Property Rates in Rajendra Nagar, Mumbai 2026

The current average asking price in Rajendra Nagar of ₹35,900 per sq ft (as of Jun 2026) sits significantly higher than the Government Registration Rate of ₹20,950 per sq ft. The Government Registration Rate is based on 15 transactions recorded between Oct 2025 and Sep 2026, totaling a gross value of ₹17 Cr. Buyers should note that the gap between market asking prices and government-registered values is common in active real estate pockets, often reflecting premiums for amenities, floor rise, and current market demand.

The price trend in Rajendra Nagar has been consistently upward over the past year, moving from ₹33,100 per sq ft in Sep 2025 to ₹35,900 per sq ft by Jun 2026. This trajectory indicates a resilient market where property values have grown steadily across each quarter. For investors and end-users, this consistent appreciation suggests strong confidence in the locality's long-term value proposition.

Property rates in the vicinity of Rajendra Nagar show a diverse range, with IC Colony commanding ₹32,950 per sq ft (which appreciated by 12.86% from Jun 2025 to Jun 2026) and Borivali East at ₹35,200 per sq ft (up by 1.23% over the same period). In contrast, areas like Shimpoli have seen a depreciation of 4.54% to reach ₹32,050 per sq ft, while Charkop Sector 3 has experienced significant appreciation of 18.81% to reach ₹27,700 per sq ft. These variations allow buyers to choose between premium established pockets and emerging growth corridors based on their budget and investment horizon.

The average rental rate in Rajendra Nagar is ₹94 per sq ft as of Jun 2026, marking an appreciation of 3.3% compared to the previous period. This growth highlights the increasing demand for rental housing in the area. For landlords and investors, this steady rise in rental values, paired with the broader market appreciation, suggests a healthy environment for generating consistent rental income.

Rental rates in Rajendra Nagar vary by unit size, with 2 BHK apartments currently averaging ₹32,000 per month, while 3 BHK apartments command a higher average of ₹1.55 Lakh per month as of Jun 2026. These figures provide a clear benchmark for tenants and investors, illustrating the premium associated with larger living spaces in the locality. Understanding these BHK-wise trends is essential for investors looking to optimize their rental yields based on the specific demand for different apartment configurations.

Rental rates for apartments show significant variance across nearby neighbourhoods as of Jun 2026. For instance, Khande Rao Dongari commands a high of ₹150 per sq ft, though it has seen a depreciation of 13.01% compared to the previous period. Meanwhile, areas like Datta Pada and Borivali East maintain a stable rental rate of ₹100 per sq ft, with Datta Pada showing a notable appreciation of 39.13%. Conversely, areas like the Food Corporation of India Warehouse have seen rental rates soften, depreciating by 11.54% to reach ₹50 per sq ft.

The 'Well Occupied' property status in Rajendra Nagar currently shows an average price of ₹24,900 per sq ft as of Jun 2026. This rate has experienced a slight depreciation of 1.29% compared to the previous period. This data point is particularly useful for buyers seeking immediate occupancy, as it reflects the pricing of established, ready-to-live-in inventory within the market.

Rajkiran CHS in Rajendra Nagar is currently listed at an average rate of ₹24,900 per sq ft as of Jun 2026. This project's rate has seen a depreciation of 1.29% compared to the previous period. As a notable project in the area, its pricing provides a specific reference point for buyers evaluating the cost of entry into established residential societies within this micromarket.

Investors should view the combination of steady capital appreciation—evidenced by the rise to ₹35,900 per sq ft in Jun 2026—and the positive rental growth of 3.3% as a sign of a balanced market. While capital values are trending upward, the rental market is also keeping pace, which is a positive indicator for those looking for a mix of long-term asset value growth and regular monthly income. When evaluating potential investments, comparing these trends against the specific BHK-wise rental data helps in identifying which unit types offer the most attractive income potential relative to the purchase price.