Property Rates in Sion, Mumbai 2026

The average asking price in Sion is currently ₹28,800 per sq ft, which sits notably above the Government Registration Rate of ₹21,300 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating the premium currently commanded by properties in this area.

Property prices in Sion have shown a trajectory of stability and growth, with the average asking price reaching ₹28,800 per sq ft as of September 2026. Data from the preceding quarters shows that the location rate moved from ₹28,550 per sq ft in December 2025 to ₹28,100 per sq ft in March 2026, before reaching the current level, reflecting a resilient market environment for investors and end-users alike.

As of September 2026, ready-to-move properties in Sion are priced at an average of ₹30,650 per sq ft, having appreciated by 7.49% over the comparison period. In contrast, under-construction projects are currently averaging ₹35,950 per sq ft, marking a significant appreciation of 19.63% compared to the previous period, which signals strong developer activity and buyer confidence in upcoming inventory.

The residential market in Sion is dominated by apartments, which are currently priced at ₹28,800 per sq ft, reflecting an appreciation of 2.34% as of September 2026. For commercial requirements, office spaces are averaging ₹33,350 per sq ft, showing an appreciation of 5.4%, while shops command a higher average price of ₹70,200 per sq ft, having appreciated by 8.72% over the same period.

As of September 2026, the average rental rate in Sion is ₹97 per sq ft, which has seen a depreciation of 4.9% compared to the previous period. The locality currently offers a rental yield of 4.04%, providing a useful benchmark for investors to assess the potential recurring income relative to the capital investment required for property ownership in the area.

Rental rates in Sion vary significantly by configuration, catering to different tenant profiles as of September 2026. Studio apartments are available at an average of ₹18,000 per month, while 1 BHK units average ₹50,000 per month. Larger configurations like 2 BHK and 3 BHK apartments command average monthly rents of ₹62,350 and ₹83,050 respectively, reflecting the premium associated with larger living spaces in the locality.

As of September 2026, premium rental projects in Sion include Kalpataru Harmony at ₹142 per sq ft, Avanti Apartment Sion at ₹139 per sq ft, and Ahuja O2 at ₹126 per sq ft. These projects consistently rank at the top due to their superior amenities and strategic positioning within the locality, with most maintaining stable rental rates compared to the previous period.

Rental rates in the vicinity of Sion show distinct variations, with areas like G Block BKC and Bandra Kurla Complex commanding the highest rates at ₹250 per sq ft as of September 2026. Meanwhile, residential hubs like Bhakti Park average ₹150 per sq ft, and various pockets such as Chunabhatti, Sion East, and Kurla East maintain a consistent average of ₹100 per sq ft, highlighting the premium status of business-centric zones compared to purely residential neighbourhoods.

The residential market in Sion sees significant activity from established developers, with Arihant Group leading in transaction volume with 3 recorded transactions as of September 2026. Other prominent developers contributing to the market's liquidity include Kalpataru and Lodha, each with 2 transactions, alongside Mhada, which reflects a healthy mix of private and public sector project presence in the locality.

A potential buyer should use the data on this page to gauge market health by comparing the current average asking price of ₹28,800 per sq ft against historical trends and the Government Registration Rate of ₹21,300 per sq ft. By analyzing the status-wise pricing—such as the 19.63% appreciation in under-construction projects—investors can identify whether they are paying a premium for immediate possession or seeking potential capital growth in newer developments as of September 2026.

A rental yield of 4.04% in Sion, as of September 2026, serves as a key indicator for investors evaluating the income-generating potential of their assets. When viewed alongside the average apartment sale price of ₹28,800 per sq ft, this yield helps investors determine the balance between capital appreciation and recurring rental income, allowing for a more informed decision on whether to prioritize long-term value or immediate cash flow.