Property rates in Tardeo average ₹73,950 per sq ft. This valuation reflects a dynamic market environment where demand remains focused on high-end residential segments. Investors are currently observing a healthy rental yield of 3.28%, supported by a robust average rental rate of ₹202 per sq ft. With diverse project statuses and established top-tier developments, Tardeo continues to maintain its prestige as one of Mumbai's most sought-after addresses for luxury living.
Insights for Tardeo, Mumbai Real Estate Market Overview
Tardeo functions as a premium real estate destination in South Mumbai, characterized by high-value residential developments and consistent demand. The market has seen fluctuating price trends over the past year, with current asking prices reaching ₹73,950 per sq ft. Rental activity is equally vibrant, offering a solid 3.28% yield for property owners. Recent government registration data indicates a steady stream of transactions, validating the area's ongoing appeal to affluent buyers and investors. Developers continue to align their offerings with the high standards expected in this prestigious locality.
The average asking price in Tardeo stands at ₹73,950 per sq ft, with registration rates averaging ₹39,200 per sq ft.
Rental rates for apartments average ₹202 per sq ft, with 4 BHK units commanding premium monthly rents of approximately ₹5.83 Lakh.
High-value projects like Shapoorji Pallonji The Imperial continue to set market benchmarks with rates around ₹1.01 Lakh per sq ft.
The market balance is supported by 122 ready-to-move units, providing immediate housing options for prospective residents.
Rental yields remain competitive at 3.28%, driven by sustained demand across various unit configurations.
Market Strengths
Strong average rental rate of ₹202 per sq ft, reflecting high demand for residential space.
Significant capital inflow with ₹439 Cr in gross registration value over the past year.
Diverse range of property statuses catering to both immediate occupancy and long-term investors.
Prestigious neighborhood status with proximity to high-value areas like Malabar Hill and Altamount Road.
High rental demand for 4 BHK apartments, commanding average rents of ₹5.83 Lakh per month.
Consistent performance of the apartment property type with an 8.91% YoY growth.
Market Challenges
High entry costs for premium projects may limit the pool of first-time investors.
Ready-to-move inventory has experienced a slight price decline of -1.43%, suggesting a competitive pricing environment.
Rental rates for specific unit types remain high, which may impact occupancy turnover for landlords.
Agripada and Kemps Corner have shown price volatility, requiring careful due diligence for new buyers.
Investment Opportunities
Capitalize on a 3.28% rental yield which remains attractive for high-value South Mumbai properties.
Target 1 BHK units for rental income, which average ₹74,150 per month in a highly sought-after location.
Explore under-construction projects at ₹63,100 per sq ft, offering potential for future capital appreciation.
Consider the apartment segment, which has shown a strong 8.91% growth, indicating high demand.
Leverage the steady transaction volume of 122 units as a signal of market liquidity.
Price Trend
Tardeo, Mumbai Property Price Trends and Appreciation
Market trends in Tardeo have shown notable movement, with prices shifting from ₹65,550 per sq ft in September 2025 to a peak of ₹80,550 per sq ft by June 2026. This trajectory highlights the area's increasing desirability and the premium placed on space within this part of Mumbai. Recent quarterly data reflects a resilient pricing structure that continues to attract serious investment interest.
Tardeo is surrounded by some of the most prestigious neighborhoods in Mumbai, each offering unique value propositions. Malabar Hill commands a significant premium with rates at ₹95,700 per sq ft, while Girgaon follows closely at ₹1.16 Lakh per sq ft. In contrast, locations like Agripada offer a more accessible entry point at ₹35,550 per sq ft. This geographic spread allows buyers to choose between ultra-luxury options and more moderate price points within the same micro-market.
Residential apartments in Tardeo represent the primary property category, currently averaging ₹80,550 per sq ft with a positive growth of 8.91%. This segment caters to a wide spectrum of buyers, from those seeking compact luxury to expansive high-rise homes. The consistent performance of the apartment segment highlights its status as the preferred choice for both end-users and long-term investors in the region.
The Tardeo market provides a balanced supply of properties across various stages of development to meet different buyer needs. Ready-to-move inventory, which includes 122 units, is priced at an average of ₹57,250 per sq ft, offering immediate possession. Meanwhile, under-construction projects are available at ₹63,100 per sq ft, and new launches are currently priced at ₹55,550 per sq ft, providing options for those looking to invest in future value appreciation.
Project & Developer Insights
Top Residential Projects and Developers in Tardeo
Top Projectsin Tardeo
K Raheja Sobo Residences is the top project in Tardeo.
