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Insights for Suman Nagar, Mumbai Real Estate Market Overview

The real estate market in Suman Nagar demonstrates a balanced environment for both buyers and tenants, characterized by stable property valuations and consistent rental demand. With an average property rate of ₹26,150 per sq ft, the area provides a range of residential options that appeal to long-term residents and investors alike. Rental activity is particularly robust, supported by premium projects that command competitive monthly rates for 2 BHK and 3 BHK configurations. Recent government registration data highlights a healthy transaction pace, further reinforcing the area's status as a reliable investment destination.

  • Current property prices average ₹26,150 per sq ft with a positive growth of 3.35%.
  • Rental rates for apartments average ₹100 per sq ft across various property types.
  • Sri Zynergy stands out as a key project for both sale and rental interests.
  • Government registrations indicate 9 transactions totaling ₹10 Cr in value recently.
  • Monthly rentals for 2 BHK units average ₹78,850, while 3 BHK units average ₹75,000.

Market Strengths
  • Steady property price growth of 3.35% for ready-to-move units.
  • Strong rental demand with average rates of ₹97 per sq ft.
  • Reliable transaction volume with 9 registrations recorded in the recent period.
  • Diverse rental unit options including 2 BHK and 3 BHK configurations.
  • Consistent performance in premium residential projects like Sri Zynergy.
Market Challenges
  • Rental rates in surrounding areas like Sion have seen a decrease of -4.9%, indicating localized rental volatility.
  • Chunabhatti rental rates have experienced a decline of -7.92%, suggesting competitive pressures in nearby sub-markets.
  • Several neighboring locations like Tilak Nagar show a rental rate contraction of -1.05%.
Investment Opportunities
  • Ready-to-move residential apartments in Suman Nagar currently show a 3.35% appreciation trend.
  • Rental yields remain healthy with average apartment rents reaching ₹100 per sq ft.
  • The 2 BHK segment offers a consistent rental income potential of approximately ₹78,850 per month.
  • Proximity to higher-priced hubs like Chembur provides potential for long-term capital appreciation.
Top Localities in Suman Nagar, Mumbai

Nehru Nagar

Avg Price ₹ 23,500 /Sq.Ft.
LISTINGS 8
Price Trend

Suman Nagar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends
Suman Nagar Property Price Comparison
  • By Localities
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Kurla East 24,350 11.8
Sion 28,100 -1.4
Chunabhatti 26,600 -1.6
Kurla 23,900 -4.7
Tilak Nagar 26,450 -2.9
Tilak Nagar 26,450 -2.9
Tilak Nagar 26,450 -2.9
Subhash Nagar 23,800 -4.8
Chembur 33,150 -1.6
Bhakti Park 35,800 1.3
Suman Nagar sits within a competitive landscape of Mumbai neighborhoods. Nearby locations like Chembur command a higher average rate of ₹33,150 per sq ft, while Kurla East offers a slightly more accessible entry point at ₹24,350 per sq ft. Meanwhile, Sion and Chunabhatti hover at ₹28,100 and ₹26,600 per sq ft respectively, providing a varied range of price points for prospective investors in the harbour region.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 26,150 3.4
The Suman Nagar market is currently defined by its ready-to-move inventory. With 1 unit currently tracked, the segment averages ₹26,150 per sq ft and has experienced a growth of 3.35%, making it an attractive choice for buyers seeking immediate possession.
Project & Developer Insights

Top Residential Projects and Developers in Suman Nagar

Top Projects in Suman Nagar
JP Icons 71 is the top project in Suman Nagar with prices from ₹ 4.25 Cr to 6.44 Cr.
JP Icons 71 ₹ 4.25 Cr - ₹ 6.43 Cr
  • Mumbai Harbour, Mumbai
Purva Clermont ₹ 94.26 L - ₹ 4.62 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya ₹ 4.25 Cr - ₹ 16.72 Cr
  • Mumbai Harbour, Mumbai
Chandak Highscape City ₹ 1.35 Cr - ₹ 3.07 Cr
  • Mumbai Harbour, Mumbai
Piramal Aranya Ahan ₹ 3.59 Cr - ₹ 5.39 Cr
  • Mumbai Harbour, Mumbai
Shapoorji Pallonji The Canvas Residences ₹ 2.9 Cr - ₹ 3.79 Cr
  • Mumbai Harbour, Mumbai
Godrej Sky Terraces ₹ 8.12 Cr - ₹ 11.68 Cr
  • Mumbai Harbour, Mumbai
L And T The Gateway ₹ 7.66 Cr - ₹ 13 Cr
  • Mumbai Harbour, Mumbai
Lodha Aureus ₹ 4.6 Cr - ₹ 10.7 Cr
  • Mumbai Harbour, Mumbai
Rustomjee Balmoral ₹ 7.99 Cr - ₹ 12.37 Cr
  • Mumbai Harbour, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developers in Mumbai
AHCL Builders leads in Mumbai with 1 projects and years of experience.
DLF
AHCL Builders ₹ 1.79 Cr - ₹ 2.45 Cr
  • 1 Projects
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Sri Zynergy, Suman Nagar 26,150 3.4
Premium residential developments define the upper end of the Suman Nagar market. Sri Zynergy is a notable project in this space, currently priced at ₹26,150 per sq ft, which reflects a 3.35% increase in value and underscores the premium nature of new residential construction in the locality.
Project Name Rate (₹/Sq.Ft) Change %
Sri Zynergy, Suman Nagar 97 1
Sri Zynergy is a key project for renters, with current rates at ₹97 per sq ft. This project has maintained a stable performance with a 1.04% increase in rental value.
Government Registrations

