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Top 21 New Residential Projects in Chembur, Mumbai

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About Chembur, Mumbai

Chembur is a beautiful upmarket large suburb located in Central Mumbai and belongs to the Mumbai South Central parliamentary constituency. Prime areas, including Kurla, BKC, Trombay, Vidyavihar, Ghatkopar, Wadala, Mankhurd, Chunabhatti, and many others, are easily accessible by road and local trains from Chembur. With Vashi Bridge close by, Navi Mumbai is just a hop and skip away. The Eastern Freeway (toll-free!) passing through Chembur ensures that prime South Mumbai is only at arm's length.

Chembur has the distinction of having the first operational Monorail service for public transport in India. With many local and upscale eateries and hangout spots, Chembur remains vibrant culturally. Many gardens are accessible to the public.

Renowned developers such as Godrej Properties Ltd, Safal Group, Alag Group, Oswal Realty, Hubtown, STG Realty, and many others have taken a keen interest in the locality. Chembur is a gem in the real estate market in Mumbai, and some top-rated real estate properties located in Chembur are Centrio NX, AHCL Zynergy, Safal Sainath, Satra Harmony, and several others.

Why Should You Invest In Chembur?

The current price rate trend for properties in Chembur presents excellent opportunities for real estate investors and homebuyers to invest in! The initiating price rate for properties in this location is approximately Rs 9,340 sq ft, and the average price rate for these investment options is approximately Rs 21,060 sq ft. Over the last year, the rates of properties have witnessed an elevation of 5.03%. These price trends suggest that investing in this location is going to be highly profitable and will yield excellent returns.

Numerous well-known real estate developers have launched large projects with many amenities. Veena Serenity, Tricity, Godrej RKS luxury apartments, Tridhaatu Aranya, Oswal Heights, Ruparel Orion, Ruparel The Orion, and Raheja Acropolis are some of the important projects that have been recently completed or are near completion.

Chembur was in the news for the dismantling and record-breaking sale of the famous RK Studios to Godrej Properties. The former heart of shooting cinema and churning out fantasies has been transformed into dream houses.

Price Trend of Chembur

The following statistical data illustrates the price trend for properties in Chembur.

Years Average Price Rate Per Sq Ft (in Rs.)
2019 28,250
2020 25,910
2021 26,510
2022 27,355
2023 29,750

Disclaimer: The above-mentioned price rate trend is taken from several sources and does not reflect the actual price rate. Prices may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Chembur

1: Potential Returns

Over the past year, price rates have increased by approximately 12.5%; in the last 3 years, it went to 17.1%, and approximately 8.7% over the last 5 years. The price rate of builder floors in this location changed by approximately 8.5% in the last 1 year. Talking about the rental yield, it has witnessed a growth of around 2.1% for Chembur properties.

2: Prime Projects in the Area

  • Parth Shri Sai Lata CHS
  • Prabhav Arisha
  • Purva Clermont
  • Hubtown Seasons Czarnowo
  • Anchor 49 Elina
  • Concrete Sai Sansar
  • Spenta Alta Vista

3: Amazing Social Amenities

Schools Hospitals Restaurants
Edukidz International Shree Hospital Grand Central
Shree Narayan Guru Central School Apollo Hospital Ivy Restaurant and Banquets
New Model English High School Surana Sethia Hospital and Research Center Indian Kadhai
Ryan Global School Apollo Spectra Hospitals Tiger Tiger
JCBN International School Surana Sethia Hospital and Research Center Tea and Conversations

4: Connectivity in the Area

  • Chembur is very well connected by roads to numerous prime locations in Mumbai such as Andheri MIDC, BKC, Lower Panel, and others.
  • This location has a great public transport system with numerous buses, cabs, and auto-rickshaws that ease the daily transportation of residents.
  • Chembur has a railway station on Mumbai's Harbour Line. Chembur is also connected to the International Airport and Domestic Airport.
  • The upcoming Mumbai Metro Line 2 will connect Chembur and Diamond Garden, reducing travel time.
  • The monorail is a hassle-free mode of transportation.

5: Numerous Employment Opportunities

Numerous top-rated public industries, research centres, private industries, and organisations, such as Bhabha Atomic Research Centre, Tata Power, Tata Institute of Social Sciences, Hindustan Petroleum Corporation Limited, Bharat Petroleum in this area provide endless employment opportunities.

FAQs

What is the PIN code of Chembur?

Chembur primarily has a PIN code of 400071. Areas with PIN codes 400074 and 400094 also fall under Chembur.

What is Chembur famous for?

Chembur is a home for numerous East Indian Catholic Gaothans and a former refugee camp for Sindhis and Punjabis. Some top attractions in Chembur are the Fine Arts Cultural Centre, Shivaji Statue, Indikarting venue, Bombay Presidency Golf Club, and many others.

