000  10000-15000
Malabar Hill 8000-12000 8000-12000 9000-12000 12000-15000
Walkeshwar  8000-15000  8000-12000 8000-10000  10000-15000
Nepean Sea Road 8000-15000  8000-12000 10000-15000  12000-15000
Warden Road  8000-15000 8000-12000 9000-12000 9000-12000
Pedder Road  8000-15000 8000-12000 8000-10000 10000-12000
Worli 5000-10000 8000-10000 8000-12000 8000-15000
Prabhadevi  4000-7000 5000-8000 6000-8000 6000-10000
Parel (New Dev)  3000-5000 4000-9000 4000-7000 5000-9000
Dadar  3000-5000  4000-9000  4000-7000  5000-10000
Mahim  3000-5000  3000-5500  3000-4500  4000-6000

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WESTERN RAILWAY SURBURBS
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PRICES PREVAILING AS PRICES PREVAILING
Rate per sq. ft. 

ON 1ST JAN.1994 ON 1ST JUNE 1998 
Locality  Residential Commercial Residential Commercial
Bandra(East) 2500-4000 7000-10000 2000-3500 4000-7000
Bandra (West)  7000-8000  7000-10000 2500-5000 4000-8000
Khar (East) 2000-4000  4000-6000 2500-3500  4500-6000
Khar (West)  4000-8000 7000-10000 3500-6000 5000-10000
Santacruz (E)  3000-6000 6000-7000 3000-4500  5000-7000
Santacruz (W) 4000-6000 6000-9000 3000-7000 5000-9500
Juhu 4000-6000 5000-8000 3500-6000 6000-8000
Vile Parle (E) 3000-5000  4000-6000 3000-4000 5000-8000
Vile Parle (W) 4000-600 4000-6000 3000-6000 6000-10000
Andheri (E) 1500-2000 3000-5000  2500-4000  3000-6000
Andheri (W) 2500-4000  3000-5000 2500-3500  4000-8000
Jogeshwari  1000-2000  1500-2500 2000-2300 3500-6000
Goregaon  1000-2000  1500-2500  2000-3000 4000-6000
Malad  1000-2000 1500-2500  1600-2200 3000-5000
Kandivali (E) 1000-2000 1500-2500 1600-1900 3500-5000
Kandivali (W) 1000-2000 1500-2500 1800-2200 3500-7000
Borivali (E) 1000-2000 1500-2500 1500-3000 4000-7000
Borivali (W) 1000-2000 1500-2500 2000-3500 4000-8000
Dahisar 900-1800  1200-1500 1200-2000 3000-4000
Mira Road  450-700 1200-1500 600-850  1200-2500
Bhayander 400-800 1200-1500 450-850  1000-2000
Vasai Road 350-600 1200-1500 600-850 1200-3000
Nalasopara 300-450 1200-1500 550-700 1000-2000
Virar  300-450 1200-1500 450-700 1000-2500

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CENTRAL RAILWAY SUBURBS
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PRICES PREVAILING AS PRICES PREVAILING
Rate per sq. ft. 

ON 1ST JAN.1994  ON 1ST JUNE 1998 
Locality  Residential  Commercial Residential  Commercial
Wadala 3000-4000 2500-5000 3000-4000 4000-6000
King Circle 3000-5000 2500-5000 3000-5000 4000-7000
Sion  3000-5000 2000-4000  3000-4000 4000-6000
Kurla 1000-1500 1000-1500 2000-3000  4000-6000
Chembur 1500-2500 2000-3000  2200-5000  3000-4000
Ghatkopar  2000-3500  2000-5100 2200-3500  3500-8000
Vikhroli  800-1200 1000-1500 1800-2200 3000-5000
Bhandup 800-1200 1000-1500 1800-2200 3000-4000
Mulund 1500-2500 2000-3000 1800-2500 3500-5500
Thane 550-850 1500-2000 1800-2200 3000-5000
Mumbra  325-375 600-850 650-800 1000-2500
Dombivali  350-500 800-1200 700-1500 1000-2500
Kalyan 400-850  1000-3500 650-1000 1800-3000
Ambernath 400-600 1000-1500 500-800  1000-2000
Titwala  350-400 800-1100 550-700 1000-1800
Asangaon 325-400 600-800 450-700  900-2000

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NEW BOMBAY
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PRICES PREVAILING AS PRICES PREVAILING
Rate per sq. ft. 

ON 1ST JAN.1994 ON 1ST JUNE 1998
Locality  Residential Commercial Residential Commercial
Vashi 900-1850  2000-4250 1500-2500 3500-6000
Nerul 550-750 1000-2000 800-1500 2500-4000
Konkan Bhavan  525-750 1000-2500 1200-2000 3000-5000
Koparkhairane 450-550 900-1200 800-1300  2500-3500
Arioli 375-525 1000-1500 750-1200 2000-3500
Kalamboli 425-500 1000-1200 1000-1500  2000-3500
Panvel  400-700 1000-2500 700-1000 2500-3500

    Non-Resident Indians play important role in increasing the foreign exchange reserve of the country. They have recently done remarkable job when the nation was passing through a economic crisis. They have remitted substantial amount under immunity and exemption scheme announced by the Government.


    In case, one need further guidance please contact the Secretary, Flat Owners Association, at the address given below:

(MAHABALESHWAR MORJE)
Gen. Secretary.

23, Hamam Street, 3rd Floor , Above Quality Machine Tools , Fort , Mumbai - 400 023
Tel : +91-22-22650284/22657291 , Fax: +91-22-22657291
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