Property Rates in Motilal Nagar, Mumbai 2026

The average asking price in Motilal Nagar is currently ₹35,900 per sq ft, while the Government Registration Rate is recorded at ₹21,300 per sq ft for the period between October 2025 and September 2026. This variance highlights the difference between market-driven asking prices and the benchmark values used for official property registrations in the area.

Property rates in Motilal Nagar have shown a steady upward trajectory throughout the recent quarters. The micromarket rate rose from ₹33,100 per sq ft in September 2025 to ₹34,600 per sq ft in December 2025, further increasing to ₹34,900 per sq ft in March 2026, and reaching ₹35,900 per sq ft by June 2026. This consistent growth suggests strong buyer confidence and a tightening supply in the locality.

Property rates in Motilal Nagar, at ₹35,900 per sq ft, sit in the mid-to-high range compared to surrounding areas. For instance, Shashtri Nagar commands a higher average of ₹51,400 per sq ft, while areas like Jogeshwari East are more accessible at ₹28,900 per sq ft. Other nearby hubs like Goregaon West and Jogeshwari West are priced at ₹33,400 per sq ft and ₹33,800 per sq ft respectively, showing that Motilal Nagar remains a competitively priced option within the broader western suburbs.

Rental rates in Motilal Nagar vary significantly based on the configuration, with 1 BHK apartments averaging ₹40,000 per month, 2 BHK units at ₹85,000 per month, and 4 BHK residences reaching ₹1.9 Lakh per month as of June 2026. These figures provide a clear picture for tenants and investors, with the overall average rental rate for the locality currently at ₹129 per sq ft, which has appreciated by 34.38% compared to the previous period.

The rental market in Motilal Nagar is showing significant momentum, with the average rental rate for apartments currently at ₹150 per sq ft as of June 2026, marking a 34.38% appreciation. Investors should note that while rental demand is robust, the rental yield potential is influenced by the current sale asking price of ₹35,900 per sq ft. This high appreciation in rental rates suggests that the locality is becoming increasingly attractive for tenants, which may support long-term rental income growth for property owners.

As of June 2026, Ready To Move properties in Motilal Nagar are available at an average price of ₹26,050 per sq ft. This segment has seen an appreciation of 1.73% compared to the previous period, reflecting a stable demand for immediate-possession homes in the area.

Samruddhi CHS Goregaon West is a notable project in the Motilal Nagar vicinity, currently listed at an average rate of ₹26,050 per sq ft as of June 2026. This project has experienced an appreciation of 1.73% in its listing rate compared to the prior period, making it a key reference point for those tracking Ready To Move inventory in the local market.