Government Registration in Suman Nagar, Mumbai

Recent government registration data for Suman Nagar reflects a steady market with 9 recorded transactions. These deals represent a total gross value of ₹10 Cr, with registered rates averaging ₹32,150 per sq ft, signaling strong buyer commitment to the area.
Sales Transactions 9
Gross Sales Value ₹ 10 Cr
Registered Rate ₹ 32,150/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Suman Nagar, Mumbai

Rental rates for 2 BHK units in Suman Nagar average ₹78,850 per month. Meanwhile, 3 BHK units are available at an average monthly rent of ₹75,000, catering to diverse family housing needs. Rental rates across the region show varied performance, with G Block BKC commanding a premium at ₹250 per sq ft. Other areas like Collectors Colony, Kurla East, and Chembur Colony maintain a steady average of ₹100 per sq ft, while Sion has seen a -4.9% adjustment in rental pricing. Apartments remain the primary rental property type in the area, averaging ₹100 per sq ft. This segment has experienced a positive growth of 7.22% over the past year, reflecting sustained demand. Sri Zynergy is a key project for renters, with current rates at ₹97 per sq ft. This project has maintained a stable performance with a 1.04% increase in rental value.
Suman Nagar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
2 Bhk 78,850
3 Bhk 75,000
Rental rates for 2 BHK units in Suman Nagar average ₹78,850 per month. Meanwhile, 3 BHK units are available at an average monthly rent of ₹75,000, catering to diverse family housing needs.
Locality Rate (₹/Sq.Ft) Change %
Collectors Colony 100 10.4
Kurla East 100 4.1
Chembur Colony 100 7.2
Nehru Nagar 100 -
Sion 100 -4.9
Borla 100 2.5
Chunabhatti 100 -7.9
Kurla 100 9.2
G Block Bkc 250 17.2
Tilak Nagar 100 -1
Rental rates across the region show varied performance, with G Block BKC commanding a premium at ₹250 per sq ft. Other areas like Collectors Colony, Kurla East, and Chembur Colony maintain a steady average of ₹100 per sq ft, while Sion has seen a -4.9% adjustment in rental pricing.
Property Type Rate (₹/Sq.Ft) Change %
Apartment 100 7.2
Apartments remain the primary rental property type in the area, averaging ₹100 per sq ft. This segment has experienced a positive growth of 7.22% over the past year, reflecting sustained demand.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 38,600 /Sq.Ft
Govt Registration Rate ₹ 18,550 /Sq.Ft
Avg. Asking Price ₹ 19,300 /Sq.Ft
Govt Registration Rate ₹ 13,900 /Sq.Ft
Avg. Asking Price ₹ 15,350 /Sq.Ft
Govt Registration Rate ₹ 9,600 /Sq.Ft
Avg. Asking Price ₹ 14,850 /Sq.Ft
Avg. Asking Price ₹ 12,950 /Sq.Ft
Govt Registration Rate ₹ 8,650 /Sq.Ft
Avg. Asking Price ₹ 12,100 /Sq.Ft
Govt Registration Rate ₹ 5,950 /Sq.Ft
Avg. Asking Price ₹ 11,750 /Sq.Ft
Govt Registration Rate ₹ 9,150 /Sq.Ft
Avg. Asking Price ₹ 9,300 /Sq.Ft
Govt Registration Rate ₹ 3,800 /Sq.Ft
Avg. Asking Price ₹ 7,900 /Sq.Ft
Avg. Asking Price ₹ 6,700 /Sq.Ft
Govt Registration Rate ₹ 2,950 /Sq.Ft

Micromarket-Wise Property Price Trends Around Suman Nagar, Mumbai

Avg. Asking Price ₹ 46,350 /Sq.Ft
Govt Registration Rate ₹ 29,950 /Sq.Ft
Avg. Asking Price ₹ 37,250 /Sq.Ft
Govt Registration Rate ₹ 21,550 /Sq.Ft
Avg. Asking Price ₹ 34,900 /Sq.Ft
Govt Registration Rate ₹ 21,350 /Sq.Ft
Avg. Asking Price ₹ 33,000 /Sq.Ft
Govt Registration Rate ₹ 20,100 /Sq.Ft

More insights about Suman Nagar, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Suman Nagar, Mumbai

What is the current average asking price in Suman Nagar, Mumbai?

