Property rates in Chakala average ₹34,250 per sq ft. This established Mumbai locality continues to show steady movement, particularly in the office space segment which has seen substantial growth. Investors are currently looking at a solid rental yield of 3.75%, supported by a diverse range of residential projects. With active residential developments and consistent demand for both apartments and commercial units, the area remains a key node in the western suburbs.
Insights for Chakala, Mumbai Real Estate Market Overview
Chakala maintains a robust real estate profile, anchored by a mix of high-value office spaces and well-connected residential apartments. Market prices have shown resilience, with office space demand driving significant value appreciation in recent quarters. Rental activity is equally vibrant, offering stable yields that attract income-focused investors looking for consistent returns in Mumbai's western corridor. Government registrations indicate a steady flow of transactions, confirming the area's ongoing appeal to both end-users and commercial tenants.
Office space rental rates have surged to ₹250 per sq ft, reflecting a 3.13% growth.
Residential apartment rentals average ₹100 per sq ft, marking a 10.28% increase.
Ready-to-move projects are currently priced at an average of ₹24,900 per sq ft.
The area offers a rental yield of 3.75%, providing a steady income stream for property owners.
Under-construction apartments are trending at ₹34,800 per sq ft, catering to long-term buyers.
Market Strengths
Strong commercial demand with office space rentals growing by 3.13%.
Robust apartment rental growth of 10.28% per year.
Healthy rental yield of 3.75% for residential assets.
Consistent registration activity with 52 transactions in the last year.
Diverse residential inventory ranging from studios to 2 BHK units.
Market Challenges
Apartment prices have seen a slight softening of -0.77% recently.
Under-construction projects have experienced a price adjustment of -1.51%.
Rental rates in Irla have seen a decline of -8.93%.
Investment Opportunities
Capitalize on the 3.75% rental yield by investing in residential apartments.
Target the high-demand office space sector which is seeing a 54.66% increase in pricing.
Consider 1 BHK apartments for rent, which command an average of ₹37,500 per month.
Explore ready-to-move projects currently priced at an attractive ₹24,900 per sq ft.
Price Trend
Chakala, Mumbai Property Price Trends and Appreciation
Property rates in Chakala have demonstrated a stable trajectory over the last few quarters. After recording a rate of ₹33,200 per sq ft in late 2025, prices moved to ₹34,250 per sq ft by March 2026. While there was a slight adjustment to ₹33,950 per sq ft in June 2026, the area maintains a strong valuation compared to the broader micromarket.
The surrounding areas of Chakala exhibit a wide spectrum of property valuations, reflecting the diverse nature of Mumbai's western suburbs. Juhu commands a premium at ₹61,100 per sq ft, while Vile Parle West and East hover around ₹49,900 and ₹44,150 per sq ft, respectively. In contrast, locations like Andheri East offer more accessible entry points at ₹31,650 per sq ft. These variations allow buyers to navigate the market based on their specific lifestyle or investment requirements.
Chakala's real estate market caters to diverse buyer preferences across property categories. Commercial office spaces lead the premium segment at ₹50,000 per sq ft, experiencing a notable 54.66% growth. Residential apartments are priced at an average of ₹33,950 per sq ft, reflecting a minor adjustment of -0.77% in recent activity.
The Chakala market provides properties across various development stages to suit different possession timelines. Ready-to-move inventory consists of 7 units averaging ₹24,900 per sq ft, reflecting a 3.12% increase. Meanwhile, 2 under-construction projects are available at ₹34,800 per sq ft, showing a shift of -1.51% as they progress toward completion.
Project & Developer Insights
Top Residential Projects and Developers in Chakala
Top Projectsin Chakala
Kalpataru Vian is the top project in Chakala with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian
₹ 4.88 Cr - ₹ 9.30 Cr
Mumbai Western Suburbs, Mumbai
LnT Ahana
₹ 2.58 Cr - ₹ 6.42 Cr
Mumbai Western Suburbs, Mumbai
Purva Estrella
₹ 2.75 Cr - ₹ 7.75 Cr
Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences
₹ 4.09 Cr - ₹ 9.37 Cr
Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower
₹ 88 L - ₹ 1.77 Cr
Mumbai Western Suburbs, Mumbai
Raymond The Address By GS
₹ 3.04 Cr - ₹ 7.00 Cr
Mumbai Western Suburbs, Mumbai
Origin Rock Highland
₹ 1.6 Cr - ₹ 2.45 Cr
Mumbai Western Suburbs, Mumbai
West Center Meridian Courts
₹ 2.97 Cr - ₹ 2.97 Cr
Mumbai Western Suburbs, Mumbai
Kalpataru Vivant
₹ 1.64 Cr - ₹ 4.31 Cr
Mumbai Western Suburbs, Mumbai
Mahindra Vista
₹ 1.40 Cr - ₹ 5.26 Cr
Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Atul Projects India Ltd leads in Mumbai with 62 projects and years of experience.
Premium residential developments in Chakala are commanding significant asking prices. Vira Sky Vista leads the segment, priced at ₹35,350 per sq ft with a 1.21% increase. Jyoti Skyline follows at ₹34,250 per sq ft with a -4.16% change, while projects like Saroj CHS offer more value-oriented options at ₹28,200 per sq ft.
Project Name
Rate (₹/Sq.Ft)
Change %
Saroj Chs, Chakala
100
-
Saroj CHS stands as a notable project in the rental market, currently offering units at a rate of ₹100 per sq ft.
