Park Abode — Shivaji Park / Dadar West's 22-Storey Sky-Rise
Park Abode by Shree Siddhivinayak Developers is the most actionable 1 BHK-led ready-to-move-in tower currently transacting in the Shivaji Park / Dadar West catchment. A 22-storey sky-rise, registered under MahaRERA P51900029734, it offers a rare entry-level format mix that runs from a 447 sqft 1 BHK at ₹2.27 crore to a 646 sqft 2 BHK at ₹3.30 crore. Property Butler holds four live units in this building — three 1 BHKs and one 2 BHK — covering the under-₹2.5 crore Mumbai entry-ticket and the under-₹3.5 crore family-couple ticket in a single SoBo address. For the buyer hunting genuine sub-₹2.5 crore inventory in a credible South Mumbai locality with RERA documentation and ready possession, Park Abode is one of the highest-conviction picks in the Property Butler central Mumbai book today.
Park Abode — Shivaji Park, Dadar West — May 2026
₹2.27 Cr — ₹3.30 Cr
1 BHK · 2 BHK · 447 – 646 sqft carpet · Ready · 22-storey RERA-approved tower
Snapshot — At a Glance
Why Park Abode — The Buyer Perspective
Sub-₹2.5 crore Mumbai inventory in a credible South Mumbai locality is one of the hardest things to source in 2026. The under-₹2.5 crore band has historically pushed buyers into Andheri East, Kurla, Mira Road, or far-suburban Mulund and Thane geographies. Within South Mumbai, the under-₹2.5 crore band is structurally undersupplied — most Worli, Lower Parel and Prabhadevi towers price their compact 1 BHKs at ₹2.5–3.5 crore minimum, and ready-to-move RERA-approved 1 BHK supply at the ₹2.2–2.5 crore tier in central Mumbai is a genuinely scarce product. Park Abode lands in this exact white space. A 22-storey sky-rise in Shivaji Park / Dadar West, MahaRERA registered, with a 447 sqft 1 BHK asking ₹2.27 crore — this is the under-₹2.5 crore South Mumbai 1 BHK that NRI investors, parents buying for adult children, and single-professional buyers have been hunting for the past three years.
The buyer profile splits neatly. The three 1 BHKs at 447, 462 and 487 sqft (₹2.27, ₹2.35, ₹2.48 crore) are aimed at the single Dadar West professional, the NRI investor anchored on rental yield and capital preservation, the parent buying for an adult child working in Lower Parel or BKC, or the empty-nester downsizer rotating from a larger Andheri or Bandra unit into a smaller central-Mumbai address. The 646 sqft 2 BHK at ₹3.30 crore opens the small-family segment — a genuinely usable 2 BHK in Dadar West for a sub-₹3.5 crore ticket, with a road-facing orientation that delivers light and ventilation. All four units are mid-floor, in the 8-to-15 floor band, and the developer's amenity stack centres on a 21st-floor fitness centre, power backup, treated water supply and kids play areas — credible mid-rise infrastructure rather than luxury-tower scale.
The honest cons. The 487 sqft 1 BHK (PB17749428678922) is currently flagged as Dec 2024 possession status — buyers should specifically reconcile whether this means the unit is OC-received and ready, or whether there is a documentation gap to close. Property Butler audits possession-status fields against developer site progress before any booking; this is a verify-before-paying item. The amenity stack is mid-rise grade — there is no swimming pool, no large clubhouse package, no concierge service. Buyers expecting a Lodha or Rustomjee tower amenity envelope should look at premium-band product instead. The 1 BHK carpets at 447–487 sqft are compact — efficient for one or two adults, but tight for a small family or for owners who anticipate working from home with significant in-unit office space requirements. The 2 BHK at 646 sqft is road-facing — the orientation delivers ventilation but also exposes the unit to ambient road noise on the Dadar West arterial network. And the developer, Shree Siddhivinayak Developers, is an established Mumbai mid-rise specialist rather than a Tier-1 brand — buyers should evaluate the developer's prior project delivery track record and conveyance status before committing capital.
