Property Rates in Cumbala Hill, Mumbai 2026

As of June 2026, the average asking price in Cumbala Hill is ₹70,450 per sq ft, which is notably higher than the Government Registration Rate of ₹54,200 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is common in high-demand, premium residential areas where property value is driven by location prestige and luxury amenities.

Property prices in Cumbala Hill have shown a positive trajectory, with the average asking price rising from ₹63,350 per sq ft in December 2025 to ₹70,450 per sq ft by March 2026. This upward movement indicates strong buyer interest and market resilience in the area, suggesting that investors and end-users continue to view this location as a high-value asset.

Property prices in the vicinity of Cumbala Hill show significant variation, with Malabar Hill commanding the highest average asking price at ₹95,700 per sq ft (which has appreciated by 3.59%) and Grant Road offering a more accessible entry point at ₹55,700 per sq ft (which has appreciated by 16.55% as of June 2026). Other nearby areas such as Altamount Road are also premium, with an average asking price of ₹1.31 Lakh per sq ft, marking a substantial appreciation of 38.64%.

As of June 2026, Ready To Move properties in Cumbala Hill are priced at an average of ₹57,150 per sq ft, showing a stable appreciation of 1.95% over the observed period. In contrast, Under Construction projects are priced at a premium of ₹86,300 per sq ft, which has seen a significant appreciation of 51.73%, likely reflecting the high-end nature of new developments currently entering the market.

The average rental rate in Cumbala Hill is ₹227 per sq ft as of June 2026, which has seen a slight depreciation of 0.87% compared to the previous period. The area currently offers a rental yield of 3.87%, providing a steady income stream for investors who are balancing the high capital outlay required for property acquisition in this prime location.

Rental rates in Cumbala Hill vary by unit size, with 2 BHK apartments commanding an average rent of ₹2.23 Lakh per month and 3 BHK apartments averaging ₹3.63 Lakh per month as of June 2026. These rates cater to a premium tenant profile, reflecting the high demand for spacious, well-located residential units in this part of Mumbai.

As of June 2026, the top projects by rental rates include Khatau Mansion at ₹333 per sq ft and Summer Ville at ₹314 per sq ft. Other notable projects such as Breach Candy Gardens and Rewa Apartments also command premium rents, with Breach Candy Gardens showing an appreciation of 8.15% and Rewa Apartments appreciating by 7.56% compared to previous periods.

Transaction activity in Cumbala Hill, led by projects like Cumballa Crest and Skyscraper, indicates a market focused on high-value, premium assets. With projects such as Cumballa Crest seeing a current rate of ₹53,200 per sq ft and an appreciation of 0.19% as of June 2026, the data suggests that investors are prioritizing established, well-located projects that offer both stability and potential for capital growth.

Buyers should note that top-tier projects in Cumbala Hill, such as Ananta Apartment at ₹94,100 per sq ft and Godrej Carmichael at ₹86,300 per sq ft, represent the higher end of the market spectrum. The significant appreciation seen in these projects—75.6% for Ananta Apartment and 51.73% for Godrej Carmichael as of June 2026—highlights the premium that buyers are willing to pay for specific, high-quality residential developments in this locality.