Property Rates in Sion, Mumbai 2026

Property prices in Sion have shown a mixed trajectory throughout the recent quarters. According to data from June 2026, the location rate reached ₹28,750 per sq ft, up from ₹28,100 per sq ft in March 2026. Prior to this, the rate saw a slight dip from ₹28,550 per sq ft in December 2025 to ₹28,100 per sq ft in March 2026, indicating a fluctuating market environment that investors and end-users should monitor closely.

Property rates in Sion vary significantly when compared to its immediate surroundings. As of June 2026, Sion East commands an average asking price of ₹29,850 per sq ft, which has appreciated by 8.56% compared to the prior period. In contrast, areas like Antop Hill are priced at ₹33,100 per sq ft, reflecting a 5.24% depreciation, while more affordable options like Kurla East are available at ₹24,350 per sq ft, which has seen a notable appreciation of 11.8%.

As of June 2026, Ready To Move properties in Sion are priced at an average of ₹28,500 per sq ft, having appreciated by 6.98% over the comparison period. Meanwhile, Under Construction projects are currently averaging ₹30,050 per sq ft, showing stable growth with a 0.05% appreciation. This slight premium for under-construction units often reflects the appeal of modern amenities and newer building standards in the current market.

The average rental yield in Sion is currently 4.36% as of June 2026, providing a clear indicator of the income-generating potential for residential properties in the area. With an average rental rate of ₹102 per sq ft, which has depreciated by 1.92% compared to the previous period, this yield helps investors balance capital appreciation against recurring rental income. A yield of this level is a key metric for those looking to assess the feasibility of buy-to-let investments in the locality.

Rental rates in Sion vary by unit size to accommodate different tenant profiles. As of June 2026, a Studio apartment typically rents for ₹18,000 per month, while a 1 BHK apartment averages ₹50,050 per month. For larger families, 2 BHK units command an average of ₹62,400 per month, and 3 BHK apartments are priced at an average of ₹83,150 per month. These figures offer a comprehensive guide for tenants and landlords to understand the current market demand across various housing segments.

Several projects in Sion stand out for their premium rental positioning as of June 2026. Kalpataru Harmony leads with a current rental rate of ₹142 per sq ft, followed by Avanti Apartment Sion at ₹139 per sq ft, and Ahuja O2 at ₹126 per sq ft. These projects, along with others like New Paras CHS at ₹125 per sq ft, maintain stable rental rates with 0% change recorded recently, highlighting their sustained demand and desirability among renters in the area.

As of June 2026, the real estate market in Sion shows notable transaction activity from several prominent developers. The Arihant Group leads with 3 recorded transactions, followed by Kalpataru and Lodha, each with 2 transactions. Mhada also maintains a presence in the market with 1 recorded transaction. This activity level serves as a signal of developer reliability and buyer preference within the locality.

The gap between the average asking price of ₹28,100 per sq ft and the Government Registration Rate of ₹21,300 per sq ft in Sion as of June 2026 is a critical data point for financial planning. While the asking price represents the current market sentiment and seller expectations, the Government Registration Rate serves as the baseline for stamp duty and registration fee calculations. Buyers should use both figures to understand the total cost of acquisition and to gauge the premium they may be paying over the government-assessed value.

Yes, property pricing in Sion is segmented by usage type as of June 2026. Shops are the most premium asset class, averaging ₹70,200 per sq ft with an appreciation of 8.72% over the comparison period. Office spaces follow at ₹32,250 per sq ft, showing a 1.97% appreciation, while residential apartments are priced at ₹28,750 per sq ft, having appreciated by 2.17%. This segmentation helps investors choose between commercial and residential assets based on their specific budget and return expectations.