Property Rates in Churchgate, Mumbai 2026

Property prices in Churchgate vary significantly when compared to its immediate neighbours. For instance, Altamount Road commands a higher average asking price of ₹1.31 Lakh per sq ft, which has appreciated by 38.64% from June 2025 to June 2026. Conversely, areas like Mazgaon are more accessible with an average asking price of ₹40,200 per sq ft, showing a modest appreciation of 3.07% over the same period. These variations highlight the diverse real estate landscape within South Mumbai.

The rental yield in Churchgate is currently 3.58% as of June 2026. For investors, this yield represents the annual rental income relative to the capital investment in a property. While Churchgate is a high-value market with an average rental rate of ₹231 per sq ft, this yield provides a benchmark for assessing the income-generating potential of residential assets in this prime location.

Rental rates in Churchgate show a clear progression based on unit size as of June 2026. A 1 BHK apartment typically rents for ₹1.55 Lakh per month, while a 2 BHK unit averages ₹2.14 Lakh per month. For larger requirements, a 3 BHK apartment commands an average rent of ₹4.17 Lakh per month. These figures reflect the premium nature of the locality and the high demand for varied residential configurations.

As of June 2026, Soona Mahal and Mistry Court are among the top projects for rentals in Churchgate, commanding rates of ₹280 per sq ft and ₹278 per sq ft, respectively. These rates have remained stable with a 0% change percentage, reflecting the sustained demand for premium, well-established residential buildings in this area. Other notable projects include Bharat Mahal and Vishnu Mahal, which offer competitive rental rates of ₹236 per sq ft and ₹234 per sq ft.

Ready-to-move properties in Churchgate are currently priced at an average of ₹65,800 per sq ft as of June 2026. This segment has seen significant growth, with prices appreciating by 22.19% from June 2025 to June 2026. This upward trend suggests strong buyer preference for immediate possession in this established market.

The asking price in Churchgate is currently ₹77,400 per sq ft, while the Government Registration Rate is listed as ₹41,600 per sq ft as of June 2026. The Government Registration Rate serves as a baseline for stamp duty and registration calculations, whereas the asking price reflects the current market sentiment and seller expectations. Buyers should note this gap when budgeting for total acquisition costs, as transaction values are often influenced by market demand rather than registration benchmarks alone.

As of June 2026, Krishna Mahal leads the market with a listing rate of ₹1 Lakh per sq ft, followed by Bharat Mahal at ₹90,150 per sq ft and CCI Chambers at ₹81,650 per sq ft. These projects maintain their premium positioning with a 0% change percentage over the observed period. These high listing rates are characteristic of the exclusive residential inventory available in the heart of Churchgate.

Apartments in Churchgate command an average rental rate of ₹250 per sq ft as of June 2026. This rate has seen a marginal appreciation of 0.43% compared to the previous period, indicating a stable and healthy rental market. This consistency is a positive signal for landlords and investors looking for steady income streams in this high-demand locality.

The average price for apartments in Churchgate is ₹77,400 per sq ft as of June 2026. This figure reflects an appreciation of 19.25% from June 2025 to June 2026, demonstrating robust demand and capital value growth for residential apartments in the locality over the past year.