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Property Rates in Cumbala Hill, Mumbai

Comprehensive Market Snapshot

Cumbala Hill in Mumbai presents a robust real estate market with an average asking price of ₹70,449 per sq ft. The registration rate stands at ₹62,339 per sq ft, indicating strong transaction activity. Apartments are the primary property type, averaging ₹70,449 per sq ft with an 11.24% increase. The rental market shows a healthy average rental rate of ₹227 per sq ft and a rental yield of 3.87%.

  • The average asking price in Cumbala Hill is ₹70,449 per sq ft.
  • Apartments in Cumbala Hill have seen an 11.24% price increase.
  • The average rental rate in Cumbala Hill is ₹227 per sq ft.
  • The rental yield in Cumbala Hill is 3.87%.
  • Ready To Move properties average ₹56,037 per sq ft.

  • Asking Sale Price₹ 70,449 /sq.ft
  • Govt. Registration Prices₹ 62,339 /sq.ft
  • Average Rental₹ 227 /sq.ft
  • Rental Yield3.87 %
  • Insights
  • Price Trends
  • Project and Developer Insights
  • Government Registrations
  • Recent Transactions
  • Rental Trends
  • Other Property Rates

Insights for Cumbala Hill, Mumbai Real Estate Market

Cumbala Hill, Mumbai, exhibits a dynamic real estate landscape with an average asking price of ₹70,449 per sq ft and a registration rate of ₹62,339 per sq ft. Quarterly price trends show a notable upward trajectory, with rates projected to reach ₹70,449 per sq ft by March 2026 from ₹64,544 per sq ft in June 2025. The rental market is active, featuring an average rental rate of ₹227 per sq ft and a rental yield of 3.87%. For instance, 2 BHK apartments rent for an average of ₹2.23 Lakh per month, while 3 BHK units command ₹3.63 Lakh per month. Government registrations show 39 transactions totaling ₹264 Cr between May 2025 and April 2026, with a registered rate of ₹62,350 per sq ft. Developer Neelkanth is noted for its transaction volume.

  • The market is witnessing a positive price trend, with rates expected to reach ₹70,449 per sq ft by March 2026.
  • 2 BHK apartments in Cumbala Hill rent for an average of ₹2.23 Lakh per month, and 3 BHK units average ₹3.63 Lakh per month.
  • A total of 39 property registrations were recorded, amounting to ₹264 Cr in gross value from May 2025 to April 2026.
  • The average rental yield in Cumbala Hill stands at a healthy 3.87%.
  • Breach Candy leads in sub-location rental rates at ₹221 per sq ft, followed by Malabar Hill at ₹234 per sq ft.

Market Strengths Market Strengths
  • Cumbala Hill exhibits a strong average asking price of ₹70,449 per sq ft, indicating a premium market segment.
  • Apartments in Cumbala Hill have seen a significant price appreciation of 11.24%, highlighting robust demand and value growth.
  • The average rental rate in Cumbala Hill stands at ₹227 per sq ft, reflecting a vibrant rental market.
  • A healthy rental yield of 3.87% suggests attractive returns for property investors in Cumbala Hill.
  • The sub-location of Altamount Road commands exceptionally high rental rates at ₹208 per sq ft, showcasing prime rental demand in specific micro-markets.
  • Malabar Hill, a prominent sub-location, shows strong rental performance with an average rate of ₹234 per sq ft.
Market Challenges Market Challenges
  • The average price for 'Under Construction' properties in Cumbala Hill has seen a significant decrease of -19.37%, suggesting potential oversupply or adjustment in pricing strategies for new developments.
  • Properties in 'Well Occupied' status have experienced a price drop of -8.22%, which might indicate increased competition or a need for price adjustments to attract buyers in established buildings.
  • The 'Ready To Move' property segment has seen a price decline of -5.97%, potentially signaling a shift in buyer preference towards under-construction projects or a market adjustment in this segment.
Investment Opportunities Investment Opportunities
  • Cumbala Hill offers a rental yield of 3.87%, suggesting potential for steady returns from rental income.
  • 2 BHK apartments in Cumbala Hill are available for rent at an average of ₹2.23 Lakh per month, presenting an opportunity for landlords targeting families.
  • 3 BHK apartments in Cumbala Hill command higher rents, averaging ₹3.63 Lakh per month, indicating demand for larger units.
  • The average rental rate across Cumbala Hill is ₹227 per sq ft, providing a benchmark for potential rental income from various property types.
  • Breach Candy, a sub-location within Cumbala Hill, offers a high average rental rate of ₹221 per sq ft, indicating strong rental demand in this specific area.
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Property Price Trends in Cumbala Hill, Mumbai

Asking Price Trends

The property market in Cumbala Hill is on a positive growth trajectory, with asking prices steadily climbing. Projections indicate a rise to ₹70,449 per sq ft by March 2026, up from ₹64,544 per sq ft in June 2025. This upward trend suggests increasing demand and value appreciation within the locality.

