Mumbai
The real estate market in Moti Nagar is characterized by consistent residential demand and stable capital appreciation. Recent government registration data indicates a total of 17 transactions worth ₹24 Cr, underscoring the active nature of property exchanges in this locality. Rental activity remains robust with competitive pricing across various unit configurations, supporting both investors and residents. The surrounding micro-markets contribute to a diverse property ecosystem, each influencing the regional price trends differently.
As of June 2026, the average asking price in Moti Nagar stands at ₹32,400 per sq ft. This figure reflects a market trajectory that saw the rate move from ₹33,000 per sq ft in March 2026 to its current level, representing a period of price adjustment in the local micromarket.
The average asking price in Moti Nagar is currently ₹32,400 per sq ft, which sits notably higher than the Government Registration Rate of ₹19,100 per sq ft. This registration data, based on 17 transactions recorded between October 2025 and September 2026 with a gross value of ₹24 Cr, provides a baseline for official property valuations in the area compared to the prevailing market asking prices.
Property prices in Moti Nagar have shown a fluctuating trend throughout the recent quarters. The micromarket rate moved from ₹30,050 per sq ft in September 2025 to ₹32,900 per sq ft in December 2025, peaked at ₹33,000 per sq ft in March 2026, and is currently at ₹32,400 per sq ft as of June 2026. This trajectory indicates a period of price consolidation following earlier growth phases.
Property prices in the vicinity of Moti Nagar show significant variation, reflecting the diverse nature of these neighbouring areas. As of June 2026, Mahim West commands the highest rate at ₹58,850 per sq ft, having appreciated by 15.51% compared to the previous period. Conversely, more affordable options are available in Tulshet Pada at ₹21,300 per sq ft and Bhandup at ₹22,800 per sq ft, with the latter experiencing a depreciation of 2.89%.
The average rental rate in Moti Nagar is currently ₹72 per sq ft as of June 2026, which has depreciated by 1.37% compared to the prior period. For investors, this rate provides a benchmark for potential income, though it is essential to weigh this against the current sale asking price of ₹32,400 per sq ft to determine the overall rental yield and long-term investment viability.
Rental rates in Moti Nagar vary significantly based on the unit size, catering to different tenant profiles. As of June 2026, a 1 BHK apartment typically rents for ₹36,000 per month, while a 2 BHK unit averages ₹58,850 per month. For larger requirements, a 3 BHK apartment commands an average monthly rent of ₹85,000, reflecting the premium placed on space and configuration in this locality.
Rental rates in the areas surrounding Moti Nagar show a wide range, with Mahim West leading the market at ₹200 per sq ft, having seen a significant appreciation of 36.36% compared to the previous period. Other areas like Mulund West, Nahur, and P&t Staff Colony maintain a steady rate of ₹100 per sq ft, with Nahur showing strong growth with an appreciation of 11.54%. Meanwhile, areas like Bhandup and Asha Nagar are more accessible, with rental rates at ₹50 per sq ft.
Apartments in Moti Nagar currently have an average rental rate of ₹50 per sq ft as of June 2026. This rate has experienced a depreciation of 1.37% compared to the previous period, suggesting a slight softening in the rental market for this specific property type.
