Property Rates in Tilak Nagar, Mumbai 2026

Property price trends in Tilak Nagar have shown a fluctuating trajectory, with the location rate recorded at ₹27,250 per sq ft in June 2026, following a dip to ₹26,450 per sq ft in March 2026. Prior to this, the rate stood at ₹27,250 per sq ft in December 2025 and ₹28,800 per sq ft in September 2025, suggesting a period of price consolidation for investors and homebuyers.

Property rates in Tilak Nagar, currently at ₹26,450 per sq ft, sit in the mid-to-high range when compared to surrounding areas. For instance, Deonar and Govandi East command higher rates at ₹39,200 per sq ft, while Subhash Nagar and Kurla offer more accessible entry points at ₹23,800 per sq ft and ₹23,900 per sq ft, respectively. These variations highlight the diverse investment profiles available within the immediate vicinity.

As of June 2026, ready-to-move properties in Tilak Nagar are priced at an average of ₹25,600 per sq ft, having appreciated by 1.71% over the observed period. In contrast, under-construction projects are currently priced at ₹26,300 per sq ft, reflecting a stronger appreciation of 3.57%, which may signal growing buyer confidence in new development pipelines.

The rental yield in Tilak Nagar is currently 4.31%, which provides a clear metric for investors to evaluate income potential relative to the capital cost of property. With an average rental rate of ₹95 per sq ft as of June 2026, this yield remains stable, offering a predictable return profile for those looking to balance rental income with long-term asset appreciation.

Rental rates in Tilak Nagar vary significantly by unit size, with 1 BHK apartments averaging ₹39,250 per month, 2 BHK units at ₹66,150 per month, and 3 BHK apartments reaching ₹78,850 per month as of June 2026. This tiered pricing allows tenants to choose options that align with their space requirements and budget, while providing landlords with a clear understanding of market demand across different segments.

Premium rental projects in Tilak Nagar include Krushal Towers at ₹116 per sq ft, Tilak Shanti CHS at ₹107 per sq ft, and Haware Tilak Nagar at ₹106 per sq ft as of June 2026. Notably, Haware Tilak Nagar has seen a significant rental appreciation of 15.22% compared to the previous period, highlighting its increasing desirability among tenants in the area.

Commercial spaces in Tilak Nagar command a premium over residential units, with shops averaging ₹200 per sq ft in rent as of June 2026, compared to ₹100 per sq ft for apartments. While apartment rental rates have seen a slight depreciation of 1.05%, shop rental rates have remained stable, reflecting the distinct demand drivers for commercial versus residential real estate in the locality.

As of June 2026, the most expensive projects in Tilak Nagar by listing rate include Haware Tilak Nagar at ₹32,950 per sq ft (which appreciated by 4.08%) and Gami And Jaydeep Elora at ₹32,400 per sq ft, where prices have remained stable. These projects represent the premium segment of the local market, often attracting buyers looking for established or high-end residential infrastructure.

The Government Registration Rate in Tilak Nagar is currently ₹33,250 per sq ft, based on 157 transactions recorded between September 2025 and August 2026. When comparing this to the current average asking price of ₹26,450 per sq ft, buyers should note that the registration rate often reflects a broader range of historical transaction values and government benchmarks, which can differ from the current market listing prices found on property portals.