Property Rates in Rajendra Nagar, Mumbai 2026

The average asking price in Rajendra Nagar is currently ₹35,900 per sq ft as of June 2026, which is notably higher than the Government Registration Rate of ₹20,450 per sq ft. The Government Registration Rate is based on 22 transactions recorded between September 2025 and August 2026, with a total gross value of ₹25 Cr. Buyers should note that the market asking price often reflects current premium valuations and amenities, while the Government Registration Rate serves as a baseline for stamp duty and registration calculations.

As of June 2026, the average rental rate in Rajendra Nagar is ₹91 per sq ft, which has appreciated by 18.18% compared to the previous period. However, for the specific segment of apartments, the average rental rate is ₹100 per sq ft, which has seen a depreciation of 2.2% over the same timeframe. This indicates a nuanced rental market where overall locality averages are rising, while specific property types may experience minor corrections due to supply-side adjustments.

In Rajendra Nagar, rental options cater to diverse needs, with 2 BHK apartments currently commanding an average monthly rent of ₹36,000, while larger 3 BHK apartments are available at an average of ₹1.55 Lakh per month as of June 2026. These figures provide a clear benchmark for tenants and landlords, reflecting the premium associated with larger configurations in the area. Investors should evaluate these rental income levels against the capital investment required for property acquisition in the locality to determine potential rental returns.

Rental rates in the vicinity of Rajendra Nagar show significant variation, with areas like Khande Rao Dongari commanding the highest average at ₹150 per sq ft as of June 2026, despite a depreciation of 6.16%. In contrast, areas such as Borivali East, Datta Pada, Kulupwadi, Poisar, Dalvi Nagar, and Roshan Nagar all maintain a consistent average rental rate of ₹100 per sq ft. Meanwhile, more affordable options are found in Magathane and the Food Corporation Of India Warehouse area, both averaging ₹50 per sq ft, though these areas have seen rental depreciation of 6.76% and 11.54% respectively.

The consistent quarterly price growth in Rajendra Nagar, moving from ₹33,100 per sq ft in September 2025 to ₹35,900 per sq ft in June 2026, suggests a strong and resilient market. For investors, this trajectory indicates long-term capital appreciation potential. The steady rise in the micromarket rate over the last four quarters points to a healthy balance of demand and supply, making it a noteworthy consideration for those looking to build a portfolio in the Mumbai western suburbs.

As of June 2026, well-occupied properties in Rajendra Nagar are priced at an average of ₹25,250 per sq ft. This segment has shown positive growth, having appreciated by 2.06% compared to the previous period. This price point represents a stable entry or exit valuation for buyers seeking established communities with existing infrastructure and immediate occupancy potential.

Rajkiran CHS is a notable project in Rajendra Nagar, with a current listing rate of ₹25,250 per sq ft as of June 2026. This project has experienced an appreciation of 2.06% compared to the previous period. Its positioning reflects the broader market trend for well-established residential projects in the area, offering a reliable data point for buyers comparing project-level valuations.

Property prices in the surrounding areas of Rajendra Nagar vary widely, with Mahavir Nagar commanding a premium at ₹36,450 per sq ft (up 2.36%) and Eksar at ₹34,950 per sq ft (up 3.38%) as of June 2026. Borivali East and Borivali West show different price dynamics, with Borivali East averaging ₹34,750 per sq ft (up 7.13%) and Borivali West at ₹31,300 per sq ft (up 3.29%). Conversely, Kandivali West has seen a depreciation of 2.41%, bringing its average rate to ₹25,100 per sq ft, providing a range of entry points for buyers depending on their budget and preference for specific micro-markets.