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About Properties In Shahaji Raje Marg, Vile Parle, Mumbai for Sale
Overview of Vile Parle
- Vile Parle is one of the most sought-after real estate locations in Mumbai.
- It comprises a mix of premium-quality residential areas and commercial areas.
- It's known as an Educational Hub as it houses multiple educational facilities.
- Vile Parle offers excellent connectivity with easy access to major parts of the city.
- Vile Parle is famous for its proximity to the international airport and several major employment hubs. This makes it a great investment option.
- It is home to many recreational places, offering quality leisure time for the residents.
- The Pin Code of Vile Parle is 400056.
Vile Parle Residential Market Insights
- The average flat rate in Vile Parle is ₹ 45,000 per sq. ft.
- Vile Parle is a posh area comprising a luxury residential market with a wide variety of housing options at premium prices.
- Price for 1 BHK flats in Vile Parle can range between ₹ 1.71 crore to ₹ 1.92 crore.
- Price for 2 BHK flats in Vile Parle can range between ₹ 2.80 crore to ₹ 3.5 crore.
- Price of 3 BHK flats in Vile Parle can be priced around ₹ 3.10 crore - ₹ 5.50 crore.
- 4 BHK flats in Vile Parle can be priced around ₹ 5.50 crore - ₹ 7 crore.
- The exact cost of a housing property in Vile Parle can vary depending on the total carpet area, location, amenities, and developer of the property.
- It is one of the best rental localities in Mumbai, due to its proximity to major commercial zones and the airport.
- The average monthly rental value in Vile Parle East is ₹ 44,000 - ₹ 1,18,000.
- The average monthly rental value in Vile Parle West is ₹ 48,000 - ₹ 4,50,000.
- The final monthly rental value in Vile Parle will depend on the number of rooms and amenities offered.
Connectivity and Transportation In Vile Parle
- Vile Parle Railway Station on the Western & Harbour Lines serves the locals vastly.
- Andheri Metro Stop on the Blue Line, which is just 3 km away from this locality, links Vile Parle to Ghatkopar.
- Sahar Road Metro Station connects Vile Parle to the Mumbai Metro Network on Aqua Line 3.
- Western Express Highway and SV Road are the major roadways offering seamless road connectivity to this locality.
- Jogeshwari - Vikhroli Link Road and Santacruz - Chembur Link Road enhance road connectivity here.
- Vile Parle has good road infrastructure as well, resulting in quicker & smoother travel.
- Public transportation options such as Buses, Autos, and Cabs are easily available, benefiting the daily commuters.
- Vile Parle is home to the T2 terminal of Chhatrapati Shivaji Maharaj International Airport, boosting connectivity and value of the locality.
Social Infrastructure In Vile Parle
- Esteemed Educational Institutions in Vile Parle include Ramabai Paranjape Balmandir, Tilak Vidyalay, Sathaye College, D.J. School of Engineering, BL Ruia High School, GPM Degree College, Mithibai College, Jivanlal College, etc., are within reach.
- Reputed Medical Facilities in Vile Parle include Dr. R. N. Cooper Municipal General Hospital, KLS Memorial Hospital, Four Care Hospital, Nanavati Hospital, Advanced Multi-specialty Hospital, etc., are easily accessible.
- Prime Mall, Parle Square Mall, Pride Shopping Mall, Infiniti Mall, Fun Republic Mall, Alfa Market, Oberoi Mall, etc., fulfill the diverse shopping needs of the residents.
- Grocery markets and shops for daily essentials are nearby in different areas for easy availability for the residents.
- There are several Gardens and Parks in Vile Parle, such as Ishwarlal Park, Bhagatsingh Garden, Swatantrya Veer Sawarkar Udyan, Sathaye Udyan (Trikoni Garden), Pushpa Narsee Park, Children's Knowledge & Forest Park, etc., allowing residents to unwind or enjoy a stroll.
- Vile Parle is home to the first Factory of the iconic Parle Biscuit Company.
