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Insights for Adarsh Nagar, Mumbai Real Estate Market Overview

Adarsh Nagar serves as a significant residential pocket within the Mumbai western suburbs, characterized by a steady flow of property registrations and diverse housing options. The market is currently anchored by a mix of ready-to-move projects and evolving residential developments that cater to a wide range of buyer requirements. Rental demand remains robust, particularly for 1 BHK and 2 BHK units, providing consistent income streams for property owners. Government registration data confirms substantial activity, highlighting the locality as a preferred choice for both end-users and investors seeking long-term value.

  • Property rates are currently led by projects like Shama Manzil at ₹24,800 per sq ft.
  • The rental market shows strong demand with 2 BHK units commanding monthly rents of ₹1 Lakh.
  • Registration activity is high, with 74 transactions recorded recently totaling ₹281 Cr.
  • Ready-to-move inventory is available at an average price of ₹23,800 per sq ft for immediate occupancy.

Market Strengths
  • High transaction volume with 74 registrations valued at ₹281 Cr.
  • Diverse rental offerings ranging from ₹35,000 to ₹1.35 Lakh per month.
  • Established residential projects like Shama Manzil driving value at ₹24,800 per sq ft.
  • Ready-to-move inventory provides immediate options for buyers.
  • Strong rental demand for 2 BHK and 3 BHK units.
Market Challenges
  • Rental rates for apartments have seen a -4.96% change, suggesting a softening in rental demand.
  • Certain established projects have experienced price corrections, such as LJ Kapadia Avenue at -6.84%.
  • Ready-to-move projects have seen a -1.78% dip in average pricing, reflecting broader market adjustments.
Investment Opportunities
  • 1 BHK units offer a steady entry-level rental investment at ₹35,000 per month.
  • Ready-to-move projects at ₹23,800 per sq ft offer immediate rental yield potential.
  • Shama Manzil shows positive price growth of 3.36%, indicating potential capital appreciation.
  • The high volume of 74 transactions suggests strong liquidity for future resale.
Top Localities in Adarsh Nagar, Mumbai

Veera Desai Road

Avg Price ₹ 33,750 /Sq.Ft.
Avg Rent ₹ 114 /Sq.Ft.
YIELD + 4.05
LISTINGS 3
Price Trend

Adarsh Nagar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends
Adarsh Nagar Property Price Comparison
  • By Localities
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Oshiwara 36,000 18.4
Lokhandwala Complex 35,200 -
Jogeshwari West 31,250 9.6
Andheri West 40,000 -0.7
Ambivali 40,050 -
Amboli 35,250 -8.1
Goregaon West 32,500 -3.4
Versova 45,350 -1.5
Natwar Nagar 33,350 -
Bangur Nagar 36,900 -0.1
Adarsh Nagar is situated within a competitive regional cluster, where nearby locations like Versova command a premium at ₹45,350 per sq ft. In contrast, Jogeshwari West offers a more accessible entry point at ₹31,250 per sq ft, representing a significant price variance. Goregaon West also sits in the mid-tier range at ₹32,500 per sq ft, providing buyers with varied geographic choices across the western suburbs.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 2 23,800 -1.8
Ready-to-move properties in Adarsh Nagar provide a reliable supply for those looking to avoid construction delays, with an average price of ₹23,800 per sq ft. These units have experienced a -1.78% change, offering competitive entry points for immediate residency. This focus on completed inventory supports the steady transaction volume observed in the local market.
Project & Developer Insights

