The well-connected areas of Virar West, Mira Road East, & Kandivali West, among others, have the most 1 BHK inventory in Mumbai. These micro-markets, which are located near the commercial centres of Powai, Bandra-Kurla Complex (BKC), and Bhandup Industrial Area, account for roughly 20% of the entire 1 BHK stock available for sale in the city.

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Mumbai, the country’s commercial hub, attracts people from all over the world and is noted for its lack of residential space. While two-bedroom residences remain the most popular in the city, rising costs have boosted demand for one-bedroom units, which now account for almost a third of the city’s residential inventory. The neighborhoods in Mumbai with the most housing units in 1 BHK configurations, as well as the micro-markets here, have come out on top, accounting for over 20% of the city’s total 1 BHK stock.

Virar West

Virar West is a low-cost neighborhood with excellent bus accessibility and close proximity to commercial centres. The area’s residential landscape is dominated by 1 BHK units, which account for roughly 51% of the total supply. In the last five years, property prices have risen by over 25%, hovering around Rs 5,900 per sq ft. “Measuring 380-500 sq ft, 1 BHK homes are famous among nuclear families and young couples,” Sagar Gupta, Proprietor, Sagar Realtors & Consultancy, says of the increased demand for 1 BHK homes in Virar West. Due to budget constraints, rising living costs, and insufficient simultaneous rise in disposable income, the 1 BHK design has become the preferred option. Joyville Virar, Bachraj Lifespace, and Rustomjee Avenue, among others, are a few housing societies in the neighborhood that offer one bedroom homes.”

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Mira Road East

The tenant community enjoys Mira Road East in particular. Around 45 percent of the flats in the region are one-bedroom units, with monthly rates starting at around Rs 10,000. The Western Expressway makes it simple to get to the Bandra-Kurla Complex (BKC) & Lower Parel commercial districts. Home values in this upscale neighborhood have increased by roughly 9% year on year, to around Rs 10,300 per square foot. Residents, on the other hand, are bothered by “insufficient parking space,” “potholes caused by construction “and” continuous traffic snarls.”

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Kandivali East

Because of its excellent road connectivity and infrastructure, Kandivali East is becoming increasingly popular. The Gandhi Tekdi & NNP Waterfall are other popular tourist attractions. Projects by reputable developers like as Mahindra Lifespace, Godrej Properties, and Kalpataru Limited can be found in the area. Almost half of the residential stock for sale in this area is 1 RK/BHK houses ranging in size from 300 to 500 square feet. Local resident says, “Proximity to Kandivali & Borivali railway stations & markets enhance ease of living.” It is also very safe at night. However, illegal street vendor encroachment and traffic congestion are aggravating.”

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Inventory share and price details of areas with maximum 1 BHK units in Mumbai

Mulund West

Mulund West, with a 5% YoY increase in property values, is popular among residents due to its proximity to the Thane (7.5 km) & Powai job centres (12 km). One-bedroom homes account for about a third of the inventory, with the majority being ready to move in. Three kilometers distant is the Mulund Suburban Railway Station, and the Eastern Express Highway (EEH) and the Western Express Highway (WEH) are both easily accessible. Medical & grocery-related facilities also are close by, but reviewers have expressed worries about “frequent power outages” and “expensive electricity charges.” “Potholes in the monsoon” are also common. Whereas the Brihanmumbai Municipal Corporation (BMC) is attempting to fill them, the process is lengthy and residents are concerned.

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Kanjurmarg East

Kanjurmarg East is a well-connected location, strategically positioned along the EEH and within five kilometers of the Bhandup Industrial Area. With a yearly rental income of up to 4%, the Indian Institute of Technology (IIT) is two kilometers away, and BKC and Powai are 14 kilometers and four kilometers away, respectively. With a dedicated metro station on Line 6, metro connectivity is planned to be operational this year. Residents complain that the surrounding “dumping ground” and “sewage water on the roadways” cause problems, despite the fact that housing values have increased by roughly 8% annually to around $18,000 per sq ft.

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Social conveniences near localities with maximum 1 BHK inventory in Mumbai

Bhandup West

Bhandup West features a large number of ready-to-move-in 1 BHK & 2 BHK homes, with prices ranging from Rs 40 lakh to Rs 1.2 crore. The EEH is two kilometers away, and the WEH is 17 kilometers away, providing great connectivity. In addition, the Lal Bahadur Shastri (LBS) Marg connects Thane and Mumbai. Industries, businesses, as well as small-scale manufacturing units are located in the region. To relieve traffic congestion, the BMC proposes to construct a new road in the area, dubbed the Goregaon-Mulund Link Road. Residents also point out that technical failures at power plants require attention.

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Malad West

Malad West is an expensive housing area located six kilometers from the expanding micro-markets of Malad East, Kandivali West, and Goregaon West. Manori, Gorai, & Versova are all accessible by ferry. The Malad Railway Station is also about two kilometers away. “Malad West provides all of the necessary amenities for a comfortable lifestyle. It is especially popular among young working professionals from ITeS organizations in BKC and Andheri. This young generation, aged 25 to 35, prefers to rent one-bedroom apartments in well-connected areas. Developers have recognized this requirement and have responded appropriately.”

Mumbai’s desire for one-bedroom apartments is set to persist as the city grapples with growing living costs. While 1 BHKs are easier to maintain and far less expensive, undertake thorough market research and due diligence before finalizing the acquisition.

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