Property Rates in Sion, Mumbai

As of Mar 2026, the average asking price in Sion is ₹28,123 per sq ft, while the Government Registration Rate is ₹20,631 per sq ft. This indicates a significant difference, with asking prices being approximately 36% higher than the registered rates. This gap suggests that actual transaction values might be lower than initial asking prices, or that registration rates do not fully capture the market's current valuation.

Within Sion, property prices vary significantly across micromarkets as of Mar 2026. Sion West shows the highest average rate at ₹31,746 per sq ft with no change, followed by Antop Hill at ₹33,080 per sq ft, which has appreciated by 8.82%. Sion East averages ₹29,827 per sq ft, appreciating by 4.02%. In contrast, Dharavi has the lowest average rate at ₹19,117 per sq ft, remaining stable, and Kurla East averages ₹24,343 per sq ft, depreciating by 3.23%.

As of Mar 2026, the average price for apartments in Sion is ₹28,123 per sq ft, which has depreciated by 1.44%. Shops in Sion are priced significantly higher, averaging ₹64,579 per sq ft with a 1.31% appreciation. Office spaces in Sion command an average price of ₹31,631 per sq ft, showing a substantial appreciation of 22.52%.

As of Mar 2026, property prices in Sion vary by construction status. 'Well Occupied' properties have the highest average price at ₹38,997 per sq ft, though they have depreciated by 1.30%. 'Ready To Move' properties are priced at ₹26,636 per sq ft, showing a depreciation of 2.06%. 'Under Construction' properties are priced at ₹30,054 per sq ft, with a marginal appreciation of 0.02%, while 'New Launch' properties are priced at ₹25,096 per sq ft, experiencing a slight depreciation of 0.16%.

As of Mar 2026, Lodha New Cuffe Parade in Sion East has recorded the highest number of transactions with 7 units, despite a depreciation of 7.24% in its rate to ₹34,525 per sq ft. Following closely, Lodha Enchante, also in Sion East, had 5 transactions and its rate appreciated by 5.45% to ₹37,982 per sq ft. New Cuffe Parade and Lodha Estrella, both in Sion East, each recorded 3 transactions.

As of Mar 2026, Lodha New Cuffe Parade in Sion East leads in total transaction value at ₹23.67 Cr, despite a 7.24% depreciation in its rate to ₹34,525 per sq ft. Lodha Enchante, also in Sion East, follows with a total transaction value of ₹12.01 Cr and a 5.45% appreciation to ₹37,982 per sq ft. New Cuffe Parade, another project in Sion East, has a total transaction value of ₹11.07 Cr.

As of Mar 2026, projects in Sion are listed at premium rates, with Ruparel Maximum Mumbai showing the highest listing rate at ₹45,270 per sq ft, experiencing a 0.49% depreciation. Ruparel Regalia is listed at ₹45,192 per sq ft with a 0.66% depreciation, and Kalpataru Royale at ₹45,168 per sq ft with a 0.71% depreciation. These high listing rates suggest a focus on luxury segments within the area.

As of Mar 2026, Lodha is the leading developer in Sion by transaction volume, with 17 transactions recorded. Seth Creators follows with 3 transactions. Kalpataru, Mhada, KM Realty, and Ameya Group Mumbai each have 2 transactions, indicating a diverse range of developers active in the Sion market.

As of Mar 2026, the average rental rate in Sion is ₹102 per sq ft, with a rental yield of 4.35%. This yield suggests that property owners can expect an annual rental income equivalent to 4.35% of their property's capital value. This figure is a key metric for investors looking to understand the income-generating potential of properties in Sion relative to their purchase price.

As of Mar 2026, rental rates in Sion show a clear progression with the number of bedrooms. Studio apartments average ₹18,234 per month. For 1 BHK units, the average rent is ₹42,632 per month, increasing to ₹60,672 per month for 2 BHK apartments. The highest average rent is observed for 3 BHK apartments, which stand at ₹83,847 per month, reflecting increasing demand and space requirements for larger families.

As of Mar 2026, rental rates in Sion's micromarkets show variation. Sion East has an average rental rate of ₹112 per sq ft, appreciating by 1.82%. Sion West commands a higher average of ₹118 per sq ft with no change. Antop Hill averages ₹117 per sq ft, but has seen a significant depreciation of 9.30%. Chunabhatti averages ₹101 per sq ft, depreciating by 4.72%, while Kurla East averages ₹98 per sq ft, appreciating by 5.38%.

As of Mar 2026, Kalpataru Harmony in Sion leads with the highest rental rate at ₹142 per sq ft. Avanti Apartment Sion follows closely at ₹139 per sq ft. Ahuja O2 is listed at ₹126 per sq ft, and New Paras CHS at ₹125 per sq ft. These projects represent premium rental options within Sion, attracting tenants willing to pay a higher price for quality and amenities.

As of Mar 2026, the average rental rate for apartments in Sion is ₹102 per sq ft, which has depreciated by 1.92%. This contrasts with the overall average asking price for apartments in Sion, which is ₹28,123 per sq ft and has depreciated by 1.44%. The rental yield of 4.35% indicates the potential return on investment for property owners, balancing rental income against capital appreciation.