Property Butler tracks 12 active 3 BHK rentals in Tardeo, spanning ₹1.40 lakh to ₹22.5 lakh per month, one of South Mumbai's widest rental ranges for a single configuration. Imperial Towers at ₹4.80 lakh/month and Carmichael Residences at ₹22.5 lakh/month (3,500 sqft, fully furnished) anchor the premium end; Navyug Mansion at ₹1.40 lakh/month and Walchand Terraces at ₹2.50 lakh/1,490 sqft define the value tier. The address itself, Tardeo / Carmichael Road, carries the old-money SoBo prestige of Malabar Hill at 15 to 25% below equivalent Hill rents, making it Mumbai's best value-for-prestige rental corridor in 2026.
3 BHK Rentals in Tardeo / Carmichael Road, May 2026 Market
Tardeo's 3 BHK rental market spans one of Mumbai's widest ranges: Navyug Mansion at ₹1.40L/month to Carmichael Residences at an extraordinary ₹22.5L/month (3,500 sqft, fully furnished, 9th floor). Property Butler tracks 12 active 3 BHK rentals in Tardeo. The market naturally divides into three tiers: residential (₹1.4 to 2.3L), premium towers (₹4.8 to 5L), and ultra-luxury Carmichael Road (₹22.5L+).
3 BHK Tardeo Rent, May 2026 Snapshot
₹1.40L to ₹22.5L/month
860 to 3,500 sqft carpet | 12 listings | 3 distinct tiers including Carmichael Road ultra-luxury
Live from Property Butler, May 2026
Marlboro House has 2 active rentals on Property Butler right now: a 3 BHK 1,300 sqft at Rs6L/month and a 4 BHK 3,000 sqft at Rs11L/month. At Rs4,615/sqft/month, the 3 BHK is the best-value large-format rental on Tardeo Road, significantly below Carmichael Residences at Rs6,428/sqft/month. Contact Property Butler for same-day availability.
Active 3 BHK Rental Listings in Tardeo
| Building | Monthly Rent | Carpet | Floor | Furnishing |
|---|---|---|---|---|
| Navyug Mansion Tardeo | ₹1.40 to 1.50L | 860 sqft | 4th-16th | Fully Furnished |
| Aditya Akruti Tardeo | ₹1.85L | 1,250 sqft | 12th | Unfurnished |
| Kalikund Heights Tardeo | ₹2.00L | 1,050 sqft | 16th | Semi Furnished |
| Neelam Arvind Kunj / Arvind Kunj Tardeo | ₹2.25 to 2.30L | 1,200 sqft | 4th | Unfurnished / Semi |
| Walchand Terraces Tardeo | ₹2.50L | 1,490 sqft | 3rd | Unfurnished |
| Imperial Towers Tardeo | ₹4.80L | 1,800 sqft | High floor | Semi Furnished |
| Prithvi Apartments Tardeo / Pedder Road | ₹5.00L | 1,700 sqft | 11th | Fully Furnished |
| Carmichael Residences Carmichael Road, Tardeo | ₹22.5L | 3,500 sqft | 9th | Fully Furnished |
Market Structure
Tardeo's 3 BHK rental market has a clear three-tier structure: (1) residential buildings ₹1.4 to 2.5L, (2) premium towers like Imperial Towers and Prithvi Apartments at ₹4.8 to 5L, and (3) Carmichael Road ultra-luxury at ₹22.5L+, one of the most expensive rental addresses in India. Walchand Terraces at ₹2.50L/1,490 sqft is the best sqft-per-rupee deal in the second tier.
Why Rent a 3 BHK in Tardeo?
- Carmichael Road, among Mumbai's most exclusive residential addresses; old-money SoBo prestige
- Grant Road + Charni Road stations, Central + Western Line access
- Breach Candy + Jaslok hospitals, medical catchment for families
- Pedder Road lifestyle, sea view corridors, Walkeshwar proximity
- Lodha Marq, Carmichael Residences, SD Imperial Edge, anchor the luxury sale market within walking distance
Find Your 3 BHK in Tardeo
From Navyug Mansion to Carmichael Residences, our team knows every available unit.
