Mar 2026
During Q1'2026, average property prices for Shankar Vihar moved from ₹ 34,050/sqft to ₹ 34,650/sqft, reflecting a 1.76% rise.
Mumbai
Introducing Shankar Vihar, a residential extravaganza in Chembur, strategically located near prominent connecting roads such as Eastern Express Highway and Mumbai Pune National Highway, making it easily accessible from various parts of the city. With the reassurance of a RERA registered project (P51800018909), you can rest assured of a well-planned and well-structured living experience. The project offers a plethora of amenities to elevate your lifestyle, including kids play areas and sand pits for a fun-filled childhood and power backup to ensure seamless living.
Designed with comfort and luxury in mind, the project boasts of high-quality specifications that set a new standard for residential living in the area. The attention to detail is evident in the master bedroom walls, finished with oil-bound distemper, creating a warm and inviting atmosphere. Whether youre looking for a cozy retreat or a space to entertain, Shankar Vihar has it all.
From 611 Sq. Ft. to 1366 Sq. Ft., Shankar Vihar offers a range of 2, 3, and 4 BHK apartments, each meticulously designed to cater to your unique needs and preferences. So why wait? Come and experience the epitome of residential excellence at Shankar Vihar.
Available Unit OptionsThe following table outlines the available unit options at Shankar Vihar:
| Unit Type | Area (Sq. Ft.) |
| 2 BHK Apartment | 611 Sq. Ft. |
| 2 BHK Apartment | 826 Sq. Ft. |
| 3 BHK Apartment | 837 Sq. Ft. |
| 3 BHK Apartment | 1101 Sq. Ft. |
| 4 BHK Apartment | 1366 Sq. Ft. |
The residential property is strategically located near several notable landmarks, providing residents with easy access to essential amenities and services. These landmarks not only enhance the quality of life for residents but also offer a unique blend of convenience and comfort.
Studying the government-registered recent transactions in the residential property market, it is evident that the current rate of 19,403 reflects a diverse picture across different time frames. Over a three-month period, the price movement shows a decline of 156, implying a slight softening in the market. Meanwhile, the six-month aggregate exhibits a more moderate decline of 927, indicating a relatively stable market. In contrast, the one-year perspective reveals a more positive trend, with an increase of 689, reflecting a growing demand for residential properties in the area.
| Master Bedroom-Walls | Oil Bound Distemper |
| Master Bedroom-Flooring | Vitrified Tiles |
| Other Bedrooms-Flooring | Vitrified Tiles |
| Walls | Oil Bound Distemper |
| Living Area-Flooring | Vitrified Tiles |
| Structure | RCC Frame Structure |
Insights based on nearby schools, healthcare, connectivity, workplaces and everyday infrastructure.
Beyond education and healthcare access, nearby parks and everyday conveniences can support a more comfortable family lifestyle.
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Connecting Roads - Shankar Vihar
Price Insights
Locality Snapshot
Great
+5 More
Chembur Railway Station and Chembur Monorail station are well connected to the locality
Concerning
+5 More
Waterlogging occurs during monsoons due to poor drainage system
Reviews (81)
Heritage Group, a renowned real estate developer based in Mumbai and Thane, has been in the industry for 28 successful years. Their journey began in 1994 with a focus on executing prestigious residential construction projects. As they evolved, they found their niche in the redevelopment of societies and soon became pioneers in this field.With their visionary approach, Heritage Group has been transforming buildings and creating a new lifestyle for both the existing apartment owners and new buyers. Their commitment to delivering beyond expectations has naturally made them the preferred partner for societies intending to undergo redevelopment in Chembur and beyond.While many builders followed suit in the redevelopment domain, Heritage group had already established itself and firmly positioned as the leading property redevelopment specialists. The name Heritage itself has come to symbolize quality and reliability, setting them apart in the industry.With expertise and core strength in the redevelopment of housing society projects, Heritage Group strives to create visually stunning landmarks in the premium housing segment. Guided by their values and driven by a growing goodwill among customers and associates, Heritage Group continues to set new benchmarks in the real estate landscape.
Shankar Vihar offers a range of amenities including kids play areas, power backup, 24 x 7 security, a central green park, and indoor games.
The developer of Shankar Vihar is Heritage Group, which has completed a total of 23 projects.
Shankar Vihar offers several configurations including 2 BHK apartments and 3 BHK apartments, with sizes ranging from 611 sq. ft. to 1366 sq. ft.
Yes, Shankar Vihar is RERA-registered with the registration number P51800018909.
The construction of Shankar Vihar is currently at the mid-stage.
Shankar Vihar is conveniently located near several landmarks, including Chembur Phatak bus stop (0.06 km), Chembur Vidya Niketan High School (0.16 km), and Aayush Eye Clinic (0.11 km).
This website is only for the purpose of providing information regarding real estate projects in different geographies. Any information which is being provided on this website is not an advertisement or a solicitation. The company has not verified the information and the compliances of the projects. Further, the company has not checked the RERA* registration status of the real estate projects listed herein. The company does not make any representation in regards to the compliances done against these projects. Please note that you should make yourself aware about the RERA* registration status of the listed real estate projects.
*Real Estate (regulation & development) act 2016.
