Property Rates in Tagore Nagar, Mumbai

Property prices in Tagore Nagar have shown a generally upward trend over the past year. From an average rate of ₹23,046 per sq ft in Dec 2025, prices climbed to ₹25,824 per sq ft by Mar 2026, marking a 12.05% increase. This consistent growth suggests sustained market interest and positive investor sentiment in the area.

As of Mar 2026, Tagore Nagar's average asking price stands at ₹25,824 per sq ft. This is lower than some neighboring micromarkets like Vikhroli West (₹29,284 per sq ft, up 11.29% from Dec 2025) and Vikhroli East (₹28,711 per sq ft, up 8.29% from Dec 2025). However, it is higher than LBS Marg, which saw a depreciation of 7.48% from Dec 2025 to ₹25,397 per sq ft.

As of Mar 2026, the average price for apartments in Tagore Nagar is ₹25,824 per sq ft. This segment has seen a notable appreciation of 12.05% since Dec 2025, reflecting strong demand for apartment living in the locality.

In Tagore Nagar, as of Mar 2026, Ready To Move properties are priced at an average of ₹23,019 per sq ft, showing a slight depreciation of 0.6% from Dec 2025. Under Construction properties are slightly higher at ₹23,049 per sq ft, with a more significant depreciation of 2.83% from Dec 2025. Well Occupied properties are priced at ₹21,284 per sq ft, a depreciation of 1.8% from Dec 2025.

As of Mar 2026, among the listed projects in Tagore Nagar, Adityaraj Suswagatam CHS has a current rate of ₹24,229 per sq ft, though it depreciated by 4.04% from Dec 2025. Shraddha Panache is priced at ₹24,123 per sq ft, appreciating by 3.71% from Dec 2025, and Shraddha Polaris is at ₹23,950 per sq ft, appreciating by 12.57% from Dec 2025.

The provided data indicates a Government Registration Rate of ₹0 per sq ft for Tagore Nagar. This contrasts with the average asking price of ₹25,824 per sq ft as of Mar 2026, suggesting that the registered values might not reflect the current market's asking prices.

As of Mar 2026, the average rental rate in Tagore Nagar is ₹87 per sq ft per month. The locality offers a rental yield of 4.04%, which suggests a moderate return on investment for property owners looking to generate rental income relative to the capital value of their property.

In Tagore Nagar, rental rates vary by configuration, with 1 BHK apartments averaging ₹33,750 per month as of Mar 2026. For 2 BHK apartments, the average rental rate is higher at ₹44,249 per month. These figures indicate a demand for larger units, commanding proportionally higher rents.

Rental rates in micromarkets near Tagore Nagar show significant variation. Vikhroli East commands the highest average rental rate at ₹126 per sq ft, appreciating by a substantial 50% from Dec 2025. In contrast, LBS Marg has an average rental rate of ₹67 per sq ft, showing a modest appreciation of 3.08% from Dec 2025, while Vikhroli West averages ₹100 per sq ft with a slight depreciation of 0.99%.

As of Mar 2026, Swastik Coral leads in Tagore Nagar with a current rental rate of ₹96 per sq ft, appreciating by 15.66% from Dec 2025. Shraddha Panache follows at ₹93 per sq ft with stable rates, and Shraddha Prestige is at ₹87 per sq ft, also with stable rental rates. These projects offer premium rental returns within the locality.

As of Mar 2026, apartments in Tagore Nagar have an average rental rate of ₹87 per sq ft. This segment has seen a 7.41% appreciation from Dec 2025, aligning with the overall average rental rate for the locality and indicating consistent demand for apartment rentals.

The data shows an average asking price of ₹25,824 per sq ft in Tagore Nagar as of Mar 2026, while the Government Registration Rate is listed as ₹0 per sq ft. This significant disparity suggests that buyers may be paying substantially more than the officially registered value, which could be due to market dynamics, premium project features, or differing valuation methods.

Within the broader Tagore Nagar area, micromarket rates have shown varied trends. For instance, the micromarket rate was ₹32,994 in Mar 2026, up from ₹20,006 in Dec 2025. This indicates significant price appreciation in specific micro-segments within Tagore Nagar, suggesting localized growth drivers.

Among micromarkets near Tagore Nagar, Kurla West has experienced substantial price appreciation, with its average rate increasing by 28.28% from Dec 2025 to ₹29,117 per sq ft as of Mar 2026. Conversely, LBS Marg has seen a depreciation of 7.48% from Dec 2025, with its average rate standing at ₹25,397 per sq ft as of Mar 2026.