Property Rates in Azad Nagar, Mumbai 2026

Property prices in Azad Nagar have shown an upward trajectory, with the location rate rising from ₹31,050 per sq ft in Sep 2025 to ₹35,450 per sq ft by Jun 2026. This consistent growth across recent quarters indicates strong buyer interest and sustained demand for residential assets in the area, signaling a positive outlook for long-term investors.

The Government Registration Rate in Azad Nagar is recorded at ₹43,000 per sq ft, based on transaction data from Sep 2025 to Aug 2026. This figure is notably higher than the current average asking price of ₹32,150 per sq ft, which may reflect a premium on specific high-value transactions or indicate that registered values in the locality are currently tracking above the general market listing average.

As of Jun 2026, ready-to-move properties in Azad Nagar are priced at an average of ₹30,950 per sq ft, having appreciated by 0.94% compared to the previous period. In contrast, under-construction properties are priced at ₹31,050 per sq ft, with no change in price percentage recorded. This narrow price gap suggests that buyers are currently paying a similar premium for both immediate possession and future development projects in the locality.

The average rental rate in Azad Nagar is ₹101 per sq ft as of Jun 2026, which has appreciated by 5.21% compared to the previous period. The locality currently offers a rental yield of 3.77%, providing a steady income stream for investors. This yield, when paired with the current sale asking price, reflects a healthy balance between capital investment and potential rental returns for property owners.

Rental rates in Azad Nagar vary by configuration, with 1 BHK apartments averaging ₹42,800 per month, 2 BHK apartments at ₹61,000 per month, and 3 BHK apartments at ₹92,500 per month as of Jun 2026. These figures provide a clear benchmark for tenants and landlords, showing that rental costs scale proportionally with space, catering to a diverse range of tenant profiles from young professionals to larger families.

Shree Darshan is currently a top project in Azad Nagar for rentals, commanding a rate of ₹111 per sq ft as of Jun 2026. This rate has remained stable with no percentage change recorded compared to the previous period. Its position as a premium rental option suggests that the project offers superior amenities or location advantages that allow it to outperform the locality's average rental rate of ₹100 per sq ft for apartments.

Property prices in Azad Nagar, at ₹32,150 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Bangur Nagar commands a higher rate of ₹36,900 per sq ft (depreciated by 0.07%), while areas like Kandivali West and Charkop Gaon are more affordable, priced at ₹25,100 per sq ft (depreciated by 2.41%) and ₹23,850 per sq ft (depreciated by 6.85%) respectively. This comparison highlights Azad Nagar's position as a premium residential pocket within the broader Mumbai western suburbs market.

Apartment prices in Azad Nagar have shown significant growth, reaching an average of ₹35,450 per sq ft as of Jun 2026, which represents an appreciation of 10.18% compared to the previous period. This double-digit growth underscores strong market confidence and limited supply of quality apartment inventory, making it a potentially attractive area for capital appreciation.

The most prominent projects in Azad Nagar by listing rates include Lakshmi Omkar CHS at ₹32,150 per sq ft, Prathamesh Alfa CHS at ₹31,050 per sq ft, and Shree Darshan at ₹30,700 per sq ft as of Jun 2026. Notably, Prathamesh Alfa CHS has seen an appreciation of 4.79% compared to the previous period, while Lakshmi Omkar CHS has maintained stable pricing. These projects represent the diverse price points available to buyers looking for established residential options in the locality.