Property rates in Subhash Nagar average ₹23,800 per sq ft. The market has seen a slight adjustment, with recent trends showing a shift from ₹25,000 per sq ft in late 2025 to the current level. Investors are currently observing a healthy rental yield of 4.03%, supported by consistent demand for larger residential units. This locality remains a focused pocket within Mumbai, balancing established residential value with steady, long-term interest from property buyers.
Insights for Subhash Nagar, Mumbai Real Estate Market Overview
The real estate market in Subhash Nagar reflects a stable environment for both residential property seekers and investors. Recent price movements indicate a recalibration from peak levels observed in late 2025, settling into a more sustainable range for buyers. Rental activity remains a key highlight, with apartment rentals maintaining a steady average of ₹80 per sq ft, complemented by a solid rental yield. Registration data confirms active engagement, with 71 transactions recorded, totaling a gross value of ₹71 Cr.
Current residential asking prices average ₹23,800 per sq ft.
The local rental yield stands at 4.03% for residential apartments.
Government registration data shows 71 transactions valued at ₹71 Cr between Oct 25 and Sep 26.
3 BHK units command an average monthly rent of ₹80,000.
Ready to move projects in the area are currently priced at ₹33,900 per sq ft.
Market Strengths
Solid rental yield of 4.03% for residential assets.
Active registration market with 71 transactions totaling ₹71 Cr.
Established residential appeal with projects like Mrug Vihar CHS.
Clear price benchmarks for various segments including ready to move inventory.
Strong rental interest for larger 3 BHK unit configurations.
Market Challenges
Recent price trends show a -4.81% change for apartment properties.
Rental rates for apartments have seen a -8.05% change over the recent period.
Ready to move projects have experienced a slight price adjustment of -0.86%.
Investment Opportunities
Rental yield of 4.03% provides a steady income stream for property owners.
Competitive entry price of ₹23,800 per sq ft for apartments compared to nearby premium hubs.
High transaction volume of 71 registrations highlights strong liquidity in the local market.
Steady demand for 3 BHK apartments, which command an average monthly rent of ₹80,000.
Price Trend
Subhash Nagar, Mumbai Property Price Trends and Appreciation
Property rates in Subhash Nagar have transitioned from ₹23,500 per sq ft in September 2025 to ₹25,000 per sq ft in December 2025. By March 2026, the average rate adjusted to ₹23,800 per sq ft. This trend highlights the market's recent price sensitivity as it moves through different quarters.
Subhash Nagar exists within a competitive landscape of Mumbai localities, each commanding distinct price points. Tilak Nagar averages ₹27,750 per sq ft, while Ghatkopar East hovers around ₹28,400 per sq ft. Meanwhile, locations like Kurla East are priced at ₹24,250 per sq ft, and Deonar stands at a premium of ₹42,450 per sq ft. These variations offer buyers a wide spectrum of options based on their budget and locational preferences.
Subhash Nagar's residential market is primarily driven by apartment offerings. These units currently average ₹23,800 per sq ft, experiencing a change of -4.81%. This segment caters to a wide range of buyers looking for established residential living within the city.
The market provides diverse options based on possession timelines. Ready To Move inventory in Subhash Nagar averages ₹33,900 per sq ft, with a -0.86% change. This segment is ideal for buyers seeking immediate occupancy and established infrastructure.
Project & Developer Insights
Top Residential Projects and Developers in Subhash Nagar
Top Projectsin Subhash Nagar
JP Icons 71 is the top project in Subhash Nagar with prices from ₹ 4.25 Cr to 6.44 Cr.
Premium residential living in Subhash Nagar is exemplified by Mrug Vihar CHS. This project is currently priced at ₹33,900 per sq ft, reflecting a -0.86% change. It serves as a benchmark for quality residential options in the locality.
Government Registrations
Government Registration in Subhash Nagar, Mumbai
Government registration data confirms robust activity in Subhash Nagar between Oct 25 and Sep 26, with 71 transactions recorded. These deals generated a gross value of ₹71 Cr, with an average registered rate of ₹21,350 per sq ft. This high volume of registrations indicates sustained buyer confidence in the area's real estate potential.
