Worli added three new listings to Property Butler's inventory today, and the standout number is the spread between them. Lodha Allura prices a 2 BHK at ₹6.75 crore — ₹61,758 per square foot on 1,093 sqft carpet, sitting ₹7,192 below the Worli market baseline of ₹68,950 PSF. In the same postcode, a newly listed ultra-luxury tower prices a 4 BHK at ₹37.25 crore (₹1.40 lakh per square foot) and a duplex at ₹73.86 crore (₹1.70 lakh per square foot). That is a 2.3-times spread between the low and high ask within a single postcode on a single day. The Worli average PSF of ₹68,950 sits between the two tiers and tells a buyer almost nothing. Buying in Worli is not one decision — it is at minimum three: which developer, which project tier, and which floor.
TODAY’S SOUTH MUMBAI SNAPSHOT — 21 MAY 2026
Property Butler active inventory additions · 10 new listings across 4 SoBo localities
10
new SoBo listings added today · Worli, Prabhadevi, Lower Parel, Bandra West
₹61,758
lowest Worli PSF today · Lodha Allura 2 BHK · ₹6.75 Cr
₹1.70L
highest Worli PSF today · luxury tower duplex · ₹73.86 Cr · 2.3× spread
₹68,950
Worli avg PSF baseline · +37.9% over five years · SoBo’s strongest appreciation
₹66,650
Prabhadevi avg PSF · Suraj Aureva lists at ₹56,787–₹58,333 — 14% below
₹76,555
Palmera PSF in Bandra West · 21% above the locality’s ₹63,250 baseline
What Hit the Market Today
Ten listings across four South Mumbai localities were added to Property Butler's active inventory on 21 May 2026. The concentration of today’s additions tells its own story: Prabhadevi led by count with four listings in a single project; Worli led by ticket size with a ₹73.86 crore duplex topping the board.
| Project / Building | Locality | Config | Carpet | Asking | PSF |
|---|---|---|---|---|---|
| Lodha Allura | Worli | 2 BHK | 1,093 sqft | ₹6.75 Cr | ₹61,758 |
| Ultra-Luxury Tower | Worli | 4 BHK | 2,661 sqft | ₹37.25 Cr | ₹1,39,985 |
| Ultra-Luxury Tower (Duplex) | Worli | Duplex | 4,345 sqft | ₹73.86 Cr | ₹1,69,988 |
| Ison Heights | Lower Parel | 2 BHK | 1,035 sqft | ₹4 Cr+ | ₹38,647+ |
| Suraj Aureva | Prabhadevi | 2 BHK | 803 sqft | ₹4.56 Cr+ | ₹56,787+ |
| Suraj Aureva | Prabhadevi | 2 BHK | 778 sqft | ₹4.42 Cr+ | ₹56,812+ |
| Suraj Aureva | Prabhadevi | 1 BHK | 450 sqft | ₹2.62 Cr | ₹58,222 |
| Suraj Aureva | Prabhadevi | 1 BHK | 444 sqft | ₹2.59 Cr+ | ₹58,333+ |
| Palmera | Bandra West | 4 BHK | 2,090 sqft | ₹16 Cr | ₹76,555 |
| Palmera | Bandra West | 6 BHK | 4,180 sqft | ₹32 Cr | ₹76,555 |
Three data points stand out. First, Suraj Aureva’s four-listing block in Prabhadevi is priced entirely below the locality’s ₹66,650 avg PSF — a 14% discount to the market mean, making it one of the sharpest entry-level positions in Prabhadevi’s tracked active inventory. Second, Palmera in Bandra West prices at a uniform ₹76,555 PSF across both its 4 BHK and 6 BHK units — a 21% premium over Bandra West’s ₹63,250 baseline. Third, Ison Heights in Lower Parel at ₹38,647+ PSF is ₹13,403 below the locality’s ₹52,050 average — the deepest discount to the local mean of any listing added today.
Locality Movers: Worli, Prabhadevi, Lower Parel
₹68,950
avg PSF · +37.9% over 5 years · SoBo’s strongest appreciation track
Today’s range: ₹61,758 (Lodha Allura 2 BHK) to ₹1.70 lakh PSF (luxury tower duplex). Active tracked projects include Sugee Marina Bay (₹43.83–₹48.7 Cr), Birla Niyaara Phase 2 (₹34.73–₹47.6 Cr), and Godrej Trilogy (₹16.74–₹24.62 Cr). The 2-BHK band runs ₹4.09–₹6.59 Cr across the locality; 4-BHK stretches ₹11.25–₹32.17 Cr.
