Property rates in Suman Nagar average ₹26,250 per sq ft. This locality has seen a positive growth trend of 3.73% for ready-to-move residential projects, reflecting a stable demand for immediate occupancy. The market is anchored by premium developments such as Sri Zynergy, which align with the area's established residential profile. Investors and homebuyers alike find value in this well-connected pocket of Mumbai, where the property landscape remains focused on quality apartment living.
Insights for Suman Nagar, Mumbai Real Estate Market Overview
The real estate landscape in Suman Nagar showcases a steady market with a clear preference for ready-to-move residential apartments. With an average property rate of ₹26,250 per sq ft, the area maintains a firm position within the competitive Mumbai harbor region. Rental activity is equally robust, with average rates hovering around ₹97 per sq ft, supported by consistent interest in both 2 BHK and 3 BHK configurations. Recent government registrations highlight a healthy volume of transactions, reflecting sustained buyer confidence and active market participation.
Ready-to-move properties have appreciated by 3.73%, signaling strong demand for immediate possession homes.
The Sri Zynergy project stands as a benchmark in the locality, offering both sales and rental opportunities for discerning buyers.
Rental rates for 2 BHK units average ₹74,600 per month, while 3 BHK units command approximately ₹75,000 per month.
The broader region, including nearby hubs like Chembur and Bhakti Park, shows varied price points ranging from ₹23,900 to ₹35,800 per sq ft.
Market Strengths
Consistent 3.73% growth in ready-to-move property rates.
Strong registration activity with 18 transactions totaling ₹21 Cr.
Competitive rental market with an average of ₹97 per sq ft.
Presence of premium projects like Sri Zynergy that drive local market value.
Well-connected location within the Mumbai harbour region.
Market Challenges
Rental rates for 2 BHK and 3 BHK units are closely aligned, which may limit rental premium potential for larger configurations.
High-end projects in the vicinity, such as Bhakti Park, command a significant premium over the local average, which may influence price sensitivity.
The market is highly concentrated, with limited diversification in property types beyond standard residential apartments.
Investment Opportunities
Ready-to-move apartments offer a 3.73% growth, making them a secure choice for immediate returns.
Rental yields remain attractive with 2 BHK units averaging ₹74,600 per month.
Strategic location benefits from being near high-growth areas like Bhakti Park and Chembur.
Established projects like Sri Zynergy provide a reliable benchmark for long-term value appreciation.
Top Localities in Suman Nagar, Mumbai
Nehru Nagar
Avg Price₹ 23,500 /Sq.Ft.
LISTINGS
6
Price Trend
Suman Nagar, Mumbai Property Price Trends and Appreciation
Suman Nagar sits within a vibrant residential corridor, surrounded by diverse micro-markets that cater to different price points. Chembur commands a premium at ₹33,150 per sq ft, while Bhakti Park reaches up to ₹35,800 per sq ft, reflecting the high-end appeal of the surrounding region. More accessible options are available in nearby Kurla and Subhash Nagar, which hover around ₹23,900 and ₹23,800 per sq ft respectively. These variations provide buyers with a range of choices from luxury clusters to more competitively priced residential hubs.
Ready-to-move inventory is the primary driver of the Suman Nagar market, offering buyers immediate access to their new homes. With 1 unit tracking at an average of ₹26,250 per sq ft, this segment has seen a notable increase of 3.73%. This focus on completed projects allows for a low-risk investment environment for those prioritizing timely possession.
Project & Developer Insights
Top Residential Projects and Developers in Suman Nagar
Top Projectsin Suman Nagar
Purva Clermont is the top project in Suman Nagar with prices from ₹ 4.62 Cr.
Premium residential developments in Suman Nagar set the standard for the local market, with Sri Zynergy leading the segment. Priced at ₹26,250 per sq ft, this project reflects a 3.73% growth, underscoring its appeal to luxury-focused buyers. Its presence in the Mumbai harbour region highlights the area's capacity to host high-value residential projects that balance modern amenities with prime connectivity.
Project Name
Rate (₹/Sq.Ft)
Change %
Sri Zynergy, Suman Nagar
97
1
Sri Zynergy stands out as a top rental project in the locality, with current rates at ₹97 per sq ft. This project has seen a rental growth of 1.04%, reinforcing its status as a preferred residential address in the Mumbai region.
Government Registrations
Government Registration in Suman Nagar, Mumbai
Government registration data indicates a solid foundation for the Suman Nagar property market, with 18 transactions recorded in the recent period. These deals represent a gross value of ₹21 Cr, with an average registered rate of ₹32,150 per sq ft. This level of activity demonstrates consistent buyer commitment and a healthy volume of high-value transactions that anchor the local economy.
