Property Rates in Azad Nagar, Mumbai 2026

Property prices in Azad Nagar have shown a positive trajectory over the last few quarters. As of March 2026, the location rate stands at ₹32,150 per sq ft, up from ₹31,050 per sq ft in September 2025. This upward movement in the latter half of the year suggests growing buyer interest and market resilience in the area.

The average asking price in Azad Nagar is ₹32,150 per sq ft, while the Government Registration Rate for the period of June 2025 to May 2026 is recorded at ₹43,000 per sq ft. It is important for buyers to note that the Government Registration Rate is used for stamp duty and registration purposes, which may differ from the current market-driven asking prices listed by sellers.

As of March 2026, Ready To Move properties in Azad Nagar are priced at an average of ₹30,450 per sq ft, which has depreciated by 0.75% compared to the previous period. In contrast, Under Construction properties are priced at ₹30,300 per sq ft with no change in price, reflecting a stable entry point for investors looking at newer developments.

The rental yield in Azad Nagar is 3.77% as of March 2026, offering a clear metric for investors to evaluate the income potential of their property relative to its capital value. With an average rental rate of ₹101 per sq ft, which has appreciated by 5.21% from the previous period, the area demonstrates a healthy growth in rental income, making it an attractive option for those seeking consistent returns alongside capital appreciation.

As of March 2026, rental rates in Azad Nagar vary by configuration: 1 BHK apartments average ₹43,150 per month, 2 BHK apartments average ₹63,150 per month, and 3 BHK apartments average ₹92,500 per month. These figures provide a comprehensive guide for tenants and landlords to understand the current market positioning for various residential unit sizes.

Shree Darshan is currently a top project for rentals in Azad Nagar, commanding a rental rate of ₹111 per sq ft as of March 2026. This rate has remained stable with 0% change, positioning it as a premium choice for tenants who prioritize specific project amenities and location advantages within the locality.

Rental rates in Azad Nagar average ₹101 per sq ft, which is comparable to many surrounding areas like Evershine Nagar, Orlem, and Charkop Sector 2, all of which also show an average rental rate of ₹100 per sq ft. Notably, the rental rate in Orlem has seen an appreciation of 8.75% as of March 2026, indicating a localized surge in demand compared to the more stable rental pricing seen in Azad Nagar.

When reviewing top projects like Lakshmi Omkar CHS at ₹32,150 per sq ft or Prathamesh Alfa CHS at ₹30,300 per sq ft as of March 2026, buyers should look at both the price point and the recent trend. For instance, Prathamesh Alfa CHS has appreciated by 2.29% compared to the previous period, signaling strong demand, whereas Lotus Belleza has seen a depreciation of 4.49% over the same timeframe, which may present a potential negotiation opportunity for value-focused buyers.

Azad Nagar presents a balanced landscape for both end-users and investors as of March 2026. With a stable average asking price of ₹32,150 per sq ft and a respectable rental yield of 3.77%, the locality offers both the stability desired by families looking for ready-to-move homes and the income consistency sought by property investors.