Employment Opportunities In Vile Parle
- Vile Parle has a variety of potential sectors offering employment for the locals such as Banking, Retail Services, Consulting Services, and Media Sectors.
- Chakala Industrial Area is just 5 km away from the locality.
- SEEPZ is around 7 km away from Vile Parle.
- Employment hubs such as Andheri, Bandra, Santacruz, Kalina, etc., are accessible within 5 km - 10 km from the locality.
- The famous commercial zone Bandra Kurla Complex (BKC) is just 11 km away.
- Business Hubs in Vile Parle include Planet Industrial Estate, E Square, Zee Corporate Park, Peninsula Corporate Park, Solitaire Corporate Park, Leela Business Park, Equence Technologies, Lotus Corporate Park, etc., boosting employment opportunities for the locals.
Lifestyle In Vile Parle
- Vile Parle enjoys a sophisticated and comfortable lifestyle.
- Vile Parle is considered expensive due to the presence of modern amenities, a thriving residential market, and prominent commercial areas. These result in higher demand for housing properties and support a luxury lifestyle.
- There are many recreational places in Vile Parle, including Dolphin Aquarium, Escape Room Mumbai, Skidz Play Spaces, Bhavan's Nature & Adventure Centre, RBI Monetary Museum, etc, allowing a refreshing and fun time for the locals.
- Vile Parle is in good proximity to Nanavati Sports Club and Juhu Gymkhana Club, offering fitness opportunities to the residents.
- It houses a wide variety of Restaurants and Cafes in and around the locality, offering a fine dining experience.
- Juhu Beach and Muktangan Gardens are some of the major tourist destinations nearby.
Safety and Security In Vile Parle
- Vile Parle is one of the well-maintained and safest locations in Mumbai.
- The Police Station is located in the middle of the locality, ensuring easy access for the locals.
- Police patrols are conducted regularly and are especially heavier at night.
- It is a pleasant and family-friendly neighbourhood.
Development and Future Prospects In Vile Parle
- Mumbai Metro 2B Yellow Line is set to have a Metro Station at Indira Nagar in Vile Parle.
- Metro Line (Aqua) will be improving Vile Parle access to Cuffe Parade.
- Upcoming Yellow Metro Line 2B will have a Station at Vile Parle West.
- Pink Metro Line will be linking Vile Parle to Vikhroli via the JVPD Scheme.
- DP Road will link SV Road to St. Francis Road in Vile Parle.
Cultural and Community In Vile Parle
- Vile Parle fosters a vibrant and diverse cultural community.
- Locals celebrate different traditions and festivals together, promoting diversity & unity.
- Religious places in Vile Parle include Shri Parleshwar Temple, Saibaba Mandir, Laxmi Narayan & Shiv Mandir, Mahalakshmi Devi Temple, etc.
- Mukesh Patel Auditorium, Savarkar Kendra Hall, Mithibai Kshitij, etc., are some of the community centers in Vile Parle, hosting celebrations, cultural events, and social gatherings.
Environmental Factors In Vile Parle
- Vile Parle is a clean, posh, & well-maintained locality with a pleasant environment.
- There are many gardens, parks, and green spaces in Vile Parle that add to the serene surroundings and green belt of the locality.
- The air quality in Vile Parle is moderate, considering all the ongoing developments and improvements in and around the locality.
Flat Configuration In Vile Parle
- Flat configurations available in Vile Parle are 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- The locality is mainly dominated by 2 BHK and 3 BHK apartments.
- Some properties offer bare shell units, offering flexibility and easy customization for the homebuyers.
- 1 BHK and 2 BHK are the most preferred configurations by homebuyers in Vile Parle.
Property Price Growth In Vile Parle
- Housing property in Vile Parle has experienced approximately 10% of price appreciation in the last 3 years.
- Increasing demand for housing property has resulted in increased value constantly.
- Increasing working professionals and proximity to work hubs have also led to increased rental value in Vile Parle.
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