15 active 3 BHK rentals in Colaba from ₹75,000 to ₹1.5 lakh/month. This is one of South Mumbai's most compelling rental propositions: a 3 BHK in Colaba at ₹1 lakh/month competes favourably in carpet and lifestyle against 2 BHKs in Bandra West at the same price — with the added weight of India's most recognisable residential address.
Colaba 3 BHK Rental Snapshot — May 2026
- Active rentals: 15
- Monthly rent: ₹75,000 – ₹1.5 lakh
- Median rent: ~₹1 lakh/month
- Carpet: 1,200–2,500 sqft (typical stock)
- Buildings: Bela Court, Ferena, Owners Court, Veena Tower
- Best for: Families, diplomatic staff, NRI extended stays
Colaba 3 BHK Rental vs. Other South Mumbai Options
At ₹1 lakh/month for a 3 BHK in Colaba, you're competing against ₹1.2–1.5 lakh for a similar-carpet 3 BHK in Cuffe Parade, and ₹85,000–₹1.2 lakh for Malabar Hill. Colaba's slight discount over Cuffe Parade reflects building age rather than neighbourhood inferiority. For families who want the Colaba lifestyle — coastal air, walkable neighbourhood, proximity to historic sites — the rental value here is exceptional.
| Monthly Rent | Building | Carpet |
|---|---|---|
| ₹1.2–1.5 lakh | Veena Tower, premium mid-rise | 1,800–2,500 sqft |
| ₹85K–1.2 lakh | Bela Court, Ferena, Owners Court | 1,400–1,800 sqft |
| ₹75K–85K | Older CHS, compact, lower floors | 1,200–1,400 sqft |
Frequently Asked Questions
What is the rent for a 3 BHK in Colaba in 2026?
Property Butler tracks 15 active 3 BHK rentals in Colaba from ₹75,000 to ₹1.5 lakh per month. Median is approximately ₹1 lakh/month for 1,400–1,800 sqft. Veena Tower and premium mid-rises are at the upper end.
Related Reading
2 BHK Rentals in Colaba — ₹73K–₹1.5L/Month 3 BHK Rentals in Cuffe Parade — For Comparison Colaba Complete Property Guide 2026Looking for a 3 BHK Rental in Colaba?
Search Colaba 3 BHK Rentals