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Commercial Properties for sale in Malabar Hill, Mumbai
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About Properties In Malabar Hill, Mumbai for Sale
Overview of Malabar Hill
- Malabar Hill is an ultra-luxury locality located in South Mumbai.
- Malabar Hill is expensive because it is the most exclusive location & has some of the most luxurious residences.
- The locality is situated amidst an abundance of greenery & is surrounded by the sea.
- It's home to some of the wealthiest individuals, making it a high-end residential area.
- The locality comprises a variety of popular commercial, industrial, & office properties.
- Malabar Hills consists of several tourist attractions, leading to higher value.
- The Pin Code of Malabar Hill is 400006.
Malabar Hill Residential Market Insights
- Malabar Hill consists of some of the most expensive apartments in Mumbai.
- The average price range for a housing property in Malabar Hill is ₹ 75,200 per sq. ft.
- It houses several Big Personalities, Business Tycoons, & Government Officials.
- The price of 1 BHK in Malabar Hill can cost approximately ₹ 90 lakh - ₹ 9 crore.
- The cost of 2 BHK in Malabar Hill can cost approximately ₹ 4 crore - ₹ 15 crore.
- The price of 3 BHK in Malabar Hill can be priced between ₹ 8.70 crore - ₹ 22 crore.
- The price of 4 BHK in Malabar Hill can cost around ₹ 18.30 crore - ₹ 37 crore.
- The price of 5 BHK in Malabar Hill can cost around ₹ 26 crore - ₹ 47 crore.
- The exact price for a property will depend on the number of rooms, amenities offered, & the developer of the property.
- With the presence of many commercial & industrial hubs in proximity, Malabar Hill is one of the best rental localities.
- The average monthly rental value for a property in Malabar Hill is ₹ 62,000 - ₹ 69,000.
- This locality offers expensive and elite housing properties by highly reputed developers.
Connectivity and Transportation In Malabar Hill
- Mumbai Central Railway Station & Charni Road Railway Station are barely 4 km away.
- Grant Road Railway Station is only 2.6 km away from Malabar Hill.
- Major roads providing good connectivity to this locality include Nepean Sea Road & Chowpatty Seaface.
- Other arterial-connected roads in Malabar Hill enhance the connectivity of the locality.
- Well-maintained roads play an important role in improving travel for commuters here.
- Public Transportation options, including Buses, Taxis, & Cabs, are frequently available.
- Chhatrapati Shivaji Maharaj International Airport is a 19 km drive.
Social Infrastructure In Malabar Hill
- Reputed Medical Facilities such as Bhatia Hospital, Desa’s Hospital, B. D. Petit Parsee General Hospital, St. Elizabeth’s Hospital, etc., are nearby.
- Prominent Educational Institutes such as Birla Open Minds International School, Everest College, Jai Hind College, Casa Montessori School, etc., are nearby.
- Heera Panna Shopping Centre, Cosmos Fashions, CR2 Mall, Atria The Millennium Mall, and Phoenix Palladium Mall serve the shopping needs of residents.
- The widely known Nariman Point & Cuffe Parade are just within 8 km of Malabar Hill.
- The locality is adjacent to the great Arabian Sea and Seaside Chowpatty, allowing blissful surroundings for the residents.
Employment Opportunities In Malabar Hill
- Malabar Hill is located in the vicinity of various commercial & business hubs that benefit residents here.
- Major employment zones such as Bandra Kurla Complex (BKC), Lower Parel, Worli, and Nariman Point are easily reachable.
- Strong road and rail connectivity boosts the employment opportunities for the residents, allowing smooth & quick travel options.
Lifestyle In Malabar Hill
- Malabar Hill follows a highly sophisticated, comfortable, & lavish lifestyle.
- The famous Hanging Garden, one of the tourist attractions in the locality, is located at the top of Malabar Hill and offers a panoramic view of Marine Drive.
- Various Historical Landmarks, including South Court Mansion, Chief Minister Bungalow (Varsha), Government Guest House Sahyadri, etc., are in the vicinity.
