Property rates in Sunder Nagar average ₹29,350 per sq ft, reflecting a stable pricing environment over the past two quarters. The local rental market shows healthy activity with an average rate of ₹90 per sq ft and a rental yield of 3.68%. Investors looking for ready-to-move options will find specific residential projects like Raja Shri Sapta Ratna Chs currently priced at ₹23,750 per sq ft, offering a distinct entry point into this established Mumbai locality.
Insights for Sunder Nagar, Mumbai Real Estate Market Overview
Sunder Nagar maintains a steady real estate landscape characterized by consistent capital values and a vibrant rental segment. The locality presents a balanced mix of residential apartment configurations that cater to varying family sizes and professional needs, while rental yields remain attractive for income-focused investors. Recent registration data highlights a steady stream of transactions, underscoring the area's continued appeal to homebuyers seeking a well-connected residential environment in the Mumbai western suburbs.
The current average asking price of ₹29,350 per sq ft remains unchanged from the previous quarter, indicating a period of price consolidation.
Rental rates for apartments have seen a notable increase of 12.5%, reaching an average of ₹100 per sq ft.
The residential rental market offers 2 BHK units at an average of ₹55,000 per month and 3 BHK units at ₹77,000 per month.
Government registration data for the period of Oct 25 to Sep 26 records 32 transactions with a total value of ₹40 Cr.
Raja Shri Sapta Ratna Chs serves as a key project in the area, providing ready-to-move residential inventory.
Market Strengths
Consistent capital values of ₹29,350 per sq ft provide price stability for long-term residential holdings.
Robust rental demand for apartments with a 12.5% increase in rates indicates high tenant interest.
A healthy rental yield of 3.68% makes the locality attractive for buy-to-let investors.
Diverse rental options including 2 BHK and 3 BHK units cater to a wide demographic of tenants.
Significant transaction volume of 32 registrations reflects a liquid and active secondary market.
Total transaction value of ₹40 Cr demonstrates substantial financial turnover within the local economy.
Market Challenges
Ready-to-move projects have seen a price correction of -19.08%, which may impact short-term capital appreciation for recent buyers.
The gap between the average asking price of ₹29,350 per sq ft and the registered rate of ₹21,350 per sq ft suggests a notable spread between listed and transacted values.
Investment Opportunities
The 3.68% rental yield provides a stable income stream for residential property investors in Sunder Nagar.
Apartment rentals have grown by 12.5%, suggesting strong demand for residential leasing in the area.
Ready-to-move units priced at ₹23,750 per sq ft offer a lower entry point compared to the general locality average of ₹29,350 per sq ft.
Office space rentals are commanding a premium at ₹200 per sq ft, indicating potential for commercial investment.
Price Trend
Sunder Nagar, Mumbai Property Price Trends and Appreciation
Property values in Sunder Nagar have remained stable at ₹29,350 per sq ft throughout the last two quarters. This consistency aligns with the broader micromarket trends, which have seen minor adjustments from ₹34,600 to ₹34,900 per sq ft during the same timeframe.
Sunder Nagar sits within a competitive landscape of Mumbai western suburbs, where property rates vary significantly by neighborhood. Nearby areas like Gokuldham Colony command a premium at ₹50,450 per sq ft, while locations such as Kandivali West offer more accessible entry points at ₹26,800 per sq ft. Other key hubs like Oshiwara and Bangur Nagar maintain higher price points of ₹40,350 and ₹37,400 per sq ft, respectively, highlighting the diverse valuation range across the region.
Residential apartments in Sunder Nagar are currently priced at an average of ₹29,350 per sq ft. This asset class remains the primary focus for the locality, providing a standardized pricing benchmark for both prospective homeowners and long-term investors in the area.
The market provides immediate occupancy options through ready-to-move projects, which are currently priced at ₹23,750 per sq ft. This segment has experienced a change of -19.08%, offering a value-oriented entry for buyers prioritizing quick possession.
