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Maximum 1 BHK Units Localities Housing in Mumbai

Maximum 1 BHK Units Localities Housing in Mumbai

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.

 

Maximum 1 BHK Units Localities Housing in Mumbai

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.”

To explore 1 BHK properties in Virar West, click here

 

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.”

To explore 1 BHK properties in Mira Road East, click here

 

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.”

To explore 1 BHK properties in Kandivali East, click here

 

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

Localities

Locality type 

YoY growth

Price per sq ft

Average monthly rental of 1 BHK

1 BHK inventory  share in the area

Virar West

Affordable

10.5%

Rs 5,900

Rs7,200

51%

Mira Road East    

Premium

9%

Rs 10,300

Rs 14,000

43%

Kandivali East    

Mid-segment

3.5%

Rs 18,600

Rs 21,300

48%

Mulund West           

Mid-segment

5%

Rs 18,900

Rs 21,500

24%

Kanjurmarg East

Mid-segment

8%

Rs 18,000

Rs 25,000

30%

Bhandup West  

            Affordable

6%

Rs 16,800

Rs 22,000

42%

Malad West           

Mid-segment

9%

Rs 19,000

Rs 24,000

34%

 

Maximum 1 BHK Units Localities Housing 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.

To explore 1 BHK properties in Mulund West, click here

 

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.

To explore 1 BHK properties in Kanjurmarg East, click here

 

Social conveniences near localities with maximum 1 BHK inventory in Mumbai

Localities

Connectivity

Commercial hubs

Educational facilities

Healthcare facilities

Recreational options

Virar West

Virar Railway Station at five km

 

Connected to Mulund, Thane and Bhayander via VVMT buses

 

Connected to karanala, Navpur and Stapala via VCMC-governed buses

Parikh Commercial Centre

 

Bhaskar Commercial Complex

 

Asset Hub

NP Shah English School

 

St. James English High School

 

Matrix Academy School

Divekar Hospital

 

Vijay Vallabh Hospital

 

Sahayog Hospital

karanala Fort

 

Agarwal Lifestyle

 

VRS Shopping Centre

Mira Road East

Mira Road Station (E) at 1.7 km

 

Connectivity via Western Express Highway, NH-48 and Ghodbunder Road

Mira Road

 

Vardhaman Chemical Industries

 

Jayco Chemical Industries

 

Vardayini Chemicals

Podar Jumbo Kids

 

AP International

 

Momai Global

Sanjeevani Hospital

 

HR Hospital and Trauma Centre

 

Thunga Hospital

Deodar Adventure

 

Ghodbunder Fort

 

Vardhman Fantasy Amusement Park

Kandivali East

Connected to Western Express Highway, S V Road, and Link Road

 

Borivali Railway station at 5 km

 

Kandivali Railway Station at about 7 km

Bandra Kulra Complex

 

 

Nesco IT Park

 

Andheri MIDC

 

Mahindra and Mahindra Plant

 

Akurli Industrial Estate

Ryan International School

 

Gundecha Education Academy

DNA Multispecialty Hospital

 

Jivdani Hospital

 

Agrawal Hospital

Growels 101 Mall

 

Thakur Mall

 

Vishnu Shivam Mall

Mulund West

Mulund Suburban Railway Station at 3 km

 

Connected to

LBS Marg, Bhakti Marg and Agrawal Road

 

Chhatrapati Shivaji Maharaj International Airport at 16 km

Bandra-SEEPZ

 

Bandra Kulra Complex

 

Powai

Mulund High School

 

DAV International School

 

St Mary’s Convent School

Navneet Hospital

 

Dhanwantary Hospital

 

Apex Hospital

Tulsiram Udyan

 

Cypress CHS

 

Mun Park

Kanjurmarg East

Kanjurmarg Railway Station on Central Line of Mumbai Suburban Railway Network

 

Asalpha on Blue Line 1 of Mumbai Metro at 8 km

 

The international airport at Andheri at 10 km

Bandra Kurla Complex

 

Powai

 

Bhandup Industrial Area

IIT Bombay

 

St Francis Xavier’s High School

 

Adarsh Vidyalaya

Sai Samruddhi Hospital

 

Ankur Hospital

 

Aniket Nursing Home

Huma Mall

 

Gateway Plaza

 

Neptune Magnet Mall

Bhandup West

Connected to Thane and Mumbai via LBS Marg

 

Bhandup Station (W) at 3 km

 

Connected to LBS Marg, Quarry Road and Lake Road

 

Eastern Express Highway at 2 km

Bhandup Industrial Area

 

Powai

 

Andheri

Daffodils High

 

Orchids International School

 

Sahayadri Vidya Mandir

Lotus Hospital

 

Saarthi Hospital

 

Fortis Hospital

Kanheri Caves

 

Huma Mall

 

Neptune Magnet Mall

Malad West

Connected to Link Road, SV Road and NH-8

 

Malad railway station at around 2 km

 

Chhatrapati Shivaji Maharaj International Airport at around 13 km

Mindspace

 

Bandra Kulra Complex

 

Andheri

Precious Lil Ones School

 

St. Joseph’s School,

 

Orchid International School

Zenith Multispecialty Hospital

 

Municipal Hospital

 

Lotus Hospital

Evershine Mall

 

Marve Beach

 

Sanjay Gandhi National Park

 

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.

To explore 1 BHK properties in Bhandup West, click here

 

Maximum 1 BHK Units Localities Housing in Mumbai

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.

To explore 1 BHK properties in Malad West, click here

 

 

 

 

 

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