Property Rates in Tilak Nagar, Mumbai

As of March 2026, Tilak Nagar's average asking price is ₹26,435 per sq ft. This is lower than the micromarket average of ₹37,242 per sq ft for the same period. However, looking at the price trend, the micromarket rate was significantly lower at ₹20,017 per sq ft in December 2025, suggesting a recent surge in that specific micromarket compared to Tilak Nagar's overall rate.

The property price trend in Tilak Nagar shows a general decrease over the past year. From June 2025 to March 2026, the location rate decreased from ₹0 (data not available for June 2025) to ₹26,435 per sq ft. The micromarket rate, however, saw fluctuations, starting at ₹19,525 per sq ft in June 2025, rising to ₹19,713 in September 2025, then to ₹20,017 in December 2025, before a significant jump to ₹37,242 in March 2026. This indicates a mixed trend with an overall downward movement in Tilak Nagar's average rate but a recent spike in its associated micromarket rates.

As of March 2026, the average asking price for apartments in Tilak Nagar is ₹26,435 per sq ft. This figure has depreciated by 2.91% over the recent period. The data indicates that apartments are the primary property type considered in Tilak Nagar, with this rate reflecting the current market sentiment for this segment.

In Tilak Nagar, property prices vary by construction status as of March 2026. 'Under Construction' properties are priced at an average of ₹25,384 per sq ft, showing a recent appreciation of 3.02%. 'Ready To Move' properties are slightly lower at ₹25,172 per sq ft, having depreciated by 2.24%. 'New Launch' properties are priced at ₹24,393 per sq ft, with a 1.75% appreciation. 'Well Occupied' properties are at ₹25,150 per sq ft, with a minor depreciation of 0.96%.

As of March 2026, the projects with the highest listing rates in Tilak Nagar include Gurukrupa CHS at ₹38,022 per sq ft, followed by Haware Tilak Nagar at ₹31,663 per sq ft, and Rajshree Clover at ₹30,769 per sq ft. Gurukrupa CHS has seen no change in its rate, while Haware Tilak Nagar has depreciated by 1.97%. Rajshree Clover, however, has appreciated by a notable 8.84%.

The average asking price in Tilak Nagar is ₹26,435 per sq ft as of March 2026. In contrast, the Government Registration Rate is listed as ₹0 per sq ft. This significant difference suggests that the registered values might not be updated or might reflect a different valuation methodology compared to the market's current asking prices.

As of March 2026, the average rental rate in Tilak Nagar is ₹95 per sq ft, with an overall rental yield of 4.31%. This yield indicates the annual return an investor can expect from rental income relative to the property's capital value. The rental market in Tilak Nagar appears to offer a moderate return for property owners.

In Tilak Nagar, rental rates vary by BHK configuration as of March 2026. A 1 BHK apartment typically rents for ₹41,852 per month, while a 2 BHK apartment commands a higher average of ₹66,038 per month. For larger families or shared accommodations, a 3 BHK apartment averages ₹79,609 per month. These figures reflect the demand for different living spaces within the locality.

Rental rates in micromarkets near Tilak Nagar show considerable variation as of March 2026. Postal Colony has the highest average rental rate at ₹136 per sq ft, with no change. Barrister Nath Pai Nagar follows at ₹114 per sq ft, showing an appreciation of 7.55%. Subhash Nagar, however, has seen a depreciation of 9.37%, with its average rental rate at ₹87 per sq ft. Ghatkopar East and Kurla also show positive rental appreciation at 5.32% and 4.26% respectively.

As of March 2026, rental rates in Tilak Nagar differ by property type. Apartments are available at an average of ₹95 per sq ft, with no reported change. Shops, on the other hand, command a significantly higher average rental rate of ₹180 per sq ft, also with no change. This suggests that commercial spaces in Tilak Nagar are in higher demand for rental income compared to residential apartments.

As of March 2026, the top projects in Tilak Nagar by rental rate per square foot include Kruskal Towers at ₹116 per sq ft, Tilak Shanti CHS at ₹107 per sq ft, and Haware Tilak Nagar at ₹106 per sq ft. Haware Tilak Nagar has experienced a significant appreciation of 15.22% in its rental rate, indicating growing demand for this project. Krushal Towers and Tilak Shanti CHS have maintained their rental rates.

The average asking price in Tilak Nagar is ₹26,435 per sq ft as of March 2026, while the Government Registration Rate is listed as ₹0 per sq ft. This substantial discrepancy suggests that buyers might be paying significantly more than the officially registered value. It's crucial for potential buyers to understand this gap, as it could impact loan eligibility or future resale values, and to consult with experts for accurate valuation.

The recent price trend in Tilak Nagar shows a depreciation of 2.91% in the average asking price as of March 2026. However, 'Under Construction' properties have appreciated by 3.02%. This mixed signal suggests that while the overall market might be cooling, new developments are still attracting investment. End-users might find current prices more attractive, while investors could consider the potential for appreciation in under-construction projects.