Property rates in Azad Nagar average ₹32,150 per sq ft. The market has seen a steady upward trend over the last year, reflecting strong demand for residential units. Investors often look toward the 3.77% rental yield as a key indicator of the area's growth. With a mix of ready-to-move and under-construction projects, the locality maintains a competitive edge within the Mumbai western suburbs, supported by consistent rental and capital appreciation.
Insights for Azad Nagar, Mumbai Real Estate Market Overview
Azad Nagar has established itself as a key residential hub in Mumbai, with property values showing consistent growth across recent quarters. The market currently balances a supply of ready-to-move and under-construction apartments, catering to both immediate occupiers and long-term investors. Rental demand remains robust, driven by a steady influx of residents seeking proximity to major commercial corridors. Recent registration data highlights a healthy transaction volume, reinforcing the area's status as a stable investment destination.
Average property rates have climbed to ₹32,150 per sq ft in the most recent quarter.
Rental yields in the area currently stand at 3.77%, reflecting healthy returns for property owners.
Ready-to-move apartments are priced at an average of ₹30,950 per sq ft.
The rental market shows strong activity, with 3 BHK units commanding an average monthly rent of ₹92,500.
Project-specific performance is highlighted by developments like Lakshmi Omkar CHS, which maintains a stable rate of ₹32,150 per sq ft.
Market Strengths
Average property rates of ₹32,150 per sq ft confirm the area's premium standing.
Strong rental demand for 3 BHK units at ₹92,500 per month indicates a high-end tenant base.
Consistent quarterly price appreciation shows long-term value stability.
A healthy 0.94% growth in ready-to-move property prices demonstrates sustained buyer confidence.
An overall rental yield of 3.77% outperforms many traditional savings instruments.
The 10.18% increase in apartment pricing highlights strong demand for this specific property type.
Market Challenges
Rental rates for 1 BHK units at ₹42,800 per month require careful assessment of tenant turnover.
Some surrounding areas like Charkop Gaon have experienced a price decline of -6.85%.
Goregaon West has seen a price correction of -3.38%, indicating potential market volatility in nearby zones.
Kandivali West property rates have dipped by -2.41%, reflecting localized supply adjustments.
Investment Opportunities
Rental yield of 3.77% offers a stable income stream for residential property owners.
1 BHK apartments available for an average monthly rent of ₹42,800 provide an entry-level rental investment.
The 10.18% annual growth in apartment prices suggests strong capital appreciation potential.
Ready-to-move inventory priced at ₹30,950 per sq ft allows for immediate rental income generation.
Price Trend
Azad Nagar, Mumbai Property Price Trends and Appreciation
Azad Nagar has seen a clear upward trajectory in property rates, rising from ₹31,050 per sq ft in September 2025 to ₹32,150 per sq ft by March 2026. This consistent growth reflects the area's increasing appeal to homebuyers and investors alike. The market continues to show resilience as demand outpaces supply, maintaining steady price appreciation through the middle of 2026.
The surrounding micromarkets offer diverse price points, with Bangur Nagar commanding a premium at ₹36,900 per sq ft. Goregaon West remains a significant benchmark in the area, averaging ₹32,500 per sq ft. In contrast, locations like Charkop Gaon and Charkop Sector 3 offer more accessible entry points at ₹23,850 and ₹23,350 per sq ft, respectively. This range allows investors and homebuyers to choose based on their specific budget and location preferences.
Azad Nagar's real estate market is primarily defined by its apartment segment, which has seen a notable increase of 10.18% to reach an average of ₹35,450 per sq ft. This growth underscores the high demand for residential apartment living in the locality. The focus on high-quality residential units ensures that the market remains attractive to those seeking both lifestyle benefits and long-term asset value.
The market provides a balanced mix of ready-to-move and under-construction projects. Ready-to-move inventory is priced at an average of ₹30,950 per sq ft, reflecting a 0.94% increase that signals steady demand for immediate occupancy. Meanwhile, under-construction projects are available at ₹31,050 per sq ft, offering opportunities for those planning for future possession.
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
₹ 2.77 Cr - ₹ 7.77 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
Mahindra Marina 64
₹ 2.78 Cr - ₹ 5.41 Cr
Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova
₹ 2.60 Cr - ₹ 4.97 Cr
Mumbai Western Suburbs, Mumbai
Godrej Skyshore
₹ 9.84 Cr - ₹ 16.49 Cr
Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS
₹ 6.65 Cr - ₹ 11.53 Cr
Mumbai Western Suburbs, Mumbai
Paradigm Superstar
₹ 19.43 Cr - ₹ 30 Cr
Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower
₹ 88 L - ₹ 1.77 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
₹ 94.99 L - ₹ 3.51 Cr
Premium residential developments in Azad Nagar are setting high-value benchmarks. Lakshmi Omkar CHS leads with an asking price of ₹32,150 per sq ft. Prathamesh Alfa CHS follows closely at ₹31,050 per sq ft, showing a strong growth of 4.79%. Other notable projects like Shree Darshan and Noor House Azad Nagar are also attracting attention, priced at ₹30,700 and ₹30,500 per sq ft respectively.
Project Name
Rate (₹/Sq.Ft)
Change %
Shree Darshan, Azad Nagar
111
-
Shree Darshan remains a top-performing rental project, currently commanding a rate of ₹111 per sq ft. This project continues to be a preferred choice for tenants in Azad Nagar.
