Property Rates in Rajendra Nagar, Mumbai 2026

The current average asking price in Rajendra Nagar is ₹35,900 per sq ft, which sits significantly higher than the recorded Government Registration Rate of ₹20,450 per sq ft. This data, covering transactions from September 2025 to August 2026, suggests a premium in the open market compared to official registration values, often influenced by factors like building amenities, floor rise, and specific project-level demand.

The average rental rate in Rajendra Nagar is currently ₹91 per sq ft as of June 2026, having appreciated by 18.18% over the recent period. This significant growth in rental values indicates strong demand for rental housing in the locality, making it an attractive proposition for investors looking to balance capital appreciation with consistent rental income.

Rental rates in Rajendra Nagar cater to diverse tenant profiles, with 2 BHK apartments commanding an average rent of ₹36,000 per month, while 3 BHK units are priced at an average of ₹1.55 Lakh per month as of June 2026. These figures provide a clear benchmark for both landlords setting competitive prices and tenants evaluating their housing budget within the locality.

As of June 2026, the average rental rate for apartments in Rajendra Nagar is ₹100 per sq ft, which has seen a depreciation of 2.2% compared to the previous period. While this slight adjustment reflects a minor market correction, the overall rental landscape remains active, and prospective tenants should monitor these shifts when negotiating lease terms.

Property prices vary across the region, with Mahavir Nagar currently commanding a higher average rate of ₹36,450 per sq ft (which has appreciated by 2.36% compared to the previous period), while Borivali West shows an average rate of ₹31,300 per sq ft (having appreciated by 3.29%). Other nearby areas like Eksar at ₹34,950 per sq ft (up 3.38%) and Kandivali West at ₹25,100 per sq ft (which depreciated by 2.41%) highlight the diverse pricing tiers available to buyers in the vicinity of Rajendra Nagar as of June 2026.

Properties categorized as 'Well Occupied' in Rajendra Nagar currently have an average price of ₹25,250 per sq ft as of June 2026. This segment has seen an appreciation of 2.06% compared to the previous period, indicating that established, ready-to-move-in projects continue to see steady price growth driven by high occupancy and proven livability.

Rajkiran CHS is a notable project in Rajendra Nagar, currently listed at an average 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, reflecting stable interest from buyers looking for established residential options in the Mumbai western suburbs.

Rental rates in Borivali East currently average ₹100 per sq ft as of June 2026, showing an appreciation of 8.6% compared to the previous period. This is comparable to other areas like Poisar, Dalvi Nagar, and Roshan Nagar, which also maintain an average rental rate of ₹100 per sq ft, while areas like Magathane and Food Corporation Of India Warehouse see lower rates of ₹50 per sq ft, reflecting the varied rental demand across these specific pockets.