About 40% of the inventory for sale and rent in Mumbai is made up of 2 BHK apartments, which dominate the residential market. If you also want to buy a two-bedroom apartment in Mumbai The majority of homebuyers frequently go for 2 BHK homes in a place like Mumbai where having more space is considered luxurious & home values are rising daily. This can be because there aren’t many 1 BHK flats available, 2 BHK homes are simpler to maintain, have better living space division, and allow residents the opportunity to grow.

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Mumbai has a wide variety of micromarkets, although the areas with the greatest availability include Mira Road, Powai, Kandivali East, Chembur, & Malad West. Numerous renowned real estate developers, like Godrej Properties, Nahar Group, & Runwal Group, have completed developments in these locations. Former and present residents who have reviewed the residential hubs gave them a one to five star rating for connectivity, facilities, environment, and safety.

Mira Road

Nearly half of the homes in the upscale neighbourhood of Mira Road are two-bedroom apartments. The average price per square foot in this area has increased by roughly 10% YoY and is currently around Rs 10,000. A semi-equipped 2 BHK unit may be hired for roughly Rs 19,000 per month, while a furnished home can be rented for between Rs 21,000 and Rs 23,000 per month.

In Mira Road, more than 80% of the 2 BHK units are ready to move into. High-rise residential towers make up the majority of these units, with independent residences and villas making up a smaller portion. Several developers have made their presence known in this area, including Kalpataru Limited, DV Realtors, and Lodha Group. A dedicated station on the Western Line & Western Express Highway provides the neighbourhood with easy access to the Mumbai Suburban Railway, which connects to various areas of the Mumbai Metropolitan Region (MMR) (WEH).

The good rating was the result of factors like “steady power supply,” “markets and reputable schools close,” and “safety and security.” Even though traffic congestion is a problem, it will probably be resolved if the Dahisar Toll Plaza is moved to Mira Road.

Powai

Powai is around two kilometres from the Indian Institute of Technology (IIT) Bombay and seven kilometres from the Andheri East manufacturing and logistics centre. Nearly 44 percent of the housing stock in this area is made up of two-bedroom apartments, which are priced at Rs 23,500 per square foot and have monthly rents of about Rs 52,000. The Saki Naka Station (approximately four km away), Kanjurmarg Railway Station, and the international airport (all within six km) also have metro connections, adding to the area’s amenities. A 2 BHK flat of 700–750 sq ft is the preferred & successful layout in Powai from an investment standpoint, Owner of City Homes Realtors. Quick transactions are facilitated by the area’s infrastructure development, open areas, and affluent population. A 2 BHK unit must be sold or rented within 30 days, and the same arrangement must be finalized within 15 days.

Kandivali East

Kandivali East, a mid-segment suburb 8–13 kilometres from the developed areas of Andheri, Borivali, Malad, and Goregaon, boasts a 50% share of 2 BHK inventory. Two-bedroom homes are offered for sale for about Rs 18,600 per square foot, and they rent for roughly Rs 32,000 per month. The Nesco IT Hub (8 km), Akurli Industrial Estate (5 km), & Andheri MIDC are close to this community’s residents (12 km). Public transportation is easily accessible and includes local trains, buses, taxis, and cars. “Social and retail facilities are well-established in Kandivali East. But there are many potholes on the roadways, and they require repair.”

Nearby social amenities in Mumbai neighbourhoods with a maximum of two bedrooms

Chembur

Chembur, a mid-segment suburb, is located along the Eastern Express Highway (EEH), which also passes via the Eastern Freeway and the Mumbai-Pune Highway. Approximately 43% of the area’s housing stock is made up of two-bedroom homes. The purchase price in the neighbourhood is roughly Rs 20,600 per sq ft, while a 2 BHK is available for rent for about Rs 45,000 per month, reflecting an almost four percent yearly growth. Two-bedroom units here typically range from 500 to 1,000 square feet in size. Along with a dedicated station, Chembur is also served within a four-kilometer radius by the Govandi and Tilak Nagar stations. Owner of Ek-Om Real Estate & Property Consultants, following about the neighbourhood: “Chembur is a self-contained micromarket with a prime location where demand outpaces supply. The majority of nuclear families chooses two-bedroom homes since they can easily afford them and meet their needs for space.”

Even though Chembur’s multicultural setting raises its liveability index, locals continue to express complaints about “improper rubbish disposal” and “frequent parking challenges.”

Malad West

A mid-segment location, Malad West has a 45 percent inventory share for 2 BHK homes. The area provides villas and apartments that are luxurious and ultra-luxurious. The monthly rent for a 2 BHK property is close to Rs 42,000, while the average price per square foot is about Rs 19,000. In addition to the local train system, the upmarket micro-market is well connected by the SV Road, NH-8, Link Road, & ferry service to Manori, Gorai, and Versova. In addition, the Evershine Mall and other surrounding commercial centres provide inhabitants of Malad West with access to a booming retail area. Authorities intend to build a flyover at Mith Chowky Junction to alleviate traffic congestion in Malad West.

In addition to these five locations, Mumbai features a number of neighbourhoods with 2 BHK housing stock, including Virar West, Kanjurmarg East, and Mulund West. However, it would be best to research the micro-market as well as the amenities it provides before choosing one.

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