Property rates in Cumbala Hill average ₹65,900 per sq ft, reflecting a period of price adjustment in the local market. The area maintains a strong rental appeal with an average rental yield of 4.39%, supported by diverse inventory ranging from ready-to-move apartments to premium under-construction projects. Investors and homebuyers are increasingly focusing on the area's established residential projects, which continue to command significant value despite recent fluctuations in transaction-based registration rates.
Insights for Cumbala Hill, Mumbai Real Estate Market Overview
Cumbala Hill presents a sophisticated real estate landscape characterized by high-value residential developments and consistent rental demand. Market trends show prices adjusting across recent quarters, with current listing rates balancing against registration activity that highlights a robust turnover of ₹42 Cr. The rental market is particularly active, offering yields that attract consistent interest from high-net-worth tenants seeking premium living spaces in South Mumbai. Development activity remains concentrated in established residential pockets, ensuring that the supply mix caters effectively to luxury seekers.
Ready-to-move residential projects currently command an average rate of ₹55,700 per sq ft, accounting for the majority of available units.
The rental market is highly competitive, with average rates at ₹241 per sq ft and specific project rents reaching up to ₹333 per sq ft.
Under-construction properties are valued at a premium, averaging ₹86,600 per sq ft, which signifies strong future value expectations.
Rental yields are notably healthy at 4.39%, supported by monthly rents for 4 BHK units averaging ₹6.83 Lakh.
Registration data over the past year confirms a stable market with 7 major transactions totaling ₹42 Cr in gross value.
Market Strengths
High average monthly rental income for large residential units, particularly 4 BHKs at ₹6.83 Lakh.
Consistent rental yield of 4.39% outperforming many other residential zones in Mumbai.
Diverse project status availability ranging from new launches to well-established ready-to-move developments.
Strong premium project ecosystem with top-tier developments commanding rates near ₹1 Lakh per sq ft.
Resilient rental market with an average rate of ₹241 per sq ft across the locality.
Market Challenges
Ready-to-move inventory has experienced a price adjustment of -1.52%, indicating a soft demand period.
Well-occupied project rates have seen a decline of -8.43%, suggesting a need for strategic pricing.
Apartment segments in the broader area have faced a -6.46% change in average rates.
New launch projects recorded a price change of -1.41% as they enter the current market cycle.
Investment Opportunities
Rental yields of 4.39% provide a strong return on investment for property owners in the locality.
Under-construction projects at ₹86,300 per sq ft offer potential for capital appreciation compared to ready-to-move stock.
4 BHK apartments generate high monthly rental income, averaging ₹6.83 Lakh per month.
Premium projects like Ananta Apartment offer high-value asset stability with current rates at ₹94,100 per sq ft.
Top Localities in Cumbala Hill, Mumbai
Peddar Road
Avg Price₹ 63,350 /Sq.Ft.
Avg Rent₹ 197 /Sq.Ft.
YIELD
+ 3.73
LISTINGS
15
Price Trend
Cumbala Hill, Mumbai Property Price Trends and Appreciation
The Cumbala Hill market has experienced a dynamic pricing trend, with rates moving from ₹62,700 per sq ft in September 2025 to a peak of ₹70,450 per sq ft in March 2026. This period of growth was followed by a moderate adjustment, bringing the current rate to ₹65,900 per sq ft as of June 2026. These shifts indicate a responsive market that balances developer aspirations with buyer sentiment.
Real estate values in the vicinity of Cumbala Hill vary significantly, reflecting the unique prestige of neighboring pockets. Altamount Road commands a notable premium at ₹1.35 Lakh per sq ft, while Walkeshwar and Malabar Hill hover at ₹92,650 per sq ft and ₹85,200 per sq ft respectively. In contrast, locations like Grant Road offer a more accessible entry point at ₹49,700 per sq ft, providing a diverse range of investment options for different buyer profiles.
Residential apartments in Cumbala Hill serve as the primary asset class, currently priced at an average of ₹65,900 per sq ft. This segment has seen a market adjustment of -6.46% over the recent period, reflecting current demand levels. The focus remains heavily on luxury living, with property configurations designed to meet the high standards of South Mumbai residents.
The market provides a clear distinction between immediate occupancy options and future-ready developments. Ready-to-move projects, which comprise 65 units, are priced at ₹55,700 per sq ft, while the limited under-construction supply of 2 units commands a premium average of ₹86,300 per sq ft. This variation allows buyers to choose between the convenience of ready homes and the potential appreciation of newer, modern developments.
