Shah and Nahar Industrial Estate
Summary
Shah and Nahar Industrial Estate is a residential building in Lower Parel, Mumbai. Property Butler tracks a median asking price of ₹19,836/sqft, with units in the ₹1.56 Cr – ₹2.02 Cr range across 696–1,725 sqft configurations. Gross rental yield is around 5.9%. Pricing is based on 44 verified transactions.
Where is Shah and Nahar Industrial Estate located?
Shah and Nahar Industrial Estate is in Lower Parel, Mumbai.
What is the price of a flat in Shah and Nahar Industrial Estate?
Property Butler tracks a median asking price of ₹19,836/sqft for Shah and Nahar Industrial Estate, with units in the ₹1.56 Cr – ₹2.02 Cr range (696–1,725 sqft).
What rental yield does Shah and Nahar Industrial Estate offer?
Shah and Nahar Industrial Estate offers an approximate gross rental yield of 5.9%, based on Property Butler's tracked rents versus asking prices.
How does Shah and Nahar Industrial Estate compare to Lower Parel pricing?
Shah and Nahar Industrial Estate is priced 79% below the Lower Parel top-5 building average of ₹95,271/sqft.
Median PSF (12m)
₹19,836
PSF Range (P10-P90)
₹19,285 – ₹20,388
Price Range (12m)
₹1.56 Cr – ₹2.02 Cr
Avg Rent
₹5.5L/mo
Transactions
6 sales · 38 rents
Unit Size Range
696 – 1,725 sqft
Gross Rental Yield
5.9%
Annual rent / purchase price
Price Trend (PSF)
Quarterly median from verified transactions. Outliers removed.
Recent Verified Sales
Property Butler verified sales data. Anonymized — no buyer/seller names.
| Date | Price | PSF | Area | Floor |
|---|---|---|---|---|
| 23 Apr 2025 | ₹2.02 Cr | ₹19,147 | 1,055 sqft | 4 |
| 12 Apr 2025 | ₹1.56 Cr | ₹20,526 | 760 sqft | 0 |
| 16 Aug 2024 | ₹1.51 Cr | ₹21,695 | 696 sqft | 0 |
| 3 Jul 2024 | ₹7.60 Cr | ₹44,058 | 1,725 sqft | 25 |
| 11 Dec 2023 | ₹1.45 Cr | ₹17,901 | 810 sqft | 1 |
| 26 Mar 2022 | ₹2.36 Cr | ₹23,591 | 1,000 sqft | 4 |
Recent Rentals
Property Butler verified lease agreements.
| Date | Monthly Rent | Area |
|---|---|---|
| 24 Feb 2026 | ₹1.3L/mo | — |
| 10 Oct 2025 | ₹4.8L/mo | 800 sqft |
| 18 Sept 2025 | ₹56K/mo | 721 sqft |
| 13 Aug 2025 | ₹76K/mo | 721 sqft |
| 31 Jul 2025 | ₹80K/mo | 795 sqft |
Methodology: Property Butler Valuation Engine — building-level signals cross-verified across multiple data sources. PSF based on last 12 months with P5-P95 outlier removal per building. Locality benchmark = average of top 5 buildings by PSF. Actual prices vary by floor, view, condition, and negotiation.
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Floor-level pricing, comparable sales, and market outlook for Shah and Nahar Industrial Estate.
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