Chembur, once an industrial hub, has transformed into one of Mumbai’s top residential destinations. Over the past decade, it has evolved into a prime real estate hub, offering premium apartments, gated communities, and modern amenities.
Ongoing infrastructure upgrades drive the rapid growth of Chembur’s real estate market. Projects like the Eastern Freeway, Santacruz-Chembur Link Road (SCLR), Monorail, and the upcoming Metro Line 2B have significantly improved connectivity and accessibility.
As demand for premium housing rises, leading developers continue to launch modern residential and commercial projects, which we will explore in this blog.
Chembur is on its way to becoming Mumbai's leading real estate destination because it delivers the best combination of connectivity, lifestyle appeal and substantial investment opportunities.
Here’s why it will be beneficial to invest in upcoming properties in Chembur:
The strategic positioning of Chembur coupled with excellent access to other areas enhances the property values. Daily business district commutes become easier because this area maintains excellent accessibility to major business facilities.
Luxury residential development in Chembur continues to grow rapidly because well-established developers have released upscale townships with gated residential communities.
Some key highlights include:
Read Also: The Transformation of Chembur: From Industrial Hub to Luxury Destination
Residential luxury housing projects coexist with commercial zones and mixed-purpose developments throughout the area. Premium residential and business development in the suburb triggers leading developers to introduce new projects which match modern living requirements.
Leading developers present top-end residential developments with world-class amenities, smart homes and ecological features.
When the discussion is about luxury projects, it is incomplete without Rustomjee. Rustomjee Basant Park and the upcoming Rustomjee Golf are premium residences in Chembur. From high-end security to the best amenities, these properties are not just homes but a complete lifestyle package.
People can choose from 3, 4 and 5 BHK flat options available at these residences. The strategic location of properties further attracts buyers, as comfort is the primary criterion for homebuyers.
The convenient position of Chembur near BKC, Eastern Express Highway and Navi Mumbai makes it rise as a corporate centre. The region attracts builders who establish high-end office buildings, IT parks, co-working facilities with contemporary infrastructure, fast connectivity and business-centric amenities.
Not only is it a great place for career growth, but its shopping malls, restaurants, and entertainment hubs also create job opportunities. This attracts businesses, professionals, and families alike, driving high demand and property value appreciation.
Residential complexes with commercial facilities and retail stores are rapidly becoming popular across the area of Chembur. Such township projects allow a smooth integration of work and personal life by combining business offices with shopping markets, entertainment areas and exclusive residential units in the same community.
Read Also: Chembur Real Estate: Unlocking Its Investment Potential.
Here is an overview of real estate market trends in Chembur, together with assessments between Chembur and its neighbouring luxury housing centres: Powai and Ghatkopar.
In general, Chembur properties average at Rs. 20,559 per sqft. With prices ranging from Rs 10,000 to Rs 45,000 per sqft. A substantial 25.09% yearly rise has been recorded in the prices of properties in Chembur Colony after the year's passage.
Powai:
The luxury residential properties in Powai cost around Rs 24,650 per sqft. The combination of educational establishments such as IIT-Bombay along with IT hubs generates more investment opportunities in the area. Chembur has lower prices than its counterpart neighbourhood.
Ghatkopar:
The luxury residential properties in Ghatkopar East cost around Rs. 22,500 per sqft. Ghatkopar presents itself as an attractive investment spot as it maintains excellent connectivity while serving as a well-liked residential destination.
Chembur provides rental yield opportunities that stand equal to or better than those of other suburbs. Property owners can expect a 2.5% to 5% rental yield from their properties in Chembur, depending on location, amenities and other factors.
The expansion of Chembur depends fundamentally on metro line construction and road enhancement projects. Long-term investors find Chembur appealing because of affordability levels and new development initiatives in the area.
Chembur's transformation into a premium residential hub makes it one of Mumbai’s fastest-growing real estate markets. Investing in upcoming properties here offers excellent value, as modern infrastructure boosts the demand for luxury housing.
At Rustomjee, you’ll find the perfect blend of luxury and modern comfort in Chembur’s upcoming projects. Don’t miss this opportunity; connect with Rustomjee today and explore some of the luxurious residences in and around Chembur to turn your investment dreams into reality!
1.What type of distinct facilities are offered by upcoming projects in Chembur?
Upcoming projects in Chembur offer premium amenities like landscaped gardens, rooftop lounges, and state-of-the-art fitness centres. Residents can enjoy swimming pools, clubhouse facilities, and advanced security systems.
Additionally, these developments provide excellent connectivity and modern conveniences for a comfortable lifestyle.
2. How does Chembur compare to Powai for investment?
Both Chembur and Powai are suburbs and are close to the BKC hub, but properties in Chembur are more on the affordable side with modern amenities, while property prices are quite high in Powai.
The ROI in both locations is good enough, but the decision is subjective to buyers. Those looking for low-entry-price properties with good ROI should consider purchasing in Chembur, while those who want better rental yields and long-term property appreciation can invest in real estate in Powai.
3. Is Chembur suitable for families and working professionals?
Yes, Chembur offers a well-balanced lifestyle with top schools, healthcare facilities, entertainment hubs, and seamless connectivity to key business districts.
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