Ashok Nagar Property Rates

Insights

Insights for Ashok Nagar, Mumbai Real Estate Market Overview

The real estate landscape in Ashok Nagar is defined by a mix of established residential societies and consistent transactional activity. Recent government registrations highlight a robust market, with 103 transactions totaling ₹313 Cr within the past year. Rental demand remains a key component of the local economy, though average rental rates have experienced a shift, currently standing at ₹90 per sq ft. Investors and homebuyers are closely monitoring these price trends as the locality maintains its appeal for both end-users and those looking for stable rental income.

Ready-to-move residential projects in the area are currently priced at an average of ₹24,450 per sq ft.
The local rental market for 2 BHK apartments averages ₹65,000 per month.
Government registration data indicates an average rate of ₹21,300 per sq ft for property transfers.
Top residential projects like Hemlata Apartment and Akshaya CHS are currently listed at rates exceeding ₹25,000 per sq ft.

Market Strengths

High volume of transactions with 103 registrations recorded annually.
Significant total market value of ₹313 Cr in registered property sales.
Positive price trend of 0.94% for ready-to-move residential inventory.
Strong demand for established housing societies like Akshaya CHS.
Consistent rental demand for 2 BHK units at ₹65,000 per month.

Market Challenges

Average rental rates have seen a decline of -7.22% over the recent period.
Rental yields for apartments are influenced by the current average rental rate of ₹100 per sq ft for that property type.

Investment Opportunities

Ready-to-move apartments offer stable value at an average of ₹24,450 per sq ft.
The 2 BHK rental segment provides a steady monthly income stream of ₹65,000.
Established projects like Hemlata Apartment show positive growth of 1.07% in listing rates.
The area's registered transaction rate of ₹21,300 per sq ft offers a competitive entry point for long-term investors.

Price Trend

Ashok Nagar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Ashok Nagar Property Price Comparison

By Localities
By Property Status

Location	Rate (₹/Sq.Ft)	Change %
Kandivali East	30,950	1.6
Lokhandwala	30,150	7.7
Kandivali West	25,100	-2.4
Malad East	29,750	0.8
Mahavir Nagar	36,450	2.4
Dahanukar Wadi	27,750	-
Dindoshi	29,350	2.5
Saibaba Nagar	32,250	-
Malad West	30,150	4.7
Evershine Nagar	23,900	-

The surrounding micromarkets offer a varied pricing landscape that highlights Ashok Nagar's competitive positioning. Kandivali East commands an average rate of ₹30,950 per sq ft, while nearby Malad East stands at ₹29,750 per sq ft. Lokhandwala and Malad West both hover around the ₹30,150 per sq ft mark, underscoring the premium nature of the western suburbs. These figures provide a clear perspective on how Ashok Nagar remains an accessible yet well-connected residential choice.

Status	No of Project	Rate (₹/Sq.Ft)	Change %
Ready To Move	3	24,450	0.9

The market in Ashok Nagar is primarily driven by ready-to-move inventory, which caters to buyers seeking immediate possession. With 3 units currently identified in this segment, prices average ₹24,450 per sq ft, reflecting a 0.94% increase. This supply of ready inventory allows residents to settle into the community without the wait associated with under-construction projects.

