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Insights for Adarsh Nagar, Mumbai Real Estate Market Overview

Adarsh Nagar maintains a stable residential market, characterized by consistent interest in ready-to-move apartment units. The locality balances premium project options with a competitive rental landscape that provides diverse housing configurations for tenants. Recent government registration data highlights significant transaction activity, with 62 properties registered for a gross value of ₹225 Cr. Developers continue to shape the area through high-value projects that set benchmarks for the local market.

  • Ready-to-move projects are currently priced at an average of ₹23,800 per sq ft.
  • The average monthly rent for a 3 BHK unit in the locality stands at ₹1.35 Lakh.
  • Shama Manzil has seen a positive price change of 3.36% in recent listings.
  • Transaction activity recorded a total gross value of ₹225 Cr between Sep 25 and Aug 26.
  • Rental rates for apartments have adjusted by -4.96% year-on-year.

Market Strengths
  • A significant volume of 62 property registrations totaling ₹225 Cr indicates high market liquidity.
  • Diverse rental housing options range from ₹35,000 to ₹1.35 Lakh per month.
  • Established projects like Shama Manzil continue to demonstrate positive price growth of 3.36%.
  • The availability of ready-to-move inventory allows for immediate property acquisition.
  • The locality supports a wide range of property types, ensuring options for both tenants and investors.
Market Challenges
  • Apartment rental rates have seen a year-on-year decline of -4.96%.
  • Ready-to-move property prices have witnessed a slight downward adjustment of -1.78%.
  • Average rental rates across the broader locality have fluctuated by -6.92%.
Investment Opportunities
  • Ready-to-move apartments offer immediate rental income potential with an average monthly rent of ₹1 Lakh for 2 BHK units.
  • The 1 BHK segment provides an accessible entry point for investors at an average rent of ₹35,000 per month.
  • Shama Manzil presents an upward price trend of 3.36%, suggesting potential for capital appreciation in premium projects.
  • Rental demand for 3 BHK units remains strong, commanding average monthly rents of ₹1.35 Lakh.
Top Localities in Adarsh Nagar, Mumbai

Veera Desai Road

Avg Price ₹ 33,750 /Sq.Ft.
Avg Rent ₹ 114 /Sq.Ft.
YIELD + 4.05
LISTINGS 4
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
Rental rates in the surrounding micro-markets demonstrate a wide spectrum of pricing, reflecting the diverse nature of the Mumbai western suburbs. Anand Nagar, Mhada Colony, and Lokhandwala Complex all command premium rental rates of ₹150 per sq ft, showcasing strong demand in these pockets. Conversely, areas like Oshiwara, Jogeshwari West, Jeevan Nagar, and Sv Patel Nagar offer more accessible entry points at ₹100 per sq ft.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 2 23,800 -1.8
The market provides ready-to-move inventory for those seeking immediate occupancy, with two units currently available at an average rate of ₹23,800 per sq ft. This segment has seen a minor price change of -1.78%, allowing buyers to secure established homes at competitive valuations.
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
Raymond Invictus By GS ₹ 6.65 Cr - ₹ 11.53 Cr
  • Mumbai Western Suburbs, Mumbai
Paradigm Superstar ₹ 19.43 Cr - ₹ 30 Cr
  • Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 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 developments in Adarsh Nagar are setting notable benchmarks for the locality. Shama Manzil stands out with a current rate of ₹24,800 per sq ft, reflecting a positive growth of 3.36%. Meanwhile, LJ Kapadia Avenue is priced at ₹22,750 per sq ft, experiencing a change of -6.84%.
Government Registrations

Government Registration in Adarsh Nagar, Mumbai

Official government records indicate robust activity in Adarsh Nagar, with 62 transactions completed between September 2025 and August 2026. The total gross value of these registered properties reached ₹225 Cr, with an average registered rate of ₹63,700 per sq ft. This high volume of activity underscores the sustained buyer confidence in the local real estate market.
Sales Transactions 62
Gross Sales Value ₹ 225 Cr
Registered Rate ₹ 63,700/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Adarsh Nagar, Mumbai

