Property rates in Bangur Nagar average ₹36,900 per sq ft, showing a stable trajectory for residential demand. The local market is characterized by premium offerings, with projects like Kolte Patil Verve setting the benchmark at ₹36,900 per sq ft. With an attractive rental yield of 3.06%, the area remains a compelling choice for investors seeking consistent returns alongside steady capital appreciation in one of Mumbai's well-connected western suburbs.
Insights for Bangur Nagar, Mumbai Real Estate Market Overview
The real estate market in Bangur Nagar maintains a firm stance with average residential rates hovering at ₹36,900 per sq ft. Recent quarterly trends indicate a measured pace in pricing, supported by a healthy rental ecosystem where average monthly rents reach ₹94 per sq ft. Investment interest is further bolstered by a rental yield of 3.06%, reflecting a balanced demand for both purchase and leasing options. Transactional activity remains consistent, providing a clear picture of market liquidity for potential buyers and investors alike.
Current property asking prices in Bangur Nagar average ₹36,900 per sq ft.
Rental yields in the locality currently stand at 3.06%.
2 BHK apartments command an average monthly rent of ₹73,700, while 3 BHK units average ₹98,900.
The market shows a diverse price range, with premium projects like Kolte Patil Verve priced at ₹36,900 per sq ft.
Government registration data from Sep 2025 to Aug 2026 highlights 8 transactions with a gross value of ₹12 Cr.
Market Strengths
The average rental rate in the locality is a healthy ₹94 per sq ft.
Apartment rentals have seen a positive growth of 4.26% over the past year.
Top projects like Kolte Patil Verve show positive appreciation with a 0.55% change in asking rates.
The rental market for 2 BHK units remains robust with monthly rents averaging ₹73,700.
Proximity to other key areas like Malad West and Goregaon West adds to the long-term value of the locality.
Market Challenges
Ready To Move inventory experienced a -14.17% change, indicating a potential adjustment in the secondary market pricing.
Several established residential projects have seen minor price corrections, including Jal Mandir CHS with a -1.28% change.
Rental rates for projects like Janki Kutir have remained stagnant with a 0% change in growth.
Investment Opportunities
Investors can target a rental yield of 3.06% in the local residential market.
The 3 BHK segment provides a strong rental income opportunity with average monthly rents of ₹98,900.
New Launch projects, such as Kalpataru Elaara, offer entry points into modern developments at ₹30,200 per sq ft.
The consistent demand for 2 BHK units at an average rent of ₹73,700 per month supports stable leasing income.
Top Localities in Bangur Nagar, Mumbai
Sunder Nagar
Avg Price₹ 29,350 /Sq.Ft.
Avg Rent₹ 80 /Sq.Ft.
YIELD
+ 3.27
LISTINGS
7
Price Trend
Bangur Nagar, Mumbai Property Price Trends and Appreciation
The market has demonstrated resilience, with location rates moving from ₹36,950 per sq ft in Sep 2025 to a current average of ₹36,900 per sq ft. Micromarket rates have shown a consistent upward trajectory, climbing from ₹33,100 per sq ft in Sep 2025 to ₹35,900 per sq ft by Jun 2026. This trend highlights a narrowing gap between general location averages and specific micromarket performance.
Bangur Nagar is surrounded by several prominent localities that offer varied price points for investors. Goregaon West averages ₹32,500 per sq ft, while Malad West stands at ₹30,150 per sq ft, reflecting a competitive landscape. Higher-end options are available in Oshiwara, which commands ₹36,000 per sq ft, and Lokhandwala Complex at ₹35,200 per sq ft. Conversely, more accessible price points are found in Unnat Nagar at ₹23,850 per sq ft and Evershine Nagar at ₹23,900 per sq ft.
The residential market in Bangur Nagar is primarily focused on apartment living, which currently averages ₹37,400 per sq ft. This segment has experienced a growth of 1.3%, underscoring the sustained demand for high-quality residential spaces in the area. Investors and homebuyers continue to favor this format as the primary vehicle for real estate participation in this suburban hub.
Premium residential developments in Bangur Nagar set the pace for the local market. Kolte Patil Verve leads the segment, priced at ₹36,900 per sq ft with a 0.55% increase, while Kalpataru Elaara is positioned at ₹30,200 per sq ft. Other established projects like Jal Mandir CHS and Sheesh Vinay CHS offer competitive rates at ₹25,900 and ₹25,650 per sq ft respectively, catering to a wide spectrum of buyers.
Project Name
Rate (₹/Sq.Ft)
Change %
Kolte Patil Verve, Bangur Nagar
94
8.1
Janki Kutir, Bangur Nagar
83
-
Kolte Patil Verve stands out in the rental market with an average rate of ₹94 per sq ft and an 8.05% growth. Janki Kutir also maintains a steady presence with an average rental rate of ₹83 per sq ft.
Government Registrations
Government Registration in Bangur Nagar, Mumbai
Government registration records from Sep 2025 to Aug 2026 show 8 transactions in Bangur Nagar, totaling a gross value of ₹12 Cr. The registered rate during this period averaged ₹22,200 per sq ft, providing a reliable baseline for market valuation and investment assessment.
