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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.

Madanpura is a densely populated residential locality in South Mumbai bordering Byculla, Agripada, and Nagpada. The pin code of Madanpura is 400008. This traditional neighborhood houses diverse working-class communities and features the historic Mastan Talao Playground. Residents frequently access St. Mary's ICSE School and Nair Hospital for their daily needs. Mahalaxmi Metro Station on Aqua Line 3 is the nearest transit point located 2 km away. Major routes like Maulana Azad Road link the area to Byculla Railway Station in 10 minutes. Buyers find compact apartments here. Property rates range from Rs. 22,000 to Rs. 32,000 per sq ft, driven by central location and redevelopment. Many families choose this area for its affordable housing options in South Mumbai.
| Locality | Property Price per sq ft* |
|---|---|
| Madanpura mumbai | Rs. 22,000 to Rs. 32,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 20,000 to Rs. 30,000 |
| 2 BHK for rent | Rs. 32,000 to Rs. 42,000 |
| 3 BHK for rent | Rs. 45,000 to Rs. 55,000 |
Madanpura property market shows steady growth due to its central South Mumbai location. Buyer interest has increased significantly, with property values appreciating by 14.3% in the last year. The average buying price in this locality ranges from Rs. 22,000 to Rs. 32,000 per sq ft. Meanwhile, the rental market experienced a correction of -28.6% recently after a massive surge in previous years. Monthly rental rates now range between Rs. 20,000 and Rs. 55,000 depending on the building age. Redevelopment projects continue to drive long-term capital appreciation in this traditional residential pocket. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Mastan Talao Playground is a prominent landmark in Madanpura. Some more include:
Madanpura is well-connected through Maulana Azad Road and the following roads:
Mahalaxmi Metro Station on the Aqua Line 3 is the closest public transit option, located 2 km away. Some more include:
The nearest railway station and airport are Byculla Railway Station, which is located 1.2 km away, and others:
Madanpura is well-equipped with numerous top educational institutions, such as St. Mary's ICSE, ISC & International School Mumbai and Grant Government Medical College, along with:
Some reputed healthcare places near Madanpura include Nair Hospital, and others:
You can access City Centre Mumbai and Orchid City Centre Mumbai easily from Madanpura mumbai. Some more include:
These localities are located around Madanpura:
Here are some of the major employment centres near Madanpura:
The popular landmarks within Madanpura are:


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Tamir Enterprises has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
