Property rates in Chembur average ₹33,150 per sq ft, reflecting a stable market with consistent demand. The locality features a diverse range of residential options, from ready-to-move apartments to luxury projects, attracting significant buyer interest. With a rental yield of 3.69%, the area remains a prime choice for investors seeking steady returns. Notable projects like Godrej RKS and Tridhaatu Rudraksh continue to set high benchmarks for value in this sought-after Mumbai harbour location.
Insights for Chembur, Mumbai Real Estate Market Overview
Chembur’s real estate market maintains a robust profile, characterized by steady price appreciation and active transaction volumes. The area serves as a key residential hub in Mumbai, balancing modern luxury developments with a strong inventory of ready-to-occupy units. Rental demand remains healthy, supported by competitive yields and a variety of configurations ranging from studios to large-format apartments. Government registrations highlight consistent buyer activity, while top developers and premium projects drive the overall market valuation.
Average asking prices for residential apartments currently hover around ₹33,800 per sq ft.
The rental market shows a yield of 3.69%, with studio apartments averaging ₹29,350 per month.
Ready-to-move projects dominate the supply with 945 units, providing immediate options for homebuyers.
Premium developments such as Godrej RKS and Tridhaatu Rudraksh are commanding prices exceeding ₹46,000 per sq ft.
Diverse inventory of 945 ready-to-move units caters to immediate housing demand.
Strong registration activity with 1,200 transactions confirms high market liquidity.
Significant YoY rental growth in Collectors Colony at 10.42% highlights rising demand for rental housing.
Kurla East shows robust property price growth of 11.8%, indicating a high-performing micro-market.
Sion East property prices increased by 8.56%, reflecting consistent demand in the area.
Market Challenges
Antop Hill rental rates experienced a decline of -7.69%, indicating softening demand in that specific sub-location.
Office space prices saw a decrease of -4.69%, reflecting shifts in commercial real estate valuation.
Under-construction projects recorded a -2.04% price change, suggesting a cautious approach in the primary supply segment.
Subhash Nagar rental rates declined by -8.05%, marking a period of adjustment in the local rental market.
Investment Opportunities
Rental yield of 3.69% provides a stable return for property investors in the residential segment.
Studio apartments at ₹29,350 per month offer a low-barrier entry for rental income generation.
High-end projects like Godrej RKS demonstrate long-term value growth potential for luxury investors.
The 4.89% YoY growth in Deonar and Govandi East suggests strong capital appreciation potential in these pockets.
Price Trend
Chembur, Mumbai Property Price Trends and Appreciation
Chembur has seen consistent price shifts over the recent quarters, moving from ₹32,300 per sq ft in September 2025 to ₹33,800 per sq ft by June 2026. This upward trajectory highlights the area's growing appeal to both end-users and investors. The micromarket has similarly experienced positive momentum, reaching rates of ₹39,150 per sq ft in the same period.
Within the Chembur vicinity, property rates vary significantly across different pockets, reflecting their specific amenities and connectivity. Deonar and Govandi East command premium rates of ₹39,200 per sq ft, positioning them at the top of the local market. Conversely, locations like Govandi and Subhash Nagar offer more accessible entry points at ₹22,900 per sq ft and ₹23,800 per sq ft, respectively. Bhakti Park remains a high-value area, averaging ₹35,800 per sq ft, which underscores the premium demand for well-planned residential clusters.
Chembur’s real estate market caters to diverse buyer preferences across various property categories. Apartments lead the residential segment, averaging ₹33,800 per sq ft with a positive trend of 2.01%. Villas are also well-positioned at ₹33,550 per sq ft, while office spaces are available at ₹34,250 per sq ft, providing opportunities for commercial investment.
The Chembur market offers properties across various development stages to suit different buyer timelines. Ready-to-move inventory is the most abundant, with 945 units averaging ₹28,100 per sq ft, ensuring immediate occupancy for many. Under-construction projects provide 101 opportunities at ₹28,050 per sq ft, while new launches add 44 units to the market at ₹29,050 per sq ft, allowing buyers to choose based on their investment horizon.
Project & Developer Insights
Top Residential Projects and Developers in Chembur
Top Projectsin Chembur
JP Icons 71 is the top project in Chembur with prices from ₹ 5.15 Cr to 8.52 Cr.
