Property Rates in Mulund West, Mumbai

As of Mar 2026, the average asking price in Mulund West is ₹28,785 per sq ft, while the Government Registration Rate is ₹19,397 per sq ft. This indicates a significant difference, with asking prices being substantially higher than the registered values. This gap might suggest a premium commanded by sellers in the market or reflect factors like ongoing negotiations and market dynamics that are not fully captured by registration data.

As of Mar 2026, property rates in Mulund West have shown a mixed trend over the past few quarters. While there was a slight dip from ₹28,293 per sq ft in Jun 2025 to ₹28,702 per sq ft in Dec 2025, the rate then increased to ₹28,785 per sq ft by Mar 2026. This suggests a period of stabilization followed by a recent uptick, which could signal renewed buyer interest or a response to market conditions.

As of Mar 2026, Mulund West has an average asking price of ₹28,785 per sq ft. Neighboring areas show varied price points: Nahur (₹28,600 per sq ft, with a 13.72% appreciation), Nahur East (₹29,419 per sq ft, showing a significant 20.41% appreciation), and Bhandup East (₹29,218 per sq ft, up by 14.23%). Mulund East is priced at ₹26,120 per sq ft with a 3.96% appreciation, while Nahur West is at ₹21,794 per sq ft with stable rates. These comparisons highlight that while Mulund West is priced competitively, areas like Nahur East and Bhandup East are experiencing faster appreciation and command slightly higher rates.

As of Mar 2026, the average price for an apartment in Mulund West is ₹28,785 per sq ft, which has appreciated by 0.29%. Office spaces in the same area are priced higher at an average of ₹33,107 per sq ft, though this segment has seen a slight depreciation of -0.14%.

As of Mar 2026, property prices in Mulund West vary significantly by construction status. 'Ready To Move' properties are priced at ₹23,407 per sq ft, showing a depreciation of -3.71%. 'Under Construction' properties are priced at ₹24,271 per sq ft, with a slight appreciation of 0.86%. 'New Launch' properties are at ₹22,428 per sq ft, down by -2.7%. Properties in 'Near Possession' are priced at ₹28,571 per sq ft, having appreciated by 4.37%, indicating that properties closer to completion or newly launched may have different pricing dynamics compared to those ready for immediate occupancy.

As of Mar 2026, Sheth Montana recorded the highest number of transactions with 9 units, despite a -4.11% change in its current rate of ₹30,840 per sq ft. Piramal Revanta followed with 8 transactions and a current rate of ₹28,119 per sq ft, showing a 1.55% appreciation. Chheda Prem Nagar Legacy and The Wadhwa Atmosphere each had 6 transactions, with rates of ₹29,782 per sq ft and ₹29,303 per sq ft respectively. These projects are active in terms of buyer interest, with Piramal Revanta and The Wadhwa Atmosphere showing positive rate movements.

As of Mar 2026, Sheth Montana leads in transaction value with ₹26.19 Cr, despite a -4.11% change in its rate to ₹30,840 per sq ft. Piramal Revanta follows with a value of ₹18.02 Cr and a rate of ₹28,119 per sq ft, having appreciated by 1.55%. Oberoi Enigma And Eternia is third with ₹16.11 Cr, with its rate at ₹30,481 per sq ft experiencing a -4.16% change. These projects represent significant capital inflow in Mulund West, with Sheth Montana and Oberoi Enigma And Eternia seeing rate corrections while Piramal Revanta shows growth.

As of Mar 2026, Neelkanth Dhara in Mulund West has the highest listing rate at ₹41,785 per sq ft, with no reported change. Sunder Villa Apartment is next at ₹35,282 per sq ft, followed by Balaji Accolade at ₹34,810 per sq ft. Vikas Palazzo is listed at ₹34,141 per sq ft, showing a 15.86% appreciation, and Ashford Vikas Paradise is at ₹33,241 per sq ft, up by 11.49%. These projects represent the premium end of the market in Mulund West, with some experiencing significant recent appreciation.

As of Mar 2026, Nirmal leads in transaction volume in Mulund West with 16 transactions. Ashwin Sheth Group follows with 11 transactions, and Runwal ranks third with 9 transactions. Piramal Realty and Lok Housing And Construction Limited each have 8 transactions, while The Wadhwa Group, Chheda Group Mumbai, A and O Realty, and Oberoi Realty all recorded 6 transactions. This indicates strong activity from developers like Nirmal, Ashwin Sheth Group, and Runwal in the Mulund West market.

As of Mar 2026, the average rental rate in Mulund West is ₹82 per sq ft, with an average rental yield of 3.42%. This yield suggests the potential return on investment for property owners through rental income relative to the property's capital value. For instance, an apartment priced at the average asking rate of ₹28,785 per sq ft would yield approximately 3.42% annually based on current rental rates.

As of Mar 2026, rental rates in Mulund West show a clear progression with the number of bedrooms. A 1 BHK apartment averages ₹36,731 per month, while a 2 BHK commands ₹56,363 per month. For larger configurations, 3 BHK apartments are rented at an average of ₹87,341 per month, and 4 BHKs at ₹97,538 per month. The highest configuration, 6 BHK, averages a substantial ₹2.33 Lakh per month. This pattern indicates a strong demand for larger homes and a premium associated with increased space and amenities.

As of Mar 2026, rental rates per sq ft in Mulund West vary across its micromarkets. Sambhaji Nagar has an average rental rate of ₹86 per sq ft, showing a slight decrease of -1.15%. Jai Shastri Nagar commands a higher rate of ₹84 per sq ft, with a significant appreciation of 27.27%. Other areas like Jagjivan Ram Nagar are at ₹79 per sq ft, and Asha Nagar at ₹77 per sq ft. Areas such as Salpa Devi Pada (-11.69% change) and Moti Nagar (-10.98% change) have seen rental rate depreciation, currently standing at ₹68 per sq ft and ₹73 per sq ft respectively.

As of Mar 2026, Piramal Revanta Tower 3 and 4 leads with a rental rate of ₹101 per sq ft, showing a 4.12% appreciation. Piramal Revanta S Class Homes follows at ₹99 per sq ft with stable rates. The Wadhwa Atmosphere is at ₹93 per sq ft, having appreciated by 10.71%, and Runwal Pride is also at ₹92 per sq ft with no change. These projects represent the premium rental segment in Mulund West, with Piramal Revanta and The Wadhwa Atmosphere showing positive rental growth.