Project & Developer Insights
Top Residential Projects and Developers in Sunder Nagar
Top Projectsin Sunder Nagar
Kalpataru Vian is the top project in Sunder Nagar with prices from ₹ 4.88 Cr to 9.30 Cr.
Kalpataru Vian
₹ 4.88 Cr - ₹ 9.30 Cr
Mumbai Western Suburbs, Mumbai
LnT Ahana
₹ 2.77 Cr - ₹ 7.77 Cr
Mumbai Western Suburbs, Mumbai
Purva Estrella
₹ 2.75 Cr - ₹ 7.75 Cr
Mumbai Western Suburbs, Mumbai
Adani Linkbay Residences
₹ 4.09 Cr - ₹ 9.37 Cr
Mumbai Western Suburbs, Mumbai
Mahindra Marina 64
₹ 2.1 Cr - ₹ 5.41 Cr
Mumbai Western Suburbs, Mumbai
Kolte Patil Serenova
₹ 2.60 Cr - ₹ 4.97 Cr
Mumbai Western Suburbs, Mumbai
Godrej Skyshore
₹ 9.84 Cr - ₹ 16.49 Cr
Mumbai Western Suburbs, Mumbai
Raymond Invictus By GS
₹ 6.99 Cr - ₹ 12.10 Cr
Mumbai Western Suburbs, Mumbai
Paradigm Superstar
₹ 21.81 Cr - ₹ 33.66 Cr
Mumbai Western Suburbs, Mumbai
Darshan Phoenix Tower
₹ 88 L - ₹ 1.77 Cr
Mumbai Western Suburbs, Mumbai
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New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Raja Builders leads in Mumbai with 10 projects and years of experience.
Raja Shri Sapta Ratna Chs is a notable residential development in Sunder Nagar, currently listed at an average of ₹23,750 per sq ft. This project reflects a price change of -19.08%, positioning it as a competitive choice within the local housing market.
Project Name
Rate (₹/Sq.Ft)
Change %
Raja Shri Sapta Ratna Chs, Sunder Nagar
73
-
Raja Shri Sapta Ratna Chs is a primary project for rentals in the locality, with current rates at ₹73 per sq ft. This project maintains a stable rental profile, serving as a key benchmark for residential leasing in the area.
Government Registrations
Government Registration in Sunder Nagar, Mumbai
Market activity in Sunder Nagar remains active, with 32 registered transactions recorded between Oct 25 and Sep 26. These transactions represent a total gross value of ₹40 Cr, with a registered rate of ₹21,350 per sq ft, indicating a steady flow of property ownership transfers in the locality.
Sales Transactions32
Gross Sales Value₹ 40 Cr
Registered Rate₹ 21,350/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Sunder Nagar, Mumbai
Residential rental demand is well-segmented, with 2 BHK apartments averaging ₹55,000 per month. Larger 3 BHK apartments command a higher monthly average of ₹77,000, reflecting the premium for additional space in the locality. Rental rates across the surrounding areas are largely uniform, with many locations such as Malad West, Navy Colony, and Bangur Nagar averaging ₹100 per sq ft. While some areas like Mahesh Nagar have seen a decline of -11.34%, others like Upper Govind Nagar have experienced a positive growth of 3.23%. Apartment rentals in Sunder Nagar have seen a strong growth of 12.5%, reaching an average of ₹100 per sq ft. Meanwhile, office spaces are priced higher at ₹200 per sq ft, highlighting the premium associated with commercial properties in the area. Raja Shri Sapta Ratna Chs is a primary project for rentals in the locality, with current rates at ₹73 per sq ft. This project maintains a stable rental profile, serving as a key benchmark for residential leasing in the area.
Residential rental demand is well-segmented, with 2 BHK apartments averaging ₹55,000 per month. Larger 3 BHK apartments command a higher monthly average of ₹77,000, reflecting the premium for additional space in the locality.
