Rajendra Nagar Property Rates

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Property Rates in Mumbai
Property Rates in Mumbai Western Suburbs
Property Rates in Rajendra Nagar

Property rates in Rajendra Nagar average ₹25,050 per sq ft. This residential market demonstrates steady interest, supported by a competitive rental environment where average rates hover around ₹91 per sq ft. Recent government registrations underscore the locality's activity with 28 transactions recorded over the past year. With a focus on well-occupied residential apartments, the area provides a stable environment for both prospective homeowners and those seeking rental opportunities within the Mumbai western suburbs.

Insights

Insights for Rajendra Nagar, Mumbai Real Estate Market Overview

Rajendra Nagar serves as a key residential pocket within Mumbai, characterized by consistent demand and a steady pipeline of property transactions. The local market maintains a balanced profile, with residential apartments forming the primary supply. Rental activity is particularly notable, showing a significant annual growth of 18.18% in average rates. Recent registration data confirms a healthy volume of deals, reflecting sustained investor and buyer confidence in the region's long-term value proposition.

Average property rates are currently positioned at ₹25,050 per sq ft.
The rental market has seen a strong yearly increase of 18.18%, reaching an average of ₹91 per sq ft.
Government records indicate 28 registered transactions with a gross value of ₹32 Cr over the last year.
Rental options for 2 BHK units average ₹47,000 per month, while 3 BHK units command ₹1.55 Lakh per month.
Rajkiran CHS stands out as a focal point for current residential listings in the area.

Market Strengths

Strong rental growth of 18.18% annually makes the area attractive for property investors seeking yield.
A consistent transaction volume of 28 registrations confirms high liquidity for residential assets.
The average rental rate of ₹91 per sq ft remains competitive compared to surrounding western suburb micromarkets.
Established projects like Rajkiran CHS provide a stable baseline for property valuation.
Diverse rental options ranging from ₹47,000 for 2 BHK to ₹1.55 Lakh for 3 BHK units accommodate various tenant budgets.

Market Challenges

Rental rates for specific commercial-adjacent warehouse properties in nearby areas like Food Corporation of India Warehouse have seen a decline of -14.29%.
Kandivali West has experienced a price correction of -2.41%, indicating localized market pressure in the broader vicinity.

Investment Opportunities

Rental yield potential is supported by an 18.18% annual growth in average rental rates, now at ₹91 per sq ft.
2 BHK apartments are available for rent at an average of ₹47,000 per month, catering to the high demand for mid-sized family homes.
3 BHK rental units are currently priced at an average of ₹1.55 Lakh per month, appealing to the premium rental segment.
The 1.42% price appreciation in well-occupied residential projects indicates steady capital value growth.

Price Trend

Rajendra Nagar, Mumbai Property Price Trends and Appreciation

About Asking Price Trends

Rajendra Nagar Property Price Comparison

By Localities

Location	Rate (₹/Sq.Ft)	Change %
Borivali East	34,750	7.1
Saibaba Nagar	32,250	-
Mahavir Nagar	36,450	2.4
Shimpoli	33,600	2
Chikoowadi	33,600	-
Borivali West	31,300	3.3
Eksar	34,950	3.4
Kandivali West	25,100	-2.4
Kandivali East	30,950	1.6
Kanti Park	30,000	-

Rajendra Nagar is situated among several prominent Borivali and Kandivali-adjacent localities, each offering distinct price points. Borivali East commands a higher average of ₹34,750 per sq ft, while Kandivali West presents a more accessible entry point at ₹25,100 per sq ft. Meanwhile, areas like Kandivali East hover around ₹30,950 per sq ft, providing buyers with a range of investment options across the western suburbs.

Project & Developer Insights

Top Residential Projects and Developers in Rajendra Nagar

Kalpataru Vian ₹ 4.88 Cr - ₹ 9.30 Cr

Mumbai Western Suburbs, Mumbai

LnT Ahana ₹ 2.58 Cr - ₹ 6.42 Cr

Mumbai Western Suburbs, Mumbai

Purva Estrella ₹ 2.75 Cr - ₹ 7.75 Cr

Mumbai Western Suburbs, Mumbai

Adani Linkbay Residences ₹ 4.09 Cr - ₹ 9.37 Cr

Mumbai Western Suburbs, Mumbai

Darshan Phoenix Tower ₹ 88 L - ₹ 1.77 Cr

Mumbai Western Suburbs, Mumbai

Raymond The Address By GS ₹ 3.04 Cr - ₹ 7.00 Cr

Mumbai Western Suburbs, Mumbai

Origin Rock Highland ₹ 1.6 Cr - ₹ 2.45 Cr

Mumbai Western Suburbs, Mumbai

West Center Meridian Courts ₹ 2.97 Cr - ₹ 2.97 Cr

Mumbai Western Suburbs, Mumbai

Kalpataru Vivant ₹ 1.64 Cr - ₹ 4.31 Cr

Mumbai Western Suburbs, Mumbai

Mahindra Vista ₹ 1.40 Cr - ₹ 5.26 Cr

Mumbai Western Suburbs, Mumbai

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Top Projects by Listing Rates

Listing Rate

Project Name	Rate (₹/Sq.Ft)	Change %
Rajkiran Chs, Rajendra Nagar	25,050	1.4

Premium residential interest in Rajendra Nagar is concentrated in well-established projects that offer reliable living standards. Rajkiran CHS leads this segment with an asking price of ₹25,050 per sq ft. This development reflects the market's preference for stable, high-value apartment living within the Western Suburbs.

Government Registrations

Government Registration in Rajendra Nagar, Mumbai

Recent government registration data for Rajendra Nagar highlights a productive market phase, with 28 transactions finalized between August 2025 and July 2026. These deals represent a gross transaction value of ₹32 Cr, with registered rates averaging ₹20,450 per sq ft. This consistent activity level points to a healthy turnover of residential assets in the locality.

Sales Transactions 28

Gross Sales Value ₹ 32 Cr

Registered Rate ₹ 20,450/Sq.Ft

Rental Trends

Rental Trends and Average Rent in Rajendra Nagar, Mumbai

Rental demand in Rajendra Nagar varies by unit size, with 2 BHK apartments averaging ₹47,000 per month. Larger 3 BHK units are also available, commanding an average monthly rent of ₹1.55 Lakh. Rental rates across the region show varied performance, with Khande Rao Dongari recording a notable 29.2% increase to ₹150 per sq ft. Meanwhile, Borivali East has seen a rise of 20.78% to reach ₹100 per sq ft, while Datta Pada and Asara Colony both maintain average rates of ₹50 per sq ft. Apartment rentals in Rajendra Nagar have experienced a robust annual growth of 18.18%, with current rates averaging ₹100 per sq ft.

Rajendra Nagar Rent Comparison

By Unit Type
By Location
By Property Type

Unit Type	Rate (₹)
2 Bhk	47,000
3 Bhk	1,55,000

Rental demand in Rajendra Nagar varies by unit size, with 2 BHK apartments averaging ₹47,000 per month. Larger 3 BHK units are also available, commanding an average monthly rent of ₹1.55 Lakh.

Locality	Rate (₹/Sq.Ft)	Change %
Datta Pada	50	6.2
Asara Colony	50	-
Khande Rao Dongari	150	29.2
Food Corporation Of India Warehouse	100	-14.3
Mhatre Wadi	100	-
Borivali East	100	20.8
Vivekanand Nagar	100	1.2
Magathane	50	-
Poisar	100	5
Trimurty Nagar	100	16.3

Rental rates across the region show varied performance, with Khande Rao Dongari recording a notable 29.2% increase to ₹150 per sq ft. Meanwhile, Borivali East has seen a rise of 20.78% to reach ₹100 per sq ft, while Datta Pada and Asara Colony both maintain average rates of ₹50 per sq ft.

Property Type	Rate (₹/Sq.Ft)	Change %
Apartment	100	18.2

Apartment rentals in Rajendra Nagar have experienced a robust annual growth of 18.18%, with current rates averaging ₹100 per sq ft.

