Jeevan Usha Sold Out in Chembur
Jeevan Usha in Road No.21, Near Ambedkar Garden, Opp. Geeta Bhavan Resturant, Chembur by Damji Shamji Shah and Co is a sold out 2, 3 & 4 BHK residential project at ₹16,650/sq ft. Ready resale 2 BHK flats in Chembur ask a median ₹30,222 per sq ft carpet. Updated 6 Mar 2026.
📍 Road No.21, Near Ambedkar Garden, Opp. Geeta Bhavan Resturant, Chembur · by Damji Shamji Shah and Co
Jeevan Usha is a sold out residential project by Damji Shamji Shah and Co at Road No.21, Near Ambedkar Garden, Opp. Geeta Bhavan Resturant, Chembur. The configurations on record are 2, 3 & 4 BHK. Project facts and property enquiries for Jeevan Usha, Chembur. Recorded developer status is separate from resale and rental availability; reconfirm each listing.
Mumbai Property Exchange (MahaRERA agent A51800043517) · Real Estate Mumbai · since 1995
Jeevan Usha: price, rent, infrastructure and growth
| Measure | Figure | What it means |
|---|---|---|
| Project pricing | ₹16,650 /sq ft | Developer rate on record. Confirm the carpet basis and current price list. |
| Chembur micro-market rate | ₹32,288 /sq ft | Resale median across 37 live Chembur listings; middle half ₹29,870–₹40,000. This project asks 48% less than resale. |
| Rent potential | ₹111 /sq ft a month | Median asking rent in Chembur, 62 live listings. At the project rate that is about 8.0% gross a year before costs. |
| Scope of capital appreciation | Good | Because of: priced close to (or below) ready resale; rental yield around 8.0%. Our reading of the figures above, not a forecast or advice. Speak to our team before you invest. |
About these comparisons
There are not enough recent, comparable observations to publish a rental estimate for this project's recorded configurations. Comparisons use listing verification recorded within 90 days, exclude approximate carpet areas and collapse matching building/configuration/price/area records. Each reported configuration needs at least five observations. This does not certify availability; reconfirm the unit and measurement. Gross yield is omitted because the project price basis and date have not been independently matched.
The resale market Jeevan Usha competes with
10 recent 2 BHK residential asking-price observations in Chembur: median ₹2.2 Cr, or ₹30,222 per sq ft of carpet. The middle half asks ₹28,746–₹33,750 per sq ft. These are listing observations, not unique homes or registered transactions.
Where Chembur prices are moving
Real Estate Mumbai's Chembur price index reads 87.9 for Nov 2026 (base 100), a median asking ₹30,364 per sq ft across 36 listings, up 0.0% on the month. By configuration: 2 BHK ₹29,870, 3 BHK ₹30,857 per sq ft.
| Month | Median asking ₹/sq ft | Index | m/m | Listings |
|---|---|---|---|---|
| Nov 2026 | ₹30,364 | 87.9 | +0.0% | 36 |
| Oct 2026 | ₹30,364 | 87.9 | -12.7% | 39 |
| Sep 2026 | ₹34,783 | 100.6 | -0.8% | 75 |
| Aug 2026 | ₹35,076 | 101.5 | +1.5% | 62 |
| Jul 2026 | ₹34,559 | 100.0 | — | 120 |
Real Estate Mumbai price index, computed monthly from live asking prices in Chembur (base 100). Asking, not registered, prices.
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Listed resale and rental options. Reconfirm availability before arranging a viewing. 2, BHK and larger first.
About Jeevan Usha
This is one of the project developed by Damji Shamji Shah and Co. and enjoys an exclusive surrounding.
Amenities
Connectivity
Next steps — clarity before you step out
Want the other side of the argument? Ask for our second opinion on WhatsApp — Jeevan Usha against the ready homes above, for your budget.
Jeevan Usha — the questions investors ask
What is the price of Jeevan Usha, Chembur?
What are comparable resale asking prices in Chembur?
Are prices in Chembur rising?
What can I buy in Chembur today instead?
How do I get the price list or a site visit for Jeevan Usha?
Who is the builder of Jeevan Usha?
What is the possession status of Jeevan Usha?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 06 Mar 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Jeevan Usha
Road No.21, Near Ambedkar Garden, Opp. Geeta Bhavan Resturant, Chembur · Damji Shamji Shah and Co