Property Rates in Bangur Nagar, Mumbai 2026

Property prices in Bangur Nagar have shown a consistent upward trajectory throughout the first half of 2026. The average asking price rose from ₹36,900 per sq ft in March 2026 to ₹37,400 per sq ft in June 2026, signaling sustained buyer interest and market resilience in the area.

The current average asking price in Bangur Nagar stands at ₹37,400 per sq ft, while the Government Registration Rate is recorded at ₹21,300 per sq ft based on transactions from October 2025 to September 2026. This variance is common in premium micromarkets where market-driven valuations often exceed the base registration values used for official documentation.

As of June 2026, Ready To Move properties in Bangur Nagar are priced at an average of ₹26,400 per sq ft, which represents a depreciation of 1.4% compared to the prior period. In contrast, New Launch projects are positioned at an average of ₹30,800 per sq ft, having appreciated by 1.99% over the same timeframe, reflecting the premium often associated with newer, modern developments.

The average rental rate in Bangur Nagar is ₹97 per sq ft as of June 2026, marking an appreciation of 3.19% compared to earlier periods. The area currently offers a rental yield of 3.11%, which provides investors with a clear metric to evaluate the income-generating potential of their property relative to the capital investment required for purchase.

As of June 2026, the rental market in Bangur Nagar shows distinct pricing based on unit size. A 2 BHK apartment commands an average rent of ₹74,150 per month, while a 3 BHK apartment averages ₹99,950 per month, catering to different tenant profiles ranging from small families to those seeking more spacious living arrangements.

Among the top rental projects in Bangur Nagar, Kolte Patil Verve stands out with a current rental rate of ₹94 per sq ft, having appreciated by 8.05% as of June 2026. Another notable project, Janki Kutir, maintains a rental rate of ₹83 per sq ft, with rates remaining stable at 0% change over the observed period.

Rental rates across the vicinity of Bangur Nagar show significant variation. While areas like Motilal Nagar and Yamnuna Nagar command higher rates of ₹150 per sq ft, other nearby localities such as Goregaon West, Mitha Nagar, and Unnat Nagar maintain an average rental rate of ₹100 per sq ft as of June 2026. Investors should note that these rates are subject to market fluctuations, such as the 34.38% appreciation seen in Motilal Nagar or the 35.04% depreciation observed in Mhada Colony.

As of June 2026, Kolte Patil Verve leads with a listing rate of ₹37,200 per sq ft, showing an appreciation of 0.76%. Kalpataru Elaara follows with a listing rate of ₹30,800 per sq ft, reflecting a 1.99% appreciation. These projects represent the premium segment of the local market, providing high-value options for potential buyers and investors.

Buyers should use the provided data to benchmark current market expectations against historical trends. By observing that the average asking price is ₹37,400 per sq ft as of June 2026 and noting the appreciation of 1.3%, buyers can gauge the momentum of the locality. Comparing this against the Government Registration Rate of ₹21,300 per sq ft helps in understanding the total cost of acquisition beyond just the base property price.