As of June 2026, the average asking price in Suman Nagar is ₹39,150 per sq ft. This figure reflects a consistent upward trajectory in the locality's property market, as prices have risen from ₹37,250 per sq ft in March 2026, indicating strong demand and sustained interest from potential buyers and investors in this micromarket.

How have property prices in Suman Nagar trended over the last few quarters?

Property prices in Suman Nagar have shown a steady upward trend throughout the recent quarters. According to data from September 2025 to June 2026, the micromarket rate increased from ₹34,550 per sq ft to the current ₹39,150 per sq ft. This consistent growth suggests a resilient market environment where property values are appreciating, signaling confidence among stakeholders in the long-term potential of the area.

How does the asking price in Suman Nagar compare to the Government Registration Rate?

The current average asking price of ₹39,150 per sq ft in Suman Nagar is higher than the registered rate of ₹32,150 per sq ft recorded between September 2025 and August 2026. This gap between the market-driven asking price and the Government Registration Rate is a common observation in active real estate pockets, often reflecting the premium buyers are willing to pay for specific project amenities, location advantages, or the latest market valuation compared to historical transaction data.

What is the price of Ready To Move properties in Suman Nagar?

As of June 2026, Ready To Move properties in Suman Nagar are priced at an average of ₹26,150 per sq ft. This segment has appreciated by 3.35% compared to the previous period, reflecting a healthy demand for immediate occupancy options. For buyers prioritizing convenience and the ability to move in without construction delays, this current pricing offers a clear benchmark for evaluating available inventory in the locality.

What is the average rental rate in Suman Nagar and what does it signal for investors?

The average rental rate in Suman Nagar is currently ₹97 per sq ft as of June 2026, which has appreciated by 1.04% compared to the prior period. For investors, this rental performance, when analyzed alongside the capital appreciation of the locality, provides a vital metric for assessing potential rental income. The consistent rental growth suggests that Suman Nagar remains an attractive destination for tenants, which can help support the overall investment value for property owners.

How do rental rates vary by BHK configuration in Suman Nagar?

Rental rates in Suman Nagar show distinct variations based on the BHK configuration as of June 2026. Currently, 2 BHK apartments command an average rent of ₹78,850 per month, while 3 BHK apartments are available at an average of ₹75,000 per month. These figures help prospective tenants and landlords understand the market positioning of different unit sizes, allowing for better-informed decisions regarding budget allocation or rental yield expectations.

Which are the prominent projects for rent in Suman Nagar?

Sri Zynergy stands out as a key project in Suman Nagar for those seeking rental properties. As of June 2026, it maintains an average rental rate of ₹100 per sq ft, with a specific listing rate of ₹97 per sq ft. This project has seen a rental appreciation of 1.04% compared to the previous period, reflecting its ongoing appeal to tenants looking for quality residential options within the locality.

How do rental rates in Suman Nagar compare to nearby areas?

Rental rates in Suman Nagar, at ₹97 per sq ft, are positioned competitively against several surrounding neighbourhoods as of June 2026. For instance, areas like Collectors Colony, Kurla East, Chembur Colony, and Sion all command an average rental rate of ₹100 per sq ft. While G Block BKC commands a significantly higher premium at ₹250 per sq ft, Suman Nagar offers a more accessible rental entry point compared to high-end business districts while remaining aligned with the broader residential rental trends of the surrounding Chembur and Kurla micro-markets.

What is the status of Sri Zynergy in terms of listing rates?

Sri Zynergy is a notable project in Suman Nagar with a current listing rate of ₹26,150 per sq ft as of June 2026. This project has experienced an appreciation of 3.35% in its listing rate compared to the previous period. This growth aligns with the broader trend observed in the Ready To Move segment within the locality, making it a relevant benchmark for buyers evaluating premium residential options in the area.

How should a buyer interpret the price trends in Suman Nagar for investment purposes?

A buyer should interpret the price trends in Suman Nagar as a signal of sustained market demand. With the micromarket rate climbing from ₹34,550 per sq ft in September 2025 to ₹39,150 per sq ft in June 2026, the consistent quarter-over-quarter growth suggests that the area is experiencing healthy capital appreciation. Investors often view such steady, upward-moving trends as an indicator of a maturing market with limited supply or increasing desirability, which can be favorable for long-term value creation.

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