Premium residential developments in Chembur are commanding significant asking prices, reflecting their luxury positioning and prime locations. Godrej RKS leads the market at ₹49,250 per sq ft, closely followed by Tridhaatu Rudraksh at ₹46,600 per sq ft with a notable 34.15% change. Supreme Epitome and Rustomjee Balmoral also feature prominently, with rates of ₹45,700 per sq ft and ₹45,650 per sq ft, respectively, representing the aspirational segment of the area.
Top projects in Chembur, such as Karwa Eastern Court and Bholenath Residency, offer rental rates at ₹144 per sq ft and ₹142 per sq ft respectively. Other notable developments like Savitha Apartment, Kalpataru Divya Swapna, and Shree Krishna Om Niwas consistently rent at ₹140 per sq ft. These projects continue to be highly sought after, reflecting their prime locality and established residential appeal.
The Chembur development landscape is driven by established builders who maintain high transaction volumes. Sheth Enterprises leads with 3 recorded transactions, followed by the Arihant Group of Companies with 2. Other notable developers like V3 Partners, Oswal Realty, and Akshay Sthapatya Pvt Ltd each contributed to the market activity, reflecting a healthy distribution of projects across the locality.
Government Registrations
Government Registration in Chembur, Mumbai
Official registration data for the period between September 2025 and August 2026 confirms robust activity in Chembur, with 1,200 transactions recorded. These deals represent a total gross value of ₹1,628 Cr, with average registered rates at ₹20,600 per sq ft. Sheth Enterprises and Arihant Group of Companies emerged as the most active developers in terms of transaction volume, signaling strong buyer trust and market momentum.
Sales Transactions1,200
Gross Sales Value₹ 1,628 Cr
Registered Rate₹ 20,600/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Chembur, Mumbai
Rental rates in Chembur vary by configuration, with studios averaging ₹29,350 per month and 1 BHK units at ₹50,100 per month. Larger 2 BHK and 3 BHK apartments command monthly rents of ₹74,000 and ₹1.11 Lakh, respectively. For those seeking expansive living, 4 BHK and 5 BHK units are available at ₹1.5 Lakh and ₹1.65 Lakh per month. Rental rates across Chembur locations show a mixed performance, with Collectors Colony leading with a 10.42% increase. Chembur Colony and Suman Nagar also saw healthy growth of 7.22% each. Meanwhile, areas like Antop Hill and Subhash Nagar experienced declines of -7.69% and -8.05% respectively, reflecting localized market fluctuations. Property type rentals in Chembur remain varied, with shops commanding the highest rates at ₹350 per sq ft, showing an 11.07% growth. Office spaces average ₹150 per sq ft with a 3.5% increase. Apartments and villas remain steady at ₹100 per sq ft, though villas have seen a significant jump of 37.18% in rental demand. Top projects in Chembur, such as Karwa Eastern Court and Bholenath Residency, offer rental rates at ₹144 per sq ft and ₹142 per sq ft respectively. Other notable developments like Savitha Apartment, Kalpataru Divya Swapna, and Shree Krishna Om Niwas consistently rent at ₹140 per sq ft. These projects continue to be highly sought after, reflecting their prime locality and established residential appeal.
Rental rates in Chembur vary by configuration, with studios averaging ₹29,350 per month and 1 BHK units at ₹50,100 per month. Larger 2 BHK and 3 BHK apartments command monthly rents of ₹74,000 and ₹1.11 Lakh, respectively. For those seeking expansive living, 4 BHK and 5 BHK units are available at ₹1.5 Lakh and ₹1.65 Lakh per month.
Rental rates across Chembur locations show a mixed performance, with Collectors Colony leading with a 10.42% increase. Chembur Colony and Suman Nagar also saw healthy growth of 7.22% each. Meanwhile, areas like Antop Hill and Subhash Nagar experienced declines of -7.69% and -8.05% respectively, reflecting localized market fluctuations.
Property type rentals in Chembur remain varied, with shops commanding the highest rates at ₹350 per sq ft, showing an 11.07% growth. Office spaces average ₹150 per sq ft with a 3.5% increase. Apartments and villas remain steady at ₹100 per sq ft, though villas have seen a significant jump of 37.18% in rental demand.
Frequently Asked Questions About Property Rates in Chembur, Mumbai
What is the current average asking price in Chembur?
As of June 2026, the average asking price in Chembur is ₹33,150 per sq ft. This figure represents a depreciation of 1.57% compared to the previous period, reflecting a nuanced market adjustment in the locality.
