Property Rates in Nagpada, Mumbai 2026

As of September 2026, the average asking price in Nagpada stands at ₹35,050 per sq ft, while the Government Registration Rate is significantly lower at ₹15,650 per sq ft. This gap between the market-driven asking price and the government-notified registration value is a common observation in premium urban pockets, and buyers should account for this difference when calculating stamp duty and registration costs.

As of September 2026, Ready To Move properties in Nagpada are priced at an average of ₹28,550 per sq ft, having appreciated by 8.91% compared to the previous period. In contrast, Under Construction projects are priced at ₹32,250 per sq ft, showing a robust appreciation of 15.73% over the same timeframe. The higher price point and stronger growth for under-construction units often signal sustained demand for newer, modern residential infrastructure in the area.

As of September 2026, Nirban Bismillah Heights and Ajmal 235 lead the market in Nagpada with listing rates of ₹39,050 per sq ft and ₹39,000 per sq ft, respectively. Nirban Bismillah Heights has seen a significant appreciation of 52.26%, while Ajmal 235 has appreciated by 32.16% compared to the previous period. These projects represent the premium segment of the locality, reflecting strong investor interest and high-value positioning.

The average rental rate in Nagpada is ₹212 per sq ft as of September 2026, which has appreciated by 19.1% compared to the previous period. The locality currently offers a rental yield of 7.26%, a key metric for investors that indicates the annual rental income relative to the property's purchase price. This yield suggests that Nagpada remains an attractive proposition for those looking to balance capital appreciation with consistent rental returns.

As of September 2026, rental rates in Nagpada vary significantly by unit size, with 2 BHK apartments commanding an average of ₹68,500 per month, while 3 BHK apartments are available at an average of ₹3.2 Lakh per month. These figures provide a clear benchmark for tenants and landlords, reflecting the premium nature of larger residential units in the locality.

Rental rates in the vicinity of Nagpada show notable variation, with Arthur Rd commanding the highest rate at ₹250 per sq ft, which has appreciated by 3.56% as of September 2026. Other areas like Agripada and Jacob Circle follow at ₹200 per sq ft, with Agripada showing a sharp appreciation of 29.63% and Jacob Circle appreciating by 4.9%. Conversely, areas like Mazgaon and Chinchpokli offer more accessible rental rates at ₹100 per sq ft, with Chinchpokli experiencing a depreciation of 4.65% over the same period.

As of September 2026, Tamir Tower 52 stands out as a premium rental project in Nagpada with a current rental rate of ₹178 per sq ft. Other notable projects include Nirban Bismillah Castle and Nirban Bismillah Residency, which command rental rates of ₹112 per sq ft and ₹104 per sq ft, respectively. These projects are key focal points for the rental market in the area, providing diverse options for tenants seeking modern residential facilities.

The price trends in Nagpada as of September 2026 show a nuanced market, with the average asking price at ₹35,050 per sq ft. While the quarterly data indicates some fluctuation, the overall market trajectory for property types like apartments remains relatively stable with a minor depreciation of 0.18%. Investors and end-users should view these trends alongside the strong appreciation seen in specific project categories, such as Under Construction units, to identify the best entry points.

Property rates in the broader vicinity of Nagpada vary significantly, with Tardeo commanding a premium average rate of ₹89,400 per sq ft, which has appreciated by 20.86% as of September 2026. Mahalaxmi also sits at a higher price point of ₹62,000 per sq ft with a 2.32% appreciation. In comparison, Nagpada’s average of ₹35,050 per sq ft is more competitive than these high-end hubs but remains higher than Byculla East, which is priced at ₹32,550 per sq ft and has seen a depreciation of 7.72%.