List propertyWhatsApp
Best dealsNew projectsProjects mapBuy a flatRent a flatCommercialBuilders & developersWhy usRERA searchLocalitiesTools & calculatorsNRI hubNews+ List your propertyWhatsApp us
Mumbai property advisory & dataOperating since 1995✓ MahaRERA A51800043517Source-labelled project dataWe reply in minutes on WhatsApp
BetaThis building page is in testing. If any detail looks incorrect, please let us know and we’ll fix it.Report an issue

Shikara Estate II

Ready building · resale & lease in New Panvel

New Panvel, Chiple, After Indock New Panvel, Raigad on Panvel Matheran Highway

Sold Out Residential

Quick facts

Price
₹5,500/sq.ft
Status
Sold Out
Floors
4
Type
Residential
Zone Avg Rate
₹19,036/sq.ft · 215 projects
Developer
Shikara Constructions Pvt. Ltd
Location
New Panvel, Chiple, After Indock New Panvel, Raigad on Panvel Matheran Highway

A first look at Shikara Estate II

Shikara Estate II is a ready residential building in New Panvel, Mumbai. The building has 4 floors. It has 2 & 3 BHK flats with carpet areas of 700–943 sq ft. The indicative rate is about ₹5,500 per sq ft.

Completed/historical project — current inventory unconfirmed

Ask an advisor to check current resale or rental availability.

Source stage: Sold Out · mapped resale: 0 · mapped rental: 0 · primary status: recorded

Approximate pricing — area & bedrooms

TypeCarpet AreaIndicative PriceApprox. ₹/sqft
2 BHK700 sq.ft.— —
3 BHK914 sq.ft.— —
3 BHK943 sq.ft.— —
⚠️ Disclaimer: All prices listed above are approximate and indicative only, sourced from publicly available information. Final pricing is determined and communicated exclusively by the Developer at their registered office. Mumbai Property Exchange makes no warranty regarding accuracy and accepts no liability — no queries on pricing shall be entertained.

Building overview

Location

The address of Shikara Estate II is New Panvel, Mumbai.

Building facts

Shikara Estate II is a residential building by Shikara Constructions Pvt. Ltd with 4 floors, sold out. Amenities on record include Gymnasium, High speed elevators, Kid's play area, Landscaped garden, POP finished walls, Granite Platform.

Configurations and prices

The price list covers 2 BHK of 700 sq ft; 3 BHK of 914–943 sq ft (carpet area). Prices are indicative and should be reconfirmed before booking.

Developer track record

Shikara Constructions Pvt. Ltd has 6 projects tracked on Mumbai Property Exchange. Other projects by the same developer include Shikara Heights, Shikara Royale, Shikara Palace Garden.

Buyer demand in New Panvel

In the last 90 days, buyers and tenants registered 15 requirements for New Panvel with Mumbai Property Exchange, 1 of them to buy and 1 specifically for 2 & 3 BHK homes.

Location
New Panvel
Sub-Location
Chiple, After Indock New Panvel, Raigad on Panvel Matheran Highway
Status
Sold Out
Rate
₹5,500/sqft
Type
Residential
Floors
4

How prices stack up in New Panvel

From MPE live listings · your own data
Rent
₹110.0/sq.ft/mo
2 BHK ~₹70,000/mo

Medians from MPE listings over the last 18 months. See the Mumbai price index ›

MPE insight
Timing can matter as much as location
Mumbai is supply-constrained, so the best pricing and unit choice often go early — well before the launch advertising. If you’re serious about a project, it pays to know where it is in its cycle. Read the guide ›
Ask MPE on WhatsApp

Building description

Building details

About the building

About the location

Building remarks

Building ratings

3.0
★ ★ ★ ☆ ☆
Building
5.9
★ ★ ★ ★ ★
Location
6.4
★ ★ ★ ★ ★
Amenities
4.8
★ ★ ★ ★ ☆
Legal
4.6
★ ★ ★ ★ ☆
Value for Money

🏊 Amenities & Features (6 amenities)

Common (4)
🏋️ Gymnasium🏢 High speed elevators🧒 Kid's play area🌳 Landscaped garden
Interior (1)
🏠 POP finished walls
Kitchen (1)
🪨 Granite Platform

Floor plans & site plans

Indicative floor plans as shared by the developer; subject to change.

