Bhandup is regarded as Mumbai’s oldest suburb. A few decades ago, Bhandup was a dense forest area that slowly witnessed the growth of industries; now, it is transformed into a prominent location for real estate investors, and still it has significant potential for further growth. The name Bhandup originated from the name Bhandupeshwar, another name for Lord Shiva. One can still find the Bhandupeshwar Mahadev Mandir, an old temple in Bhandup West.
Strategically situated on the north-eastern part of Mumbai, this suburb is located adjacent to the Eastern Express Highway towards the Thane side and is around 25 km from Mumbai. Bhandup is divided into east and west, and is more affordable choice as it offers better value for money in comparison to neighbouring Mulund and Ghatkopar. In this article we are looking at Bhandup West and why it is an ideal choice to invest in Bhandup West properties. This locality takes pride that Crompton Greaves was one of the first industry to establish here in 1937. Currently, Bhandup West is populated with industries like BASF, Asian Paints Limited, CEAT Tyres, the Indian Smelting And Refining Company Limited, etc. Apart from these big corporates, there are several small-scale manufacturing units scattered all over Bhandup West.
Accessibility
To invest in property in Bhandup West will be advantageous to an investor as this locality has got superb connectivity to suburbs like Powai, Mulund, Vikhroli, Kanjurmarg and Thane. This is also a prime growth driver for demand for properties in Bhandup West. Also, the residents of flats in Bhandup West find themselves at a stone’s throw distance from the commercial belt like the Badra-Kurla Complex, Vikhroli, Powai and Kanjumarg. The connectivity to Mumbai city has improved to a lot extent due to some of the important highways that pass through Bhandup West, they are:
Bhandup West has adequate health care, school and entertainment hubs to lure investors to buy upcoming new projects in bhandup west. Some of the good schools in this suburb are Kendriya Vidyalaya, Pawar Public School, St Xavier’s High School and Junior college, Shyadri Vidya Mandir, etc. One can also find DAV School in Airoli in close proximity. Good colleges like Ratnam College, Swami Vivekananda College, Sriram College, and ICE College of Hotel Management are also found in close proximity. With hospitals like Wockhardt come up in this locality, the demand has even grown more for flats in Bhandup West.
There are enough malls like Neptune Magnet Mall; Dreams the Mall and Easyday Hyper to keep one entertained in their leisure outings. If this is not enough, there are football and cricket clubs for the sports enthusiastic.
Real Estate in Bhandup West
In the past few decades, Bhandup West has seen drastic changes in terms of infrastructure, transportation, connectivity and lifestyle that has uplifted Bhandup West property and is considered as a valuable real estate investment hub.
Workforce working in the industries in Bhandup West, and nearby localities like Bandra-Kurla Complex, Vikhroli, and Powai are interested in investing in this suburb due to its good connectivity.
Some of the prominent builders in Bhandup West are Kalpataru Group, Lodha Group, Neptune Developers, HDIL Group, and Mahindra Lifespaces among others. A few of the new projects in Bhandup West are Beauty Landmark by Sankalp Group, Kalpataru Crest by Kalpataru Group, Neptune Flying Kite by Neptune Group and Shramik Residency by Mpatankar Buildcons Pvt. Limited. Most of the builders and developers are providing some of the best facilities in town at affordable prices to encourage investment.
Price Trend
Residential – Multistorey apartment: Return on Investment in flats for sale in Bhandup west is witnessing a hike of 4% q-o-q. Even the rental property is on a similar trend.
The highest locality price is Rs. 12,400 per square foot
The lowest locality price is Rs. Rs. 12,100 per square foot
The average locality price is Rs. 12,300 per square foot
The rental value is priced at Rs. 27 – Rs. 29 per square foot.
Commercial – Commercial office space: Return on Investment for commercial office space for sale in bhandup west is witnessing an increase of 5% q-o-q.
The highest locality price is Rs. 80 per square foot
The lowest locality price is Rs. 70 per square foot
The average locality price is Rs. 75 per square foot
The rental value is priced at Rs. 70 – Rs. 77 per square foot
With so many facilities and amenities in and around Bhandup West this locality has definitely emerges as an important residential hot-spot. And, in coming years, this locality is undoubtedly is going to become a more suitable and well-organised residential hub.
