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Studio flats for sale in Central Mumbai, Mumbai
Showing 1 Properties
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Marathon Neopark
Studios, Apartments in Lake Road, Bhandup, Mumbai, ( Near Neptune Magnet Mall )
Bhandup, Central Mumbai
Studio
173 Sq.ft
₹ 26 L
TOP AMENITIES
- Club house
- Conference Room
- Jogging Track
- Sports Courts
- Kids Play Area
- Swimming Pool
- Yoga Zone
- Fitness Corner
- Gym
- Library
- Reflexology
- Intercom
- Internet / WiFi
- Lift
- Gas Pipeline
- Power Back Up
- Water Harvest
- Parking
- Security System
Marathon Neopark is a luxurious residential project located in Bhandup West, one of Mumbai s prime areas. Offers excellent connectivity via Bhandup railway station, LBS Marg, and Eastern Express Highway.
Show More23 Storey in 6.5 Acres
23 Storey in 6.5 Acres
Last updated : 08-Jun-2026
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Last updated: 08-Jun-2026
About Properties In Central Mumbai, Mumbai for Sale
Introduction to Central Mumbai
- Central Mumbai is the fastest-changing and the best residential-cum-commercial heart of the Mumbai Metropolitan Region (MMR).
- This region is geographically located between South Mumbai (the island city) and Western/Eastern suburbs.
- It covers the major micro-markets of Worli, Prabhadevi, Lower Parel, Byculla, Dadar, Matunga, Mahim, Wadala, Sion, Kurla, Ghatkopar, Vikhroli, Kanjurmarg, Bhandup, Mulund and Powai
- This region has ultra-luxury skyscrapers, luxury gated community townships, and high-rise apartments.
- Central Mumbai is the most preferred destination among corporate CXOs, HNIs, and working professionals due to its business landscape.
- This region is renowned for its vintage charm and contemporary opulence, which includes world-class sea decks, upscale dining spots and iconic cultural spots such as Siddhivinayak Temple.
- The prominent lifestyle spots in Central Mumbai are High Street Phoenix & Palladium Mall, Worli Sea Face, Shivaji Park and the Mahalaxmi Racecourse.
- Central Mumbai offers one of the most multi-level security, gated security and elite living lifestyles.
Central Mumbai’s Real Estate Overview
- Central Mumbai’s real estate market has maintained an aggressive upward trajectory, experiencing an estimated 35% to 45% capital value growth over the past 5 years.
- Worli, Lower Parel, and Prabhadevi heavily dominate the ultra-luxury ticket sizes and premium property price growth in the region.
- Approximately 7% to 9% capital appreciation was achieved in Central Mumbai properties over the past year. The properties in Central Mumbai recorded a YOY capital appreciation of 7% - 9% over the last year.
- Demand for ultra-luxury residential spaces, bigger formats and sea-view penthouses rose 25% as land was extremely tight and the HNI focus was extremely high.
- The micro-market is a very desirable mix of premium corporate office and upscale residential demand.
- The most popular layouts are 2 BHK, 3 BHK and spacious 4 BHK apartments.
- Central Mumbai is known for its breathtaking views of the Arabian Sea, the Eastern Waterfront and its close proximity to Mumbai Coastal Road and Bandra-Worli Sea Link.
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Top Residential Localities in Central Mumbai
- At the end of the price spectrum, properties in Worli, Prabhadevi and Lower Parel have access to the Mumbai Coastal Road and are easily connected to South Mumbai.
- Dadar, Matunga and Mahim have established mid to high-end family homes with a solid cultural heritage and excellent school infrastructure.
- The fast-growing gateways for the high-growth residential investments are Wadala, Sewri and Sion, which have been taking advantage of the Eastern Waterfront developments.
- Rental yields and long-term capital appreciation remain world-class in areas around Lower Parel, Worli and Wadala.
Best Localities in Central Mumbai For Property Investment
- Lower Parel & Worli: Hot spots with huge investment possibilities near the corporate hub and Bandra-Worli Sea Link.
- Wadala & Sewri: The area has emerged as a favourite investment destination because of its connectivity with the eastern freeway and the Atal Setu Sa Bridge.
- Dadar & Prabhadevi: Well-connected hubs with the benefit of high end residential redevelopment project by Grade A developers.
Top Localities in Central Mumbai For Premium Rental Properties
- The top high-demand rental pockets for corporate professionals are Lower Parel, Worli, Dadar, and Wadala.
- The average rental values across these dominant Central Mumbai pockets vary as follows:
| Localities | Rental Values (Approx. Monthly) |
| Wadala / Sion | ₹65,000 - ₹1,20,000 |
| Dadar / Matunga | ₹80,000 - ₹1,60,000 |
| Lower Parel | ₹1,10,000 - ₹2,50,000 |
| Prabhadevi | ₹1,30,000 - ₹2,80,000 |
| Worli | ₹1,50,000 - ₹4,000,000+ |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Property Price Trends in Central Mumbai
- Over the last few years, the real estate prices in Central Mumbai have risen to unprecedented levels, largely due to various transformations in ultra-luxury high-rise projects.
