Property rates in Tagore Nagar average ₹23,150 per sq ft. This established residential pocket maintains a stable market position with diverse options for homebuyers. Current inventory is dominated by ready-to-move apartments, while rental activity remains active, reflecting a solid rental yield of 4.92%. Investors and end-users are increasingly drawn to the area's consistent performance, supported by a healthy mix of projects and steady demand for well-located residential units in Mumbai.
Insights for Tagore Nagar, Mumbai Real Estate Market Overview
Tagore Nagar functions as a key residential hub in Mumbai, characterized by a steady average asking price of ₹23,150 per sq ft. The market has observed consistent activity across both ready-to-move and under-construction segments, catering to varying buyer timelines and investment goals. Rental demand is equally robust, with a rental yield of 4.92% attracting interest from those looking for stable income-generating assets. Recent registration activity shows a total transaction count of 13, highlighting the ongoing movement of property titles in this area.
Average apartment rates in Tagore Nagar currently stand at ₹23,550 per sq ft.
Ready-to-move projects command an average price of ₹23,550 per sq ft, while under-construction units are priced at ₹24,550 per sq ft.
Rental rates for 1 BHK units average ₹33,100 per month, while 2 BHK units reach an average of ₹49,950 per month.
Swastik Coral leads the rental market with a current rate of ₹96 per sq ft, reflecting a 15.66% increase.
The overall rental market for residential apartments averages ₹100 per sq ft, demonstrating a -3.16% change.
Market Strengths
A healthy rental yield of 4.92% supports the area's status as a viable investment destination.
Ready-to-move projects maintain a steady price growth of 1.46%, ensuring value retention for owners.
Top projects like Swastik Coral have demonstrated strong rental performance with a 15.66% increase in rental rates.
The area's average rental rate of ₹95 per sq ft remains competitive compared to neighboring premium hubs.
Consistent registration activity with 13 recorded transactions confirms a liquid and active market.
Market Challenges
Rental rates for apartments have seen a -3.16% change, indicating a slight softening in rental demand for this specific property type.
Some high-end projects, such as Shraddha Prestige, have experienced a -19.15% change in listing rates, reflecting price volatility in the premium segment.
The rental rate for Adityaraj Royale has experienced a -1.22% change, highlighting the need for careful project selection.
Property rates in Vikhroli West have seen a -8.1% change, which may impact the broader pricing confidence in the nearby vicinity.
Investment Opportunities
A competitive rental yield of 4.92% makes the area attractive for investors seeking consistent monthly returns.
The 1 BHK segment offers a stable entry-level investment with average monthly rents of ₹33,100.
Under-construction projects show a 4.33% price growth, suggesting potential for capital appreciation during the development phase.
Ready-to-move inventory provides immediate rental income potential for investors looking to avoid construction delays.
Top Localities in Tagore Nagar, Mumbai
LBS Marg
Avg Price₹ 32,900 /Sq.Ft.
Avg Rent₹ 76 /Sq.Ft.
YIELD
+ 2.77
Price Trend
Tagore Nagar, Mumbai Property Price Trends and Appreciation
The Tagore Nagar market has shown varied price movements over the last few quarters. After reaching a peak of ₹25,800 per sq ft in March 2026, rates adjusted to ₹23,150 per sq ft by June 2026. This reflects the dynamic nature of local demand and supply adjustments within the Vikhroli East region.
Tagore Nagar is positioned within the competitive Mumbai central suburbs, where property rates vary significantly by locality. Nearby Vikhroli East averages ₹30,250 per sq ft, reflecting a 5.43% increase, while Kannamwar Nagar offers a more accessible entry point at ₹22,850 per sq ft. Meanwhile, premium locations like Powai reach up to ₹46,300 per sq ft, highlighting the diverse pricing landscape across the immediate vicinity.
Tagore Nagar's residential market is primarily driven by apartment-style living, which currently averages ₹23,550 per sq ft. This segment has shown a positive trend of 1.78%, reinforcing the consistent appeal of apartment homes for both residents and investors in the locality.
The local market provides options for various buyer needs, with 13 ready-to-move projects averaging ₹23,550 per sq ft. Additionally, 2 under-construction projects are available at an average price of ₹24,550 per sq ft, marking a 4.33% growth. This mix allows buyers to choose between immediate possession or future-ready assets.
Project & Developer Insights
Top Residential Projects and Developers in Tagore Nagar
Top Projectsin Tagore Nagar
Mahindra Rainforest is the top project in Tagore Nagar with prices from ₹ 1.76 Cr to 3.43 Cr.
