Property rates in Azad Nagar average ₹32,150 per sq ft, reflecting a stable pricing environment in this key Mumbai locality. The market has seen a consistent upward trajectory, supported by healthy demand for both ready-to-move and under-construction projects. Investors are increasingly drawn to the area's strong rental yield of 3.77%, while premium residential developments continue to set high-value benchmarks, ensuring sustained interest from homebuyers looking for long-term growth in the western suburbs.
Insights for Azad Nagar, Mumbai Real Estate Market Overview
Azad Nagar maintains a robust residential property market, characterized by steady price appreciation and consistent buyer interest across diverse development stages. The area has evolved into a preferred choice for those seeking quality housing, with average prices currently reaching ₹32,150 per sq ft. Rental activity is particularly vibrant, with an average rental rate of ₹101 per sq ft and a favorable yield of 3.77%. Government registration data confirms significant market momentum, with 110 transactions totaling ₹266 Cr recorded between August 2025 and July 2026.
Property prices have appreciated from ₹31,050 per sq ft in September 2025 to ₹32,150 per sq ft by March 2026.
Rental demand is strong, with 1 BHK units averaging ₹42,800 per month and 3 BHK units reaching ₹92,500 per month.
The local rental market shows a positive growth trend of 5.21% in average rental rates.
Ready-to-move projects command an average price of ₹30,950 per sq ft, reflecting stable demand for immediate possession.
Apartment segments show significant growth, with a 10.18% increase in pricing over the period.
Market Strengths
A solid 5.21% growth in average rental rates indicates high demand for residential tenancies.
The market recorded 110 transactions worth ₹266 Cr, proving high liquidity.
Apartment segments are highly sought after, evidenced by a 10.18% YoY price increase.
Ready-to-move properties show a positive 0.94% growth, maintaining steady buyer confidence.
Top projects like Prathamesh Alfa CHS demonstrate strong price growth of 4.79%.
Market Challenges
Rental rates in areas like Orlem and Jankalyan Nagar have experienced declines of -2.3% and -4% respectively, suggesting localized rental pressure.
Some projects like Lotus Belleza have seen price adjustments of -1.45%.
Investment Opportunities
The 3.77% rental yield offers a reliable income stream for property investors in the area.
Apartment units have demonstrated strong capital appreciation with a 10.18% increase in pricing.
The consistent upward trend in property rates from ₹31,050 to ₹32,150 per sq ft suggests long-term value growth.
Rental rates for 3 BHK units at ₹92,500 per month provide a high-value opportunity for landlords.
Price Trend
Azad Nagar, Mumbai Property Price Trends and Appreciation
Property rates in Azad Nagar have shown a steady climb, moving from ₹31,050 per sq ft in September 2025 to a consistent ₹32,150 per sq ft by December 2025 and March 2026. This upward trend highlights the area's resilience and growing appeal among homebuyers. By June 2026, the location rate reached ₹35,450 per sq ft, signaling strong confidence in the local real estate market.
Azad Nagar stands at a notable price point compared to neighboring regions in the western suburbs. While Goregaon West averages ₹32,500 per sq ft and Bangur Nagar commands ₹36,900 per sq ft, Azad Nagar remains a competitive option for buyers. It maintains a premium over areas like Kandivali West, which averages ₹25,100 per sq ft, and Charkop Sector 2 at ₹26,150 per sq ft. This balanced pricing structure makes it an attractive middle ground for diverse property seekers.
Azad Nagar's real estate market centers primarily on apartment-style living, which has seen a notable 10.18% price increase. These residential units are currently priced at an average of ₹35,450 per sq ft, catering to a wide spectrum of buyer needs. This performance underscores the high demand for well-located apartment complexes within the locality.
The market in Azad Nagar provides a balanced mix of ready-to-move and under-construction properties. Ready-to-move inventory is priced at ₹30,950 per sq ft with a 0.94% increase, offering immediate value to families. Meanwhile, under-construction projects are available at ₹31,050 per sq ft, providing opportunities for those looking to invest in 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 with prices from ₹ 4.88 Cr to 9.30 Cr.
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
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 projects in Azad Nagar set the local price benchmark. Lakshmi Omkar CHS leads with an asking price of ₹32,150 per sq ft, while Prathamesh Alfa CHS follows at ₹31,050 per sq ft, showing a 4.79% increase. Other notable developments like Shree Darshan and Noor House Azad Nagar are priced at ₹30,700 per sq ft and ₹30,500 per sq ft respectively, offering diverse options for discerning buyers.
Project Name
Rate (₹/Sq.Ft)
Change %
Shree Darshan, Azad Nagar
111
-
Shree Darshan remains a top project for renters, with current rates reaching ₹111 per sq ft. This reflects the high desirability of established projects within the local rental market.
Government Registrations
Government Registration in Azad Nagar, Mumbai
Official registration data highlights a vibrant market with 110 transactions recorded between August 2025 and July 2026. These transactions represent a total gross value of ₹266 Cr, indicating strong buyer commitment. With registration rates averaging ₹17,300 per sq ft, the locality continues to see steady turnover and active engagement from both investors and end-users.
