Property rates in Mulund East average ₹26,650 per sq ft, reflecting a steady upward trajectory in the local residential sector. The market demonstrates significant interest in under-construction projects, which command a premium at ₹28,150 per sq ft. With a healthy rental yield of 3.42%, the area remains a balanced choice for both end-users and investors looking for long-term growth in Mumbai's central suburbs.
Insights for Mulund East, Mumbai Real Estate Market Overview
Mulund East has established itself as a resilient real estate destination in Mumbai, characterized by consistent price appreciation and a diverse supply of housing options. Current market dynamics show a clear preference for modern, under-construction developments, while ready-to-move units continue to serve as a reliable foundation for the locality. Rental activity remains active, with the area attracting tenants across various budget segments, supported by a competitive rental yield. Government registration records further validate this momentum, highlighting substantial transaction volume and total gross value over the past year.
Average property rates have climbed to ₹26,650 per sq ft, supported by a 1.96% annual increase.
Under-construction projects currently lead in pricing at ₹28,150 per sq ft, marking an 18.57% growth.
Rental yields in the locality stand at 3.42%, with 1 BHK apartments averaging ₹31,250 per month.
The market recorded 209 registrations with a gross value of ₹241 Cr between Nov 2025 and Oct 2026.
Premium projects like Yashraj Usha Apartment and Shirodkar Ganesh Dham have seen significant value appreciation.
Market Strengths
Consistent quarterly price growth from ₹25,400 to ₹26,650 per sq ft indicates a resilient market.
A diverse range of 389 Ready To Move units provides immediate options for homebuyers.
Strong registration activity with 209 transactions signals high liquidity in the area.
Premium projects are successfully commanding rates above ₹33,000 per sq ft.
The rental market remains active with 1, 2, and 3 BHK options to suit varied tenant needs.
Market Challenges
Well-occupied properties have seen a -4.78% change in pricing, suggesting a cooling trend in that segment.
The overall rental market for apartments experienced a -30.91% change, requiring careful selection for rental investments.
Some specific sub-locations like Asha Nagar have seen rental rate declines of -7.79%.
Investment Opportunities
The 3.42% rental yield provides a solid foundation for investors focusing on long-term income.
Under-construction projects show an 18.57% growth, indicating significant potential for capital appreciation.
New launch projects at ₹25,200 per sq ft offer a balanced entry point compared to the average market rate.
1 BHK apartments at ₹31,250 per month rent cater to a steady demand from working professionals.
Price Trend
Mulund East, Mumbai Property Price Trends and Appreciation
Property values in Mulund East have shown a consistent upward trend over the recent quarters, rising from ₹25,400 per sq ft in Dec 2025 to ₹26,650 per sq ft by Jun 2026. This steady appreciation reflects sustained demand within the locality. Meanwhile, the broader micromarket rates have fluctuated, settling at ₹32,400 per sq ft as of the latest quarter.
The surrounding micromarkets present a varied pricing landscape for homebuyers. Mulund West stands at ₹29,150 per sq ft, while Bhandup East is priced at ₹29,200 per sq ft. In contrast, Tulshet Pada offers a more accessible entry point at ₹21,300 per sq ft, and Bhandup West averages ₹25,150 per sq ft, providing options for diverse budget requirements.
Residential apartments in Mulund East are the primary driver of the local market, currently priced at an average of ₹26,650 per sq ft. This segment has experienced a 1.96% increase, indicating stable and continued buyer interest in the apartment lifestyle.
The local supply mix caters to varying timelines, with Ready To Move units averaging ₹23,050 per sq ft across 389 units. For those seeking newer inventory, Under Construction projects are priced at ₹28,150 per sq ft, reflecting an 18.57% growth. New launches further expand the options at an average of ₹25,200 per sq ft.
Project & Developer Insights
Top Residential Projects and Developers in Mulund East
Top Projectsin Mulund East
Lodha Codename Limited Edition is the top project in Mulund East with prices from ₹ 2.44 Cr to 3.74 Cr.
Premium residential developments in Mulund East are setting high-value benchmarks, with several projects commanding over ₹32,000 per sq ft. Yashraj Usha Apartment leads the segment at ₹33,900 per sq ft, followed closely by Shirodkar Ganesh Dham at ₹33,750 per sq ft. Other notable developments like Alag Endeavour and Ashwin Prem Bima Chhaya also command premium rates, reflecting the locality's aspirational appeal.
Top projects like Destiny Paradise and Sai Ram Apartment Mulund command rental rates of ₹84 and ₹82 per sq ft, respectively. Neelam Supremo Mulund and Dharmadi Shraddha Palm also feature prominently with rates ranging between ₹78 and ₹80 per sq ft.
The development landscape is anchored by a mix of established and emerging builders. Prem Group leads the market with 3 transactions, followed by Satguru Group, Manisha Developers, Prestige One Developments, and Realwealth Houses Pvt Ltd, each contributing to the locality's growth.
Government Registrations
Government Registration in Mulund East, Mumbai
Official records from Nov 2025 to Oct 2026 highlight a vibrant market with 209 registered transactions totaling ₹241 Cr. The registered rate of ₹20,000 per sq ft provides a benchmark for actual market activity. Prem Group emerged as the leading developer by transaction count, underscoring the strong buyer confidence in established local players.
