Summary
Shivaji Nagar is a residential building in Lower Parel, Mumbai. Property Butler tracks a median asking price of ₹20,266/sqft, with units in the ₹0.70 Cr – ₹1.35 Cr range across 420–9,740 sqft configurations. Gross rental yield is around 0.3%. Pricing is based on 102 verified transactions.
Where is Shivaji Nagar located?
Shivaji Nagar is in Lower Parel, Mumbai.
What is the price of a flat in Shivaji Nagar?
Property Butler tracks a median asking price of ₹20,266/sqft for Shivaji Nagar, with units in the ₹0.70 Cr – ₹1.35 Cr range (420–9,740 sqft).
What rental yield does Shivaji Nagar offer?
Shivaji Nagar offers an approximate gross rental yield of 0.3%, based on Property Butler's tracked rents versus asking prices.
How does Shivaji Nagar compare to Lower Parel pricing?
Shivaji Nagar is priced 79% below the Lower Parel top-5 building average of ₹95,271/sqft.
Median PSF (12m)
₹20,266
PSF Range (P10-P90)
₹17,745 – ₹20,664
Price Range (12m)
₹0.70 Cr – ₹1.35 Cr
Avg Rent
₹13.7L/mo
Transactions
54 sales · 48 rents
Unit Size Range
420 – 9,740 sqft
Gross Rental Yield
0.3%
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 |
|---|---|---|---|---|
| 7 Oct 2025 | ₹0.90 Cr | ₹20,270 | 444 sqft | 3 |
| 12 Aug 2025 | ₹0.70 Cr | ₹16,667 | 420 sqft | 4 |
| 15 Jul 2025 | ₹1.35 Cr | ₹20,833 | 648 sqft | 2 |
| 12 Jul 2025 | ₹1.24 Cr | ₹20,261 | 612 sqft | 4 |
| 9 Aug 2024 | ₹0.85 Cr | ₹19,144 | 444 sqft | 3 |
| 26 Jun 2024 | ₹63.63 Cr | ₹65,331 | 9,740 sqft | 20 |
| 18 May 2024 | ₹2.06 Cr | ₹27,467 | 750 sqft | 3 |
| 4 May 2024 | ₹3.51 Cr | ₹31,283 | 1,122 sqft | — |
| 13 Mar 2024 | ₹1.51 Cr | ₹20,972 | 720 sqft | 2 |
| 5 Apr 2023 | ₹1.20 Cr | ₹23,952 | 501 sqft | 1 |
Recent Rentals
Property Butler verified lease agreements.
| Date | Monthly Rent | Area |
|---|---|---|
| 24 Nov 2025 | ₹23K/mo | 250 sqft |
| 29 Jul 2025 | ₹36.8L/mo | 313 sqft |
| 25 Jun 2025 | ₹23K/mo | 240 sqft |
| 16 Jun 2025 | ₹27K/mo | 240 sqft |
| 25 Apr 2025 | ₹13.9L/mo | 600 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 Shivaji Nagar.
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