Rental options in Adarsh Nagar cater to a range of needs, with 1 BHK units averaging ₹35,000 per month. Larger 2 BHK apartments command an average of ₹1 Lakh per month, while 3 BHK units are priced at an average of ₹1.35 Lakh per month. Rental rates vary across the region, with premium micro-markets like Anand Nagar, Mhada Colony, and Lokhandwala Complex averaging ₹150 per sq ft. In contrast, areas such as Oshiwara and Jogeshwari West offer more competitive rental rates of ₹100 per sq ft. The apartment rental market in Adarsh Nagar remains the primary focus for the area, with rates averaging ₹100 per sq ft. This segment has seen a year-on-year change of -4.96%, 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 a range of needs, with 1 BHK units averaging ₹35,000 per month. Larger 2 BHK apartments command an average of ₹1 Lakh per month, while 3 BHK units are priced at 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 across the region, with premium micro-markets like Anand Nagar, Mhada Colony, and Lokhandwala Complex averaging ₹150 per sq ft. In contrast, areas such as Oshiwara and Jogeshwari West offer more competitive rental rates of ₹100 per sq ft.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 100 -5
The apartment rental market in Adarsh Nagar remains the primary focus for the area, with rates averaging ₹100 per sq ft. This segment has seen a year-on-year change of -4.96%, reflecting current market adjustments.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /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
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft
Avg. Asking Price ₹ 6,400 /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, the average asking price in Adarsh Nagar is ₹35,900 per sq ft. This reflects a steady upward trajectory in the micromarket, which has seen prices rise from ₹34,900 per sq ft in March 2026, indicating sustained demand for residential properties in this locality.

How have property prices in Adarsh Nagar trended over the recent quarters?

Property prices in Adarsh Nagar have shown consistent growth throughout the recent quarters. The micromarket rate increased from ₹33,100 per sq ft in September 2025 to ₹34,600 per sq ft in December 2025, further climbing to ₹34,900 per sq ft in March 2026, and reaching ₹35,900 per sq ft as of June 2026. This upward trend suggests a resilient market environment that continues to attract buyer interest.

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

The average asking price in Adarsh Nagar is currently ₹35,900 per sq ft, while the Government Registration Rate for transactions recorded between September 2025 and August 2026 stands at ₹63,700 per sq ft. It is important for buyers to note that the Government Registration Rate often reflects a broader valuation benchmark for stamp duty purposes, whereas the asking price represents the current market-driven cost for available residential inventory.

What is the current average rental rate in Adarsh Nagar?

As of June 2026, the average rental rate in Adarsh Nagar is ₹121 per sq ft. This rate has depreciated by 6.92% compared to the previous period, reflecting a market adjustment in rental demand for the area.

What are the typical monthly rental rates for different apartment sizes in Adarsh Nagar?

Rental rates in Adarsh Nagar vary based on the configuration, with 1 BHK apartments averaging ₹35,000 per month, 2 BHK apartments at ₹1 Lakh per month, and 3 BHK apartments reaching ₹1.35 Lakh per month as of June 2026. These figures provide a clear baseline for tenants and investors looking to understand the monthly income potential of residential units in this locality.

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

Rental rates for apartments in Adarsh Nagar currently average ₹100 per sq ft, which is notably more competitive than several surrounding areas. For instance, Anand Nagar, Mhada Colony, Lokhandwala Complex, Best Nagar, Shashtri Nagar, and Yamnuna Nagar all command higher rental rates of ₹150 per sq ft as of June 2026. Conversely, areas like Oshiwara, Jogeshwari West, Jeevan Nagar, and Sv Patel Nagar align with Adarsh Nagar at ₹100 per sq ft.

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

As of June 2026, the average price for Ready To Move properties in Adarsh Nagar is ₹23,800 per sq ft. This segment has experienced a depreciation of 1.78% compared to the prior period, which may offer a more accessible entry point for end-users seeking immediate possession in the locality.

Which are some of the prominent residential projects in Adarsh Nagar and what are their current listing rates?

Two notable residential projects in Adarsh Nagar include Shama Manzil and LJ Kapadia Avenue. As of June 2026, Shama Manzil has a current listing rate of ₹24,800 per sq ft, having appreciated by 3.36% from the previous period. Meanwhile, LJ Kapadia Avenue is listed at ₹24,800 per sq ft, though it has seen a depreciation of 6.84% over the same timeframe.

How do property prices in Adarsh Nagar compare to other popular localities in Mumbai?

Property prices in Adarsh Nagar, currently at ₹35,900 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For example, 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 (depreciated by 0.71%). Other areas like Jogeshwari West are more affordable at ₹31,250 per sq ft, which appreciated by 9.58% as of June 2026.

How should investors interpret the rental depreciation in Adarsh Nagar?

The 6.92% depreciation in the average rental rate to ₹121 per sq ft as of June 2026 suggests a softening in rental demand or an increase in available inventory within Adarsh Nagar. Investors should monitor this trend closely alongside the steady appreciation of sale prices, as the gap between capital value and rental income can influence overall rental yields and long-term investment viability.

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