Property Rates in Bangur Nagar, Mumbai

Property prices in Bangur Nagar have shown a slight downward trend in the most recent period. After remaining relatively stable with an average asking price of ₹36,972 per sq ft in Sep 2025 and ₹36,925 per sq ft in Dec 2025, the average asking price dipped to ₹36,898 per sq ft as of Mar 2026. This indicates a minor correction in the market from the previous quarter.

As of Mar 2026, the average asking price in Bangur Nagar stands at ₹36,898 per sq ft. In contrast, the Government Registration Rate for the period of May 25 to Apr 26 is ₹22,200 per sq ft. This indicates a significant gap between what sellers are asking for properties and the rates registered with the government, suggesting potential for negotiation or a difference in market valuation.

Property rates vary significantly across neighbourhoods near Bangur Nagar as of Mar 2026. Oshiwara shows the highest average rate at ₹36,002 per sq ft, appreciating by 24.23% from the previous period. Lokhandwala Complex is priced at ₹35,222 per sq ft, experiencing a slight depreciation of 1.85%. Goregaon West averages ₹32,501 per sq ft with a depreciation of 1.68%, while Malad West has seen an appreciation of 8.06% to ₹30,173 per sq ft. These variations highlight distinct pricing dynamics within the broader western suburbs.

As of Mar 2026, the average price for apartments in Bangur Nagar is ₹36,898 per sq ft. This segment has experienced a slight depreciation of 0.07% compared to the previous period. This figure represents the typical asking rate for apartment properties within the locality.

In Bangur Nagar, Ready To Move properties have an average price of ₹31,191 per sq ft as of Mar 2026, showing a depreciation of 4.1% from the prior period. In contrast, Well Occupied properties are priced at ₹25,599 per sq ft, having appreciated by 5.13%. This suggests that while Ready To Move inventory has seen a price correction, Well Occupied properties have gained value.

As of Mar 2026, Kolte Patil Verve in Bangur Nagar has the highest listing rate at ₹36,697 per sq ft, though it has depreciated by 3.66%. Other projects like Jal Mandir CHS (₹26,231 per sq ft, appreciating by 4.06%) and Bhattad Augustine (₹25,685 per sq ft, depreciating by 4.73%) also feature prominently. The rates among these top projects show varied recent price movements.

As of Mar 2026, the average rental rate in Bangur Nagar is ₹94 per sq ft, with a rental yield of 3.06%. The average rental rate for apartments in Bangur Nagar has appreciated by 6.82% in the latest period. This indicates a growing demand for rental properties in the locality, with potential for attractive returns for landlords.

In Bangur Nagar, the average monthly rent for a 2 BHK apartment is ₹70,237, while a 3 BHK apartment commands an average monthly rent of ₹88,611. These figures represent typical rental costs for these configurations within the locality, catering to different household needs and budgets.

Rental rates vary across micromarkets near Bangur Nagar as of Mar 2026. Mitha Nagar shows a high average rental rate of ₹103 per sq ft, appreciating by 7.29%. Goregaon West averages ₹99 per sq ft with a 1.02% increase, while Ram Nagar is at ₹105 per sq ft with stable rates. Unnat Nagar has seen a depreciation of 3.81% to ₹101 per sq ft, and Sunder Nagar has a lower average rental rate of ₹80 per sq ft.

As of Mar 2026, Kolte Patil Verve leads in rental rates within Bangur Nagar, with a current rental rate of ₹94 per sq ft, showing an appreciation of 8.05%. Janki Kutir is another notable project with a rental rate of ₹83 per sq ft, maintaining stable rental values. These projects represent premium rental offerings in the locality.

A rental yield of 3.06% in Bangur Nagar as of Mar 2026 indicates the annual return an investor can expect from rental income relative to the property's capital value. This figure, combined with the average asking price of ₹36,898 per sq ft, suggests that while capital appreciation is a factor, the immediate rental income potential is moderate. Investors should consider this yield alongside market appreciation trends for a comprehensive investment outlook.

Bangur Nagar's average asking price of ₹36,898 per sq ft as of Mar 2026 is higher than Goregaon West's ₹32,501 per sq ft (which depreciated by 1.68%) and Malad West's ₹30,173 per sq ft (which appreciated by 8.06%). This suggests that Bangur Nagar commands a premium compared to these adjacent areas, potentially due to its specific micro-market characteristics or property offerings.