Squareyards Logo
Blogs
Download App Sell or Rent Property
Login
Insights

Insights for Sunder Nagar, Mumbai Real Estate Market Overview

Sunder Nagar maintains a stable residential market with property values holding steady at ₹29,350 per sq ft. The rental sector shows significant activity, with average rates reaching ₹100 per sq ft and a solid yield of 3.68%, indicating strong demand for housing. Recent registration data confirms consistent market movement, reflecting sustained interest from both end-users and investors. The locality benefits from its proximity to broader Mumbai western suburbs, offering competitive pricing compared to surrounding hubs.

  • Residential apartments in Sunder Nagar are priced at ₹29,350 per sq ft.
  • The average rental rate for apartments has grown by 12.5% over the past year.
  • Rental yields stand at 3.68%, providing a steady return for property owners.
  • 2 BHK apartments command an average monthly rent of ₹55,000, while 3 BHK units average ₹77,000.
  • Official records show 15 transactions registered between November 2025 and October 2026, totaling a gross value of ₹24 Cr.

Market Strengths
  • A stable average asking price of ₹29,350 per sq ft provides predictability for buyers.
  • Strong rental yield of 3.68% makes the locality attractive for income-focused investors.
  • Significant rental growth of 12.5% for apartments highlights high tenant interest.
  • Consistent registration activity with 15 transactions totaling ₹24 Cr reflects a healthy, active market.
  • Availability of both 2 BHK and 3 BHK rental options at ₹55,000 and ₹77,000 respectively provides flexibility for renters.
Market Challenges
  • Ready-to-move property prices have seen a decline of -19.08%, which may impact short-term resale value.
  • The average rental rate of ₹100 per sq ft for apartments faces pressure from fluctuating rates in neighbouring areas like Mahesh Nagar and Unnat Nagar.
Investment Opportunities
  • Rental yields of 3.68% provide a stable return for long-term residential investors.
  • The 12.5% growth in apartment rental rates signals increasing demand for leased properties.
  • Ready-to-move units at ₹23,750 per sq ft offer a lower entry price compared to the general market average.
  • 3 BHK apartments attract monthly rents of ₹77,000, catering to the premium rental segment.
Price Trend

Sunder Nagar, Mumbai Property Price Trends and Appreciation

Property rates in Sunder Nagar have remained consistent at ₹29,350 per sq ft throughout the recent quarters from December 2025 to March 2026. This stability contrasts with the broader micromarket, which saw rates shift from ₹34,600 to ₹34,900 per sq ft. Such trends indicate a resilient local market that maintains its value despite wider regional fluctuations.
Asking Price Trends
₹ 29,350/Sq.Ft
Dec 2025 — Sep 2026
Quarter City Rate
Sep 2026 0
Jun 2026 0
Mar 2026 29350
Dec 2025 29350
About Asking Price Trends
Sunder Nagar Property Price Comparison
  • By Localities
  • By Property Type
  • By Property Status
Location Rate (₹/Sq.Ft) Change %
Malad West 30,800 2
Bangur Nagar 37,400 1.3
Goregaon West 33,400 2.7
Dindoshi 31,800 8.4
Malad East 30,400 2.2
Azad Nagar 35,450 10.2
Gokuldham Colony 50,450 7.5
Oshiwara 40,350 12.1
Kandivali West 26,800 6.7
Sunder Nagar sits within a competitive landscape where neighbouring areas offer varied price points. Bangur Nagar commands a higher average of ₹37,400 per sq ft, while Malad West remains closer to the local baseline at ₹30,800 per sq ft. Kandivali West offers a more accessible entry point at ₹26,800 per sq ft. These comparisons highlight Sunder Nagar's mid-range positioning, which appeals to a wide spectrum of buyers looking for balance between location and cost.
Type Rate (₹/Sq.Ft) Change %
Apartment 29,350 -
Sunder Nagar's real estate market offers diverse options to meet different needs. Apartments are the primary residential choice, priced at an average of ₹29,350 per sq ft. This consistency in pricing across the residential segment underscores the stable nature of the local housing market.
Status No of Project Rate (₹/Sq.Ft) Change %
Ready To Move 1 23,750 -19.1
The Sunder Nagar market provides ready-to-move inventory for those seeking immediate occupancy. This segment, featuring projects like Raja Shri Sapta Ratna Chs, is currently priced at ₹23,750 per sq ft, which reflects a change of -19.08% and offers an attractive entry point for buyers looking to settle in quickly.
Project & Developer Insights
Top Projects by Listing Rates
  • Listing Rate
  • By Rental
Project Name Rate (₹/Sq.Ft) Change %
Raja Shri Sapta Ratna Chs, Sunder Nagar 23,750 -19.1
Premium residential developments in Sunder Nagar define the local living standard. Raja Shri Sapta Ratna Chs stands out as a key project in the area, currently priced at ₹23,750 per sq ft. This development represents the established housing stock available to those prioritizing location and convenience in the western suburbs.
Project Name Rate (₹/Sq.Ft) Change %
Raja Shri Sapta Ratna Chs, Sunder Nagar 73 -
Raja Shri Sapta Ratna Chs is a notable project in the rental market, with current rates at ₹73 per sq ft. This project provides a consistent option for those looking for established residential living in Sunder Nagar.
Government Registrations