₹66,650
avg PSF · +30.4% over 5 years · shares the Worli sea-facing corridor
Suraj Aureva prices at ₹56,787–₹58,333 PSF — 14% below the locality average. On a 1 BHK, that’s a ₹37–₹42 lakh discount to the median; on a 2 BHK, ₹55–₹75 lakh. For buyers priced out of Worli’s ₹68,950 PSF median, Prabhadevi at a project-level 14% discount is the corridor’s tightest entry today.
₹52,050
avg PSF · +17% over 5 years · SoBo’s deepest sub-₹55K volume market
Ison Heights adds a 2 BHK at ₹4 crore — ₹38,647+ PSF — tracking ₹13,400 below the locality average. Lower Parel’s five-year appreciation (+17%) trails Worli (+37.9%) and Prabhadevi (+30.4%), but on a ₹4 crore entry it offers the widest Worli-corridor upside gap if SoBo appreciation continues to compress north-south.
What We Are Watching
Lodha’s ₹364.80 crore Parel-Sewree joint development. Lodha Group’s joint development agreement with Sahana Group in the Parel-Sewree corridor represents one of the larger redevelopment commitments in central South Mumbai this year. The Parel belt — adjacent to Lower Parel and Mahalaxmi — has seen consistent PSF appreciation as older mill land transitions to residential. Lodha’s presence in this corridor extends from their well-tracked Lodha Bellevue project in Mahalaxmi — where buyers have consistently cited delivery quality and possession predictability as deciding factors — to a new JDA pipeline that signals sustained pricing power in the central SoBo land bank. Watch delivery timelines in this corridor through 2027–2028 as the pipeline matures.
RBI holds repo at 5.25% — the effective buying window. The Reserve Bank’s decision to hold at 5.25%, following four cuts totalling 125 basis points in 2025, continues to support EMI predictability for home loan borrowers. On a ₹4 crore loan — relevant to today’s Ison Heights and Suraj Aureva entry points — the monthly outgo at current EBLR-linked rates runs approximately ₹3.2–₹3.5 lakh per month. Rate stability, rather than further cuts, is now the base case. For South Mumbai’s ₹4–₹8 crore buyer segment, the window at current rates is live now.
From the Inventory
Suraj Aureva, Prabhadevi — 1 BHK from ₹2.59 Cr, ₹58,222 PSF. Four active listings at Suraj Aureva today make it the single most represented project in Property Butler’s 21 May additions. At ₹2.59–₹4.56 crore across 1 BHK and 2 BHK configurations, Aureva is 14% below Prabhadevi’s ₹66,650 PSF baseline. For a buyer at the ₹2.6–₹4.6 crore range who wants a Prabhadevi address at a discount to the locality mean, Aureva is the clearest option in today’s active inventory. View Suraj Aureva listings →
Worli luxury tier — 4 BHK from ₹37.25 Cr, ₹1.40 lakh PSF. Today’s ultra-luxury Worli addition joins a corridor where Prestige Nautilus has tracked at ₹2.82–₹87.74 crore and Birla Niyaara Phase 2 at ₹34.73–₹47.6 crore. At ₹37.25 crore for 2,661 sqft, the entry PSF of ₹1.40 lakh runs 2.03 times the Worli average — consistent with ultra-luxury product targeting HNI and NRI buyers for whom the Worli address is the floor, not the ceiling. Search Worli luxury →
Search Today’s Worli & Prabhadevi Listings
Property Butler tracks active South Mumbai inventory across all price tiers — from Suraj Aureva 1 BHK at ₹2.59 Cr in Prabhadevi to ultra-luxury Worli at ₹73.86 Cr. Use AI search to filter by locality, budget, and configuration.
Search Worli →Search Prabhadevi →Friday’s Pulse tracks Bandra West, where today’s Palmera listings at ₹76,555 PSF signal the premium tier in a locality that averages ₹63,250 PSF — and where the gap between entry-level and ultra-luxury product runs wider than any other tracked SoBo corridor outside Worli.