Property Rates in Subhash Nagar, Mumbai 2026

The average asking price in Subhash Nagar is ₹23,800 per sq ft, which sits above the Government Registration Rate of ₹21,550 per sq ft. This data, recorded between November 2025 and October 2026, reflects the premium that current market listings command over the government-benchmarked values used for stamp duty and registration purposes.

The micromarket rate in Subhash Nagar has shown a fluctuating trajectory, moving from ₹36,000 per sq ft in December 2025 to ₹39,250 per sq ft as of September 2026. While the micromarket rate experienced a slight decline from ₹39,650 per sq ft in June 2026 to the current ₹39,250 per sq ft, it remains higher than the levels seen in early 2026, suggesting a complex market environment for buyers and investors.

Property rates in Subhash Nagar, currently at ₹23,800 per sq ft, are generally more accessible compared to several surrounding neighbourhoods. For instance, Deonar and Govandi East both command higher average rates of ₹42,450 per sq ft, having appreciated by 8.39% compared to previous periods. Meanwhile, areas like Kurla have seen significant appreciation of 15.22% to reach ₹27,550 per sq ft, highlighting that Subhash Nagar offers a distinct price point within the broader Mumbai harbour region.

Ready-to-move apartments in Subhash Nagar are currently priced at an average of ₹33,900 per sq ft as of September 2026. This segment has seen a minor depreciation of 0.86% compared to the previous period, which may provide a slight value adjustment for end-users looking for immediate possession properties.

As of September 2026, the average rental rate in Subhash Nagar is ₹80 per sq ft, with a rental yield of 4.03%. The rental rate has depreciated by 8.05% compared to the previous period, which is a factor investors should consider when evaluating the annual income potential relative to the capital investment required for properties in this locality.

For those seeking larger living spaces, a 3 BHK apartment in Subhash Nagar currently commands an average rent of ₹80,000 per month as of September 2026. This rental profile caters to families looking for established residential options in the area, and tenants should monitor these rates against the broader rental depreciation of 8.05% observed in the local apartment segment.

Rental rates in Subhash Nagar currently average ₹80 per sq ft, which is lower than the ₹100 per sq ft seen in many surrounding areas like Deonar, Govandi East, and Tilak Nagar. While some areas like Barrister Nath Pai Nagar and Chembur Colony command higher rents of ₹150 per sq ft with stable pricing, Subhash Nagar's rental market has experienced an 8.05% depreciation, offering a different entry point for tenants compared to the premium-priced neighbouring pockets.

Mrug Vihar CHS is a notable project in Subhash Nagar with a current listing rate of ₹33,900 per sq ft as of September 2026. This project reflects the ready-to-move segment pricing, which has seen a depreciation of 0.86% compared to the previous period, providing a specific benchmark for buyers interested in established residential projects within the locality.

Buyers should use the provided rates to benchmark their search against the current average of ₹23,800 per sq ft and the Government Registration Rate of ₹21,550 per sq ft. By observing the price trends from December 2025 to September 2026, investors can identify whether the market is currently in a phase of appreciation or correction, helping them make more informed decisions regarding the timing of their purchase in Subhash Nagar.