- Robust average asking price of ₹36,773 per sq ft, reflecting a premium locality in Mumbai.
- Consistent and significant transaction activity with 35 registrations and a gross value of ₹53 Cr in the past year.
- Presence of established projects like Kolte Patil Verve, offering high-value residential options.
- Diverse options in property status, including 'Ready To Move' and 'Well Occupied' units, catering to different buyer needs.
- Strong positioning relative to neighboring areas, commanding competitive rates.
- Apartments, the dominant property type, show overall price stability with only a minor change.
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Property Rates in Bangur Nagar, Mumbai
Comprehensive Market Snapshot
The Bangur Nagar real estate market in Mumbai demonstrates dynamic activity with asking prices averaging ₹36,773 per sq ft. Recent quarterly trends show a slight softening in average rates from September to December 2025, while apartments dominate the property types, representing the entire market. The market features a mix of 'Ready To Move' and 'Well Occupied' units, with projects like Kolte Patil Verve setting higher price benchmarks. This vibrant locality also registered 35 property transactions worth ₹53 Cr between April 2025 and March 2026, indicating sustained buyer interest.
- Asking Sale Price₹ 36,773/sq.ft
Insights for Bangur Nagar, Mumbai Real Estate Market
Bangur Nagar, a prominent locality in Mumbai, exhibits a robust real estate market, with current asking prices at ₹36,773 per sq ft. While the average location rate saw a marginal dip from ₹36,972 per sq ft in September 2025 to ₹36,925 per sq ft by December 2025, the market maintains a strong value proposition. Compared to neighboring areas, Bangur Nagar commands a higher average rate than Goregaon West (₹32,397 per sq ft) and Malad West (₹30,067 per sq ft), though it is closely aligned with Lokhandwala Complex (₹35,222 per sq ft). The market is primarily driven by the apartment segment, which accounts for all property types and currently trades at an average of ₹36,773 per sq ft. Buyers have options across various stages of development; 'Ready To Move' properties are available at approximately ₹31,191 per sq ft, while 'Well Occupied' units, representing a larger inventory, average ₹25,599 per sq ft. Noteworthy projects such as Kolte Patil Verve lead the premium segment with asking rates around ₹36,697 per sq ft. The government registration data further underscores market activity, with 35 transactions totaling ₹53 Cr recorded between April 2025 and March 2026, at an average registered rate of ₹22,200 per sq ft. This blend of strong asking prices, diverse property status options, and consistent transaction volume makes Bangur Nagar an attractive destination for homeowners and investors alike.
- Slight dip in average asking rates for the locality from September to December 2025, indicating potential short-term price adjustments.
- Lack of readily available rental rate data makes it difficult to assess rental yield for investors.
- The market is solely dominated by apartments, limiting property type diversity for buyers seeking other options like villas or plots.
- Limited inventory of 'Ready To Move' units (only 2 units reported), potentially restricting immediate occupancy choices.
- Absence of data for top developers or projects by transaction volume/value, making it harder to identify market leaders by activity.
- Opportunity for capital appreciation in 'Well Occupied' properties, which have shown a 5.13% increase in average price.
- Entry into a prime Mumbai locality with competitive pricing compared to some high-end neighbors like Lokhandwala Complex.
- Availability of 'Ready To Move' apartments offers immediate rental income potential for investors.
- The consistent transaction volume and significant gross value of registrations indicate a liquid and active market.
- Bangur Nagar's strong average asking price suggests sustained demand and value for residential apartments.
Property Price Trends in Bangur Nagar, Mumbai
Analyzing the price trends for Bangur Nagar reveals a notable stability in recent quarters. The average asking rate for the locality stood at ₹36,972 per sq ft in September 2025, experiencing a minor adjustment to ₹36,925 per sq ft by December 2025. This slight fluctuation suggests a market finding its equilibrium after previous movements, offering a consistent valuation for potential buyers and investors.
Bangur Nagar's real estate market is exclusively dominated by the apartment segment, reflecting its urban residential character. Apartments in this locality currently command an average price of ₹36,773 per sq ft. This segment has experienced a marginal change of -0.41%, suggesting a stable yet competitive environment for buyers seeking multi-family housing options.
The Bangur Nagar market offers properties across various development stages, catering to different buyer timelines and preferences. 'Ready To Move' units, totaling 2, are available at an average of ₹31,191 per sq ft, despite a slight decrease of 4.1% in their average price, appealing to those seeking immediate occupancy. Meanwhile, 'Well Occupied' properties, which constitute a larger inventory of 7 units, show a positive trend with average prices around ₹25,599 per sq ft, experiencing a 5.13% increase. This diversity allows buyers to balance possession timing with pricing preferences.
Bangur Nagar commands a significant average rate of ₹36,773 per sq ft, positioning it as a premium residential hub in Mumbai. This rate is notably higher than its immediate neighbors like Goregaon West, which averages ₹32,397 per sq ft, and Malad West at ₹30,067 per sq ft. However, it aligns closely with the upscale Lokhandwala Complex, priced at ₹35,222 per sq ft, and surpasses Oshiwara's average of ₹31,885 per sq ft. Such pricing indicates Bangur Nagar's strong market standing and desirability within the broader Mumbai Western Suburbs.
Project and Developer Insights
Premium residential developments in Bangur Nagar are commanding significant asking prices, reflecting their quality and prime locations. Leading the segment, Kolte Patil Verve in Bangur Nagar is priced at ₹36,697 per sq ft, despite a -3.66% change, setting a high-value benchmark. Other notable projects include Jal Mandir CHS at ₹26,231 per sq ft, showing a positive 4.06% increase, and Bhattad Augustine at ₹25,685 per sq ft. Projects like Padma Prabha CHS and Jal Kaveri CHS also contribute to the market with current rates around ₹25,608 per sq ft, indicating a robust upper-mid segment.
Government Registration in Bangur Nagar, Mumbai
- Sales Transactions35
- Gross Sales Value₹ 53 Cr
- Registered Rate₹ 22,200/sq.ft
Official registration data reveals consistent transaction activity in Bangur Nagar. Between April 2025 and March 2026, the market recorded 35 property transactions, accumulating a gross value of ₹53 Cr. The average registered rate during this period stood at ₹22,200 per sq ft, showcasing a healthy flow of property ownership transfers and underlining the locality's active real estate landscape.