These are the latest property rates in Shivaji Park, Mumbai — the heritage low-rise quarter of Dadar West around the maidan, Ranade Road, Kelkar Road and the Mahim Bay sea front — with price estimates, rental figures and how Shivaji Park compares with its neighbours.
Estimated Property Prices in Shivaji Park
Independent research puts property rates in Shivaji Park in a wide ₹39,800–70,650/sq.ft carpet band. The ₹52,000 headline is a blend — well above the ₹20,000 figure carried on older indices, which reflected a citywide-average fallback rather than this locality.
Older low-rise societies and redevelopment-stage buildings trade ₹40,000–50,000; new and sea-view towers — Sugee, Kohinoor and similar — run ₹60,000–78,000. The parent locality Dadar West averages about ₹54,000–55,000.
Rental Rates in Shivaji Park
From independent market research, not Asraa Realty’s own rental listings. Long-settled Maharashtrian families dominate ownership, so the rental pool is small. Against the sale figure for property rates in Shivaji Park, gross yield works out near 2.8–3.2%.
Shivaji Park Property Price Trend
Modelled from Dadar West’s published appreciation (about +8% over the last year) and Shivaji Park’s own listing band — roughly +18% over three years and an estimated +30% over five, helped by redevelopment.
Points are shaped from published data for the wider Dadar West market; treat the recent property rates in Shivaji Park as indicative.
Estimate Your Property’s Value
Enter the carpet area and configuration of a property in Shivaji Park 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) — a sea-view tower unit in Shivaji Park trades well above this range.
This is a quick estimate using this locality’s researched transaction and asking rates. For a precise, property-specific valuation, get an exact valuation.
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Shivaji Park & Neighbouring Localities
| Locality | Rate | vs Shivaji Park |
|---|---|---|
| Prabhadevi | ₹64,000 | +23% |
| Dadar West | ₹55,000 | +6% |
| Shivaji Park (this locality) | ₹52,000 | — |
| Mahim West | ₹48,000 | -8% |
Prabhadevi, Dadar West and Mahim West are all independently researched and cross-verified as of 6 September 2026.
Shivaji Park is a pocket of Dadar West and trades just below the wider Dadar West average, its low-rise heritage stock offset by sea-view redevelopment towers that overlap Prabhadevi.
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Chat on WhatsApp or call +91 96199 73211About Shivaji Park
Shivaji Park is the low-rise heritage heart of Dadar West, laid out around the 28-acre maidan — the cradle of Mumbai cricket and the site of major political rallies — with Ranade Road, Kelkar Road, Gokhale Road and the Mahim Bay sea-face promenade around it.
It is one of the city’s most established Maharashtrian neighbourhoods: three- and four-storey cooperative societies from the 1930s–60s, tightly held by long-settled families, now dotted with sea-view redevelopment towers by Sugee, Kohinoor and others.
At about ₹52,000/sq.ft, property rates in Shivaji Park are far above the ₹20,000 figure on older indices — a citywide-average fallback, not a real local rate. Independent research shows a ₹39,800–70,650 band.
Older low-rise and redevelopment-stage stock trades ₹40,000–50,000; new and sea-view towers ₹60,000–78,000. An indicative transaction benchmark is around ₹38,000/sq.ft.
Shivaji Park is residential, with the maidan, schools and Ranade Road retail its focus; rates here are residential.
What Affects Prices in Shivaji Park
Frequently Asked Questions
Common questions about property rates in Shivaji Park, covering residential and rental figures.
What is the current property rate in Shivaji Park?
The blended asking rate for property rates in Shivaji Park is around ₹52,000 per sq.ft carpet area (as of mid-2026). Independent research shows a wide ₹39,800–70,650 band.
Older and redevelopment-stage stock trades ₹40,000–50,000; new sea-view towers ₹60,000–78,000. An indicative transaction benchmark is around ₹38,000 per sq.ft.
Why did older data show Shivaji Park at only ₹20,000/sq.ft?
That figure was a citywide-average fallback, not a researched local rate — the kind of placeholder that appears when a locality has no direct data feed. Shivaji Park is a premium heritage pocket of Dadar West and has never traded anywhere near ₹20,000.
The corrected ₹52,000 blend is based on independent research and the wider Dadar West market.
What is the price range for a flat in Shivaji Park?
Based on current market listings, a 2 BHK in Shivaji Park is typically ₹3.50–6.50 Cr, a 3 BHK ₹6.00–14.00 Cr, and a 4 BHK or larger anywhere from ₹14.00 Cr upwards on a carpet-area basis.
Sea-view redevelopment towers sit at the top of these ranges.
What is the average rent in Shivaji Park?
Based on independent market research, monthly rent runs roughly ₹90,000–1.60 Lakh for a 2 BHK, ₹1.60–3.50 Lakh for a 3 BHK, and ₹3.50–7.00 Lakh for a 4 BHK or larger. The rental pool is small, and gross yield is near 2.8–3.2%.
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 and the wider Dadar West market, not guaranteed or a substitute for a professional valuation.
Asraa Realty separately began recording its own monthly rate snapshot for this locality on 6 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, BHK and rental figures — are drawn from independent published research, government records and the wider Dadar West market, not generated by Asraa Realty.
All figures are on a carpet-area basis, per RERA’s mandatory quoting requirement. The ₹52,000 headline is a blend of Shivaji Park’s ₹39,800–70,650 listing band and the Dadar West average of about ₹54,000–55,000; the ₹20,000 figure on older indices was a citywide-average fallback and is not used.
Locality-level appreciation for Shivaji Park is modelled from Dadar West’s published figures; treat the trend as indicative.
The Ready Reckoner shown is the published Dadar West band, with Shivaji Park near the top. Use the enquiry form above for a precise, property-specific estimate.
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