Property rates in Sunder Nagar average ₹29,350 per sq ft. This valuation reflects a stable residential market, supported by a healthy rental yield of 3.27%. The area offers a mix of ready-to-move housing, with projects like Raja Shri Sapta Ratna Chs highlighting the local residential appeal. Investors and residents alike benefit from a consistent pricing environment, making Sunder Nagar a notable choice for those seeking established residential pockets within the Mumbai western suburbs.
Insights for Sunder Nagar, Mumbai Real Estate Market Overview
Sunder Nagar maintains a consistent residential price point of ₹29,350 per sq ft, reflecting a stable investment landscape for prospective buyers. The rental market is equally active, with an average yield of 3.27% and diverse configurations ranging from 2 BHK to 3 BHK apartments. Government registration data highlights a steady volume of activity, with 65 transactions recorded between September 2025 and August 2026, totaling a gross value of ₹85 Cr. This performance indicates a resilient market where established projects continue to draw consistent interest from both end-users and investors.
Residential property rates are sustained at ₹29,350 per sq ft with no recent price volatility.
Rental rates for apartments average ₹100 per sq ft, showing a positive annual growth of 12.5%.
Office spaces in the locality command a premium rental rate of ₹200 per sq ft.
The registered transaction rate stands at ₹17,300 per sq ft, providing a clear benchmark for recent market activity.
Raja Shri Sapta Ratna Chs stands out as a key residential project in the area, offering stable value for occupants.
Market Strengths
Consistent residential pricing at ₹29,350 per sq ft provides market stability.
Healthy rental yield of 3.27% supports income-focused investment strategies.
Strong annual rental growth of 12.5% for apartments reflects increasing tenant demand.
High-value office space segment renting at ₹200 per sq ft diversifies the local economy.
Active transaction volume with 65 registrations confirms high liquidity in the area.
Investment Opportunities
Residential apartments offer a solid 3.27% rental yield for long-term investors.
Office spaces command a premium rental rate of ₹200 per sq ft, significantly higher than residential averages.
Apartment rentals have experienced a 12.5% annual growth, indicating rising demand for leased housing.
The stable residential price of ₹29,350 per sq ft provides a predictable entry point for market participants.
Price Trend
Sunder Nagar, Mumbai Property Price Trends and Appreciation
The residential market in Sunder Nagar has maintained a steady asking price of ₹29,350 per sq ft throughout the last two quarters. This consistency reflects a balanced supply and demand dynamic within the locality. Meanwhile, the broader micromarket rates have shown slight upward movement, rising from ₹34,600 per sq ft in December 2025 to ₹34,900 per sq ft by March 2026.
Sunder Nagar is positioned within a vibrant network of Mumbai localities, each offering distinct property rate benchmarks. Malad West commands an average of ₹30,150 per sq ft, while nearby Malad East follows closely at ₹29,750 per sq ft. In contrast, locations such as Unnat Nagar and Evershine Nagar offer more accessible entry points at ₹23,850 and ₹23,900 per sq ft respectively. Meanwhile, premium pockets like Bangur Nagar and Gokuldham Colony reach higher valuations at ₹36,900 and ₹46,950 per sq ft.
Sunder Nagar's residential market is primarily driven by apartment-style living, which currently averages ₹29,350 per sq ft. This consistent pricing across the residential segment provides clarity for buyers planning their acquisition. The stability in this category makes it a reliable choice for those seeking to invest in established neighborhoods.
Raja Shri Sapta Ratna Chs represents the core of Sunder Nagar's residential offerings, currently priced at ₹29,350 per sq ft. This development serves as a primary benchmark for the locality, reflecting the consistent value proposition found in established residential housing. It remains a key focal point for buyers interested in the area's stable property landscape.
Project Name
Rate (₹/Sq.Ft)
Change %
Raja Shri Sapta Ratna Chs, Sunder Nagar
73
-
Raja Shri Sapta Ratna Chs is a primary project for renters in Sunder Nagar, offering units at a current rate of ₹73 per sq ft. This project provides a competitive rental option within the locality's broader market.
Government Registrations
Government Registration in Sunder Nagar, Mumbai
Market activity in Sunder Nagar remains robust, with 65 transactions registered between September 2025 and August 2026. These transactions represent a significant gross value of ₹85 Cr, highlighting the area's importance to the local real estate economy. With an average registered rate of ₹17,300 per sq ft, the data confirms a steady flow of property ownership transfers.
