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The Real Estate (Regulation and Development) Act, 2016 is Act of the Parliament of India which seeks to protect buyers as well as help boost investments in the real estate industry. The Act came into force from 1 May 2016.

Shri Ram Nagar is a residential pocket in Andheri West, Mumbai, bordering Jogeshwari West and Oshiwara. The pin code of Shri Ram Nagar is 400058. The area has a middle-class residential character with families and working professionals living near Gilbert Hill. Residents often send children to Bhavan's College and visit CritiCare Asia Multispeciality Hospital for healthcare. D.N. Nagar Metro Station on Line 1 is the nearest transit point at 1.5 km. S.V. Road and Link Road link the area, making Andheri Railway Station a 10-minute drive. Average property rates range from Rs. 22,000 to Rs. 26,000 per sq ft for apartments, driven by commercial employment hubs nearby. This makes it a popular choice for middle-income buyers.
| Locality | Property Price per sq ft* |
|---|---|
| Shri Ram Nagar mumbai | Rs. 22,000 to Rs. 26,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 7,000 to Rs. 10,000 |
| 2 BHK for rent | Rs. 11,000 to Rs. 14,000 |
| 3 BHK for rent | Rs. 15,000 to Rs. 18,000 |
Property values in this micro-market have stabilized after a cumulative capital appreciation of 21.43% over the last few years. Buyers can expect apartment prices to range from Rs. 22,000 to Rs. 26,000 per sq ft. Meanwhile, the rental market has shown a strong recovery with a 14.3% growth rate in the recent year. Monthly rents now range between Rs. 7,000 and Rs. 18,000 depending on the configuration. This steady demand is supported by the short distance to commercial zones in Andheri West, making it a preferred choice for budget-conscious tenants and investors alike. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Gilbert Hill is a prominent landmark in Shri Ram Nagar. Some more include:
Shri Ram Nagar is well-connected through S.V. Road and the following roads:
D.N. Nagar Metro Station on the Line 1 is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Andheri Railway Station, which is located 2 km away, and others:
Shri Ram Nagar is well-equipped with numerous top educational institutions, such as Bhavan's College and Valia College, along with:
Some reputed healthcare places near Shri Ram Nagar include CritiCare Asia Multispeciality Hospital, and others:
You can access Shoppers Stop Ltd - Andheri and Alfa stores easily from Shri Ram Nagar mumbai. Some more include:
These localities are located around Shri Ram Nagar:
Here are some of the major employment centres near Shri Ram Nagar:
The popular landmarks within Shri Ram Nagar are:


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