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Property Rates in Kemps Corner, Mumbai (2026)

These are the latest property rates in Kemps Corner, Mumbai — the junction where August Kranti Marg, Peddar Road and Nepean Sea Road meet at the top of Cumballa Hill, anchored by the Shreepati towers and Kemps Corner flyover — with price estimates, rental figures and how Kemps Corner compares with its neighbours.

Residential · Sale
₹80,000/sq.ft
blended asking rate
Older / Standard Stock
₹62K–78K/sq.ft
established buildings
Tall Towers & New
₹95K–1.3L/sq.ft
Shreepati & redeveloped
Rental Yield
~2.3–2.8%
gross
Indicative Transaction Benchmark₹62,000/sq.ft
Govt. Ready Reckoner (built-up area)~₹68,000/sq.ft (est., Cumballa Hill band)
PositionUltra-premium Cumballa Hill node
Appreciation+12.0% (1yr) · ~+18% (3yr) · ~+25% (5yr)
Asking, transaction, BHK 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 6 September 2026 · see full breakdown and sourcing below

Estimated Property Prices in Kemps Corner

2 BHK
market listings
₹5.50 – 9.00 Cr
3 BHK
market listings
₹9.00 – 18.00 Cr
4 BHK+
market listings
₹18.00 – 40.00 Cr+

These property rates in Kemps Corner split by building type. Older cooperative-society flats trade around ₹62,000–78,000/sq.ft carpet; independent research puts the average near ₹74,250, up about 12% over the last year.

The tall towers — Shreepati Arcade and the redeveloped stock — run ₹95,000–1,30,000. The ₹80,000 headline is a blend. A 2 BHK at Shreepati Arcade recently listed at ₹6.50 Cr.

Rental Rates in Kemps Corner

2 BHK
monthly rent range
₹1.40 – 2.50 L
3 BHK
monthly rent range
₹2.50 – 5.00 L
4 BHK+
monthly rent range
₹5.00 – 10.00 L

From independent market research, not Asraa Realty’s own rental listings. Named buildings such as India House, Sujata Apartment and Sukhmani anchor these ranges. Gross yield on property rates in Kemps Corner is a low 2.3–2.8%.

Kemps Corner Property Price Trend

₹82k ₹72k ₹62k 2021 ₹64.0k 2023 ₹68.0k 2025 ₹71.0k 2026 ₹80.0k↑ Asraa’s own tracking starts here

A steady rise, with a sharper move in the last year — independent data shows about +12% over twelve months as more tower and redeveloped stock traded.

Points are shaped from published appreciation data for property rates in Kemps Corner; the three- and five-year figures are approximate.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Kemps Corner 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) — in Kemps Corner a tall-tower unit and an older society flat can differ by half.

Estimated Value
₹10.54 Cr – ₹13.60 Cr
Low end: indicative transaction benchmark (₹62,000/sq.ft) · High end: asking rate (₹80,000/sq.ft)

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

Live Listings in Kemps Corner

No live Asraa Realty listings in Kemps Corner right now.

This is a small, tightly held market. Tell us what you’re looking for and we’ll reach out the moment a matching property comes up. Register your requirement →

Kemps Corner & Neighbouring Localities

LocalityRatevs Kemps Corner
Altamount Road₹1,10,000+38%
Malabar Hill₹95,000+19%
Nepean Sea Road₹85,000+6%
Kemps Corner (this locality)₹80,000

Altamount Road, Malabar Hill and Nepean Sea Road are all independently researched and cross-verified as of 6 September 2026.

Kemps Corner is the road junction that ties the Cumballa Hill cluster together. It trades just above Peddar Road (₹78,000) and just below Nepean Sea Road, with Altamount Road, one street away, setting the ceiling.

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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₹60.00 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹60.30 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value.

The Kemps Corner Ready Reckoner is estimated at around ₹68,000/sq.ft built-up, within the wider Cumballa Hill band and just below the adjoining Nepean Sea Road (₹80,926) and Walkeshwar Road (₹78,875) notified rates, frozen for FY 2026-27.

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, so a ₹68,000/sq.ft built-up figure works out to roughly ₹81,600/sq.ft on a carpet-area-equivalent basis.

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

About Kemps Corner

Kemps Corner is the road junction and shopping node at the top of Cumballa Hill, where August Kranti Marg, Peddar Road and the road up from Hughes Road meet, long marked by the Kemps Corner flyover and now by the Shreepati residential towers.

It is a compact, entirely residential and retail pocket — older cooperative-society buildings, a cluster of tall redeveloped towers, and a well-known high-street of boutiques and restaurants.

At about ₹80,000/sq.ft blended asking, property rates in Kemps Corner sit mid-pack in the Cumballa Hill cluster. Older stock trades ₹62,000–78,000; the tall towers run ₹95,000–1,30,000.

Independent research puts the average near ₹74,250, up about 12% over the last year. An indicative transaction benchmark is around ₹62,000/sq.ft, reflecting the weight of older-society deals in the registry.

Kemps Corner has no office market; its high street and the Shreepati towers are its defining features, along with proximity to Breach Candy Hospital and the sea front.

What Affects Prices in Kemps Corner

Tall redeveloped tower vs older society
Floor height & city / sea view
Building age & services condition
Redevelopment status of the society
Cooperative-society tenure & NOCs
Traffic & noise at the junction
Walk to the high street & hospitals
Exact building & unit

Frequently Asked Questions

Common questions about property rates in Kemps Corner, covering residential and rental figures.

What is the current property rate in Kemps Corner?

The blended asking rate for property rates in Kemps Corner is around ₹80,000 per sq.ft carpet area (as of mid-2026). Independent research puts the average near ₹74,250, up about 12% over the last year.

Older society flats trade ₹62,000–78,000, while the tall towers such as Shreepati run ₹95,000–1,30,000. An indicative transaction benchmark is around ₹62,000 per sq.ft.

How does Kemps Corner compare with the rest of Cumballa Hill?

On a blended basis Kemps Corner sits mid-cluster — a little above Peddar Road (₹78,000), a little below Nepean Sea Road (₹85,000), and well below Altamount Road (₹1,10,000), which is one street away.

Its tall towers, however, overlap the lower end of the Altamount and Nepean Sea Road ranges.

What is the price range for a flat in Kemps Corner?

Based on current market listings, a 2 BHK in Kemps Corner is typically ₹5.50–9.00 Cr, a 3 BHK ₹9.00–18.00 Cr, and a 4 BHK or larger anywhere from ₹18.00 Cr upwards on a carpet-area basis.

A 2 BHK at Shreepati Arcade recently listed at ₹6.50 Cr.

What is the average rent in Kemps Corner?

Based on independent market research, monthly rent runs roughly ₹1.40–2.50 Lakh for a 2 BHK, ₹2.50–5.00 Lakh for a 3 BHK, and ₹5.00–10.00 Lakh for a 4 BHK or larger. Gross yield is a low 2.3–2.8%.

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 locality on 6 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. Kemps Corner is a two-tier market: older cooperative-society stock at ₹62,000–78,000/sq.ft and tall redeveloped towers at ₹95,000–1,30,000; the ₹80,000 headline is an indicative blend.

The one-year figure (about +12%) is from independent registry-linked data; the three- and five-year figures are approximate, in line with the wider Cumballa Hill cluster.

The Ready Reckoner shown is an estimate for the Cumballa Hill zone. Use the enquiry form above for a precise, property-specific estimate.

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