Property Rates in Mulund West, Mumbai

Property prices in Mulund West have shown some fluctuation over the past year. From June 2025 to March 2026, the average asking price saw a slight dip from ₹28,300 to ₹28,800 per sq ft, after an increase from ₹27,650 in September 2025. The micromarket rate within Mulund West has also followed a similar pattern, indicating a dynamic pricing environment.

Mulund West's average asking price of ₹28,800 per sq ft as of March 2026 is positioned competitively among its neighbours. Mulund East shows a slightly lower average rate at ₹26,100 per sq ft, having appreciated by 2.91%. Nahur stands at ₹28,600 per sq ft with a 4.41% appreciation, while Nahur East is priced higher at ₹29,400 per sq ft, appreciating by 4.42%. Bhandup is priced lower at ₹23,450 per sq ft.

In Mulund West, apartments are priced at an average of ₹28,800 per sq ft as of March 2026, showing a 0.29% increase. Office spaces, on the other hand, are priced higher at ₹33,100 per sq ft, though they have seen a slight depreciation of -0.14%.

Property prices in Mulund West differ significantly by construction status as of March 2026. 'Ready To Move' properties are priced at ₹24,000 per sq ft, appreciating by 2.56%. 'Under Construction' properties are valued at ₹25,050 per sq ft with a 3.18% appreciation. 'New Launch' properties are at ₹22,900 per sq ft, showing a 2.01% increase, while 'Partially Ready To Move' properties are the highest at ₹28,600 per sq ft, with a 3.9% appreciation.

As of March 2026, Runwal Anthurium, Wadhwa Atmosphere O2, and A And O Excellente in Mulund West have recorded the highest number of transactions, with 4 each. Runwal Anthurium's current rate is ₹33,150 per sq ft, despite a recent depreciation of -6.51%. Wadhwa Atmosphere O2 is priced at ₹29,750 per sq ft, showing a 3.37% appreciation, and A And O Excellente is at ₹28,500 per sq ft, with a -4.74% change.

The projects with the highest transaction values in Mulund West as of March 2026 include Oberoi Enigma And Eternia at ₹10.43 Cr, Runwal Anthurium at ₹9.87 Cr, and Sheth Montana at ₹9.03 Cr. Oberoi Enigma And Eternia has a current rate of ₹30,500 per sq ft and saw a 0.60% appreciation, while Runwal Anthurium is priced at ₹33,150 per sq ft with a -6.51% change.

As of March 2026, Nirmal leads in developer activity in Mulund West with 8 transactions. Following them are Ajmera with 6 transactions, and The Wadhwa Group with 5 transactions. Other active developers include Damji Shamji Shah Group, Shraddha Landmark, Chheda Group Mumbai, Kateeleshwari Developers, and A and O Realty, each with 4 transactions.

As of March 2026, the average rental rate in Mulund West is ₹82 per sq ft, which has seen a slight decrease of -1.2%. The area offers a rental yield of 3.42%, indicating the potential return on investment for property owners through rental income relative to property value.

In Mulund West, rental rates as of March 2026 show a clear progression with the number of bedrooms. A 1 BHK apartment typically rents for ₹36,750 per month, while a 2 BHK commands ₹56,350 per month. Larger configurations like 3 BHK are around ₹87,350 per month, 4 BHK at ₹97,550 per month, and a 6 BHK can reach up to ₹2.33 Lakh per month, reflecting demand for varied living spaces.

Rental rates vary across neighbourhoods near Mulund West. Sambhaji Nagar shows an average rental rate of ₹100 per sq ft with a -1.15% change, while Asha Nagar and Jagjivan Ram Nagar are also at ₹100 per sq ft. Salpa Devi Pada and Moti Nagar have lower rates of ₹50 per sq ft, with Moti Nagar experiencing a -10.98% change. Jai Shastri Nagar shows a significant appreciation of 27.27% to ₹100 per sq ft.

As of March 2026, projects like Piramal Revanta Tower 3 and 4, Piramal Revanta S Class Homes, and The Wadhwa Atmosphere lead in rental rates per square foot in Mulund West, all averaging around ₹100 per sq ft. Piramal Revanta Tower 3 and 4 saw a 4.12% increase in rental rates, while The Wadhwa Atmosphere experienced a significant 10.71% rise.

The average asking price in Mulund West stands at ₹28,800 per sq ft as of March 2026, which is considerably higher than the Government Registration Rate of ₹19,550 per sq ft. This difference suggests that actual transaction prices may be negotiated closer to the asking rates, with a premium over the officially registered values.

A rental yield of 3.42% in Mulund West as of March 2026 indicates the annual return an investor can expect from rental income relative to the property's capital value. This figure, when considered alongside the average asking price of ₹28,800 per sq ft and the average rental rate of ₹82 per sq ft, helps investors gauge the property's income-generating potential and compare it with other investment opportunities.