Mumbai
The real estate landscape in Subhash Nagar is defined by a blend of accessible residential pricing and selective premium developments. While the average asking price sits at ₹23,800 per sq ft, specific ready-to-move projects show a higher valuation, indicating strong demand for immediate possession units. Rental activity remains a key component of the local economy, supported by a healthy rental yield of 4.39% for apartment seekers. Transaction data reflects consistent activity, with registration rates confirming the market's stability compared to neighboring areas. Investors and homebuyers alike find a balanced environment here, where property values align with the convenience of established infrastructure.
As of June 2026, the average asking price in Subhash Nagar is ₹23,800 per sq ft. This figure reflects a depreciation of 4.81% compared to the previous period, indicating a recent softening in the local residential market.
The current average asking price in Subhash Nagar of ₹23,800 per sq ft sits notably below the Government Registration Rate of ₹34,500 per sq ft, which is based on transaction data recorded between August 2025 and July 2026. This gap suggests that current market listings are generally more accessible than the benchmark values used for official property registrations in the area.
Ready To Move properties in Subhash Nagar are currently priced at an average of ₹34,200 per sq ft as of June 2026. This segment has shown resilience, appreciating by 1.64% over the observed period, which signals a steady demand for immediate-possession homes in the locality.
Subhash Nagar currently offers a rental yield of 4.39% as of June 2026, providing a clear income metric for potential investors. While the average rental rate stands at ₹87 per sq ft, which has seen a depreciation of 9.37% compared to the prior period, the yield remains a key indicator for those evaluating the long-term income potential of their capital outlay in the area.
As of June 2026, a 3 BHK apartment in Subhash Nagar commands an average monthly rent of ₹80,000. This data point is essential for tenants and landlords alike to understand the current premium for larger residential configurations in the locality.
Rental rates in Subhash Nagar currently average ₹87 per sq ft, which is generally lower than several surrounding neighbourhoods. For instance, Barrister Nath Pai Nagar commands a higher average of ₹150 per sq ft, having experienced a significant appreciation of 14.04% over the relevant period, while areas like Chedda Nagar, Borla, and Tilak Nagar maintain an average rental rate of ₹100 per sq ft.
Mrug Vihar CHS is a notable project in Subhash Nagar, currently listed at ₹34,200 per sq ft as of June 2026. This project has seen an appreciation of 1.64% in its listing rate, reflecting the broader trend observed in the Ready To Move segment within the locality.
The property price trajectory in Subhash Nagar has been mixed, with the location rate recorded at ₹23,800 per sq ft in June 2026, down from ₹25,000 per sq ft in December 2025. While the location rate saw fluctuations, the broader micromarket rate has shown a consistent upward movement, rising from ₹34,550 in September 2025 to ₹39,150 in June 2026.
Apartments in Subhash Nagar currently command an average rental rate of ₹100 per sq ft as of June 2026. This rate has seen a depreciation of 8.05% compared to the previous period, which potential tenants can consider when negotiating lease agreements in the area.
Property prices in Subhash Nagar, currently at ₹23,800 per sq ft, vary significantly when compared to neighbouring areas. For example, Deonar and Govandi East both command higher averages of ₹39,200 per sq ft, having appreciated by 4.89% recently, whereas Kurla East has seen a notable appreciation of 11.8% to reach ₹24,350 per sq ft.
