Chembur is a suburb located in the eastern part of Mumbai, India. It is one of the most popular and sought-after areas in the city due to its proximity to the airport, good connectivity, and well-planned infrastructure. Location: Chembur is situated approximately 10 kilometers from the Mumbai airport and has easy access to major roads like the Eastern Express Highway and the NH4 highway. Real Estate: The real estate market in Chembur is thriving, with a wide range of residential options available including apartments, houses, and plots. The average per sqft price of property in Chembur is around INR 25280. Price Trend: The property prices in Chembur have been consistently increasing over the years, with an average annual appreciation rate of 5-7%. This trend is expected to continue due to its strategic location and growing demand for housing. Important Data: * Average per sqft price: INR 25280 * Price appreciation: 5-7% per annum Key Highlights: • Proximity to the airport and good connectivity options • Well-planned infrastructure with wide roads, parks, and open spaces • Variety of residential options available including apartments, houses, and plots • Growing demand for housing due to its strategic location and affordability • Increasing prices driven by demand and limited supply