Property rates in Bangur Nagar average ₹36,900 per sq ft. This locality displays a steady market profile with notable interest in premium residential developments. Investors are seeing a rental yield of 3.06%, supported by an average rental rate of ₹94 per sq ft. With a diverse range of projects from established names, the area remains a key residential hub in Mumbai's western suburbs, balancing modern living with consistent demand for both rental and owned properties.
Insights for Bangur Nagar, Mumbai Real Estate Market Overview
Bangur Nagar currently presents a robust residential market with an average asking price of ₹36,900 per sq ft. The local property landscape is characterized by a mix of established apartment complexes and new launches that cater to varying buyer preferences. Rental activity is particularly active, with average rates hovering around ₹94 per sq ft and a healthy rental yield of 3.06% for investors. Recent government registration data indicates a steady flow of transactions, confirming the area's ongoing appeal as a primary residential destination in Mumbai.
Asking prices for apartments have shown a positive trend, reaching an average of ₹37,400 per sq ft.
Rental rates for 3 BHK units are particularly attractive, averaging ₹98,900 per month.
The rental market has seen a strong year-on-year increase of 6.82%.
New launch projects are entering the market at competitive rates, such as ₹30,200 per sq ft.
Market Strengths
The primary residential segment remains strong with an average apartment price of ₹37,400 per sq ft.
High rental demand is evidenced by the 6.82% increase in average rental rates across the locality.
Premium projects like Kolte Patil Verve maintain high value, holding a price of ₹36,900 per sq ft.
The rental yield of 3.06% is highly competitive for the Mumbai western suburbs.
Diverse rental options exist, ranging from ₹73,700 for 2 BHKs to ₹98,900 for 3 BHK apartments.
Market Challenges
Ready-to-move projects have experienced a price correction of -14.17%, suggesting a shift in demand for older inventory.
Several established housing societies show minor year-on-year price declines, such as Jal Mandir CHS at -1.28% and Bhattad Augustine at -1.09%.
Rental rates in specific sub-locations like Mahesh Nagar and Shri Nagar have seen declines of -10.31% and -9.28% respectively.
Investment Opportunities
Investors can leverage a rental yield of 3.06%, which provides steady returns on residential assets.
The 6.82% year-on-year increase in average rental rates indicates strong growth potential for buy-to-let investors.
New launch projects at ₹30,200 per sq ft offer a lower entry price point compared to the broader apartment average of ₹37,400 per sq ft.
3 BHK apartments command a monthly rental average of ₹98,900, catering to the high-end tenant demographic.
Top Localities in Bangur Nagar, Mumbai
Sunder Nagar
Avg Price₹ 29,350 /Sq.Ft.
Avg Rent₹ 80 /Sq.Ft.
YIELD
+ 3.27
LISTINGS
8
Price Trend
Bangur Nagar, Mumbai Property Price Trends and Appreciation
The market in Bangur Nagar has shown resilience, with rates moving from ₹36,950 per sq ft in late 2025 to the current ₹36,900 per sq ft. During this same period, the broader micromarket has experienced steady growth, rising from ₹33,100 per sq ft to ₹35,900 per sq ft by mid-2026. This upward trajectory in the surrounding areas highlights the growing value of the region.
Bangur Nagar stands as a premium residential pocket within Mumbai. It commands higher rates compared to nearby areas like Unnat Nagar at ₹23,850 per sq ft and Sunder Nagar at ₹29,350 per sq ft. Conversely, it maintains a competitive position against more expensive hubs like Oshiwara, which averages ₹36,000 per sq ft.
Bangur Nagar’s real estate market centers primarily on apartment living. These residential units currently average ₹37,400 per sq ft, reflecting a positive growth trend of 1.3%. This focus on apartment-style housing caters to the high demand for modern, vertical living spaces in the locality.
Premium residential developments define the upper tier of the Bangur Nagar market. Kolte Patil Verve leads the segment with an asking price of ₹36,900 per sq ft, showing a positive change of 0.55%. Other notable projects like Kalpataru Elaara are priced at ₹30,200 per sq ft, while established options like Jal Mandir CHS and Shree Giriraj Dharan CHS offer entry points at ₹25,900 and ₹25,650 per sq ft, respectively.
Project Name
Rate (₹/Sq.Ft)
Change %
Kolte Patil Verve, Bangur Nagar
94
8.1
Janki Kutir, Bangur Nagar
83
-
Top projects are setting benchmarks for rental income in the area. Kolte Patil Verve leads with an average rental rate of ₹100 per sq ft, showing a robust growth of 8.05%. Janki Kutir also maintains a steady rental presence at ₹100 per sq ft.
Government Registrations
Government Registration in Bangur Nagar, Mumbai
Government registration data for the period between September 2025 and August 2026 shows 8 recorded transactions. These deals reached a gross value of ₹12 Cr, with an average registered rate of ₹22,200 per sq ft. This activity reflects consistent buyer engagement within the local property market.
