Property rates in Sunder Nagar average ₹29,350 per sq ft. The market demonstrates steady stability, maintaining this price point consistently over recent quarters. Investors find potential in the area's rental landscape, which currently offers a rental yield of 3.68%. While residential apartments define the primary supply, the locality remains a focused residential hub in Mumbai, drawing interest from those seeking established neighborhoods with consistent value retention and moderate rental demand.
Insights for Sunder Nagar, Mumbai Real Estate Market Overview
Sunder Nagar serves as a stable residential pocket in Mumbai, where property rates have maintained a consistent average of ₹29,350 per sq ft. The rental market adds a layer of depth to this locality, with an average rental rate of ₹90 per sq ft and a healthy rental yield of 3.68%. Recent registration activity shows a total of 6 transactions amounting to ₹16 Cr, highlighting a market that balances consistent asking prices with active real estate movement. Investors and residents alike benefit from a diverse rental mix that includes both apartment living and office space options.
Property rates have remained firm at ₹29,350 per sq ft through both December 2025 and March 2026.
Rental rates for apartments currently average ₹100 per sq ft, reflecting a 12.5% overall rental growth.
The residential sector provides options such as 2 BHK units at ₹55,000 per month and 3 BHK units at ₹77,000 per month.
The Raja Shri Sapta Ratna CHS remains a notable project in the locality, offering residential units at an average rate of ₹23,750 per sq ft.
Market Strengths
Consistent property rates of ₹29,350 per sq ft provide price stability for long-term investors.
Strong rental growth of 12.5% across the locality indicates rising demand for rental housing.
The area maintains a solid rental yield of 3.68%, outperforming many traditional asset classes.
A diverse range of rental unit types ensures that the locality remains relevant to various tenant demographics.
Steady transaction volume with ₹16 Cr in gross value confirms active market participation.
Market Challenges
The Ready To Move segment has seen a price adjustment of -19.08%, which may impact short-term resale value for current owners.
Apartment rentals have experienced a -7.78% change in annual rates, suggesting a shift in tenant demand.
Rental rates for property types like Upper Govind Nagar and Pandurang Wadi have seen marginal declines of -1.04% and -1.94% respectively.
Investment Opportunities
A rental yield of 3.68% makes the locality attractive for buy-to-let investors seeking consistent returns.
2 BHK apartments offer a steady rental income stream at an average of ₹55,000 per month.
3 BHK apartments cater to larger family segments with average monthly rents of ₹77,000.
The office space segment provides a premium rental opportunity with an average rate of ₹200 per sq ft.
Price Trend
Sunder Nagar, Mumbai Property Price Trends and Appreciation
Property rates in Sunder Nagar have shown remarkable stability, holding steady at ₹29,350 per sq ft from December 2025 through March 2026. This consistent pricing reflects a resilient market environment for both buyers and sellers. In comparison, the broader micromarket rates have seen a slight upward movement, climbing from ₹34,600 to ₹34,900 per sq ft during the same period.
The surrounding micromarkets present a varied landscape of pricing, with Sunder Nagar acting as a competitive residential hub. Nearby locations like Malad West command an average of ₹30,800 per sq ft, while Bangur Nagar sits at a higher premium of ₹37,400 per sq ft. Goregaon West averages ₹33,400 per sq ft, and areas like Dindoshi and Malad East hover around the ₹31,800 and ₹30,400 per sq ft marks respectively. These figures offer buyers a clear perspective on the relative value of properties within this western suburban corridor.
Sunder Nagar's residential market is primarily anchored by apartments, which currently command an average price of ₹29,350 per sq ft. This clear focus on apartment-style living ensures that the local inventory remains aligned with the needs of urban dwellers looking for established residential infrastructure.
Premium living in Sunder Nagar is highlighted by projects like Raja Shri Sapta Ratna CHS, which is currently priced at ₹23,750 per sq ft. This development stands out as a key residential option for those looking to invest in the established housing stock of the locality.
Project Name
Rate (₹/Sq.Ft)
Change %
Raja Shri Sapta Ratna Chs, Sunder Nagar
73
-
Raja Shri Sapta Ratna CHS is a primary rental project in Sunder Nagar, currently featuring an average rental rate of ₹73 per sq ft. This project serves as a key benchmark for rental pricing within the local residential apartment market.
Government Registrations
Government Registration in Sunder Nagar, Mumbai
Recent government registration data for Sunder Nagar confirms a total of 6 transactions recorded between November 2025 and October 2026. These transactions reached a gross value of ₹16 Cr, with an average registered rate of ₹17,800 per sq ft, indicating a steady flow of property ownership transfers in the region.
Sales Transactions6
Gross Sales Value₹ 16 Cr
Registered Rate₹ 17,800/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Sunder Nagar
The market recorded 6 registrations between November 2025 and October 2026, totaling ₹16 Cr in value. These figures reflect a consistent level of buying activity across the locality.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-05-12
