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Commercial Retail Shop Properties for sale in Off LBS Marg Vikhroli, Vikhroli, Mumbai
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1.
Overview of Vikhroli
- Vikhroli is a prominent locality in Mumbai City.
- It comprises a perfect blend of some major Residential & Commercial areas.
- The locality offers excellent connectivity & multiple transportation options.
- The place is located in nature’s lap and has an abundance of greenery.
- It is one of the rapidly developing localities with an upscale residential market.
- Premium projects, proximity to work hubs, & great connectivity attract many investors.
- Vikhroli is home to several recreational places, enhancing residents' lives.
- Vikhroli is famous for several key factors like a perfect blend of residential and commercial zones, the presence of prestigious companies, and rich biodiversity. It houses one of the largest mangrove forests in Maharashtra and is home to the widely known Godrej offices. These factors result in making Vikhroli a highly desirable place.
- The Pin Code for Vikhroli is 400079.
2.
Vikhroli Residential Market Insights
- The average price for a housing property in Vikhroli is around ₹ 25,000 per sq. ft.
- The price for 1 BHK Flat in Vikhroli can range between ₹ 71 lakh - ₹ 1.15 crore.
- The price for 2 BHK Flat in Vikhroli can range between ₹ 1.10 crore - ₹ 3.5 crore.
- 3 BHK Flat in Vikhroli can cost anywhere between ₹ 2.2 crore - ₹ 5.50 crore.
- 4 BHK Flat in Vikhroli can cost anywhere between ₹ 5.60 crore - ₹ 8 crore.
- Kannamwar Nagar in Vikhroli is a famous area due to its being one of the largest housing colonies in India with vast amenities and excellent connectivity. Hence, the price of 2 BHK apartment in Vikhroli Kannamwar Nagar is higher than 1.20 crore.
- The exact price for a housing property in Vikhroli will depend on the total carpet area, location of the project, the developer, and the amenities offered.
- Vikhroli is one of the best Rental Localities due to its proximity to workplaces and seamless connectivity.
- The average monthly Rental Value for an apartment in Vikhroli is around ₹ 32,500 - ₹ 2,95,000.
3.
Connectivity and Transportation In Vikhroli
- Vikhroli Station on the Central Line offers seamless Railway Connectivity here.
- Ghatkopar Line 1, located 5 km away from Vikhroli, is the nearest Metro Station & connects Vikhroli to Versova.
- Major Roads, such as Eastern Express Highway and LBS Marg via Vikhroli, connect major areas of Thane and South Mumbai.
- Moreover, the Eastern Express Highway also connects seamlessly to Navi Mumbai.
- Jogeshwari - Vikhroli Link Road & Andheri Kurla Road provide easy connectivity to the Western Suburbs of Mumbai.
- Vikhroli East is in proximity to other major localities like Kanjurmarg, Powai, Mulund, Ghatkopar, and Bhandup.
4.
Social Infrastructure In Vikhroli
- Reputed Schools in and around Vikhroli include Orchid The International, Mumbai Public School, Guru Nanak School, Hiranandani Foundation School, etc.
- Hospitals in and around Vikhroli include Godrej Memorial, Ruby Hospital, Sarvodaya Hospital, Samarth Hospital, Aastha Hospital, etc.
- Renowned Malls like R City, InOrbit Mall, Neptune Magnet Mall, Phoenix Marketcity, Powai Plaza, R Odeon Mall, etc., serve the shopping needs of locals here.
- The Mumbai International Airport is just 12 km away from this locality.
5.
Employment Opportunities In Vikhroli
- Vikhroli is known for its close proximity to major commercial, IT, & industrial hubs.
- The popular iThink Techno Campus is barely 2 km away via Eastern Express Highway.
- The prominent Ghatkopar Industrial Zones are just 5 km away from Vikhroli East.
- Raiaskaran Tech Park is located only 7 km radius away from this locality.
- Industrial Hubs like Andheri MIDC and Marol MIDC are just 8 km away.
- Major commercial hubs like Bandra Kurla Complex, Airoli Mindscape, and Waghle Industrial Estate are within 12 km from here.
- Major Business Parks such as Godrej One, Hiranandani Business Park, Kensington SEZ, Kailas Business Park, Reliance Corporate Park, Nirlon Knowledge Park, NESCO IT Park, etc., are in the vicinity.
- Other employment hubs in nearby localities like Thane, Navi Mumbai, and Mumbai include TTC Industrial Area, Millennium Business Park, Veera Desai Industrial Estate, & TCS Olympus Centers are around 20 km away via JVLR & EEH.
