Property Rates in Adarsh Nagar, Mumbai 2026

Property prices in Adarsh Nagar have shown a consistent upward movement over the last few quarters. According to data from Jun 2026, the micromarket rate reached ₹35,900 per sq ft, up from ₹34,900 per sq ft in Mar 2026, ₹34,600 per sq ft in Dec 2025, and ₹33,100 per sq ft in Sep 2025. This steady growth trajectory suggests a resilient market environment for property owners and investors.

The average asking price in Adarsh Nagar is significantly higher than the Government Registration Rate. While the current average asking price is ₹35,900 per sq ft as of Jun 2026, the Government Registration Rate is recorded at ₹15,600 per sq ft for the period between Sep 2025 and Aug 2026. This gap is common in premium urban markets and reflects the difference between market-driven valuations and government-benchmarked values used for stamp duty and registration purposes.

As of Jun 2026, Ready To Move properties in Adarsh Nagar are priced at an average of ₹23,800 per sq ft. This segment experienced a depreciation of 1.78% compared to the previous period, which may indicate a market correction or a shift in the available inventory mix currently listed in the locality.

As of Jun 2026, Shama Manzil and LJ Kapadia Avenue are among the notable projects in Adarsh Nagar. Shama Manzil is listed at ₹24,800 per sq ft, having appreciated by 3.36% compared to the previous period. Conversely, LJ Kapadia Avenue is listed at ₹22,750 per sq ft, reflecting a depreciation of 6.84% over the same timeframe.

The average rental rate in Adarsh Nagar is ₹121 per sq ft as of Jun 2026. This rate has seen a depreciation of 6.92% compared to the previous period, suggesting a softening in rental demand or an adjustment in the supply of available rental properties in the area.

Rental rates in Adarsh Nagar vary significantly based on the unit size as of Jun 2026. A 1 BHK apartment typically rents for ₹35,000 per month, while a 2 BHK apartment averages ₹1 Lakh per month. For larger requirements, a 3 BHK apartment commands an average rent of ₹1.35 Lakh per month, reflecting the premium nature of the locality and the varied needs of the tenant demographic.

As of Jun 2026, the average rental rate for apartments in Adarsh Nagar is ₹100 per sq ft. This segment has experienced a depreciation of 4.96% compared to the previous period, which provides a useful benchmark for landlords and tenants when assessing the current income potential of residential assets in this locality.

Rental rates across neighbourhoods near Adarsh Nagar show diverse pricing levels as of Jun 2026. Areas such as Anand Nagar, Mhada Colony, Lokhandwala Complex, Best Nagar, Shashtri Nagar, and Yamnuna Nagar command higher rental rates of ₹150 per sq ft. In contrast, Oshiwara, Jogeshwari West, Jeevan Nagar, and Sv Patel Nagar offer more accessible rental rates at ₹100 per sq ft. These variations allow tenants to choose locations based on their budget and proximity requirements.

Investors should view the steady appreciation in the micromarket rate, which reached ₹35,900 per sq ft in Jun 2026, as a signal of long-term value retention in Adarsh Nagar. By comparing this with the Government Registration Rate of ₹15,600 per sq ft and current rental yields, investors can better gauge the balance between capital appreciation and potential rental income. Always consider the specific property status, such as the ₹23,800 per sq ft rate for Ready To Move units, to align investment goals with immediate income or long-term growth expectations.