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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.

Shivaji Park is an upscale residential locality in South-Central Mumbai bordered by Dadar West, Mahim, and Prabhadevi. The pin code of Shivaji Park is 400028. This quiet coastal neighborhood is home to traditional Maharashtrian families and features the massive Shivaji Park ground. Residents send children to Bombay Scottish School and visit Hinduja Hospital for medical care. Dadar Metro Station on Metro Line 3 is located one kilometer away from the area. Key roads like Lady Jamshedji Road link to Dadar Railway Station in ten minutes. Property rates range from Rs. 45,000 to Rs. 65,000 per sq ft for premium apartments. High redevelopment demand and sea views drive this market.
| Locality | Property Price per sq ft* |
|---|---|
| Shivaji Park mumbai | Rs. 45,000 to Rs. 65,000 |
| Configuration | Average Rental Rate* |
|---|---|
| 1 BHK for rent | Rs. 40,000 to Rs. 55,000 |
| 2 BHK for rent | Rs. 65,000 to Rs. 90,000 |
| 3 BHK for rent | Rs. 1,00,000 to Rs. 1,50,000 |
Shivaji Park remains a highly coveted residential destination in South-Central Mumbai. The locality has experienced steady capital appreciation, with property values growing by 5.0% over the past year. Buyers can expect average purchase prices ranging from Rs. 45,000 to Rs. 65,000 per sq ft. The rental market is also strong, showing a significant 13.3% growth in the same period. Monthly rental rates for apartments generally range between Rs. 45,000 and Rs. 1,20,000. This upward trend is driven by the ongoing redevelopment of older buildings and the upcoming coastal road project. (* As of August 22, 2026)
Here are some of the important landmarks holding historical and cultural importance:
Sena Bhavan is a prominent landmark in Shivaji Park. Some more include:
Shivaji Park is well-connected through Lady Jamshedji Road and the following roads:
Dadar Metro Station on Metro Line 3 is the closest public transit option, located 1.0 km away. Some more include:
The nearest railway station and airport are Dadar Railway Station, which is located 1.5 km away, and others:
Shivaji Park is well-equipped with top educational institutions, such as Ruparel College and Bombay Scottish School, along with:
Some reputed healthcare places near Shivaji Park include P. D. Hinduja Hospital, and others:
You can access Kohinoor Square and Star Mall easily from Shivaji Park mumbai. Some more include:
These localities are located around Shivaji Park:
Here are some of the major employment centres near Shivaji Park:
The popular landmarks within Shivaji Park are:


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