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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.

Shahad is an industrial and residential locality in eastern metropolitan Mumbai, bordering Kalyan and Ulhasnagar. The pin code of Shahad is 421103. This quiet suburb houses industrial workers and middle-class families, featuring the famous Birla Temple as a major landmark. Residents frequently access Laxman Devram Sonawane College and Aayush Multispeciality Hospital for their daily needs. Kalyan Metro Station on the Orange Line 5 is the nearest planned metro station, located 4 km away. Kalyan-Murbad Road links the area, allowing a 5-minute travel time to Shahad Railway Station. Average property rates range from Rs. 5,200 to Rs. 7,200 per sq ft. Affordable 1 BHK apartments drive local housing demand. Many buyers choose this area for its budget-friendly options.
As of August 22, 2026, the property rate in Shahad ranges between Rs. 5,200 to Rs. 7,200 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Shahad mumbai | Rs. 5,200 to Rs. 7,200 |
*The property rate is subject to change.
As of August 22, 2026, the rental cost in Shahad is between Rs. 8,000 and Rs. 18,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 8,000 to Rs. 11,000 |
| 2 BHK for rent | Rs. 12,000 to Rs. 15,000 |
| 3 BHK for rent | Rs. 16,000 to Rs. 18,000 |
*The rental rate is subject to change.
Shahad property market shows steady growth driven by its industrial base and railway access. The residential sector recorded a buyer price appreciation of 2.7% over the past year, pushing average property rates to a range of Rs. 5,200 to Rs. 7,200 per sq ft. Simultaneously, the rental market experienced a significant surge of 27.3% in demand, with monthly rents now ranging between Rs. 8,000 and Rs. 18,000 depending on the apartment size. This upward trend reflects the growing preference of middle-class families seeking affordable housing options near major employment hubs. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Birla Temple Shahad is a prominent landmark in Shahad. Some more include:
Shahad is well-connected through Kalyan-Murbad Road and the following roads:
Kalyan Metro Station on the Orange Line 5 is the closest public transit option, located 4 km away. Some more include:
The nearest railway station and airport are Shahad Railway Station, which is located 0.5 km away, and others:
Shahad is well-equipped with numerous top educational institutions, such as Laxman Devram Sonawane College and Century Rayon High School, along with:
Some reputed healthcare places near Shahad include Aayush Multispeciality Hospital, and others:
You can access Metro Junction Mall and Spring Avenue Mall easily from Shahad mumbai. Some more include:
These localities are located around Shahad:
Here are some of the major employment centres near Shahad:
The popular landmarks within Shahad are:


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Shanklesha Constructions has been been one of the most premium real estate developer in India since its inception. It has firmly established itself as one of the leading and successful developers of real estate in India by imprinting its mark across all the classes. With years of market experience and a rich bag of clients, it has provided its customers a rich living experience with the best housing infrastructure.
