Property Rates in Chunabhatti, Mumbai 2026

Property prices in Chunabhatti have shown a mixed trajectory over the last year. While the location rate was ₹25,600 per sq ft in September 2025, it rose to ₹27,050 per sq ft by December 2025, dipped slightly to ₹26,600 per sq ft in March 2026, and reached ₹27,600 per sq ft for apartments as of June 2026. This fluctuation suggests a dynamic market where buyer demand and inventory levels are constantly adjusting.

Property prices in Chunabhatti vary significantly when compared to neighbouring areas. As of June 2026, the average asking price in Chunabhatti is ₹26,600 per sq ft, which is more affordable than in Antop Hill at ₹33,100 per sq ft (which saw a 5.24% depreciation) and Matunga East at ₹49,100 per sq ft (which appreciated by 0.89%). Conversely, it remains higher than Kurla East, which is priced at ₹24,350 per sq ft and has seen a strong appreciation of 11.8%.

Property status plays a key role in pricing, with Ready To Move units in Chunabhatti averaging ₹27,050 per sq ft as of June 2026, reflecting an appreciation of 3.8% over the period. In contrast, Under Construction projects are priced at ₹26,000 per sq ft, having experienced a depreciation of 1.27%. New Launch projects currently command ₹27,000 per sq ft, showing a notable appreciation of 6.33%, which highlights investor interest in fresh supply.

The rental market in Chunabhatti offers an average rental rate of ₹101 per sq ft as of June 2026, which has seen a depreciation of 4.72%. Investors should note that the rental yield currently stands at 4.56%, providing a steady income stream relative to the capital investment required for property acquisition in the area.

Rental rates in Chunabhatti vary by unit size, catering to a diverse tenant profile as of June 2026. Studio apartments average ₹18,000 per month, while 1 BHK units typically rent for ₹50,050 per month. For larger families, 2 BHK units command an average of ₹67,250 per month, and 3 BHK units are available at an average of ₹88,900 per month.

As of June 2026, New Bawa Tower leads the rental market in Chunabhatti with a rate of ₹119 per sq ft, showing price stability with 0% change. Other premium rental projects include Arihant Shankheshwar Heights at ₹110 per sq ft and New Sumangal CHS at ₹104 per sq ft, both of which have also maintained stable rental pricing recently.

Rental rates differ significantly between residential and commercial segments in Chunabhatti as of June 2026. Office spaces command a higher average of ₹150 per sq ft, though they have seen a depreciation of 14.38%. Meanwhile, apartments are rented at an average of ₹100 per sq ft, reflecting a depreciation of 7.92% over the same period.

As of June 2026, the most premium projects by listing rate in Chunabhatti include Ameya Eastern Heights CHS at ₹30,200 per sq ft (which depreciated by 2.47%) and Shri Dutt CHS at ₹30,050 per sq ft (which depreciated by 0.49%). Other notable projects include Laxmi Apartment Chunabhatti at ₹29,050 per sq ft and Jay Anand CHS at ₹28,550 per sq ft, both of which have maintained stable pricing with 0% change.

Investors should use this data to identify price trends and rental yields to assess the potential return on investment. By comparing the average asking price of ₹26,600 per sq ft (as of June 2026) with the rental yield of 4.56%, investors can gauge the income-generating potential of their assets. Furthermore, tracking the appreciation or depreciation of specific property statuses, such as the 6.33% appreciation in New Launch projects, helps in timing market entry for capital gains.