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Flats Under 1 Crore for sale in Lal Bahadur Shastri Marg Bhandup, Bhandup, Mumbai
100% Verified Real Estate Properties Mumbai. Find New Real Estate Projects & Best Selling Properties in Lal Bahadur Shastri Marg Bhandup, Bhandup, Mumbai. 0 Verified Flats/Apartments/Villas Only At HomeBazaar.Com.
About Properties In Lal Bahadur Shastri Marg, Bhandup, Mumbai for Sale
Overview of the Bhandup
- Bhandup is considered as a hidden gem of Mumbai and is known for its rapid urbanization.
- It is situated amidst blissful nature and offers good connectivity and affordable property rates.
- Bhandup is famous because it is the first location of Asia's first water filtration plant. Besides this, Bhandup stands out for its incredible connectivity and lush greenery. It is also one of the highly popular real estate locations in Mumbai.
- Bhandup is an urban locality that has transformed from a rural area to a thriving residential and commercial hub today.
- It comprises a mix of Residential, Commercial, and Industrial zones.
- This locality offers you a perfect blend of tranquility and convenience.
- The pin code of Bhandup is 400078
Bhandup Residential Market Insights
- The average property rates in Bhandup are ₹ 20,600 - ₹ 23,200 per sq. ft.
- Bhandup is a good area, especially because it offers convenient residential property options. It comprises a wide range from affordable to premium housing properties, catering to the different desires of every homebuyer.
- It consists of mid to premium segment properties where 2 BHK and 3 BHK flats are most preferred ones.
- The average cost of 1 BHK in Bhandup is between ₹ 30 lakh to ₹ 1.02 crore.
- The average cost of 2 BHK in Bhandup is between ₹ 1 crore to ₹ 3.90 crore.
- The average price of 3 BHK in Bhandup is between ₹ 2 crore to ₹ 4 crore.
- The Average Rental Value Range in Bhandup is between ₹ 26,000 - ₹ 66,900.
- Robust infrastructure and plenty of residential options such as Apartments, Villas, plots, etc, are available here.
- Bhandup residential market offers a great growth potential, making it an ideal location for those looking for an investment option.
Connectivity and Transportation In Bhandup
- Bhandup’s excellent connectivity through Eastern Express Highway, LBS Marg, Quarry Road, and Lake Road ensures smooth transportation.
- Bhandup Railway Station located in the Central Mumbai Line makes travel easier.
- Mumbai International Airport is accessible within 11-12 kms of drive from here.
Social Infrastructure In Bhandup
- Renowned hospitals like Fortis Hospital, Lotus Multi-specialty, Navkaari Hospital, Saarthi Hospital, and Hira Mongi Navneet Hospital are easily accessible.
- Top Schools like GS Shetty International School, St Xavier's High School, National Educational Society, DAV College, etc. are located in Bhandup.
- Well-known shopping destinations like R Mall, Korum Mall, Neptune Magnet Mall and Eternity Mall are around the corner.
- Popular Restaurants and Eateries like Urban Tadka, Pop Tate’s, and Barbeque Nation are within a few mins.
- Both Bhandup East and West offer good liveability. However, Bhandup West is comparatively more preferred. The major reason to consider Bhandup West a good area to live in is that it enables easy access to transportation, markets, and essential amenities.
Employment Opportunities In Bhandup
- Bhandup is a hub for manufacturing and engineering industries.
- It is home to several Textile Industries like Reliance Industries Ltd., Armaan Silk Mills, etc.
- Major employment locations such as Mulund and Airoli are in the vicinity.
- It consists of prominent business companies like Dharmaraj Industrial Estate, Sharad Industrial Estate, etc.
- Significant commercial hubs like Powai and Vikhroli are also easily accessible.
- LBS Marg and Eastern Express Highway enable travelling to key commercial hubs.
- IIT Bombay is only 6 kms from Bhandup.
- The rental market is slowly boosting due to an influx of working professionals.
Lifestyle In Bhandup
- Bhandup consists of versatile lifestyle options.
- It has numerous recreational spots like Yoga Studio, Resorts, Parks, and the famous Shivaji Talao.
- Powai Lake and Mahakali Caves are some of the retreats nearby.
- There are a lot of green spaces that uplift the serenity of the locality.
Safety and Security In Bhandup
- Bhandup has peaceful ambience and harmonious residential spaces.
- It offers secure and fulfilling living for the people here.
- This Locality is 24x7 under Police Surveillance.
Development and Future Prospects In Bhandup
- Bhandup is rapidly transforming into a prime residential and commercial hub.
- Bhandup Metro Line 4 that covers around 32 kms from Wadala, South to Kasarvadavli, North is under construction and is set to accelerate development around the areas.
- The locality will be served with better water quality as a result of the newly developed ultra-modern water treatment plant.
- Extension of LBS Marg Road is also a work in progress.
- The fast happening developments are expected to increase property values and ROI for rentals.
Cultural and Community In Bhandup
- An old religious place, Bhandupeshwar Mahadev Mandir dedicated to hindu god Shiva is in Bhandup.
- A rich cultural and community life thrives in this locality.
- Community halls here preserve and promote traditions and festivals.
- There are numerous Art Galleries and Street Art Installations within proximity.
Environmental Factors In Bhandup
- The heart of water supply of Mumbai, the Bhandup Pumping Station is a must-visit place for every nature-lover.
- There are many parks and green spaces here.
- A family-friendly neighbourhood is enjoyed in Bhandup.
- The air quality is moderate here considering the ongoing developments.
Flat Configuration In Bhandup
- Flats in Bhandup come in a variety of configurations including 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- The flat sizes available here are from 400 sq. ft. to 2000+ sq. ft. with some offering customization options.
- Villas, Farmhouses, and Weekend Homes are available here.
- Here, bare shell units for both residential and commercial purposes are also offered.
Property Price Growth In Bhandup
- Property in Bhandup has had a price appreciation of 3.5% in the last 1 year.
- The floor prices in Bhandup have increased 8% in the last 1 year.
- Rental rates are estimated to increase considering the on-going and upcoming improvements and developments.