Property Rates in Chunabhatti, Mumbai 2026

Property prices in Chunabhatti have shown a mixed trajectory over the past year. While the average asking price was ₹25,600 per sq ft in September 2025, it rose to ₹27,050 per sq ft by December 2025, before adjusting to the current level of ₹26,600 per sq ft as of June 2026. This fluctuation highlights a dynamic market where buyers and sellers are continuously recalibrating based on inventory availability and broader economic signals.

Chunabhatti, with an average asking price of ₹26,600 per sq ft as of June 2026, sits in a mid-range position compared to its neighbours. Nearby areas like Bandra East and Bandra Kurla Complex command significantly higher rates at ₹61,550 per sq ft and ₹59,700 per sq ft respectively, while Kurla East offers a more accessible entry point at ₹24,350 per sq ft. Understanding these regional differences helps investors and homebuyers identify the best value based on their budget and proximity requirements.

As of June 2026, ready-to-move properties in Chunabhatti are priced at an average of ₹27,000 per sq ft, having appreciated by 3.54% over the observed period. In contrast, under-construction projects are available at a lower average of ₹25,150 per sq ft, which represents a depreciation of 4.61% compared to the previous period. This price gap often reflects the premium buyers are willing to pay for immediate possession and the reduced risk associated with completed developments.

The average rental yield in Chunabhatti is 4.56% as of June 2026. For investors, this yield serves as a key indicator of the annual income potential relative to the capital invested in a property. A yield of this nature suggests that while the locality provides steady rental demand, investors should balance this against the current average rental rate of ₹101 per sq ft, which has seen a depreciation of 4.72% compared to the previous period.

As of June 2026, rental rates in Chunabhatti vary significantly by unit size to accommodate different tenant profiles. Studio apartments average ₹18,600 per month, while 1 BHK units command an average of ₹44,250 per month. For larger families or professionals, 2 BHK units are priced at ₹60,300 per month, and 3 BHK units reach an average of ₹87,400 per month, providing a clear spectrum of options for those seeking rental housing in the area.

As of June 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 positioning due to their specific amenities and location advantages. Notably, most of these top-tier projects have seen stable rental rates with 0% change, except for Om Trimurti Towers, which experienced a depreciation of 10.71%.

Users should view the property rates data for Chunabhatti as a tool for benchmarking current market value against historical trends. By examining metrics like the average asking price of ₹26,600 per sq ft as of June 2026 alongside the status-wise pricing, buyers can determine if they are paying a fair market rate. It is also essential to consider the appreciation or depreciation percentages, such as the 1.63% depreciation in the overall market, to gauge whether the locality is currently a buyer's or seller's market.