Property Rates in Suman Nagar, Mumbai 2026

Property prices in Suman Nagar have shown a steady upward trend throughout the recent quarters. The micromarket rate rose from ₹34,550 per sq ft in September 2025 to ₹36,000 per sq ft in December 2025, further climbing to ₹37,250 per sq ft in March 2026, and reaching ₹39,150 per sq ft by June 2026. This consistent growth suggests strong buyer confidence and tightening supply within the area.

The current average asking price in Suman Nagar of ₹39,150 per sq ft (as of June 2026) is higher than the registered rate of ₹32,150 per sq ft recorded between September 2025 and August 2026. This variance between the market-driven asking price and the Government Registration Rate is common in developing or high-demand urban pockets, reflecting the premium buyers are currently willing to pay over historical transaction benchmarks.

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 previous periods, signaling a healthy preference among end-users for immediate possession homes, which often command a premium due to the lack of construction risk.

Sri Zynergy is a prominent project in Suman Nagar, currently commanding an average listing rate of ₹26,150 per sq ft as of June 2026. This project has seen an appreciation of 3.35% in its listing rate, reflecting its competitive positioning within the Mumbai Harbour residential market.

As of June 2026, the average rental rate in Suman Nagar is ₹97 per sq ft. This rate has appreciated by 1.04% compared to prior periods, suggesting a stable and growing rental market. For investors, this steady rental income, when evaluated against the capital appreciation trends in the area, indicates a balanced potential for both long-term asset growth and consistent monthly cash flow.

Rental rates in Suman Nagar show distinct patterns based on unit size, with 2 BHK apartments averaging ₹78,850 per month and 3 BHK apartments averaging ₹75,000 per month as of June 2026. These figures help tenants and investors identify the most cost-effective configurations, with the current data suggesting that 2 BHK units currently command a slightly higher monthly rental value compared to 3 BHK units in this specific locality.

Rental rates in Suman Nagar, currently at ₹97 per sq ft, are quite competitive when compared to surrounding areas. For instance, localities like Collectors Colony, Kurla East, Chembur Colony, and Sion all feature average rental rates of approximately ₹100 per sq ft. While G Block BKC commands a significantly higher premium at ₹250 per sq ft due to its commercial significance, Suman Nagar offers a more accessible entry point for residential renters while maintaining parity with most neighbouring residential hubs.

When comparing Suman Nagar's average asking price of ₹39,150 per sq ft to neighbouring areas, it is important to note the market dynamics of each. For example, Chembur currently averages ₹33,150 per sq ft (which depreciated by 1.57% recently), and Sion averages ₹28,100 per sq ft (which depreciated by 1.44% recently). The higher relative price in Suman Nagar suggests it may be experiencing a different demand cycle or localized development phase compared to the slight price corrections observed in Chembur and Sion.

Apartments in Suman Nagar are currently commanding an average rental rate of ₹100 per sq ft as of June 2026. This segment has shown strong growth, with an appreciation of 7.22% compared to the previous period, indicating that apartments remain the preferred and most liquid asset class for renters in this locality.