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Property Rates in Chinchpokli, Mumbai (2026)

These are the latest property rates in Chinchpokli, Mumbai — the Central Line station district between Lalbaug and Currey Road, in the middle of the Parel mill-tower belt — with configuration-wise price estimates, rental figures, and how Chinchpokli compares with nearby areas.

Residential · Sale
₹40,000/sq.ft
asking rate
Residential · Rent
₹40K–90K/month
1–3 BHK
Commercial · Sale
₹20K–40K/sq.ft
office / shop
Commercial · Rent
₹100–520/sq.ft/mo
office to shop
Indicative Transaction Benchmark₹28,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹21,000/sq.ft (est.)
CityMumbai
5yr / 1yr Appreciation~+27% / ~+2% (est.)
Asking, transaction, BHK, commercial and rental rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 8 September 2026 · see full breakdown and sourcing below

Commercial Property Rates in Chinchpokli

For Sale

Office / Shop
sale rate, per sq.ft
₹20K–40K

On a carpet-area basis, from real listing examples. Chinchpokli gets Grade-A office spillover from the adjacent Lower Parel belt and has mill-belt high-street retail; there is no separate office node of its own. Figures are indicative.

For Rent / Lease

Office
rent, per sq.ft/month
₹100 – ₹190
Shop / Showroom
rent, per sq.ft/month
₹220 – ₹520

Figures per sq.ft/month on a carpet-area basis, from real listing examples. Not Asraa Realty’s own commercial data.

Estimated Property Prices in Chinchpokli

1 BHK
market listings
₹1.35 Cr – ₹2.00 Cr
2 BHK
market listings
₹2.40 Cr – ₹3.80 Cr
3 BHK
market listings
₹4.00 Cr – ₹6.50 Cr

These property rates in Chinchpokli reflect actual listed prices on a carpet-area basis. Older cessed and chawl stock sits at the value end; newer branded and redeveloped towers trade well above the area average.

Rental Rates in Chinchpokli

1 BHK
avg. monthly rent
~₹40,000
2 BHK
avg. monthly rent
~₹62,000
3 BHK
avg. monthly rent
~₹90,000

From independent market research, not Asraa Realty’s own rental listings. Gross yield in Chinchpokli is around 2.7%.

Chinchpokli Property Price Trend

₹40k ₹35.8k ₹31.5k 2021 ₹31.5k 2023 ₹35k Sep '25 ₹39k Jun '26 ₹40k ↑ Asraa's own tracking starts here

Chinchpokli’s weighted apartment average sits near ₹40,000/sq.ft, tracking Lalbaug and roughly flat over the last year. The earlier points are estimated.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Chinchpokli to get an instant range, between the indicative transaction benchmark and the current asking rate.

Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.

Estimated Value
₹1.74 Cr – ₹2.48 Cr
Low end: indicative transaction benchmark (₹28,000/sq.ft) · High end: asking rate (₹40,000/sq.ft)

This is a quick estimate using this area’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.

Live Listings in Chinchpokli

No active Asraa Realty residential listing is currently confirmed as being in Chinchpokli specifically with a displayable price at time of research.

View all current listings in Chinchpokli →

Nearby Areas

LocalityRatevs Chinchpokli
Chinchpokli (this area)₹40,000
Lalbaug₹42,000+5%
Currey Road₹41,000+3%
Kalachowki₹34,000-15%

Rates for Mumbai areas are independently researched and cross-verified as of 8 September 2026.

Talk to an advisor about Property Rates in Chinchpokli, Mumbai (2026)

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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹14.88 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹15.18 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value (about ₹21,000/sq.ft built-up in Chinchpokli, on an estimated basis).

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area — Maharashtra’s own formula treats built-up area as carpet area × 1.20.

You can verify the current official Ready Reckoner rate and calculate exact stamp duty on the Maharashtra IGR government portal.

About Chinchpokli

Chinchpokli is a Central Line station district wedged between Lalbaug and Currey Road, in the middle of the Parel mill belt. Its market mirrors Lalbaug’s — redeveloped mill-land towers alongside a dense grid of chawls and cessed buildings.

At around ₹40,000/sq.ft, Chinchpokli tracks Lalbaug closely. The weighted apartment average sits near ₹40,000/sq.ft, roughly flat over the last year. Registered deals average lower, near ₹28,000, on the large old-stock component.

What Affects Prices in Chinchpokli

Central Line station & Lower Parel proximity
Parel mill-land tower belt
Central-Mumbai job-market access
Metro Line 3 & monorail nearby
Wide band between tower and chawl stock
Redevelopment of remaining chawls
Pocket & distance from the station
Building age & tower vs low-rise

Frequently Asked Questions

Common questions about property rates in Chinchpokli, Mumbai, covering residential and rental figures.

What is the current property rate in Chinchpokli?

The average asking rate in Chinchpokli is around ₹40,000 per sq.ft carpet area (as of mid-2026). An indicative transaction benchmark is around ₹28,000 per sq.ft, and the government Ready Reckoner rate (built-up area) is estimated near ₹21,000 per sq.ft.

What is the price range for a flat in Chinchpokli?

Based on current market listings, a 1 BHK in Chinchpokli runs roughly ₹1.35 Cr – ₹2.00 Cr, a 2 BHK ₹2.40 Cr – ₹3.80 Cr, and a 3 BHK ₹4.00 Cr – ₹6.50 Cr.

Is Chinchpokli a good rental investment?

Gross rental yield in Chinchpokli is around 2.7%. As with any single area, actual returns depend on the specific building, possession stage and timing.

How were these Chinchpokli rates worked out?

Chinchpokli’s weighted apartment average is near ₹40,000/sq.ft, tracking the adjacent Lalbaug belt, with registered deals near ₹28,000. Our ₹40,000 headline matches the portal figure, and the ₹28,000 benchmark and trend line are estimates.

What are commercial property rates in Chinchpokli?

Commercial (office and shop) space in Chinchpokli sells for roughly ₹20K–40K/sq.ft carpet and leases for about ₹100 – ₹190/sq.ft per month for offices and ₹220 – ₹520 for shops, depending on grade and frontage.

These figures are from real listing examples and are not Asraa Realty’s own commercial data.

Are these rates guaranteed, and how are they calculated?

No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.

Asraa Realty separately began recording its own monthly rate snapshot for this area on 8 September 2026. For an exact, property-specific figure, use the enquiry form above.

About Our Property Rate Data

Rates on this page — asking, transaction benchmark, Ready Reckoner, BHK and rental figures — are drawn from independent published research and government records, not generated by Asraa Realty.

All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement.

Chinchpokli’s weighted apartment average is near ₹40,000/sq.ft, tracking the adjacent Lalbaug belt, with registered deals near ₹28,000. Our ₹40,000 headline matches the portal figure, and the ₹28,000 benchmark and trend line are estimates.

Actual prices vary by building, floor, view, and negotiation, and are not a substitute for a professional valuation. Use the enquiry form above for a precise, property-specific estimate.

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