Government Registrations
Government Registration in Chakala, Mumbai
Official registration data for Chakala shows a total of 52 transactions recorded between August 2025 and July 2026. These transactions represent a gross value of ₹74 Cr, with an average registered rate of ₹20,150 per sq ft, highlighting consistent market engagement.
Sales Transactions52
Gross Sales Value₹ 74 Cr
Registered Rate₹ 20,150/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Chakala, Mumbai
Rental options in Chakala are varied, with studios averaging ₹35,000 per month. 1 BHK apartments are priced at ₹37,500 per month, while larger 2 BHK units command an average monthly rent of ₹93,750. Rental rates across the vicinity show significant variation, with Kondivita, MIDC, and Irla leading at ₹150 per sq ft. Bamanwada and Sahar maintain more moderate rental levels at ₹100 per sq ft, reflecting the diverse commercial and residential mix of the area. Commercial office spaces command a premium rental rate of ₹250 per sq ft, showing a growth of 3.13%. Residential apartments are currently trending at ₹100 per sq ft, which represents a 10.28% increase compared to previous levels. Saroj CHS stands as a notable project in the rental market, currently offering units at a rate of ₹100 per sq ft.
Rental options in Chakala are varied, with studios averaging ₹35,000 per month. 1 BHK apartments are priced at ₹37,500 per month, while larger 2 BHK units command an average monthly rent of ₹93,750.
Rental rates across the vicinity show significant variation, with Kondivita, MIDC, and Irla leading at ₹150 per sq ft. Bamanwada and Sahar maintain more moderate rental levels at ₹100 per sq ft, reflecting the diverse commercial and residential mix of the area.
Commercial office spaces command a premium rental rate of ₹250 per sq ft, showing a growth of 3.13%. Residential apartments are currently trending at ₹100 per sq ft, which represents a 10.28% increase compared to previous levels.
Frequently Asked Questions About Property Rates in Chakala, Mumbai
What is the current average asking price in Chakala, Mumbai?
As of June 2026, the average asking price in Chakala is ₹34,250 per sq ft. This figure reflects an appreciation of 3.08% compared to previous periods, indicating a resilient demand for residential properties in this micromarket.
How have property prices in Chakala trended recently?
Property prices in Chakala have shown a dynamic trajectory, with the average asking price recorded at ₹34,250 per sq ft as of June 2026. Data from the preceding quarters shows that the location rate moved from ₹33,200 per sq ft in December 2025 to ₹34,250 per sq ft in March 2026, reflecting steady interest from buyers and investors.
How does the average asking price in Chakala compare to the Government Registration Rate?
The average asking price in Chakala is ₹34,250 per sq ft, while the Government Registration Rate stands at ₹20,150 per sq ft as of the period between August 2025 and July 2026. 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 total cost of acquisition and potential financing requirements.
What is the price difference between Ready To Move and Under Construction properties in Chakala?
As of June 2026, Ready To Move properties in Chakala are priced at an average of ₹24,900 per sq ft, having appreciated by 3.12% over the observed period. In contrast, Under Construction properties are priced at ₹34,800 per sq ft, which represents a depreciation of 1.51% compared to the previous period, suggesting a shift in market positioning for new project launches.
How do property rates for apartments and office spaces compare in Chakala?
As of June 2026, apartments in Chakala are available at an average price of ₹33,950 per sq ft, showing a slight depreciation of 0.77% compared to the prior period. Meanwhile, office spaces in the area command an average price of ₹50,000 per sq ft, which has seen a significant appreciation of 54.66%, highlighting strong commercial demand in the locality.
What is the average rental yield in Chakala and why is it important for investors?
The average rental yield in Chakala is 3.75% as of June 2026, providing a clear indicator of the potential annual income relative to the capital investment. With an average rental rate of ₹107 per sq ft, which has appreciated by 30.49% compared to the previous period, the area offers a compelling balance for investors looking for both steady rental income and long-term asset appreciation.
What are the typical rental rates for different BHK configurations in Chakala?
As of June 2026, rental rates in Chakala vary by unit size: Studio apartments average ₹35,000 per month, 1 BHK units average ₹37,500 per month, and 2 BHK units average ₹93,750 per month. These figures provide a useful benchmark for tenants and landlords to understand the current market value for residential housing based on space requirements.
How do rental rates for apartments compare to office spaces in Chakala?
As of June 2026, apartments in Chakala command an average rental rate of ₹100 per sq ft, which has appreciated by 10.28% compared to the previous period. Office spaces in the same locality command a higher average rental rate of ₹250 per sq ft, reflecting an appreciation of 3.13%, which underscores the premium commanded by commercial real estate in this micromarket.
Which projects in Chakala are currently among the top listings by rate?
As of June 2026, Vira Sky Vista leads the listings with a rate of ₹35,350 per sq ft, showing an appreciation of 1.21%. Other notable projects include Jyoti Skyline at ₹34,250 per sq ft (which saw a depreciation of 4.16%) and Saroj CHS at ₹28,200 per sq ft, which has remained stable with 0% change, offering a range of price points for prospective buyers.
How should a buyer interpret the transaction data for Chakala?
A buyer should view the 52 transactions recorded between August 2025 and July 2026 as a sign of active market liquidity in Chakala. With a gross value of ₹74 Cr during this period, the data indicates a consistent flow of property ownership changes, which can help buyers gauge the reliability and popularity of the locality for future resale or long-term holding.