Property Rates in Nagpada, Mumbai 2026

The average asking price in Nagpada is currently ₹35,100 per sq ft, which sits significantly higher than the Government Registration Rate of ₹16,050 per sq ft. This gap between the market-driven asking price and the official registration rate is a key metric for buyers to consider, as it highlights the premium often commanded by properties in this locality compared to government-assessed values.

Property prices in Nagpada have shown a dynamic trajectory, with the average asking price recorded at ₹35,050 per sq ft in June 2026, following a slight fluctuation from the ₹35,100 per sq ft observed in March 2026. Looking back at the December 2025 peak of ₹39,800 per sq ft, the market has undergone a correction. Investors and homebuyers should note that these shifts reflect changing demand patterns and supply levels within this specific Mumbai micromarket.

As of June 2026, Ready To Move properties in Nagpada command an average price of ₹26,200 per sq ft, which has depreciated by 4.03% compared to previous cycles. In contrast, Under Construction projects are priced at an average of ₹27,850 per sq ft, showing a notable appreciation of 7.76% over the same period. This price premium for under-construction units often signals buyer confidence in future development value or the availability of modern amenities in newer inventory.

The average rental yield in Nagpada is 6.09% as of June 2026, with an average rental rate of ₹178 per sq ft. A rental yield of over 6% is a significant indicator for investors, as it suggests a healthy potential for recurring income relative to the capital invested in property. This yield remains stable, with the rental rate showing no change (0%) over the recent period, providing a predictable income stream for landlords in the area.

As of June 2026, a 2 BHK apartment in Nagpada typically rents for approximately ₹68,500 per month. This rental rate provides a clear benchmark for tenants seeking residential space in the locality and serves as a useful data point for landlords evaluating the income potential of their 2 BHK assets in the current market.

Rental rates vary significantly across the vicinity of Nagpada, with Agripada and Grant Road both commanding higher rentals at ₹200 per sq ft as of June 2026. In comparison, Nagpada maintains an average rental rate of ₹178 per sq ft. While Agripada has seen a substantial rental appreciation of 29.63%, Nagpada's rental market has remained stable at 0% change, offering a relatively consistent entry point for tenants looking for proximity to these premium central Mumbai hubs.

Among the top projects for rent in Nagpada, Tamir Tower 52 leads with an average rental rate of ₹200 per sq ft as of June 2026. Other prominent projects include Nirban Bismillah Castle and Nirban Bismillah Residency, which both feature average rental rates of ₹100 per sq ft. These rates have remained stable with 0% change, reflecting the established rental positioning of these specific residential complexes within the locality.

Property rates in Nagpada, currently averaging ₹35,050 per sq ft, are positioned differently compared to high-value neighbouring areas. For instance, Girgaon commands a significantly higher average rate of ₹1.16 Lakh per sq ft (which has appreciated by 49.22%), and Gamdevi stands at ₹84,050 per sq ft. Nagpada remains a more accessible entry point for buyers compared to these premium, high-growth corridors in Mumbai.

The government registration data for Nagpada, covering the period from September 2025 to August 2026, shows 20 registered transactions with a gross value of ₹18 Cr. This volume of activity provides a baseline for understanding market liquidity in the area. Buyers can use this information to gauge the frequency of sales and the scale of investment flowing into the locality, helping them validate the market activity against their own property search goals.