Property price in Bandra is highest in Mumbai region
Bandra-Khar is known as the costliest real estate belt in Mumbai region. The property price in this area has increased rapidly despite a market slowdown.
Properties in Carter Road, Bandstand and Pali Hill are increasing noticeably and are now in the same range of properties at Cuffe Parade and Malabar Hill.
Recently, a luxurious apartment in Pali Hill has sold close to Rs 40 crore each by a builder.
The cost of an apartment with a carpet area of 1140 sq ft on Pali Hill is about Rs 7 crore. The average rate at those locations are Rs 25,000 per sq ft.
The price for old 1BHK apartments in Bandra are being quoted at Rs 1.5 crore.
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Real estate in Mumbai suffers from high price low sale
Source : Economic Times
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Bandra is a wonderful place and the property prices are touching the sky.