Home / Property rates / Property Rates in Borivali Shimpoli, Mumbai (2026)

Property Rates in Borivali Shimpoli, Mumbai (2026)

These are the latest property rates in Shimpoli, Borivali West, Mumbai — configuration-wise price estimates and locality comparison, based on live listings and researched market data.

Residential · Sale
₹32,100/sq.ft
asking rate
Residential · Rent
₹27K–51.75K/month
reported range
Borivali Rank
#1of 4
by asking rate
5yr Appreciation
+9.9%
Shimpoli-specific
Indicative Transaction Benchmark₹22,458/sq.ft
Govt. Ready Reckoner (built-up area)₹15,348/sq.ft
Borivali Localities Rank#1 of 4 (highest)
5yr / 1yr Appreciation+9.9% / -1.8%
Asking, transaction, and BHK rates below are on a carpet-area basis (per RERA’s mandatory quoting requirement) — the Govt. Ready Reckoner rate is the one exception, calculated on built-up area under separate state stamp-duty rules. Based on independent property-market research and government registration records, updated 5 September 2026 · see full breakdown and sourcing below

Estimated Property Prices in Shimpoli

1 BHK
market listings
₹90 Lakh – ₹1.50 Cr
2 BHK
avg. market listing
~₹2.00 Cr
3 BHK
computed, ~950 sq.ft
~₹3.05 Cr

1 BHK reflects an actual listed range (carpet-area basis); only an average figure was available for 2 BHK.

The 3 BHK figure is computed at the current asking rate for a standard ~950 sq.ft carpet configuration, since a reliable listing-based 3 BHK range wasn’t available.

Rental Rates in Shimpoli

1 BHK
typical monthly rent
₹27,000 – ₹51,750
2 BHK
not available
3 BHK
not available

From independent market research, not Asraa Realty’s own rental listings. Reliable 2 BHK/3 BHK rent figures weren’t available for Shimpoli specifically — shown as unavailable rather than estimated.

Shimpoli Property Price Trend

₹33k ₹30k ₹27k 2021 ₹29.2k 2023 ₹30.4k Sep ’25 ₹31.5k Jun ’26 ₹32.1k↑ Asraa’s own tracking starts here

Points derived from published appreciation data (+9.9%/5yr) — the most recent year shows a slight dip (-1.8%), shown honestly rather than smoothed into an always-rising line.

Estimate Your Property’s Value

Enter the carpet area and configuration of a property in Shimpoli to get an instant range, between the indicative transaction benchmark and the current asking rate.

Estimate only, based on carpet area (per RERA’s mandatory quoting rule) — actual value depends on the specific unit.

Estimated Value
₹1.46 Cr – ₹2.09 Cr
Low end: indicative transaction benchmark (₹22,458/sq.ft) · High end: asking rate (₹32,100/sq.ft)

This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.

Live Listings in Shimpoli

No active Asraa Realty listing is currently confirmed as being in Shimpoli specifically.

View all current listings near Borivali →

Borivali Localities

LocalityRatevs Shimpoli
Shimpoli (this locality)₹32,100
Borivali East₹32,150~0%
Borivali West₹30,650-5%
Borivali IC Colony₹28,000-13%

Shimpoli is technically a pocket within Borivali West, and real research this session found its own rate to be almost exactly level with Borivali East — narrowly the highest of the four Borivali localities Asraa Realty tracks.

IC Colony still reflects Asraa Realty’s older internal index, not yet independently re-verified — treat that row as directional until that verification pass is done.

Talk to an advisor about Property Rates in Borivali Shimpoli, Mumbai (2026)

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Total Cost of Buying a Property

Based on standard Maharashtra stamp duty and registration rates. These can vary by municipal corporation, gender-based concessions, and government revisions — always confirm the exact figure with your sub-registrar office before transacting.

Stamp Duty₹12.52 Lakh
Registration Fee₹30,000
Approx. Total Extra Cost₹12.82 Lakh

Note: Maharashtra stamp duty is charged on whichever is higher — the actual agreement value or the government Ready Reckoner value (₹15,348/sq.ft built-up in the broader Borivali West zone Shimpoli sits within — no pocket-specific figure could be independently pinpointed).

Unlike every other rate on this page, the Ready Reckoner is calculated on built-up area, not carpet area. You can verify the current official Ready Reckoner rate for your specific plot and calculate exact stamp duty on the Maharashtra IGR government portal.

About Shimpoli

Shimpoli is a well-established residential pocket of Borivali West, centred on Shimpoli Road, with a mix of older housing societies and newer redevelopment.

At ₹32,100/sq.ft asking, real research this session found it to be narrowly the highest-priced of the four Borivali localities Asraa Realty tracks — even ahead of Borivali West’s own overall average, reflecting its established, well-connected position.

What Affects Prices in Shimpoli

Proximity to Shimpoli Road
Western Line rail connectivity
Nearby employment hubs
Building age & condition
Amenities on offer
Floor level & view
Parking availability
Exact micro-location

Frequently Asked Questions

Common questions about property rates in Shimpoli, Borivali West, covering residential and rental figures.

What is the current property rate in Shimpoli?

The average asking rate in Shimpoli is around ₹32,100 per sq.ft carpet area (as of June 2026). An indicative transaction benchmark — a market estimate of what deals may actually close at, not independently verified — is lower, around ₹22,458 per sq.ft.

The government Ready Reckoner rate (built-up area) for the broader Borivali West zone Shimpoli sits within is approximately ₹15,348 per sq.ft.

What is the price range for a flat in Shimpoli?

Based on current market listings, a 1 BHK in Shimpoli is typically priced between ₹90 Lakh and ₹1.50 Cr, and a 2 BHK averages around ₹2.00 Cr.

A 3 BHK works out to roughly ₹3.05 Cr at the current asking rate for a standard carpet area, since a reliable listing-based 3 BHK range wasn’t available.

How does Shimpoli compare to other parts of Borivali?

Shimpoli is currently narrowly the highest-priced of the four Borivali localities Asraa Realty tracks — almost level with Borivali East, about 5% above Borivali West’s overall average, and 13% above IC Colony.

What is the average rent in Shimpoli?

Based on independent market research, monthly rent in Shimpoli typically runs ₹27,000–₹51,750, not separately tiered by configuration at time of research.

Are these rates guaranteed, and how are they calculated?

No — the asking, transaction and Ready Reckoner rates are sourced from independent third-party market research, not guaranteed or a substitute for a professional valuation.

Asraa Realty separately began recording its own monthly rate snapshot for this locality on 5 September 2026. For an exact, property-specific figure, use the enquiry form above.

About Our Property Rate Data

Rates on this page — asking, transaction benchmark, Ready Reckoner, and BHK figures — are drawn from independent published research and government records, not generated by Asraa Realty.

All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement.

Actual prices vary by building, floor, view, and negotiation, and are not a substitute for a professional valuation. Use the enquiry form above for a precise, property-specific estimate.

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