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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.

Shedung is a developing residential locality situated near Panvel in Navi Mumbai, bordering Palaspe, Shirdhon, and Somatane. The pin code of Shedung is 410206. This peaceful semi-urban area houses industrial workers and families near the Mumbai-Pune Expressway Toll Plaza. Residents study at Pillai HOCL School and visit Lifeline Hospital in Panvel for medical needs. Belapur CBD Metro Station on Line 1 is the nearest metro option located 16 km away. The Old Mumbai-Pune Highway links the area to Panvel Railway Station in 15 minutes. Property rates average Rs. 5,200 to Rs. 6,800 per sq ft for apartments. This demand is driven by the upcoming Navi Mumbai Airport.
As of August 22, 2026, the property rate in Shedung ranges between Rs. 5,000 to Rs. 6,500 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Shedung mumbai | Rs. 5,000 to Rs. 6,500 |
As of August 22, 2026, the rental cost in Shedung is between Rs. 5,000 and Rs. 13,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 5,000 to Rs. 7,000 |
| 2 BHK for rent | Rs. 8,000 to Rs. 10,000 |
| 3 BHK for rent | Rs. 11,000 to Rs. 13,000 |
Real estate values in this micro-market show steady growth due to infrastructure developments. Property buyers can find apartments priced from Rs. 5,000 to Rs. 6,500 per sq ft. The locality has experienced a capital appreciation of approximately 8.1% over the past year. Rental properties are also seeing demand, with monthly rents ranging from Rs. 6,000 to Rs. 12,000. This growth is driven by the upcoming international airport and improved road links. Investors find the entry prices attractive compared to central Panvel. The area remains a preferred choice for budget-conscious buyers seeking long-term capital gains. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Shedung Toll Plaza is a prominent landmark in Shedung. Some more include:
Shedung is well-connected through Mumbai-Pune Expressway and the following roads:
Belapur CBD Metro Station on the Line 1 is the closest public transit option, located 16 km away. Some more include:
The nearest railway station and airport are Panvel Railway Station, which is located 8 km away, and others:
Shedung is well-equipped with numerous top educational institutions, such as Pillai HOCL School and St. Wilfred's School, along with:
Some reputed healthcare places near Shedung include Lifeline Hospital Panvel, and others:
You can access Orion Mall Panvel and K-Mall Panvel easily from Shedung mumbai. Some more include:
These localities are located around Shedung:
Here are some of the major employment centres near Shedung:
The popular landmarks within Shedung are:


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