K Raheja Sobo Residences
Price On Request
Mumbai South, Mumbai
Lodha Marq
₹ 10.71 Cr - ₹ 24.96 Cr
Mumbai South, Mumbai
Shapoorji Pallonji The Imperial
Price On Request
Mumbai South, Mumbai
Godrej Trilogy
₹ 18.88 Cr - ₹ 29.95 Cr
Mumbai South, Mumbai
LnT Island Cove
₹ 3.40 Cr - ₹ 6.34 Cr
Mumbai South, Mumbai
JP Codename Matunga Origins
₹ 2.93 Cr - ₹ 4.23 Cr
Mumbai South, Mumbai
Piramal Mahalaxmi
₹ 5.45 Cr - ₹ 14.03 Cr
Mumbai South, Mumbai
Runwal Timeless
₹ 1.59 Cr - ₹ 3.5 Cr
Mumbai South, Mumbai
Kalpataru Azuro
₹ 45 Cr - ₹ 71.98 Cr
Mumbai South, Mumbai
Lodha Malabar
Price On Request
Mumbai South, Mumbai
View More
New Launch
Under Construction
Ready to Move
Top Developersin Mumbai
Lodha leads in Mumbai with 110 projects and 39 years of experience.
Luxury living in Tardeo is defined by iconic projects that command significant market attention. Shapoorji Pallonji The Imperial leads the segment with an asking price of ₹1.01 Lakh per sq ft, representing a 38.43% increase. Similarly, Mahindra Heights is priced at ₹1.01 Lakh per sq ft, while other premium developments like Olympus Apartments at ₹94,450 per sq ft and Lodha Marq at ₹93,650 per sq ft continue to uphold the area's high-value reputation.
Top projects in Tardeo, such as Mayflower and Prithvi Apartment, are leading the rental market with rates reaching up to ₹270 per sq ft. Other notable developments like Lodha Marq are also performing well, with rental rates of ₹238 per sq ft and a 1.71% increase, highlighting the premium placed on modern, well-maintained residential complexes.
The Tardeo real estate landscape is supported by a select group of developers who drive market activity. Aaress Realty has demonstrated its presence through successful project registrations, reflecting buyer trust in their developments. This focus on established developers ensures that the market maintains high quality standards and consistent demand.
Government Registrations
Government Registration in Tardeo, Mumbai
Government records indicate a healthy level of activity in Tardeo, with 122 transactions registered between September 2025 and August 2026. These transactions represent a gross value of ₹439 Cr, reflecting the substantial capital flowing into the local real estate sector. Aaress Realty stands out as a key developer, contributing to the transaction volume and maintaining the market's momentum.
Sales Transactions122
Gross Sales Value₹ 439 Cr
Registered Rate₹ 38,500/Sq.Ft
Rental Trends
Rental Trends and Average Rent in Tardeo, Mumbai
Rental rates in Tardeo vary significantly by unit size, reflecting the diverse housing needs in the area. 1 BHK apartments average ₹74,150 per month, while 2 BHK units command ₹1.49 Lakh. For larger families, 3 BHK and 4 BHK units are available at average monthly rents of ₹3.06 Lakh and ₹5.83 Lakh, respectively. Rental rates across Tardeo's sub-markets are quite dynamic, with areas like Babulnath and Gamdevi seeing sharp increases of 63.4% and 31.82%, respectively. Premium locations such as Cumbala Hill, Kemps Corner, and Breach Candy maintain a consistent average of ₹250 per sq ft. Meanwhile, Girgaum Chowpatty and Dalal Estate offer more moderate rental options at ₹150 per sq ft. The rental market for apartments in Tardeo remains strong, with an average rate of ₹200 per sq ft. This segment has experienced a steady growth of 6.44% over the past year, reflecting the enduring appeal of apartment living in this part of the city. Top projects in Tardeo, such as Mayflower and Prithvi Apartment, are leading the rental market with rates reaching up to ₹270 per sq ft. Other notable developments like Lodha Marq are also performing well, with rental rates of ₹238 per sq ft and a 1.71% increase, highlighting the premium placed on modern, well-maintained residential complexes.
Rental rates in Tardeo vary significantly by unit size, reflecting the diverse housing needs in the area. 1 BHK apartments average ₹74,150 per month, while 2 BHK units command ₹1.49 Lakh. For larger families, 3 BHK and 4 BHK units are available at average monthly rents of ₹3.06 Lakh and ₹5.83 Lakh, respectively.
Rental rates across Tardeo's sub-markets are quite dynamic, with areas like Babulnath and Gamdevi seeing sharp increases of 63.4% and 31.82%, respectively. Premium locations such as Cumbala Hill, Kemps Corner, and Breach Candy maintain a consistent average of ₹250 per sq ft. Meanwhile, Girgaum Chowpatty and Dalal Estate offer more moderate rental options at ₹150 per sq ft.
