Property Rates in Chakala, Mumbai

Property rates in Chakala, Mumbai have shown an upward trajectory. From December 2025 to March 2026, the average location rate appreciated by 3.08%, reaching ₹34,227 per sq ft. Prior to this, data for September 2025 and June 2025 showed a rate of ₹0, indicating that the current pricing reflects a more recent market valuation or data availability shift. The micromarket rate, however, has been more stable, moving from ₹21,180 per sq ft in December 2025 to ₹34,893 per sq ft in March 2026, showing significant growth in this specific sub-region.

As of March 2026, apartments in Chakala, Mumbai have an average asking price of ₹34,227 per sq ft, showing a 3.08% appreciation. Office spaces in the same period are priced at an average of ₹32,330 per sq ft, with no change reported in their rate. This indicates that apartments are currently commanding a slightly higher price point than office spaces within Chakala.

In Chakala, Mumbai, as of March 2026, Ready To Move properties are priced at an average of ₹24,134 per sq ft, having appreciated by 1.19%. In contrast, Under Construction properties are significantly higher, averaging ₹35,312 per sq ft, and have seen a substantial appreciation of 23.75%. This price gap suggests a premium for immediate occupancy and potentially newer developments for under-construction projects.

Among the listed micromarkets around Chakala, Vile Parle West shows the highest average property rate at ₹49,886 per sq ft, appreciating by 13.18%. Following closely is Vile Parle East at ₹44,146 per sq ft with a 7.23% appreciation. On the lower end, Andheri East has an average rate of ₹31,649 per sq ft, which has appreciated by 6.4%. Amboli has experienced a depreciation of 7.89%, with an average rate of ₹35,245 per sq ft.

As of March 2026, Jyoti Skyline in Chakala, Mumbai leads in listing rates at ₹35,714 per sq ft, showing a significant appreciation of 49.56%. Vira Sky Vista follows with a rate of ₹34,910 per sq ft, up by 5.18%. Saroj CHS is listed at ₹28,186 per sq ft with no change. Shree Satguru Garden and Bhagwan Shiv Shivneri CHS are priced at ₹23,543 per sq ft and ₹23,497 per sq ft respectively, with Shree Satguru Garden showing a slight depreciation of 1.04%.

The Government Registration Rate in Chakala, Mumbai is ₹0 per sq ft, according to the provided data. This is significantly lower than the average asking price of ₹34,227 per sq ft as of March 2026. The registered transaction count for the period of May 25 to Apr 26 was 86, with a gross value of ₹120 Cr, and the registered rate during this period was ₹20,150 per sq ft.

As of March 2026, the average rental rate in Chakala, Mumbai is ₹107 per sq ft. The area offers a rental yield of 3.75%, which indicates the potential return on investment for property owners based on rental income relative to property value. This yield suggests a moderate income generation potential for landlords in the locality.

In Chakala, Mumbai, rental rates differ significantly by BHK configuration. Studios are typically rented at ₹35,000 per month. For a 1 BHK apartment, the average rent is ₹37,500 per month, while 2 BHK apartments command a higher average of ₹70,000 per month. These figures reflect the increasing demand for larger living spaces and the associated rental premiums.

As of March 2026, apartments in Chakala, Mumbai have an average rental rate of ₹107 per sq ft, showing a significant appreciation of 30.49%. Office spaces, on the other hand, have a higher average rental rate of ₹256 per sq ft but have experienced a depreciation of 6.91%. This suggests that while office spaces are more expensive to rent, apartment rentals are seeing stronger recent growth.

Among the micromarkets around Chakala, Irla shows the highest average rental rate at ₹168 per sq ft, with no reported change. MIDC follows with ₹156 per sq ft, also with no change. Bharucha Baug is also notable at ₹147 per sq ft. On the lower end, Bamanwada offers an average rental rate of ₹98 per sq ft, with no change reported. Koldongri has seen a depreciation of 10.45%, with an average rental rate of ₹120 per sq ft.

As of March 2026, Saroj CHS is identified as a top project in Chakala, Mumbai for rental rates, with a current rental rate of ₹100 per sq ft and no reported change. This project has one listing available. Further details on other top rental projects are not available in the provided data.

In Chakala, Mumbai, as of March 2026, Ready To Move properties are priced at an average of ₹24,134 per sq ft, with a modest 1.19% appreciation. Under Construction properties, however, are priced significantly higher at ₹35,312 per sq ft and have seen a substantial 23.75% appreciation. This price differential suggests that buyers prioritizing immediate possession might find Ready To Move options more affordable, while those willing to wait for new developments are paying a premium for potentially modern amenities and capital appreciation.