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Flats Under 7 Crore for sale in Wadala, Mumbai
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About Properties In Wadala, Mumbai for Sale
Overview of Wadala
- Wadala is a part of South Bombay and an upscale residential area.
- It offers high-end living and is experiencing increasing real estate demand.
- Wadala is famous for its notable transformation from industrial prominence to premium residential developments. It is also well-known for improving infrastructure, vibrant cultural scenes, reputed educational institutions, and excellent connectivity.
- Wadala has many high-rise apartments and several other housing options.
- It is known as an educational hub and is home to reputed schools & colleges.
- It is strategically located good and allows easy access to several transportation routes.
- With its excellent surroundings, infrastructure, and modern amenities, Wadala is an ideal real estate investment location.
- Wadala has a wide range of recreational places, enhancing the lifestyle of residents.
- The Pin Code of Wadala is 400031.
Wadala Residential Market Insights
- The price for property in Wadala is approximately ₹ 36,550 per sq. ft.
- The average price of 1 BHK flat in Wadala is around ₹ 1 crore - ₹ 2 crore.
- The average price of 2 BHK in Wadala can range between 1.90 crore - 3.4 crore.
- The average price of 3 BHK in Wadala can range from ₹ 3.15 crore to ₹ 5.5 crore.
- The average price of 4 BHK flat in Wadala can range from ₹ 5.40 crore to ₹ 9 crore.
- However, the final cost for a flat in Wadala will be influenced by factors such as the developer of the property, location, amenities, and type of property (new or resale).
- With commercial hubs and industrial estates in proximity, Wadala is a lucrative rental destination. It is especially in demand by working professionals.
- The average rental value in Wadala is approximately ₹ 53,000 - ₹ 3,05,000.
- Wadala is a good place to live and invest, as it has emerged as a promising residential area with a highly comfortable lifestyle and all essential facilities within proximity.
Connectivity and Transportation In Wadala
- Wadala Road Railway Station is on the Harbour Line and serves as a major connectivity in Wadala.
- Other nearest railway station to Wadala is Dadar Railway Station at 5 km.
- Wadala Bridge Station of Mumbai Monorail on Line 1 benefits the Wadala locals.
- Key roadways like Eastern Express Highway and Eastern Freeway offer vast road connectivity in Wadala.
- Other key roads like Wadala Bridge, LM Nadkarni Marg, and Reynolds Road boost the road connectivity in Wadala further.
- Excellent connectivity and proximity to work hubs are major reasons that make Wadala a good rental location, especially for working professionals.
- Major locations like Dadar, Sion, Parel, and Chembur are easily reachable from Wadala.
- Several public transportation like autos, taxis, and buses are also easily available here.
- Bus depots in and near Wadala include Wadala Bus Depot and Dharavi Bus Depot.
- Chhatrapati Shivaji Maharaj International Airport is approximately 14 km away from Wadala.
Social Infrastructure In Wadala
- Wadala offers good infrastructure with well-established residences, important facilities, modern amenities, well-maintained roads, etc.
- Reputed hospitals such as Mumbai Port Trust Hospital, R. S. V. Hospital, KEM Hospital, and Tata Memorial Hospital are located nearby.
- Notable Schools and Colleges in Wadala are St. Joseph's High School, Mumbai Public School, The Andhra Education Society's High School, B.G.P.S. Mumbai College, Dr.Ambedkar College of Commerce & Economics, etc.
- For easy access to daily necessities, Dadar Athawadi Bazar and Bhoiwada Market are some of the notable marketplaces nearby.
- Good-rated restaurants such as Royal Family Restaurant, Cafe Madras, Hotel Mauli, Relax Fast Food Restaurant, etc., offer a fine dining experience here.
- Several shopping centers like Nakshatra Mall and Star Mall serve the shopping needs of the locals.
- Luxury hotels like Hotel City Point, Hotel Aroma, ITC Grand Central, and Grand Hyatt Mumbai Hotel & Residences offer highly comfortable accommodations.
Employment Opportunities In Wadala
- Employment Hubs near Wadala like Indiabulls Finance Centre, Kamala Mills Compound, Business Arcade Tower, Peninsula Corporate Park, Century Mills Compound, Lodha Supremus, and Lodha Excelus are within just 5 km.
- Industrial Estates like Lalwani Industrial Estate, Balgopal Industrial Estate, and Hiren Industrial Estate are located in easy proximity.
- The prominent Bandra Kurla Complex is just a 10 km drive from Wadala.
- Major Commercial Centers like Mumbai Port Trust, Bombay Stock Exchange, World Trade Centre, Maker Chambers, and Kanakia Zillion are within 12 km -13 km.
- Popular commercial locations like Bandra, Dadar, Lower Parel, etc., are reachable within 7 km - 9 km.
- Government offices like Mantralaya and the New Administration Building Nariman Point, are accessible within 12 km from Wadala.
Lifestyle In Wadala
- Wadala is a luxury locality that offers a comfortable lifestyle with a perfect blend of traditional and modern elements.
- Wadala comprises several recreational places, important infrastructure, and modern amenities that provide an exceptional living experience for homebuyers.
- Recreational places in and near Wadala like Hygienic Thai Spa, Spa Shore, Gold Cinema, Nehru Science Centre, Park View Point, Nakshatra Mall, High Street Phoenix Mall, etc., offer residents a quality leisure time.
- Several sports facilities in and near Wadala are the Wadala Sports Club, GSB Sabha Sports Club, Matunga Gymkhana, Worli Sports Club, etc., that offer the locals sports and fitness opportunities.
- A popular tourist spot, Sewri Mangrove Park is just 2 km away from Wadala.
- There are many gardens and parks in Wadala, offering locals green space to unwind or simply enjoy a relaxing walk
Safety and Security In Wadala
- Wadala is a well-established locality with proper civic facilities, creating a safe environment to reside in.
- Majority of complexes and residential areas carry out proper security measures to ensure the safety of the residents.
- There are police stations in the locality within easy reach, assuring security to locals.
- Police Patrolling is conducted frequently and is heavier at night.
Development and Future Prospects In Wadala
- Upcoming Wadala Metro that connects towards Kasarvadali will significantly boost Wadala connectivity to Thane and other areas of Mumbai.
- The planned Aqua Metro Line will benefit the daily commuters of Wadala via Dadar Station, which is just 3 km away.
- Under construction Green Metro Line will be connecting Wadala Bhakti Park Stop to Gaimukh, further enhancing the connectivity.
- The in-process Sewri-Worli elevated road is expected to boost travelling time for daily commuters from Wadala West.
Cultural and Community In Wadala
- Wadala has a mix of traditional and modern living community that belong to different cultural backgrounds.
- People here celebrate various types of traditions and festivals together, promoting harmony, unity, and diversity.
- Several religious places in Wadala include Ram Mandir, Wadalyacha Maharaja, Gurudwara Sri Dasmesh Darbar, St Joseph Church, etc.
- Widely famous Lal Baugcha Raja Temple is just 12 minutes away from Wadala.
- Cultural hubs such as Dadar Matunga Cultural Centre, Russian Centre for Science & Culture, etc., are within easy reach.
Environmental Factors In Wadala
- Wadala offers a pleasant environment with a family-friendly neighbourhood.
- There is plenty of greenery and nature spots in the locality, giving it a peaceful atmosphere.
- Several gardens and parks in Wadala, including Bhakti Park Udyaan, Five Gardens, Maharshi Karve Udyan, Rustom Tirandaz Park, Margi Baug, etc., add to the green belt of the locality.
- Currently, the air quality in Wadala is fair to moderate. This is considering the ongoing constructions and developments.
Flat Configuration In Wadala
- Wadala offers flat configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 2 BHK is the popularly preferred flat configuration by homebuyers in Wadala.
- Besides apartments, other properties like Villas, Independent Floor, Independent Houses, and Plots are also available in Wadala.
- Some developers also offer bare shell units, allowing better flexibility and customization to the homebuyers.
Property Price Growth In Wadala
- Properties in Wadala have witnessed a price appreciation of overall 16% in the last 3 years.
- The YOY price growth for properties in Wadala was around 5.3%.
- While Wadala East YOY price growth was 7%, Wadala West YOY price growth was 12%.
- With infrastructure improvements and increasing demand for housing, the Wadala Real Estate Market is expected to experience continued price growth.
- Wadala housing market has reported steady price growth in recent years and it is estimated to experience around 10% - 15% value appreciation in the next 3 years.
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Frequently Asked Questions
What are the popular residential areas in Wadala?
Some of the top residential areas in Wadala include Vikhroli, Bhandup, Sewri, Worli, Parel.
What types of properties are available in Wadala?
Wadala offers Apartment, Retail Shop, Commercial Office, catering to various budget segments.
What is the average property price in Wadala?
The average property price in Wadala ranges from ₹34,900 to ₹35,150 per sq.ft., depending on the location and amenities.
What are the major connectivity options in Wadala?
Wadala is well-connected via Bhandup, Ghatkopar, Kanjurmarg, Kurla, Mulund.
What are the metro stations in and around Wadala?
The metro stations in and around Wadala include key stops such as Marol Naka, Saki Naka, Asalpha, Jagruti Nagar, Ghatkopar, providing convenient connectivity to major areas.
Are there affordable housing options in Wadala?
Yes, areas like offer budget-friendly housing options in Wadala.
Are there luxurious housing options in Wadala?
Areas like Near SM Uphill Road, Nr Sewri Chembur Road, GTB Nagar, Bhakti Park, Eastern Freeway with price range above ₹4.1 Cr are known for luxurious residences in Wadala
Are there housing options in Wadala ranging from 60L to 1Cr?
Yes, Wadala offers several housing options in the ₹60L to ₹1Cr range, providing well-designed apartments with modern amenities in prime residential areas.Top 2 properties are:
Are there luxurious housing options in Wadala priced above ₹1 crore?
Yes, Wadala offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 5 properties are: