Property Rates in Sion East, Mumbai

The real estate market in Sion East is predominantly characterized by apartment properties, which currently hold an average asking price of ₹28,588 per sq ft. This segment has demonstrated positive momentum, experiencing a 4.05% appreciation in value. The consistency in pricing and growth in apartments underscores their stable demand within this Mumbai locality.

Sion East offers a diverse property landscape across various development stages. Ready To Move properties dominate the market with 84 available units, averaging ₹26,424 per sq ft, though they've seen a 4.21% price dip. Well Occupied units, numbering 27, are priced slightly higher at ₹27,669 per sq ft, with a modest 0.5% increase. For those seeking newer options, Under Construction projects average ₹29,328 per sq ft across 3 units, showing a 1.72% rise. Notably, Partially Ready To Move properties, despite having only 2 units, command a premium at ₹36,585 per sq ft, reflecting a significant 8.48% growth.

Sion East's average asking price of ₹28,588 per sq ft positions it competitively within its Mumbai Central Suburbs neighborhood. It offers a more accessible entry point compared to premium localities like Matunga East (₹48,987 per sq ft) and Matunga (₹49,125 per sq ft), or even Bhakti Park (₹36,632 per sq ft) and Antop Hill (₹34,908 per sq ft). The rates are quite similar to its namesake, Sion, which averages ₹28,441 per sq ft. Meanwhile, it commands a higher value than areas such as Dharavi, priced at ₹19,117 per sq ft, and Chunabhatti, at ₹26,777 per sq ft, making it a mid-range option with strong connectivity.