Sawant (62) was accosted by two men late on Sunday night who then attacked him with sharp weapons.
The incident took place when he was returning home after meeting a friend.
He was immediately rushed to a nearby hospital where he was declared brought dead.
Sawant was a two-time corporator of Shiv Sena from Samta Nagar.
Investigation in the case is on.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)