- The price of the under-construction properties in Central Mumbai ranges from 6.0% to 8.5% YOY.
- The ready-to-move luxury properties in Central Mumbai have seen a maximum price rise of 9.0% to 12.0% YOY.
- The price range of the properties in Central Mumbai fluctuates from ₹30,000 per sq. ft. to ₹65,000+ per sq. ft.
Property price trends for top landmark locations in Central Mumbai are as follows:
| Localities | Current Avg Market Price |
| Wadala | ₹36,000 / sq. ft. |
| Dadar West | ₹45,000 / sq. ft. |
| Lower Parel | ₹52,000 / sq. ft. |
| Worli | ₹68,000 / sq. ft. |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Central Mumbai Property Price Comparison
The following are the well-known localities and micro-markets within Central Mumbai and their average market prices:
| Localities | Prices (Average Market Value) |
| Sion | ₹26,500 / sq. ft. |
| Sewri | ₹31,000 / sq. ft. |
| Chinchpokli | ₹33,500 / sq. ft. |
| Parel | ₹35,000 / sq. ft. |
| Wadala East & West | ₹36,200 / sq. ft. |
| Matunga East | ₹38,000 / sq. ft. |
| Byculla | ₹41,500 / sq. ft. |
| Dadar East | ₹42,000 / sq. ft. |
| Mahim | ₹43,500 / sq. ft. |
| Lalbaug | ₹44,000 / sq. ft. |
| Dadar West | ₹45,000 / sq. ft. |
| Matunga West | ₹46,000 / sq. ft. |
| Elphinstone Road | ₹47,000 / sq. ft. |
| Lower Parel | ₹52,000 / sq. ft. |
| Prabhadevi | ₹58,000 / sq. ft. |
| Worli Sea Face / Prime | ₹68,000 to ₹85,000+ / sq. ft. |
(Data Source: This analysis is based on internal proprietary data and comprehensive market research)
Connectivity Advantage of Central Mumbai
- Central Mumbai has the strongest multimodal, high-frequency and seamless transit network in the Mumbai Metropolitan Area.
- The Mumbai Coastal Road from Worli seafront to Marine Lines cuts down travel time by 30 minutes.
- The Bandra-Worli Sea Link links Central Mumbai to Bandra in minutes and connects to the Western suburbs.
- The underground metro network (Aqua Line) has been designed with the important central transit stations, such as Worli, Siddhivinayak, and Dadar, directly linking commuters to BKC and SEEPZ.
- Eastern Freeway & Atal Setu (MTHL): It is a freeway to link the eastern side of Central Mumbai/Sewri-Wadala with the upcoming International Airport and the Mumbai-Pune Expressway at Navi Mumbai.
- Western Express Highway (WEH) via Bandra and the central Sion-Panvel/Eastern Express Highway (EEH) funnel traffic through the arterial roads in all directions seamlessly.
- The area of Central Mumbai is unique in having nodes that are the intersections of the Central Line (Parel/Dadar), the Western Line (Dadar/Elphinstone), and the Harbour Line (Wadala).
Social Infrastructure Facilities in Central Mumbai
- The social infrastructure in Central Mumbai has rich regions of institutions, top-tier private hospitals, luxurious hotels, and high-end living areas.
- Educational Institutions include the legendary Podar International School, SIES High School (Matunga), Don Bosco (Matunga), Sophia College and Welingkar Institute of Management.
- Multi-speciality healthcare institutions in Central Mumbai, consisting of KEM Hospital, Hinduja Hospital (Mahim), Lilavati Hospital, Global Hospital (Parel) and Wadia Children's Hospital.
- Focus on high-value business micro-markets such as One Lodha Place, Peninsula Corporate Park, Kamala Mills, Naman Centre and extensive commercial developments in Lower Parel.
- Grand Luxury Mall, High Street Phoenix & Palladium and the Mahalaxmi Racecourse, National Sports Club of India (NSCI Worli) cover the recreational & premium retail Zones.
- The area is flooded with monumental signs of the city, such as Shree Siddhivinayak Temple (Prabhadevi), Shivaji Park and the historic Worli Fort.
Future Development & Opportunities
- The redevelopment of BDD chawl in these micro-markets of Worli, with a combined landmass of over 90 acres, will have a transformative impact on the real estate market.
- The planned commercial and recreational renovation of the old cotton mill and port trust lands along Sewri and Wadala will follow the fashion of the western seafront.
- The multi-kilometre green seaside promenade along the reclaimed Coastal Road land, will have a great impact on the lifestyle and high-end valuation in Worli and Prabhadevi.
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