Property Rates in Mulund West, Mumbai 2026

Property prices in Mulund West have shown a consistent upward trajectory through the first half of 2026. The average location rate rose from ₹28,800 per sq ft in March 2026 to ₹29,250 per sq ft in June 2026. This sustained growth signals strong buyer confidence and resilient demand within the locality, contrasting with the micromarket rate, which adjusted from ₹33,000 to ₹32,250 per sq ft over the same period.

The current average asking price in Mulund West of ₹28,800 per sq ft is significantly higher than the Government Registration Rate of ₹19,550 per sq ft as of June 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is common in premium residential hubs, reflecting the market's valuation of amenities, location, and project quality beyond base registration values.

Rental rates in Mulund West vary by unit size, catering to a diverse tenant profile as of June 2026. A 1 BHK apartment typically commands ₹34,000 per month, while 2 BHK units average ₹56,500 per month. For larger requirements, 3 BHK units are priced at ₹81,850 per month, 4 BHK units at ₹1.03 Lakh per month, and 6 BHK units reach ₹2.33 Lakh per month, reflecting the premium nature of larger residential spaces in the locality.

The rental yield in Mulund West stands at 3.42% as of June 2026. For investors, this yield represents the annual rental income relative to the property's purchase price, serving as a key indicator of income potential. While the average rental rate is ₹82 per sq ft, which depreciated by 1.2% from previous periods, the yield remains a vital metric for those balancing capital appreciation with regular rental returns.

As of June 2026, premium projects in Mulund West lead the rental market. Piramal Revanta Tower 3 and 4 commands the highest rate at ₹101 per sq ft, having appreciated by 4.12%. Other top rental projects include Piramal Revanta S Class Homes at ₹99 per sq ft and The Wadhwa Atmosphere at ₹93 per sq ft, the latter of which saw a notable appreciation of 10.71%, indicating high demand for modern, well-amenitized residential complexes.

Property prices in Mulund West are tiered based on construction status as of June 2026. Ready To Move projects average ₹23,950 per sq ft, showing an appreciation of 2.42% compared to earlier periods. In contrast, Under Construction projects are priced at ₹25,150 per sq ft, which appreciated by 3.56%, while Partially Ready To Move units command a premium at ₹30,150 per sq ft, having appreciated by 9.63%.

Nirmal leads developer activity in Mulund West with 8 recorded transactions, followed by Ajmera with 6 transactions and The Wadhwa Group with 5 transactions as of June 2026. Other prominent developers contributing to the local market activity include Damji Shamji Shah Group, Shraddha Landmark, Chheda Group Mumbai, Kateeleshwari Developers, and A and O Realty, each recording 4 transactions.

As of June 2026, office spaces in Mulund West are priced at an average of ₹33,550 per sq ft, having appreciated by 1.31%. Apartments are more affordably positioned at an average of ₹29,250 per sq ft, which reflects an appreciation of 1.65% over the comparison period. This price difference highlights the premium placed on commercial-grade real estate within the locality compared to residential apartment units.

Transaction data for top projects in Mulund West, such as Runwal Anthurium and Wadhwa Atmosphere O2, provides a signal of market liquidity and buyer preference. As of June 2026, projects like Runwal Anthurium have seen 4 transactions at ₹33,150 per sq ft, though this reflects a depreciation of 6.51% compared to previous periods. Buyers should use these transaction counts to identify established, high-demand communities versus those where pricing may be adjusting due to market shifts.