Find Out Which Locations In Mumbai Have The Most 2 BHK Flats…

2 BHK Flats: The residential market in Mumbai is dominated by two-bedroom flats, which account for around 40% of the available inventory for sale and rent. If you’re looking for a 2 BHK flat in Mumbai, navimumbaihouses has five regions to choose from in your desired arrangement.

In a city like Mumbai, where space is a premium and property prices are rising by the day, most purchasers go for two-bedroom apartments. This might be owing to a lack of 1 BHK flats, the simplicity of upkeep. The well-divided living space, and the extension potential afforded by a 2 BHK property to residents. While several micromarkets in Mumbai provide this service, Mira Road, Powai, Kandivali East, Chembur, and Malad West have the most. Many renowned real estate developers, including as Nahar Group, Godrej Properties, and Runwal Group, have projects in these locations. Former and present residents evaluated the residential hubs on a scale of one to five in terms of connection, facilities, environment, and safety.

 

Find out which locations in Mumbai have the most 2 BHK flats.

 


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Mira Road 

Mira Road is a high-end neighbourhood, with approximately half of the homes in the area being two-bedroom units. The average price per square foot in this area has increased by over 10% year on year, and is now at Rs 10,000. A semi-equipped 2 BHK home costs roughly Rs 19,000 per month to rent. While a furnished unit costs around Rs 21,000-23,000 per month to rent. Mira Road has over 80% ready-to-move 2 BHK flats. The most of which are in high-rise residential buildings, with independent residences and villas accounting for only a small portion of the total. Lodha Group, DV Realtors, and Kalpataru Limited are among the developers that have established themselves in this area. A dedicated station on the Western Line and Western Express Highway allows the neighbourhood to have seamless access to areas of the Mumbai Metropolitan Region (MMR) through the Mumbai Suburban Railway (WEH).

The high grade was based on “consistent power supply.” “Markets and reputable schools close,” and “safety and security.” Though traffic congestion remains a concern. It is anticipated to be alleviated once the Dahisar Toll Plaza is relocated to Mira Road.

 

To explore 2 BHK properties in Mira Road, click here

Powai

Powai is roughly seven kilometres from Andheri East’s manufacturing and logistics sector, and nearly two kilometres from the Indian Institute of Technology (IIT) Bombay. Two-bedroom flats account for about 44% of the housing supply in this city, with monthly rates of around Rs 52,000 and a value of Rs 23,500 per sq ft. Saki Naka Station (approximately four kilometres), Kanjurmarg Railway Station, and the international airport are all within six kilometres of the neighbourhood. “A 2 BHK home of 700-750 sq ft is the popular and successful design in Powai from an investment viewpoint,”

Quick transactions are aided by the area’s infrastructure development, wide areas, and affluent clientele. A new or resale 2 BHK property takes roughly 30 days to sell, and a rental arrangement with the same structure takes about 15 days to finalise.”

 

Find out which locations in Mumbai have the most 2 BHK flats.

 

To explore 2 BHK properties in Powai, click here 

Kandivali East

Kandivali East is a mid-segment location 8-13 km distant from the established locales of Andheri, Borivali, Malad, and Goregaon. With roughly 50% of 2 BHK inventory. The buying price per square foot is roughly Rs 18,600. While 2 BHK homes rent for around Rs 32,000 per month. Nesco IT Hub (8 km), Akurli Industrial Estate (5 km). And Andheri MIDC are all within walking distance for residents (12 km).

Local trains, buses, taxis, and vehicles are all easily available modes of public transportation. “The social and retail infrastructure of Kandivali East is well-established. Roads, on the other hand, are riddled with potholes and in in need of repair.”

 

To explore 2 BHK properties in Kandivali East, click here

 

In Mumbai, there are social conveniences near neighbourhoods with a maximum of 2 BHK inventory.

Chembur

Chembur is a mid-segment suburb located along the Eastern Express Highway (EEH) with the Eastern Freeway and Mumbai-Pune Highway flowing through it. Around 43% of its housing stock is 2 BHK houses. With an annual growth rate of around 4%, the purchase price in the neighbourhood is around Rs 20,600 per sq ft. And a 2 BHK may be rent for around Rs 45,000 per month. The typical size of a two-bedroom apartment in this city is 500-1,000 square feet. Chembur is served by the Govandi and Tilak Nagar Railway Stations, both of which are within a four-kilometer radius. “Chembur is a self-contained micromarket in the heart of the city, with greater demand than supply. Most nuclear families choose two-bedroom homes in this area since they are affordable and meet their space needs.”

While Chembur’s multicultural atmosphere contributes to its liveability, locals are concerned about “poor rubbish disposal” and “frequent parking troubles.”

 

To explore 2 BHK properties in Chembur, click here

 

Malad West

Malad West is a mid-segment location, with 2 BHK apartments accounting for 45 percent of inventory. Luxury and ultra-luxury residential apartments and villas are available in the area. The average price per square foot is roughly Rs 19,000. While a two-bedroom property rents for around Rs 42,000 per month. Apart from the local train network, the premium micro-market is well connect by Link Road, SV Road. And NH-8, as well as ferry service to Manori, Gorai, and Versova.

Residents of Malad West also have access to a booming retail area. Thanks to the Evershine Mall and other surrounding shopping malls. Authorities want to build a flyover at Mith Chowky Junction to alleviate the issue of excessive traffic congestion in Malad West.

Apart from these five regions, Virar West, Kanjurmarg East. And Mulund West are among the Mumbai neighbourhoods with 2 BHK housing stock. However, before deciding on one, it’s a good idea to research the micro-market and the facilities it provides.

 

To explore 2 BHK properties in Malad West, click here

 

 


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Disclaimer: The views of this expressed above are for informational purposes only based on the industry reports & related news stories. Navimumbaihouses.com does not guarantee the accuracy of this article, completeness, or reliability of the information & shall not be held responsible for any action taken based on the published information.
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