Property Rates in Madh, Mumbai

Property prices in Madh have shown a mixed trend over the last few quarters. From Dec 2025 to Mar 2026, the micromarket rate appreciated by 31.16% from ₹21,180 to ₹34,893 per sq ft. However, the overall location rate saw a depreciation of 1.33% from ₹27,672 in Sep 2025 to ₹27,303 in Mar 2026. This suggests that while specific micro-segments are experiencing growth, the broader locality average has seen a slight dip.

Property rates vary significantly across neighbourhoods in and around Madh as of Mar 2026. Versova shows the highest average rate at ₹45,362 per sq ft, appreciating by 9.1% from the previous period. Other notable micromarkets include Andheri West at ₹39,995 per sq ft (up 4.26%), Bangur Nagar at ₹36,898 per sq ft (down 0.2%), and Oshiwara at ₹36,002 per sq ft (up 24.23%). Conversely, Sunder Nagar has the lowest average rate at ₹29,333 per sq ft, remaining stable with no change percentage.

As of Mar 2026, the average price for apartments in Madh is ₹27,303 per sq ft. This represents a depreciation of 1.33% compared to the previous period. This trend might indicate a slight softening in demand or increased inventory for apartments in the locality.

In Madh, property prices vary significantly by construction status as of Mar 2026. 'Under Construction' properties command the highest average price at ₹37,566 per sq ft, appreciating by 9.76% from the previous period, suggesting strong investor interest in new developments. 'Ready To Move' properties are priced at ₹28,628 per sq ft, showing a depreciation of 3.75%. 'Partially Ready To Move' properties are priced at ₹25,958 per sq ft, with a depreciation of 6.79%.

As of Mar 2026, Raheja Exotica in Patil Wadi, Madh, leads in transaction volume with 7 transactions, reflecting its popularity. The current rate for this project is ₹25,958 per sq ft, which has depreciated by 12.60% from the previous period. The total sale value for transactions in this project is ₹11.79 Cr.

As of Mar 2026, several Raheja Exotica projects are listed with high rates in Madh. Raheja Exotica Siena and Raheja Exotica Cyprus are both listed at ₹37,738 per sq ft, with Siena appreciating by 0.65% and Cyprus by 36.33%. Raheja Exotica Verona is listed at ₹37,223 per sq ft, showing a slight depreciation of 0.73%. Raheja Exotica Sorento is priced at ₹28,628 per sq ft, down by 3.75%.

Raheja Universal is the leading developer in Madh based on transaction volume, with 7 transactions as of Mar 2026. This indicates strong market activity and buyer confidence in projects developed by Raheja Universal within the Madh locality. The developer's prominent presence suggests a significant contribution to the overall real estate landscape of the area.

As of Mar 2026, rental rates in micromarkets around Madh show considerable variation. Yamnuna Nagar offers the highest average rent at ₹137 per sq ft, though it has depreciated by 7.43%. Shashtri Nagar follows at ₹136 per sq ft, down by 9.33%. Versova is at ₹123 per sq ft (down 3.15%), and Lokhandwala Complex is at ₹121 per sq ft (stable). Bangur Nagar shows a lower average rent of ₹94 per sq ft but has appreciated by 6.82%.

Rental rates in micromarkets near Madh exhibit diverse trends as of Mar 2026. Yamnuna Nagar leads with an average rental rate of ₹137 per sq ft, despite a depreciation of 7.43%. Shashtri Nagar is close behind at ₹136 per sq ft, with a depreciation of 9.33%. Conversely, Bangur Nagar, while having a lower average rent of ₹94 per sq ft, has seen an appreciation of 6.82%. Azad Nagar has an average rent of ₹101 per sq ft and appreciated by 5.21%.

The provided data does not include specific rental yield figures for Madh or its micromarkets, nor does it provide the overall average rental rate for Madh itself. However, by examining micromarket rental rates, investors can infer potential rental income. For instance, areas like Yamnuna Nagar (₹137 per sq ft) and Shashtri Nagar (₹136 per sq ft) show higher average rents, which could translate to better rental income potential compared to areas like Bangur Nagar (₹94 per sq ft), assuming similar property values and occupancy rates.

The property rate data for Madh provides crucial insights for decision-making. By comparing the average asking price (₹0 per sq ft as of Mar 2026) with the Government Registration Rate (₹19,530 per sq ft), buyers can gauge the potential for negotiation or understand the difference between listed and actual transaction values. Analyzing price trends across quarters and comparing rates across different micromarkets, property types (apartments), and construction statuses (Ready To Move vs. Under Construction) helps identify value pockets and understand market dynamics.

As of Mar 2026, there is a significant difference between the average asking price and the Government Registration Rate in Madh. The asking price is reported as ₹0 per sq ft, while the Government Registration Rate is ₹19,530 per sq ft. This vast discrepancy might suggest that the asking price data is either incomplete or not reflective of the market, making the Government Registration Rate a more reliable indicator of typical property values in Madh.