Project & Developer Insights
Top Residential Projects and Developers in Cumbala Hill
Top Projectsin Cumbala Hill
Godrej Carmichael is the top project in Cumbala Hill with prices from ₹ 87.92 Cr.
Godrej Carmichael
₹ 87.92 Cr - ₹ 87.92 Cr
Mumbai South, Mumbai
Puravankara Miami
Price On Request
Mumbai South, Mumbai
Godrej Trilogy
₹ 18.88 Cr - ₹ 29.95 Cr
Mumbai South, Mumbai
LnT Island Cove
₹ 3.40 Cr - ₹ 6.34 Cr
Mumbai South, Mumbai
JP Codename Matunga Origins
₹ 2.93 Cr - ₹ 4.23 Cr
Mumbai South, Mumbai
Piramal Mahalaxmi
₹ 5.45 Cr - ₹ 14.03 Cr
Mumbai South, Mumbai
Runwal Timeless
₹ 1.59 Cr - ₹ 3.5 Cr
Mumbai South, Mumbai
Kalpataru Azuro
₹ 45 Cr - ₹ 71.98 Cr
Mumbai South, Mumbai
Lodha Malabar
Price On Request
Mumbai South, Mumbai
Lodha Sea Face
Price On Request
Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Godrej leads in Mumbai with 43 projects and 29 years of experience.
Luxury living in Cumbala Hill is defined by iconic projects that set the benchmark for the entire region. Ananta Apartment leads the list with an asking rate of ₹94,100 per sq ft, followed closely by Godrej Carmichael at ₹86,600 per sq ft. Sambhav Tirth Apartment has shown strong growth, with rates increasing by 10.64% to reach ₹80,450 per sq ft, while Mistry Park and Puravankara Miami continue to offer high-value residential options for discerning investors.
Top-tier projects are driving rental benchmarks in the locality, with Khatau Mansion leading at ₹333 per sq ft. Summer Ville and Kala Niketan CHS also command strong rates of ₹314 per sq ft and ₹260 per sq ft respectively, highlighting the premium placed on well-maintained residential complexes.
Government Registrations
Government Registration in Cumbala Hill, Mumbai
Government registration data confirms a stable transaction environment in Cumbala Hill, with 7 deals recorded between October 2025 and September 2026. These transactions represent a total gross value of ₹42 Cr, with an average registered rate of ₹55,300 per sq ft. This activity underscores a consistent interest in high-value assets within the locality.
Sales Transactions7
Gross Sales Value₹ 42 Cr
Registered Rate₹ 55,300/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Cumbala Hill, Mumbai
Rental rates across Cumbala Hill are tiered by unit size, with 1 BHK apartments averaging ₹1.45 Lakh per month. Larger 2 BHK and 3 BHK units command ₹2.46 Lakh and ₹3.85 Lakh respectively, while 4 BHK residences are the most premium, averaging ₹6.83 Lakh per month. Rental rates across the area are robust, with locations like Breach Candy, Kemps Corner, and Tardeo all averaging ₹250 per sq ft. Growth is particularly evident in Babulnath, which has seen a significant rental increase of 63.4%, and Gamdevi, which recorded a 37.5% rise. Apartments remain the primary rental property type in Cumbala Hill, averaging ₹250 per sq ft. This sector has experienced a positive annual growth of 6.17%, reflecting sustained demand for residential space. Top-tier projects are driving rental benchmarks in the locality, with Khatau Mansion leading at ₹333 per sq ft. Summer Ville and Kala Niketan CHS also command strong rates of ₹314 per sq ft and ₹260 per sq ft respectively, highlighting the premium placed on well-maintained residential complexes.
Rental rates across Cumbala Hill are tiered by unit size, with 1 BHK apartments averaging ₹1.45 Lakh per month. Larger 2 BHK and 3 BHK units command ₹2.46 Lakh and ₹3.85 Lakh respectively, while 4 BHK residences are the most premium, averaging ₹6.83 Lakh per month.
Rental rates across the area are robust, with locations like Breach Candy, Kemps Corner, and Tardeo all averaging ₹250 per sq ft. Growth is particularly evident in Babulnath, which has seen a significant rental increase of 63.4%, and Gamdevi, which recorded a 37.5% rise.
