Chembur has an average asking price of ₹34,300 per sq ft for residential apartments. The market has shown consistent growth, with property rates climbing steadily over the past few quarters. Investors are finding value in this well-connected Mumbai suburb, supported by a healthy rental yield of 3.60%. With a diverse range of ready-to-move and under-construction projects, the area remains a prime destination for both homebuyers and those seeking long-term capital appreciation.
Insights for Chembur, Mumbai Real Estate Market Overview
The Chembur real estate market has maintained a positive growth trajectory, with average apartment prices reaching ₹34,300 per sq ft. Recent registration activity shows a robust volume of 878 transactions, totaling a gross value of ₹1,206 Cr, reflecting strong buyer confidence and steady demand across the locality. Rental demand remains active, with an average rental rate of ₹103 per sq ft and a yield of 3.60%, driven by a mix of studio to 5 BHK configurations. Developers like Sheth Enterprises and Arihant Group Of Companies continue to shape the skyline with significant projects that cater to varying lifestyle needs.
Apartment prices have seen a quarterly increase, rising from ₹32,300 per sq ft in September 2025 to ₹34,300 per sq ft by June 2026.
Under-construction projects offer a competitive entry point at ₹30,600 per sq ft, showing a notable growth of 8.99%.
Rental rates for studio units average ₹29,350 per month, while premium 5 BHK apartments command up to ₹1.65 Lakh per month.
Chembur Colony and Bhakti Park lead the rental market, both recording average rental rates of ₹150 per sq ft.
The luxury segment is highlighted by Godrej Sky Terraces, which is currently priced at ₹62,650 per sq ft.
Market Strengths
Consistent quarterly price appreciation for residential apartments reaching ₹34,300 per sq ft.
Strong demand for new launch projects with a 10.96% growth in pricing.
High volume of ready-to-move projects providing 970 units for immediate occupancy.
Significant rental growth in Chembur Colony with a 28.87% increase.
Diverse rental inventory ranging from studio apartments to 5 BHK units.
Robust government registration activity with 878 transactions recorded.
Market Challenges
Mid-stage construction projects have seen a price decline of -20.95%, indicating potential risks in specific development timelines.
Well-occupied property segments have experienced a price adjustment of -9.14%.
Office space prices for sale have recorded a decrease of -4.69%, reflecting a competitive commercial market.
Rental rates in Antop Hill and Sion have seen minor declines, suggesting localized pressure on rental growth.
Investment Opportunities
Rental yield of 3.60% provides a stable return for residential investors in the area.
New launch projects at ₹32,250 per sq ft offer significant potential for capital appreciation.
Studio apartments at ₹29,350 per month serve as an accessible entry point for rental income generation.
Under-construction projects at ₹30,600 per sq ft allow investors to benefit from the 8.99% price growth trend.
Office space rentals at ₹150 per sq ft highlight a growing commercial demand in the locality.
Price Trend
Chembur, Mumbai Property Price Trends and Appreciation
Chembur has experienced a consistent upward trend in property values over the last four quarters. Rates moved from ₹32,300 per sq ft in September 2025 to ₹34,300 per sq ft by June 2026. This steady appreciation highlights the sustained demand and the evolving profile of the locality.
Chembur features a diverse landscape of residential pockets, each offering distinct price points. Sion East commands a premium at ₹52,150 per sq ft for commercial office spaces, while residential areas like Govandi East and Deonar both average ₹42,450 per sq ft. Bhakti Park remains a popular choice for buyers, with rates hovering around ₹38,400 per sq ft. In contrast, locations like Kurla East and Govandi provide more accessible options, ranging between ₹24,250 and ₹26,000 per sq ft respectively.
Chembur's real estate market caters to diverse buyer preferences across property categories. Residential apartments lead the market, priced at ₹34,300 per sq ft with a 3.44% growth, while villas are closely priced at ₹34,100 per sq ft. Office spaces are available at ₹34,250 per sq ft, reflecting a competitive segment for commercial investments in the area.
