Mumbai
The Chembur real estate market exhibits consistent growth across both capital and rental segments, driven by a mix of established residential projects and active new developments. With average property rates at ₹34,300 per sq ft, the area remains a prime destination for both end-users and investors looking for long-term value. Rental activity is particularly vibrant, offering a yield of 3.60% and attracting tenants across various unit configurations. Recent registration data underscores the market's liquidity, with hundreds of transactions finalized over the past year. Developers continue to focus on premium high-rise projects that cater to the evolving lifestyle needs of the urban population.
As of September 2026, the average asking price in Chembur stands at ₹34,300 per sq ft. This figure reflects an appreciation of 3.44% compared to the previous period, signaling sustained demand and market confidence in this residential hub.
The average asking price in Chembur is currently ₹34,300 per sq ft, while the Government Registration Rate is ₹21,550 per sq ft. This difference highlights the gap between market-driven valuations and official registration benchmarks used for property transactions in the locality.
The average rental yield in Chembur is 3.60% as of September 2026. For investors, this yield represents the annual rental income relative to the capital investment, providing a key metric to evaluate the income-generating potential of residential properties in the area alongside the average rental rate of ₹103 per sq ft.
Rental rates in Chembur scale with size, with Studio apartments averaging ₹29,350 per month, 1 BHK units at ₹49,850, 2 BHK units at ₹74,250, 3 BHK units at ₹1.13 Lakh, 4 BHK units at ₹1.57 Lakh, and 5 BHK units reaching ₹1.65 Lakh per month as of September 2026. This tiered structure allows tenants and investors to align their budget or income expectations with specific unit types.
Among the top rental projects in Chembur, Karwa Eastern Court leads with a rental rate of ₹144 per sq ft, followed by Bholenath Residency at ₹142 per sq ft, and Shree Krishna Om Niwas, Savitha Apartment, and Kalpataru Divya Swapna, all at ₹140 per sq ft as of September 2026. These projects are positioned at the premium end of the market, reflecting their desirability and specific location advantages within the locality.
As of September 2026, Ready To Move properties in Chembur are priced at ₹28,750 per sq ft (appreciating by 2.18%), while Under Construction projects are at ₹30,600 per sq ft (appreciating by 8.99%). New Launch projects currently average ₹32,250 per sq ft, showing an appreciation of 10.96%, which suggests a strong premium for newer inventory compared to established, well-occupied units.
Rental rates vary significantly across the vicinity, with Chembur Colony and Collectors Colony showing notable growth, having appreciated by 28.87% and 26.04% respectively from the previous period to September 2026. Conversely, areas like Antop Hill and Subhash Nagar have seen rental rates depreciate by 7.69% and 8.05% respectively, indicating a shift in rental demand across these specific micromarkets.
The price trend in Chembur shows a consistent upward trajectory, with the location rate rising from ₹33,150 per sq ft in March 2026 to ₹34,300 per sq ft by June 2026. This steady growth, paired with a 3.44% appreciation in the overall market, indicates a resilient demand environment that may be attractive to long-term investors and end-users alike.
As of September 2026, apartments in Chembur average ₹34,300 per sq ft, having appreciated by 3.44% compared to the previous period. Villas are priced at ₹34,100 per sq ft, showing an appreciation of 2.81%, while office spaces are at ₹34,250 per sq ft, which reflects a depreciation of 4.69% over the same timeframe.
Sheth Enterprises leads developer activity in Chembur with 3 recorded transactions, followed by Arihant Group Of Companies with 2 transactions. Other active developers in the locality include V3 Partners, Oswal Realty, Akshay Sthapatya Pvt Ltd, and Concrete Builders, each contributing to the market's transaction volume as of September 2026.
Top projects like Godrej Sky Terraces, with a listing rate of ₹62,650 per sq ft, represent the premium segment of Chembur, having appreciated by 46.64% compared to the previous period. Buyers should note that these high rates often reflect superior amenities, modern construction, and strategic positioning, which distinguish them from the broader locality average of ₹34,300 per sq ft.
Rental rates in Chembur vary by asset class, with shops commanding the highest rent at ₹350 per sq ft (appreciating by 12.08%), followed by office spaces at ₹150 per sq ft (up 6.29%). Apartments and villas both average ₹100 per sq ft, with apartments showing a stable appreciation of 0.98% and villas seeing a significant 38.46% appreciation as of September 2026, highlighting diverse income potential for property owners.
