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Property Rates in Chembur, Mumbai

Comprehensive Market Snapshot

The Chembur real estate market in Mumbai is currently active, with an asking price averaging ₹32,519 per sq ft. Recent quarterly trends show a notable increase in property rates, peaking at ₹33,675 per sq ft in Dec 2025, reflecting positive market momentum. Over the past year, Chembur recorded 2,880 property registrations totaling ₹4,039 Cr, with leading developers like Mahavir Group Chembur and Godrej driving significant transaction volumes. The market offers a diverse mix of apartments, office spaces, and villas, with Ready To Move properties being the most abundant.

  • Asking Sale Price₹ 32,519/sq.ft
  • Govt. Registration Prices₹ 20,611/sq.ft
  • Insights
  • Price Trend
  • Project and Developer Insights
  • Government Registrations

Insights for Chembur, Mumbai Real Estate Market

Chembur's property market presents a dynamic landscape for both homebuyers and investors, characterized by an average asking price of ₹32,519 per sq ft. Analyzing quarterly trends, the market has seen a healthy appreciation, with rates climbing from ₹29,592 per sq ft in Jun 2025 to ₹33,675 per sq ft by Dec 2025, indicating sustained growth. Key micro-markets like Govandi East and Deonar command higher average rates around ₹38,330 per sq ft, while Antop Hill shows a remarkable 14.84% growth, highlighting specific pockets of strong performance. Apartments remain the most prevalent property type, alongside office spaces and villas, though all have experienced a slight dip in average prices recently. The market is well-supplied with Ready To Move units, representing 764 properties averaging ₹27,584 per sq ft, alongside a growing segment of New Launch and Under Construction projects. Notably, properties Near Possession saw a significant 47.88% price surge, suggesting strong demand for immediate occupancy in new developments. Top projects like Godrej Central and Kukreja Golfscappe are driving transaction volumes, while high-value listings are led by developments such as Godrej RKS and Supreme Elenor. The robust government registration data, with 2,880 transactions amounting to ₹4,039 Cr at an average registered rate of ₹20,600 per sq ft, underscores the market's liquidity and investor confidence. Developers like Mahavir Group Chembur and Godrej are key players, shaping the supply and demand dynamics across the locality.

Market Strengths Market Strengths
  • Chembur exhibits robust market activity with an average asking price of ₹32,519 per sq ft and a healthy registered rate of ₹20,600 per sq ft.
  • The quarterly price trends demonstrate a strong upward movement, with rates peaking at ₹33,675 per sq ft by Dec 2025, reflecting market resilience and growth.
  • High transaction volume of 2,880 registrations totaling ₹4,039 Cr between Apr 2025 and Mar 2026, indicating strong buyer confidence and liquidity.
  • Presence of diverse property types including apartments, office spaces, and villas, catering to a wide range of buyer needs and investment goals.
  • A significant inventory of Ready To Move properties (764 units), providing immediate possession options for homebuyers.
  • Strong presence of reputable developers like Mahavir Group Chembur and Godrej, who lead in transaction volumes, ensuring quality and trust.
  • Specific micro-markets like Govandi East and Deonar command premium rates, while Antop Hill shows significant appreciation, offering attractive investment pockets.
Market Challenges Market Challenges
  • The absence of average rental rate data makes it challenging for investors to assess potential rental yields directly from the provided statistics.
  • All major property types (apartment, office space, villa) have experienced negative changes in average price, signaling potential pricing pressures in these segments.
  • Some sub-localities like Sion and Deonar have seen minor price depreciation (-1.21% and -3.23% respectively), which might require careful consideration for investment.
  • While overall quarterly trends are positive, the slight dip in average rates between Mar 2025 and Jun 2025 indicates potential short-term volatility.
  • A significant portion of projects by listing rates (e.g., Godrej RKS) show negative change, suggesting some high-end properties might be undergoing price corrections.
Investment Opportunities Investment Opportunities
  • Consider investing in micro-markets like Antop Hill, which has shown a substantial 14.84% appreciation, or Chunabhatti with 4.55% growth, indicating strong potential for capital gains.
  • Properties Near Possession offer high returns, evidenced by a 47.88% price surge, making them attractive for quick appreciation.
  • New Launch projects, showing a 1.11% increase and averaging ₹28,134 per sq ft, provide opportunities for early entry into developing properties.
  • Apartments, despite a slight recent dip, remain the dominant property type and are a stable investment given their average price of ₹32,519 per sq ft.
  • Explore projects by top transaction-driving developers like Mahavir Group Chembur and Godrej, who demonstrate consistent buyer interest and market activity.
  • High-value projects like Supreme Signature and Godrej Central, which account for significant transaction values, could offer premium investment avenues.
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Property Price Trends in Chembur, Mumbai

Asking Price Trends

Chembur's property rates have shown an encouraging upward trajectory over the past year. Starting at ₹30,299 per sq ft in Mar 2025, the average rate dipped slightly to ₹29,592 per sq ft in Jun 2025, before experiencing a strong rebound. By Sep 2025, rates climbed to ₹32,292 per sq ft and further peaked at ₹33,675 per sq ft in Dec 2025, demonstrating resilient growth and investor confidence in the locality.

Quarter City Rate
Dec 2025 33675
Sep 2025 32292
Jun 2025 29592
Mar 2025 30299
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Price Trends by Property Type

Chembur's real estate market caters to diverse buyer preferences across property categories. Apartments lead in average price at ₹32,519 per sq ft, though they have seen a modest -3.43% change. Office spaces are priced similarly at ₹31,575 per sq ft, experiencing a -9.43% adjustment. Villas, available at an average of ₹31,094 per sq ft, also saw a -8.3% shift. This indicates a competitive environment across all major property types in the area.

