Property rates in Mulund East average ₹26,100 per sq ft, reflecting a steady upward trend in the local real estate market. The area features a robust rental market with an average yield of 5.06%, making it an attractive destination for investors. With a strong pipeline of ready-to-move projects and consistent registration activity, Mulund East continues to solidify its reputation as a preferred residential hub for homebuyers seeking connectivity and modern infrastructure in Mumbai.
Insights for Mulund East, Mumbai Real Estate Market Overview
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.
Property rates have climbed to an average of ₹26,100 per sq ft, supported by consistent buyer interest in residential apartments.
The rental market is thriving, with an average rental yield of 5.06% and monthly rents for 2 BHK units reaching ₹46,700.
Ready-to-move inventory is highly sought after, with 292 available units reflecting a significant 9.31% increase in price performance.
Neelam Senroofs leads the market in transaction volume, highlighting the strong preference for established and premium developments.
Government registration data reveals a substantial 535 transactions, totaling a gross value of ₹604 Cr.
Market Strengths
A strong rental market with an average yield of 5.06% attracts steady interest from investors.
High transaction volume with 535 registrations underscores deep market liquidity.
Consistent price appreciation of 2.91% for apartments reflects long-term value stability.
A well-distributed inventory of 292 ready-to-move units supports immediate occupancy needs.
Strong brand presence of developers like Neelam and Manisha ensures high-quality project delivery.
Market Challenges
Higher entry costs in premium developments like Lodha Codename Limited Edition may limit accessibility for first-time buyers.
Price fluctuations in select older projects, such as Shreenath Apartment, require careful due diligence.
Rental rates for 3 BHK units are significantly higher at ₹2.52 Lakh, which may restrict the tenant pool.
Investment Opportunities
The 5.06% rental yield offers a compelling opportunity for investors seeking consistent monthly income.
Ready-to-move projects have seen a 9.31% price increase, indicating strong capital appreciation potential.
1 BHK units provide an accessible entry point for rental income, averaging ₹35,000 per month.
Under-construction projects at ₹23,950 per sq ft offer a lower entry cost compared to the current market average.
Top Localities in Mulund East, Mumbai
Gandhi Nagar
Avg Rent₹ 215 /sq
ft
LISTINGS
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Price Trend
Mulund East, Mumbai Property Price Trends and Appreciation
Property values in Mulund East have shown a positive trajectory, moving from ₹24,950 per sq ft in June 2025 to a current average of ₹26,100 per sq ft. This consistent appreciation across the last four quarters reflects sustained demand within the locality. The steady growth trend underscores the market's stability and its appeal to long-term property investors.
Residential property rates across the proximity show varied pricing landscapes. Nahur East commands a premium at ₹29,400 per sq ft, while Bhandup East remains competitive at ₹29,200 per sq ft. In contrast, Bhandup West offers more accessible entry points, averaging ₹22,350 per sq ft. These variations allow buyers to choose between premium pockets and value-oriented segments within the immediate vicinity of Mulund East.
The Mulund East market is primarily driven by apartment-style living, which serves as the cornerstone of local residential demand. These residential apartments currently average ₹26,100 per sq ft, reflecting a positive growth trend of 2.91% over the recent period. This segment continues to attract both end-users and investors looking for reliable assets in a well-connected neighborhood.
Mulund East offers a diverse supply mix that aligns with varying buyer timelines. Ready-to-move projects, totaling 292 units, average ₹22,900 per sq ft and have experienced a notable 9.31% price increase. Under-construction options provide 36 units at an average of ₹23,950 per sq ft, while new launches are priced at ₹22,900 per sq ft, allowing buyers to select based on their specific possession requirements.
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 ₹ 2.36 Cr to 3.61 Cr.
Premium residential developments in Mulund East are setting high-value benchmarks in the current market. Lodha Codename Limited Edition leads the segment at ₹32,250 per sq ft, followed closely by Tata Gateway Towers and Tata Infinium, both priced at ₹32,100 per sq ft. Ruparel Celestia and Tata Vivati also maintain strong asking prices of ₹32,100 per sq ft, catering to those seeking luxury living in the central suburbs.
