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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.

Shelu is a quiet residential suburb in the eastern periphery of Mumbai, bordering Karjat and Neral. The pin code of Shelu is 410101. It has a peaceful, green character and mostly houses working-class families near the Shelu Railway Station. Residents travel to M.H. Saboo Siddik College of Engineering and JJ Hospital Mumbai for education and healthcare. Kalyan Metro Station on Orange Line 5 is the nearest metro option at 32 km away. Karjat Road links the area, and residents reach Shelu Railway Station in under five minutes. Property rates range from Rs. 2,600 to Rs. 3,400 per sq ft, featuring affordable flats for budget buyers.
As of August 22, 2026, the property rate in Shelu ranges between Rs. 2,600 to Rs. 3,400 per square foot for apartments.
| Locality | Property Price per sq ft* |
|---|---|
| Shelu mumbai | Rs. 2,600 to Rs. 3,400 |
As of August 22, 2026, the rental cost in Shelu is between Rs. 3,000 and Rs. 8,000 monthly for 1 to 3 BHK apartments.
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 3,000 to Rs. 4,500 |
| 2 BHK for rent | Rs. 5,000 to Rs. 6,500 |
| 3 BHK for rent | Rs. 7,000 to Rs. 8,000 |
Shelu is positioned as an affordable residential destination in the extended Mumbai suburbs. The locality has seen steady capital appreciation, with property prices growing by 2.7% over the past year. Buyers can find apartments priced between Rs. 2,600 and Rs. 3,400 per sq ft. The rental market has experienced a significant surge, showing an 18.8% growth rate in the same period. Monthly rents for residential units range from Rs. 3,000 to Rs. 8,000. This growth is driven by improved rail connectivity and upcoming infrastructure projects in the Karjat region. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Shelu Railway Station is a prominent landmark in Shelu. Some more include:
Shelu is well-connected through Karjat Road and the following roads:
Kalyan Metro Station on the Orange Line 5 is the closest public transit option, located 32 km away. Some more include:
The nearest railway station and airport are Shelu Railway Station, which is located 0.5 km away, and others:
Shelu is well-equipped with numerous top educational institutions, such as Grant Government Medical College and M.H. Saboo Siddik College of Engineering, along with:
Some reputed healthcare places near Shelu include JJ Hospital Mumbai, and others:
You can access Kessel Mall and Karjat Shopping Centre easily from Shelu mumbai. Some more include:
These localities are located around Shelu:
Here are some of the major employment centres near Shelu:
The popular landmarks within Shelu are:


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