Explore Property Rates in Top Cities

Mumbai

Avg. Asking Price ₹ 38,600 /Sq.Ft

Govt Registration Rate ₹ 18,350 /Sq.Ft

Navi Mumbai

Avg. Asking Price ₹ 19,300 /Sq.Ft

Govt Registration Rate ₹ 13,950 /Sq.Ft

Delhi

Avg. Asking Price ₹ 18,350 /Sq.Ft

Thane

Avg. Asking Price ₹ 15,350 /Sq.Ft

Govt Registration Rate ₹ 9,500 /Sq.Ft

Gurgaon

Avg. Asking Price ₹ 14,850 /Sq.Ft

Bangalore

Avg. Asking Price ₹ 12,100 /Sq.Ft

Govt Registration Rate ₹ 5,900 /Sq.Ft

Noida

Avg. Asking Price ₹ 11,750 /Sq.Ft

Govt Registration Rate ₹ 8,900 /Sq.Ft

Hyderabad

Avg. Asking Price ₹ 9,300 /Sq.Ft

Govt Registration Rate ₹ 3,700 /Sq.Ft

Chennai

Avg. Asking Price ₹ 7,900 /Sq.Ft

Lucknow

Avg. Asking Price ₹ 6,700 /Sq.Ft

Govt Registration Rate ₹ 4,000 /Sq.Ft

Micromarket-Wise Property Price Trends Around Rajendra Nagar, Mumbai

Mumbai South

Avg. Asking Price ₹ 46,350 /Sq.Ft

Govt Registration Rate ₹ 29,850 /Sq.Ft

Mumbai Harbour

Avg. Asking Price ₹ 37,250 /Sq.Ft

Govt Registration Rate ₹ 20,000 /Sq.Ft

Mumbai Western Suburbs

Avg. Asking Price ₹ 34,900 /Sq.Ft

Govt Registration Rate ₹ 21,400 /Sq.Ft

Mumbai Central Suburbs

Avg. Asking Price ₹ 33,000 /Sq.Ft

Govt Registration Rate ₹ 20,400 /Sq.Ft

More insights about Rajendra Nagar, Mumbai

Rajendra Nagar, Mumbai Overview

Rajendra Nagar, Mumbai Reviews

FAQ

Frequently Asked Questions About Property Rates in Rajendra Nagar, Mumbai

What is the current average asking price in Rajendra Nagar?

As of June 2026, the average asking price in Rajendra Nagar stands at ₹34,900 per sq ft. This figure reflects a steady trajectory in market demand, having risen from ₹33,100 per sq ft in September 2025 to its current level. This upward movement indicates sustained interest from buyers in this micromarket over the recent quarters.

How does the asking price in Rajendra Nagar compare to the Government Registration Rate?

The current average asking price of ₹34,900 per sq ft in Rajendra Nagar is significantly higher than the Government Registration Rate of ₹20,450 per sq ft. This data, recorded for the period between August 2025 and July 2026, suggests a notable premium in market-driven valuations compared to the government-benchmarked values used for registration purposes.

What are the current rental rates for different apartment configurations in Rajendra Nagar?

As of June 2026, rental rates in Rajendra Nagar vary by unit size, with 2 BHK apartments commanding an average monthly rent of ₹47,000, while 3 BHK apartments are typically available at ₹1.55 Lakh per month. These figures provide a clear benchmark for tenants and landlords, reflecting the premium nature of larger residential spaces in the area.

What is the overall rental trend in Rajendra Nagar?

The overall average rental rate in Rajendra Nagar is ₹91 per sq ft as of June 2026, which represents a significant appreciation of 18.18% compared to the previous period. This sharp increase highlights a growing demand for rental properties in the locality, making it an increasingly attractive market for property owners looking to capitalize on rental income.

How do rental rates vary across neighbourhoods near Rajendra Nagar?

Rental rates in the vicinity of Rajendra Nagar show diverse trends as of June 2026; for instance, Khande Rao Dongari commands a premium at ₹150 per sq ft, having appreciated by 29.20%. Conversely, areas like Datta Pada and Magathane offer more accessible entry points at ₹50 per sq ft, with Datta Pada showing a 6.15% appreciation, while rates in Magathane have remained stable.

What is the price trend for well-occupied properties in Rajendra Nagar?

As of June 2026, well-occupied properties in Rajendra Nagar are priced at an average of ₹25,050 per sq ft. This segment has seen an appreciation of 1.42% compared to the previous period, signaling consistent value retention for established residential projects in the area.

Which projects in the Mumbai Western Suburbs are notable for their listing rates?

Rajkiran CHS in Rajendra Nagar is a prominent project in the Mumbai Western Suburbs, currently listed at an average rate of ₹25,050 per sq ft as of June 2026. This project has experienced an appreciation of 1.42% compared to the previous period, reflecting its standing in the local market.

How should investors interpret the property price variations in the Borivali and Kandivali regions?

Investors looking at the broader area should note that prices vary significantly; for example, Mahavir Nagar in Borivali West is currently priced at ₹36,450 per sq ft (up 2.36%), while Kandivali West has seen a depreciation of 2.41%, bringing its average to ₹25,100 per sq ft as of June 2026. These variations suggest that while some pockets like Borivali East (₹34,750 per sq ft, up 7.13%) are seeing strong growth, others are undergoing market corrections, requiring careful selection based on specific locality performance.