New Launch - India Real Estate Report 2026.

Chembur

Avg rate icon

Avg. Rate

15,941/sq. ft

Locality rating icon

Locality Rating

9.6/10

Chembur, a well-established suburb in East Mumbai's Harbour region, has evolved from a quiet residential enclave into a bustling urban hub, driven by the presence of major public and private institutions such as Bhabha Atomic Research Centre (BARC), Tata Power, and Hindustan Petroleum Corporation Limited. These industrial anchors have not only created employment opportunities but also accelerated infrastructural development, making Chembur a key node in Mumbai’s eastern corridor. The area has witnessed steady real estate growth, with over 319 residential and commercial projects offering a mix of mid-rise and high-rise apartments catering to diverse buyer segments. Strategically located along the Eastern Express Highway, Chembur enjoys seamless connectivity to South Mumbai, Navi Mumbai, and the western suburbs. The suburb is served by both the Chembur Railway Station on the Harbour Line and the Chembur Monorail Station on Line 1, while the upcoming Chembur Metro Station on Line 2 (Dahisar–Mankhurd) promises to further enhance regional access. Proximity to the Mumbai International Airport—just a 15-minute drive—adds to its logistical appeal for frequent travelers and professionals. Residents benefit from a well-developed ecosystem of healthcare, education, and retail, with institutions like Sushrut Hospital & Research Centre, Zen Multi Speciality Hospital, and Apollo Spectra providing quality medical care. Leading schools such as St. Anthony’s High School and Podar International School serve the academic needs of families, while shopping options include K Star Mall and Cubic Mall. Despite rising property prices, with an average 2BHK unit priced at Rs. 1.6 crore and per sq. ft. rates around Rs. 25,797, Chembur remains a preferred choice for those seeking a balanced urban lifestyle in East Mumbai.

Region

Eastern Suburbs

City

Mumbai

District

Mumbai

State

Maharashtra

Pincode

400071

Population

3,00,000

Schools

5

Nearest Airport

Chhatrapati Shivaji Maharaj International Airport (BOM)

Neighbourhood Insights byPulse AI Logo

Locality price index icon

The Good

The go-to malls located in and around Chembur are K Star Mall, and Cubic Mall.

Chembur enjoys excellent connectivity with the rest of the city. The proposed Chembur Metro Station on Line 2 (Dahisar – Mankhurd)is expected to improve connectivity to the area.

Chembur has many hospitals like Zen Multi Speciality Hospital, Apollo Spectra Hospital and Wockhardt Hospital.

Chembur Railway Station on Harbour Line caters to the area. It also has Chembur Monorail station on Line 1 of Mumbai Monorail.

The Mumbai International Airport is around 15-minute drive from the locality. T

Locality price index icon

The Bad

Traffic congestion during peak hours

ChemburNear Chembur, Eastern Suburbs, East Zone, Mumbai
GovandiNear Chembur, Eastern Suburbs, East Zone, Mumbai

Aurum Price Index for Chembur

1BHK2BHK3BHKAll

Normalized to 100 · Oct 2020 baseline

Timeline

Aurum Price Index is based on 10 parameters:

Property Listing Trends

(12%)

RERA Inventory & Sales Velocity

(13%)

IGR Transaction Data

(15%)

Rental Yield

(10%)

Pollution & Environment

(08%)

Infrastructure & Connectivity

(13%)

Social Infrastructure

(08%)

Crimes & Safety

(08%)

Political Stability

(06%)

Corruption & ease of doing business

(07%)

Rates and Trends

Upper PriceAverage PriceLower Price

Timeline

Average Rate

15,941/sq. ft

Average Price Range

8,15031,050

Trend (5Y)

57.9%

Nearby Neighborhoods

Govandi

Govandi is a well-established mid-segment locality in East Mumbai’s Eastern Suburbs, falling under the East Zone with PIN code 400088. Strategically located between Chembur and Mankhurd, it serves as a vital transit node on the Harbour Line of the Mumbai Suburban Railway, making it a key commuter hub for eastern suburbs. The area has seen steady infrastructural development, with improved road access via the Eastern Freeway and the upcoming Chembur-Mankhurd Link Road, enhancing connectivity to business centers like Vikhroli and Powai. Real estate in Govandi offers relatively affordable options compared to other parts of Mumbai, with an average 2BHK price of ₹1.63 crore and average price per sq ft at ₹30,541. With 23 active residential projects, the locality attracts budget-conscious homebuyers and investors seeking value in a well-connected area. The mix of old housing societies and newer developments reflects its gradual urban transformation. Govandi is home to key institutions like the Tata Institute of Social Sciences (TISS), adding academic prestige to the area. Healthcare access is robust, with Apollo Hospitals nearby, while public transport remains convenient through Govandi Railway Station, Jagruti Nagar Metro Station, and multiple bus depots. Despite ongoing development, the locality retains a working-class character with growing middle-class appeal.

Avg. Rate

12,937/sq. ft

Locality Rating

8.8/10

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Kurla

Kurla, located in East Mumbai’s Eastern Suburbs, is a well-established and rapidly transforming neighborhood on the southern tip of Salsette Island, bordered by the Mithi River to the west. Historically an industrial and transit hub, Kurla has evolved into a mixed-use locality with dense residential pockets, commercial centers, and light industrial zones, making it a vital node in Mumbai’s urban fabric. The area is strategically positioned with excellent connectivity via the Central and Harbour lines of the Mumbai Suburban Railway, with Kurla Railway Station serving as a major interchange point. This rail access, combined with proximity to key road arteries like the Western Express Highway and the Eastern Freeway, ensures seamless movement to South Mumbai, Navi Mumbai, and the airport. Kurla’s real estate market reflects its desirability, with a mix of older chawls, mid-rise apartments, and new premium developments. With an average 2BHK price of ₹1.04 crore and average price per sq ft at ₹16,658, the area attracts both end-users and investors, supported by the presence of modern malls, schools, and healthcare facilities enhancing its livability.

Avg. Rate

10,196/sq. ft

Locality Rating

9.5/10

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Frequently Asked Questions

The information provided on this page is collated from publicly available resources. PropTech Pulse does not guarantee the accuracy, completeness, or authority of this data and shall not be held liable for any discrepancies. For queries or further assistance, please contact us at pulse@aurumproptech.in

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