Property Rates in Shivaji Park, Mumbai 2026

Property prices in Shivaji Park have shown a mixed trajectory over the last few quarters. While the average asking price stood at ₹56,100 per sq ft in June 2026, it remained stable from March 2026, following a decline from ₹59,000 per sq ft in December 2025. This fluctuation highlights the importance of monitoring quarterly data to understand the shifting dynamics of this high-value market.

Shivaji Park, with an average asking price of ₹56,100 per sq ft as of June 2026, sits among the premium localities in the area. For comparison, neighbouring Dadar West commands a higher average of ₹57,200 per sq ft, which has appreciated by 3.19%, while areas like Matunga West and Dadar East are priced lower at ₹48,950 per sq ft and ₹46,200 per sq ft, respectively. These variations allow buyers to choose between different lifestyle and budget points within the same micro-market.

As of June 2026, Ready To Move properties in Shivaji Park are priced at an average of ₹52,850 per sq ft, having appreciated by 8.12%. In contrast, Under Construction projects are currently priced higher at ₹54,700 per sq ft, which represents an appreciation of 6.36%. This premium on under-construction units often reflects the value of modern amenities and newer building standards in the current market.

The average rental yield in Shivaji Park is 3.70% as of June 2026. For investors, this yield represents the annual return on investment from rental income relative to the property's capital value. While the average rental rate is ₹173 per sq ft, which has seen a depreciation of 1.7%, a yield of 3.70% provides a baseline for evaluating the income-generating potential of residential assets in this established neighbourhood.

Rental rates in Shivaji Park vary significantly by unit size as of June 2026. Studio apartments command an average of ₹35,000 per month, while 1 BHK units average ₹64,300 per month. Larger configurations see higher demand, with 2 BHK units averaging ₹1.1 Lakh per month and 3 BHK units reaching an average of ₹2.09 Lakh per month. These figures help tenants and landlords align their expectations with the current market supply.

As of June 2026, the top projects by rental rates in Shivaji Park include Siddhi Vinayak Shivaji Park at ₹184 per sq ft, Amrut Meraki at ₹173 per sq ft, and Dipti Ocean Terraces at ₹161 per sq ft. These projects are among the most sought-after for renters, though their rental performance varies; for instance, Dipti Ocean Terraces has seen an appreciation of 10.27%, whereas Siddhi Vinayak Shivaji Park saw a depreciation of 8.46% in its rental rate.

The average asking price in Shivaji Park is ₹56,100 per sq ft as of June 2026, while the Government Registration Rate is recorded at ₹31,700 per sq ft for the period of August 2025 to July 2026. This gap between the market-driven asking price and the government-notified rate is common in premium localities and is a key factor for buyers to consider when calculating total acquisition costs and stamp duty implications.

As of June 2026, Sugee Samruddhi is one of the premium projects in Shivaji Park with a listing rate of ₹72,150 per sq ft, despite a depreciation of 5.89%. Other notable high-value projects include Dipti Ocean Terraces at ₹60,800 per sq ft, which has seen a significant appreciation of 56.8%, and Siddhi Vinayak Shivaji Park at ₹59,800 per sq ft, which has remained stable.

Buyers should use the property rate data for Shivaji Park to benchmark their budget against current market averages and identify trends in property status. With an average asking price of ₹56,100 per sq ft as of June 2026, investors should look at the appreciation or depreciation percentages—such as the 8.12% appreciation in Ready To Move units—to gauge whether a specific segment is gaining or losing value. Always compare these figures against the Government Registration Rate to understand the full financial commitment required for a purchase.