Property Rates in Tagore Nagar, Mumbai 2026

Property prices in Tagore Nagar have shown a dynamic trajectory, with the location rate moving from ₹22,350 per sq ft in September 2025 to ₹23,150 per sq ft as of June 2026. While there was a peak of ₹25,800 per sq ft in March 2026, the current rate of ₹23,150 per sq ft suggests a period of market adjustment. Investors and homebuyers should monitor these quarterly shifts to time their entry into the market effectively.

The average asking price in Tagore Nagar is currently ₹25,800 per sq ft, while the Government Registration Rate stands at ₹19,500 per sq ft for the period of September 2025 to August 2026. This gap between the market-driven asking price and the government-benchmarked registration value is a common feature in high-demand urban localities, reflecting the premium buyers are willing to pay over base registration values.

As of June 2026, Ready To Move properties in Tagore Nagar are priced at an average of ₹23,200 per sq ft, which has appreciated by 0.79% over the observed period. In comparison, Under Construction projects are priced slightly higher at ₹23,550 per sq ft, showing a stronger appreciation of 2.18%. This trend suggests that buyers are currently placing a premium on newer, under-construction developments in the area.

As of June 2026, the average rental rate in Tagore Nagar is ₹87 per sq ft, which has appreciated by 7.41% compared to the previous period. The locality currently offers a rental yield of 4.05%, providing a steady income stream for property owners. This yield is a key metric for investors to evaluate the potential return on investment relative to the capital outlay required for purchasing an apartment in this area.

Rental rates in Tagore Nagar vary by unit size, with 1 BHK apartments commanding an average rent of ₹33,900 per month, while 2 BHK apartments are available at an average of ₹49,000 per month as of June 2026. These figures help tenants and landlords understand the market positioning of different unit types, with 2 BHK units catering to larger households and 1 BHK units remaining popular among working professionals and small families.

As of June 2026, Swastik Coral leads the rental market in Tagore Nagar with a rate of ₹96 per sq ft, having appreciated by 15.66%. Other premium rental projects include Shraddha Panache at ₹93 per sq ft and Shraddha Prestige at ₹87 per sq ft. These projects command higher rents due to their specific amenities and location advantages within the locality, making them attractive options for high-end tenants.

Rental rates in the vicinity of Tagore Nagar show significant variation, with Vikhroli East commanding a premium at ₹150 per sq ft, which has appreciated by 7.94% as of June 2026. In contrast, areas like Kanjurmarg East and Kannamwar Nagar offer more competitive rates at ₹100 per sq ft, with Kanjurmarg East showing an appreciation of 11.24% and Kannamwar Nagar seeing a 7.61% increase. These differences allow renters to choose between premium hubs and more budget-friendly neighbourhoods based on their specific needs.

As of June 2026, Shraddha Prestige is the most premium project in Tagore Nagar with a listing rate of ₹30,600 per sq ft, marking a notable appreciation of 28.28%. Other prominent projects include Shraddha Polaris at ₹24,050 per sq ft and Adityaraj Suswagatam CHS at ₹23,950 per sq ft. These projects represent the higher end of the local market, often attracting buyers looking for established or high-value residential options.

Buyers should use the property rates data for Tagore Nagar to benchmark their purchase decisions against current market realities and historical trends. By comparing the average asking price of ₹25,800 per sq ft with the specific rates of projects like Shraddha Prestige or Swastik Coral, buyers can identify whether a property is priced fairly relative to the local market. Additionally, tracking the quarterly price trends and the difference between Ready To Move and Under Construction statuses helps in assessing the right time to invest.