Mahindra Rainforest
₹ 1.76 Cr - ₹ 3.43 Cr
Mumbai Central Suburbs, Mumbai
Runwal Meadows
₹ 1.85 Cr - ₹ 4.79 Cr
Mumbai Central Suburbs, Mumbai
Prestige Forest Hills
₹ 3.29 Cr - ₹ 14.53 Cr
Mumbai Central Suburbs, Mumbai
Lodha Elaris
₹ 9 Cr - ₹ 9 Cr
Mumbai Central Suburbs, Mumbai
Lodha Corinthia
₹ 2.35 Cr - ₹ 3.2 Cr
Mumbai Central Suburbs, Mumbai
K Raheja Antares
₹ 70 L - ₹ 5.39 Cr
Mumbai Central Suburbs, Mumbai
Kalpataru Virtus
₹ 1.85 Cr - ₹ 4.35 Cr
Mumbai Central Suburbs, Mumbai
Godrej Nurture Mumbai
₹ 1.46 Cr - ₹ 2.66 Cr
Mumbai Central Suburbs, Mumbai
Adani Airica
₹ 1.7 Cr - ₹ 3.86 Cr
Mumbai Central Suburbs, Mumbai
Godrej Vistas
₹ 3.83 Cr - ₹ 5.38 Cr
Mumbai Central Suburbs, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Shraddha Landmark leads in Mumbai with 54 projects and 12 years of experience.
Premium residential developments in Tagore Nagar are setting high-value benchmarks. Varad Tagore Nagar Anjali CHS Ltd leads with an asking price of ₹26,050 per sq ft after a 22.73% increase. Shraddha Panache follows at ₹24,950 per sq ft, while Adityaraj Suswagatam CHS is priced at ₹24,800 per sq ft, showcasing the area's strong appeal for quality residential projects.
Top projects are driving rental growth, led by Swastik Coral at ₹96 per sq ft, which represents a 15.66% increase. Shraddha Panache and Shraddha Prestige follow with current rental rates of ₹93 and ₹87 per sq ft respectively.
Government Registrations
Government Registration in Tagore Nagar, Mumbai
Recent official data from Nov 2025 to Oct 2026 records 13 transactions in Tagore Nagar. These registrations reflect a total gross value of ₹10 Cr, with an average registered rate of ₹20,350 per sq ft, indicating a steady stream of buyer activity throughout the year.
Sales Transactions13
Gross Sales Value₹ 10 Cr
Registered Rate₹ 20,350/Sq.Ft
Recent Registered Transactions
Recent Registered Transactions in Tagore Nagar
The market recorded 13 successful property registrations between Nov 2025 and Oct 2026. This activity represents a total gross value of ₹10 Cr, confirming healthy buyer engagement in the region.
Date
Floor/Unit
Tower/Wing
Area
Value
Rate/Sq.Ft.
2026-08-06
Floor 13, Unit 1302
34, A
531 Sq.Ft.
2026-07-21
Floor 7, Unit 704
A
508 Sq.Ft.
2026-07-17
Floor 5, Unit 501
12
477 Sq.Ft.
2026-07-06
Floor 21, Unit 2101
19
339 Sq.Ft.
2026-07-01
Floor 20, Unit 2008
20, 21
595 Sq.Ft.
2026-03-27
Floor 25, Unit 2503
38
377 Sq.Ft.
2026-02-28
Unit 4200
N/A
235 Sq.Ft.
2026-02-20
Floor 21, Unit 2103
24
430 Sq.Ft.
2025-12-23
Floor 20, Unit 2001
29, B
718 Sq.Ft.
2025-12-17
Floor 1, Unit 5253
414, C
150 Sq.Ft.
Rental Trends
Rental Trends and Average Rent in Tagore Nagar, Mumbai
Residential rental trends in Tagore Nagar show a clear preference for space, with 1 BHK apartments averaging ₹33,100 per month. Larger 2 BHK units command a higher average of ₹49,950 per month, reflecting the demand for family-sized housing in the area. Rental rates across the vicinity show notable variation, with Vikhroli East leading at ₹150 per sq ft. Other areas like LBS Marg and Kanjurmarg East maintain a consistent average of ₹100 per sq ft, with LBS Marg showing a significant 11.84% growth. The rental market for apartments in Tagore Nagar averages ₹100 per sq ft. This segment has experienced a -3.16% change over the past year, indicating a period of price adjustment. Top projects are driving rental growth, led by Swastik Coral at ₹96 per sq ft, which represents a 15.66% increase. Shraddha Panache and Shraddha Prestige follow with current rental rates of ₹93 and ₹87 per sq ft respectively.