Top Residential Projects and Developers in Adarsh Nagar

Top Projects in Adarsh Nagar
Kalpataru Vian is the top project in Adarsh Nagar with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian ₹ 4.88 Cr - ₹ 9.30 Cr
  • Mumbai Western Suburbs, Mumbai
LnT Ahana ₹ 2.58 Cr - ₹ 6.42 Cr
  • Mumbai Western Suburbs, Mumbai
Purva Estrella ₹ 2.75 Cr - ₹ 7.75 Cr
  • Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences ₹ 4.09 Cr - ₹ 9.37 Cr
  • Mumbai Western Suburbs, Mumbai
Mahindra Marina 64 ₹ 2.78 Cr - ₹ 5.41 Cr
  • Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova ₹ 2.60 Cr - ₹ 4.97 Cr
  • Mumbai Western Suburbs, Mumbai
Godrej Skyshore ₹ 9.84 Cr - ₹ 16.49 Cr
  • Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond The Address By GS ₹ 3.04 Cr - ₹ 7.00 Cr
  • Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS ₹ 6.65 Cr - ₹ 11.53 Cr
  • Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
LJ Enterprises leads in Mumbai with 1 projects and years of experience.
DLF
LJ Enterprises ₹ 35.70 L - ₹ 1.67 Cr
  • 1 Projects
Top Projects by Listing Rates
  • Listing Rate
Project Name Rate (₹/Sq.Ft) Change %
Shama Manzil, Adarsh Nagar 24,800 3.4
Lj Kapadia Avenue, Adarsh Nagar 22,750 -6.8
Premium residential interest is concentrated in developments like Shama Manzil, which is currently priced at ₹24,800 per sq ft after a 3.36% increase. LJ Kapadia Avenue provides an alternative option at ₹22,750 per sq ft, following a -6.84% adjustment. These projects define the current value benchmark for the locality.
Government Registrations

Government Registration in Adarsh Nagar, Mumbai

Official records indicate a vibrant market with 74 transactions registered between September and August. The total gross value reached ₹281 Cr, underscoring the high volume of capital flowing into the area. These figures reflect a healthy level of buyer confidence in the local real estate sector.
Sales Transactions 74
Gross Sales Value ₹ 281 Cr
Registered Rate ₹ 15,600/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Adarsh Nagar, Mumbai

Rental options in Adarsh Nagar cater to diverse needs, with 1 BHK apartments averaging ₹35,000 per month. Larger 2 BHK units command ₹1 Lakh monthly, while 3 BHK apartments reach an average of ₹1.35 Lakh per month. Rental rates vary significantly across the vicinity, with Anand Nagar and Mhada Colony both reaching ₹150 per sq ft. Conversely, Oshiwara and Jogeshwari West offer more competitive rental pricing at ₹100 per sq ft. Residential apartments in Adarsh Nagar currently average ₹100 per sq ft in rental value. This segment has seen a -4.96% change over the last year, reflecting current market adjustments.
Adarsh Nagar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
1 Bhk 35,000
2 Bhk 1,00,000
3 Bhk 1,35,000
Rental options in Adarsh Nagar cater to diverse needs, with 1 BHK apartments averaging ₹35,000 per month. Larger 2 BHK units command ₹1 Lakh monthly, while 3 BHK apartments reach an average of ₹1.35 Lakh per month.
Locality Rate (₹/Sq.Ft) Change %
Anand Nagar 150 4.7
Mhada Colony 150 9.4
Oshiwara 100 -
Shashtri Nagar 150 -4.4
Yamnuna Nagar 150 -5.1
Lokhandwala Complex 150 5.8
Jogeshwari West 100 3.5
Best Nagar 150 5
Jeevan Nagar 100 1.8
Sv Patel Nagar 100 -
Rental rates vary significantly across the vicinity, with Anand Nagar and Mhada Colony both reaching ₹150 per sq ft. Conversely, Oshiwara and Jogeshwari West offer more competitive rental pricing at ₹100 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 100 -5
Residential apartments in Adarsh Nagar currently average ₹100 per sq ft in rental value. This segment has seen a -4.96% change over the last year, reflecting current market adjustments.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 18,350 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft

Micromarket-Wise Property Price Trends Around Adarsh Nagar, Mumbai

Avg. Asking Price ₹ 46,350 /Sq.Ft
Govt Registration Rate ₹ 29,950 /Sq.Ft
Avg. Asking Price ₹ 37,250 /Sq.Ft
Govt Registration Rate ₹ 21,550 /Sq.Ft
Avg. Asking Price ₹ 34,900 /Sq.Ft
Govt Registration Rate ₹ 21,350 /Sq.Ft
Avg. Asking Price ₹ 33,000 /Sq.Ft
Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Adarsh Nagar, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Adarsh Nagar, Mumbai

What is the current average asking price in Adarsh Nagar as of June 2026?

