Property Rates in Bangur Nagar, Mumbai 2026

Property prices in Bangur Nagar have shown a steady upward trajectory over the last few quarters, with the location rate rising from ₹36,950 per sq ft in Sep 2025 to ₹37,400 per sq ft in Jun 2026. While the market experienced a slight fluctuation in the interim, the overall movement suggests resilient demand for residential apartments in this micromarket.

The average asking price in Bangur Nagar is ₹36,900 per sq ft as of Jun 2026, while the registered rate stands at ₹22,200 per sq ft based on transactions recorded between Oct 2025 and Sep 2026. This variance is common in real estate, as the Government Registration Rate is often based on historical data and circle rates, whereas the asking price reflects current market sentiment and premium project valuations.

As of Jun 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 previous period. In contrast, New Launch projects are currently priced at ₹30,200 per sq ft, showing stable pricing with 0% change, suggesting that newer inventory is maintaining its value despite broader market adjustments.

The average rental rate in Bangur Nagar is ₹94 per sq ft as of Jun 2026, which has appreciated by 6.82% compared to the previous period. The current rental yield stands at 3.06%, providing investors with a clear metric to evaluate the income potential of their residential assets relative to the capital investment required for property acquisition.

As of Jun 2026, a 2 BHK apartment in Bangur Nagar commands an average rent of ₹73,700 per month, while a 3 BHK apartment averages ₹98,900 per month. These figures help tenants and landlords understand the entry-level and premium rental brackets available in the area, reflecting the demand for different unit sizes in the local residential sector.

Rental rates in the vicinity of Bangur Nagar show significant variation, with areas like Best Nagar, Mhada Colony, and Yamnuna Nagar commanding higher rates of ₹150 per sq ft as of Jun 2026. Meanwhile, neighbourhoods such as Mitha Nagar, Goregaon West, and Unnat Nagar maintain a more moderate average of ₹100 per sq ft, highlighting how specific location advantages influence rental premiums in the broader region.

Kolte Patil Verve leads the market in Bangur Nagar with a current listing rate of ₹36,900 per sq ft as of Jun 2026, having appreciated by 0.55% compared to the previous period. Other notable projects include Kalpataru Elaara at ₹30,200 per sq ft, which has remained stable, and Jal Mandir CHS at ₹25,900 per sq ft, which saw a depreciation of 1.28% over the same timeframe.

An investor should view the 3.06% rental yield in Bangur Nagar as a baseline for income-generating potential, which, when paired with the current average asking price of ₹36,900 per sq ft as of Jun 2026, helps in calculating the long-term return on investment. The recent appreciation in rental rates by 6.82% suggests a growing demand for rental housing, which can be a positive signal for those looking to balance capital appreciation with consistent monthly income.

The property market in Bangur Nagar recorded 6 transactions with a gross value of ₹10 Cr between Oct 2025 and Sep 2026. This data, alongside the current average asking price of ₹36,900 per sq ft as of Jun 2026, provides a snapshot of market activity, helping buyers and sellers gauge the liquidity and volume of the local residential sector.