Government Registration in Sunder Nagar, Mumbai

Official registration data for the period between November 2025 and October 2026 shows consistent market activity in Sunder Nagar. With 15 transactions recorded, the locality generated a gross value of ₹24 Cr. The average registered rate of ₹17,800 per sq ft underscores the transaction volume and buyer interest during this timeframe.
Sales Transactions 15
Gross Sales Value ₹ 24 Cr
Registered Rate ₹ 17,800/Sq.Ft
Rental Trends

Rental Trends and Average Rent in Sunder Nagar, Mumbai

Rental demand is robust across unit sizes, 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 families looking for more space in the area. Rental rates across the region show varied performance, with many surrounding areas like Malad West and Bangur Nagar averaging ₹100 per sq ft. While some locations like Mahesh Nagar have seen a decline of -11.34%, others like Upper Govind Nagar have experienced a positive shift of 3.23%. Apartment rentals have performed well, recording a 12.5% increase to reach an average of ₹100 per sq ft. Office spaces continue to command a premium, averaging ₹200 per sq ft in the local market. Raja Shri Sapta Ratna Chs is a notable project in the rental market, with current rates at ₹73 per sq ft. This project provides a consistent option for those looking for established residential living in Sunder Nagar.
Sunder Nagar Rent Comparison
  • By Unit Type
  • By Location
  • By Property Type
Unit Type Rate (₹)
2 Bhk 55,000
3 Bhk 77,000
Rental demand is robust across unit sizes, 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 families looking for more space in the area.
Locality Rate (₹/Sq.Ft) Change %
Mahesh Nagar 100 -11.3
Malad West 100 5.7
Navy Colony 100 -
Unnat Nagar 100 -4.9
Matanpur Nagar 100 -
Pandurang Wadi 100 3
Mahendra Nagar 100 -1.6
Upper Govind Nagar 100 3.2
Panch Wadi 100 -
Bangur Nagar 100 3.2
Rental rates across the region show varied performance, with many surrounding areas like Malad West and Bangur Nagar averaging ₹100 per sq ft. While some locations like Mahesh Nagar have seen a decline of -11.34%, others like Upper Govind Nagar have experienced a positive shift of 3.23%.
Property Type Rate (₹/Sq.Ft) Change %
Office Space 200 -
Apartment 100 12.5
Apartment rentals have performed well, recording a 12.5% increase to reach an average of ₹100 per sq ft. Office spaces continue to command a premium, averaging ₹200 per sq ft in the local market.

Explore Property Rates in Top Cities

Avg. Asking Price ₹ 37,700 /Sq.Ft
Govt Registration Rate ₹ 18,300 /Sq.Ft
Avg. Asking Price ₹ 18,200 /Sq.Ft
Avg. Asking Price ₹ 16,000 /Sq.Ft
Govt Registration Rate ₹ 9,650 /Sq.Ft
Avg. Asking Price ₹ 15,100 /Sq.Ft
Avg. Asking Price ₹ 13,550 /Sq.Ft
Govt Registration Rate ₹ 8,750 /Sq.Ft
Avg. Asking Price ₹ 12,650 /Sq.Ft
Govt Registration Rate ₹ 9,100 /Sq.Ft
Avg. Asking Price ₹ 12,400 /Sq.Ft
Avg. Asking Price ₹ 9,400 /Sq.Ft
Govt Registration Rate ₹ 3,700 /Sq.Ft
Avg. Asking Price ₹ 9,200 /Sq.Ft
Avg. Asking Price ₹ 6,800 /Sq.Ft

Micromarket-Wise Property Price Trends Around Sunder Nagar, Mumbai

Avg. Asking Price ₹ 40,300 /Sq.Ft
Govt Registration Rate ₹ 29,500 /Sq.Ft
Avg. Asking Price ₹ 39,650 /Sq.Ft
Govt Registration Rate ₹ 21,000 /Sq.Ft
Avg. Asking Price ₹ 35,900 /Sq.Ft
Govt Registration Rate ₹ 21,600 /Sq.Ft
Avg. Asking Price ₹ 32,400 /Sq.Ft
Govt Registration Rate ₹ 19,900 /Sq.Ft

More insights about Sunder Nagar, Mumbai

FAQ

Frequently Asked Questions About Property Rates in Sunder Nagar, Mumbai

What is the current average asking price in Sunder Nagar, Mumbai?

As of September 2026, the average asking price in Sunder Nagar is ₹29,350 per sq ft. This rate has remained stable with a 0% change, indicating a balanced market environment where supply and demand are currently holding steady.

How does the Government Registration Rate compare to the market asking price in Sunder Nagar?

The Government Registration Rate in Sunder Nagar is ₹17,800 per sq ft, based on transactions recorded between November 2025 and October 2026. This figure is significantly lower than the current market asking price of ₹29,350 per sq ft, reflecting a common variance between official registration values and the actual market-driven prices requested by sellers in the locality.

What is the recent rental trend for apartments in Sunder Nagar?

The average rental rate for apartments in Sunder Nagar is ₹100 per sq ft as of September 2026. This rate has appreciated by 12.5% compared to the previous period, signaling a robust increase in demand for rental properties within the area.

What rental yield can investors expect in Sunder Nagar?

Investors in Sunder Nagar can currently expect a rental yield of 3.68% as of September 2026. This yield represents the annual rental income relative to the property's capital value, providing a key metric for those evaluating the income-generating potential of residential assets in this locality.

How do rental rates vary by BHK configuration in Sunder Nagar?

As of September 2026, rental rates in Sunder Nagar are segmented by unit size, with 2 BHK apartments averaging ₹55,000 per month and 3 BHK apartments averaging ₹77,000 per month. These figures help tenants and landlords understand the monthly budget requirements and income expectations based on the specific space and configuration of the property.

What is the price difference between Ready To Move properties and the overall market average in Sunder Nagar?

Ready To Move properties in Sunder Nagar are currently priced at ₹23,750 per sq ft as of September 2026. This reflects a depreciation of 19.08% compared to previous periods, which may present a more accessible entry point for end-users looking for immediate possession compared to the broader locality average of ₹29,350 per sq ft.

How do property prices in Sunder Nagar compare to nearby neighbourhoods?

Property prices in Sunder Nagar, at ₹29,350 per sq ft, sit competitively within the broader Mumbai Western Suburbs market. For comparison, nearby areas show varied pricing, such as Bangur Nagar at ₹37,400 per sq ft (which appreciated by 1.3%) and Kandivali West at ₹26,800 per sq ft (which appreciated by 6.67%), highlighting the premium or value positioning of Sunder Nagar relative to its immediate surroundings.

What is the rental rate for office spaces in Sunder Nagar?

The average rental rate for office spaces in Sunder Nagar is ₹200 per sq ft as of September 2026. This rate has remained stable with a 0% change, suggesting consistent demand for commercial leasing in the locality.

How should a buyer interpret the price trend data for Sunder Nagar?

The price trend data for Sunder Nagar shows that the locality rate held steady at ₹29,350 per sq ft through March 2026. While the micromarket rate fluctuated between ₹34,600 and ₹35,900 per sq ft from December 2025 to June 2026, the stability in the locality-specific rate suggests a period of price consolidation, which is often viewed as a stable phase for long-term property investment.

Which premium rental projects are currently active in Sunder Nagar?

Raja Shri Sapta Ratna Chs is a notable project in Sunder Nagar, currently offering rental rates of ₹73 per sq ft as of September 2026. With no change in its rental rate, this project provides a specific benchmark for tenants looking for residential options within this locality.

Country/City