As of June 2026, the average asking price in Adarsh Nagar stands at ₹35,900 per sq ft. This figure reflects a consistent upward trajectory in the local property market, having appreciated from ₹34,900 per sq ft in March 2026, ₹34,600 per sq ft in December 2025, and ₹33,100 per sq ft in September 2025. This sustained growth indicates strong demand and investor confidence in the locality's real estate potential.

How does the average asking price in Adarsh Nagar compare to the Government Registration Rate?

The average asking price in Adarsh Nagar is significantly higher than the Government Registration Rate of ₹15,600 per sq ft, as recorded between September 2025 and August 2026. While the Government Registration Rate provides a baseline for stamp duty and registration calculations, the market-driven asking price reflects the premium value buyers are willing to pay for properties in this area based on current transaction activity and amenities.

What is the current price trend for Ready To Move properties in Adarsh Nagar?

As of June 2026, Ready To Move properties in Adarsh Nagar are priced at an average of ₹23,800 per sq ft. This segment has seen a depreciation of 1.78% compared to the previous period, which may suggest a slight market correction or a shift in inventory availability. For end-users seeking immediate possession, this current rate provides a benchmark for evaluating value against the broader locality average.

How do property rates in Adarsh Nagar compare to nearby neighbourhoods?

Property rates in Adarsh Nagar, currently at ₹35,900 per sq ft, sit within a competitive range compared to surrounding areas. For instance, Versova commands a higher average of ₹45,350 per sq ft (which depreciated by 1.51%), while Andheri West is priced at ₹40,000 per sq ft (depreciating by 0.71%). Conversely, more accessible options include Jogeshwari West at ₹31,250 per sq ft, which has appreciated by 9.58%, and Goregaon West at ₹32,500 per sq ft, which saw a depreciation of 3.38%.

What is the average rental rate in Adarsh Nagar and what does it signal for investors?

The average rental rate in Adarsh Nagar is ₹121 per sq ft as of June 2026, representing a depreciation of 6.92% compared to the previous period. For investors, this rate is a critical metric to monitor alongside the high capital appreciation seen in the sale market. While rental income provides a steady cash flow, investors should balance the current rental trends against the total cost of acquisition to determine the long-term viability of their investment.

What is the BHK-wise rental pattern in Adarsh Nagar?

As of June 2026, the rental market in Adarsh Nagar shows a clear hierarchy based on unit size. A 1 BHK apartment typically rents for ₹35,000 per month, while a 2 BHK apartment commands ₹1 Lakh per month, and a 3 BHK apartment is priced at ₹1.35 Lakh per month. These figures help tenants and landlords understand the entry-level costs and potential rental income expectations for different property configurations in the locality.

How do rental rates for apartments in Adarsh Nagar compare to other nearby areas?

Rental rates for apartments in Adarsh Nagar are currently averaging ₹100 per sq ft, reflecting a depreciation of 4.96% as of June 2026. When comparing this to other nearby areas, locations like Lokhandwala Complex, Anand Nagar, and Mhada Colony command higher premiums at ₹150 per sq ft. Meanwhile, areas such as Oshiwara, Jogeshwari West, and Jeevan Nagar align more closely with the Adarsh Nagar rate at ₹100 per sq ft.

Which projects in Adarsh Nagar currently feature the highest listing rates?

As of June 2026, Shama Manzil is a prominent project in Adarsh Nagar with a listing rate of ₹24,800 per sq ft, having appreciated by 3.36%. Another notable project is LJ Kapadia Avenue, which is currently listed at ₹22,750 per sq ft, showing a depreciation of 6.84% over the same period. These projects represent key options for buyers looking for established residential developments in the locality.

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