Sales Transactions18
Gross Sales Value₹ 21 Cr
Registered Rate₹ 32,150/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Suman Nagar, Mumbai
Rental options in Suman Nagar are well-structured, with 2 BHK apartments averaging ₹74,600 per month. Larger 3 BHK units are available at an average of ₹75,000 per month, offering competitive choices for families seeking residential space in the area. Rental rates across the region vary, with areas like Wadala Truck Terminal commanding up to ₹200 per sq ft. Nearby locations such as Collectors Colony, Charai, and Kurla East maintain a consistent average of ₹100 per sq ft, showing stable rental demand across the micro-market. Apartments in Suman Nagar remain the dominant rental asset class, averaging ₹100 per sq ft. This segment has experienced a steady growth of 1.04%, reflecting the ongoing demand for residential rental properties. Sri Zynergy stands out as a top rental project in the locality, with current rates at ₹97 per sq ft. This project has seen a rental growth of 1.04%, reinforcing its status as a preferred residential address in the Mumbai region.
Rental options in Suman Nagar are well-structured, with 2 BHK apartments averaging ₹74,600 per month. Larger 3 BHK units are available at an average of ₹75,000 per month, offering competitive choices for families seeking residential space in the area.
Rental rates across the region vary, with areas like Wadala Truck Terminal commanding up to ₹200 per sq ft. Nearby locations such as Collectors Colony, Charai, and Kurla East maintain a consistent average of ₹100 per sq ft, showing stable rental demand across the micro-market.
Apartments in Suman Nagar remain the dominant rental asset class, averaging ₹100 per sq ft. This segment has experienced a steady growth of 1.04%, reflecting the ongoing demand for residential rental properties.
Frequently Asked Questions About Property Rates in Suman Nagar, Mumbai
What is the current average asking price in Suman Nagar, Mumbai?
As of Jun 2026, the average asking price for Ready To Move properties in Suman Nagar is ₹26,250 per sq ft. This figure has appreciated by 3.73% compared to the previous period, reflecting a stable demand for completed residential inventory in this locality.
How does the Government Registration Rate compare to the market asking price in Suman Nagar?
The Government Registration Rate in Suman Nagar stands at ₹32,150 per sq ft, based on 18 transactions recorded between Aug 2025 and Jul 2026 with a total gross value of ₹21 Cr. This registered rate serves as an important benchmark for buyers to understand the actual transaction value versus the current market asking price of ₹26,250 per sq ft for ready-to-move projects.
What is the recent trend in property prices in the Suman Nagar micromarket?
Property prices in the Suman Nagar micromarket have shown a positive trajectory, rising from ₹34,550 per sq ft in Sep 2025 to ₹37,250 per sq ft by Mar 2026. This upward movement across consecutive quarters signals sustained investor confidence and consistent demand within the area.
How do property rates in Suman Nagar compare to nearby localities?
Property rates in Suman Nagar are influenced by its proximity to various Mumbai neighbourhoods, where prices vary significantly. For instance, Bhakti Park commands a higher average rate of ₹35,800 per sq ft (having appreciated by 1.25%), while areas like Kurla East are priced at ₹24,350 per sq ft, showing a notable 11.8% appreciation. Other nearby areas such as Sion at ₹28,100 per sq ft and Chembur at ₹33,150 per sq ft have seen slight depreciations of 1.44% and 1.57% respectively from their previous periods.
What is the average rental rate in Suman Nagar and how has it changed?
As of Jun 2026, the average rental rate in Suman Nagar is ₹97 per sq ft. This rate has appreciated by 1.04% compared to the prior period, indicating a steady rental market for residential apartments in the locality.
What are the typical rental rates for 2 BHK and 3 BHK apartments in Suman Nagar?
Rental rates for larger configurations in Suman Nagar are quite competitive, with 2 BHK apartments averaging ₹74,600 per month and 3 BHK apartments averaging ₹75,000 per month as of Jun 2026. These figures provide a clear baseline for tenants looking for spacious residential options, with the marginal price difference between 2 BHK and 3 BHK units suggesting high demand for both configurations.
Which projects in Suman Nagar are currently leading in terms of rental rates?
Sri Zynergy is a prominent project in Suman Nagar, with a current rental rate of ₹97 per sq ft as of Jun 2026. This project has seen its rental value appreciate by 1.04% over the observed period, making it a key reference point for those evaluating rental income potential in the area.
How do rental rates in Suman Nagar compare to surrounding areas?
Rental rates across the vicinity of Suman Nagar show diverse pricing, with Wadala Truck Terminal commanding a premium at ₹200 per sq ft, which has appreciated by 2.81%. Meanwhile, areas like Kurla East are at ₹100 per sq ft with a 5.38% appreciation, and Sion is at ₹100 per sq ft, having experienced a 1.92% depreciation. Other localities like Chembur Colony have seen a more significant rental correction, depreciating by 14.16% to reach ₹100 per sq ft.
What does the price data for Sri Zynergy indicate for potential buyers?
Sri Zynergy is currently positioned at an average listing rate of ₹26,250 per sq ft as of Jun 2026. This project has experienced an appreciation of 3.73%, which aligns with the broader ready-to-move segment trend in Suman Nagar, suggesting it is a stable option for end-users seeking immediate occupancy.
How should investors interpret the property status data in Suman Nagar?
The data for Suman Nagar shows that the Ready To Move segment is priced at ₹26,250 per sq ft as of Jun 2026, with an appreciation of 3.73%. For investors, this indicates that completed projects are currently seeing healthy price growth, which may be attributed to lower risk profiles compared to under-construction properties.
