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Shankar Vihar Chembur, Mumbai
About Shankar Vihar, Chembur by Heritage Group
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.
- Chembur Phatak Bus Stop is just 0.06 km away.
- Chembur Vidya Niketan High School is 0.16 km away.
- Aayush Eye Clinic & Lasik Center is 0.11 km away.
- Spice Laundry Restaurant is 0.26 km away.
- The Physio Planet Clinic is 0.10 km away.
- Kasturi FoundationS Paramedical Institute is 0.27 km away.
- Third Eye Fitness Gym is 0.16 km away.
- Thiruchembur Murugan Temple is 1.27 km away.
- Cotton Cottage is 0.24 km away.
- Mahavir Home Store is 0.18 km away. Govt. Registered Recent Transactions
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.
Shankar Vihar Floor Plans and Pricing
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2 BHK Apartment - 826 sq. ft. (Carpet Area)
coming soon
3 BHK Apartment - 837 sq. ft. (Carpet Area)
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3 BHK Apartment - 1101 sq. ft. (Carpet Area)
coming soon
4 BHK Apartment - 1366 sq. ft. (Carpet Area)
Shankar Vihar Price Trends and Market Insights
Price Trends
Shankar Vihar's average asking price is cooling quarter-on-quarter, compared with Chembur.
- Current asking price
- ₹ 33,750/sq.ft.
- Quarter over quarter price change
- -1.3% QoQ
Comparable Projects
Shankar Vihar avg. price is ₹ 33.8 K/Sq.Ft. compared to Chembur at ₹ 34.2 K/Sq.Ft.
Rentals
Monthly Rent in Chembur ranges from ₹ 29.3 K to ₹ 1.6 L with options available for STUDIO,1,2,3,4,5 BHK units
Recent Updates
Get the latest price and market updates for Shankar Vihar.
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MMRDA and UCL Partner for AI-Driven Climate Resilience in Mumbai's Infrastructure
MMRDA and University College London (UCL) have signed an MoU to explore a long-term partnership focused on climate-resilient urban systems. This collaboration will leverage artificial intelligence, digital twins, and climate-risk modelling to predict and manage infrastructure failures, aiming to enhance the resilience of roads, transport networks, and utilities against climate risks like flooding and extreme weather.
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BMC Plans Wider Footpaths on 30 Eastern Suburban Roads
The Brihanmumbai Municipal Corporation (BMC) announced plans to redesign footpaths and road peripheries on 30 roads in the eastern suburbs. This initiative aims to significantly improve walkability for residents, following successful encroachment removal.
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During Q1'2026, average property prices for Shankar Vihar moved from ₹ 34,050/sqft to ₹ 34,650/sqft, reflecting a 1.76% rise.
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A total of 9 out of 32 launched units have been booked as of December 2025, including 33% of 2 BHK(7 out of 21 units), 100% of SHOP TYPE 1(1 units), SHOP TYPE 2(1 units).
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Structural Works reach 80% completion, External Works has reached 90%, Internal finishing stands at 85%, MEP Services including lift and staircases, are now 93% done.
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A total of 9 out of 32 launched units have been booked as of May 2025, including 33% of 2 BHK(7 out of 21 units), 100% of SHOP TYPE 1(1 units), SHOP TYPE 2(1 units).
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Structural Works reach 78% completion, External Works has reached 70%, Internal finishing stands at 75%, MEP Services including lift and staircases, are now 78% done.
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Structural Works reach 78% completion, External Works has reached 60%, Internal finishing stands at 70%, MEP Services including lift and staircases, are now 70% done.
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A total of 8 out of 32 launched units have been booked as of June 2024, including 29% of 2 BHK(6 out of 21 units), 100% of SHOP TYPE 1(1 units), SHOP TYPE 2(1 units).
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External Works has reached 90%, Internal finishing stands at 95%, MEP Services including lift and staircases, are now 95% done.
Amenities & Specifications of Shankar Vihar
Sports
- Kids' Play Areas / Sand Pits
Convenience
- Power Backup
- 24*7 Water Supply
- Lift
Safety
- 24 x 7 Security
Environment
- Normal Park / Central Green
Leisure
- Indoor Games
Specifications
- 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
Location and Connectivity Around Heritage Group Chembur

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Trust & Verification
RERA Details of Shankar Vihar
P51800018909
Redevelopment Of Shankar Vihar Chs Ltd
Rera Url:
- Square Yards RERA Reg. A51800000454
How does Shankar Vihar compare with similar projects?
Heritage Group Track Record
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.
Frequently Asked Questions About Shankar Vihar
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.