Sports
- Kids' Play Areas / Sand Pits
₹2.10 Cr - 4.71 Cr
₹34,050 Per Sq. Ft.
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.
View the latest price list for Shankar Vihar.
*Prices are indicative and subject to applicable charges and project terms.
Shankar Vihar's average asking price is cooling quarter-on-quarter, compared with Chembur.
Shankar Vihar avg. price is ₹ 34.2 K/Sq.Ft. compared to Chembur at ₹ 34.3 K/Sq.Ft.
Monthly Rent in Chembur ranges from ₹ 31.4 K to ₹ 4.8 L with options available for STUDIO,1,2,3,4,5 BHK units
Get the latest price and market updates for Shankar Vihar.
The Mumbai Metropolitan Region Development Authority (MMRDA) is facing a potential financial hit of ₹250 crore due to a design and construction flaw on the Metro 7A corridor. This issue, related to height restrictions near the airport, could lead to demolition and reconstruction, impacting the project's timeline and budget.
CM Devendra Fadnavis inaugurated Phase 2 of the Santacruz-Chembur Link Road (SCLR) & the Chembur Metro Station under Metro Line 2B,The SCLR Phase 2 is expected to strengthen the road network between Mumbai's western and eastern suburbs, improving east-west connectivity.
Mumbai is set to develop 27 underground parking facilities, one in each administrative ward, to alleviate the severe parking shortage. This project, backed by the BMC Budget 2026-27, will create parking beneath existing gardens and playgrounds, reducing roadside parking and traffic congestion.
Mumbai's monorail services are set to resume soon after a nine-month suspension, following approval from the Maharashtra government for safety improvements and fare revisions. MMRDA has proposed increased ticket prices. The monorail, which previously carried around 18,000 passengers daily, will offer improved services after safety upgrades.
MMRDA has presented a surplus budget of ₹48,072 crore, with 87% allocated to infrastructure projects, including roads, public transport, and urban development. A notable provision of ₹4,000 crore is earmarked for the development of Mumbai 3.0 New Town, aiming for planned urban expansion.
The Mumbai Metropolitan Region Development Authority (MMRDA) will inaugurate Metro Line 2B (Phase I) and Metro Line 9 (Phase I), and conduct the bhoomipujan for the Thane–Borivali Twin Tunnel project and the pod taxi system in Bandra Kurla Complex (BKC) on April 7. These projects aim to significantly reduce travel time, ease congestion, and improve connectivity across Mumbai's suburbs.
During Q1'2026, average property prices for Shankar Vihar moved from ₹ 34,050/sqft to ₹ 34,650/sqft, reflecting a 1.76% rise.
Maharashtra Deputy Chief Minister Eknath Shinde stated that the state government is prioritizing the resolution of traffic congestion in Thane through key infrastructure projects like the Coastal Road and elevated corridors. These projects are progressing steadily and are expected to significantly improve traffic flow.
MMRDA plans to extend the Eastern Freeway, significantly reducing travel time between Mumbai and Thane to approximately 25 minutes. This project aims improve connectivity to commercial and residential hubs, of the Mumbai Metropolitan Region. The extension will connect the Eastern Freeway with the Thane-Belapur Road, facilitating smoother access to vital commercial and residential areas.
Four companies have been shortlisted for the operations and maintenance contract for the Mumbai Monorail's Sant Gadge Maharaj Chowk–Chembur arm. This is part of a system-wide overhaul, including a signalling upgrade and deployment of new rakes, aiming to reopen the system by April 2026 and improve its efficiency and reliability.
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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.