Mumbai
The real estate landscape in Bangur Nagar is characterized by its high-value residential offerings and steady rental growth. While the primary market centers on apartment living at an average of ₹36,900 per sq ft, the rental segment is showing positive momentum with an average rate of ₹94 per sq ft. Recent government registration data indicates 11 transactions totaling ₹18 Cr, highlighting active buyer interest within this corridor. The market effectively balances premium ownership opportunities with a robust rental yield that benefits property owners.
As of Jun 2026, the average asking price in Bangur Nagar is ₹36,900 per sq ft. This rate has depreciated by 0.07% compared to the previous period, reflecting a period of price stabilization in this residential micro-market.
The current average asking price in Bangur Nagar stands at ₹36,900 per sq ft, which is notably higher than the Government Registration Rate of ₹22,200 per sq ft recorded between Aug 2025 and Jul 2026. This gap between the market-driven asking price and the government-notified rate is a common observation in established residential pockets, often reflecting the premium value placed on specific project amenities and location advantages.
The property market in Bangur Nagar has shown a period of price stability, with the average asking price recorded at ₹36,900 per sq ft in Jun 2026, consistent with the figures observed in Mar 2026. While the location rate remained steady at ₹36,900 per sq ft between Mar 2026 and Jun 2026, the micromarket rate saw a slight upward movement from ₹34,600 per sq ft in Dec 2025 to ₹34,900 per sq ft in Mar 2026, suggesting resilient demand in the broader area.
Investors in Bangur Nagar can expect an average rental yield of 3.06% as of Jun 2026, with the average rental rate currently at ₹94 per sq ft. This rental rate has appreciated by 6.82% compared to the previous period, indicating growing demand for rental housing in the locality and providing a steady income stream relative to capital investment.
Rental demand in Bangur Nagar is well-distributed across different unit sizes, with 2 BHK apartments commanding an average rent of ₹70,250 per month and 3 BHK apartments averaging ₹88,600 per month as of Jun 2026. These figures provide a clear benchmark for tenants and landlords, reflecting the premium nature of the residential stock available in the locality.
As of Jun 2026, Kolte Patil Verve is among the top projects in Bangur Nagar, with a current rental rate of ₹94 per sq ft, which has appreciated by 8.05% compared to the previous period. Another prominent project, Janki Kutir, maintains a rental rate of ₹83 per sq ft, showing stable rental performance with no change in the rate over the same timeframe.
Ready To Move properties in Bangur Nagar are currently priced at an average of ₹31,250 per sq ft as of Jun 2026, having appreciated by 0.18% compared to the previous period. In contrast, Well Occupied properties are priced at ₹25,450 per sq ft, which has seen a depreciation of 0.58% over the same period, indicating that buyers are currently paying a premium for immediate possession units.
Kolte Patil Verve leads the listing rates in Bangur Nagar at ₹36,900 per sq ft as of Jun 2026, showing an appreciation of 0.55% compared to the previous period. Other notable projects include Bhattad Augustine at ₹25,600 per sq ft (depreciated by 0.35%) and Heeramani Ratan CHS at ₹25,600 per sq ft (appreciated by 0.13%), highlighting a diverse range of price points for potential buyers.
Rental rates across the vicinity of Bangur Nagar are relatively uniform, with many neighbouring areas like Mitha Nagar, Goregaon West, and Ram Nagar all recording an average rental rate of ₹100 per sq ft as of Jun 2026. While Mitha Nagar saw an appreciation of 7.29%, other areas like Shri Nagar experienced a depreciation of 8.49%, illustrating that while the base rental rate is consistent, market sentiment varies significantly by specific neighbourhood.
Property seekers should use the data on this page to benchmark their investment or purchase decisions against current market realities as of Jun 2026. By comparing the average asking price of ₹36,900 per sq ft with the Government Registration Rate of ₹22,200 per sq ft and observing the 3.06% rental yield, buyers can better assess the value proposition of properties in Bangur Nagar versus other localities in the Mumbai western suburbs.