- Other iconic tourist attractions in Malabar Hill include Kamala Nehru Park, Antilia, and the Mani Bhavan Gandhi Museum.
- Prestigious clubs such as the Malabar Hill Club & the Willingdon Sports Club are here.
Safety and Security In Malabar Hill
- Malabar Hill is one of the prime, posh, & safest localities in Mumbai.
- It offers uncompromised security in elite societies with strict safety protocols.
- Major areas of the localities & public places are covered under CCTV surveillance.
- Police patrolling is carried out day and night to ensure the security of residents.
Development and Future Prospects In Malabar Hill
- The redevelopment of the Mumbai Central Railway Station will offer better services and amenities to the locals.
- The connecting Coastal Road’s Dahisar Link is expected to boost connectivity in the locality.
- To match the increasing demand for residential areas, several residential properties are soon to be launched.
- An elevated Nature Trail Walkway is in process in Malabar Hill.
Cultural and Community In Malabar Hill
- Malabar Hill houses a rich cultural heritage with numerous Historical Landmarks, Heritage Sites, & Temples.
- Notable Religious places in Malabar Hill include Walkeshwar Temple, Sri Sri Radha Gopinath Temple, Chandanbala Jain Temple, Durga Mata Mandir, etc.
- Key Cultural attractions such as Mani Bhavan Gandhi Museum and Banganga Tank are within 10 minutes.
- Other religious places, including Babulnath Temple, Shankar Mandir, Khandoba Mandir, Shri Venkatesh Balaji Mandir, Sai Baba Temple, etc., are nearby.
Environmental Factors In Malabar Hill
- Malabar Hill is famous for its luxury lifestyle, presence of beautiful greenery, and the sea. It offers a fresh & pleasant environment to the residents.
- Several gardens and parks, including Priyadarshini Park, Shantivan Garden, Hanging Garden, Kamala Nehru Park, Udanchand Kendra, etc., add to the local green belt.
- The air quality of Malabar Hill is between good and moderate, offering a healthier atmosphere compared to some of the other localities.
Flat Configuration In Malabar Hill
- Malabar Hill offers flat configurations of 1 BHK, 2 BHK, 3 BHK, 4 BHK, & 5 BHK.
- 2 BHK & 3 BHK are the most preferred configurations by homebuyers in Malabar Hill.
- The majority of Homebuyers prefer properties costing over 1 crore in this locality.
- Villas, Second Homes, Independent Houses, & Plots are also available here.
Property Price Growth In Malabar Hill
- Malabar Hill has witnessed a price appreciation of 5.2% in the last 3 years.
- Being one of the upscale localities of Mumbai, housing properties in Malabar Hill have seen considerable price growth consistently.
- The locality is known to house the luxury and ultra-luxury segment and is home to various celebrities and big personalities, making the living pricey.
- The ease of connectivity to various commercial and business hubs and an influx of working professionals lead to constantly increasing rental value as well.
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Frequently Asked Questions
What are the popular residential areas in Malabar Hill?
Some of the top residential areas in Malabar Hill include Sewri, Worli, Parel.
What types of properties are available in Malabar Hill?
Malabar Hill offers Apartment, catering to various budget segments.
What is the average property price in Malabar Hill?
The average property price in Malabar Hill ranges from ₹73,100 to ₹76,600 per sq.ft., depending on the location and amenities.
What are the metro stations in and around Malabar Hill?
The metro stations in and around Malabar Hill include key stops such as Mumbai, Maxim, ShivShakti C.H.S, Four Seasons Hotel Mumbai, The St. Regis Mumbai, providing convenient connectivity to major areas.
Are there affordable housing options in Malabar Hill?
Yes, areas like offer budget-friendly housing options in Malabar Hill.
Are there luxurious housing options in Malabar Hill?
Areas like Nepeansea Rd, Walkeshwar Road with price range above ₹25.59 Cr are known for luxurious residences in Malabar Hill
Are there luxurious housing options in Malabar Hill priced above ₹1 crore?
Yes, Malabar Hill offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 2 properties are: