Property Rates in Malad West, Mumbai

The Malad West real estate market caters to diverse preferences across property categories. Apartments, the primary residential offering, average ₹30,067 per sq ft and have seen a healthy 4.3% increase. Commercial spaces like shops and office spaces command higher rates, with shops at ₹49,628 per sq ft, though they experienced a significant 25.01% decrease. Office spaces average ₹34,444 per sq ft, showing a marginal decline of 0.83%, while villas, at ₹11,113 per sq ft, saw a substantial 37.14% reduction.

Malad West offers a varied selection of properties across different development stages to suit diverse buyer timelines. Ready To Move inventory dominates the market with 810 units, averaging ₹24,239 per sq ft, albeit with a slight 2.97% decrease. Under Construction projects provide 78 opportunities at ₹25,979 per sq ft, showing stable growth. Notably, Partially Ready To Move properties, though fewer in number, demonstrate significant appreciation, rising by 15.75% to ₹29,506 per sq ft, appealing to buyers seeking quicker possession.

Property rates across Malad West's various localities showcase a diverse pricing structure. Bangur Nagar commands the highest average rate at ₹36,773 per sq ft, despite a slight decline of 0.54%. Other prominent areas like Parekh Nagar and Azad Nagar also feature strong rates at ₹30,158 per sq ft and ₹32,159 per sq ft, respectively, with Azad Nagar seeing a 3.62% increase. Meanwhile, Dindoshi stands out with an impressive 10.8% appreciation, reaching ₹29,777 per sq ft, reflecting growing interest in the area.