Configurations and Pricing Ladder
| Config | Carpet | Asking price | Implied PSF | Floor / unit notes |
|---|---|---|---|---|
| 1 BHK | 447 sqft | ₹2.27 Cr | ₹50,782 | Mid Floor (8-15) · Wing A · Unit 05 · City View |
| 1 BHK | 462 sqft | ₹2.35 Cr | ₹50,865 | Mid Floor (8-15) · Wing A · Unit 04 · City View |
| 1 BHK | 487 sqft | ₹2.48 Cr | ₹50,924 | Mid Floor (8-15) · Wing A · Unit 03 · City View |
| 2 BHK | 646 sqft | ₹3.30 Cr | ₹51,083 | Mid Floor (8-15) · Wing A · Unit 01 · Road Facing |
Reading the Park Abode pricing ladder
Property Butler benchmarks Shivaji Park / Dadar West RERA-approved compact-format PSFs in 2026 between ₹46,000 (legacy redevelopment) and ₹58,000 (premium ready-tower). Park Abode sits in the ₹50,000–₹57,000 PSF band — the upper-mid quartile for compact-format Dadar West product. The pricing ladder is unusually flat across the four units (₹50,783 to ₹51,084 PSF), which signals a developer pricing strategy of equal-PSF treatment across configurations rather than view-or-floor-driven differentiation. The 487 sqft 1 BHK at ₹50,924 PSF is the largest 1 BHK in our active inventory and offers the best per-sqft economics if the OC documentation reconciles cleanly. The 646 sqft 2 BHK at ₹51,084 PSF is the cleanest entry into Shivaji Park 2 BHK living under ₹3.5 crore — Property Butler's wider 2 BHK live-stock range for Park Abode, including non-PB inventory, runs ₹52,000 to ₹56,000 per sqft. Buyers should anchor any negotiation on the PSF band rather than the absolute ticket and triangulate against current Dadar West resale 1 BHK PSFs of ₹38,000–₹46,000 to understand the premium being paid for the ready-fresh-construction product.
Comparison vs Two Nearest Peer Buildings
| Building | Asking PSF range | Possession | Standout factor |
|---|---|---|---|
| Park Abode (Shivaji Park / Dadar West) | ₹50,000 — ₹57,000 | Ready | 22-storey 1 BHK-led ready tower · sub-₹2.5 Cr SoBo entry-ticket |
| AVHAD Oasis (Dadar West) | ₹50,000 — ₹58,000 | Ready | Mid-rise Dadar West tower with similar 1 BHK / 2 BHK config envelope |
| Park 55 (Shivaji Park / Dadar West) | ₹55,000 — ₹62,000 | Ready | G+21 single-tower premium spec · 2 and 3 BHK focus · higher PSF band |
Location and Connectivity
Park Abode's address in Shivaji Park / Dadar West places it inside the historical cultural spine of central Mumbai — Shivaji Park's open expanse is a four-minute drive, Siddhivinayak Temple at the Prabhadevi border is six minutes, and Dadar Railway Station — the only mainline Mumbai station catching both Western and Central railway lines — is a five-minute drive. The Bandra-Worli Sea Link on-ramp is twelve minutes, opening South Bandra and BKC connectivity in under twenty minutes. The Eastern Express Highway on-ramp is six minutes, opening Bandra Kurla Complex in fifteen minutes and the international airport in twenty-five minutes. The Mumbai Metro Line 3 (Cuffe Parade-Aarey) Siddhivinayak station is in commissioning, opening up rapid-transit South Mumbai connectivity in the medium term.
For schools, Balmohan Vidyamandir Dadar, Indian Education Society, and Don Bosco High School Matunga are all within a fifteen-minute drive. For healthcare, P.D. Hinduja Hospital Mahim, K.J. Somaiya Hospital, the Tata Memorial Hospital cluster at Parel, and Wockhardt are all within a fifteen-minute radius. The Shivaji Park ground itself anchors the locality's lifestyle and cultural identity — the famous evening walking circuit, the Marathi-cultural arts ecosystem of Shivaji Mandir and Bal Gandharva Rang Mandir, and the Plaza and Dadar TT precincts for everyday retail. For luxury retail and F&B, Lower Parel's Phoenix Palladium and Worli's Kamala Mills are both under twelve minutes, and the Worli Sea Face is a six-minute drive for evening leisure.
Property Butler's Verdict
Property Butler — verdict on Park Abode
Park Abode is the right answer for the buyer hunting sub-₹2.5 crore Mumbai inventory in a credible South Mumbai locality with RERA-approved documentation and ready possession. Our two highest-conviction picks here are the 487 sqft 1 BHK at ₹2.48 crore (the largest 1 BHK in the building, best per-sqft economics, conditional on clean OC reconciliation for the Dec 2024 possession field) and the 646 sqft 2 BHK at ₹3.30 crore (the only 2 BHK in our active stock, the cleanest small-family entry into Shivaji Park ready-to-move). The 447 and 462 sqft 1 BHKs at ₹2.27 and ₹2.35 crore are credible plays for NRI investors, single professionals, or parents buying for adult children — but buyers must walk the unit before committing because the carpet is genuinely compact. Before any booking, every Park Abode buyer should obtain a copy of the live RERA registration P51900029734, the Occupation Certificate for the specific unit, the society conveyance status, and the building's water and electrical connection certifications. The honest negotiation lever here is the OC documentation pack and the developer's track record on prior project delivery — buyers paying ready-stock prices in 2026 deserve ready-stock paperwork.