The rental market for apartments in Tardeo remains strong, with an average rate of ₹200 per sq ft. This segment has experienced a steady growth of 6.44% over the past year, reflecting the enduring appeal of apartment living in this part of the city.
Frequently Asked Questions About Property Rates in Tardeo, Mumbai
What is the current average asking price in Tardeo as of June 2026?
As of June 2026, the average asking price in Tardeo is ₹73,950 per sq ft. This figure reflects a depreciation of 1.38% compared to the previous period, indicating a slight market correction in the locality's premium residential segment.
How do property prices in Tardeo compare to the Government Registration Rate?
The average asking price in Tardeo, which stands at ₹73,950 per sq ft as of June 2026, is significantly higher than the Government Registration Rate of ₹39,200 per sq ft. This gap between the market-driven asking price and the government-notified rate is common in high-demand, prime residential areas like Tardeo, where property valuation is heavily influenced by luxury amenities and location prestige.
What are the latest rental trends in Tardeo as of June 2026?
As of June 2026, the average rental rate in Tardeo is ₹202 per sq ft, which has appreciated by 10.99% compared to the previous period. This robust growth in rental values, paired with a rental yield of 3.28%, highlights Tardeo as a sought-after destination for both tenants and investors looking for steady income potential in South Mumbai.
How does the monthly rent vary by BHK configuration in Tardeo?
Rental rates in Tardeo vary significantly based on the size of the unit as of June 2026. A 1 BHK apartment typically commands ₹74,150 per month, while 2 BHK units average ₹1.49 Lakh per month. Larger configurations see a sharper increase, with 3 BHK apartments averaging ₹3.06 Lakh per month and 4 BHK apartments reaching ₹5.83 Lakh per month, reflecting the premium nature of the housing stock in this locality.
Which projects in Tardeo currently command the highest rental rates?
As of June 2026, Mayflower leads the market with a rental rate of ₹270 per sq ft, followed by Prithvi Apartment Tardeo at ₹258 per sq ft and Spenta Stardeous at ₹250 per sq ft. These projects maintain their premium positioning due to their prime location and high-quality infrastructure, which continues to attract high-net-worth tenants in the South Mumbai market.
How have property prices in Tardeo trended over the last few quarters?
Property prices in Tardeo have shown a fluctuating trajectory, with the location rate moving from ₹65,550 per sq ft in September 2025 to ₹73,950 per sq ft in March 2026, before reaching ₹80,550 per sq ft in June 2026. This upward trend over the recent quarters signals resilient demand and investor confidence in the Tardeo real estate market despite short-term quarterly variations.
What is the price difference between Ready To Move and Under Construction properties in Tardeo?
As of June 2026, Ready To Move properties in Tardeo have an average price of ₹57,250 per sq ft, which depreciated by 1.43% compared to the previous period. In contrast, Under Construction projects are priced higher at an average of ₹63,100 per sq ft, showing an appreciation of 0.84% over the same timeframe, which often reflects the premium associated with newer, modern amenities and contemporary architectural standards.
How do property prices in Tardeo compare to nearby localities?
Property prices in the vicinity of Tardeo vary significantly as of June 2026. Malabar Hill commands the highest average rate at ₹95,700 per sq ft (appreciating by 3.59%), while Agripada is more accessible at ₹35,550 per sq ft (depreciating by 5.64%). Other notable areas include Gamdevi at ₹84,050 per sq ft (appreciating by 0.2%) and Breach Candy at ₹76,550 per sq ft (appreciating by 14.28%), showcasing the diverse price points available within this specific South Mumbai micromarket.
Which projects in Tardeo have the highest listing rates as of June 2026?
As of June 2026, Shapoorji Pallonji The Imperial and Mahindra Heights are among the top projects in Tardeo, both commanding listing rates of ₹1.01 Lakh per sq ft. Shapoorji Pallonji The Imperial has seen a notable appreciation of 38.43% compared to the previous period, while Mahindra Heights has remained relatively stable with a 0.41% increase, underscoring their status as premium residential landmarks.
How should investors interpret the rental yield in Tardeo?
The rental yield of 3.28% in Tardeo as of June 2026 provides a key metric for investors to evaluate the income-generating potential of their capital outlay. When combined with the average sale price of ₹73,950 per sq ft, this yield suggests that while Tardeo is a high-entry-cost market, it offers stable rental returns that are characteristic of established, high-demand residential hubs in South Mumbai.