Is Chembur a good place to live?

Chembur is one of the best localities in Mumbai, as it offers numerous social amenities, top-class real estate properties, amazing connectivity to other prime locations, and much more. Swami Vivekanand English Pre-Primary and Primary School, Seven Rivers International School, Our Lady of Perpetual Succour High School, The Cottage-Luxury Corporate Hotel, and several others are some of the important places in Chembur. Some properties offering top-class amenities are Tridhaatu Morya, Hubtown Seasons Czarnowo, Oswal Heights, and many more.

What is the cost of living in Chembur?

For 1 BHK, the rent in Chembur is approximately ₹35,000 to ₹50,000; for 2 BHK, it's ₹50,000 to ₹1.1 Lac; for 3 BHK, it's ₹1.1 Lac to 2.5 Lac.

What are the current development projects in Chembur?

The current development projects in Chembur are:

What are the top schools in Chembur?

  • Edukidz International
  • Shree Narayan Guru Central Schoo
  • Our Lady Of Perpetual Succour High School
  • New Model English High School
  • JCBN International School
  • Seven Rivers International School
  • Swami Vivekanand English Pre-Primary and Primary School

What are the best hospitals in Chembur?

  • Ramabai Ambedkar Municipal Hospital
  • Shree Hospital
  • Surana Sethia Hospital and Research Center
  • Sushrut Hospital and Research Center
  • Sai Hospital
  • Zen Hospital
  • Apollo Hospital

What are the top restaurants in Chembur?

  • Grand Central
  • Pot Pourri
  • Le Cafe
  • Tiger Tiger
  • Giani's
  • East End Deli

What are some nearby petrol stations in Chembur?

  • Bharat Petroleum Corp Ltd
  • Indian Oil Petrol Pump
  • Bahri Auto Service
  • Hemant Automobile Service

What are the best gyms in Chembur?

  • UFO Fit
  • Kosmos Gym
  • AF-10
  • Kenzo Fitness.

What are the best shopping malls in Chembur?

  • Cubic Mall
  • K Star Mall
  • Phoenix Marketcity
  • Maxus Mall

What are the best hotels in Chembur?

  • Yogi Broadway
  • Hotel Jewel of Chembur
  • Hotel Maharana Inn Chembur
  • Club Emerald
  • The Fern Residency Mumbai

What are some nearby parks in Chembur?

  • Ambedkar Garden
  • Diamond Garden
  • DK Sandu Udyan
  • Gandhi Maidan

What are some top attractions in Chembur?

  • Thiruchembur Murugan Temple
  • Shivaji Statue

How many 1 BHKs are available in Chembur?

3 1 BHK flats are available in Chembur, including furnished and unfurnished.

How much does a 1 BHK cost in Chembur?

1 BHK in Chembur costs in the range of ₹78.2 Lac - ₹1.39 Cr.

What is the average size of a 1 BHK in Chembur?

The average size of a 1 BHK in Chembur is 421 sqft. to 552 sqft.

What is the rent of a 1 BHK in Chembur?

The rent of 1 BHK in Chembur lies in the range of ₹35,000 to ₹50,000.

How many 2 BHKs are available in Chembur?

2 2 BHK flats are available in Chembur.

How much does a 2 BHK cost in Chembur?

2 BHK in Chembur costs in the range of ₹1.4 Cr - ₹4.8 Cr.

What is the average size of a 2 BHK in Chembur?

The average size of a 2 BHK in Chembur is 675 sqft. - 1282 sqft.

What is the rent of a 2 BHK in Chembur?

The rent of 2 BHK in Chembur lies in the range of ₹55,000 to ₹80,000.

How many 3 BHKs are available in Chembur?

1 3 BHK flats are available in Chembur.

How much does a 3 BHK cost in Chembur?

3 BHK flats in Chembur cost in the range of ₹3.4 Cr - ₹6.8 Cr.

What is the average size of a 3 BHK in Chembur?

The average size of a 3 BHK in Chembur is 885 sqft. - 1582 sqft.

What is the rent of a 3 BHK in Chembur?

The rent of 3 BHK in Chembur lies in the range of ₹1.4 Lac - ₹2.8 Lac.

How many 4 BHKs are available in Chembur?

1 4 BHK flats are available in Chembur.

How much does a 4 BHK cost in Chembur?

4 BHK flats in Chembur cost in the range of ₹4.2 Cr - ₹8.3 Cr.

What is the average size of a 4 BHK in Chembur?

The average size of a 4 BHK in Chembur is 890 sqft. - 2100 sqft.

What is the rent of a 4 BHK in Chembur?

The rent of 4 BHK in Chembur lies in the range of ₹1.5 Lac - ₹3.9 Lac.

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