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What does a 3 BHK in Tardeo rent for?
Currently ₹1.40L to ₹22.5L/month. The residential tier (₹1.4 to 2.5L) covers 860 to 1,490 sqft. Carmichael Residences at ₹22.5L is among Mumbai's priciest rental addresses.
Is Carmichael Road worth ₹22.5 lakh/month?
At 3,500 sqft fully furnished on the 9th floor, the ₹22.5L/month Carmichael Residences unit is positioned for C-suite executives or diplomatic tenants. It works out to ₹643/sqft/month, competitive with Malabar Hill or Cuffe Parade for this size tier.
Commute from Tardeo / Carmichael Road, 2026
Tardeo sits at Mumbai's premium SoBo crossroads, Coastal Road Phase 1 is 3 minutes away, Grant Road station (Western Railway) is 5 minutes, Breach Candy and Jaslok hospitals are walkable. It's the only South Mumbai address combining old-money residential character with modern infrastructure.
| Destination | Time | Mode |
|---|---|---|
| Worli Sea Face | 8 min | Road |
| Nariman Point | 15 min | Coastal Road |
| Breach Candy Hospital | 5 min walk | Walk |
| Lower Parel | 12 min | Road |
| BKC | 25 min | Sea Link + Road |
How does Tardeo compare to Malabar Hill for 3 BHK rentals?
Tardeo is 15 to 25% cheaper than Malabar Hill for comparable 3 BHKs. Malabar Hill starts at ₹2 to 3.5L/month while Tardeo has options from ₹1.4L. However, Carmichael Road (technically Tardeo) commands Malabar Hill-adjacent rates at ₹4.8 to 5L/month. Tardeo has better hospital access (Breach Candy, Jaslok) and Coastal Road proximity.
Q: What is the security deposit for a 3 BHK in Tardeo?
Typically 3 to 6 months rent. Carmichael Residences and Imperial Towers expect 6 months (Rs28.8L for the Carmichael Rs22.5L/month unit). Residential buildings like Navyug Mansion and Walchand Terraces accept 3 months. Corporate tenants can often substitute a bank guarantee.
Q: What are typical lease terms in Tardeo?
11-month Leave and Licence agreements are standard, extendable on mutual consent. Annual escalation is typically 5 to 8%. Carmichael Road addresses often command longer 2 to 3 year leases from diplomatic or C-suite tenants. TDS at 10% applies on all rents above Rs50,000/month.
Q: What is the Marlboro House rental rate in Tardeo May 2026?
Property Butler has two active Marlboro House listings: a 3 BHK (1,300 sqft) at Rs6L/month and a 4 BHK (3,000 sqft) at Rs11L/month. The 3 BHK at Rs6L is among the best-value large-format rentals on Tardeo Road. WhatsApp Property Butler for current availability.
Related Reading
→ 3 BHK Rentals in Malabar Hill, ₹85K-₹12L/Month→ 3 BHK Rentals in Nariman Point 2026→ 4 BHK Rentals in Prabhadevi 2026→ Altamount Road & Pedder Road Property Guide 2026→ NRI Property Investment Mumbai Guide 2026More Tardeo Resources
Lodha Marq 3 BHK, Floor-by-Floor Pricing & View Stack (Tardeo) Marlboro House Tardeo, RTM Rental Review (3BHK ₹6L/mo, 4BHK ₹11L/mo) Lodha Marq Tardeo, Complete Project Review (₹10.71 to ₹120 Cr) Tardeo Sea View Apartments, Investment Return Analysis 2026 Lodha Marq Tardeo vs 25 Downtown Mahalaxmi, Ultra-Luxury Comparison
