Property Rates in Bangur Nagar, Mumbai 2026

Property prices in Bangur Nagar have shown a fluctuating trajectory from December 2025 to September 2026. The location rate moved from ₹36,950 per sq ft in December 2025 to ₹36,900 in March 2026, reaching ₹37,400 in June 2026 before settling at ₹36,850 per sq ft in September 2026. This trend suggests a period of price consolidation, providing a stable entry point for prospective buyers.

The average asking price in Bangur Nagar is ₹37,400 per sq ft, while the Government Registration Rate stands at ₹21,300 per sq ft for the period between November 2025 and October 2026. The gap between the market asking price and the Government Registration Rate is a common feature in urban real estate, reflecting the premium buyers are willing to pay for amenities, location, and project-specific value beyond the baseline valuation used for registration purposes.

As of September 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 previous period. In contrast, New Launch projects are priced at ₹30,800 per sq ft, showing an appreciation of 1.99% over the same timeframe. This pricing structure highlights that newer inventory is currently commanding a premium over established ready-to-move stock in this specific market.

The average rental rate in Bangur Nagar is ₹97 per sq ft as of September 2026, which has appreciated by 3.19% compared to the previous period. The locality currently offers a rental yield of 3.11%, a key metric for investors to evaluate the annual income potential of their property relative to the capital investment required for purchase.

As of September 2026, 2 BHK apartments in Bangur Nagar command an average rent of ₹74,700 per month, while 3 BHK apartments are typically rented at ₹98,500 per month. These figures provide a clear benchmark for tenants and landlords, reflecting the premium associated with larger living spaces and the current supply-demand balance for family-sized units in the area.

Among the top rental projects in Bangur Nagar, Kolte Patil Verve leads with a current rental rate of ₹94 per sq ft, which has appreciated by 8.05% as of September 2026. Janki Kutir is another prominent project with a rental rate of ₹83 per sq ft, which has remained stable with 0% change during the same period. These projects are preferred by tenants for their specific location advantages and building quality.

Rental rates in Bangur Nagar are competitive with surrounding neighbourhoods, where rates generally hover around ₹100 per sq ft. While areas like Motilal Nagar and Yamnuna Nagar command higher rates of ₹150 per sq ft, other nearby localities like Goregaon West and Unnat Nagar also align with the ₹100 per sq ft benchmark. Investors should note that rental appreciation varies significantly by micro-location, such as the 21.05% appreciation seen in Mhada Colony compared to the 7.78% depreciation observed in Sunder Nagar.

Bangur Nagar presents a nuanced investment landscape where the average asking price of ₹37,400 per sq ft is supported by a mix of established and new inventory. With a rental yield of 3.11%, the market is balanced for both long-term capital appreciation and consistent rental income. Investors should carefully monitor the price trends of specific projects like Kolte Patil Verve, which maintains a high listing rate of ₹37,200 per sq ft, to gauge the premium end of the market.

A buyer should interpret the current average asking price of ₹37,400 per sq ft in Bangur Nagar by considering both the property status and the project-specific trends. Since Ready To Move properties have seen a depreciation of 1.4% to reach ₹26,400 per sq ft, while New Launch projects have appreciated by 1.99% to ₹30,800 per sq ft, buyers have the opportunity to weigh the immediate utility of ready homes against the potential future value of newer developments.