How have property prices in Chembur trended over the last few quarters?
Property prices in Chembur have shown a mixed trajectory leading up to June 2026. The location rate moved from ₹32,300 per sq ft in September 2025 to ₹33,700 in December 2025, then to ₹33,150 in March 2026, and finally reached ₹33,800 per sq ft as of June 2026, indicating a recent upward shift in demand.
How does the average asking price in Chembur compare to the Government Registration Rate?
The average asking price in Chembur is currently ₹33,150 per sq ft, which sits notably higher than the Government Registration Rate of ₹21,550 per sq ft as of June 2026. This gap between the market-driven asking price and the government-notified rate is a common observation in established residential hubs and is an important factor for buyers to consider when calculating total acquisition costs.
What is the rental yield in Chembur, and what does it signify for investors?
The rental yield in Chembur stands at 3.69% as of June 2026. For investors, this yield represents the annual return on investment from rental income relative to the property's capital value, providing a benchmark to evaluate the income-generating potential of residential assets in the area.
What are the typical monthly rental rates for different BHK configurations in Chembur?
As of June 2026, rental rates in Chembur vary significantly by configuration: Studio apartments average ₹29,350 per month, 1 BHK units average ₹50,100, 2 BHK units average ₹74,000, 3 BHK units average ₹1.11 Lakh, 4 BHK units average ₹1.5 Lakh, and 5 BHK units average ₹1.65 Lakh per month. These figures help tenants and landlords understand the price hierarchy across different living space requirements.
How do rental rates vary across different neighbourhoods near Chembur?
Rental rates across neighbourhoods near Chembur show distinct variations as of June 2026. Areas like Bhakti Park command a premium with an average rental rate of ₹150 per sq ft, which appreciated by 6.67% compared to the previous period. Conversely, areas such as Antop Hill and Sion are positioned at ₹100 per sq ft, with Antop Hill seeing a depreciation of 7.69% and Sion seeing a depreciation of 4.90% over the same timeframe.
Which residential projects in Chembur currently command the highest rental rates?
As of June 2026, premium rental projects in Chembur include Karwa Eastern Court at ₹144 per sq ft, Bholenath Residency at ₹142 per sq ft, and Savitha Apartment, Kalpataru Divya Swapna, and Shree Krishna Om Niwas, all at ₹140 per sq ft. While most of these top projects have maintained stable rental rates, Shree Krishna Suyog has seen a significant appreciation of 46.81%, highlighting its growing appeal to the rental market.
How does the average price of an apartment compare to other property types in Chembur?
As of June 2026, apartments in Chembur are priced at an average of ₹33,800 per sq ft, which has appreciated by 2.01% compared to the previous period. In comparison, office spaces are priced at ₹34,250 per sq ft, reflecting a depreciation of 4.69%, while villas are priced at ₹33,550 per sq ft, showing an appreciation of 1.2%.
What is the price difference between Ready To Move and Under Construction properties in Chembur?
As of June 2026, Ready To Move properties in Chembur are priced at an average of ₹28,100 per sq ft, having appreciated by 2.1% compared to the previous period. In contrast, Under Construction properties are priced at ₹28,050 per sq ft, which reflects a depreciation of 2.04% over the same period, suggesting a slight premium for immediate occupancy.
Which projects in Chembur have the highest listing rates?
As of June 2026, the projects with the highest listing rates in Chembur include Godrej RKS at ₹49,250 per sq ft (up 2.07%), Tridhaatu Rudraksh at ₹46,600 per sq ft (up 34.15%), and Supreme Epitome at ₹45,700 per sq ft (up 1.78%). These high-value projects reflect the premium segment of the local real estate market.
How should a buyer interpret the transaction activity of developers in Chembur?
Transaction activity, such as the activity recorded for Sheth Enterprises with 3 transactions and Arihant Group Of Companies with 2 transactions as of June 2026, serves as a signal of developer presence and market liquidity. Higher transaction counts often indicate a developer's established track record and buyer confidence in their specific projects within the locality.
What is the significance of the 'Near Possession' status in Chembur property rates?
As of June 2026, the single project listed under 'Near Possession' status in Chembur is priced at ₹38,250 per sq ft, with rates remaining stable at 0% change. This status often commands a premium price because it offers the benefits of a new build with the reduced risk and shorter wait time associated with imminent completion.