Sales Transactions209
Gross Sales Value₹ 241 Cr
Registered Rate₹ 20,000/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Mulund East, Mumbai
Rental rates vary significantly by unit size, with 1 BHK apartments averaging ₹31,250 per month. For those requiring more space, 2 BHK units average ₹43,750 per month, while 3 BHK apartments command an average of ₹75,000 per month. Rental rates in the vicinity are varied, with areas like Nahur East and Nahur Gaothan commanding ₹100 per sq ft. Other locations such as Asha Nagar and Moti Nagar show more modest rental averages at ₹50 per sq ft. The apartment rental market in Mulund East averages ₹100 per sq ft. This segment has seen a -30.91% change over the recent period, reflecting broader shifts in rental demand. Top projects like Destiny Paradise and Sai Ram Apartment Mulund command rental rates of ₹84 and ₹82 per sq ft, respectively. Neelam Supremo Mulund and Dharmadi Shraddha Palm also feature prominently with rates ranging between ₹78 and ₹80 per sq ft.
Rental rates vary significantly by unit size, with 1 BHK apartments averaging ₹31,250 per month. For those requiring more space, 2 BHK units average ₹43,750 per month, while 3 BHK apartments command an average of ₹75,000 per month.
Rental rates in the vicinity are varied, with areas like Nahur East and Nahur Gaothan commanding ₹100 per sq ft. Other locations such as Asha Nagar and Moti Nagar show more modest rental averages at ₹50 per sq ft.
The apartment rental market in Mulund East averages ₹100 per sq ft. This segment has seen a -30.91% change over the recent period, reflecting broader shifts in rental demand.
Frequently Asked Questions About Property Rates in Mulund East, Mumbai
What is the current average asking price in Mulund East, Mumbai?
As of September 2026, the average asking price in Mulund East is ₹26,650 per sq ft. This figure reflects an appreciation of 1.96% compared to the previous period, indicating a steady demand for residential apartments in this locality.
How do property rates in Mulund East compare to the Government Registration Rate?
The average asking price in Mulund East currently stands at ₹26,650 per sq ft, which is notably higher than the Government Registration Rate of ₹20,000 per sq ft as of September 2026. This gap often reflects the premium buyers are willing to pay for market-driven amenities, location advantages, and the current supply-demand dynamics in the area.
How have property prices in Mulund East trended recently?
Property prices in Mulund East have shown a positive trajectory, with the average asking price rising from ₹26,100 per sq ft in March 2026 to ₹26,650 per sq ft by June 2026. This upward movement suggests resilient buyer interest and a stable real estate market in the locality as of September 2026.
What is the price difference between ready-to-move and under-construction properties in Mulund East?
As of September 2026, under-construction properties in Mulund East command a higher average price of ₹28,150 per sq ft, which has appreciated by 18.57% over the observed period. In contrast, ready-to-move properties are priced at an average of ₹23,050 per sq ft, showing a more modest appreciation of 0.78% compared to the previous period. This pricing structure often reflects the premium associated with newer, modern developments currently under construction versus established, ready-to-move housing stock.
What is the average rental yield in Mulund East?
The average rental yield in Mulund East is 3.42% as of September 2026. This yield provides investors with a benchmark for the potential annual rental income relative to the capital investment required for purchasing property in the locality.
What is the typical monthly rent for different apartment configurations in Mulund East?
As of September 2026, rental rates in Mulund East vary by unit size: 1 BHK apartments average ₹31,250 per month, 2 BHK apartments average ₹43,750 per month, and 3 BHK apartments average ₹75,000 per month. These figures help tenants and landlords understand the market-standard pricing for various residential needs in the area.
Which projects in Mulund East command the highest rental rates?
As of September 2026, premium rental projects in Mulund East include Destiny Paradise at ₹84 per sq ft, Sai Ram Apartment Mulund at ₹82 per sq ft, and Neelam Supremo Mulund at ₹80 per sq ft. Destiny Paradise saw a slight depreciation of 1.18% in its rental rate, while other top projects like Sai Ram Apartment and Neelam Supremo have maintained stable rental rates compared to the previous period.
How does the rental market for apartments in Mulund East compare to other nearby areas?
Rental rates for apartments in Mulund East average ₹100 per sq ft as of September 2026, which has seen a depreciation of 30.91% compared to the previous period. This rate is competitive when compared to nearby areas like Mahim West, which commands a significantly higher average of ₹200 per sq ft, or areas like Asha Nagar and Moti Nagar, where rates are lower at ₹50 per sq ft.
Which developers have the highest transaction activity in Mulund East?
As of September 2026, Prem Group leads the transaction activity in Mulund East with 3 recorded transactions. Other active developers in the locality include Satguru Group, Manisha Developers, Prestige One Developments, and Realwealth Houses Pvt Ltd, each contributing to the market's transaction volume.
How should a buyer interpret the price data on this page?
Buyers should use the provided data to compare the current average asking price of ₹26,650 per sq ft in Mulund East against the Government Registration Rate of ₹20,000 per sq ft to gauge market premiums. By reviewing the trends for ready-to-move versus under-construction properties, investors can better align their purchase decisions with their financial goals and risk appetite as of September 2026.
