Mumbai
Chembur has established itself as a premium residential destination in Mumbai, characterized by consistent price appreciation and a robust inventory of ready-to-move and under-construction projects. The market shows a healthy demand for diverse housing types, supported by a rental ecosystem that offers competitive yields for investors. With significant transaction volume and high-value projects, the locality demonstrates strong resilience and consistent growth across its various sub-markets. Property developers continue to drive activity through both new launches and established residential complexes.
The average asking price in Chembur is ₹34,300 per sq ft as of September 2026. This figure represents an appreciation of 3.44% compared to the previous period, signaling sustained demand for residential real estate in this locality.
Property prices in Chembur have shown a positive trajectory, moving from ₹33,700 per sq ft in December 2025 to ₹33,150 per sq ft in March 2026, and reaching ₹34,300 per sq ft by June 2026. This upward movement reflects consistent market confidence and steady interest from both homebuyers and investors in the area.
As of September 2026, the average asking price in Chembur stands at ₹34,300 per sq ft, while the Government Registration Rate is ₹21,550 per sq ft. This difference is a key metric for buyers to consider, as the registration rate serves as a benchmark for stamp duty and registration fee calculations, which may differ from the actual market-driven asking prices.
The rental yield in Chembur is 3.60% as of September 2026. A yield at this level suggests a balanced income potential for property owners, making it a relevant factor for investors who are evaluating the locality based on the relationship between capital appreciation and recurring rental income.
Rental rates in Chembur vary significantly by size: Studio apartments average ₹29,350 per month, 1 BHK units average ₹49,850 per month, 2 BHK units average ₹74,250 per month, 3 BHK units average ₹1.13 Lakh per month, 4 BHK units average ₹1.57 Lakh per month, and 5 BHK units average ₹1.65 Lakh per month as of September 2026. This range provides options for various tenant profiles, from single professionals to large families.
As of September 2026, premium rental projects in Chembur include Karwa Eastern Court at ₹144 per sq ft, Bholenath Residency at ₹142 per sq ft, and both Shree Krishna Om Niwas and Savitha Apartment at ₹140 per sq ft. These projects command higher premiums due to their specific amenities and location advantages within the locality.
Property prices in Chembur vary by development phase: Ready To Move units average ₹28,750 per sq ft (appreciating 2.18%), while Under Construction projects average ₹30,600 per sq ft (appreciating 8.99%) as of September 2026. New Launch projects are priced at ₹32,250 per sq ft, reflecting a 10.96% appreciation, which indicates that buyers are willing to pay a premium for newer inventory.
Rental rates vary across the region, with Chembur Colony and Bhakti Park both commanding ₹150 per sq ft as of September 2026. In contrast, areas like Collectors Colony, Borla, Suman Nagar, Antop Hill, and Sion maintain a rental rate of ₹100 per sq ft, highlighting that specific pockets within or near Chembur offer distinct price points for tenants.
As of September 2026, Godrej Sky Terraces leads with a listing rate of ₹62,650 per sq ft, having appreciated by 46.64% over the observed period. Other high-value projects include Shree Krishna Anupama at ₹49,450 per sq ft (42.23% appreciation) and Heritage Shree Venkateswara CHS at ₹47,500 per sq ft (35.72% appreciation), reflecting strong demand for premium living spaces.
As of September 2026, apartments in Chembur average ₹34,300 per sq ft, showing a 3.44% appreciation, while villas average ₹34,100 per sq ft with a 2.81% appreciation. Office spaces are priced at ₹34,250 per sq ft, though they have seen a depreciation of 4.69% from the previous period, suggesting that residential segments currently show more stable growth compared to the office space market.
Sheth Enterprises leads developer activity in Chembur with 3 recorded transactions, followed by Arihant Group Of Companies with 2 transactions. Other active developers include V3 Partners, Oswal Realty, Akshay Sthapatya Pvt Ltd, and Concrete Builders, each with 1 transaction, indicating a diverse developer landscape in the locality.
Users can utilize this data to compare current asking prices against historical trends, assess rental yields for investment potential, and evaluate price differences between ready-to-move and under-construction projects. By analyzing the specific appreciation or depreciation percentages provided for September 2026, buyers and investors can make more informed decisions based on recent market performance rather than speculative assumptions.