Premium residential developments in Chembur are commanding significant asking prices, reflecting their luxury positioning and prime amenities. Godrej Sky Terraces leads the segment at ₹62,650 per sq ft, followed by Shree Krishna Anupama at ₹49,450 per sq ft. Other prominent projects like Heritage Shree Venkateswara CHS and Kukreja Geetanjali are also priced in the premium bracket, showcasing the high-value nature of the local real estate market.
Top projects like Karwa Eastern Court and Bholenath Residency command rental rates of ₹144 and ₹142 per sq ft, respectively. These projects maintain a premium position in the local rental market, reflecting their desirability and prime location within Chembur.
The development landscape in Chembur is driven by established builders who lead in transaction volume. Sheth Enterprises is the most active developer, followed by Arihant Group Of Companies and V3 Partners. These developers consistently attract buyers, reinforcing their reputation and market standing in the region.
Government Registrations
Government Registration in Chembur, Mumbai
Official registration data records 878 transactions in Chembur with a gross value of ₹1,206 Cr. Sheth Enterprises leads the developer landscape by transaction volume, followed by Arihant Group Of Companies and V3 Partners. This active transaction environment underscores the liquidity and strong buyer interest currently present in the Chembur property market.
Sales Transactions878
Gross Sales Value₹ 1,206 Cr
Registered Rate₹ 21,550/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Chembur, Mumbai
Rental rates in Chembur vary significantly by unit size, with studio apartments averaging ₹29,350 per month. 1 BHK units command ₹49,850 per month, while larger 3 BHK and 4 BHK units are priced at ₹1.13 Lakh and ₹1.57 Lakh per month respectively. The luxury 5 BHK segment represents the highest rental tier at ₹1.65 Lakh per month. Chembur Colony and Bhakti Park lead the rental market, both averaging ₹150 per sq ft and showcasing strong YoY growth of 28.87% and 12.5% respectively. Other areas like Collectors Colony and Borla remain steady at ₹100 per sq ft, with Collectors Colony experiencing a notable 26.04% increase in rental values. Commercial shops lead the rental market at ₹350 per sq ft with a 12.08% YoY increase. Office spaces follow at ₹150 per sq ft, showing a 6.29% growth, while residential apartments maintain a steady rental rate of ₹100 per sq ft. Top projects like Karwa Eastern Court and Bholenath Residency command rental rates of ₹144 and ₹142 per sq ft, respectively. These projects maintain a premium position in the local rental market, reflecting their desirability and prime location within Chembur.
Rental rates in Chembur vary significantly by unit size, with studio apartments averaging ₹29,350 per month. 1 BHK units command ₹49,850 per month, while larger 3 BHK and 4 BHK units are priced at ₹1.13 Lakh and ₹1.57 Lakh per month respectively. The luxury 5 BHK segment represents the highest rental tier at ₹1.65 Lakh per month.
Chembur Colony and Bhakti Park lead the rental market, both averaging ₹150 per sq ft and showcasing strong YoY growth of 28.87% and 12.5% respectively. Other areas like Collectors Colony and Borla remain steady at ₹100 per sq ft, with Collectors Colony experiencing a notable 26.04% increase in rental values.
Commercial shops lead the rental market at ₹350 per sq ft with a 12.08% YoY increase. Office spaces follow at ₹150 per sq ft, showing a 6.29% growth, while residential apartments maintain a steady rental rate of ₹100 per sq ft.
Frequently Asked Questions About Property Rates in Chembur, Mumbai
What is the current average asking price in Chembur as of June 2026?
As of June 2026, the average asking price in Chembur stands at ₹34,300 per sq ft. This figure reflects a market appreciation of 3.44% compared to the previous period, indicating a resilient demand for residential properties in this locality.
How does the property price trend in Chembur look as of June 2026?
The property price trend in Chembur has shown a consistent upward trajectory throughout the last year. As of June 2026, the location rate reached ₹34,300 per sq ft, rising from ₹33,150 per sq ft in March 2026, ₹33,700 per sq ft in December 2025, and ₹32,300 per sq ft in September 2025. This steady growth signals sustained buyer interest and investor confidence in the area.