Strategically situated on the north-eastern part of Mumbai, this suburb is located adjacent to the Eastern Express Highway towards the Thane side and is around 25 km from Mumbai. Bhandup is divided into east and west, and is more affordable choice as it offers better value for money in comparison to neighbouring Mulund and Ghatkopar. In this article we are looking at Bhandup West and why it is an ideal choice to invest in Bhandup West properties. This locality takes pride that Crompton Greaves was one of the first industry to establish here in 1937. Currently, Bhandup West is populated with industries like BASF, Asian Paints Limited, CEAT Tyres, the Indian Smelting And Refining Company Limited, etc. Apart from these big corporates, there are several small-scale manufacturing units scattered all over Bhandup West.
Accessibility
To invest in property in Bhandup West will be advantageous to an investor as this locality has got superb connectivity to suburbs like Powai, Mulund, Vikhroli, Kanjurmarg and Thane. This is also a prime growth driver for demand for properties in Bhandup West. Also, the residents of flats in Bhandup West find themselves at a stone’s throw distance from the commercial belt like the Badra-Kurla Complex, Vikhroli, Powai and Kanjumarg. The connectivity to Mumbai city has improved to a lot extent due to some of the important highways that pass through Bhandup West, they are:- Four-lane LBS Marg, an arterial road in Bhandup West that connects Mulund to Sion at one end and Mulund-checkanka that opens at Thane city.
- Eastern Express Highway on one side and the Western Express Highway on the other side that helps connecting to eastern and western suburbs.
- Airoli-Mulund bridge interconnects Eastern Express Highway to get linked to Navi Mumbai.
- Jogeshwari-Vikhroli Link Road from LBS Marg shortens commuting time to reach the western suburbs of Mumbai.
Apart from these, there are rail connectivity via Nahur railway station near Bhandup West and Metro rail at Ghatkopar. Then there is network of buses to get connected to all parts of Mumbai city from Bhandup West. This suburb has some special privileges like special ladies bus in the mornings for female commuters from Bhadup to Andheri East.
Education, Entertainment and Health Care
Education, Entertainment and Health Care
Bhandup West has adequate health care, school and entertainment hubs to lure investors to buy upcoming new projects in bhandup west. Some of the good schools in this suburb are Kendriya Vidyalaya, Pawar Public School, St Xavier’s High School and Junior college, Shyadri Vidya Mandir, etc. One can also find DAV School in Airoli in close proximity. Good colleges like Ratnam College, Swami Vivekananda College, Sriram College, and ICE College of Hotel Management are also found in close proximity. With hospitals like Wockhardt come up in this locality, the demand has even grown more for flats in Bhandup West.
There are enough malls like Neptune Magnet Mall; Dreams the Mall and Easyday Hyper to keep one entertained in their leisure outings. If this is not enough, there are football and cricket clubs for the sports enthusiastic.
Real Estate in Bhandup West
In the past few decades, Bhandup West has seen drastic changes in terms of infrastructure, transportation, connectivity and lifestyle that has uplifted Bhandup West property and is considered as a valuable real estate investment hub.
Workforce working in the industries in Bhandup West, and nearby localities like Bandra-Kurla Complex, Vikhroli, and Powai are interested in investing in this suburb due to its good connectivity.
Some of the prominent builders in Bhandup West are Kalpataru Group, Lodha Group, Neptune Developers, HDIL Group, and Mahindra Lifespaces among others. A few of the new projects in Bhandup West are Beauty Landmark by Sankalp Group, Kalpataru Crest by Kalpataru Group, Neptune Flying Kite by Neptune Group and Shramik Residency by Mpatankar Buildcons Pvt. Limited. Most of the builders and developers are providing some of the best facilities in town at affordable prices to encourage investment.
Price Trend
Residential – Multistorey apartment: Return on Investment in flats for sale in Bhandup west is witnessing a hike of 4% q-o-q. Even the rental property is on a similar trend.
The highest locality price is Rs. 12,400 per square foot
The lowest locality price is Rs. Rs. 12,100 per square foot
The average locality price is Rs. 12,300 per square foot
The rental value is priced at Rs. 27 – Rs. 29 per square foot.
Commercial – Commercial office space: Return on Investment for commercial office space for sale in bhandup west is witnessing an increase of 5% q-o-q.
The highest locality price is Rs. 80 per square foot
The lowest locality price is Rs. 70 per square foot
The average locality price is Rs. 75 per square foot
The rental value is priced at Rs. 70 – Rs. 77 per square foot
With so many facilities and amenities in and around Bhandup West this locality has definitely emerges as an important residential hot-spot. And, in coming years, this locality is undoubtedly is going to become a more suitable and well-organised residential hub.
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