Carmichael Road produces only one type of real estate: the kind that never goes on sale. SD The Imperial Edge, developed by SD Corporation Pvt. Ltd., is the address that captures this truth most precisely in 2026 — 46 residences, ready to move in, priced from ₹36.59 Cr to ₹55.36 Cr, at an average asking PSF of ₹77,444/sqft on carpet. In a Tardeo market dominated by under-construction projects promising 2028–2030 delivery, the Imperial Edge is the singular ultra-premium answer for the buyer who will not wait.
SD The Imperial Edge — May 2026 Quick Facts
| Developer | SD Corporation Pvt. Ltd. |
| Location | Carmichael Road, Tardeo, Mumbai 400026 |
| Status | Ready to Move In (OC Received) |
| Total Residences | 46 |
| Asking Price Range | ₹36.59 Cr – ₹55.36 Cr |
| Avg Asking PSF (Carpet) | ₹77,444 / sqft |
| RERA | P51900000723 |
| Property Butler Trust Score | 79/100 (B+) |
Who SD Corporation Is — And Why Carmichael Road Provenance Matters
SD Corporation has built its reputation precisely on this strip of Mumbai — the Carmichael Road–Altamount Road microzone that commands some of the highest residential land values on the Indian subcontinent. The Imperial Edge continues a lineage of SD Corp projects that have consistently attracted UHNW buyers from financial services, industrial, and family-office circles.
A Property Butler trust score of 79/100 (B+) reflects a developer with a credible delivery record and clean title on its projects, but one that lacks the institutional brand depth of a Lodha or Godrej. At ₹40–55 Cr, you are in a building where the developer relationship post-handover defines your ownership experience. SD Corp’s Carmichael Road track record is strong, but post-sale service infrastructure is thinner than what the big-five national developers offer.
The Carmichael Road Location Premium
The ₹77,444/sqft asking PSF is not simply a luxury premium — it is a land-cost arithmetic outcome. Carmichael Road sits in a micro-zone where FSI is severely restricted, land parcels are almost never available, and new supply cannot enter. The entry-level price of ₹36.59 Cr is approximately 10.8% above Lodha Marq’s PSF (₹69,882/sqft) because Carmichael Road is architecturally and socially distinct from the broader Tardeo market.
Within 10 minutes of SD The Imperial Edge: Breach Candy Hospital (4 minutes — first-choice hospital for Mumbai’s top-tier families), Breach Candy Club (century-old private social club), Haji Ali Dargah (coastal landmark), Kemps Corner (upmarket retail and dining, 7 minutes by car), and Jaslok Hospital (6 minutes).
Configuration Analysis — What 46 Residences Means at ₹77,444/sqft
Forty-six residences in a building on Carmichael Road means the developer extracted maximum permissible FSI across a sizeable land parcel. Based on the ₹77,444/sqft rate and ₹36–55 Cr price band, Property Butler calculates implied carpet areas in the 4,700–7,100 sqft range — consistent with full-floor 5 BHK and penthouse configurations.
Price Reality Check — What ₹77,444/sqft Delivers
| Carpet Area | Implied Config | Indicative Price |
|---|---|---|
| 2,500 sqft | 3 BHK | ~₹19.4 Cr |
| 3,500 sqft | 4 BHK | ~₹27.1 Cr |
| 4,725 sqft | 5 BHK / Full Floor | ~₹36.6 Cr (listed entry) |
| 7,145 sqft | Penthouse | ~₹55.4 Cr (listed top) |
Based on Property Butler’s tracked inventory. Contact us for exact carpet areas and current availability.
