Property Rates in Chembur, Mumbai

As of March 2026, the average asking price in Chembur is ₹33,147 per sq ft, while the government registration rate is ₹20,611 per sq ft. This significant difference suggests that the registered value is substantially lower than the market's asking price, which is a common trend in many real estate markets.

In Chembur, property prices have shown some fluctuation. From June 2025 to Sep 2025, the average location rate appreciated by 3.71% to ₹32,292 per sq ft. However, this was followed by a further appreciation to ₹33,675 per sq ft in Dec 2025, before seeing a slight dip to ₹33,147 per sq ft in Mar 2026, a depreciation of 1.57% from the prior quarter. The micromarket rate, however, saw a significant increase from ₹19,525 per sq ft in June 2025 to ₹37,242 per sq ft in Mar 2026, indicating strong growth in specific micro-regions within Chembur.

Property prices in Chembur vary significantly by micromarket as of March 2026. Bhakti Park shows the highest average rate at ₹35,778 per sq ft, appreciating by 1.44%. Antop Hill also commands a high rate of ₹33,080 per sq ft, with a notable appreciation of 8.82%. In contrast, Sion has a lower average rate of ₹28,123 per sq ft, depreciating by 2.32%, while Subhash Nagar is priced at ₹23,793 per sq ft, showing a modest appreciation of 1.14%.

As of March 2026, the average prices for property types in Chembur are as follows: office spaces are priced at ₹35,918 per sq ft, appreciating by 3.02%. Villas are priced at ₹33,147 per sq ft, with a depreciation of 2.25%. Apartments are also priced at ₹33,147 per sq ft, showing a depreciation of 1.57%.

In Chembur, property prices vary by construction status as of March 2026. Ready To Move properties are priced at ₹27,567 per sq ft, showing a depreciation of 4.17%. Under Construction properties are priced at ₹28,635 per sq ft, with a slight depreciation of 0.13%. New Launch properties are at ₹28,134 per sq ft, appreciating by 1.11%. Properties in 'Near Possession' status are significantly higher at ₹38,235 per sq ft, reflecting a substantial appreciation of 47.88%.

As of March 2026, Godrej Central in Shramjivi Nagar recorded the highest transaction activity with 10 transactions, its current rate is ₹26,361 per sq ft, appreciating by 1.96%. Kukreja Golfscappe in Union Park and Mahavir Arham Arya in Chembur Gaothan each had 4 transactions. Mahavir Arham Arya's rate is ₹25,817 per sq ft, appreciating by 3.81%.

As of March 2026, Supreme Signature in Union Park leads in value, with a current rate of ₹40,895 per sq ft and a single transaction valued at ₹90 Cr, showing an appreciation of 3.81%. Godrej Central in Shramjivi Nagar follows with a rate of ₹26,361 per sq ft and a total transaction value of ₹23.18 Cr, with 10 transactions and a 1.96% appreciation. Godrej Serenity in Deonar is also notable, with 2 transactions and a rate of ₹43,652 per sq ft.

As of March 2026, Mahavir Group Chembur leads in transaction volume with 17 transactions. Godrej follows closely with 15 transactions. Kukreja Construction Company has recorded 10 transactions, and Raheja Universal has 6 transactions. These developers show significant activity and presence in the Chembur market.

As of March 2026, the average rental rate in Chembur is ₹102 per sq ft. The rental yield for the area is 3.69%. This yield indicates the potential return on investment for property owners through rental income relative to the property's capital value.

In Chembur, rental rates vary by BHK configuration as of March 2026. Studio apartments average ₹31,400 per month, while 1 BHK apartments are around ₹49,608 per month. Larger configurations see higher rents, with 2 BHK apartments averaging ₹73,168 per month, 3 BHK at ₹1.12 Lakh per month, and 4 BHK at ₹1.46 Lakh per month. The highest average rent is for 5 BHK apartments at ₹4.75 Lakh per month.

Rental rates in Chembur's micromarkets show variation as of March 2026. Wadala Truck Terminal has the highest average rental rate at ₹183 per sq ft, appreciating by 2.81%. Bharatiya Kamala Nagar follows at ₹155 per sq ft. Bhakti Park offers rentals at ₹120 per sq ft, with a slight appreciation of 0.84%. Antop Hill's average rental rate is ₹117 per sq ft, showing a depreciation of 9.30%.

As of March 2026, rental rates in Chembur for different property types are: shops average ₹298 per sq ft, showing a significant appreciation of 27.35%. Office spaces are at ₹143 per sq ft, with a depreciation of 2.05%. Villas are renting for ₹78 per sq ft, a depreciation of 16.13%. Apartments have an average rental rate of ₹102 per sq ft, depreciating by 2.86%.

As of March 2026, projects like Karwa Eastern Court and Bholenath Residency in Chembur are among those with the highest rental rates, both at ₹144 per sq ft and ₹142 per sq ft respectively, with no reported change in rental rate. Shree Krishna Om Niwas, Savitha Apartment, and Kalpataru Divya Swapna also feature high rental rates at ₹140 per sq ft. Garodia Girivan La Quinta is listed at ₹139 per sq ft, showing a depreciation of 3.47%.