Mumbai
Sion's property market showcases a blend of established residential growth and premium project developments, with average apartment rates settling at ₹28,800 per sq ft. Recent quarterly data indicates a stable pricing environment, while the rental sector maintains a healthy yield of 4.04% across various unit configurations. Government registration data highlights significant activity, with 316 transactions recorded that underscore the locality's continued demand. Developers like Arihant Group and Kalpataru are actively shaping the landscape through high-value projects that cater to diverse buyer segments. The combination of ready-to-move supply and new project launches ensures a consistent flow of investment opportunities for prospective homeowners and investors.
The average asking price in Sion is ₹28,800 per sq ft as of September 2026. This figure reflects an appreciation of 2.34% compared to the previous period, indicating a steady demand for residential properties in this locality.
As of September 2026, the average asking price in Sion is ₹28,800 per sq ft, which sits above the Government Registration Rate of ₹21,300 per sq ft. This gap between the market-driven asking price and the government-notified rate is a common observation in established urban pockets, reflecting the premium buyers are willing to pay for location and infrastructure.
The rental yield in Sion stands at 4.04% as of September 2026. For investors, this yield represents the annual rental income relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of an asset in this micro-market.
As of September 2026, rental rates in Sion vary by configuration: Studio apartments average ₹18,000 per month, 1 BHK units average ₹50,000 per month, 2 BHK units average ₹62,350 per month, and 3 BHK units average ₹83,050 per month. These figures help tenants and landlords understand the entry points for different housing needs in the area.
As of September 2026, property rates in Sion show distinct variations based on project status: Ready To Move properties average ₹30,650 per sq ft (appreciating by 7.49%), Under Construction projects average ₹35,950 per sq ft (appreciating by 19.63%), and New Launch projects average ₹29,650 per sq ft (appreciating by 2.71%). The significant appreciation in Under Construction units suggests strong buyer confidence in upcoming developments.
As of September 2026, premium rental projects in Sion include Kalpataru Harmony at ₹142 per sq ft, Avanti Apartment Sion at ₹139 per sq ft, and Ahuja O2 at ₹126 per sq ft. Notably, most of these top-tier projects have seen stable rental rates, with the exception of Lotus CHS Sion, which saw a depreciation of 5.22% compared to the previous period.
Rental rates in the vicinity of Sion show significant variance as of September 2026. While areas like G Block BKC and Bandra Kurla Complex command a premium at ₹250 per sq ft, other localities like Chunabhatti, Sion East, and Sion West average ₹100 per sq ft. Notably, GTB Nagar has seen an appreciation of 18.48%, while Chunabhatti experienced a depreciation of 9.9% over the same period.
Apartment prices in Sion averaged ₹28,800 per sq ft as of September 2026, marking an appreciation of 2.34% compared to the previous period. This positive trajectory highlights the sustained interest in apartment-style living within this locality.
As of September 2026, the most active developers in Sion based on transaction volume include Arihant Group with 3 transactions, followed by Kalpataru and Lodha, each with 2 transactions. Mhada also recorded 1 transaction, reflecting a mix of established private players and public housing activity in the area.
The price trend data in Sion for the period leading up to September 2026 shows a dynamic market. Buyers should observe that while the location rate was ₹28,800 per sq ft in June 2026, comparing these quarterly movements helps in identifying whether the market is currently in a phase of growth or consolidation, allowing for more informed timing of property purchases.
