Property rates in Azad Nagar average ₹32,150 per sq ft. This valuation has shown steady upward momentum, climbing from previous levels of ₹31,050 per sq ft. The area remains a notable residential hub within the western suburbs, supported by a healthy rental yield of 3.77%. Investors and homebuyers often look toward established projects like Lakshmi Omkar CHS for consistent value, while the rental market remains active with an average rate of ₹101 per sq ft.
Insights for Azad Nagar, Mumbai Real Estate Market Overview
The real estate landscape in Azad Nagar presents a balanced environment for both buyers and tenants, characterized by consistent pricing growth and stable rental demand. Property values have appreciated notably since late 2025, reflecting the area's ongoing desirability as a residential destination in Mumbai. Rental activity is equally robust, with a wide array of unit configurations catering to diverse housing needs across the locality. Registration records highlight significant market turnover, further confirming the area's appeal to property owners and investors alike.
Property values have increased to ₹32,150 per sq ft, showing a clear upward trend in the local market.
Rental yields stand at 3.77%, making the area an attractive proposition for buy-to-let investors.
Ready to move residential units are currently priced at an average of ₹30,450 per sq ft.
The rental market is highly active, with average monthly rents for 2 BHK units reaching ₹63,150.
Strong transaction volume is evident with 126 registrations recorded over the recent period, totaling ₹294 Cr in value.
Market Strengths
A robust rental market with an average rate of ₹101 per sq ft ensures consistent demand for residential units.
Strong capital value growth, with local rates increasing to ₹32,150 per sq ft over the past year.
Healthy rental yield of 3.77% outperforms many traditional residential investment benchmarks.
High market liquidity evidenced by 126 registered transactions totaling ₹294 Cr.
Diverse rental portfolio, with 3 BHK units commanding average monthly rents of ₹92,500.
Active development pipeline with both ready-to-move and under-construction projects available.
Market Challenges
The average rental rate of ₹101 per sq ft requires careful management of property maintenance costs to preserve net yields.
Variations in micromarket rates, such as the -3.38% change in Goregaon West, suggest the need for precise location-based investment analysis.
Investment Opportunities
Rental yields of 3.77% offer a stable income stream for property investors in the residential apartment segment.
The 1 BHK segment provides an accessible entry point with average monthly rents of ₹43,150.
Steady capital appreciation, with rates rising to ₹32,150 per sq ft, supports long-term asset value growth.
High transaction volume, with 126 registrations, indicates strong liquidity for future resale or exit strategies.
Price Trend
Azad Nagar, Mumbai Property Price Trends and Appreciation
Azad Nagar has experienced a positive shift in property pricing over the last few quarters. Rates climbed from ₹31,050 per sq ft in September 2025 to a current average of ₹32,150 per sq ft. This steady appreciation reflects growing confidence in the local real estate market among both residents and investors.
The surrounding micromarket landscape offers varied price points for potential residents. Bangur Nagar remains a premium choice, averaging ₹36,900 per sq ft, while Goregaon West hovers around ₹32,500 per sq ft. Meanwhile, locations like Malad West offer competitive entry points at ₹30,150 per sq ft. These variations across neighboring areas provide buyers with a spectrum of options to suit different investment budgets.
Azad Nagar’s residential sector is primarily defined by apartment-style living. These units maintain a consistent average price of ₹32,150 per sq ft, catering to those seeking established residential infrastructure within the city.
The market provides options for both immediate occupancy and future possession. Ready to move projects currently average ₹30,450 per sq ft across 4 units, while under construction opportunities are available at ₹30,300 per sq ft. This supply mix allows buyers to choose between the convenience of move-in ready homes and the potential value of newer developments.
Project & Developer Insights
Top Residential Projects and Developers in Azad Nagar
Top Projectsin Azad Nagar
Kalpataru Vian is the top project in Azad Nagar.
