As of March 2026, the average asking price in Chunabhatti, Mumbai, stands at ₹26,599 per sq ft. This represents a decrease of 1.63% from the previous period, indicating a slight softening in property values over the recent past. The listing count for properties in this area is 1346.
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Property Rates in Chunabhatti, Mumbai
Comprehensive Market Snapshot
Chunabhatti, Mumbai, presents a current asking price of ₹26,599 per sq ft, with no registration rate and rental averages unavailable. The market shows a slight downward trend in location rates over the past few quarters, anticipating a slight increase by March 2026. Apartments are the primary property type, averaging ₹26,599 per sq ft. Rental data indicates an overall average of ₹101 per sq ft with a rental yield of 4.56%.
- The average asking price in Chunabhatti stands at ₹26,599 per sq ft.
- Apartments are the dominant property type, averaging ₹26,599 per sq ft.
- The overall average rental rate in Chunabhatti is ₹101 per sq ft.
- A rental yield of 4.56% is observed in the area.
- 1 BHK apartments command an average rent of ₹44,259 per month.
- Asking Sale Price₹ 26,599 /sq.ft
- Average Rental₹ 101 /sq.ft
- Rental Yield4.56 %
Insights for Chunabhatti, Mumbai Real Estate Market
Chunabhatti, Mumbai, currently shows an average asking price of ₹26,599 per sq ft, with no reported registration rates. Quarterly price trends indicate some fluctuation, with a projected slight increase by March 2026. The rental market is active, featuring an average rental rate of ₹101 per sq ft and a rental yield of 4.56%. Apartments are the most common property type, with Studio units averaging ₹18,602 per month and 3 BHKs reaching ₹87,400 per month. Neighboring areas like Sion West are priced higher at ₹31,746 per sq ft, while Kurla East offers a more affordable option at ₹24,343 per sq ft.
- The average rental rate for apartments in Chunabhatti is ₹101 per sq ft, with a rental yield of 4.56%.
- Rental prices vary significantly by unit size, with Studio apartments averaging ₹18,602 per month and 3 BHKs commanding ₹87,400 per month.
- Sion West, a neighboring micro-market, shows a higher average property rate of ₹31,746 per sq ft compared to Chunabhatti's ₹26,599 per sq ft.
- Ready To Move properties in Chunabhatti average ₹26,073 per sq ft, indicating a stable supply for immediate buyers.
- Ameya Eastern Heights CHS is among the top projects by listing rates at ₹30,954 per sq ft.
Property Price Trends in Chunabhatti, Mumbai
The asking price in Chunabhatti has seen some quarterly fluctuations. Projections suggest a slight upward trend, with rates anticipated to reach ₹26,599 per sq ft by March 2026. This indicates a dynamic market influenced by future growth expectations.
In Chunabhatti, apartments represent the primary property type, with an average price of ₹26,599 per sq ft. This segment shows a slight decrease of -1.63%, indicating potential buying opportunities for apartment seekers.
Chunabhatti offers properties across various development stages. Ready To Move inventory, comprising 34 units, averages ₹26,073 per sq ft, appealing to immediate occupancy needs. Under Construction projects are available at ₹26,343 per sq ft, while New Launch properties are priced at ₹25,373 per sq ft.
Chunabhatti's property rates are influenced by its surrounding micro-markets. Sion West commands a higher average rate of ₹31,746 per sq ft, while areas like Kurla East offer a more accessible price point at ₹24,343 per sq ft. Sion East is priced around ₹29,827 per sq ft, reflecting the varied real estate landscape within proximity.
Project and Developer Insights
Premium residential developments in Chunabhatti are setting benchmarks for asking prices. Ameya Eastern Heights CHS leads with a rate of ₹30,954 per sq ft, showcasing a 4.74% increase. Shri Dutt CHS and Laxmi Apartment Chunabhatti also feature prominently, priced at ₹30,215 per sq ft and ₹29,038 per sq ft respectively, reflecting the demand for quality housing in the area.
Among top rental projects in Chunabhatti, New Bawa Tower leads with a current rental rate of ₹119 per sq ft. Arihant Shankheshwar Heights follows at ₹110 per sq ft, with New Sumangal CHS at ₹104 per sq ft. Projects like New Mhada Colony Chunabhatti and Om Trimurti Towers are priced at ₹101 per sq ft and ₹100 per sq ft respectively.