Sales Transactions71
Gross Sales Value₹ 71 Cr
Registered Rate₹ 21,350/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Subhash Nagar, Mumbai
The rental market for 3 BHK apartments in Subhash Nagar is well-defined, with an average monthly rent of ₹80,000. These residential units remain a preferred choice for tenants seeking spacious living in the area. Rental rates across the neighborhood show varied performance. While areas like Chembur Colony and Barrister Nath Pai Nagar command up to ₹150 per sq ft, others like Tilak Nagar and Deonar average around ₹100 per sq ft. This range allows tenants to choose locations that best suit their rental budget. Apartment rentals in Subhash Nagar average ₹100 per sq ft. The segment has seen a change of -8.05%, reflecting the current rental market dynamics.
The rental market for 3 BHK apartments in Subhash Nagar is well-defined, with an average monthly rent of ₹80,000. These residential units remain a preferred choice for tenants seeking spacious living in the area.
Rental rates across the neighborhood show varied performance. While areas like Chembur Colony and Barrister Nath Pai Nagar command up to ₹150 per sq ft, others like Tilak Nagar and Deonar average around ₹100 per sq ft. This range allows tenants to choose locations that best suit their rental budget.
Frequently Asked Questions About Property Rates in Subhash Nagar, Mumbai
What is the current average asking price in Subhash Nagar as of June 2026?
As of June 2026, the average asking price in Subhash Nagar stands at ₹23,800 per sq ft. This rate has remained stable with a 0% change, indicating a period of price consolidation in the local residential apartment market.
How does the average asking price in Subhash Nagar compare to the Government Registration Rate?
The current average asking price in Subhash Nagar is ₹23,800 per sq ft, whereas the Government Registration Rate is recorded at ₹21,350 per sq ft for the period of October 2025 to September 2026. This difference suggests that market-driven asking prices are currently positioned at a premium compared to the government-benchmarked registration values.
What are the latest price trends for properties in Subhash Nagar?
Property rates in Subhash Nagar have shown a fluctuating trajectory over the past year. The average asking price was ₹23,500 per sq ft in September 2025, rose to ₹25,000 per sq ft by December 2025, and adjusted to ₹23,800 per sq ft by June 2026. Investors and buyers should note that while the locality experienced a peak in late 2025, current pricing reflects a more moderate correction.
How do property rates in Subhash Nagar compare to nearby neighbourhoods?
Property rates in Subhash Nagar, currently at ₹23,800 per sq ft, are generally more accessible than several surrounding areas. For comparison, Deonar and Govandi East both command higher rates of ₹42,450 per sq ft, having appreciated by 8.39% from their previous levels. Meanwhile, areas like Ghatkopar East are priced at ₹28,400 per sq ft, showing a modest appreciation of 1.12%.
What is the price difference between Ready To Move and other properties in Subhash Nagar?
Ready To Move properties in Subhash Nagar are currently priced at an average of ₹33,900 per sq ft as of June 2026. This segment has seen a slight depreciation of 0.86% compared to the previous period, reflecting a minor market correction for completed inventory in the area.
What is the average rental yield in Subhash Nagar and what does it signify for investors?
The average rental yield in Subhash Nagar is 4.03% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, serving as a key metric to evaluate the income-generating potential of residential apartments in the locality.
What are the current rental rates for apartments in Subhash Nagar?
As of June 2026, the average rental rate for apartments in Subhash Nagar is ₹100 per sq ft. This rate has experienced a depreciation of 8.05% compared to the previous period, which may be beneficial for tenants looking to secure space at a more competitive price point.
What is the typical rent for a 3 BHK apartment in Subhash Nagar?
The average monthly rent for a 3 BHK apartment in Subhash Nagar is ₹80,000 as of June 2026. This configuration represents the primary rental offering in the area, providing a clear benchmark for families and tenants seeking larger residential spaces.
How do rental rates vary across micromarkets near Subhash Nagar?
Rental rates vary significantly across the vicinity of Subhash Nagar, with many areas averaging ₹100 per sq ft. Premium pockets like Chembur Colony and Barrister Nath Pai Nagar command higher rates of ₹150 per sq ft, with Chembur Colony seeing a notable appreciation of 28.87% and Barrister Nath Pai Nagar rising by 14.04% compared to the previous period.
What is the significance of the Mrug Vihar CHS project in Subhash Nagar?
Mrug Vihar CHS is a prominent residential project in Subhash Nagar with a current listing rate of ₹33,900 per sq ft as of June 2026. The project has seen a depreciation of 0.86% in its listing rate, positioning it as a key reference point for buyers interested in the Ready To Move segment of the local market.