Sales Transactions65
Gross Sales Value₹ 85 Cr
Registered Rate₹ 17,300/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Sunder Nagar, Mumbai
Residential rentals in Sunder Nagar cater to various family sizes, with 2 BHK apartments averaging ₹55,000 per month. For those requiring more space, 3 BHK units are available at an average of ₹77,000 per month. Rental rates across neighboring areas show a high level of uniformity, with many localities like Malad West, Navy Colony, and Bangur Nagar maintaining an average of ₹100 per sq ft. While most areas exhibit stability, Malad West and Pandurang Wadi have seen positive growth of 4.55% and 3.0% respectively. The rental market in Sunder Nagar is segmented between commercial and residential uses, with office spaces leading at ₹200 per sq ft. Apartment rentals are currently priced at ₹100 per sq ft, showing a notable annual increase of 12.5%. Raja Shri Sapta Ratna Chs is a primary project for renters in Sunder Nagar, offering units at a current rate of ₹73 per sq ft. This project provides a competitive rental option within the locality's broader market.
Residential rentals in Sunder Nagar cater to various family sizes, with 2 BHK apartments averaging ₹55,000 per month. For those requiring more space, 3 BHK units are available at an average of ₹77,000 per month.
Rental rates across neighboring areas show a high level of uniformity, with many localities like Malad West, Navy Colony, and Bangur Nagar maintaining an average of ₹100 per sq ft. While most areas exhibit stability, Malad West and Pandurang Wadi have seen positive growth of 4.55% and 3.0% respectively.
The rental market in Sunder Nagar is segmented between commercial and residential uses, with office spaces leading at ₹200 per sq ft. Apartment rentals are currently priced at ₹100 per sq ft, showing a notable annual increase of 12.5%.
Frequently Asked Questions About Property Rates in Sunder Nagar, Mumbai
What is the current average asking price in Sunder Nagar, Mumbai?
As of June 2026, the average asking price in Sunder Nagar is ₹29,350 per sq ft. This rate has remained stable with 0% appreciation or depreciation from December 2025 to June 2026, indicating a period of price consistency in this locality.
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, whereas the Government Registration Rate is ₹17,300 per sq ft, based on data from September 2025 to August 2026. This difference often reflects the gap between current market expectations and historical registration benchmarks used for tax and stamp duty purposes.
What is the rental yield in Sunder Nagar and what does it signify for investors?
The rental yield in Sunder Nagar stands at 3.27% as of June 2026. For investors, this yield represents the annual rental income relative to the property's capital value, providing a baseline metric to evaluate the income-generating potential of residential assets in the area compared to other investment avenues.
What are the typical rental rates for different apartment configurations in Sunder Nagar?
As of June 2026, the rental market in Sunder Nagar features distinct pricing for different unit types. A 2 BHK apartment commands an average rent of ₹55,000 per month, while a 3 BHK apartment averages ₹77,000 per month. These figures help tenants and landlords understand the current market valuation for family-sized housing in the locality.
How have rental rates for apartments changed in Sunder Nagar recently?
The average rental rate for apartments in Sunder Nagar is ₹100 per sq ft as of June 2026. This segment has seen an appreciation of 12.5% compared to the previous period, reflecting a robust increase in demand for rental apartments within the locality.
What is the current price trend for properties in Sunder Nagar?
The price trend in Sunder Nagar has shown stability, with the average asking price holding at ₹29,350 per sq ft from December 2025 through June 2026. While the broader micromarket rates have fluctuated—moving from ₹34,600 per sq ft in December 2025 to ₹35,900 per sq ft in June 2026—the specific locality rates have maintained a steady trajectory.
Which projects in Sunder Nagar are currently prominent for rental listings?
Raja Shri Sapta Ratna Chs is a notable project in Sunder Nagar, currently featuring a rental rate of ₹73 per sq ft as of June 2026. The project's rental rate has remained stable with 0% change, and it serves as a key reference point for rental pricing in the area.
How do property prices in Sunder Nagar compare to nearby areas?
Property prices in Sunder Nagar, currently at ₹29,350 per sq ft, sit in the mid-to-high range compared to surrounding localities. For instance, Bangur Nagar commands a higher average of ₹36,900 per sq ft (which depreciated by 0.07% from the previous period), while Unnat Nagar is more accessible at ₹23,850 per sq ft, showing 0% change in the same timeframe.
Are there different rental rates for office spaces versus apartments in Sunder Nagar?
Yes, there is a significant difference in rental rates between property types in Sunder Nagar as of June 2026. Office spaces command an average rental rate of ₹200 per sq ft, while apartments average ₹100 per sq ft. Both segments have maintained stable pricing with 0% change for office spaces, while apartments have appreciated by 12.5%.
What is the status of residential inventory available in Sunder Nagar?
As of June 2026, the available residential inventory in Sunder Nagar is primarily comprised of 'Ready To Move' units. These properties are currently priced at an average of ₹29,350 per sq ft, reflecting a 0% change in price, which suggests that buyers looking for immediate possession are facing a stable pricing environment.