Quarter City Rate
Mar 2026 70449
Dec 2025 63333
Sep 2025 62722
Jun 2025 64544
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Price Trends by Property Type

Cumbala Hill's real estate market primarily features apartments, which currently average ₹70,449 per sq ft. This segment has experienced a notable increase of 11.24%, indicating strong demand and value growth for residential apartments in the area.

Type Rate (₹/sq.ft) Change %
Apartment 70,449 11.24
Price Trends by Project Status

The Cumbala Hill market offers properties across various development stages. Ready To Move inventory, comprising 43 units, averages ₹56,037 per sq ft, appealing to immediate occupancy seekers. Under Construction projects, with 1 unit, are priced at ₹56,873 per sq ft, while 'Near Possession' properties are available at ₹52,905 per sq ft, catering to different buyer timelines.

Status No of Project Rate (₹/sq.ft) Change %
Ready To Move 67 55,419 -6.78
Under Construction 1 56,873 -19.37
Price Trends by Localities

Cumbala Hill's diverse micro-markets showcase varied property values. Altamount Road commands the highest average rates at ₹1.31 Lakh per sq ft, reflecting its ultra-luxury status. Malabar Hill and Walkeshwar also present premium options, averaging ₹95,681 and ₹94,986 per sq ft respectively. In contrast, areas like Kemps Corner and Grant Road offer more accessible price points, averaging around ₹55,673 and ₹55,703 per sq ft.

Location Rate (₹/sq.ft) Change %
Breach Candy 76,537 17.4
Gowalia Tank 75,757 5.2
Peddar Road 63,369 1.8
Kemps Corner 55,673 -15.9
Altamount Road 1,31,081 57.2
Tardeo 73,967 12.9
Gamdevi 84,029 0.1
Grant Road 55,703 21
Malabar Hill 95,681 24.7
Walkeshwar 94,986 0.5

Project and Developer Insights

Top Projects in 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
LnT Island Cove ₹ 3.23 Cr - ₹ 6.62 Cr
  • Mumbai South, Mumbai
JP Codename Matunga Origins ₹ 3 Cr - ₹ 4.32 Cr
  • Mumbai South, Mumbai
K Raheja Sobo Residences Price On Request
  • Mumbai South, Mumbai
Godrej Trilogy ₹ 15.6 Cr - ₹ 26 Cr
  • Mumbai South, Mumbai
Piramal Mahalaxmi ₹ 5.5 Cr - ₹ 14.03 Cr
  • Mumbai South, Mumbai
Ekta Vistabella ₹ 3.61 Cr - ₹ 7.05 Cr
  • Mumbai South, Mumbai
Adityaraj Pride ₹ 1.14 Cr - ₹ 1.14 Cr
  • Mumbai South, Mumbai
Runwal Timeless ₹ 1.55 Cr - ₹ 3.4 Cr
  • Mumbai South, Mumbai
Kalpataru Azuro ₹ 45 Cr - ₹ 71.98 Cr
  • Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Projects by Listing Rates, Transaction Count and Transaction Value

Premium residential developments in Cumbala Hill are commanding significant asking prices, reflecting their luxury positioning and prime locations. Shyam Niwas leads with a rate of ₹62,058 per sq ft, followed closely by Cumballa Crest at ₹52,256 per sq ft. Neelkanth Bhaveshwar Sagar is also a notable project, priced at ₹68,660 per sq ft, showcasing the high-value segment of the market.

  • Listing Rate
  • By Value
  • By Transaction
Project Name Rate (₹/sq.ft) Change %
Mistry Park 73,170 -
Hanuman Sharan Chs 68,730 0.4
Magnetic Turquoise 66,222 -
Sambhav Tirth Apartment 65,000 -
Pushpa Milan Cumbala 64,814 1.5
Pentacle Apartment 64,285 -
Jewellers Apartment 64,102 9.5
Shyam Niwas Chs 63,270 7
Sukh Shanti Chs Cumbala Hill 62,500 -9.1
Veena Happy Home Chs 61,529 -
Project Name Current Price (₹/sq.ft) Sale Value Change %
Neelkanth Bhaveshwar Sagar 68,660 ₹ 16.55 Cr -
Cumballa Crest 52,256 ₹ 14.65 Cr 18.3
Shyam Niwas 62,058 ₹ 13.66 Cr -
Valentina Apartment 68,376 ₹ 12 Cr -
Rewa Apartments 52,371 ₹ 7.2 Cr -
Shankar Mahal 52,048 ₹ 3.11 Cr -
Project Name Current Price (₹/sq.ft) Transactions Change %
Shyam Niwas 62,058 2 -
Cumballa Crest 52,256 2 18.3
Neelkanth Bhaveshwar Sagar 68,660 1 -
Valentina Apartment 68,376 1 -
Rewa Apartments 52,371 1 -
Shankar Mahal 52,048 1 -
Top Projects by Rental Rates

Premium rental projects in Cumbala Hill include Khatau Mansion, commanding ₹333 per sq ft, and Summer Ville at ₹314 per sq ft. Breach Candy Gardens shows strong rental performance with a 8.15% year-on-year increase, reaching ₹252 per sq ft, while Shankar Mahal Cumbala Hill saw a substantial 44.12% rise to ₹245 per sq ft.

