Property Rates in Chunabhatti, Mumbai 2026

Property price trends in Chunabhatti have shown a positive trajectory throughout 2026. The average asking price rose from ₹26,600 per sq ft in March 2026 to ₹27,850 per sq ft by June 2026, signaling resilient buyer interest and a strengthening local real estate market.

Property rates in Chunabhatti, currently at ₹27,850 per sq ft, sit in a mid-range position compared to surrounding localities. For instance, areas like Bandra East command significantly higher rates at ₹56,150 per sq ft, while Kurla East offers a more accessible entry point at ₹24,250 per sq ft. This variation allows investors and homebuyers to choose between premium hubs and more value-oriented neighbourhoods depending on their budget and connectivity needs.

As of September 2026, Ready To Move properties in Chunabhatti are priced at an average of ₹28,400 per sq ft, having appreciated by 4.95% over the observed period. In contrast, Under Construction projects are available at a slightly lower average of ₹27,400 per sq ft, which has seen an appreciation of 5.27%. This pricing gap often reflects the premium buyers are willing to pay for immediate possession versus the potential value growth of newer developments.

The average rental rate in Chunabhatti stands at ₹91 per sq ft as of September 2026, which represents a depreciation of 9.9% compared to the previous period. Despite this, the area offers a rental yield of 3.92%, providing a steady income stream for property owners relative to the capital investment required for residential apartments in the locality.

Rental rates in Chunabhatti scale according to the size of the unit, catering to a diverse tenant base. As of September 2026, a Studio apartment averages ₹18,000 per month, while a 1 BHK, 2 BHK, and 3 BHK command average monthly rents of ₹50,050, ₹67,900, and ₹90,000 respectively. These figures help prospective tenants and landlords understand the monthly budget requirements and income potential for different apartment sizes.

As of September 2026, New Bawa Tower leads the rental market in Chunabhatti with a rate of ₹119 per sq ft, followed by Arihant Shankheshwar Heights at ₹110 per sq ft and New Sumangal CHS at ₹104 per sq ft. These projects maintain their premium status due to their specific location advantages and building amenities, with most of these top-tier rental rates remaining stable over the recent period.

Investors should view the current average asking price of ₹27,850 per sq ft in Chunabhatti alongside the rental yield of 3.92% to gauge total return potential. With a 4.69% appreciation in sale prices as of September 2026, the market shows signs of steady capital growth. Monitoring these metrics alongside project-specific trends helps in identifying properties that offer a balance between long-term value appreciation and consistent rental income.

In Chunabhatti, the residential apartment market is the primary segment, with an average asking price of ₹27,850 per sq ft as of September 2026. This segment has experienced a 4.69% appreciation, reflecting consistent demand for standard residential units. Investors should note that this price point serves as the benchmark for the locality, providing a clear reference for evaluating the value of individual projects.

Rental rates in the vicinity of Chunabhatti show varied performance as of September 2026. While areas like G Block BKC command a high premium of ₹250 per sq ft with a 17.21% appreciation, other nearby spots like Sion and Sion West are priced at ₹100 per sq ft, showing a slight depreciation. This data suggests that proximity to major business hubs like BKC significantly influences rental premiums compared to the broader residential clusters in the central suburbs.