Property Rental Trends in Chunabhatti, Mumbai
The rental market in Chunabhatti shows a clear progression in pricing across different BHK configurations. Studio apartments are available for an average of ₹18,602 per month, while 1 BHK units increase to ₹44,259 per month. Larger 2 BHK apartments command an average rent of ₹60,308 per month, and 3 BHK units reach up to ₹87,400 per month, reflecting demand for space.
Rental rates in areas surrounding Chunabhatti vary, with Sion West averaging ₹118 per sq ft and Sion East at ₹112 per sq ft. Bandra Kurla Complex shows significantly higher rental rates at ₹234 per sq ft, while Kurla East offers a more economical option at ₹98 per sq ft.
Apartments are the primary property type for rent in Chunabhatti, with an average rental rate of ₹101 per sq ft. This segment has seen a year-on-year change of -4.72%.
FAQs about Property Rates in Chunabhatti, Mumbai
Property prices in Chunabhatti, Mumbai, have experienced fluctuations over the past year. From June 2025 to March 2026, the location rate saw a dip from ₹27,846 per sq ft to ₹26,599 per sq ft, a decrease of approximately 4.48%. However, the micromarket rate within Chunabhatti showed an upward trend from ₹19,380 per sq ft in June 2025, reaching ₹32,994 per sq ft by March 2026, indicating significant growth in specific micro-segments within the locality.
Chunabhatti's average asking price of ₹26,599 per sq ft as of March 2026 is positioned between some of its neighboring micromarkets. For instance, Sion has an average rate of ₹28,123 per sq ft, which has depreciated by 2.32% recently. In contrast, Dharavi offers a significantly lower average rate of ₹19,117 per sq ft with no recent change. Bandra Kurla Complex, however, stands out with a much higher average rate of ₹59,703 per sq ft, appreciating by 14.79%.
The average price for apartments in Chunabhatti, Mumbai, was ₹26,599 per sq ft as of March 2026. This segment has experienced a depreciation of 1.63% over the recent period, suggesting a slight decrease in demand or an increase in supply for apartments in the locality.
In Chunabhatti, property prices differ based on their construction status as of March 2026. 'Ready To Move' properties are priced at an average of ₹26,073 per sq ft, showing a recent depreciation of 6.21%. 'Under Construction' properties are slightly higher at ₹26,343 per sq ft, with a depreciation of 3.71%. 'New Launch' properties are priced at ₹25,373 per sq ft, down by 2.85%, while 'Well Occupied' properties are at ₹25,833 per sq ft, down by 4.03%.
As of March 2026, Ameya Eastern Heights CHS in Chunabhatti lists properties at the highest rate of ₹30,954 per sq ft, showing an appreciation of 4.74%. Following closely is Shri Dutt CHS at ₹30,215 per sq ft, with no recent change. Laxmi Apartment Chunabhatti is also among the top, priced at ₹29,038 per sq ft, having appreciated by 0.49%.
The average rental rate in Chunabhatti, Mumbai, is ₹101 per sq ft as of March 2026. For investors, this translates to an estimated rental yield of 4.56%. This yield indicates the potential return on investment from rental income relative to the property's capital value in the locality.
Rental rates in Chunabhatti show a clear progression with the number of bedrooms. Studio apartments command an average rent of ₹18,602 per month. This increases significantly for 1 BHK units to ₹44,259 per month, further rising to ₹60,308 per month for 2 BHK apartments. For larger families or preferences, 3 BHK apartments are available for an average of ₹87,400 per month.
Chunabhatti's average rental rate is ₹101 per sq ft as of March 2026. Nearby Sion has a slightly higher average rental rate of ₹102 per sq ft, though it has seen a recent depreciation of 1.92%. Bandra Kurla Complex, a premium micro-market, commands a significantly higher rental rate of ₹234 per sq ft, which has depreciated by 1.68%. Kurla East offers a more affordable option with an average rental rate of ₹98 per sq ft, having appreciated by 5.38%.
As of March 2026, New Bawa Tower in Chunabhatti leads with the highest rental rate at ₹119 per sq ft, with no recent change. Arihant Shankheshwar Heights is next at ₹110 per sq ft, also stable. New Sumangal CHS follows with a rental rate of ₹104 per sq ft. It's worth noting that Om Trimurti Towers has seen a notable depreciation of 10.71% in its rental rate, now standing at ₹100 per sq ft.
The average rental rate for apartments in Chunabhatti, Mumbai, is ₹101 per sq ft as of March 2026. This indicates a recent depreciation of 4.72% in apartment rental prices within the locality, suggesting a softening rental market for apartments.