Property rates in Azad Nagar average ₹35,450 per sq ft, reflecting a period of steady growth in the local residential sector. This pricing is supported by a robust rental market, where yields reach 3.28% and average rents hover at ₹97 per sq ft. With under-construction projects commanding premium rates, the locality continues to attract interest from both investors and homebuyers looking for well-positioned residential options within the Mumbai western suburbs.
Insights for Azad Nagar, Mumbai Real Estate Market Overview
The real estate market in Azad Nagar has seen consistent appreciation, with current property rates reaching ₹35,450 per sq ft. This upward trajectory is evident in the quarterly data, where values rose from ₹32,150 at the end of 2025 to their current levels. Rental activity remains a significant component of the local economy, providing a steady yield of 3.28% for property owners. Recent government registration data indicates 20 transactions totaling ₹18 Cr, underscoring the area's ongoing appeal. The supply of ready-to-move and under-construction apartments ensures that buyers have a variety of choices to match their specific investment timelines.
Property values have climbed steadily, moving from ₹32,150 per sq ft in late 2025 to the present ₹35,450 per sq ft.
The residential rental market is active, with 3 BHK apartments commanding an average monthly rent of ₹92,500.
Under-construction projects are currently priced at ₹35,450 per sq ft, reflecting a 14.19% increase that signals strong confidence in future developments.
Ready-to-move projects offer a more accessible entry point at an average of ₹32,250 per sq ft, having experienced a 4.14% growth.
The rental yield of 3.28% provides a solid foundation for income-focused investors looking at the Mumbai western suburbs.
Market Strengths
The area maintains a solid average property rate of ₹35,450 per sq ft, supported by consistent quarterly growth.
A diverse rental portfolio exists, with 3 BHK units averaging ₹92,500 per month, attracting high-end tenants.
The market shows resilience with 20 registered transactions generating ₹18 Cr in gross value.
Strong performance in under-construction segments, up by 14.19%, indicates robust developer activity.
Competitive rental options are available across multiple nearby hubs like Evershine Nagar and Bangur Nagar.
Market Challenges
The rental market has experienced a -3.96% change in average rates, indicating a need for landlords to align expectations with current tenant demand.
Sunder Nagar rental rates have seen a -7.78% decrease, which may impact overall rental projections in the surrounding western suburbs.
Kanti Park has witnessed a -3.51% change in property rates, suggesting a more conservative price movement in that specific micro-market.
Investment Opportunities
The 3.28% rental yield offers a reliable income stream for investors purchasing residential apartments.
Under-construction projects have seen a 14.19% growth, suggesting strong potential for capital appreciation before project completion.
1 BHK apartments are available for rent at an average of ₹46,000 per month, catering to a steady demand from young professionals.
Ready-to-move projects at ₹32,250 per sq ft provide a more stable, lower-cost entry point compared to the average asking price of the area.
Price Trend
Azad Nagar, Mumbai Property Price Trends and Appreciation
Azad Nagar has demonstrated a clear upward trend in property values over the past year. Rates climbed from ₹32,150 per sq ft in late 2025 to a current high of ₹35,450 per sq ft. This consistent appreciation highlights the growing demand for residential space in this part of Mumbai.
Azad Nagar sits within a competitive landscape of Mumbai western suburbs, where property rates vary significantly by locality. While Bangur Nagar commands a premium average of ₹37,400 per sq ft, Azad Nagar remains a strong contender at ₹35,450 per sq ft. Nearby options like Goregaon West average ₹33,400 per sq ft, whereas more affordable pockets such as Kandivali West and Charkop offer entry points around ₹26,800 and ₹27,700 per sq ft respectively.
Residential apartments in Azad Nagar represent the primary focus of the local market, currently priced at ₹35,450 per sq ft. This consistent pricing reflects the high demand for quality living spaces in the area. Investors and homebuyers can rely on this stable valuation when planning their property acquisitions in the suburb.
The Azad Nagar market offers a balanced supply of residential properties to suit different occupancy needs. Ready-to-move projects, which account for 4 units, are priced at an average of ₹32,250 per sq ft and have seen a 4.14% increase. Alternatively, under-construction inventory provides 1 unit at a premium of ₹35,450 per sq ft, marking a significant 14.19% growth that reflects confidence in upcoming 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 with prices from ₹ 5.05 Cr to 9.63 Cr.
Premium residential developments in Azad Nagar are setting high benchmarks for the local market. Lakshmi Omkar CHS leads the segment with an asking price of ₹35,600 per sq ft, following a 10.63% increase. Prathamesh Alfa CHS is also highly valued at ₹35,450 per sq ft, having seen a 14.19% rise in its asking rate. Other notable projects like Noor House Azad Nagar and Shree Darshan offer competitive alternatives at ₹31,400 and ₹31,250 per sq ft respectively.
Project Name
Rate (₹/Sq.Ft)
Change %
Shree Darshan, Azad Nagar
111
-
Shree Darshan remains a top rental project in the locality, currently offering units at a rate of ₹111 per sq ft. This project continues to be a preferred choice for tenants seeking quality residential options in Azad Nagar.
Government Registrations
Government Registration in Azad Nagar, Mumbai
Recent government registration data for Azad Nagar shows a total of 20 transactions recorded between November 2025 and October 2026. These deals represent a gross value of ₹18 Cr, with an average registered rate of ₹17,800 per sq ft. This activity confirms a steady flow of property ownership changes in the locality.
