Real Estate COVID-19 impact: Mumbai rental prices fall by up to 25% Updated : June 04, 2020 07:27 PM IST A 3 BHK apartment at a prime location in Mumbai’s Bandra West that was never rented below Rs 90,000 per month is now available for Rs 65,000 to Rs 70,000. A broker says he has never seen prices drop so sharply in a span of just two months in 15 years of his career. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.