Sales Transactions110
Gross Sales Value₹ 266 Cr
Registered Rate₹ 17,300/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Azad Nagar
The market saw 110 property registrations between August 2025 and July 2026, totaling a gross value of ₹266 Cr. This reflects a healthy pace of transactions in the area.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2025-11-20
Floor 5, Unit 505
N/A
439 Sq.Ft.
2025-10-29
Floor 12, Unit 1203
N/A
460 Sq.Ft.
2025-10-29
Floor 10, Unit 1004
N/A
460 Sq.Ft.
2025-10-29
Floor 8, Unit 803
N/A
460 Sq.Ft.
2025-10-29
Floor 12, Unit 1204
N/A
460 Sq.Ft.
2025-10-29
Floor 10, Unit 1003
N/A
460 Sq.Ft.
2025-10-28
Floor 14, Unit 1403
N/A
417 Sq.Ft.
2025-10-27
Floor 13, Unit 1302
N/A
653 Sq.Ft.
2025-10-16
Floor 11, Unit 1101
N/A
532 Sq.Ft.
2025-09-30
Floor 10, Unit 1001
N/A
532 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Azad Nagar, Mumbai
Rental demand is robust across unit types, with 1 BHK apartments averaging ₹42,800 per month. Larger 2 BHK units command ₹61,000 per month, while 3 BHK apartments are rented at an average of ₹92,500 per month, catering to varied family sizes. Rental rates across the region vary, with Azad Nagar averaging ₹101 per sq ft. Other areas like Bangur Nagar and Malad West also maintain similar rental levels at ₹100 per sq ft, with some locations like Sunder Nagar seeing a sharp increase of 12.5%. Apartments dominate the rental landscape in Azad Nagar, averaging ₹100 per sq ft. This category has seen a positive growth trend of 4.95% over the past year, reflecting sustained demand for residential rental spaces. Shree Darshan remains a top project for renters, with current rates reaching ₹111 per sq ft. This reflects the high desirability of established projects within the local rental market.
Rental demand is robust across unit types, with 1 BHK apartments averaging ₹42,800 per month. Larger 2 BHK units command ₹61,000 per month, while 3 BHK apartments are rented at an average of ₹92,500 per month, catering to varied family sizes.
Rental rates across the region vary, with Azad Nagar averaging ₹101 per sq ft. Other areas like Bangur Nagar and Malad West also maintain similar rental levels at ₹100 per sq ft, with some locations like Sunder Nagar seeing a sharp increase of 12.5%.
Apartments dominate the rental landscape in Azad Nagar, averaging ₹100 per sq ft. This category has seen a positive growth trend of 4.95% over the past year, reflecting sustained demand for residential rental spaces.
Frequently Asked Questions About Property Rates in Azad Nagar, Mumbai
What is the average asking price in Azad Nagar as of June 2026?
The average asking price in Azad Nagar is ₹32,150 per sq ft as of June 2026. This rate has remained stable with a 0% change, reflecting a balanced market environment where supply and demand have held steady over the recent period.
How have property prices in Azad Nagar trended over the last year?
Property prices in Azad Nagar have shown a positive trajectory, moving from ₹31,050 per sq ft in September 2025 to ₹35,450 per sq ft by June 2026. This upward trend indicates resilient demand for residential apartments in the locality, signaling potential confidence among both end-users and long-term investors.
How does the average asking price in Azad Nagar compare to the Government Registration Rate?
As of the period between August 2025 and July 2026, the average asking price in Azad Nagar is ₹32,150 per sq ft, while the Government Registration Rate stands at ₹17,300 per sq ft. This difference highlights the gap between market-driven valuations and the government-benchmarked rates used for official property registrations, with 110 transactions recorded in this timeframe totaling a gross value of ₹266 Cr.
What is the difference in pricing between Ready To Move and Under Construction properties in Azad Nagar?
As of June 2026, Ready To Move properties in Azad Nagar are priced at an average of ₹30,950 per sq ft, which has appreciated by 0.94% compared to the previous period. In contrast, Under Construction properties are priced at ₹31,050 per sq ft, showing no price change. This marginal difference suggests that buyers are currently paying a similar premium for both immediate possession and future delivery projects.
What is the average rental yield in Azad Nagar for investors?
The average rental yield in Azad Nagar is 3.77% as of June 2026. This yield provides a clear indicator of the annual rental income an investor can expect relative to the property's purchase price, making it a useful metric for those evaluating the locality for income-generating potential alongside capital appreciation.
What are the typical monthly rental rates for different BHK configurations in Azad Nagar?
As of June 2026, the average monthly rent in Azad Nagar is ₹42,800 for a 1 BHK, ₹61,000 for a 2 BHK, and ₹92,500 for a 3 BHK apartment. These figures reflect the diverse rental market in the area, catering to various tenant profiles ranging from single professionals to larger families.
Which projects in Azad Nagar command the highest rental rates?
Shree Darshan is currently a top project for rentals in Azad Nagar, commanding a rental rate of ₹111 per sq ft as of June 2026. This rate has remained stable with a 0% change, positioning it as a premium choice for tenants seeking high-quality residential options within the locality.
How do rental rates for apartments in Azad Nagar compare to other nearby areas?
Apartments in Azad Nagar command an average rental rate of ₹100 per sq ft as of June 2026, which has appreciated by 4.95% over the compared period. This rate is consistent with several surrounding neighbourhoods like Evershine Nagar, Orlem, and Malad West, which also average ₹100 per sq ft, while areas like Sunder Nagar have seen a significant 12.5% appreciation in rental rates.
Which are the top projects by listing rates in Azad Nagar?
As of June 2026, the top projects by listing rates in Azad Nagar include Lakshmi Omkar CHS at ₹32,150 per sq ft, Prathamesh Alfa CHS at ₹31,050 per sq ft (which appreciated by 4.79%), and Shree Darshan at ₹30,700 per sq ft (which appreciated by 2.32%). These projects represent some of the most prominent residential addresses in the locality based on current market listings.
How should a prospective buyer interpret the property rate data for Azad Nagar?
Prospective buyers should use the June 2026 data to compare the current average asking price of ₹32,150 per sq ft against their budget and the historical trend, which has moved upward from ₹31,050 per sq ft in September 2025. By observing both the status-wise pricing and the rental yield of 3.77%, buyers can better assess whether a property serves their needs for immediate self-use or as a long-term investment asset.
