Kurla Property Prices Rise 34% in 2025: LBS Marg Update

Kurla apartment rates have risen 34 percent since January 2025, reaching an average of ₹15,800 per square foot this month and matching the percentage climb seen across the same neighbourhoods during the 2021 boom cycle.

The parallel matters because several stalled redevelopment projects from 2021 have now secured fresh approvals, while new metro connectivity has reopened buyer interest that faded after the earlier peak.

Local Hotspots Showing Parallel Activity

Developers active along LBS Marg and inside Nehru Nagar report steady bookings for projects that cleared RERA in the past six months. The area near Kurla railway station has seen two new towers launched by local builders, while the CST Road stretch bordering Phoenix Marketcity has recorded 180 unit registrations since April, numbers that line up with the volume spike recorded in the same pockets in 2021.

Registry data from the Sub-Registrar Office at Kurla shows 1,240 residential transactions between January and June this year, compared with 920 deals logged in the first half of 2021. Average prices on LBS Marg stood at ₹11,200 per square foot in mid-2021; the current figure of ₹15,800 per square foot reflects a similar annualised growth rate once adjusted for the shorter time span.

Next Steps for Buyers and Sellers

Prospective buyers should verify project completion timelines on the state RERA portal before committing, especially for schemes near the upcoming Metro Line 3 stations. Sellers listing older stock on MG Road or in Nehru Nagar can expect quicker closures if they price within 5 percent of recent registered deals, as demand remains concentrated on ready-to-move units.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.