Property Rates in Subhash Nagar, Mumbai 2026

As of the period between August 2025 and July 2026, the average Government Registration Rate in Subhash Nagar stands at ₹20,200 per sq ft. With the current average asking price at ₹23,800 per sq ft, there is a notable premium between the market-driven asking price and the government-recorded transaction value, which is a common trend in established residential pockets.

The price trend in Subhash Nagar has shown a fluctuating trajectory over the last few quarters. While the average asking price was ₹23,800 per sq ft in March 2026, it stood at ₹25,000 per sq ft in December 2025 and ₹23,500 per sq ft in September 2025. This movement indicates a dynamic market where prices adjust based on supply and buyer demand cycles.

Property rates in Subhash Nagar vary significantly when compared to surrounding areas. For instance, Deonar and Govandi East command a higher average asking price of ₹39,200 per sq ft, having appreciated by 4.89% from the previous period. Conversely, areas like Tilak Nagar are priced at ₹26,450 per sq ft, which reflects a depreciation of 2.91%, and Kurla East shows a strong appreciation of 11.8% to reach ₹24,350 per sq ft.

Ready To Move properties in Subhash Nagar are currently commanding an average price of ₹34,650 per sq ft as of June 2026. This segment has seen an appreciation of 2.91% compared to the previous period, indicating that buyers are willing to pay a premium for immediate possession and the elimination of construction-related risks.

The average rental rate in Subhash Nagar is ₹87 per sq ft as of June 2026, which represents a depreciation of 9.37% compared to the previous period. The locality currently offers a rental yield of 4.39%, a key metric for investors that indicates the annual rental income relative to the property's purchase price.

In Subhash Nagar, 3 BHK apartments are currently available at an average rent of ₹1.02 Lakh per month as of June 2026. This data point is essential for tenants and investors to understand the entry-level cost for larger residential units in the area, helping to align expectations with the current market supply.

Rental rates show distinct variations across nearby localities, with Postal Colony commanding the highest rate at ₹150 per sq ft, which has remained stable. Other areas like Borla, Tilak Nagar, and Charai maintain a consistent rental rate of ₹100 per sq ft. Meanwhile, some areas like Deonar and Govandi East have experienced rental depreciations of 10.66% and 15.57% respectively, highlighting how rental demand can fluctuate independently across neighbouring pockets.

Mrug Vihar CHS is a prominent project in Subhash Nagar, currently featuring an average listing rate of ₹34,650 per sq ft as of June 2026. This project has seen an appreciation of 2.91% compared to the previous period, positioning it as a notable option for those looking at established residential developments in the Mumbai Harbour region.

The rental yield of 4.39% in Subhash Nagar provides a baseline for investors to evaluate the income-generating potential of their assets. When compared against the current average asking price of ₹23,800 per sq ft, this yield helps investors calculate the time required to recover capital through rental income, though it should always be balanced against potential capital appreciation and maintenance costs.