Sales Transactions20
Gross Sales Value₹ 18 Cr
Registered Rate₹ 17,800/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Azad Nagar
Between November 2025 and October 2026, the area saw 20 property registrations. These transactions reached a gross value of ₹18 Cr.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2025-09-30
Floor 13, Unit 1301
N/A
1416 Sq.Ft.
2025-09-30
Floor 14, Unit 1401
N/A
1416 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Azad Nagar, Mumbai
Rental rates in Azad Nagar vary by unit size to accommodate different lifestyle requirements. 1 BHK apartments average ₹46,000 per month, while 2 BHK units command ₹60,000 per month. Larger 3 BHK apartments are priced at an average of ₹92,500 per month. Rental rates across the western suburbs remain competitive, with many areas like Evershine Nagar, Malad West, and Bangur Nagar averaging ₹100 per sq ft. While most locations have shown stability, Sunder Nagar has seen a -7.78% adjustment in rental rates. Residential apartments in Azad Nagar currently command an average rental rate of ₹100 per sq ft. This segment has shown strong momentum with a 12.37% increase in rental value over the past year. Shree Darshan remains a top rental project in the locality, currently offering units at a rate of ₹111 per sq ft. This project continues to be a preferred choice for tenants seeking quality residential options in Azad Nagar.
Rental rates in Azad Nagar vary by unit size to accommodate different lifestyle requirements. 1 BHK apartments average ₹46,000 per month, while 2 BHK units command ₹60,000 per month. Larger 3 BHK apartments are priced at an average of ₹92,500 per month.
Rental rates across the western suburbs remain competitive, with many areas like Evershine Nagar, Malad West, and Bangur Nagar averaging ₹100 per sq ft. While most locations have shown stability, Sunder Nagar has seen a -7.78% adjustment in rental rates.
Residential apartments in Azad Nagar currently command an average rental rate of ₹100 per sq ft. This segment has shown strong momentum with a 12.37% increase in rental value over the past year.
Frequently Asked Questions About Property Rates in Azad Nagar, Mumbai
What is the current average asking price in Azad Nagar as of September 2026?
As of September 2026, the average asking price in Azad Nagar stands at ₹35,450 per sq ft. This figure reflects a significant market appreciation of 10.18% over the preceding period, signaling strong demand and sustained investor confidence in this residential locality.
How do property rates in Azad Nagar compare to the Government Registration Rate?
The average asking price in Azad Nagar is ₹35,450 per sq ft, which sits notably higher than the Government Registration Rate of ₹17,800 per sq ft recorded between November 2025 and October 2026. This variance is common in premium residential markets where market-driven listing prices often exceed the baseline valuation used for official registration purposes.
What is the recent price trend for property in Azad Nagar?
Property rates in Azad Nagar have shown an upward trajectory throughout 2026. After remaining stable at ₹32,150 per sq ft from December 2025 to March 2026, the average asking price climbed to ₹35,450 per sq ft by June 2026 and maintained that level through September 2026. This consistent growth indicates a resilient market with limited supply relative to buyer interest.
How do Ready To Move and Under Construction property rates differ in Azad Nagar?
As of September 2026, Under Construction properties in Azad Nagar command a higher average asking price of ₹35,450 per sq ft, which has appreciated by 14.19% compared to previous data. Meanwhile, Ready To Move properties are priced at an average of ₹32,250 per sq ft, reflecting a 4.14% appreciation. The price premium for under-construction units often reflects the value of modern amenities and newer building standards in the current market cycle.
What is the average rental rate and rental yield for properties in Azad Nagar?
As of September 2026, the average rental rate in Azad Nagar is ₹97 per sq ft, which has seen a depreciation of 3.96% compared to the prior period. The locality currently offers a rental yield of 3.28%. For investors, this yield represents the annual rental income relative to the capital investment, providing a baseline for evaluating the income-generating potential of residential assets in the area.
What is the BHK-wise rental pattern in Azad Nagar?
Rental rates in Azad Nagar vary by configuration, with 1 BHK apartments averaging ₹46,000 per month, 2 BHK units at ₹60,000 per month, and 3 BHK units reaching ₹92,500 per month as of September 2026. These figures provide a clear hierarchy for tenants and landlords, where larger configurations command higher absolute rents, reflecting the diverse housing needs within the locality.
Which projects in Azad Nagar command the highest rental rates?
Shree Darshan is currently a top-tier project for rentals in Azad Nagar, commanding a rental rate of ₹111 per sq ft as of September 2026. This rate has remained stable with a 0% change, positioning it as a premium choice for tenants seeking established residential options in the locality compared to the broader area average of ₹100 per sq ft for apartments.
How does the rental rate for apartments in Azad Nagar compare to the broader market?
Apartments in Azad Nagar currently command an average rental rate of ₹100 per sq ft as of September 2026. This segment has experienced a notable appreciation of 12.37% compared to the previous period, suggesting that demand for apartment-style living in this locality remains robust despite fluctuations in other property categories.
Which residential projects in Azad Nagar have the highest listing rates?
As of September 2026, Lakshmi Omkar CHS leads with a listing rate of ₹35,600 per sq ft, having appreciated by 10.63% over the comparison period. Other prominent projects include Prathamesh Alfa CHS at ₹35,450 per sq ft (up 14.19%), Noor House Azad Nagar at ₹31,400 per sq ft (up 2.96%), Shree Darshan at ₹31,250 per sq ft (up 1.79%), and Lotus Belleza at ₹30,750 per sq ft (up 0.86%).
How should a buyer interpret the property rate data for Azad Nagar?
Buyers should use the September 2026 average asking price of ₹35,450 per sq ft as a benchmark to evaluate individual project listings. By comparing this against the status-wise data—such as the ₹32,250 per sq ft for Ready To Move units—investors can determine if a specific property is priced fairly relative to the current market trend and its development stage.