Property Butler Inventory in Park Abode
Park Abode — 1 BHK
447 sqft · Mid Floor (8-15) · Wing A · Unit 05 · City View · Ready to Move In
₹2.27 Cr
Park Abode — 1 BHK
462 sqft · Mid Floor (8-15) · Wing A · Unit 04 · City View · Ready to Move In
₹2.35 Cr
Park Abode — 1 BHK
487 sqft · Mid Floor (8-15) · Wing A · Unit 03 · City View · Dec 2024 (verify OC)
₹2.48 Cr
Park Abode — 2 BHK
646 sqft · Mid Floor (8-15) · Wing A · Unit 01 · Road Facing · Ready to Move In
₹3.30 Cr
What Park Abode Buyers Commonly Miss
Sub-₹2.5 crore South Mumbai is structurally rare. Within central South Mumbai (Worli, Lower Parel, Prabhadevi, Mahalaxmi, Tardeo, Dadar), the under-₹2.5 crore ready-to-move 1 BHK supply pool is roughly 2–4% of total active 1 BHK inventory. Park Abode is one of the few buildings transacting in this ticket band today. Buyers anchored on the price point should treat Park Abode 1 BHK inventory as scarce-supply rather than abundant-supply and price negotiation accordingly. Per-sqft economics flatten across the 1 BHK stack. The 447, 462 and 487 sqft units price at almost identical PSFs (₹50,783 to ₹50,924). For a buyer who can stretch to the 487 sqft unit, the marginal carpet gain (40 sqft over the 447 sqft) for a ₹21 lakh marginal ticket (₹52,500 per sqft on the increment) is reasonable value — but only if the OC reconciliation is clean. The 2 BHK at 646 sqft road-facing orientation has trade-offs. Road-facing 2 BHKs in Dadar West deliver materially better light and ventilation than internal-courtyard units, but expose the unit to ambient road noise. Buyers should walk the unit at 7am, 12pm and 8pm to get a realistic noise profile before committing — Property Butler will arrange the multiple-time-slot site visits as a standard part of any booking due-diligence. NRI rental-yield mathematics on Park Abode 1 BHKs work. A 447 sqft furnished 1 BHK in Dadar West rents at ₹65,000–₹85,000 per month in 2026 — that translates into a 3.4–4.5% gross rental yield against a ₹2.27 crore investment, which is materially above the South Mumbai 2 BHK and 3 BHK norm of 2.0–2.8%. NRI investors should anchor on this yield differential when comparing Park Abode against larger-format alternatives.
Talk to Property Butler about Park Abode
We hold four live units across 1 BHK and 2 BHK formats. Floor plans, RERA P51900029734 verification, OC documentation, payment schedule, NRI / home loan approvals — handled by our team in-house.
See our Park Abode unitsWhatsApp UsFrequently Asked Questions about Park Abode
Is Park Abode RERA approved?
Yes. Park Abode is registered under MahaRERA P51900029734. Project status, approved plans and milestone progress can be verified at maharera.mahaonline.gov.in.
What is the price per sqft at Park Abode?
Property Butler is currently transacting Park Abode in the ₹50,000–₹57,000 per sqft band across 1 BHK and 2 BHK formats. The PSF ladder is unusually flat across the building — most units price between ₹50,783 and ₹51,084 PSF.
When is Park Abode possession?
Three of the four Property Butler units are ready-to-move-in. One unit (PB17749428678922, 487 sqft 1 BHK) carries a Dec 2024 possession marker — buyers should verify the OC and current handover status with the developer before booking.
What configurations does Park Abode offer?
Park Abode offers 1 BHKs at 447, 462 and 487 sqft, and a 2 BHK at 646 sqft. The tower is a 22-storey single sky-rise with all current Property Butler inventory in Wing A on mid-floor stacks.
What amenities are at Park Abode?
The amenity package centres on a 21st-floor fitness centre, full power backup, treated water supply and dedicated kids play areas. The single-tower scale means there is no swimming pool or large clubhouse-amenity package.
Are home loans approved for Park Abode?
Yes. SBI, HDFC, ICICI, Axis and LIC Housing all underwrite RERA-approved Mumbai residential projects subject to individual eligibility, OC verification and conveyance documentation. Property Butler can also arrange NRI and PIO buyer-side loan approval where applicable.
What rental yield does a Park Abode 1 BHK generate?
A 447 sqft furnished 1 BHK in Dadar West rents at ₹65,000–₹85,000 per month in 2026, translating into a 3.4–4.5% gross rental yield against the ₹2.27 crore Property Butler asking price. This is materially above the South Mumbai 2 and 3 BHK yield norm of 2.0–2.8%, making compact 1 BHKs an outlier on yield economics.