Sales Transactions8
Gross Sales Value₹ 12 Cr
Registered Rate₹ 22,200/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Bangur Nagar, Mumbai
Rental demand is split between 2 BHK and 3 BHK units, with the former averaging ₹73,700 per month and the latter commanding ₹98,900 per month. These figures reflect the diverse requirements of the local rental market for residential apartments. Rental rates across nearby areas show significant variation, with Best Nagar and Mhada Colony commanding higher rates at ₹150 per sq ft. Meanwhile, Goregaon West and Unnat Nagar both average ₹100 per sq ft, with Goregaon West showing a positive 4.04% change. Apartment rentals in Bangur Nagar have demonstrated consistent demand, with an average rate of ₹100 per sq ft and a yearly growth of 4.26%. Kolte Patil Verve stands out in the rental market with an average rate of ₹94 per sq ft and an 8.05% growth. Janki Kutir also maintains a steady presence with an average rental rate of ₹83 per sq ft.
Rental demand is split between 2 BHK and 3 BHK units, with the former averaging ₹73,700 per month and the latter commanding ₹98,900 per month. These figures reflect the diverse requirements of the local rental market for residential apartments.
Rental rates across nearby areas show significant variation, with Best Nagar and Mhada Colony commanding higher rates at ₹150 per sq ft. Meanwhile, Goregaon West and Unnat Nagar both average ₹100 per sq ft, with Goregaon West showing a positive 4.04% change.
Frequently Asked Questions About Property Rates in Bangur Nagar, Mumbai
What is the current average asking price in Bangur Nagar as of Jun 2026?
As of Jun 2026, the average asking price in Bangur Nagar is ₹36,900 per sq ft. This figure reflects a slight depreciation of 0.07% compared to the previous period, indicating a period of relative price stability in the local residential market.
How have property prices in Bangur Nagar trended over the last few quarters?
Property prices in Bangur Nagar have shown a generally upward trajectory over the last year, with the location rate rising from ₹36,950 per sq ft in Sep 2025 to ₹37,400 per sq ft by Jun 2026. While there was a brief dip in the first quarter of 2026, the overall trend suggests resilient demand for residential apartments in this micro-market.
How does the average asking price in Bangur Nagar compare to the Government Registration Rate?
The average asking price in Bangur Nagar is currently ₹36,900 per sq ft, while the Government Registration Rate is recorded at ₹22,200 per sq ft for the period between Sep 2025 and Aug 2026. This variance is common in premium residential pockets and reflects the difference between market-driven valuation and government-notified benchmarks used for stamp duty and registration purposes.
What is the price difference between Ready To Move and New Launch properties in Bangur Nagar?
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 prior period. In contrast, New Launch projects are currently priced at ₹30,200 per sq ft, showing stable pricing with no change over the same timeframe.
What is the average rental rate in Bangur Nagar and what does the rental yield signify for investors?
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 rental yield for the area stands at 3.06%, providing investors with a clear metric to evaluate the income-generating potential of their residential assets relative to the current capital investment required for property acquisition.
What are the typical rental rates for 2 BHK and 3 BHK apartments in Bangur Nagar?
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 offer prospective tenants and landlords a benchmark for the local rental market, reflecting the premium nature of residential offerings in this locality.
Which projects in Bangur Nagar command the highest rental rates?
As of Jun 2026, Kolte Patil Verve and Janki Kutir are among the top projects for rentals in Bangur Nagar. Kolte Patil Verve currently commands a rental rate of ₹94 per sq ft, having appreciated by 8.05% compared to the previous period, while Janki Kutir maintains a stable rental rate of ₹83 per sq ft with no change recorded.
How do rental rates in Bangur Nagar compare to nearby areas?
Rental rates in Bangur Nagar average ₹94 per sq ft, which is competitive when compared to surrounding localities. For instance, Best Nagar and Mhada Colony command higher rates of ₹150 per sq ft, while areas like Mitha Nagar and Unnat Nagar currently see rental rates of ₹100 per sq ft. These variations allow tenants to choose locations based on their specific budget and lifestyle requirements within the broader western suburbs.
Which are the prominent residential projects in Bangur Nagar based on listing rates?
Prominent projects in Bangur Nagar include Kolte Patil Verve, which leads with a listing rate of ₹36,900 per sq ft as of Jun 2026, reflecting an appreciation of 0.55% over the previous period. Other notable projects include Kalpataru Elaara at ₹30,200 per sq ft and Jal Mandir CHS at ₹25,900 per sq ft, the latter of which has seen a depreciation of 1.28%.
How should a potential buyer interpret the property rate data for Bangur Nagar?
Potential buyers should use the data provided for Jun 2026 to understand the current market positioning of Bangur Nagar, where the average asking price is ₹36,900 per sq ft. By comparing this against the Government Registration Rate of ₹22,200 per sq ft and observing the price trends across different property statuses, buyers can make informed decisions regarding capital allocation and expected value appreciation in this micro-market.
