Property Rates in Sion East, Mumbai

Sion East, Mumbai, has experienced a generally upward trajectory in property prices over the past year. From June 2025 to March 2026, the location rate increased from ₹0 (data not available for June 2025) to ₹29,827 per sq ft. Notably, there was a dip from ₹28,675 per sq ft in September 2025 to ₹27,474 per sq ft in December 2025, before a strong recovery and appreciation to ₹29,827 per sq ft by March 2026. This pattern indicates a dynamic market with recent positive momentum.

As of March 2026, Sion East's average asking price of ₹29,827 per sq ft is positioned within a range of its neighboring micromarkets. Sion West has a slightly higher average rate of ₹31,746 per sq ft with no change, while Antop Hill shows a significant appreciation of 8.82% to ₹33,080 per sq ft. Conversely, Sion itself has seen a depreciation of 2.32% to ₹28,123 per sq ft. Bhakti Park commands a premium at ₹35,778 per sq ft, appreciating by 1.44%, indicating varied pricing dynamics across these closely located areas.

The average price for apartments in Sion East, Mumbai, was ₹29,827 per sq ft as of March 2026. This figure reflects an appreciation of 8.56% compared to the previous period. This indicates a positive trend for apartment values in the locality, suggesting sustained buyer interest or development activity.

In Sion East, Mumbai, property prices differ significantly based on construction status as of March 2026. 'Ready To Move' properties are priced at an average of ₹26,447 per sq ft, showing a depreciation of 4.13%. 'Under Construction' properties are slightly higher at ₹29,328 per sq ft, with a 1.72% appreciation. 'Partially Ready To Move' projects are the most expensive at ₹36,585 per sq ft, having appreciated by 8.48%. 'New Launch' properties are priced at ₹27,427 per sq ft with no change, and 'Well Occupied' properties are at ₹27,465 per sq ft, showing a slight depreciation of 0.24%.

As of March 2026, the projects with the highest listing rates in Sion East, Mumbai, include Sahas Apartment at ₹47,092 per sq ft, followed by Kalpataru Residency Mumbai at ₹45,168 per sq ft (which has depreciated by 1.71%), and Mittal Shanti Kunj at ₹43,834 per sq ft (down 3.61%). Other notable projects include Kalpataru Karma kshetra and Kalpataru Karmakshetra, both listed at ₹40,888 per sq ft, showing an appreciation of 10.83%.

As of March 2026, the average rental rate in Sion East, Mumbai, is ₹112 per sq ft. The area offers a rental yield of 4.51%. This yield indicates the potential return on investment for property owners through rental income relative to the property's capital value, suggesting a moderate income-generating potential for real estate investments in the locality.

In Sion East, Mumbai, rental rates vary by BHK configuration as of March 2026. A 1 BHK apartment typically commands an average rent of ₹58,333 per month. For a 2 BHK apartment, the average rent increases to ₹61,250 per month. Larger 3 BHK apartments are rented at a significantly higher average of ₹1.75 Lakhs per month. These figures highlight a progressive increase in rental demand and value with larger unit sizes.

Rental rates in micromarkets surrounding Sion East, Mumbai, show considerable variation. As of March 2026, Wadala Truck Terminal has the highest average rental rate at ₹183 per sq ft, appreciating by 2.81%. Bharatiya Kamala Nagar is also premium at ₹155 per sq ft. Matunga East offers rentals at ₹149 per sq ft, showing a substantial 11.19% appreciation. In contrast, Sion itself has a lower average rental rate of ₹102 per sq ft, having depreciated by 1.92%, and Antop Hill is at ₹117 per sq ft, with a notable depreciation of 9.3%.

As of March 2026, the top projects in Sion East, Mumbai, for rental income include Kalpataru Residency Mumbai, which has a current rental rate of ₹147 per sq ft. Following closely are Shree Ganesha Society at ₹136 per sq ft and New Kailash Bhawan CHS at ₹135 per sq ft. Other projects like Gurudatta CHS Sion East and Sheth Beaumonte are both listed at ₹130 per sq ft, indicating premium rental demand in these specific developments.

As of March 2026, the average asking price in Sion East, Mumbai, is ₹29,827 per sq ft. In contrast, the Government Registration Rate is significantly lower at ₹20,650 per sq ft, based on transaction data from May 2025 to April 2026. This substantial difference suggests that the market is currently transacting at prices considerably higher than the government's benchmark rates, which is common in many real estate markets.

In Sion East, Mumbai, 'Ready To Move' properties are priced at an average of ₹26,447 per sq ft as of March 2026, indicating a depreciation of 4.13%. 'Under Construction' properties, however, are priced higher at ₹29,328 per sq ft, with a 1.72% appreciation. This suggests that while 'Ready To Move' units have seen a slight price correction, newer developments under construction are commanding higher rates, potentially reflecting future growth expectations or ongoing development costs.