Project & Developer Insights

Top Residential Projects and Developers in Ashok Nagar

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

New Launch

Under Construction

Ready to Move

Lodha ₹ 67.27 L - ₹ 98.63 Cr

110 Projects
39 Years

Kalpataru ₹ 97.29 L - ₹ 71.98 Cr

84 Projects
50 Years

Hiranandani ₹ 1.02 Cr - ₹ 10.36 Cr

77 Projects
34 Years

Runwal ₹ 86 L - ₹ 60 Cr

68 Projects
41 Years

Rustomjee ₹ 25.75 L - ₹ 74 Cr

69 Projects
23 Years

The Wadhwa Group ₹ 1.01 Cr - ₹ 39.64 Cr

60 Projects
50 Years

Mayfair Housing ₹ 1.17 Cr - ₹ 15 Cr

51 Projects
52 Years

Ruparel ₹ 63.33 L - ₹ 6.94 Cr

44 Projects
19 Years

Godrej ₹ 1.15 Cr - ₹ 87.92 Cr

43 Projects
29 Years

Chandak ₹ 85 L - ₹ 11.11 Cr

40 Projects
20 Years

Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Hemlata Apartment Ashok Nagar, Ashok Nagar	25,400	1.1
Akshaya Chs, Ashok Nagar	25,200	0.6
Dr Rangnekar Chs, Ashok Nagar	22,800	1.2

Premium residential developments in Ashok Nagar set the benchmark for local property values. Hemlata Apartment Ashok Nagar leads the segment with an asking price of ₹25,400 per sq ft, showing a 1.07% increase. Akshaya CHS follows closely at ₹25,200 per sq ft, while Dr Rangnekar CHS is priced at ₹22,800 per sq ft, offering diverse options for prospective homeowners.

Government Registrations

Government Registration in Ashok Nagar, Mumbai

Official registration data for the period between Sep 25 and Aug 26 confirms a healthy market with 103 registered transactions. These deals represent a total gross value of ₹313 Cr, with an average registered rate of ₹21,300 per sq ft. This volume of activity highlights sustained buyer confidence in the Ashok Nagar real estate sector.

Sales Transactions 103

Gross Sales Value ₹ 313 Cr

Registered Rate ₹ 21,300/Sq.Ft

Rental Trends

Rental Trends and Average Rent in Ashok Nagar, Mumbai

The rental market for 2 BHK apartments in Ashok Nagar is currently priced at an average of ₹65,000 per month. This figure represents the core of the residential rental segment, providing clear benchmarks for tenants seeking apartment living in the area. Rental rates across the neighboring areas remain competitive, with Kandivali East, Lokhandwala, and Malad East all averaging ₹100 per sq ft. While most areas maintain stable rates, Lokhandwala has seen a notable increase of 4.6% in rental valuations. Kasam Baug remains a premium pocket in the vicinity, commanding higher rates of ₹150 per sq ft. Apartments in Ashok Nagar are currently listed at an average rental rate of ₹100 per sq ft. This segment has experienced a shift of -7.22% in rental pricing over the past year, reflecting broader adjustments in the local rental market.

Ashok Nagar Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
2 Bhk	65,000

The rental market for 2 BHK apartments in Ashok Nagar is currently priced at an average of ₹65,000 per month. This figure represents the core of the residential rental segment, providing clear benchmarks for tenants seeking apartment living in the area.

Locality	Rate (₹/Sq.Ft)	Change %
Kandivali East	100	1.2
Tanji Nagar	100	-
Irani Wadi	100	-
Kasam Baug	150	-
Lokhandwala	100	4.6
Aagman	100	-
Kandivali West	100	3.7
Malad East	100	-
Sunder Pada	100	-
Matanpur Nagar	100	-

Rental rates across the neighboring areas remain competitive, with Kandivali East, Lokhandwala, and Malad East all averaging ₹100 per sq ft. While most areas maintain stable rates, Lokhandwala has seen a notable increase of 4.6% in rental valuations. Kasam Baug remains a premium pocket in the vicinity, commanding higher rates of ₹150 per sq ft.

Property Type	Rate (₹/Sq.Ft)	Change %
Apartment	100	-7.2

Apartments in Ashok Nagar are currently listed at an average rental rate of ₹100 per sq ft. This segment has experienced a shift of -7.22% in rental pricing over the past year, reflecting broader adjustments in the local rental market.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,600 /Sq.Ft

Pune

Avg. Asking Price ₹ 12,950 /Sq.Ft

Govt Registration Rate ₹ 8,650 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,950 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 9,150 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,800 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 2,950 /Sq.Ft

