Pre-Launch Alert
Oberoi Realty Launches Oberoi Tardeo: 2.5 Lakh Sq Ft Luxury Redevelopment in South Mumbai
Oberoi Realty has entered into a development agreement for a premium residential redevelopment in Tardeo, South Mumbai, marking the company's continued focus on ultra-luxury infill redevelopment projects in high-barrier South Mumbai micro-locations. The project is at pre-launch stage pending RERA registration.
| Developer | Oberoi Realty Limited |
|---|---|
| Location | Tardeo, South Mumbai (PIN 400007) |
| Land Parcel | 13,450 square metres |
| Saleable Area | Approximately 2.5 lakh square feet (free sale component) |
| Configuration | 3 BHK and 4 BHK apartments |
| Price Band | ₹3 crore to ₹10 crore (estimated) |
| Status | Pre-Launch; RERA registration pending (as of September 2026) |
| Site Details | Currently occupied by Municipal Corporation of Greater Mumbai-tenanted structures; adjacent to another Oberoi joint venture redevelopment |
Project Overview
Oberoi Realty has signed a Development Agreement for the redevelopment of approximately 13,450 square metres of land in Tardeo, which will generate around 2.5 lakh square feet of free sale area. The land is currently occupied by structures tenanted by the Municipal Corporation of Greater Mumbai and is adjacent to another property that Oberoi is redeveloping in a joint venture.
The project features luxurious 3 & 4 BHK homes, with options ranging from spacious 3 BHK apartments to luxurious 4 BHK units. The development is aimed at discerning homeowners with a budget between 3 crore and 10 crore.
Status and Regulatory Position
The project remains in pre-launch phase as of September 2026. As of the inquiry, RERA is not present so the project is not launched and details are not officially available. The development agreement has been executed, but formal RERA registration with Maharashtra Housing and Land Development Authority (MahaRERA) is pending before the project can move into active marketing and booking phase.
Once RERA registration is secured, the project will transition to formal launch status, at which point configuration details, possession timelines, carpet areas, and full amenity specifications will be registered and publicly disclosed on the MahaRERA portal.
Tardeo Locality: Premium Connectivity and Infrastructure
Tardeo is an elite residential and commercial locality of South Mumbai, extending from Nana Chowk to Haji Ali Junction. The prime residential area is witnessing consistent demand for luxury apartments and penthouses, with recent trends indicating steady appreciation in property values, driven by its central location, excellent connectivity, and premium amenities.
Tardeo is well-connected to business hubs, with Lower Parel, Worli, Nariman Point, and Cuffe Parade reachable within 15–20 minutes. The area benefits from well-maintained roads, proximity to essential services like schools and hospitals, and future metro connectivity through Line 3 of the Mumbai Metro.
Future infrastructure plans for Tardeo include metro network expansion, Coastal Road, and improved midtown connectors that will further reduce commute times to Worli and Nariman Point. Areas along Metro Line 3, MTHL, Cuff Parade, Bandra West and Tardeo Road are witnessing a convergence of commercial office supply, retail development, and premium housing.
Developer Track Record: Oberoi Realty
Oberoi Realty has delivered 51 projects spanning 17.3 million square feet over the past four decades, while another 34 million square feet is currently under development. The developer is known for acquiring large parcels of land and developing landmark projects, including redevelopment initiatives that have transformed the real estate landscape in Mumbai through a mix of residential, commercial, and hospitality offerings.
Oberoi Tardeo represents the company's strategy of high-value infill redevelopment in established South Mumbai micro-locations where land availability is constrained and regulatory barriers are high, positioning the project for investors seeking ultra-luxury addresses with established infrastructure and proximity to Mumbai's financial and commercial core.
Frequently asked questions
What is the current status of Oberoi Tardeo?
The project is in pre-launch phase pending RERA registration with MahaRERA. The development agreement has been signed, but formal regulatory filing and approval are awaited before the project moves into active marketing and booking.
What are the unit configurations available?
The project will offer 3 BHK and 4 BHK luxury apartments, designed with modern architecture and amenities.
What is the estimated price range?
Based on pre-launch information, the estimated price band is ₹3 crore to ₹10 crore, though final pricing will be announced upon RERA registration.
When will RERA registration happen and what happens after?
Exact RERA registration timeline has not been announced. Once registered, all unit specifications, carpet areas, amenities, possession timeline, and financial disclosures become legally binding and available on the MahaRERA portal.
How is Tardeo positioned relative to South Mumbai business hubs?
Tardeo is centrally located with 15–20 minute commute access to Lower Parel, Worli, Nariman Point, and Cuffe Parade. Future Metro Line 3 connectivity will further improve access to the broader city.
Is this a new construction or a redevelopment project?
This is a redevelopment project. Oberoi Realty is redeveloping a 13,450 sq m parcel currently occupied by Municipal Corporation structures, adjacent to another Oberoi joint venture redevelopment.