Mumbai
The real estate landscape in Mulund East exhibits consistent growth, characterized by a steady increase in property values and high demand for residential apartments. Recent market data shows a healthy balance between under-construction projects and ready-to-move units, catering to a wide spectrum of buyer needs. Rental activity remains particularly strong, driven by high demand for residential units, while government registration records highlight significant transaction volumes across the locality. Developers continue to prioritize quality projects, ensuring the area remains a key investment destination within the central suburbs.
As of March 2026, the average asking price in Mulund East stands at ₹26,100 per sq ft. This figure reflects an appreciation of 2.91% compared to previous periods, indicating a steady demand for residential properties in this locality. For context, the Government Registration Rate in the area is currently ₹20,100 per sq ft, which provides a baseline for property valuations.
Property prices in Mulund East have shown a consistent upward trajectory from June 2025 to March 2026. The location rate increased from ₹24,950 per sq ft in June 2025 to ₹25,150 in September 2025, reaching ₹25,400 in December 2025, and finally hitting ₹26,100 per sq ft as of March 2026. This steady growth suggests resilient buyer interest and sustained market confidence in the locality.
Property rates in Mulund East, at ₹26,100 per sq ft as of March 2026, sit in a competitive range compared to surrounding areas. For instance, Nahur East has an average asking price of ₹29,400 per sq ft, which appreciated by 4.42%, while Mulund West is priced at ₹28,800 per sq ft, showing a marginal appreciation of 0.29%. Meanwhile, Bhandup East is currently at ₹29,200 per sq ft, having appreciated by 4.43%.
As of March 2026, Ready To Move properties in Mulund East are priced at an average of ₹22,900 per sq ft, having appreciated by 9.31% over the observed period. In comparison, Under Construction projects are currently averaging ₹23,950 per sq ft, which reflects an appreciation of 6.19%. This indicates that while both segments are seeing price growth, Under Construction properties currently command a premium over ready-to-move-in units.
Neelam Senroofs leads the transaction activity in Mulund East with 5 recorded transactions as of March 2026, commanding a current rate of ₹29,300 per sq ft, which represents a significant appreciation of 38.16% compared to previous data. Manisha Prime follows with 3 transactions at ₹22,650 per sq ft, showing an appreciation of 10.21%. Other notable projects with active transactions include Swastik Divine Mulund and Yashodeep CHS Mulund, both of which remain key points of interest for buyers.
As of March 2026, the average rental rate in Mulund East is ₹110 per sq ft, which has seen a notable appreciation of 39.24% over the period. The locality currently offers a rental yield of 5.06%, a key metric for investors evaluating the income-generating potential of their property relative to the capital investment required for purchase.
Rental rates in Mulund East vary significantly by configuration as of March 2026. A 1 BHK apartment typically rents for ₹35,000 per month, while a 2 BHK apartment averages ₹46,700 per month. For larger requirements, 3 BHK apartments are available at an average of ₹2.52 Lakh per month, reflecting the diverse housing needs and premium segments present in the locality.
As of March 2026, Destiny Paradise is among the top rental projects in Mulund East, with a current rental rate of ₹84 per sq ft, though it has seen a depreciation of 1.18%. Other premium options include Sai Ram Apartment Mulund at ₹82 per sq ft (stable) and Neelam Supremo Mulund at ₹80 per sq ft (stable). These projects are highly sought after by tenants, reflecting their prime positioning within the locality.
The average asking price in Mulund East is ₹26,100 per sq ft, while the Government Registration Rate is ₹20,100 per sq ft as of March 2026. Buyers should note that the Government Registration Rate serves as the minimum valuation for stamp duty and registration purposes, whereas the asking price reflects current market demand and developer pricing. A gap between these two figures is common in active markets and should be factored into your total budget planning.
Neelam is currently the most active developer in Mulund East based on transaction volume, with 5 recorded transactions as of March 2026. Manisha Developers follows closely with 4 transactions. Other developers such as Swastik Group Mumbai, Thakur Nagar Yashodeep CHS Ltd, and Prem Group also maintain a consistent presence, signaling a market with a mix of established and localized developer activity.
