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Achelous

Ready building · resale & lease in Chembur

Chembur, Near Acres Club

Sold Out Residential

Quick facts

Price
₹12,000/sq.ft
Possession
Mar 2013
Status
Sold Out
Floors
13
Type
Residential
Zone Avg Rate
₹30,881/sq.ft · 219 projects
Developer
Sippy Housing
Location
Chembur, Near Acres Club

At a glance

swipe →
Area price trend
₹29,900/sq.ft
-16.7% since Q1 26 · asking rate for homes in Chembur
Who's looking
46 requests
People asked us for Chembur in the last 90 days — 18 to buy.

A first look at Achelous

Achelous is a ready residential building by Sippy Housing in Chembur, Mumbai. The building has 13 floors. It has 3 BHK flats. The indicative rate is about ₹12,000 per sq ft.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Building overview

Location

The address of Achelous is Chembur, Mumbai. Across 48 recent resale listings on MPE, homes in Chembur have a median asking rate of ₹31,300 per sq ft, and a 2 BHK typically rents for about ₹80,000 a month. Achelous is quoted around ₹12,000 per sq ft, 62% below that median.

Building facts

Achelous is a residential building by Sippy Housing with 13 floors, sold out. Completed: Mar 2013. Amenities on record include Grand entrance lobby, Gymnasium, POP finished walls, Granite Platform, Intercom/CCTV, False Ceiling, Fire Fighting System, Security Cabin, Water Geyser.

Configurations and prices

The price list covers 3 BHK (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Sippy Housing has 6 projects tracked on Mumbai Property Exchange. Other projects by the same developer include The Amazing, Silver Woods, Park Heights.

Buyer demand in Chembur

In the last 90 days, buyers and tenants registered 46 requirements for Chembur with Mumbai Property Exchange, 18 of them to buy and 4 specifically for 3 BHK homes.

Location
Chembur
Sub-Location
Near Acres Club
Status
Sold Out
Possession
Mar 2013 *
*Subject to RERA approvals. Verify on MahaRERA
Rate
₹12,000/sqft
Type
Residential
Floors
13

How prices stack up in Chembur

From MPE live listings · your own data
Resale
₹31,300/sq.ft
median · 48 listings
Rent
₹108.3/sq.ft/mo
2 BHK ~₹80,000/mo
Gross rental yield
4.2% / yr
rent vs resale value

Government circle rate here is ₹13,385/sq.ft — the market trades 134% above the official rate. Ready reckoner rates ›

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp

Building description

Building details

About the building

About the location

Building ratings

2.9
★ ★ ☆ ☆ ☆
Building
4.0
★ ★ ★ ★ ☆
Location
4.0
★ ★ ★ ★ ☆
Amenities
4.0
★ ★ ★ ★ ☆
Legal
4.0
★ ★ ★ ★ ☆
Value for Money

🏊 Amenities & Features (9 amenities)

Common (2)
🏢 Grand entrance lobby🏋️ Gymnasium
Interior (1)
🏠 POP finished walls
Kitchen (1)
🪨 Granite Platform
Special (1)
⭐ Intercom/CCTV
General (4)
✨ False Ceiling🧯 Fire Fighting System✨ Security Cabin✨ Water Geyser

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🧭 Building Compass

How far is Achelous from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

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🔄 Rent vs Buy

Should you rent or buy in Chembur? Compare monthly costs.

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Monthly Rent Cost
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Monthly Buy Cost (EMI)

Upcoming projects & infrastructure in Chembur

131 MahaRERA projects are due to hand over in Chembur between 2026 and 2030.

131
MahaRERA projects handing over in the next 5 years
in Chembur
₹30,400/sqft▼
typical asking price
easing this quarter
₹13,400/sqft
ready reckoner rate (government)
2025-26 · stamp duty is charged on the higher of this and the deal value
New projects in Chembur by possession year
13
2026
57
2027
25
2028
17
2029
19
2030

Supply is not evenly spread — one year carries almost half of it.

📜 1,012 registered transactions (IGR) on record in Chembur. Fresh registration data can be procured, subject to our discussion and engagement. Take an informed approach — know the right value, don't just get swayed by the marketing guys!
Ask for registered transactions ›
Questions about Chembur prices?

Ask on WhatsApp — we answer right in the chat with live asking prices, listings and registered sales for Chembur, then an advisor calls about your budget and configuration.

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings (Google Meet, Teams or WhatsApp video), the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Achelous located?

Achelous is in Chembur, Mumbai.

Are flats available in Achelous right now?

No flats are listed in Achelous on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

What configurations does Achelous have?

Achelous has 3 BHK flats.

Who is the developer of Achelous?

Sippy Housing, with 6 projects tracked on Mumbai Property Exchange.

What configurations are available at Achelous?

Achelous offers 3 BHK configurations.

What is the price per sq.ft. at Achelous?

The last known price per sq.ft. at Achelous was ₹12000 (historical; project is sold out/delivered).

When is the possession date for Achelous?

Achelous is ready — Ready possession (delivered Mar 2013).

How many new projects are coming up in Chembur?

131 MahaRERA-registered projects in Chembur are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What amenities are available at Achelous?

Achelous offers amenities including Grand entrance lobby, Gymnasium, POP finished walls, Granite Platform, Intercom/CCTV, False Ceiling, Fire Fighting System, Security Cabin, and more.

📊 Property Rates in Chembur

₹12,000/sqft
This Project Rate
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🏘️ Properties in Chembur

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Sandeep Sadh, founder of Mumbai Property Exchange
Advice from Sandeep Sadh, founder of Mumbai Property Exchange — in Mumbai real estate since 1995.
MahaRERA registered agent A51800043517 · independent advice on new projects, resale and leasing
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Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-03-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.

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