Shankheshwar HeightsReady Possession in Sion
📍 Patil Galli, Off. VN Purav Marg, Samarth Nagar, Chunabhatti,, Sion · by Arihant Realtors
Shankheshwar Heights is a ready possession residential project by Arihant Realtors at Patil Galli, Off. VN Purav Marg, Samarth Nagar, Chunabhatti, Sion. The configurations on record are 2 & 3 BHK of 555 and 788 sq ft carpet. This page is Real Estate Mumbai's read on Shankheshwar Heights against the resale and rental market in Sion — what a flat here rents for, what the resale market asks, and where prices are moving.
Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995
What a flat in Shankheshwar Heights would rent for
Sion has 6 live 2 BHK rentals on Real Estate Mumbai today, at a median of ₹85,000 a month — about ₹131 per sq ft of carpet a month (middle half ₹93–₹159).
At today's rates that makes a 555 sq ft 2 BHK roughly ₹72,705 a month and a 788 sq ft 3 BHK roughly ₹1.28 L a month.
At ₹23,900 per sq ft, that is a gross rental yield of about 6.6% to 8.1% — before maintenance, tax and vacancy. Premium Mumbai homes are bought for capital growth more than yield; treat the rent as the floor under your holding cost, not the return.
| Configuration | Carpet | Sion rent today | Estimated rent | Gross yield |
|---|---|---|---|---|
| 2 BHK | 555 sq ft | ₹131/sq ft/mo (6 live) | ≈ ₹72,705/mo | ~6.6% |
| 3 BHK | 788 sq ft | ₹162/sq ft/mo (23 live) | ≈ ₹1.28 L/mo | ~8.1% |
Estimate = carpet area × the live median rent per sq ft for that configuration in Sion on Real Estate Mumbai. Indicative; a new building with sea views can command more.
The resale market Shankheshwar Heights competes with
6 2 BHK resale homes are on the market in Sion right now, median ₹2.8 Cr at ₹46,512 per sq ft; the middle half asks ₹45,266–₹47,982. Listings are on average 46 days old.
Shankheshwar Heights prices at ₹23,900 per sq ft — 49% below the resale median and below most of the resale market. That premium buys a new building, new specification and a longer remaining life; the resale market buys location now, at a discount, ready to live in.
For scale, 4 BHK resale in Sion asks a median ₹64,622 per sq ft (2 live).
Where Sion prices are moving
Real Estate Mumbai's Sion price index reads 100.0 for Jul 2026 (base 100), a median asking ₹41,868 per sq ft across 10 listings. By configuration: 2 BHK ₹41,868 per sq ft.
Shankheshwar Heights on MahaRERA — what to check before you book
Shankheshwar Heights is registered. The registry is the only document that binds the developer on possession dates, carpet areas and what is built; read it before any token.
| Phase | MahaRERA no. | Towers · floors | Units | Possession declared | Registered |
|---|---|---|---|---|---|
| Shankheshwar Heights | P51900018161 | A- Wing · 10 fl, B-Wing · 24 fl, C-Wing · 24 fl, D-Wing · 24 fl | 130 | — | Oct 2022 |
Registry link opens the MahaRERA record. Possession dates on the registry can be revised by the developer under the Act; we refresh this table as the record changes.
Ready homes in Sion you can buy or rent today
Real Estate Mumbai's own listings — the honest alternative to waiting for a launch. 2 BHK and larger first.
About Shankheshwar Heights
Discover premium living at Shankheshwar Heights, a landmark residential development by Arihant Group located in Chunabhatti, Mumbai. This thoughtfully designed project offers spacious 2 BHK and 3 BHK flats with carpet areas ranging from 555 to 788 sq.ft., featuring modern layouts and expansive balconies, ideal for comfortable urban living. Spread across multiple towers rising 23 storeys high, the project is equipped with top-tier lifestyle amenities including a grand clubhouse, jogging track, yoga and meditation zone, indoor games, spa, salon, kids play area, and landscaped terraces, ensuring a well-balanced lifestyle for families and professionals. Strategically located in Chunabhatti, the project enjoys seamless connectivity via the Eastern Express Highway and the Harbour Line through Chunabhatti railway station, offering quick access to BKC, South Mumbai, and key commercial hubs. With upcoming metro connectivity and proximity to reputed schools, hospitals, and daily conveniences, this project is an ideal choice for homebuyers seeking a well-connected and premium flat in Mumbai.
Amenities
Next steps — clarity before you step out
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Shankheshwar Heights — the questions investors ask
What rent can a flat in Shankheshwar Heights earn?
Is Shankheshwar Heights priced above resale in Sion?
Are prices in Sion rising?
Is Shankheshwar Heights MahaRERA registered?
What can I buy in Sion today instead?
How do I get the price list or a site visit for Shankheshwar Heights?
Who is the builder of Shankheshwar Heights?
What is the possession status of Shankheshwar Heights?
Rents, resale prices and the price index on this page are computed from live listings on Real Estate Mumbai and refresh automatically; project facts are as declared to MahaRERA or recorded by our team (updated 05 May 2026). Indicative, not an offer; verify with the developer and on MahaRERA before deciding. Real Estate Mumbai · MahaRERA agent A51800043517 · since 1995.
Get details on Shankheshwar Heights
Patil Galli, Off. VN Purav Marg, Samarth Nagar, Chunabhatti,, Sion · Arihant Realtors