Project Name Rate (₹/sq.ft) Change %
Khatau Mansion 333 -
Summer Ville 314 -
Kala Niketan Chs 260 -
Breach Candy Gardens 252 8.15
Kanchanjunga Apartment Cumbala Hill 250 -
Shankar Mahal Cumbala Hill 245 44.12
Rewa Apartments 242 7.56
Gulistan Chs 235 -
Sukh Shanti Chs Cumbala Hill 213 -
Peacock Palace Cumbala Hill 211 -
Top Developers in Mumbai
Godrej leads in Mumbai with 43 projects and 29 years of experience.
DLF
Godrej ₹ 1.07 Cr - ₹ 87.92 Cr
  • 43 Projects
  • 29 Years
DLF
Sambhav Group
  • 2 Projects
DLF
Magnetic Properties
  • 1 Projects
Top Developers by Transaction Count

Premium residential developments in Cumbala Hill are commanding significant asking prices, reflecting their luxury positioning and prime locations. Shyam Niwas leads with a rate of ₹62,058 per sq ft, followed closely by Cumballa Crest at ₹52,256 per sq ft. Neelkanth Bhaveshwar Sagar is also a notable project, priced at ₹68,660 per sq ft, showcasing the high-value segment of the market.

  • By Transaction
Developer Transactions
Neelkanth 1

Government Registration in Cumbala Hill, Mumbai

  • Sales Transactions39
  • Gross Sales Value₹ 264 Cr
  • Registered Rate₹ 62,350 /sq.ft

Official registration data reveals robust transaction activity in Cumbala Hill between May 2025 and April 2026, with 39 transactions totaling ₹264 Cr. The average registered rate was ₹62,350 per sq ft. Developer Neelkanth has shown activity, and projects like Shyam Niwas and Cumballa Crest have seen multiple transactions, indicating buyer interest.

Recent Registered Transactions in Cumbala Hill

Date Floor/Unit Tower/Wing Area Value Rate/Sq.Ft.  
2025-11-11 Floor 6, Unit 62 N/A 870 Sq.Ft. 🔒 🔒
2025-11-10 Floor 2, Unit 10 1 1200 Sq.Ft. 🔒 🔒
2025-10-31 Floor 3, Unit 34, 35 N/A 1755 Sq.Ft. 🔒 🔒
2025-10-10 Floor 2, Unit 205 A 971 Sq.Ft. 🔒 🔒
2025-09-26 Floor 8, Unit 801 N/A 1570 Sq.Ft. 🔒 🔒
2025-09-26 Floor 1, Unit 7 N/A 625 Sq.Ft. 🔒 🔒
2025-09-06 Floor 3, Unit 32 N/A 1812 Sq.Ft. 🔒 🔒
2025-09-05 Floor 4, Unit 26 N/A 648 Sq.Ft. 🔒 🔒
2025-08-29 Floor 6, Unit 6B N/A 700 Sq.Ft. 🔒 🔒
2025-08-29 Floor 6, Unit 603 N/A 1620 Sq.Ft. 🔒 🔒

Property Rental Trends in Cumbala Hill, Mumbai

Rental Trends by Unit Type

Cumbala Hill's rental market shows distinct pricing across different unit types. Two-bedroom apartments (2 BHK) are averaging ₹2.23 Lakh per month, while three-bedroom apartments (3 BHK) command higher rents at ₹3.63 Lakh per month, reflecting demand for larger living spaces.

Unit Type Rate (₹)
2 Bhk 2,23,387
3 Bhk 3,63,333
Rental Trends by Nearby Localities

Rental rates vary across Cumbala Hill's sub-locations, with Malabar Hill leading at ₹234 per sq ft and Breach Candy following at ₹221 per sq ft. Kemps Corner shows a significant year-on-year increase of 21.15% in rental rates, reaching ₹189 per sq ft, while Tardeo also experienced growth with rates at ₹202 per sq ft.

Locality Rate (₹/sq.ft) Change %
Breach Candy 221 1.84
Gowalia Tank 133 -
Peddar Road 197 1.55
Kemps Corner 189 21.15
Altamount Road 208 -
Tardeo 202 10.99
Gamdevi 176 -
Babulnath 153 -
Grant Road 182 -
Malabar Hill 234 -0.85
Rental Trends by Property Type

Apartments are the dominant property type for rentals in Cumbala Hill, averaging ₹227 per sq ft. This segment has experienced a slight decrease of -0.87% year-on-year, suggesting a stable yet competitive rental market for apartments.

Property Type Rate (₹/sq.ft) Change %
Apartment 227 -0.87
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