SD The Imperial Edge vs Tardeo’s Other Ultra-Premium Projects
| Project | PSF (Carpet) | Price Range | Status | Trust |
|---|---|---|---|---|
| SD The Imperial Edge | ₹77,444 | ₹36.59–55.36 Cr | Ready to Move | B+ (79) |
| Lodha Marq | ₹69,882 | ₹10.34–120 Cr | Nov 2028 | A+ (94) |
| MICL Aaradhya Avaan | ₹81,700 | ₹9.8–25.65 Cr | Dec 2030 | A- (87) |
| The Stardeous | ₹53,979 | ₹4.07–6.40 Cr | Jun 2027 | C (40) |
The RTM Premium — The Real Financial Calculation
The gap between SD Imperial Edge’s ₹77,444/sqft (ready) and Lodha Marq’s ₹69,882/sqft (November 2028 delivery) is ₹7,562/sqft. Three real costs hit the under-construction buyer that close this gap substantially:
- GST on under-construction property: 5% flat on purchase price — ₹52 lakh on Lodha Marq’s ₹10.34 Cr entry unit; proportionally more on larger units
- Bridging rent: Renting in Tardeo at ₹3–8L/month for 30 months = ₹90L–₹2.4 Cr paid before moving in
- Capital opportunity cost: ₹20–50 Cr locked in construction-linked payments at 6–7% implied cost = ₹1.2–₹3.5 Cr per year
Who Should Buy at SD The Imperial Edge
Strong Fit
- Senior executive wanting immediate occupation in 2026 with no construction wait
- NRI needing a ready Mumbai pied-à-terre, not a 2028 possession date
- Buyer drawn to Carmichael Road’s historic social cachet and Breach Candy proximity
- UHNW family needing a live-in Mumbai base within weeks of transaction
Consider Alternatives
- Buyer who prioritises Lodha or Godrej institutional brand and post-sale service depth
- Under-35 buyer who wants modern amenity-rich towers with pools and concierge
- Investor focused purely on 5-year capital appreciation over RTM convenience
- Budget under ₹30 Cr — no entry point below ₹36.59 Cr
Rental Yield Profile
Properties at ₹36–55 Cr on Carmichael Road are not conventional yield investments. Property Butler tracks furnished executive rentals in the Tardeo–Carmichael Road belt at ₹3.5 lakh to ₹8 lakh per month for large-format 3–5 BHK units. At ₹36 Cr entry price with ₹4L monthly rent, gross yield is approximately 1.3% — below Parel’s 3–4% yield range, but the trade is capital preservation at an address with extremely constrained future supply.
Due Diligence Checklist
- Title chain: Verify clean title from original land owner to SD Corporation. Carmichael Road parcels have had ancestral ownership complexities historically.
- OC verification: Confirm Occupancy Certificate is on the RERA portal under P51900000723.
- Society formation: Confirm Cooperative Housing Society is registered. For a 46-unit occupied building, this should be completed.
- Maintenance corpus: Verify sinking fund collected from existing residents. At this tier, ₹1,500–₹3,000/sqft annual maintenance is standard.
- Car parking: UHNW buyers typically negotiate 2–3 dedicated parking slots per unit.
- GST check: RTM resale from existing flat owner has no GST. Confirm transaction is not unsold developer stock (which attracts 5% GST, adding ₹1.8 Cr+ on ₹36 Cr).
Frequently Asked Questions
Is SD The Imperial Edge ready to move in 2026?
Yes. SD The Imperial Edge has OC received and units are available for immediate possession. RERA P51900000723 confirms completed project status. This is one of very few ultra-premium buildings in Tardeo ready in 2026 — Lodha Marq (Nov 2028) and MICL Aaradhya Avaan (Dec 2030) are both under construction.
How does SD The Imperial Edge compare to Lodha Marq Tardeo?
SD The Imperial Edge (₹77,444/sqft, ready) commands approximately 10.8% higher PSF than Lodha Marq (₹69,882/sqft, Nov 2028 delivery). Imperial Edge buyers prioritise Carmichael Road address prestige and immediate occupation. Lodha Marq buyers prioritise developer brand, modern amenity stack, and the appreciation runway of an under-construction project.
What is the price per sqft at SD The Imperial Edge Tardeo?
Property Butler tracks an average asking PSF of ₹77,444 on carpet area, with 46 residences priced from ₹36.59 Cr to ₹55.36 Cr. This makes it Tardeo’s highest-PSF ready-to-move project and one of the most expensive residential addresses per sqft in South Mumbai.
Is GST applicable on SD The Imperial Edge resale?
No. For resale transactions on a completed OC-received building, GST is not applicable. This is a significant financial advantage over under-construction units in Tardeo where 5% GST adds ₹1.8 Cr+ on a ₹36+ Cr purchase.
Which hospitals are near SD The Imperial Edge on Carmichael Road?
Breach Candy Hospital is within 4 minutes. Jaslok Hospital is 6 minutes away. Breach Candy Club is within walking distance. Cathedral and John Connon School is within 15 minutes.
Related Reading
→ Tardeo Property Buying Guide 2026→ Lodha Marq Tardeo — Complete Review→ MICL Aaradhya Avaan Tardeo Review→ Tardeo Carmichael Road: The Ultra-Premium Market DecodedInterested in SD The Imperial Edge?
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