These are the latest property rates in Sion, Mumbai — the junction where the island city meets the central suburbs, wrapped around Sion station, the Eastern Express Highway and the Dharavi redevelopment belt — with configuration-wise price estimates, rental figures, and how Sion compares with nearby localities.
Commercial Property Rates in Sion
For Sale
On a carpet-area basis, from real listing examples. Sion Circle, the Eastern Express Highway service road and Dr Ambedkar Road carry the retail and small-office market; there is no organised Grade-A office cluster.
For Rent / Lease
Figures per sq.ft/month on a carpet-area basis, from real listing examples. The office and shop bands overlap; frontage and building grade drive the spread. Not Asraa Realty’s own commercial data.
Estimated Property Prices in Sion
These property rates in Sion reflect actual listed prices on a carpet-area basis, across Sion Circle, Sion East, Sion West, Sion Koliwada and the Pratiksha Nagar MHADA pockets.
The wide bands reflect Sion’s split stock — older MHADA and cessed buildings near the station and Koliwada sit well below the locality average, while ready branded towers such as Ahuja O2 (around ₹31,100/sq.ft) and redevelopment launches in Sion East trade above it.
Rental Rates in Sion
From independent market research, not Asraa Realty’s own rental listings. Gross yield in Sion is around 2.5% — on the low side, because sale values have run well ahead of rents on the strength of the Dharavi Redevelopment Project and BKC proximity. Furnished 2 BHK units near Sion Circle and Sion East fetch closer to ₹70,000–75,000/month.
Sion Property Price Trend
Earlier points derived from published appreciation data (+50.8%/5yr, +18.3%/3yr). Growth was strong through 2021–24 and has flattened over the last year (+3.6%), even as Sion East redevelopment stock ran ahead.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Sion 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.
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 Sion
No active Asraa Realty residential listing is currently confirmed as being in Sion specifically with a displayable price at time of research.
Localities Near Sion
| Locality | Rate | vs Sion |
|---|---|---|
| Matunga East | ₹49,000 | +29% |
| Dadar East | ₹46,000 | +21% |
| Sion (this locality) | ₹38,000 | — |
| Kurla West | ₹25,500 | -33% |
Rates for nearby localities are independently researched and cross-verified as of 7 September 2026. Sion sits below the island-city addresses immediately to its west (Matunga, Dadar) and well above the central-suburban stock to its north-east (Kurla).
Talk to an advisor about Property Rates in Sion, Mumbai (2026)
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Chat on WhatsApp or call +91 96199 73211About Sion
Sion (Sheev) is the historic boundary between Mumbai’s island city and its suburbs, in F/North ward. It wraps around Sion station on the Central Line, Sion Circle, and the start of the Eastern Express Highway and the Sion–Panvel Highway.
Its position is its main pricing story: quick access to BKC, Dharavi, Wadala, Chembur and the island city, plus the ₹3-lakh-crore Dharavi Redevelopment Project on its doorstep, keep demand steady even though the built stock is a mix of MHADA colonies, cessed buildings and Koliwada gaothan.
At around ₹38,000/sq.ft asking, Sion trades below the island-city addresses to its west (Matunga, Dadar) and well above the central-suburban belt to its north. Registered deals average lower — near ₹32,500–33,000/sq.ft — because so much of the market is older-society and MHADA stock.
Sion East, the GTB Nagar and Sion–Chunabhatti side, is the fastest-moving sub-market, up about 30% in a year on redevelopment launches, and averages closer to ₹44,400/sq.ft.
What Affects Prices in Sion
Frequently Asked Questions
Common questions about property rates in Sion, covering residential and rental figures.
What is the current property rate in Sion?
The average asking rate in Sion is around ₹38,000 per sq.ft carpet area (as of mid-2026), up about 3.6% over the last year and roughly 51% over five years.
An indicative transaction benchmark — a market estimate of what deals may actually close at, not independently verified — is around ₹33,000 per sq.ft. The government Ready Reckoner rate (built-up area) is estimated near ₹24,000 per sq.ft for the Sion zone.
What is the price range for a flat in Sion?
Based on current market listings, a 1 BHK in Sion is typically priced between ₹80 Lakh and ₹1.55 Cr, and a 2 BHK between ₹1.85 Cr and ₹3.30 Cr.
A 3 BHK spans a wide ₹3.30–5.50 Cr, with branded and redevelopment towers well above older MHADA and Koliwada stock.
Is Sion East more expensive than the rest of Sion?
Yes — Sion East (the GTB Nagar and Sion–Chunabhatti side) averages around ₹44,400/sq.ft, roughly 15–20% above the wider Sion average, and has appreciated about 30% in the last year on the back of redevelopment launches.
Older pockets near the station, Sion Koliwada and Pratiksha Nagar trade below the locality average.
Why is rental yield in Sion so low?
Gross yield in Sion is around 2.5%. Sale values have climbed on redevelopment and BKC-proximity expectations faster than rents have, so the ratio has compressed.
Investors typically buy in Sion for capital appreciation and redevelopment potential rather than rental return.
What are commercial property rates in Sion?
Commercial (office and shop) space in Sion sells for roughly ₹18K–35K/sq.ft carpet and leases for about ₹90–350/sq.ft per month, depending on grade, floor 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 locality on 7 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.
Sion’s registered-deed averages read lower than asking rates (near ₹32,500/sq.ft) because a large share of deals are older-society and MHADA transactions; the ₹33,000 benchmark is a filtered transaction estimate. The Ready Reckoner figure is an estimate for the Sion zone, pending the locality-level government rate.
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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