Property rates in Tagore Nagar average ₹25,800 per sq ft. The market has seen significant upward movement, supported by a healthy 4.05% rental yield that attracts consistent interest. With a wide range of ready-to-move and under-construction residential options, the area remains a balanced choice for both end-users and investors. The sustained demand for apartments highlights the locality's appeal within the Mumbai central suburbs, reflecting stable growth in capital values.
Insights for Tagore Nagar, Mumbai Real Estate Market Overview
The real estate market in Tagore Nagar exhibits strong momentum, characterized by steady price appreciation and active transaction levels. Investors and homebuyers are increasingly drawn to the area's mix of established residential projects and proximity to key transit hubs. Rental demand remains robust, with a 4.05% yield providing a solid return for property owners. Recent government registration data confirms significant market activity, reflecting high buyer confidence in the locality.
Average property rates for apartments have reached ₹25,800 per sq ft, marking a notable 12.05% annual increase.
Ready-to-move projects currently command an average of ₹23,600 per sq ft, showing a 2.59% growth.
Rental rates average ₹87 per sq ft, with a 7.41% year-over-year increase across the segment.
The market recorded 121 transactions totaling ₹106 Cr, indicating strong liquidity in the area.
Shraddha Prestige leads the premium project segment with rates hitting ₹30,600 per sq ft.
Market Strengths
A solid 12.05% year-over-year price growth for apartments indicates high demand and market health.
The rental market is active with an average rate of ₹87 per sq ft and a 7.41% annual increase.
A diverse supply of 11 ready-to-move projects provides immediate options for homebuyers.
The locality maintains a competitive average asking price of ₹25,800 per sq ft compared to neighboring premium hubs.
Consistent registration activity of 121 transactions confirms strong liquidity and buyer confidence.
Market Challenges
The premium segment, led by projects like Shraddha Prestige, requires a higher capital outlay at ₹30,600 per sq ft.
Rental rates for 2 BHK units at ₹44,250 per month may limit the pool of prospective tenants compared to 1 BHK options.
Some high-end projects exhibit lower year-over-year price fluctuations, which may impact short-term flip strategies.
Investment Opportunities
The 4.05% rental yield offers a reliable income stream for investors in the residential apartment segment.
Ready-to-move units priced at ₹23,600 per sq ft provide a stable entry point with proven 2.59% annual growth.
Apartments have shown strong capital appreciation of 12.05%, making them a high-growth asset class.
Under-construction projects at ₹23,600 per sq ft allow investors to benefit from future value appreciation as projects near completion.
Top Localities in Tagore Nagar, Mumbai
LBS Marg
Avg Price₹ 25,400 /Sq.Ft.
Avg Rent₹ 67 /Sq.Ft.
YIELD
+ 3.17
Price Trend
Tagore Nagar, Mumbai Property Price Trends and Appreciation
The market in Tagore Nagar has shown a clear upward trajectory, with rates rising from ₹22,350 per sq ft in September 2025 to ₹23,050 per sq ft by December 2025. This momentum continued into March 2026, reaching an average of ₹25,800 per sq ft. These figures reflect sustained buyer interest and a tightening supply of residential units in the locality.
Tagore Nagar is positioned within a competitive cluster of Mumbai localities. Nearby Vikhroli East and Kanjurmarg East both average ₹28,700 and ₹28,750 per sq ft respectively, placing Tagore Nagar at a more accessible entry point. While Powai commands a premium at ₹42,650 per sq ft, Bhandup West remains a more budget-friendly alternative at ₹22,350 per sq ft. This range of pricing allows for diverse investment strategies depending on proximity to major infrastructure.
Tagore Nagar's residential market is defined by its apartment segment, which averages ₹25,800 per sq ft. This category has experienced a robust 12.05% increase, underscoring its status as the primary driver of local real estate activity. Buyers can find various options within this segment that cater to both long-term appreciation and immediate housing needs.
The market offers properties across various development stages, catering to different buyer timelines. Ready-to-move inventory consists of 11 units averaging ₹23,600 per sq ft, reflecting a 2.59% increase that appeals to those seeking immediate possession. Additionally, two under-construction projects are priced at ₹23,600 per sq ft, showing a 2.43% growth, providing opportunities for buyers who prefer newer builds.
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 Bliss
₹ 1.19 Cr - ₹ 5.26 Cr
Mumbai Central Suburbs, Mumbai
GHP Mars Suncity
₹ 1.21 Cr - ₹ 1.78 Cr
Mumbai Central Suburbs, Mumbai
LnT Elixir Reserve
₹ 3.58 Cr - ₹ 10.63 Cr
Mumbai Central Suburbs, Mumbai
Runwal Avenue
₹ 1.16 Cr - ₹ 4 Cr
Mumbai Central Suburbs, Mumbai
Runwal Meadows
₹ 4.79 Cr - ₹ 4.79 Cr
Mumbai Central Suburbs, Mumbai
Lodha Corinthia
₹ 2.35 Cr - ₹ 3.14 Cr
Mumbai Central Suburbs, Mumbai
Lodha Bellagio
₹ 3.58 Cr - ₹ 10.05 Cr
Mumbai Central Suburbs, Mumbai
Lodha Vikhroli
₹ 1.93 Cr - ₹ 2.89 Cr
Mumbai Central Suburbs, Mumbai
Lodha Riservo
₹ 3.65 Cr - ₹ 5.08 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. Shraddha Prestige leads the market, priced at ₹30,600 per sq ft with a significant 28.28% increase. Other notable projects like Adityaraj Suswagatam CHS and Shraddha Panache hover around the ₹24,000 per sq ft mark, offering stable entry points for investors seeking established addresses.
