Summary
Tapovan is a residential building in Lower Parel, Mumbai. Property Butler tracks a median asking price of ₹45,148/sqft, with units in the ₹5.49 Cr – ₹5.49 Cr range across 520–1,216 sqft configurations. Gross rental yield is around 0.5%. Pricing is based on 21 verified transactions.
Where is Tapovan located?
Tapovan is in Lower Parel, Mumbai.
What is the price of a flat in Tapovan?
Property Butler tracks a median asking price of ₹45,148/sqft for Tapovan, with units in the ₹5.49 Cr – ₹5.49 Cr range (520–1,216 sqft).
What rental yield does Tapovan offer?
Tapovan offers an approximate gross rental yield of 0.5%, based on Property Butler's tracked rents versus asking prices.
How does Tapovan compare to Lower Parel pricing?
Tapovan is priced 53% below the Lower Parel top-5 building average of ₹95,271/sqft.
Median PSF (12m)
₹45,148
PSF Range (P10-P90)
₹45,148 – ₹45,148
Price Range (12m)
₹5.49 Cr – ₹5.49 Cr
Avg Rent
₹17K/mo
Transactions
4 sales · 17 rents
Unit Size Range
520 – 1,216 sqft
Gross Rental Yield
0.5%
Annual rent / purchase price
Recent Verified Sales
Property Butler verified sales data. Anonymized — no buyer/seller names.
| Date | Price | PSF | Area | Floor |
|---|---|---|---|---|
| 28 Apr 2025 | ₹5.49 Cr | ₹45,148 | 1,216 sqft | 4 |
| 18 Sept 2023 | ₹1.30 Cr | ₹25,000 | 520 sqft | 1 |
| 18 Sept 2023 | ₹1.50 Cr | ₹28,846 | 520 sqft | 1 |
Recent Rentals
Property Butler verified lease agreements.
| Date | Monthly Rent | Area |
|---|---|---|
| 7 May 2025 | ₹18K/mo | 225 sqft |
| 5 Dec 2024 | ₹17K/mo | 225 sqft |
| 14 Jun 2024 | ₹17K/mo | 225 sqft |
| 14 May 2024 | ₹20K/mo | 180 sqft |
| 3 May 2024 | ₹16K/mo | 180 sqft |
Methodology: Property Butler Valuation Engine — building-level signals cross-verified across multiple data sources. PSF based on last 12 months with P5-P95 outlier removal per building. Locality benchmark = average of top 5 buildings by PSF. Actual prices vary by floor, view, condition, and negotiation.
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Floor-level pricing, comparable sales, and market outlook for Tapovan.
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