51 active 2 BHK rentals in Colaba — the single deepest rental supply pool in deep South Mumbai at this configuration. Monthly rents range from ₹73,000 to ₹1.5 lakh, with the bulk of well-maintained mid-rise stock at ₹80,000–₹1.2 lakh/month. Colaba's 2 BHK rental market is the most liquidity-rich in the neighbourhood, attracting a mix of young professionals, diplomatic corps staff, media personalities, and NRI families on extended visits.
Colaba 2 BHK Rental Snapshot — May 2026
- Active rentals: 51 (deepest supply in deep South Mumbai)
- Monthly rent: ₹73,000 – ₹1.5 lakh
- Mainstream quality range: ₹80,000 – ₹1.2 lakh
- Carpet: 700–1,200 sqft
- Buildings: Sangam Bhavan, Gitanjali Apartment, Pushpa Vihar, Sind Chember
- Tenant profile: Professionals, media, diplomatic staff, NRI extended stays
Rent Tiers in Colaba
| Monthly Rent | Building Character | Carpet |
|---|---|---|
| ₹1–1.5 lakh | Mid-rise, renovated, maintained society, street-facing | 900–1,200 sqft |
| ₹80K–1 lakh | Well-located CHS, clean, mid-floor | 700–950 sqft |
| ₹73K–80K | Older building, lower floor, compact | 550–700 sqft |
Colaba's Unique Rental Positioning
Colaba rentals are positioned below Cuffe Parade and Malabar Hill in monthly cost, but above most comparable areas in address cachet. The neighbourhood's walkability — you don't need a car for daily life — is a genuine draw for tenants who value that. The social infrastructure (cafés, restaurants, galleries, the Causeway market) makes it feel more like a European neighbourhood than any other part of Mumbai. For renters who spend their weekends outside, Colaba delivers an outsized lifestyle experience per rupee of rent.
Frequently Asked Questions
What is the rent for a 2 BHK in Colaba in 2026?
Property Butler tracks 51 active 2 BHK rentals in Colaba from ₹73,000 to ₹1.5 lakh/month. The mainstream range for quality stock is ₹80,000–₹1.2 lakh/month for 700–1,200 sqft.
How does Colaba compare to Cuffe Parade for renting a 2 BHK?
Colaba 2 BHK rents (₹80K–₹1.2L/month) are 15–25% below comparable Cuffe Parade units. Colaba has more character and walkability; Cuffe Parade has newer buildings and better maintenance infrastructure. For renters who commute to South Mumbai offices, either works — choice comes down to lifestyle preference.
Related Reading
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