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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.

Sidhi Vinayak Nagar is a quiet residential locality situated in the western suburbs of Mumbai, bordered by Shimpoli and Chikuwadi. The pin code of Sidhi Vinayak Nagar is 400092. This middle-class neighborhood features low-rise apartments and is known for the peaceful Shimpoli Road area. Families here send children to Witty International School and visit Phoenix Hospitals for medical needs. Kandivali West Metro Station on the Yellow Line 2A is located 1.5 km away. Link Road provides access to Borivali Railway Station within a 12-minute drive. Property rates in 2026 range from Rs. 18,000 to Rs. 24,000 per sq ft, dominated by 1 BHK and 2 BHK apartments, driven by affordable rental options.
As of August 22, 2026, the property rate in Sidhi Vinayak Nagar ranges between Rs. 18,000 to Rs. 24,000 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Sidhi Vinayak Nagar mumbai | Rs. 18,000 to Rs. 24,000 |
As of August 22, 2026, the rental cost in Sidhi Vinayak Nagar is between Rs. 11,000 and Rs. 28,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 11,000 to Rs. 15,000 |
| 2 BHK for rent | Rs. 18,000 to Rs. 22,000 |
| 3 BHK for rent | Rs. 24,000 to Rs. 28,000 |
This residential pocket attracts middle-income buyers looking for budget-friendly housing in the western suburbs. Property values experienced a decline of 10.0% in 2026 after substantial growth in previous years. Average buyer prices now range between Rs. 18,000 per sq ft and Rs. 24,000 per sq ft. Meanwhile, the rental market remains strong with a steady growth rate of 8.3% in 2026. Monthly rental rates for typical apartments range from Rs. 11,000 to Rs. 28,000 depending on the configuration. Steady tenant demand from office goers keeps the rental yields stable. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Siddhivinayak Temple Shimpoli is a prominent landmark in Sidhi Vinayak Nagar. Some more include:
Sidhi Vinayak Nagar is connected through Link Road and the following roads:
Kandivali West Metro Station on the Yellow Line 2A is the closest public transit option, located 1.5 km away. Some more include:
The nearest railway station and airport are Borivali Railway Station, which is located 2.5 km away, and others:
Sidhi Vinayak Nagar features numerous top educational institutions, such as Witty International School and Pawar Public School, along with:
Some reputed healthcare places near Sidhi Vinayak Nagar include Phoenix Hospitals Pvt. Ltd., and others:
You can access Raghuleela Mega Mall Kandivali West and Zoom Plaza Mall easily from Sidhi Vinayak Nagar mumbai. Some more include:
These localities are located around Sidhi Vinayak Nagar:
Here are some of the major employment centres near Sidhi Vinayak Nagar:
The popular landmarks within Sidhi Vinayak Nagar are:


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