Type Rate (₹/sq.ft) Change %
Office Space 31,575 -9.43
Villa 31,094 -8.3
Apartment 32,519 -3.43
Price Trends by Project Status

The Chembur market offers properties across various development stages, appealing to different buyer timelines. Ready To Move inventory, comprising a significant 764 units, averages ₹27,584 per sq ft, with a -4.11% change, suitable for immediate occupancy. Under Construction projects provide 108 opportunities at ₹28,618 per sq ft, showing a marginal -0.19% change. Notably, Partially Ready To Move units have seen a substantial 9.95% increase, averaging ₹31,617 per sq ft, while New Launch properties, with 35 units, command ₹28,134 per sq ft and a 1.11% rise. Properties Near Possession, though limited to one unit, recorded an exceptional 47.88% surge, reaching ₹38,235 per sq ft.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 991 27,616 -3.6
Under Construction 108 28,618 -0.19
New Launch 35 28,134 1.11
Price Trends by Localities

Within Chembur, property rates exhibit notable variations across its sub-localities. Govandi East and Deonar command the highest average rates at ₹38,330 per sq ft, positioning them as premium residential hubs. Bhakti Park follows closely, averaging ₹36,632 per sq ft, while Antop Hill offers properties at ₹34,908 per sq ft, having seen an impressive 14.84% increase. Conversely, areas like Subhash Nagar and Govandi provide more accessible options, with average rates around ₹23,793 per sq ft and ₹24,410 per sq ft respectively, catering to a broader range of budgets.

Location Rate (₹/sq.ft) Change %
Bhakti Park 36,632 3.9
Antop Hill 34,908 14.8
Sion 28,441 -1.2
Sion East 28,588 -0.3
Subhash Nagar 23,793 1.1
Govandi East 38,330 -0.2
Govandi 24,410 6.3
Deonar 38,330 -3.2
Kurla East 25,869 2.8
Chunabhatti 26,777 4.6

Project and Developer Insights

Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Chembur are commanding significant asking prices, reflecting their luxury positioning and prime locations. Godrej RKS leads the segment, listed at ₹48,252 per sq ft, despite a slight -3.84% change. Supreme Elenor follows with a robust ₹46,214 per sq ft, showcasing an impressive 37.78% increase. Swastik Solitaire also stands out at ₹45,000 per sq ft, experiencing a remarkable 72.49% surge. These top-tier developments, including Supreme Epitome CHS and Godrej Serenity, represent the aspirational segment of the market, with rates often exceeding ₹44,000 per sq ft.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Godrej Rks 48,252 -3.8
Supreme Elenor 46,214 37.8
Swastik Solitaire 45,000 72.5
Supreme Epitome Chs 44,915 1.5
Godrej Serenity 44,607 15
Haware Intelligentia Infinity 44,054 -
Mayur Pankh 44,021 33.1
Akshay Anand 43,381 8.5
Sita Sadan Chembur 42,962 67.4
G P Sharvari 42,719 0.8
Project Name Current Price (₹/sq.ft) Sale Value Change %
Supreme Signature 40,895 ₹ 90 Cr 3.8
Godrej Central 26,361 ₹ 23.18 Cr 2
Godrej Serenity 43,652 ₹ 11 Cr -
Vanamali Chs 25,309 ₹ 7.78 Cr -
Concrete Sai Samast 30,103 ₹ 6.7 Cr -
Godrej Prime 28,791 ₹ 6.2 Cr -12.1
Akshar Amar Mansion 31,346 ₹ 6.14 Cr 6.2
Kukreja Golfscappe 32,641 ₹ 6 Cr -
Mayur Pankh 44,021 ₹ 5.25 Cr 2
Anu Smera Celeste 26,180 ₹ 4.4 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
Godrej Central 26,361 10 2
Kukreja Golfscappe 32,641 4 -
Mahavir Arham Arya 25,817 4 3.8
Om Shakti Chs Chembur 35,714 3 2
Blue Bell Apartment 35,571 3 -11.4
Godrej Prime 28,791 3 -12.1
Veena Serenity 27,138 3 -11.6
Sabari Shaan 26,190 3 13.6
Vanamali Chs 25,309 3 -
Omkar Raga 22,590 3 -5.1
Top Developers by Transaction Count

Premium residential developments in Chembur are commanding significant asking prices, reflecting their luxury positioning and prime locations. Godrej RKS leads the segment, listed at ₹48,252 per sq ft, despite a slight -3.84% change. Supreme Elenor follows with a robust ₹46,214 per sq ft, showcasing an impressive 37.78% increase. Swastik Solitaire also stands out at ₹45,000 per sq ft, experiencing a remarkable 72.49% surge. These top-tier developments, including Supreme Epitome CHS and Godrej Serenity, represent the aspirational segment of the market, with rates often exceeding ₹44,000 per sq ft.

  • By Transaction
Developer Transactions
Mahavir Group Chembur 17
Godrej 15
Kukreja Construction Company 10
Raheja Universal 6
Shilpriya Builders And Developers 5
Veena Developers 5
The Safal Group 4
Karwa Developers 4
Charisma Builders 4

Government Registration in Chembur, Mumbai

  • Sales Transactions2,880
  • Gross Sales Value₹ 4,039 Cr
  • Registered Rate₹ 20,600/sq.ft

Official registration data reveals robust transaction activity in Chembur during Apr 2025 to Mar 2026. The market recorded 2,880 transactions valued at a substantial ₹4,039 Cr, with an average registered rate of ₹20,600 per sq ft. Developer activity was notably led by Mahavir Group Chembur and Godrej in terms of transaction count. Project-wise, Godrej Central attracted maximum buyer interest with 10 transactions, while Supreme Signature generated the highest gross transaction value of ₹90 Cr, indicating strong market momentum across both volume and value.

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