Property Rates in Sion, Mumbai 2026

The average asking price in Sion is currently ₹28,100 per sq ft, which sits higher than the Government Registration Rate of ₹21,550 per sq ft. This gap between the market-driven asking price and the government-mandated registration rate is a key metric for buyers to consider when evaluating the total cost of acquisition and potential stamp duty implications.

Property rates in Sion have shown a mixed trajectory over the last year. As of June 2026, the location rate stands at ₹28,750 per sq ft, showing a shift from the ₹28,100 per sq ft recorded in March 2026. This movement indicates that while there are periodic fluctuations, the market remains active, and investors should monitor these quarterly shifts to time their entry or exit effectively.

As of June 2026, property prices in Sion vary significantly by asset class. Apartments are currently priced at an average of ₹28,750 per sq ft, which has appreciated by 2.17% over the relevant period. Meanwhile, office spaces are priced at ₹32,250 per sq ft, reflecting an appreciation of 1.97%, and shops command a premium at ₹70,200 per sq ft, having seen a notable appreciation of 8.72%.

As of June 2026, under-construction projects in Sion are priced at an average of ₹30,050 per sq ft, having seen a marginal appreciation of 0.05%. In comparison, ready-to-move properties are available at an average of ₹28,500 per sq ft, which has appreciated by 6.98% over the same period. This indicates that buyers are currently paying a premium for under-construction inventory, likely due to modern amenities or newer project specifications.

The average rental yield in Sion is 4.36% as of June 2026, with an average rental rate of ₹102 per sq ft. A rental yield of 4.36% provides a clear benchmark for investors to assess the income-generating potential of their property relative to the capital invested. While the average rental rate has depreciated by 1.92%, the yield remains a critical signal for those looking to balance long-term capital appreciation with steady monthly rental income.

Rental rates in Sion vary by unit size, catering to different tenant profiles as of June 2026. Studio apartments rent for an average of ₹18,000 per month, while 1 BHK units average ₹50,050 per month. For larger requirements, 2 BHK units command an average of ₹62,400 per month, and 3 BHK units are available at an average of ₹83,150 per month. These figures help tenants and landlords understand the prevailing market rates for specific living configurations.

As of June 2026, several projects in Sion lead the market in terms of rental rates per sq ft. Kalpataru Harmony tops the list at ₹142 per sq ft, followed by Avanti Apartment Sion at ₹139 per sq ft, and Ahuja O2 at ₹126 per sq ft. These premium rates are often driven by project-specific amenities, location advantages within Sion, and the quality of construction, which tenants are willing to pay for.

Lodha is currently the most active developer in Sion, recording 12 transactions, followed by Runwal with 4 transactions and Arihant Group with 3 transactions as of June 2026. High transaction volume for a developer often serves as a signal of buyer trust and project liquidity, which are essential factors for investors looking for stable assets in the locality.

Rental rates vary significantly across the vicinity of Sion as of June 2026. While many areas like Sion East, Sion West, and Antop Hill hover around ₹100 per sq ft, premium pockets like G Block BKC command significantly higher rates at ₹250 per sq ft, reflecting an appreciation of 17.21%. Conversely, areas like Chunabhatti and Antop Hill have seen rental rate depreciations of 7.92% and 7.69% respectively, highlighting the importance of micro-location analysis when choosing a rental property.