- Close connectivity with Powai, Mulund, & Ghatkopar boosts employment opportunities for the residents in Vikhroli.
6.
Lifestyle In Vikhroli
- Vikhroli is an upscale locality & offers a sophisticated and convenient lifestyle.
- Hygiene and cleanliness are passionately taken care of in this locality.
- Some of the Recreational Places in Vikhroli include Entertainment Centers like KidZania Mumbai & Hakone, exploring the beautiful Powai Lake, several Water Parks nearby, and enjoying multiple activities or watching movies in Malls.
- There are many gardens & parks in Vikhroli offer green spaces for residents to unwind or enjoy a relaxing stroll.
- Vikhroli is considered a good place to live because of its thriving residential growth, superior connectivity, major work hubs, convenient lifestyle, and abundance of greenery. These advantages significantly benefit a homebuyer, making Vikhroli stand out as the best place to live.
7.
Safety and Security In Vikhroli
- Vikhroli is one of the safest localities situated in Mumbai.
- It has a significantly neat livelihood with a family-friendly neighbourhood.
- Police Patrolling is carried out to ensure the safety of the residents.
- All the necessary security measures are taken here by the security personnel.
- Police Stations nearby are available 24/7 to ensure security for the locals.
8.
Development and Future Prospects In Vikhroli
- Vikhroli is in Mumbai city, specifically situated in the eastern suburbs of the city and is known for its fast urban developments.
- The planned Lokhandwala - Jogeshwari - Vikhroli - Kanjurmarg Metro Line will result in tremendously boosted connectivity in this locality. ac
- The upcoming Overhead Bridge from Vikhroli East to Vikhroli West is set to help reduce traffic in the locality, enhancing the commute for the locals.
- Multiple Bank Branches are under construction and are set to improve the financial infrastructure in Vikhroli.
- Many new Residential Areas are rapidly developing in Vikhroli, meeting the increasing housing demand for homebuyers.
9.
Cultural and Community In Vikhroli
- Vikhroli has a diverse cultural community, where residents come together to celebrate different festivals & traditions.
- Religious Places in Vikhroli include Vikhroli Shree Ayyappa Temple, Baglamukhi Mata Mandir, Datta Sai Mandir, St Joseph Church, Buddhist Viharas, etc., are nearby.
- Some of the prominent Cultural Centres near Vikhroli are Nita Mukesh Ambani Cultural Centre (NMACC), Jio World Centre, Godrej Campus, etc.
10.
Environmental Factors In Vikhroli
- Vikhroli is home to one of the largest Mangrove Forests in the state of Maharashtra.
- It is a clean & well-managed locality with all the proper civic amenities.
- Popular Gardens & Parks, including Gurudev Ravindranath Tagore Udyan, Hatti Garden, Ramabai Thakre Garden, Sambhaji Park, Shantivan, etc., add to the green belt of the locality, offering peaceful and green surroundings to the locals.
- The air quality in Vikhroli is moderate, considering the ongoing developments and the presence of industrial areas nearby.
11.
Flat Configuration In Vikhroli
- Vikhroli offers Flat Configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 1 BHK is the most preferred Flat Configuration by homebuyers in Vikhroli.
- Independent Houses, Villas, and Plots are also available here.
- Some projects also offer Bare Shell Units for easy customization and flexibility.
12.
Property Price Growth In Vikhroli
- Vikhroli has witnessed 10% YOY price growth for housing properties.
- With all the developments and amenities, Multiple residential projects are upcoming in Vikhroli, leading to a consistent increase in property value.
- Influx of working professionals and improving connectivity, the rental value for properties in Vikhroli also gets higher.
Frequently Asked Questions
Some of the top residential areas in Off LBS Marg include Kanjurmarg, Vikhroli.
Off LBS Marg offers Apartment, Commercial Office, catering to various budget segments.
The average property price in Off LBS Marg ranges from ₹23,600 to ₹25,000 per sq.ft., depending on the location and amenities.
Off LBS Marg is well-connected via Bhandup, Ghatkopar, Kanjurmarg, Kurla, Mulund.
The metro stations in and around Off LBS Marg include key stops such as Marol Naka, Saki Naka, Asalpha, Jagruti Nagar, Ghatkopar, providing convenient connectivity to major areas.
Yes, areas like offer budget-friendly housing options in Off LBS Marg.
Areas like Off LBS Marg with price range above ₹1.07 Cr are known for luxurious residences in Off LBS Marg
Yes, Off LBS Marg offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.
Top 5 properties are:
Top 5 properties are:
