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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Tarapur is an industrial residential locality situated in the outer Mumbai Metropolitan Region near Boisar and Chinchani. The pin code of Tarapur is 401502. This neighbourhood houses many industrial workers and features the famous Tarapur Atomic Power Station. Residents frequently access Grant Government Medical College and JJ Hospital Mumbai for their major needs. Dahisar East Metro Station on Red Line 7 is the nearest metro station located 78 km away. Tarapur Road connects the area to Boisar Railway Station within a travel time of 15 minutes. The 2026 average property rate ranges from Rs. 3,200 to Rs. 4,800 per sq ft, dominated by compact apartments driven by manufacturing sector jobs.
| Locality | Property Price per sq ft* |
|---|---|
| Tarapur mumbai | Rs. 3,200 to Rs. 4,800 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 5,500 to Rs. 7,500 |
| 2 BHK for rent | Rs. 8,000 to Rs. 10,500 |
| 3 BHK for rent | Rs. 11,000 to Rs. 14,000 |
Tarapur has emerged as a steady residential hub catering primarily to the industrial workforce of the Palghar region. Property values in this locality have seen a year-on-year appreciation of 4.5% due to steady industrial expansion. Buyer prices in this micro-market range from Rs. 3,200 to Rs. 4,800 per sq ft. The rental market is equally active, with monthly rents ranging from Rs. 5,500 to Rs. 14,000 depending on the apartment size. This price growth is supported by the upcoming bullet train station at Boisar. (* As of August 22, 2026)
Tarapur Atomic Power Station is a prominent landmark in Tarapur. Some more include:
Tarapur is well-connected through Tarapur Road and the following roads:
Dahisar East Metro Station on the Red Line 7 is the closest public transit option, located 78 km away. Some more include:
The nearest railway station and airport are Boisar Railway Station, which is located 6 km away, and others:
Tarapur is well-equipped with numerous top educational institutions, such as Grant Government Medical College and M.H. Saboo Siddik College of Engineering, along with:
Some reputed healthcare places near Tarapur include JJ Hospital Mumbai, and others:
You can access Ostwal Empire Mall and Chitralaya Shopping Centre easily from Tarapur mumbai. Some more include:
These localities are located around Tarapur:
Here are some of the major employment centres near Tarapur:
The popular landmarks within Tarapur are:


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Karandikar LifeSpaces is the real estate arm of the Karandikar Group, which was started by Arch. Vilas Karandikar in 1984. Karandikar Group, primarily known for its cinema multiplexes, began under the brand name “Cinema Multiplexes”. Currently the multiplexes are operational at the prime locations of Ahmednagar, Baramati, Phaltan and Indapur. More than two decades after the establishment of Karandikar Group, the company diversified into the construction business. Er. Vikram Karandikar and Mr. Tejas Karandikar, sons of Mr. Vilas Karandikar, have taken the construction arm of the group to the heights of unlimited possibilities. In 15 years, Karandikar Lifespaces have been the proud developers of 5,00,000 sq.ft. or half-a-million sq.ft. in real estate construction. The name is now synonymous with quality and timeliness. With the motto of “Right product at the right price to the right customer at their preferred location”, Karandikar Life Spaces has successfully executed various residential and commercial projects throughout Pune. The stamp of their experience and expertise is visible to one and all.
