Realty hot spot series: This area in Mumbai is well connected to job hubs, boasts of good social infra
The posh residential area in Mumbai’s western suburbs – Juhu-Vile Parleis in this week’s Realty Hot Spot Series. The area has good connectivity to job hubs and boasts of good social infrastructure. In addition to that this place is at 3 km distance from the airport, 2 KM away from the nearest railway station, and 3 KM from the Western Express Highway.
The price range of the properties in Juhu-Vile Parle is Rs 21,500-45,600 per square feet. The average price of 1BHK, 2BHK, 3BHK, and 4BHK is Rs. 1.60 crore, 2.91 crore, 5.09 crore, and 9.19 crore, respectively.
A posh residential market – Juhu-Vile Parle that is close to South Mumbai.
Besides that this place is like a home to reputed institutes like St. Xaviers High School, Jamnabai Narsee School, Mithibai College, and NMIMS
Good social infra includes Nanavati Super Speciality Hospital, CritiCare Hospital, DB Mall, and Parle Square. It also has sound connectivity with key job hubs by Western Express Hwy, SV Road, Suburban Railway, and Metro.
Supply BHK
1 BHK – 12%
2BHK – 37%
3BHK -31%
4BHK – 20%
Consumer preference by budget segment (Rs)
Below 2 Crore – 19%
2-3 Crore – 22%
3-5 Crore – 13%
4-5 Crore – 10%
5-6 Crore – 15%Above 6 Crore – 21%
Locality Values
Juhu
Price (₹/sqft): 27,800 -45,600
Rent (₹/sqft): 1, 11,500 – 1, 89,500
Ville Parle East
Price (₹/sqft): 21,500 -35,200
Rent (₹/sqft): 91,400 – 90,900
Ville Parle West
Price (₹/sqft): 25,100 -40,600
Rent (₹/sqft): 56,400 – 1, 38,100
Locality:
Schools 10+
Hospitals 10+
Restaurants 20+
Banks 20+
Grocery Stores 20+
Petrol Pumps 5+
