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Flats Under 40 Lakh for sale in Mankoli Bhiwandi, Mumbai
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About Properties In Mankoli, Bhiwandi, Mumbai for Sale
Overview of Bhiwandi
- Bhiwandi is a mid-segment area located in the Thane district and a part of the Metropolitan Region.
- Bhiwandi is strategically situated along the regions, such as Thane City, Kalyan, Ulhasnagar, Dombivali and Badlapur.
- Bhiwandi is considered an urban area, where industrialisation and residential occupations are at their peak.
- Bhiwandi West is primarily residential, and East is industrial.
- The region offers affordable property rates, falling within the mid-level budget segment.
- Due to its growing population, industrialisation, reasonable property rates and connectivity, Bhiwandi is considered a good place to live and invest.
- The PIN Code of Bhiwandi City is 421302.
Bhiwandi Residential Market Insights
- The average property price in Bhiwandi ranges from ₹ 5,250 to ₹ 10,700 per sq. ft. and beyond.
- The average price of a 1 BHK in Bhiwandi is around ₹ 26.5 lakh to ₹ 46.7 lakh.
- The average price of a 2 BHK in Bhiwandi is around ₹ 44 lakh to ₹ 77.5 lakh.
- The average price of a 3 BHK in Bhiwandi is around ₹ 86.5 lakh to ₹ 1.65 Crore.
- The average rental price in Bhiwandi ranges from ₹ 7,200 to ₹ 28,500 monthly or more.
- The dominant residential areas, land parcel availability, connectivity, and upcoming metro infrastructure (Line 5, Line 12, and Line 14) have increased property buying and rental demand in Bhiwandi.
- The average price of land plots in Bhiwandi ranges from ₹ 875 to ₹ 13,150 per sq. ft.
- Bhiwandi mainly offers mid-segment and affordable residential and industrial properties.
- Prices of properties may vary based on certain factors such as apartment configuration, exact carpet area, location, scenic advantages, etc.
- In Bhiwandi, properties are available in both ready-to-move and under-construction conditions.
- Several reputed builders and developers have rapidly been developing Bhiwandi.
Connectivity and Transport In Bhiwandi
- Bhiwandi is internally well-connected via the KDMT (Kalyan Dombivali Municipal Transport) and regionally via the MSRTC (Maharashtra State Road Transport Corporation) bus network.
- To travel via the local train network within the state, residents can travel from the nearest Kopar and Dombivali stations, whereas for travelling across the state, Kalyan Junction is the nearest.
- Other than buses and railways, the cities' public transport is well-served by auto rickshaws and other transport options.
- The primary roadway connections from Bhiwandi include the Bhiwandi-Wada Road, the Vadpe-Thane Bypass Road, the -Nashik Highway (NH-3), the Kalyan-Bhiwandi Road, and the Bhiwandi-Thane Road.
- Bhiwandi Station Road, Anjurpada Road, Chinchoti-Anjurpada Road, DP Road and Pipeline Road are arterial roads that enable smooth travel in Bhiwandi.
- The Chhatrapati Shivaji Maharaj International Airport is 32.5 km away, and the Navi International Airport is 40.8 km away from Bhiwandi.
Social Infrastructure In Bhiwandi
- Bhiwandi is well-equipped with essential social infrastructure and civic facilities to cater to the needs of the residents.
- There are several reputed educational institutes in the area, such as S.H. Jondhale School, South Indian School, DNC High School, Tilak Nagar Vidya Mandir High School, Orchids The International School, Regal College, Shantinagar School, Dr. Babasaheb Ambedkar Law College, etc.
- Well-known hospitals in Bhiwandi include Shushrusha Hospital Thane, Lotus Hospital, Pranayu Multispeciality Hospital, Dhanwantari Health Care Hospital, Citizen Hospital, etc.
- DMart (Kolshet), Dhana Bhana Kirana Stores and Shama Supermarket Limited are the top-rated and well-equipped supermarkets in Bhiwandi.
- For the convenience of the residents, there are also other essential services available in the area, such as markets, supermarkets, ATMs, banks, petrol pumps, hotel stays, restaurants, cafes, etc.
Employment Opportunities In Bhiwandi
- Bhiwandi is famous for its proximity to some of the most well-known industrial areas in Bhiwandi East.
- Other than that, many major industrial and commercial hubs are also in proximity.
- Bhumi World Industrial Park, ESR Bhiwandi Logistics Park, Hiranandani Industrial Parks, and Krishna Landmark are within Bhiwandi.
Lifestyle In Bhiwandi
- The lifestyle of Bhiwandi is mainly residential in nature. It has a mix of residential and industrial properties to offer.
- Bhiwandi has a vibrant environment with its developing residential and industrial areas, which offer opportunities for families, businesses and investors.
- Various popular tourist sites in Bhiwandi include Lonad Caves, Lakes like Varaladevi and Pimplas, Saatpool Bird Watching, Chinchoti Waterfall and Mahuli Fort. Tourists can easily visit here due to Bhiwandi’s robust internal road network.
- Bhiwandi is well known for its natural and peaceful heritage in the form of temples.
- Tourists usually visit these attractions during the rainy and winter seasons.
Safety and Security In Bhiwandi
- Bhiwandi City Police Station takes care of the city’s security and safety.
- The police station regularly patrols the city to prevent any crime incidents or illegal activities.
- Traffic regulation is done thoroughly through traffic officers and traffic signals.
- Fire safety measures like fire extinguishers and alarms are set up in crowded areas.
Development and Future Prospects In Bhiwandi
- The ongoing road development projects in Bhiwandi are the widening of Anjurphata-Kalyana Naka and the 8-lane expansion of Thane-Vadpe Bypass road.
- For smooth access to JNPT and Navi International Airport, and to boost logistics and warehousing, the Virar-Alibaug Multimodal Corridor (126 Km) is being constructed.
- The Bhiwandi is transforming into A-Grade Houses for E-Commerce, FMCG, and 3PL Companies.
- Metro will add a magnificent value to the social infrastructure of Bhiwandi: Metro line 5 extension (Thane-Bhiwandi-Kalyan) and Metro line 14 (Vikhroli-Badlapur). This metro network will connect Bhiwandi with the entire .
- These forthcoming infrastructures are contributing to the value of Bhiwandi’s real estate investments day by day.
Culture and Community in Bhiwandi
- Bhiwandi is known as the "Manchester of India" or the "City of Weavers"; it is a thriving industrial hub of Maharashtra.
- Bhiwandi is famous for its textile industry and has become a huge warehousing and logistics centre.
- Bhiwandi is considered a cosmopolitan area. A diverse population is settled here in peace and harmony.
- Bhiwandi presents a vibrant street food culture. There are several fine dining places here that serve traditional cuisine options.
- There are many temples in the area that preserve the area’s cultural significance, giving a sense of spirituality. These temples are also architecturally intricate.
- Siddhivinayak Mahaganpati Temple, Vajreshwari Temple, Shree Sankat Mochan Hanuman Temple, Shankar Temple, Sachchai Mata Temple, and Chhatrapati Shivaji Maharaj Mandir are some well-known temples in Bhiwandi.
Environmental factors in Bhiwandi
- Bhiwandi is a residential and industrially developing area, but it well preserves its natural surroundings, promoting a sustainable living environment.
- The area of Bhiwandi has several green parks and open spaces in the vicinity that keep the surroundings peaceful and fresh.
- The historic Lonad Fort, Chhatrapati Shivaji Maharaj Smarak, Pataleshwar Mandir, and Chinchoti Waterfall are in the vicinity, where residents and tourists visit to experience a peaceful and serene view and atmosphere.
Flat Configuration in Bhiwandi
- Bhiwandi offers a range of 1 BHK, 2 BHK, and 3 BHK properties.
- These properties are available in both under-construction and ready-to-move conditions.
- 1 BHK properties are most popular in Bhiwandi.
- Bhiwandi mainly has affordable and mid-segment housing properties. But it also has some premium residences.
- The area primarily offers apartments, warehouses, and plots, but other properties like independent apartments and industrial lands are also popular here.
Property Price Growth in Bhiwandi
- In the last 1 year, Bhiwandi has witnessed a steady 6.5% overall price growth.
- Whereas in the last 3 years, Bhiwandi has experienced 11.8% price appreciation.
- Over the past 5 years, Bhiwandi has experienced a remarkable 32.8% growth.
- Also, a residential rental yield of around 3.2% to 6.5% and a commercial rental yield of around 5.8% to 11.5% have been achieved due to an increased demand for rental properties.
- Due to rapid development and steady industrialisation along with urbanisation, Bhiwandi is expected to experience rapid price growth in the near future.
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Frequently Asked Questions
What are the popular residential areas in Bhiwandi?
Some of the top residential areas in Bhiwandi include Bhiwandi.
What types of properties are available in Bhiwandi?
Bhiwandi offers Apartment, Plot, Villa, catering to various budget segments.
What is the average property price in Bhiwandi?
The average property price in Bhiwandi ranges from ₹11,700 to ₹12,100 per sq.ft., depending on the location and amenities.
What are the major connectivity options in Bhiwandi?
Bhiwandi is well-connected via Ambernath, Ambivili, Atgaon, Badlapur, Bhivpuri.
What are the metro stations in and around Bhiwandi?
The metro stations in and around Bhiwandi include key stops such as Kasarvadavali, Vijay Gardens, Tikuji Ni Wadi Station, Manpada (Thane), Kapurbawdi, providing convenient connectivity to major areas.
Are there affordable housing options in Bhiwandi?
Yes, areas like Mankoli offer budget-friendly housing options in Bhiwandi.
What are nearby locations in Bhiwandi within 3KM?
Bhiwandi is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Bhiwandi
Are there luxurious housing options in Bhiwandi?
Areas like Mankoli with price range above ₹79.9 L are known for luxurious residences in Bhiwandi
Are there housing options in Bhiwandi ranging from INR 30L to 60L?
Yes, Bhiwandi offers flats starting at ₹30L to premium luxury residences going up to ₹60L. Buyers can explore these options in prime localities with modern amenities:
Are there housing options in Bhiwandi ranging from 60L to 1Cr?
Yes, Bhiwandi offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 1 properties are:
Are there luxurious housing options in Bhiwandi priced above ₹1 crore?
Yes, Bhiwandi offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 3 properties are: