Property rates in Chembur average ₹34,300 per sq ft, reflecting a positive growth trend in the local market. The area sustains strong buyer interest, particularly in the apartment segment which commands this average price point. With a rental yield of 3.60% and a wide range of project stages, Chembur serves as a key residential hub in Mumbai that balances established luxury developments with active new, premium-priced residential launches.
Insights for Chembur, Mumbai Real Estate Market Overview
Chembur has established itself as a premium residential destination in Mumbai, characterized by consistent price appreciation and a robust inventory of ready-to-move and under-construction projects. The market shows a healthy demand for diverse housing types, supported by a rental ecosystem that offers competitive yields for investors. With significant transaction volume and high-value projects, the locality demonstrates strong resilience and consistent growth across its various sub-markets. Property developers continue to drive activity through both new launches and established residential complexes.
The average property rate for apartments in Chembur stands at ₹34,300 per sq ft, with a positive annual change of 3.44%.
Ready-to-move projects dominate the landscape with 970 units, while under-construction and new launch segments offer 114 and 42 units respectively.
Rental yields in the area are currently at 3.60%, with 3 BHK and 4 BHK apartments commanding monthly rents of ₹1.13 Lakh and ₹1.57 Lakh.
Top-tier projects like Godrej Sky Terraces and Shree Krishna Anupama lead the market with premium pricing reaching up to ₹62,650 per sq ft.
Sub-locations such as Govandi East and Deonar show significant price momentum, both recording rates of ₹42,450 per sq ft.
Market Strengths
Strong price appreciation for new launch projects, which grew by 10.96%.
High-end luxury projects like Godrej Sky Terraces command premium rates of ₹62,650 per sq ft.
Steady growth in the apartment segment with a 3.44% annual increase.
Robust government registration activity with 693 transactions in the last year.
Diverse rental options ranging from studio apartments to 5 BHK units cater to a wide tenant base.
Market Challenges
Office space rates have seen a correction of -4.69%, indicating a soft commercial segment.
Well-occupied property segments experienced a price decline of -9.14%, suggesting a shift in buyer preference toward newer developments.
Mid-stage projects have seen a significant price drop of -20.95%, reflecting specific project-level risks.
Rental rates in areas like Antop Hill and Subhash Nagar have faced downward pressure, showing a decline of -7.69% and -8.05% respectively.
Investment Opportunities
Rental yields of 3.60% provide a steady income stream for property owners in the residential segment.
New launch projects at ₹32,250 per sq ft offer potential for capital appreciation as they move toward completion.
Studio and 1 BHK apartments provide affordable entry points into the rental market with competitive monthly rates.
High demand in the ready-to-move segment ensures low vacancy risks for investors.
Top Localities in Chembur, Mumbai
Subhash Nagar
Avg Price₹ 23,800 /Sq.Ft.
Avg Rent₹ 80 /Sq.Ft.
YIELD
+ 4.03
LISTINGS
4
Price Trend
Chembur, Mumbai Property Price Trends and Appreciation
Property rates in Chembur have shown a consistent upward trajectory over the recent quarters. The location rate grew from ₹33,700 per sq ft in December 2025 to ₹34,300 per sq ft by June 2026. Simultaneously, the micromarket rates have also trended higher, moving from ₹36,000 per sq ft to ₹39,650 per sq ft during the same period.
Chembur features a diverse pricing landscape across its various neighborhoods. Sion East commands a premium at ₹52,150 per sq ft, while Govandi East and Deonar both hover around the ₹42,450 per sq ft mark. Bhakti Park remains a significant residential hub at ₹38,400 per sq ft. In contrast, areas like Kurla East and Govandi offer more accessible entry points, with rates at ₹24,250 per sq ft and ₹26,000 per sq ft respectively.
Chembur's real estate market caters to diverse buyer preferences across property categories. Apartments lead the market at ₹34,300 per sq ft, reflecting a positive growth of 3.44%. Villas are priced closely at ₹34,100 per sq ft, while office spaces are currently available at ₹34,250 per sq ft despite a market correction of -4.69%.
The Chembur market offers properties across various development stages catering to different buyer timelines. Ready-to-move inventory is priced at ₹28,750 per sq ft, providing immediate occupancy for 970 units. Under-construction projects are available at ₹30,600 per sq ft, while new launches are currently valued at ₹32,250 per sq ft, showing a robust growth of 10.96%.