Government Registrations
Government Registration in Azad Nagar, Mumbai
Official registration data shows a total of 62 transactions recorded between October 2025 and September 2026, with a gross value of ₹129 Cr. The registered rate for these transactions averaged ₹23,800 per sq ft. This volume of activity highlights the sustained buyer interest and consistent market momentum within the locality.
Sales Transactions62
Gross Sales Value₹ 129 Cr
Registered Rate₹ 23,800/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Azad Nagar, Mumbai
Rental demand is segmented by unit size, with 1 BHK apartments averaging ₹42,800 per month. Larger 2 BHK units command an average of ₹61,000, while spacious 3 BHK residences reach ₹92,500 per month. These rates reflect the diverse rental needs of professionals and families in the area. Rental rates across the locality are stable, with most areas like Evershine Nagar, Orlem, and Malad West averaging ₹100 per sq ft. Sunder Nagar has shown significant rental growth of 12.5%, while Jankalyan Nagar currently averages ₹50 per sq ft. These variations highlight the rental premium associated with specific pockets in the Mumbai western suburbs. The apartment rental market is highly active, with average rates at ₹100 per sq ft. This segment has experienced a positive growth of 4.95% over the past year, indicating consistent demand for residential rental properties. Shree Darshan remains a top-performing rental project, currently commanding a rate of ₹111 per sq ft. This project continues to be a preferred choice for tenants in Azad Nagar.
Rental demand is segmented by unit size, with 1 BHK apartments averaging ₹42,800 per month. Larger 2 BHK units command an average of ₹61,000, while spacious 3 BHK residences reach ₹92,500 per month. These rates reflect the diverse rental needs of professionals and families in the area.
Rental rates across the locality are stable, with most areas like Evershine Nagar, Orlem, and Malad West averaging ₹100 per sq ft. Sunder Nagar has shown significant rental growth of 12.5%, while Jankalyan Nagar currently averages ₹50 per sq ft. These variations highlight the rental premium associated with specific pockets in the Mumbai western suburbs.
The apartment rental market is highly active, with average rates at ₹100 per sq ft. This segment has experienced a positive growth of 4.95% over the past year, indicating consistent demand for residential rental properties.
Frequently Asked Questions About Property Rates in Azad Nagar, Mumbai
What is the current average asking price in Azad Nagar as of June 2026?
As of June 2026, the average asking price in Azad Nagar stands at ₹32,150 per sq ft. This rate has remained stable, showing a 0% change over the observed period, which suggests a balanced market environment where supply and demand are currently well-aligned.
How have property prices in Azad Nagar trended over the last year?
Property prices in Azad Nagar have shown a positive trajectory, with the location rate rising from ₹31,050 per sq ft in September 2025 to ₹35,450 per sq ft by June 2026. This upward movement indicates strong buyer interest and sustained demand for residential properties in this locality over the past three quarters.
How does the average asking price in Azad Nagar compare to the Government Registration Rate?
The average asking price in Azad Nagar is currently ₹32,150 per sq ft, while the Government Registration Rate is recorded at ₹23,800 per sq ft for the period between October 2025 and September 2026. This gap between the market asking price and the government-registered value is a common observation in established urban markets, reflecting the premium that current market demand places on properties beyond the base registration benchmarks.
What is the price difference 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, having appreciated by 0.94% compared to the previous period. In contrast, Under Construction properties are priced at ₹31,050 per sq ft, showing no change in price over the same timeframe, indicating that both segments are currently maintaining stable valuation levels.
What is the average rental yield in Azad Nagar and what does it signify for investors?
The average rental yield in Azad Nagar is 3.77% as of June 2026. For property investors, this yield represents the annual rental income generated relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of an investment in this locality.
What are the typical monthly rental rates for different BHK configurations in Azad Nagar?
As of June 2026, rental rates in Azad Nagar vary by configuration: 1 BHK apartments average ₹42,800 per month, 2 BHK apartments average ₹61,000 per month, and 3 BHK apartments average ₹92,500 per month. These figures provide a clear benchmark for tenants and landlords, reflecting the premium associated with larger living spaces in the area.
Which projects in Azad Nagar command the highest rental rates?
Shree Darshan is a standout project 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 renters looking for high-quality residential options within the locality.
How do rental rates 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 June 2026. This rate has appreciated by 4.95% compared to the previous period, signaling a healthy increase in rental demand for apartment-style living in this specific micromarket.
Are there notable price variations in nearby neighbourhoods compared to Azad Nagar?
Yes, property rates vary significantly across the vicinity of Azad Nagar. For instance, Bangur Nagar commands a higher average of ₹36,900 per sq ft, while areas like Charkop Gaon and Charkop Sector 3 are more affordably priced at ₹23,850 per sq ft and ₹23,350 per sq ft respectively as of June 2026. These variations allow buyers to choose between premium pockets like Bangur Nagar or more budget-friendly options in the Charkop belt depending on their investment goals.
What are the top 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 ₹31,050 per sq ft, and Shree Darshan at ₹30,700 per sq ft. Prathamesh Alfa CHS has notably seen an appreciation of 4.79% compared to the previous period, reflecting strong market confidence in that specific development.