Floor 6, Unit 601
B
432 Sq.Ft.
2026-04-22
Floor 3, Unit 304
A
217 Sq.Ft.
2026-04-16
Floor 15 वा मजला, Unit 1503
N/A
447 Sq.Ft.
2025-11-20
Floor 7, Unit 705
1
627 Sq.Ft.
2025-11-20
Floor 7, Unit 702-B
1
177 Sq.Ft.
2025-11-14
Floor 5, Unit 502
A
550 Sq.Ft.
2025-11-12
Floor G, Unit 4
N/A
540 Sq.Ft.
2025-11-12
Floor 6, Unit 602
II, B
203 Sq.Ft.
2025-11-10
Floor 5, Unit 502
H
1125 Sq.Ft.
2025-11-06
Floor 2, Unit 201
C
270 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Sunder Nagar, Mumbai
Residential rental demand is well-distributed between unit types, with 2 BHK apartments averaging ₹55,000 per month. Larger 3 BHK apartments command a higher average of ₹77,000 per month, serving the needs of larger households in the area. Rental rates across neighboring areas are largely uniform, with many locations such as Mahesh Nagar, Malad West, and Bangur Nagar all averaging ₹100 per sq ft. While most areas maintain stability, Unnat Nagar has seen a -5.21% change, contrasting with the 2.06% growth observed in Bangur Nagar. The rental market is segmented between office spaces and apartments, with office spaces commanding a premium average of ₹200 per sq ft. Conversely, apartments are currently priced at an average of ₹100 per sq ft, experiencing a -7.78% change over the past year. Raja Shri Sapta Ratna CHS is a primary rental project in Sunder Nagar, currently featuring an average rental rate of ₹73 per sq ft. This project serves as a key benchmark for rental pricing within the local residential apartment market.
Residential rental demand is well-distributed between unit types, with 2 BHK apartments averaging ₹55,000 per month. Larger 3 BHK apartments command a higher average of ₹77,000 per month, serving the needs of larger households in the area.
Rental rates across neighboring areas are largely uniform, with many locations such as Mahesh Nagar, Malad West, and Bangur Nagar all averaging ₹100 per sq ft. While most areas maintain stability, Unnat Nagar has seen a -5.21% change, contrasting with the 2.06% growth observed in Bangur Nagar.
The rental market is segmented between office spaces and apartments, with office spaces commanding a premium average of ₹200 per sq ft. Conversely, apartments are currently priced at an average of ₹100 per sq ft, experiencing a -7.78% change over the past year.
Frequently Asked Questions About Property Rates in Sunder Nagar, Mumbai
What is the current average asking price in Sunder Nagar, Mumbai?
As of Sep 2026, the average asking price in Sunder Nagar is ₹29,350 per sq ft. This rate has remained stable with a change percentage of 0% over the observed period, indicating a consistent pricing environment for residential apartments in the locality.
How does the Government Registration Rate compare to the average asking price in Sunder Nagar?
The Government Registration Rate in Sunder Nagar stands at ₹17,800 per sq ft, which is significantly lower than the current average asking price of ₹29,350 per sq ft as of Sep 2026. This data, covering transactions from Nov 2025 to Oct 2026, reflects a gap between official registration values and the prevailing market rates that buyers should consider when evaluating property investments.
What is the recent price trend for property in Sunder Nagar?
The property market in Sunder Nagar has shown a clear upward trajectory in the broader micromarket, with rates rising from ₹34,600 per sq ft in Dec 2025 to ₹36,350 per sq ft in Sep 2026. While the specific locality average for Sunder Nagar has held at ₹29,350 per sq ft during the first three quarters of 2026, the surrounding micromarket trend suggests growing demand and value appreciation in the immediate vicinity.
What are the rental rates for different BHK configurations in Sunder Nagar?
As of Sep 2026, the rental market in Sunder Nagar offers varied pricing based on unit size. A 2 BHK apartment typically commands an average rent of ₹55,000 per month, while a 3 BHK apartment averages ₹77,000 per month. These figures provide a baseline for tenants and investors looking to understand the monthly income potential of residential properties in the area.
What is the rental yield in Sunder Nagar and why does it matter for investors?
The rental yield in Sunder Nagar is currently 3.68% as of Sep 2026. This metric is a key indicator for investors, representing the annual rental income generated relative to the property's capital value, helping them assess the efficiency of their investment in the Sunder Nagar residential market.
How do rental rates for apartments compare to office spaces in Sunder Nagar?
As of Sep 2026, office spaces in Sunder Nagar command a premium rental rate of ₹200 per sq ft, which has remained stable with 0% change. In contrast, apartments have an average rental rate of ₹100 per sq ft, which has depreciated by 7.78% compared to the previous period, signaling a shift in the rental dynamics between commercial and residential segments in the locality.
What is the price of Ready To Move properties in Sunder Nagar?
As of Sep 2026, the average price for Ready To Move properties in Sunder Nagar is ₹23,750 per sq ft. This rate has depreciated by 19.08% compared to the previous period, which may present a more accessible entry point for end-users seeking immediate possession in the current market.
Which projects are prominent in Sunder Nagar based on listing rates?
Raja Shri Sapta Ratna Chs is a notable project in Sunder Nagar, currently listed at ₹23,750 per sq ft as of Sep 2026. The listing rate for this project has remained stable with 0% change over the observed period, reflecting consistent pricing for this specific residential development.
How do property rates in Sunder Nagar compare to nearby neighbourhoods?
Property rates in the vicinity of Sunder Nagar vary significantly, with areas like Gokuldham Colony reaching ₹50,450 per sq ft (up 7.45%) and Oshiwara at ₹40,350 per sq ft (up 12.14%). More affordable options are available in Kandivali West at ₹26,800 per sq ft (up 6.67%), allowing buyers to compare the relative value of Sunder Nagar's ₹29,350 per sq ft average against these broader regional benchmarks as of Sep 2026.
What does the rental rate trend show for projects like Raja Shri Sapta Ratna Chs?
Raja Shri Sapta Ratna Chs in Sunder Nagar currently has a rental rate of ₹73 per sq ft as of Sep 2026. This rate has remained stable with 0% change, while the project's average rental rate sits at ₹50 per sq ft, providing a specific benchmark for rental income potential within this development.