Project & Developer Insights
Top Residential Projects and Developers in Chembur
Top Projectsin Chembur
JP Icons 71 is the top project in Chembur with prices from ₹ 4.25 Cr to 6.44 Cr.
Premium residential developments in Chembur are commanding high asking prices, reflecting their luxury positioning. Godrej Sky Terraces leads the segment at ₹62,650 per sq ft with a notable 46.64% increase. Shree Krishna Anupama is priced at ₹49,450 per sq ft, while Heritage Shree Venkateswara CHS and Kukreja Geetanjali follow at ₹47,500 per sq ft and ₹46,600 per sq ft respectively.
Top projects such as Karwa Eastern Court, Bholenath Residency, and Shree Krishna Om Niwas consistently achieve rental rates between ₹140 and ₹144 per sq ft. These projects remain highly sought after by tenants, with many maintaining stable rental values compared to previous periods.
The development landscape in Chembur is driven by several active builders. Sheth Enterprises leads with 3 transactions, followed by Arihant Group Of Companies with 2 registrations. Other builders including V3 Partners, Oswal Realty, Akshay Sthapatya Pvt Ltd, and Concrete Builders also contribute to the steady transaction volume in the area.
Government Registrations
Government Registration in Chembur, Mumbai
Official registration data highlights a vibrant market with 693 transactions recorded between November 2025 and October 2026. These transactions represent a gross value of ₹827 Cr, with average registration rates at ₹21,550 per sq ft. Sheth Enterprises leads developer activity with 3 transactions, supported by contributions from Arihant Group Of Companies and other key builders.
Sales Transactions693
Gross Sales Value₹ 827 Cr
Registered Rate₹ 21,550/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Chembur, Mumbai
Rental rates in Chembur scale with unit size, starting from ₹29,350 per month for studios. 1 BHK apartments average ₹49,850 per month, while 2 BHK units are priced at ₹74,250 per month. Larger 3 BHK, 4 BHK, and 5 BHK units command monthly rents of ₹1.13 Lakh, ₹1.57 Lakh, and ₹1.65 Lakh respectively. Rental rates vary across the locality, with Chembur Colony and Bhakti Park both commanding ₹150 per sq ft. Collectors Colony, Borla, and Suman Nagar offer more moderate rates at ₹100 per sq ft. Notably, Chembur Colony and Collectors Colony have seen strong year-on-year growth of 28.87% and 26.04% respectively. Property types in Chembur show varied rental performance, with shops leading at ₹350 per sq ft, reflecting a 12.08% growth. Office spaces rent at ₹150 per sq ft with a 6.29% increase. Residential apartments maintain a steady average of ₹100 per sq ft. Top projects such as Karwa Eastern Court, Bholenath Residency, and Shree Krishna Om Niwas consistently achieve rental rates between ₹140 and ₹144 per sq ft. These projects remain highly sought after by tenants, with many maintaining stable rental values compared to previous periods.
Rental rates in Chembur scale with unit size, starting from ₹29,350 per month for studios. 1 BHK apartments average ₹49,850 per month, while 2 BHK units are priced at ₹74,250 per month. Larger 3 BHK, 4 BHK, and 5 BHK units command monthly rents of ₹1.13 Lakh, ₹1.57 Lakh, and ₹1.65 Lakh respectively.
Rental rates vary across the locality, with Chembur Colony and Bhakti Park both commanding ₹150 per sq ft. Collectors Colony, Borla, and Suman Nagar offer more moderate rates at ₹100 per sq ft. Notably, Chembur Colony and Collectors Colony have seen strong year-on-year growth of 28.87% and 26.04% respectively.
Property types in Chembur show varied rental performance, with shops leading at ₹350 per sq ft, reflecting a 12.08% growth. Office spaces rent at ₹150 per sq ft with a 6.29% increase. Residential apartments maintain a steady average of ₹100 per sq ft.
Frequently Asked Questions About Property Rates in Chembur, Mumbai
What is the current average asking price in Chembur as of September 2026?
The average asking price in Chembur is ₹34,300 per sq ft as of September 2026. This figure represents an appreciation of 3.44% compared to the previous period, signaling sustained demand for residential real estate in this locality.