What is the difference between the average asking price and the Government Registration Rate in Chembur?
As of June 2026, the average asking price in Chembur is ₹34,300 per sq ft, while the Government Registration Rate is ₹21,550 per sq ft. The Government Registration Rate serves as a baseline for stamp duty and registration calculations, and the variance between this rate and the market-driven asking price highlights the premium that buyers are willing to pay for current market amenities and location advantages.
How do property prices in Chembur vary by property type?
As of June 2026, property prices in Chembur vary slightly by category. Apartments, which are the most common, are priced at ₹34,300 per sq ft, having appreciated by 3.44%. Villas are priced at ₹34,100 per sq ft, showing an appreciation of 2.81%. Conversely, office spaces are currently priced at ₹34,250 per sq ft, which reflects a depreciation of 4.69% compared to the previous period.
How does property status influence pricing in Chembur as of June 2026?
Property status significantly impacts pricing in Chembur, reflecting different risk and convenience levels for buyers. Ready To Move properties are currently priced at ₹28,750 per sq ft, showing an appreciation of 2.18%. In contrast, Under Construction projects are priced at ₹30,600 per sq ft, with a notable appreciation of 8.99%, while New Launch projects command ₹32,250 per sq ft, having appreciated by 10.96% as of June 2026.
What is the average rental rate and rental yield in Chembur?
As of June 2026, the average rental rate in Chembur is ₹103 per sq ft, which has seen a marginal appreciation of 0.98%. The current rental yield in the locality is 3.60%, providing a steady income stream for investors who are balancing their capital outlay against the prevailing sale prices.
What are the typical monthly rental rates for different BHK configurations in Chembur?
Rental rates in Chembur vary by unit size to cater to diverse tenant profiles. As of June 2026, a Studio apartment rents for approximately ₹29,350 per month, while a 1 BHK averages ₹49,850 per month. Larger configurations see higher demand, with 2 BHK units at ₹74,250 per month, 3 BHK units at ₹1.13 Lakh per month, 4 BHK units at ₹1.57 Lakh per month, and 5 BHK units reaching ₹1.65 Lakh per month.
Which projects in Chembur command the highest rental rates?
As of June 2026, several projects in Chembur lead the rental market, including Karwa Eastern Court at ₹144 per sq ft, Bholenath Residency at ₹142 per sq ft, and both Savitha Apartment and Kalpataru Divya Swapna at ₹140 per sq ft. These projects maintain their premium status due to their specific location advantages within the Chembur micromarket, consistently attracting tenants despite varying market conditions.
How do rental rates compare across different neighbourhoods in Chembur?
Rental rates vary across the Chembur area, with Chembur Colony and Bhakti Park both commanding the highest rental rates at ₹150 per sq ft as of June 2026. Other areas like Collectors Colony, Borla, Suman Nagar, Antop Hill, Sion, Sion East, and Subhash Nagar currently average ₹100 per sq ft. While some areas like Chembur Colony have seen significant rental appreciation of 28.87%, others like Antop Hill have experienced a depreciation of 7.69% over the same period.
Which developers have the highest transaction activity in Chembur?
Based on transaction data as of June 2026, Sheth Enterprises leads the market in Chembur with 3 recorded transactions. Other active developers include Arihant Group Of Companies with 2 transactions, followed by V3 Partners, Oswal Realty, Akshay Sthapatya Pvt Ltd, and Concrete Builders, each contributing 1 transaction to the local market activity.
What are the most expensive residential projects in Chembur by listing rate?
As of June 2026, the most premium project in Chembur by listing rate is Godrej Sky Terraces at ₹62,650 per sq ft, which has seen a significant appreciation of 46.64%. 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). These projects represent the upper tier of the Chembur real estate market.
How should an investor interpret the rental yield in Chembur?
An investor should view the 3.60% rental yield in Chembur as a measure of the annual return on investment from rental income relative to the property's purchase price. As of June 2026, this yield, combined with the appreciation of capital values (such as the 3.44% growth in apartment prices), suggests that Chembur offers a balanced potential for both long-term asset appreciation and consistent rental cash flow.