Property Rates in Adarsh Nagar, Mumbai 2026

Property prices in Adarsh Nagar have demonstrated a steady upward trend throughout 2026. The micromarket rate rose from ₹34,600 per sq ft in Dec 2025 to ₹34,900 in Mar 2026, reaching ₹35,900 in Jun 2026, and finally hitting ₹36,350 per sq ft in Sep 2026. This consistent quarterly growth suggests strong buyer confidence and sustained interest in this locality.

The current average asking price in Adarsh Nagar of ₹36,350 per sq ft (as of Sep 2026) is significantly higher than the Government Registration Rate of ₹16,900 per sq ft recorded between Nov 2025 and Oct 2026. This gap between market-driven asking prices and official registration values often reflects the premium commanded by modern amenities, location advantages, and current market sentiment in the area.

As of Sep 2026, the average rental rate in Adarsh Nagar is ₹115 per sq ft. This rate has depreciated by 4.96% compared to the previous period, which may indicate a temporary market correction or an increase in available rental inventory, providing potential tenants with more competitive options.

Rental costs in Adarsh Nagar vary by configuration to suit different tenant needs. As of Sep 2026, a 1 BHK apartment typically rents for ₹47,000 per month, a 2 BHK for ₹1 Lakh per month, and a 3 BHK for ₹1.35 Lakh per month. These figures provide a clear benchmark for both landlords setting expectations and tenants planning their housing budgets.

Rental rates in the vicinity of Adarsh Nagar show significant diversity, with areas like Shashtri Nagar, Yamnuna Nagar, Lokhandwala Complex, Andheri West, and Motilal Nagar commanding a premium at ₹150 per sq ft. Conversely, Mhada Colony, Oshiwara, Jogeshwari West, Best Nagar, and Manish Nagar offer more accessible entry points at ₹100 per sq ft. Notably, Mhada Colony has seen a significant appreciation of 21.05% in rental rates, while Shashtri Nagar experienced a depreciation of 22.16% over the same period, highlighting the importance of micro-location analysis.

Ready To Move properties in Adarsh Nagar are currently priced at an average of ₹23,900 per sq ft as of Sep 2026. This segment has seen a stable appreciation of 0.46% compared to the previous period, signaling a steady demand for immediate-possession homes where buyers can avoid construction delays.

Among the prominent projects in Adarsh Nagar, Shama Manzil and LJ Kapadia Avenue are key benchmarks. As of Sep 2026, Shama Manzil has a listing rate of ₹24,400 per sq ft, which has depreciated by 1.61% compared to the previous period. Meanwhile, LJ Kapadia Avenue is listed at ₹23,350 per sq ft, having appreciated by 2.71% over the same timeframe.

Investors looking at Adarsh Nagar should balance the current average asking price of ₹36,350 per sq ft against the prevailing rental market. While sale prices have shown consistent quarterly growth throughout 2026, the rental market has experienced a slight depreciation of 4.96% as of Sep 2026. This suggests that while capital appreciation is a strong driver for investment, rental income strategies should be carefully evaluated based on the specific BHK demand and the competitive landscape of nearby neighbourhoods.