Property Rates in Tardeo, Mumbai 2026

The average asking price in Tardeo is ₹89,400 per sq ft, which sits considerably higher than the Government Registration Rate of ₹39,200 per sq ft as of Sep 2026. This gap between the market-driven asking price and the government-notified rate is common in premium South Mumbai localities, reflecting the high value placed on amenities, location, and brand reputation by buyers.

The property market in Tardeo has shown a dynamic trajectory, with the average asking price reaching ₹89,400 per sq ft as of Sep 2026. Data from the preceding quarters shows fluctuations, with the location rate moving from ₹75,000 per sq ft in Dec 2025 to ₹73,950 per sq ft in Mar 2026, before rising to ₹89,400 per sq ft by Jun 2026. This upward momentum in the most recent periods suggests resilient buyer interest in this high-value micromarket.

As of Sep 2026, Ready To Move property in Tardeo is priced at an average of ₹53,950 per sq ft, which has depreciated by 5.76% compared to the previous period. In contrast, Under Construction property is currently priced at ₹66,600 per sq ft, showing an appreciation of 5.55% over the same timeframe. This pricing difference often reflects the premium buyers are willing to pay for newer, modern developments currently under construction versus older, established ready-to-move housing stock.

The average rental yield in Tardeo stands at 3.22% as of Sep 2026. For investors, this yield represents the annual rental income relative to the capital investment, serving as a key metric to evaluate the income-generating potential of a property in this prime locality alongside potential capital appreciation.

As of Sep 2026, rental rates in Tardeo vary significantly by unit size: 1 BHK apartments average ₹76,250 per month, 2 BHK units average ₹1.57 Lakh per month, 3 BHK units command ₹4.08 Lakh per month, and 4 BHK apartments reach an average of ₹6.42 Lakh per month. This tiered structure allows tenants and investors to align their budgets or income expectations with the specific space requirements common in the Tardeo residential market.

As of Sep 2026, top projects by rental rates in Tardeo include Mayflower at ₹270 per sq ft, Prithvi Apartment Tardeo at ₹258 per sq ft, and Spenta Stardeous at ₹250 per sq ft. These properties command premium rents due to their specific location advantages and project-level amenities, with rates for projects like Lodha Marq showing an appreciation of 1.71% compared to the previous period, while others have remained stable.

Rental rates in Tardeo average ₹240 per sq ft as of Sep 2026, which is competitive when compared to surrounding areas. For instance, Gamdevi has seen a sharp rental appreciation of 37.5% to reach ₹250 per sq ft, while Babulnath also commands ₹250 per sq ft following a 63.4% appreciation. Conversely, areas like Girgaum Chowpatty are priced lower at ₹150 per sq ft, reflecting the diverse rental landscape within the broader South Mumbai region.

As of Sep 2026, the projects with the highest listing rates in Tardeo include Hubtown 25 Downtown at ₹1.01 Lakh per sq ft, which has appreciated by 14.98% compared to the previous period. Other premium projects include Shapoorji Pallonji The Imperial and Shapoorji Pallonji Great Eastern Royale, both listed at ₹90,000 per sq ft. These high rates reflect the premium status and luxury offerings characteristic of these developments in the Tardeo market.

Buyers should use the provided data as a benchmark to understand the current market valuation in Tardeo as of Sep 2026. By comparing the average asking price of ₹89,400 per sq ft against specific project rates and status-wise pricing, such as the ₹66,600 per sq ft for under-construction units, users can identify whether a property is priced fairly relative to the broader market. Always consider the appreciation or depreciation trends, such as the 20.86% increase in apartment prices, to gauge the long-term value trajectory of your investment.