Mumbai
The real estate market in Moti Nagar presents a steady profile characterized by active property registrations and diverse rental options. Recent data indicates a total of 41 transactions with a gross value of ₹64 Cr, reflecting a solid foundation for residential demand. The rental segment is particularly active, with a variety of unit configurations available to suit different tenant requirements. While the broader Mulund West region shows varying growth rates, Moti Nagar maintains its own distinct market identity through consistent transaction volumes and competitive entry points.
As of June 2026, the average asking price in Moti Nagar is ₹32,250 per sq ft. This figure reflects the latest market valuation for the area, following a period where prices moved from ₹33,000 per sq ft in March 2026 to the current level, indicating a recent adjustment in the micromarket pricing trajectory.
Property prices in Moti Nagar have shown a mixed trend throughout the recent quarters. After reaching ₹30,050 per sq ft in September 2025, the micromarket rate rose to ₹32,900 per sq ft by December 2025 and peaked at ₹33,000 per sq ft in March 2026, before adjusting to ₹32,250 per sq ft as of June 2026. This trajectory highlights the dynamic nature of the local real estate market as it responds to shifting demand and supply factors.
The average asking price in Moti Nagar currently stands at ₹32,250 per sq ft, which is notably higher than the Government Registration Rate of ₹19,400 per sq ft recorded between September 2025 and August 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is a common observation in high-demand urban pockets, and buyers should consider this variance when assessing the total cost of acquisition, including stamp duty and registration fees.
The average rental rate in Moti Nagar is ₹73 per sq ft as of June 2026. This rate has experienced a depreciation of 10.98% compared to the previous period, suggesting a softening in rental demand or an increase in available rental inventory within the locality that tenants can leverage for better negotiation.
Rental costs in Moti Nagar vary significantly by unit size, with 1 BHK apartments averaging ₹36,000 per month, 2 BHK units at ₹58,850 per month, and 3 BHK homes at ₹85,000 per month as of June 2026. These figures provide a clear baseline for tenants and landlords, helping prospective renters align their housing choices with their monthly budget and space requirements.
Apartments in Moti Nagar currently command an average rental rate of ₹50 per sq ft as of June 2026. This rate has seen a minor depreciation of 1.37% compared to the previous period, indicating a period of price stability for apartment rentals in the area, which may be beneficial for long-term tenants seeking predictable housing costs.
Property prices in the vicinity of Moti Nagar show a diverse range, with areas like Mahim West commanding a premium at ₹50,950 per sq ft (which has appreciated by 7.43%), while other nearby regions like Bhandup West and Nahur West trade at ₹22,350 per sq ft and ₹21,800 per sq ft, respectively. For instance, Nahur East has seen an appreciation of 4.42% to reach ₹29,400 per sq ft, illustrating that Moti Nagar's current rate of ₹32,250 per sq ft sits within a competitive bracket compared to these surrounding micromarkets.
Rental rates vary widely across the region, with premium areas like Mahim West reaching ₹200 per sq ft (having appreciated by 33.57%) and more accessible locations like Bhandup and Salpa Devi Pada averaging ₹50 per sq ft. Notably, areas such as Mulund West, Nahur, and Sadan Wadi maintain a consistent rental rate of ₹100 per sq ft, with varying appreciation levels such as 11.54% in Nahur and 2.08% in Sadan Wadi, helping investors identify which pockets offer the best potential for rental income relative to the local sale price.