🎥 Project Videos

🧭 Building Compass

How far is Shikara Estate II from your daily life? Add your anchors to see commute times.

🧮 Financial Tools

💰 EMI Calculator

—
Monthly EMI
—
Loan Amount
—
Total Interest

🔄 Rent vs Buy

Should you rent or buy in New Panvel? Compare monthly costs.

—
Monthly Rent Cost
—
Monthly Buy Cost (EMI)

📍 Shikara Estate II location

Map data © OpenStreetMap contributors · location indicativeOpen larger map ›

Upcoming projects & infrastructure in New Panvel

270 MahaRERA projects are due to hand over in New Panvel between 2026 and 2030; the nearest upcoming infrastructure to Shikara Estate II is the Virar-Alibaug Multimodal Corridor, 3.4 km away (approved).

270
MahaRERA projects handing over in the next 5 years
in New Panvel
New projects in New Panvel by possession year
11
2026
73
2027
59
2028
77
2029
50
2030

Supply is not evenly spread — one year carries about a third of it.

Metro & infrastructure near Shikara Estate II
  • 🛣️Virar-Alibaug Multimodal CorridorApproved3.4 km
In the full New Panvel report

🔒 Units handing over each year · price by BHK · years to absorb supply · competing projects · infra impact on prices

Prices and timelines are indicative and subject to change. See the disclaimer at the foot of this page.

Next steps — clarity before you step out

Buying a home is not a quick decision. In association with developers, Mumbai Property Exchange sets up the video briefings, the site visits and the paperwork questions — so your homework is done before you commit an afternoon.

Frequently Asked Questions

Where is Shikara Estate II located?

Shikara Estate II is in New Panvel, Mumbai.

Are flats available in Shikara Estate II right now?

No flats are listed in Shikara Estate II on Mumbai Property Exchange at the moment. Ask an advisor to be alerted when one comes up.

What configurations does Shikara Estate II have?

Shikara Estate II has 2 & 3 BHK flats with carpet areas of 700–943 sq ft.

Who is the developer of Shikara Estate II?

Shikara Constructions Pvt. Ltd, with 6 projects tracked on Mumbai Property Exchange.

What configurations are available at Shikara Estate II?

Shikara Estate II offers 2 BHK, 3 BHK configurations.

What is the price per sq.ft. at Shikara Estate II?

The last known price per sq.ft. at Shikara Estate II was ₹5500 (historical; project is sold out/delivered).

How many new projects are coming up in New Panvel?

270 MahaRERA-registered projects in New Panvel are due for possession between 2026 and 2030, as per MahaRERA registrations. Timelines can change.

What metro and infrastructure is near Shikara Estate II?

Virar-Alibaug Multimodal Corridor — approved, 3.4 km away. Timelines are as announced and can change.

What amenities are available at Shikara Estate II?

Shikara Estate II offers amenities including Gymnasium, High speed elevators, Kid's play area, POP finished walls, Granite Platform, and more.

📊 Property Rates in New Panvel

₹5,500/sqft
This Project Rate
⏳ Loading market data...

🏘️ Properties in New Panvel

⏳ Loading properties in New Panvel...
Disclaimer. Information on this page is compiled from MahaRERA registrations, public infrastructure announcements, developer materials and Mumbai Property Exchange listings. Prices, availability, possession dates and infrastructure timelines are indicative, subject to change, and updated periodically (last updated 2026-03-06). This is not an offer or an advertisement by the developer; please verify all details with the developer and on MahaRERA before deciding. Mumbai Property Exchange, MahaRERA agent A51800043517.
Are you the developer and see something wrong? Report a correction on WhatsApp — we verify and update.

Latest Mumbai Property News

View all news →
CallWhatsApp
👋 Looking for the right project? Let me help you find it!
🏗️
MPE Project Advisor
● Online now