Property Rates in Nagpada, Mumbai

As of Mar 2026, the average asking price in Nagpada stands at ₹35,110 per sq ft, while the Government Registration Rate is ₹16,057 per sq ft. This significant difference suggests that the actual transaction values might be considerably lower than the listed prices, a common scenario in high-value real estate markets.

The property price trend in Nagpada shows a notable decrease. From Dec 2025 to Mar 2026, the average location rate depreciated by 11.81%, from ₹39,814 per sq ft to ₹35,110 per sq ft. Prior to this, there was an appreciation from Sep 2025 (₹34,002 per sq ft) to Dec 2025, indicating some volatility in the market over the past few quarters.

Property prices in Nagpada vary significantly across its neighborhoods as of Mar 2026. Jacob Circle and Byculla command the highest average rates at ₹44,040 per sq ft, with Jacob Circle showing no change and Byculla West appreciating by 0.22%. In contrast, Kamathipura has seen a substantial depreciation of 32.01% to ₹31,051 per sq ft, while Dalal Estate is priced at ₹46,004 per sq ft with no change. Agripada shows a depreciation of 10.73% to ₹35,573 per sq ft.

As of Mar 2026, the average price for apartments in Nagpada is ₹35,110 per sq ft. This reflects a depreciation of 11.81% from Dec 2025, when the average price was ₹39,814 per sq ft. This recent decline suggests a softening in demand or increased supply for apartments in the area.

In Nagpada, as of Mar 2026, property prices vary by construction status. 'Ready To Move' properties are priced at ₹27,311 per sq ft, showing a slight depreciation of 2.08%. 'Under Construction' properties are available at ₹25,864 per sq ft, with a depreciation of 2.39%. 'New Launch' properties are priced higher at ₹28,442 per sq ft, having depreciated by 8.4%. 'Well Occupied' properties are the lowest at ₹25,886 per sq ft, with a depreciation of 2.16%.

As of Mar 2026, Nirban Bismillah Heights, Dar Al Mawadda, and Nirban Bismillah Elite have recorded the highest transaction activity in Nagpada, with 2 transactions each. Nirban Bismillah Heights saw its rate appreciate by 4.69% to ₹30,864 per sq ft, while Dar Al Mawadda depreciated by 7.25% to ₹29,720 per sq ft, and Nirban Bismillah Elite depreciated by 5.01% to ₹29,693 per sq ft.

As of Mar 2026, Dar Al Mawadda leads in transaction value in Nagpada with a sale value of ₹2.44 Cr, despite a depreciation of 7.25% to ₹29,720 per sq ft. Mustafa Manzil follows with a value of ₹1.24 Cr and no change in rate, while Nirban Bismillah Elite has a transaction value of ₹1.23 Cr and depreciated by 5.01% to ₹29,693 per sq ft.

Nirban Infrastructure has been the most active developer in Nagpada based on transaction volume, with 4 transactions recorded. Following them, Chandak has seen 2 transactions, and Tamir Enterprises and Lakadawala Developers Pvt Ltd each have 1 transaction. This indicates Nirban Infrastructure's significant presence and market activity in the area.

As of Mar 2026, the average rental rate in Nagpada is ₹178 per sq ft per month. The area offers a rental yield of 6.08%, which suggests a healthy return on investment for property owners looking to rent out their units, especially when considering the property values in the locality.

Rental rates in Nagpada vary by neighborhood as of Mar 2026. Jacob Circle has the highest average rental rate at ₹204 per sq ft, showing no change. Grant Road follows at ₹182 per sq ft with no change, and Byculla (₹178 per sq ft) has appreciated by 4.71%. Conversely, Tadwadi has the lowest rental rate at ₹115 per sq ft, with Mazgaon at ₹117 per sq ft appreciating by 5.41%, and Byculla West at ₹154 per sq ft depreciating by 5.52%.

As of Mar 2026, the average rental rate for a 2 BHK apartment in Nagpada is ₹68,500 per month. This data point, specific to residential apartments, provides a clear benchmark for tenants seeking 2 BHK units and for landlords looking to set competitive rental prices in the Nagpada market.

As of Mar 2026, Tamir Tower 52 in Nagpada leads with the highest rental rate at ₹178 per sq ft. Nirban Bismillah Castle follows with a rental rate of ₹112 per sq ft, and Nirban Bismillah Residency is at ₹104 per sq ft. All these projects have shown no change in their rental rates over the period.