Kalpataru Vian
Price On Request
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
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
Origin Rock Highland
₹ 1.6 Cr - ₹ 2.45 Cr
Mumbai Western Suburbs, Mumbai
West Center Meridian Courts
₹ 2.97 Cr - ₹ 2.97 Cr
Mumbai Western Suburbs, Mumbai
Kalpataru Vivant
₹ 1.64 Cr - ₹ 4.31 Cr
Mumbai Western Suburbs, Mumbai
Mahindra Vista
₹ 1.40 Cr - ₹ 5.26 Cr
Mumbai Western Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Lotus Group Of Companies leads in Mumbai with 7 projects and years of experience.
Lotus Group Of Companies
₹ 50.79 L - ₹ 5.30 Cr
7 Projects
Prathamesh Krupa Buildcon
₹ 1.5 Cr - ₹ 3.32 Cr
3 Projects
Lakshmi Builders And Developers
₹ 74.25 L - ₹ 3.34 Cr
Premium residential developments in Azad Nagar set high benchmarks for the local market. Lakshmi Omkar CHS leads the segment with an asking price of ₹32,150 per sq ft, followed by Prathamesh Alfa CHS at ₹30,300 per sq ft with a positive change of 2.29%. Noor House Azad Nagar also maintains a strong position at ₹30,100 per sq ft, reflecting the high demand for well-located residential projects.
Project Name
Rate (₹/Sq.Ft)
Change %
Shree Darshan, Azad Nagar
111
-
Shree Darshan remains a standout project in the rental segment, currently featuring a rental rate of ₹111 per sq ft. This project highlights the premium that tenants are willing to pay for established, well-regarded residential developments in Azad Nagar.
Government Registrations
Government Registration in Azad Nagar, Mumbai
Official registration data highlights a vibrant market with 126 property transactions recorded between August 2025 and July 2026. These deals represent a total gross value of ₹294 Cr, with registered rates averaging ₹43,000 per sq ft. This high level of activity underscores the strong buyer interest and liquidity within the Azad Nagar real estate sector.
Sales Transactions126
Gross Sales Value₹ 294 Cr
Registered Rate₹ 43,000/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Azad Nagar
The area saw 126 property registrations between August 2025 and July 2026. These transactions reached a significant gross value of ₹294 Cr, reflecting sustained buyer activity.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2025-10-14
Floor 8, Unit 82
N/A
605 Sq.Ft.
2025-10-01
Floor 3, Unit 3
N/A
2977 Sq.Ft.
2025-09-30
Floor 7, Unit 75
N/A
370 Sq.Ft.
2025-09-25
Floor 6, Unit 67
N/A
654 Sq.Ft.
2025-08-22
Floor 18, Unit 18
N/A
2977 Sq.Ft.
2025-08-18
Floor 3, Unit 37
N/A
370 Sq.Ft.
2025-08-13
Floor 2, Unit 2-C
N/A
775 Sq.Ft.
2025-07-09
Floor 19, Unit 19C
N/A
780 Sq.Ft.
2025-06-20
Floor 13, Unit 1301
B
641 Sq.Ft.
2025-06-14
Floor 7, Unit 73
N/A
1081 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Azad Nagar, Mumbai
Rental demand is spread across various configurations, with 1 BHK apartments averaging ₹43,150 per month. Larger 2 BHK units command ₹63,150 per month, while 3 BHK apartments reach an average of ₹92,500 per month. These figures highlight the market's ability to serve various family sizes and rental budgets. Rental rates across neighboring areas are largely stable, with many locations like Babrekar Nagar and Ram Nagar averaging ₹100 per sq ft. Orlem has shown a notable 8.75% increase in rental rates, while Jankalyan Nagar experienced a -5.06% change. These trends provide a clear picture of localized rental performance for prospective tenants and landlords. Apartments in the area are the primary rental asset, averaging ₹100 per sq ft. This segment has shown a positive rental growth of 5.21% over the past year, reflecting the sustained popularity of apartment living. Shree Darshan remains a standout project in the rental segment, currently featuring a rental rate of ₹111 per sq ft. This project highlights the premium that tenants are willing to pay for established, well-regarded residential developments in Azad Nagar.
Rental demand is spread across various configurations, with 1 BHK apartments averaging ₹43,150 per month. Larger 2 BHK units command ₹63,150 per month, while 3 BHK apartments reach an average of ₹92,500 per month. These figures highlight the market's ability to serve various family sizes and rental budgets.