High-value transactions in Mulund East are anchored by premium residential projects. Neelam Senroofs stands out as the primary driver of market turnover with a project value of ₹10.2 Cr. Manisha Prime also contributes significantly with a value of ₹3.6 Cr, followed by Yashodeep CHS Mulund at ₹2.78 Cr, establishing these projects as key contributors to the locality's total gross transaction value.
Buyer interest is heavily concentrated in established residential projects that offer reliability and modern amenities. Neelam Senroofs leads the market with 5 transactions, while Manisha Prime follows with 3 registrations. Other notable developments, including Swastik Divine Mulund and Yashodeep CHS, have also seen consistent transaction activity, reflecting a strong preference for trusted community living.
Top projects such as Destiny Paradise and Sai Ram Apartment Mulund are highly active in the rental space, with rates of ₹84 and ₹82 per sq ft respectively. Neelam Supremo Mulund and Mukund CHS Mulund also offer competitive rental options, with rates ranging from ₹78 to ₹80 per sq ft.
The development landscape in Mulund East is shaped by experienced builders who command significant buyer trust. Neelam leads the market in transaction volume, followed by Manisha Developers and the Swastik Group. Thakur Nagar Yashodeep CHS Ltd and Prem Group also play vital roles in the local housing supply, collectively defining the active development circle in the region.
Government Registrations
Government Registration in Mulund East, Mumbai
Official registration data for the period of June 2025 to May 2026 highlights robust activity with 535 transactions recorded, amounting to a total gross value of ₹604 Cr. The average registered rate stands at ₹19,150 per sq ft. Neelam and Manisha Developers have emerged as the leading contributors to this transaction volume, while projects like Neelam Senroofs and Manisha Prime continue to attract the highest buyer interest.
Sales Transactions535
Gross Sales Value₹ 604 Cr
Registered Rate₹ 19,150/sq.ft
Rental Trends
Rental Trends and Average Rent in Mulund East, Mumbai
Rental demand is segmented across various unit types, with 1 BHK apartments averaging ₹35,000 per month. Those looking for larger spaces can opt for 2 BHK units at an average of ₹46,700 per month, while 3 BHK units command a premium average of ₹2.52 Lakh per month. Rental rates vary across the locality, with Nahur Gaothan and Siddhartha Nagar both averaging ₹100 per sq ft. Nahur also maintains a rate of ₹100 per sq ft, reflecting the consistent demand for residential rentals across these popular sub-pockets. Residential apartments dominate the rental market, currently averaging ₹100 per sq ft. This segment has seen a significant 39.24% increase in rental rates over the past year, highlighting the growing preference for rental living in the area. Top projects such as Destiny Paradise and Sai Ram Apartment Mulund are highly active in the rental space, with rates of ₹84 and ₹82 per sq ft respectively. Neelam Supremo Mulund and Mukund CHS Mulund also offer competitive rental options, with rates ranging from ₹78 to ₹80 per sq ft.
Rental demand is segmented across various unit types, with 1 BHK apartments averaging ₹35,000 per month. Those looking for larger spaces can opt for 2 BHK units at an average of ₹46,700 per month, while 3 BHK units command a premium average of ₹2.52 Lakh per month.
Rental rates vary across the locality, with Nahur Gaothan and Siddhartha Nagar both averaging ₹100 per sq ft. Nahur also maintains a rate of ₹100 per sq ft, reflecting the consistent demand for residential rentals across these popular sub-pockets.
Residential apartments dominate the rental market, currently averaging ₹100 per sq ft. This segment has seen a significant 39.24% increase in rental rates over the past year, highlighting the growing preference for rental living in the area.
Frequently Asked Questions About Property Rates in Mulund East, Mumbai
What is the current average asking price in Mulund East as of March 2026?
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.
How have property prices in Mulund East trended over the last few quarters?
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.
How does the average asking price in Mulund East compare to nearby neighbourhoods?
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%.
What is the price difference between Ready To Move and Under Construction properties in Mulund East?
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.
Which projects in Mulund East have seen the highest transaction activity?
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.
What is the average rental rate and rental yield in Mulund East?
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.
What are the typical monthly rental rates for different BHK configurations in Mulund East?
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.
Which projects in Mulund East command the highest rental rates?
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.
How should a prospective buyer interpret the difference between the asking price and the Government Registration Rate in Mulund East?
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.
Are there specific developers who are highly active in the Mulund East market?
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.