Apartments remain the primary rental property type in Cumbala Hill, averaging ₹250 per sq ft. This sector has experienced a positive annual growth of 6.17%, reflecting sustained demand for residential space.
Frequently Asked Questions About Property Rates in Cumbala Hill, Mumbai
What is the current average asking price in Cumbala Hill?
As of June 2026, the average asking price in Cumbala Hill is ₹65,900 per sq ft. This figure reflects a depreciation of 6.46% compared to the previous period, indicating a market correction in this premium locality. Investors and end-users should note that this average represents the baseline for residential apartments in the area.
How have property prices in Cumbala Hill trended recently?
Property prices in Cumbala Hill have shown a mixed trajectory over the last four quarters. While the average asking price stood at ₹62,700 per sq ft in September 2025 and rose to ₹70,450 per sq ft by March 2026, it has since adjusted to ₹65,900 per sq ft as of June 2026. This volatility suggests that while demand remains high for this prestigious address, the market is sensitive to price fluctuations.
How does the average asking price in Cumbala Hill compare to the Government Registration Rate?
The average asking price in Cumbala Hill is currently ₹65,900 per sq ft, whereas the Government Registration Rate is ₹55,300 per sq ft as of June 2026. The gap between these two figures highlights the premium that sellers command in the open market compared to the official valuation used for registration purposes.
What is the difference in pricing between Ready To Move and Under Construction properties in Cumbala Hill?
As of June 2026, Ready To Move properties in Cumbala Hill are priced at an average of ₹55,700 per sq ft, which has seen a depreciation of 1.52% compared to the previous period. In contrast, Under Construction projects command a higher average of ₹86,300 per sq ft, reflecting a depreciation of 0.67% over the same timeframe. The higher cost for under-construction units often stems from modern amenities and newer building standards in this established neighbourhood.
What is the average rental rate and rental yield in Cumbala Hill?
The average rental rate in Cumbala Hill is ₹241 per sq ft as of June 2026, which has appreciated by 6.17% compared to the previous period. The locality currently offers a rental yield of 4.39%, a key metric for investors evaluating the income-generating potential of their property relative to the capital investment required for purchase.
How do rental rates vary by BHK configuration in Cumbala Hill?
Rental rates in Cumbala Hill scale significantly with the size of the unit, reflecting the demand for luxury living. As of June 2026, a 1 BHK apartment rents for an average of ₹1.45 Lakh per month, while 2 BHK units average ₹2.46 Lakh per month. Larger configurations command higher premiums, with 3 BHK units at ₹3.85 Lakh per month and 4 BHK units reaching an average of ₹6.83 Lakh per month.
Which projects in Cumbala Hill command the highest rental rates?
As of June 2026, Khatau Mansion leads the market with a rental rate of ₹333 per sq ft, followed by Summer Ville at ₹314 per sq ft and Kala Niketan CHS at ₹260 per sq ft. These premium projects are highly sought after, with rental rates in Khatau Mansion remaining stable, while projects like Breach Candy Gardens have seen an appreciation of 8.15% in rental rates compared to the previous period.
How do rental rates in Cumbala Hill compare to nearby neighbourhoods?
Rental rates in the vicinity of Cumbala Hill show significant variation, with areas like Babulnath and Gamdevi commanding ₹250 per sq ft, reflecting a strong appreciation of 63.4% and 37.5% respectively compared to the previous period. Conversely, Girgaum Chowpatty offers a more accessible rental rate of ₹150 per sq ft, which has seen a depreciation of 10.92% over the same timeframe.
What are the most expensive residential projects in Cumbala Hill by listing rate?
As of June 2026, Ananta Apartment is the most premium project in Cumbala Hill with a listing rate of ₹94,100 per sq ft, showing stable pricing. Other high-value projects include Godrej Carmichael at ₹86,600 per sq ft and Sambhav Tirth Apartment at ₹80,450 per sq ft, the latter of which has appreciated by 10.64% compared to the previous period.
How should a buyer interpret the property rate data for Cumbala Hill?
Buyers should use the data provided for June 2026 to gauge the market's current positioning before making investment decisions. By comparing the average asking price of ₹65,900 per sq ft against the Government Registration Rate of ₹55,300 per sq ft and observing the quarterly trends, buyers can identify whether a specific project is priced competitively or if there is room for negotiation based on recent market corrections.
