Property Rates in Nagpada, Mumbai 2026

As of June 2026, the average asking price in Nagpada stands at ₹35,100 per sq ft, while the Government Registration Rate is recorded at ₹16,050 per sq ft. This gap between the market-driven asking price and the government-benchmarked registration rate is a key metric for buyers to consider when evaluating the total cost of acquisition and tax implications.

The price trend in Nagpada has shown volatility, with the average asking price moving from ₹34,000 per sq ft in September 2025 to ₹39,800 in December 2025, before settling at ₹35,100 per sq ft in June 2026. This trajectory suggests a period of price adjustment, and investors should monitor these quarterly fluctuations closely to time their entry into the market effectively.

As of June 2026, Ready To Move properties in Nagpada are priced at an average of ₹26,200 per sq ft, having depreciated by 4.03% over the observed period. In contrast, Under Construction projects are priced higher at ₹27,850 per sq ft, showing an appreciation of 7.76% during the same timeframe, which reflects stronger demand or premium positioning for newer developments.

The average rental yield in Nagpada is 6.09% as of June 2026, with an average rental rate of ₹178 per sq ft. For investors, a rental yield of this level serves as a crucial indicator of the potential recurring income relative to the property's capital value, helping to balance the investment decision between long-term capital appreciation and immediate cash flow.

Apartments in Nagpada command an average rental rate of ₹200 per sq ft as of June 2026. This segment has seen a significant appreciation of 19.1% compared to the previous period, signaling robust demand for rental apartments in the locality.

As of June 2026, Tamir Tower 52 leads the rental market in Nagpada with a current rental rate of ₹178 per sq ft, followed by Nirban Bismillah Castle at ₹112 per sq ft and Nirban Bismillah Residency at ₹104 per sq ft. These rates have remained stable with a 0% change, reflecting a consistent rental demand for these specific residential projects.

Rental rates vary significantly across the vicinity of Nagpada as of June 2026. For instance, Arthur Rd commands a higher rate of ₹250 per sq ft, while areas like Agripada and Jacob Circle are at ₹200 per sq ft. Conversely, localities such as Mazgaon and Chinchpokli offer more competitive rental rates at ₹100 per sq ft, providing a range of options for tenants based on their budget and location preferences.

As of June 2026, the average monthly rent for a 2 BHK apartment in Nagpada is ₹68,500. This data point provides a clear benchmark for tenants seeking 2 BHK configurations in the area and helps landlords align their pricing with current market expectations.

Buyers should use the Nagpada property rates data as a baseline to compare current market asking prices against historical trends and government benchmarks. By observing that the average asking price is ₹35,100 per sq ft as of June 2026 and noting the 11.81% depreciation, buyers can gauge whether the current market environment favors negotiation or requires a cautious approach before committing to a purchase.