Sales Transactions8
Gross Sales Value₹ 12 Cr
Registered Rate₹ 22,200/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Bangur Nagar, Mumbai
Rental demand is well-distributed across larger unit types. 3 BHK apartments command an average rent of ₹98,900 per month, while 2 BHK units are available at an average of ₹73,700 per month. Rental rates across the locality are diverse, with areas like Best Nagar and Mhada Colony averaging ₹150 per sq ft. Meanwhile, most other sub-locations including Goregaon West and Unnat Nagar hover around the ₹100 per sq ft mark. The apartment segment remains the dominant property type for rentals in Bangur Nagar, with an average rate of ₹100 per sq ft. This segment has experienced a positive year-on-year growth of 4.26%. Top projects are setting benchmarks for rental income in the area. Kolte Patil Verve leads with an average rental rate of ₹100 per sq ft, showing a robust growth of 8.05%. Janki Kutir also maintains a steady rental presence at ₹100 per sq ft.
Rental demand is well-distributed across larger unit types. 3 BHK apartments command an average rent of ₹98,900 per month, while 2 BHK units are available at an average of ₹73,700 per month.
Rental rates across the locality are diverse, with areas like Best Nagar and Mhada Colony averaging ₹150 per sq ft. Meanwhile, most other sub-locations including Goregaon West and Unnat Nagar hover around the ₹100 per sq ft mark.
The apartment segment remains the dominant property type for rentals in Bangur Nagar, with an average rate of ₹100 per sq ft. This segment has experienced a positive year-on-year growth of 4.26%.
Frequently Asked Questions About Property Rates in Bangur Nagar, Mumbai
What is the current average asking price in Bangur Nagar?
As of June 2026, the average asking price in Bangur Nagar is ₹36,900 per sq ft. This figure reflects a slight depreciation of 0.07% compared to the previous period, indicating a period of relative price stability in this residential locality.
How have property rates in Bangur Nagar trended over the last year?
Property rates in Bangur Nagar have shown a consistent upward trajectory over the last four quarters, moving from ₹33,100 per sq ft in September 2025 to the current level of ₹36,900 per sq ft as of June 2026. This steady growth in the location rate suggests resilient demand and sustained interest from both homebuyers and investors in this micromarket.
How does the average asking price in Bangur Nagar compare to the Government Registration Rate?
The average asking price in Bangur Nagar is currently ₹36,900 per sq ft, while the Government Registration Rate stands at ₹22,200 per sq ft as of the period between September 2025 and August 2026. This difference highlights the gap between market-driven valuations and official registration benchmarks, which is a common observation in premium residential pockets.
What is the price difference between Ready To Move and New Launch properties in Bangur Nagar?
As of June 2026, Ready To Move properties in Bangur Nagar are priced at an average of ₹26,750 per sq ft, which represents a depreciation of 14.17% compared to the prior period. In contrast, New Launch projects are currently priced at ₹30,200 per sq ft, showing stable pricing with 0% change, reflecting the premium often associated with newer developments and modern amenities.
What is the average rental yield in Bangur Nagar and what does it signify for investors?
The average rental yield in Bangur Nagar is 3.06% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of an apartment in this area alongside potential long-term capital appreciation.
What are the typical rental rates for 2 BHK and 3 BHK apartments in Bangur Nagar?
As of June 2026, the average monthly rent for a 2 BHK apartment in Bangur Nagar is ₹73,700, while a 3 BHK apartment commands an average monthly rent of ₹98,900. These figures provide a clear benchmark for tenants and landlords, reflecting the premium nature of the housing stock available in this locality.
How do rental rates for apartments in Bangur Nagar compare to the broader area?
Apartments in Bangur Nagar currently command an average rental rate of ₹100 per sq ft as of June 2026, which has appreciated by 4.26% compared to the previous period. This growth highlights the increasing demand for rental housing in the locality, keeping it competitive with surrounding neighbourhoods in the Mumbai Western Suburbs.
Which projects in Bangur Nagar currently command the highest rental rates?
Among the top rental projects in Bangur Nagar as of June 2026, Kolte Patil Verve leads with a current rental rate of ₹94 per sq ft, showing an appreciation of 8.05% compared to the previous period. Janki Kutir also features prominently with a rental rate of ₹83 per sq ft, maintaining stable pricing with 0% change over the same timeframe.
How do property rates in Bangur Nagar compare to nearby localities?
Property rates in Bangur Nagar, at ₹36,900 per sq ft as of June 2026, are generally higher than several surrounding areas. For instance, Goregaon West is currently at ₹32,500 per sq ft (depreciated by 3.38%), while Malad West is at ₹30,150 per sq ft (appreciated by 4.67%). This positioning suggests that Bangur Nagar maintains a premium status within the local micromarket.
What are the top projects in Bangur Nagar by listing rates?
As of June 2026, Kolte Patil Verve is the top project by listing rate at ₹36,900 per sq ft, having appreciated by 0.55%. Other notable projects include Kalpataru Elaara at ₹30,200 per sq ft with stable pricing, and Jal Mandir CHS at ₹25,900 per sq ft, which has seen a depreciation of 1.28% compared to the previous period.
How should a prospective buyer interpret the property rate data for Bangur Nagar?
Prospective buyers should use the June 2026 data to understand the current market entry point of ₹36,900 per sq ft and compare it against the historical trend provided. By analyzing the differences between Ready To Move and New Launch pricing, as well as the rental yield of 3.06%, buyers can better align their purchase strategy with their goals of either immediate occupancy or long-term investment.