Rental rates across neighboring areas are largely stable, with many locations like Babrekar Nagar and Ram Nagar averaging ₹100 per sq ft. Orlem has shown a notable 8.75% increase in rental rates, while Jankalyan Nagar experienced a -5.06% change. These trends provide a clear picture of localized rental performance for prospective tenants and landlords.
Apartments in the area are the primary rental asset, averaging ₹100 per sq ft. This segment has shown a positive rental growth of 5.21% over the past year, reflecting the sustained popularity of apartment living.
Frequently Asked Questions About Property Rates in Azad Nagar, Mumbai
What is the current average asking price in Azad Nagar?
As of June 2026, the average asking price in Azad Nagar stands at ₹32,150 per sq ft. This rate has remained stable, showing 0% change compared to the previous period, which suggests a balanced market environment where supply and demand are currently in equilibrium.
How do property prices in Azad Nagar compare to the Government Registration Rate?
The current average asking price in Azad Nagar is ₹32,150 per sq ft, which is notably lower than the Government Registration Rate of ₹43,000 per sq ft recorded between August 2025 and July 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating the cost of acquisition and potential stamp duty implications.
What is the recent price trend for property in Azad Nagar?
The property market in Azad Nagar has shown a trajectory of growth over the past year. While the average asking price held at ₹32,150 per sq ft in June 2026, it rose from ₹31,050 per sq ft in September 2025 to ₹32,150 per sq ft by March 2026, reflecting resilient demand in the area.
How do property prices differ between Ready to Move and Under Construction projects in Azad Nagar?
As of June 2026, Ready to Move properties in Azad Nagar are priced at an average of ₹30,450 per sq ft, having depreciated by 0.75% compared to the previous period. In contrast, Under Construction projects command an average price of ₹30,300 per sq ft, which has remained stable with 0% change, offering a relatively consistent entry point for investors and end-users.
What is the average rental rate and rental yield in Azad Nagar?
As of June 2026, the average rental rate in Azad Nagar is ₹101 per sq ft, which has appreciated by 5.21% compared to the previous period. The area currently offers a rental yield of 3.77%, providing a meaningful indicator for investors looking to balance capital appreciation with consistent rental income.
What is the BHK-wise rental pattern in Azad Nagar?
Rental rates in Azad Nagar vary significantly by unit size as of June 2026. A 1 BHK apartment typically rents for ₹43,150 per month, while 2 BHK units average ₹63,150 per month, and 3 BHK units command approximately ₹92,500 per month. This tiered pricing structure allows tenants to choose options based on their space requirements and budget, while providing landlords with clear benchmarks for their property segments.
Which projects in Azad Nagar command the highest rental rates?
As of June 2026, Shree Darshan is a standout project in Azad Nagar for rental income, commanding a rate of ₹111 per sq ft. This rate has remained stable with 0% change, positioning it as a premium choice for tenants seeking quality residential options within the locality.
How do rental rates in Azad Nagar compare to nearby localities?
Rental rates across the vicinity of Azad Nagar are relatively uniform, with many areas like Evershine Nagar, Orlem, and Malad West reporting an average rental rate of ₹100 per sq ft as of June 2026. Notably, Orlem has seen the strongest rental growth, appreciating by 8.75% compared to the previous period, while Jankalyan Nagar experienced a depreciation of 5.06%.
Which are the top residential projects in Azad Nagar by listing rates?
As of June 2026, the top projects in Azad Nagar by listing rates include Lakshmi Omkar CHS at ₹32,150 per sq ft, Prathamesh Alfa CHS at ₹30,300 per sq ft (which appreciated by 2.29%), and Noor House Azad Nagar at ₹30,100 per sq ft (which appreciated by 1.66%). These projects represent the current price positioning for prospective buyers in the locality.
How should a buyer interpret the property rate data for Azad Nagar?
Buyers should use the June 2026 data for Azad Nagar to compare the current average asking price of ₹32,150 per sq ft against the historical trend and the Government Registration Rate of ₹43,000 per sq ft. By analyzing the price stability of 0% and the specific rates for Ready to Move versus Under Construction units, buyers can make informed decisions regarding the timing of their investment and the value proposition of specific projects.
