Under Construction Flats
in Tardeo
₹8.93 Crore – ₹21 Crore · Ultra-High-Floor · South Mumbai Central
Under-Construction Projects in Tardeo
| Project | Config | Price | Carpet Area | Floor |
|---|---|---|---|---|
| MICL Aaradhya Avaan | 3 BHK | ₹8.93 Cr | 1,300 sqft | Mid-Rise |
| MICL Aaradhya Avaan | 3 BHK | ₹9.42 Cr | 1,450 sqft | 55th Floor |
| Lodha marQ | 3 BHK | ₹12.20 Cr | 1,488 sqft | 28th Floor |
| MICL Aaradhya Avaan | 4 BHK | ₹14.60 – 20 Cr | 2,029 – 2,250 sqft | 14th – 48th Floor |
| Lodha marQ | 5 BHK | ₹21 Cr | 3,030 sqft | 30th Floor |
Property Butler Insight
Tardeo is South Mumbai's most underserved premium market — centrally located between Worli, Malabar Hill, and Haji Ali, yet with limited new supply. Two projects dominate: MICL Aaradhya Avaan (ultra-high-floor tower with 3–4 BHK options from ₹8.93Cr) and Lodha marQ (3–5 BHK from ₹12.2–21Cr). At ₹68K/sqft for MICL Aaradhya Avaan's 3 BHK, the pricing is 10–15% below comparable Worli towers — making it a strong pre-possession value play.
Why Buy Under Construction in Tardeo?
- Geometric Centre of South Mumbai: Tardeo sits at the junction of Haji Ali, Nana Chowk, and Kennedy Bridge — equidistant from Worli, Malabar Hill, and Lower Parel
- Haji Ali View Premium: Upper-floor units face the Haji Ali Dargah causeway extending into the sea — an iconic view that commands a consistent premium
- Coastal Road Access: Tardeo connects directly to the Coastal Road slip roads — 15 minutes to Marine Lines, 20 to Worli
- Pre-Possession Discount: Current MICL Aaradhya Avaan pricing is pre-OC; expect 12–18% appreciation by possession
- RERA Registered: Both projects are RERA compliant — protected against delays and structural standards
Frequently Asked Questions
What is MICL Aaradhya Avaan in Tardeo?
MICL Aaradhya Avaan is a luxury skyscraper by Man Infraconstruction Ltd (MICL) in Tardeo, offering 3 and 4 BHK residences from floors 14 to 55+. The tower features private terraces, sky lobbies, and panoramic Haji Ali and sea views. 3 BHK configurations range from 1,300 to 1,450 sqft carpet; 4 BHK from 2,029 to 2,250 sqft. RERA registered.
How does Lodha marQ compare to MICL Aaradhya Avaan?
Lodha marQ is positioned at a higher price point (₹12.2–21Cr vs ₹8.93–20Cr) with a 5 BHK option (3,030 sqft) that MICL doesn't offer. Lodha has stronger brand recognition and faster construction track record. MICL Aaradhya Avaan offers better value per sqft in the 3 BHK segment and reaches higher floors (55+). Both are RERA registered. Lodha marQ is the better choice for buyers prioritising resale liquidity; MICL for buyers optimising carpet area per rupee.
Property Butler
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WhatsApp Us NowInvestment Case: Why Tardeo Pre-Possession Is Compelling
Tardeo is South Mumbai’s most underserved premium market relative to its geographic position. Centrally located between Worli, Malabar Hill, and Haji Ali, it has lower new-launch PSF than Worli despite equivalent or superior views on upper floors. Property Butler’s market data shows Worli at ₹73,529/sqft and comparable Tardeo upper-floor units at ₹60,000–80,000/sqft — a meaningful discount for the same or better elevation and view.
The pre-possession discount at MICL Aaradhya Avaan (delivery Dec 2030) is estimated at 12–18% vs expected OC-period pricing. At ₹69,000/sqft for the 3 BHK on the 55th floor, Property Butler tracks this as the best PSF entry into a genuinely ultra-high-floor South Mumbai address available in 2026. Lodha Marq is priced at a brand premium (₹72,000–90,000/sqft) and is the choice for buyers who value delivery certainty and Lodha’s 25-year SoBo track record over PSF optimisation.
Property Butler View on Tardeo
Tardeo has exactly 3 active projects tracked by Property Butler in 2026. This scarcity is structural — the hill’s land constraints and FSI history limit new supply to one major launch per 2–3 years. When a window opens on Tardeo at current PSF levels, it typically closes within 18 months. The combination of scarcity, elevation, and pre-OC discount makes MICL Aaradhya Avaan and Lodha Marq the highest-conviction South Mumbai pre-launch plays of 2026.
What RERA protection do I get on MICL Aaradhya Avaan?
Both MICL Aaradhya Avaan and Lodha Marq are RERA registered under MahaRERA. RERA protections include: (1) builder must maintain a project escrow account with 70% of collections; (2) possession delays beyond the registered date trigger 10.5% per annum interest to the buyer; (3) structural defects within 5 years post-possession are the builder’s liability. Check the MahaRERA portal (maharera.mahaonline.gov.in) for the current registration numbers and project milestones.
Is Tardeo better than Worli for investment in 2026?
It depends on your investment thesis. Worli has higher rental demand (BKC-adjacent corporate tenants), more liquidity, and faster capital turn. Tardeo has lower new-launch PSF, fewer active projects, and the structural scarcity of the hill address. For a 5–7 year capital appreciation hold with minimal rental expectation, Tardeo offers the better entry PSF. For a yield-generating investment with 3–5 year horizon, Worli wins. Property Butler recommends Tardeo for HNI buyers who want UHNI-neighbourhood exposure without paying Malabar Hill’s fully-priced ceiling.