Rental rates across the surrounding areas are largely uniform, with many locations such as Malad West, Navy Colony, and Bangur Nagar averaging ₹100 per sq ft. While some areas like Mahesh Nagar have seen a decline of -11.34%, others like Upper Govind Nagar have experienced a positive growth of 3.23%.
Apartment rentals in Sunder Nagar have seen a strong growth of 12.5%, reaching an average of ₹100 per sq ft. Meanwhile, office spaces are priced higher at ₹200 per sq ft, highlighting the premium associated with commercial properties in the area.
Frequently Asked Questions About Property Rates in Sunder Nagar, Mumbai
What is the current average asking price in Sunder Nagar as of June 2026?
The average asking price in Sunder Nagar is ₹29,350 per sq ft as of June 2026. This rate has remained stable with a 0% change, indicating a period of price consistency in this locality for residential apartments.
How does the average asking price in Sunder Nagar compare to the Government Registration Rate?
The average asking price in Sunder Nagar is ₹29,350 per sq ft, which sits above the registered rate of ₹21,350 per sq ft observed between October 2025 and September 2026. This gap between the market asking price and the Government Registration Rate is a common indicator of the premium buyers may pay for current market liquidity and location desirability.
What is the current rental yield in Sunder Nagar, and what does it signify for investors?
The rental yield in Sunder Nagar stands at 3.68% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, providing a baseline for evaluating the income-generating potential of residential assets in the area.
How have rental rates for apartments in Sunder Nagar changed recently?
The average rental rate for apartments in Sunder Nagar is ₹100 per sq ft as of June 2026. This rate has appreciated by 12.5% compared to the previous period, reflecting a strong upward trend in rental demand for residential properties in the locality.
What are the typical monthly rental rates for 2 BHK and 3 BHK apartments in Sunder Nagar?
As of June 2026, a 2 BHK apartment in Sunder Nagar commands an average monthly rent of ₹55,000, while a 3 BHK apartment averages ₹77,000 per month. These figures provide a clear benchmark for tenants and landlords looking to understand the current cost of living and income potential for different unit sizes in the area.
What is the price trend for Ready To Move properties in Sunder Nagar?
Ready To Move properties in Sunder Nagar are currently priced at an average of ₹23,750 per sq ft as of June 2026. This represents a depreciation of 19.08% compared to the previous period, which may signal a market correction or an adjustment in supply-side pricing for completed residential inventory.
How does the rental rate for office spaces compare to apartments in Sunder Nagar?
As of June 2026, office spaces in Sunder Nagar command an average rental rate of ₹200 per sq ft, which is significantly higher than the ₹100 per sq ft average observed for apartments. The rental rate for office spaces has remained stable with 0% change, while apartment rentals have seen a 12.5% appreciation over the same period.
Which project is notable for its listing rate in Sunder Nagar?
Raja Shri Sapta Ratna Chs is a key project in Sunder Nagar, with a current listing rate of ₹23,750 per sq ft as of June 2026. This project has experienced a depreciation of 19.08% in its listing rate compared to the previous period, reflecting the broader price movement observed for ready-to-move inventory in the locality.
How do property prices in Sunder Nagar compare to nearby neighbourhoods?
Property prices in Sunder Nagar, currently at ₹29,350 per sq ft, are positioned within a competitive range compared to surrounding areas. For instance, neighbouring localities like Bangur Nagar command a higher average of ₹37,400 per sq ft (which appreciated by 1.3%), while Kandivali West offers a lower entry point at ₹26,800 per sq ft (which appreciated by 6.67%) as of June 2026.
How should a potential buyer interpret the price trends in Sunder Nagar?
A potential buyer should note that the micromarket rate in Sunder Nagar has moved from ₹34,600 per sq ft in December 2025 to ₹35,900 per sq ft in June 2026. This upward trajectory in the broader micromarket suggests resilient demand, though individual project rates—such as those for ready-to-move units—may vary significantly from these broader trends.
