Property Rates in Chunabhatti, Mumbai 2026

Property prices in Chunabhatti have shown a mixed trajectory throughout 2026. Data indicates the average asking price was ₹26,600 per sq ft in March 2026, rising to ₹27,850 per sq ft by June 2026. This upward movement suggests growing interest from buyers, though investors should monitor these quarterly shifts closely to gauge long-term capital appreciation potential.

Property rates in Chunabhatti, currently at ₹27,850 per sq ft, sit in a mid-range position compared to surrounding areas. For context, nearby Bandra East commands a higher average of ₹56,150 per sq ft, while Kurla East is more accessible at ₹24,250 per sq ft. These variations allow buyers to choose between premium hubs like Bandra or more budget-friendly options like Kurla depending on their investment goals and lifestyle requirements.

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 structure often reflects the premium buyers pay for immediate possession versus the potential value growth associated with newer developments.

The average rental rate in Chunabhatti is ₹91 per sq ft as of September 2026, which has seen a depreciation of 9.9% compared to the prior period. Despite this, the locality offers a rental yield of 3.92%. For investors, this yield provides a baseline for potential income generation, though it is important to weigh this against the current capital investment required for property purchases in the area.

Rental rates in Chunabhatti vary significantly by unit size as of September 2026. Studio apartments command an average of ₹18,000 per month, while 1 BHK units average ₹50,050 per month. Larger 2 BHK and 3 BHK configurations are priced at ₹67,900 and ₹90,000 per month, respectively. This range offers flexibility for different tenant profiles, from single professionals to larger families seeking residential space in this locality.

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. Most of these premium projects have maintained stable rental rates (0% change) over the recent period, indicating consistent demand for well-located residential complexes in the area.

Buyers should use the September 2026 data as a benchmark to evaluate market value and identify trends. By comparing the average asking price of ₹27,850 per sq ft against specific project rates like Ameya Eastern Heights CHS (₹30,150 per sq ft), users can determine if a property is priced at a premium or offers value. Always consider the appreciation percentages, such as the 4.69% growth in the overall market, to understand the broader economic momentum in Chunabhatti before making a final decision.