Kolkata

Avg. Asking Price ₹ 6,400 /Sq.Ft

Micromarket-Wise Property Price Trends Around Ashok Nagar, Mumbai

Mumbai South

Avg. Asking Price ₹ 46,350 /Sq.Ft

Govt Registration Rate ₹ 29,950 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 37,250 /Sq.Ft

Govt Registration Rate ₹ 21,550 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 34,900 /Sq.Ft

Govt Registration Rate ₹ 21,350 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 33,000 /Sq.Ft

Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Ashok Nagar, Mumbai

Ashok Nagar, Mumbai Overview

FAQ

Frequently Asked Questions About Property Rates in Ashok Nagar, Mumbai

What is the current average asking price in Ashok Nagar?

As of June 2026, the average asking price in Ashok Nagar stands at ₹35,900 per sq ft. This figure reflects a consistent upward trend in the micromarket, having appreciated from ₹34,900 per sq ft in March 2026, indicating sustained demand for residential properties in this locality.

How have property prices in Ashok Nagar trended recently?

Property prices in Ashok Nagar have shown a steady growth trajectory over the past few quarters. The micromarket rate rose from ₹33,100 per sq ft in September 2025 to ₹34,600 in December 2025, reaching ₹34,900 in March 2026, and finally settling at ₹35,900 per sq ft as of June 2026, signaling strong buyer confidence and market resilience.

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

The average asking price in Ashok Nagar is currently higher than the Government Registration Rate of ₹21,300 per sq ft, which covers the period from September 2025 to August 2026. This gap between the market-driven asking price and the government-registered value is common in active real estate markets and is supported by a total of 103 registered transactions with a gross value of ₹313 Cr during this period.

What is the price range for Ready To Move properties in Ashok Nagar?

Ready To Move properties in Ashok Nagar are currently available at an average price of ₹24,450 per sq ft as of June 2026. This segment has seen an appreciation of 0.94% compared to the previous period, reflecting a stable and healthy demand for immediate-possession homes in the locality.

Which are the top projects in Ashok Nagar by listing rates?

As of June 2026, prominent projects in Ashok Nagar include Hemlata Apartment Ashok Nagar, which is listed at ₹25,400 per sq ft after an appreciation of 1.07%. Other notable projects include Akshaya CHS at ₹25,200 per sq ft, showing a 0.6% appreciation, and Dr Rangnekar CHS at ₹22,800 per sq ft, which has appreciated by 1.18%.

What is the current average rental rate in Ashok Nagar?

As of June 2026, the average rental rate in Ashok Nagar is ₹90 per sq ft. This rate has experienced a depreciation of 7.22% compared to the previous period, which may present a more competitive entry point for prospective tenants looking to reside in this area.

What are the rental trends for apartments in Ashok Nagar?

Apartments in Ashok Nagar currently command an average rent of ₹100 per sq ft as of June 2026. Similar to the overall rental trend, this property type has seen a depreciation of 7.22% over the observed period, making it a favorable time for tenants to explore rental options in the locality.

What is the typical monthly rent for a 2 BHK apartment in Ashok Nagar?

As of June 2026, a 2 BHK apartment in Ashok Nagar typically commands an average monthly rent of ₹65,000. This data point is particularly useful for families and professionals looking for mid-sized residential units in the locality, providing a clear benchmark for budgeting.

How do rental rates in Ashok Nagar compare to nearby areas?

Rental rates in Ashok Nagar, at ₹90 per sq ft, are slightly lower than several surrounding neighbourhoods. For instance, areas like Kandivali East, Lokhandwala, and Malad East all command an average rental rate of ₹100 per sq ft, while Kasam Baug in Malad East commands a premium at ₹150 per sq ft.

How should investors interpret the property rate data for Ashok Nagar?

Investors should view the consistent appreciation in the micromarket rate—rising to ₹35,900 per sq ft as of June 2026—as a signal of long-term value growth. By comparing this capital appreciation with the current rental rates, investors can better assess the total return potential of their property assets in Ashok Nagar.