Property Rates in Subhash Nagar, Mumbai

Property rates in Subhash Nagar have shown some fluctuation over the past year. From December 2025 to March 2026, the average location rate depreciated by 4.81% from ₹24,995 to ₹23,793 per sq ft. Prior to that, from September 2025 to December 2025, there was an appreciation of approximately 6.25% from ₹23,524 to ₹24,995 per sq ft. The period from June 2025 to September 2025 saw an appreciation from an unstated rate to ₹23,524 per sq ft, with micromarket rates showing a slight increase. This mixed trend suggests a dynamic market influenced by various factors.

As of March 2026, Subhash Nagar's average asking price is ₹23,793 per sq ft. This is notably lower than some neighboring micromarkets such as Deonar (₹39,182 per sq ft) and Govandi East (₹39,182 per sq ft), which are priced significantly higher. Conversely, areas like Nehru Nagar (₹23,515 per sq ft) and Govandi (₹22,919 per sq ft) show comparable or slightly lower average rates, indicating varied price points across the immediate vicinity.

The average price for an apartment in Subhash Nagar was ₹23,793 per sq ft as of March 2026. This segment experienced a depreciation of 4.81% from the previous period. This indicates that apartment prices have softened recently, which could be an attractive signal for prospective buyers looking for apartments in this locality.

As of March 2026, Ready To Move properties in Subhash Nagar are priced at an average of ₹33,656 per sq ft. This rate has remained stable, showing no change percentage from the previous period. This premium pricing for Ready To Move inventory suggests a demand for immediate occupancy, with prices holding steady in this segment.

As of March 2026, Mrug Vihar CHS in Subhash Nagar has the highest listing rate at ₹33,656 per sq ft. This project has maintained its rate with no change percentage recorded. This indicates a stable premium positioning for Mrug Vihar CHS within the Subhash Nagar locality.

The Government Registration Rate in Subhash Nagar is ₹0 per sq ft, according to the latest data. This is significantly lower than the average asking price of ₹23,793 per sq ft as of March 2026. The substantial difference between the asking price and the government registration rate suggests that the listed prices are considerably higher than the rates at which properties are officially registered, a common scenario in many real estate markets.

As of March 2026, the average rental rate in Subhash Nagar is ₹87 per sq ft. The rental yield for properties in this locality is 4.39%. This yield indicates the annual return an investor can expect from rental income relative to the property's capital value, suggesting a moderate income generation potential for landlords.

As of March 2026, apartments in Subhash Nagar command an average rental rate of ₹87 per sq ft. This segment has seen a depreciation of 9.37% in rental rates. This decrease suggests that rental demand for apartments may have softened, potentially making it a more opportune time for renters to secure accommodation.

For a 3 BHK apartment in Subhash Nagar, the average rental rate is approximately ₹1.02 Lakh per month. This figure represents rentals for residential apartments within the locality. This indicates a premium rental bracket for larger configurations, catering to families or individuals seeking more spacious living arrangements.

As of March 2026, rental rates vary significantly across micromarkets near Subhash Nagar. Postal Colony offers the highest average rental rate at ₹136 per sq ft, while Govandi East follows at ₹103 per sq ft, though it has seen a notable depreciation of 15.57%. Deonar also has a higher average rental rate of ₹109 per sq ft, despite a decrease of 10.66%. In contrast, Govandi has a lower average rental rate of ₹84 per sq ft. These variations highlight premium rental pockets and areas experiencing downward rental pressure.