Residential rental trends in Tagore Nagar show a clear preference for space, with 1 BHK apartments averaging ₹33,100 per month. Larger 2 BHK units command a higher average of ₹49,950 per month, reflecting the demand for family-sized housing in the area.
Rental rates across the vicinity show notable variation, with Vikhroli East leading at ₹150 per sq ft. Other areas like LBS Marg and Kanjurmarg East maintain a consistent average of ₹100 per sq ft, with LBS Marg showing a significant 11.84% growth.
The rental market for apartments in Tagore Nagar averages ₹100 per sq ft. This segment has experienced a -3.16% change over the past year, indicating a period of price adjustment.
Frequently Asked Questions About Property Rates in Tagore Nagar, Mumbai
What is the current average asking price in Tagore Nagar, Mumbai?
As of September 2026, the average asking price in Tagore Nagar is ₹23,150 per sq ft. This figure reflects a depreciation of 10.38% compared to the previous period, indicating a market correction in the locality.
How have property prices in Tagore Nagar trended over the last year?
Property prices in Tagore Nagar have shown a fluctuating trajectory from December 2025 to September 2026. The location rate moved from ₹23,050 per sq ft in December 2025 to a peak of ₹25,800 per sq ft in March 2026, before adjusting to ₹23,150 per sq ft by September 2026.
How does the average asking price in Tagore Nagar compare to the Government Registration Rate?
The average asking price in Tagore Nagar stands at ₹23,150 per sq ft as of September 2026, while the Government Registration Rate is recorded at ₹20,350 per sq ft. This difference between the market-driven asking price and the government-notified rate is an important factor for buyers to consider when calculating total acquisition costs and stamp duty obligations.
What is the price difference between Ready To Move and Under Construction properties in Tagore Nagar?
As of September 2026, Ready To Move properties in Tagore Nagar are priced at an average of ₹23,550 per sq ft, having appreciated by 1.46% over the observed period. In contrast, Under Construction properties command a higher average price of ₹24,550 per sq ft, which has seen a more significant appreciation of 4.33%, reflecting strong demand for newer inventory.
What is the average rental rate and rental yield for properties in Tagore Nagar?
As of September 2026, the average rental rate in Tagore Nagar is ₹95 per sq ft, which has appreciated by 9.2% compared to the prior period. The locality currently offers a rental yield of 4.92%, providing a clear metric for investors to evaluate the potential income-generating capacity of their property relative to the current sale prices.
What are the typical monthly rental rates for 1 BHK and 2 BHK apartments in Tagore Nagar?
As of September 2026, tenants in Tagore Nagar can expect an average monthly rent of ₹33,100 for a 1 BHK apartment. For those seeking larger living spaces, a 2 BHK apartment in the locality commands an average monthly rent of ₹49,950.
Which projects in Tagore Nagar command the highest rental rates?
Among the top rental projects in Tagore Nagar as of September 2026, Swastik Coral leads with a rental rate of ₹96 per sq ft, marking a notable appreciation of 15.66%. Other prominent projects include Shraddha Panache at ₹93 per sq ft and Shraddha Prestige at ₹87 per sq ft, both of which have maintained stable rental rates over the recent period.
How do rental rates for apartments compare across different micromarkets near Tagore Nagar?
Rental rates vary significantly across the surrounding areas of Tagore Nagar. As of September 2026, Vikhroli East commands a premium at ₹150 per sq ft with stable rates, while areas like Lbs Marg and Kanjurmarg East offer more accessible rental options at ₹100 per sq ft. Notably, Lbs Marg has seen a significant rental appreciation of 11.84%, highlighting its growing appeal to tenants.
Which residential projects in Tagore Nagar have the highest listing rates?
As of September 2026, Varad Tagore Nagar Anjali CHS Ltd holds the highest listing rate in the locality at ₹26,050 per sq ft, having experienced a substantial appreciation of 22.73%. Other high-value projects include Shraddha Panache at ₹24,950 per sq ft (up 4.45%) and Adityaraj Suswagatam CHS at ₹24,800 per sq ft (up 3.62%).
How should a buyer interpret the property rate data provided for Tagore Nagar?
Buyers should use the provided data to benchmark their investment against current market trends rather than relying on static figures. By comparing the average asking price of ₹23,150 per sq ft as of September 2026 against the Government Registration Rate of ₹20,350 per sq ft and observing the 10.38% depreciation trend, investors can better negotiate prices and assess whether the current market entry point aligns with their long-term financial goals.
