




The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Mogalwadi is a dense residential pocket in South Mumbai bordered by Mazgaon, Dongri, and Bhindi Bazaar. The pin code of Mogalwadi is 400009. This traditional neighbourhood houses a diverse working-class population and features the historic Mughal Masjid. Families here rely on Grant Government Medical College and the massive JJ Hospital Mumbai for daily needs. Kalbadevi Metro Station on Aqua Line 3 is the nearest metro option located 2 km away. Major routes like Sardar Vallabhbhai Patel Road limit travel time to Sandhurst Road Railway Station to 5 minutes. The 2026 average property rate ranges from Rs. 28,000 to Rs. 36,000 per sq ft, dominated by older apartments where redevelopment drives demand.
| Locality | Property Price per sq ft* |
|---|---|
| Mogalwadi mumbai | Rs. 28,000 to Rs. 36,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 14,000 to Rs. 18,000 |
| 2 BHK for rent | Rs. 24,000 to Rs. 30,000 |
| 3 BHK for rent | Rs. 35,000 to Rs. 42,000 |
Property values in this South Mumbai pocket show steady growth due to ongoing redevelopment initiatives. Buyer prices range from Rs. 28,000 to Rs. 36,000 per sq ft, reflecting a 4.5% annual appreciation. The rental market remains highly active because of the constant influx of medical students and professionals. Monthly rent ranges between Rs. 14,000 and Rs. 42,000 depending on the apartment size. This demand is driven by the closeness to major commercial districts and educational institutions. Limited land availability means that existing properties maintain their premium value over time. Investors find stable returns here. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Grant Government Medical College is a prominent landmark in Mogalwadi. Some more include:
Mogalwadi is well-connected through Sardar Vallabhbhai Patel Road and the following roads:
Kalbadevi Metro Station on the Aqua Line 3 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Sandhurst Road Railway Station, which is located 1 km away, and others:
Mogalwadi is well-equipped with numerous top educational institutions, such as Grant Government Medical College and St. Mary's High School, along with:
Some reputed healthcare places near Mogalwadi include JJ Hospital Mumbai, and others:
You can access Crawford Market and Chor Bazaar easily from Mogalwadi mumbai. Some more include:
These localities are located around Mogalwadi:
Here are some of the major employment centres near Mogalwadi:
The popular landmarks within Mogalwadi are:


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