Swastik Coral leads the rental project segment with a rate of ₹96 per sq ft, representing a 15.66% increase. Other projects like Shraddha Panache and Shraddha Prestige maintain consistent rental performance at ₹93 and ₹87 per sq ft respectively.
Government Registrations
Government Registration in Tagore Nagar, Mumbai
Official registration data for the period between August 2025 and July 2026 highlights a dynamic market. A total of 121 transactions were recorded, amounting to a gross value of ₹106 Cr. With an average registered rate of ₹19,500 per sq ft, the data reflects a consistent volume of property transfers, confirming the area's status as a high-demand residential hub.
Sales Transactions121
Gross Sales Value₹ 106 Cr
Registered Rate₹ 19,500/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Tagore Nagar, Mumbai
Rental demand is well-distributed, with 1 BHK apartments averaging ₹33,750 per month. For those seeking larger spaces, 2 BHK apartments command an average monthly rent of ₹44,250. Rental rates vary across the vicinity, with Vikhroli East commanding a premium at ₹150 per sq ft. Other areas such as Kanjurmarg East and Datar Colony maintain a steady rental presence at ₹100 per sq ft. The apartment rental segment in Tagore Nagar is currently averaging ₹100 per sq ft. This category has seen a positive growth trend of 7.41% over the past year, reflecting rising demand for rental housing. Swastik Coral leads the rental project segment with a rate of ₹96 per sq ft, representing a 15.66% increase. Other projects like Shraddha Panache and Shraddha Prestige maintain consistent rental performance at ₹93 and ₹87 per sq ft respectively.
Rental demand is well-distributed, with 1 BHK apartments averaging ₹33,750 per month. For those seeking larger spaces, 2 BHK apartments command an average monthly rent of ₹44,250.
Rental rates vary across the vicinity, with Vikhroli East commanding a premium at ₹150 per sq ft. Other areas such as Kanjurmarg East and Datar Colony maintain a steady rental presence at ₹100 per sq ft.
The apartment rental segment in Tagore Nagar is currently averaging ₹100 per sq ft. This category has seen a positive growth trend of 7.41% over the past year, reflecting rising demand for rental housing.
Frequently Asked Questions About Property Rates in Tagore Nagar, Mumbai
What is the current average asking price in Tagore Nagar as of June 2026?
As of June 2026, the average asking price in Tagore Nagar stands at ₹25,800 per sq ft. This figure reflects a significant market appreciation of 12.05% compared to the previous period, signaling robust demand and growing investor confidence in this residential locality.
How have property prices in Tagore Nagar trended over the recent quarters?
Property prices in Tagore Nagar have shown a clear upward trajectory throughout the recent quarters. The location rate rose from ₹22,350 per sq ft in September 2025 to ₹23,050 per sq ft in December 2025, and further climbed to ₹25,800 per sq ft by March 2026, indicating sustained growth in the local real estate market.
What is the price difference between Ready To Move and Under Construction properties in Tagore Nagar?
As of June 2026, both Ready To Move and Under Construction properties in Tagore Nagar are priced at an average of ₹23,600 per sq ft. Ready To Move units have seen an appreciation of 2.59%, while Under Construction projects have appreciated by 2.43% over the same period, suggesting a balanced market where both established and new developments are experiencing similar growth.
Which projects in Tagore Nagar currently command the highest listing rates?
Shraddha Prestige leads the market in Tagore Nagar with a current listing rate of ₹30,600 per sq ft, having experienced a notable appreciation of 28.28% as of June 2026. Other prominent projects include Adityaraj Suswagatam CHS at ₹24,250 per sq ft (up 0.16%) and Shraddha Panache at ₹24,150 per sq ft (up 0.13%), reflecting a premium tier of developments that continue to attract buyer interest.
What is the average rental rate and rental yield for properties in Tagore Nagar?
As of June 2026, the average rental rate in Tagore Nagar is ₹87 per sq ft, which has seen an appreciation of 7.41% compared to the previous period. The locality currently offers a rental yield of 4.05%, providing a steady income stream for investors who are looking to balance capital appreciation with consistent rental returns.
What are the typical monthly rental rates for 1 BHK and 2 BHK apartments in Tagore Nagar?
Tenants looking for rental options in Tagore Nagar can expect an average monthly rent of ₹33,750 for a 1 BHK apartment and ₹44,250 for a 2 BHK apartment as of June 2026. These rates cater to different tenant profiles, with the 2 BHK segment providing more space for families while the 1 BHK units remain a popular choice for working professionals and small households.
Which projects in Tagore Nagar offer the highest rental rates per sq ft?
Swastik Coral currently commands the highest rental rate in Tagore Nagar at ₹96 per sq ft, marking a significant appreciation of 15.66% as of June 2026. Other top-tier rental 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 during the recent period.
How do rental rates in Tagore Nagar compare to nearby localities?
Rental rates in Tagore Nagar, currently at ₹100 per sq ft for apartments, sit in a competitive position relative to surrounding areas. For instance, Vikhroli East commands a higher rental rate of ₹150 per sq ft (up 50%), whereas Lbs Marg offers a more affordable entry point at ₹50 per sq ft (up 3.08%), allowing renters to choose based on their budget and proximity requirements.
How should investors interpret the property rate data for Tagore Nagar?
Investors should view the 12.05% appreciation in the average asking price of ₹25,800 per sq ft as of June 2026 as a sign of a maturing market with strong demand. By comparing this with the 4.05% rental yield, investors can assess whether a property aligns with their strategy of long-term capital growth or immediate rental income, especially when considering the consistent performance of projects like Shraddha Prestige.
