Property Rates in Tagore Nagar, Mumbai 2026

Property prices in Tagore Nagar have shown a fluctuating trajectory over the past year. As of June 2026, the location rate stands at ₹23,150 per sq ft, down from ₹25,800 per sq ft in March 2026. Prior to that, the rate was ₹23,050 per sq ft in December 2025 and ₹22,350 per sq ft in September 2025. This mixed trend suggests that the market is currently adjusting to supply and demand dynamics, making it a period where potential buyers should monitor quarterly movements closely.

Property rates in Tagore Nagar, currently at ₹23,150 per sq ft, are generally more accessible compared to premium hubs like Powai, which commands ₹46,300 per sq ft with an appreciation of 8.6%. Other nearby areas show varied pricing, such as Vikhroli East at ₹30,250 per sq ft (up 5.43%) and Bhandup East at ₹29,200 per sq ft (up 0.01%). Conversely, areas like Vikhroli West and Kurla West have seen depreciation, with rates at ₹26,900 per sq ft (down 8.1%) and ₹27,550 per sq ft (down 5.39%) respectively, as of June 2026.

As of June 2026, Under Construction properties in Tagore Nagar are priced at an average of ₹24,550 per sq ft, reflecting an appreciation of 4.33%. In comparison, Ready To Move properties are available at an average of ₹23,550 per sq ft, which has seen a more modest appreciation of 1.46%. The higher price point for under-construction units often reflects the premium for newer amenities and modern construction standards, while ready-to-move units offer the benefit of immediate possession.

The average rental rate in Tagore Nagar is ₹95 per sq ft, which has appreciated by 9.2% as of June 2026. This rental market supports a healthy rental yield of 4.92%, offering a clear income potential for property investors. When evaluating investment opportunities, comparing this yield against the current sale price of ₹23,150 per sq ft helps investors determine the long-term viability of their capital outlay in the locality.

Rental rates in Tagore Nagar vary significantly by unit size, catering to different tenant profiles. As of June 2026, a 1 BHK apartment commands an average rent of ₹30,700 per month, while a 2 BHK apartment averages ₹48,950 per month. These rates provide a benchmark for landlords and tenants, with the variation between unit types reflecting the demand for different living spaces within the residential apartment segment of the locality.

As of June 2026, top projects by rent in Tagore Nagar include Swastik Coral, which leads with a current rental rate of ₹96 per sq ft, showing a significant appreciation of 15.66%. Other notable projects include Shraddha Panache at ₹93 per sq ft, Shraddha Prestige at ₹87 per sq ft, and Puneet Shivalaya at ₹84 per sq ft. These projects are positioned at the top due to their specific project amenities and location advantages within the Tagore Nagar micromarket.

Buyers should view the current average asking price of ₹23,150 per sq ft (as of June 2026) in the context of the broader market correction, evidenced by the 10.38% depreciation. It is advisable to compare this against the Government Registration Rate of ₹20,350 per sq ft to understand the gap between market asking prices and actual transaction values. By analyzing both the price trends and the status of projects—whether Ready To Move or Under Construction—buyers can make more informed decisions regarding their entry point into the Tagore Nagar real estate market.