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 by June 2026. While there was a peak in March 2026 at ₹25,800 per sq ft, the overall trend reflects a market that is actively adjusting to supply and demand shifts in the Mumbai central suburbs.

The average asking price in Tagore Nagar is ₹25,800 per sq ft as of June 2026, while the Government Registration Rate is recorded at ₹19,500 per sq ft for the period between September 2025 and August 2026. This gap between the market-driven asking price and the government-benchmarked registration rate is a key factor for buyers to consider when calculating total acquisition costs and stamp duty obligations.

As of June 2026, Ready To Move properties in Tagore Nagar are priced at an average of ₹23,200 per sq ft, having appreciated by 0.79% over the observed period. In contrast, Under Construction properties command a slightly higher average of ₹23,550 per sq ft, showing a stronger appreciation of 2.18%, which often reflects the premium buyers are willing to pay for modern amenities and newer construction standards.

The average rental yield in Tagore Nagar is 4.05% as of June 2026, which provides a clear indicator of the potential recurring income an investor can expect relative to the capital investment. With an average rental rate of ₹87 per sq ft—which has appreciated by 7.41%—this yield suggests a balanced environment for landlords seeking both rental income and long-term capital appreciation.

As of June 2026, 1 BHK apartments in Tagore Nagar command an average monthly rent of ₹33,900, while 2 BHK apartments are available at an average of ₹49,000 per month. These rates reflect the current demand for residential space in the area, catering to different tenant profiles ranging from young professionals to 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 projects include Shraddha Panache at ₹93 per sq ft and Shraddha Prestige at ₹87 per sq ft, both of which have maintained stable rental pricing recently. These projects are often preferred by tenants due to their specific location advantages and building quality within the locality.

Rental rates in Tagore Nagar average ₹87 per sq ft as of June 2026, which is competitive when compared to surrounding areas like Vikhroli East, where rates reach ₹150 per sq ft, or Sainath Nagar, which commands ₹200 per sq ft. Meanwhile, areas like Kanjurmarg East and Kannamwar Nagar maintain a baseline of approximately ₹100 per sq ft, helping tenants and investors benchmark the relative affordability of Tagore Nagar.

Buyers should look at the listing rates of top projects like Shraddha Prestige, which is priced at ₹30,600 per sq ft as of June 2026, to gauge the premium end of the market. The 28.28% appreciation for this project indicates high demand for specific high-value developments, whereas projects like Adityaraj Suswagatam CHS at ₹23,950 per sq ft offer a different price point, allowing buyers to align their budget with their preferred project status and developer reputation.

The average rental rate for apartments in Tagore Nagar is ₹100 per sq ft as of June 2026, marking a notable appreciation of 10.34% compared to the prior period. This upward trend in rental values for apartments suggests that the locality is becoming increasingly attractive to renters, likely driven by improved connectivity or local infrastructure developments.