How have property prices in Chembur trended over the last few quarters?
Property prices in Chembur have shown a positive trajectory, moving from ₹33,700 per sq ft in December 2025 to ₹33,150 per sq ft in March 2026, and reaching ₹34,300 per sq ft by June 2026. This upward movement reflects consistent market confidence and steady interest from both homebuyers and investors in the area.
How does the average asking price in Chembur compare to the Government Registration Rate?
As of September 2026, the average asking price in Chembur stands at ₹34,300 per sq ft, while the Government Registration Rate is ₹21,550 per sq ft. This difference is a key metric for buyers to consider, as the registration rate serves as a benchmark for stamp duty and registration fee calculations, which may differ from the actual market-driven asking prices.
What is the rental yield in Chembur, and what does it imply for investors?
The rental yield in Chembur is 3.60% as of September 2026. A yield at this level suggests a balanced income potential for property owners, making it a relevant factor for investors who are evaluating the locality based on the relationship between capital appreciation and recurring rental income.
How do monthly rental rates vary by BHK configuration in Chembur?
Rental rates in Chembur vary significantly by size: Studio apartments average ₹29,350 per month, 1 BHK units average ₹49,850 per month, 2 BHK units average ₹74,250 per month, 3 BHK units average ₹1.13 Lakh per month, 4 BHK units average ₹1.57 Lakh per month, and 5 BHK units average ₹1.65 Lakh per month as of September 2026. This range provides options for various tenant profiles, from single professionals to large families.
Which projects in Chembur currently command the highest rental rates?
As of September 2026, premium rental projects in Chembur include Karwa Eastern Court at ₹144 per sq ft, Bholenath Residency at ₹142 per sq ft, and both Shree Krishna Om Niwas and Savitha Apartment at ₹140 per sq ft. These projects command higher premiums due to their specific amenities and location advantages within the locality.
How do property prices in Chembur differ based on project status?
Property prices in Chembur vary by development phase: Ready To Move units average ₹28,750 per sq ft (appreciating 2.18%), while Under Construction projects average ₹30,600 per sq ft (appreciating 8.99%) as of September 2026. New Launch projects are priced at ₹32,250 per sq ft, reflecting a 10.96% appreciation, which indicates that buyers are willing to pay a premium for newer inventory.
How do rental rates compare across different neighbourhoods in and around Chembur?
Rental rates vary across the region, with Chembur Colony and Bhakti Park both commanding ₹150 per sq ft as of September 2026. In contrast, areas like Collectors Colony, Borla, Suman Nagar, Antop Hill, and Sion maintain a rental rate of ₹100 per sq ft, highlighting that specific pockets within or near Chembur offer distinct price points for tenants.
What are the most expensive residential projects in Chembur by listing rate?
As of September 2026, Godrej Sky Terraces leads with a listing rate of ₹62,650 per sq ft, having appreciated by 46.64% over the observed period. Other high-value projects include Shree Krishna Anupama at ₹49,450 per sq ft (42.23% appreciation) and Heritage Shree Venkateswara CHS at ₹47,500 per sq ft (35.72% appreciation), reflecting strong demand for premium living spaces.
How should a buyer interpret the price differences between property types in Chembur?
As of September 2026, apartments in Chembur average ₹34,300 per sq ft, showing a 3.44% appreciation, while villas average ₹34,100 per sq ft with a 2.81% appreciation. Office spaces are priced at ₹34,250 per sq ft, though they have seen a depreciation of 4.69% from the previous period, suggesting that residential segments currently show more stable growth compared to the office space market.
Which developers have been most active in Chembur based on transaction volume?
Sheth Enterprises leads developer activity in Chembur with 3 recorded transactions, followed by Arihant Group Of Companies with 2 transactions. Other active developers include V3 Partners, Oswal Realty, Akshay Sthapatya Pvt Ltd, and Concrete Builders, each with 1 transaction, indicating a diverse developer landscape in the locality.
How can users effectively use the property rates data on this page for decision-making?
Users can utilize this data to compare current asking prices against historical trends, assess rental yields for investment potential, and evaluate price differences between ready-to-move and under-construction projects. By analyzing the specific appreciation or depreciation percentages provided for September 2026, buyers and investors can make more informed decisions based on recent market performance rather than speculative assumptions.
