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Suraj Estate Property Trends in Mahim

There are 1, 2, 3 and 4-BHK Flats in Mahim available for rent and purchase. However, when it comes to renting a property, the most sought after properties are 1-BHK multistorey apartments.

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Suraj Estate Property Trends in Mahim

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  1. Suraj Estate Property Trends in Mahim. Suraj Estate is one of the Top Builder in Mumbai who has been seen as ruling this locality. The majorly popular and best areas of Mahim are conquered by Suraj Estate Developers. Providing best apartments with beautiful views from each flat, spacious homes, world class amenities and also good connectivity. Investing into properties of Suraj Estate is a profitable deal. Mahim is a coastal area and is situated in South Mumbai. It has the Arabian Sea to its west and Bandra to its north. It has Dharavi to its east and Dadar to its south. Mahim is known for its roadside food stalls and the Mahim Bay and Mahim Creek. Mahim was one of the seven original islands that made up Mumbai. Access and Connectivity Mahim is well connected to other parts of Mumbai, especially the northern suburbs via the Mahim causeway, which is an important link road. The causeway connects South Mumbai and neighbouring areas of Mahim to the northern suburbs. The Western Express Highway is just about 4 km from Mahim. Mahim railway station lies on the western railway line of Mumbai suburban railway. The Mumbai International Airport is about 13.5 km away from Mahim and takes about 20 minutes to reach by road. There are currently no metro stations near Mahim. The nearest metro station in the future would be the proposed station at Bandra on Line II. Mahim is about 6 km from Bandra Kurla complex (BKC) which is a CBD. BKC lies on either side of Mahim Creek. Mahim is also at a distance of 21 km from the Kensington SEZ in Powai and can be reached via the Western Express Highway and JVLR. Amenities

  2. Mahim has good social infrastructure and some important landmarks. Mahim has several educational institutions as well as hospitals. Some popular educational institutions include Bombay Scottish School, Ruparel College and St. Xavier’s Technical Institute. Some important hospitals include Hinduja Hospital and S.L. Raheja Hospital. Entertainment amenities in Mahim include the Paradise Cinema. Mahim is also known for its roadside food stalls that become a bustling place during the evenings. The area has several religious institutions as well. Some important landmarks in Mahim include the Mahim Bay, Mahim Creek, Mahim Bunder and Mahim fort. Mahim creek is where the Mithi drains into. It has its own mini-ecosystem. The water has started smelling foul in recent years due to dumping of untreated industrial waste. There is also a concern over the mangrove ecosystem here due to development of some slums. Real Estate With all the major amenities within reach and an upscale neighbourhood such as Bandra and Dadar, Mahim too is a very expensive area to live in. In fact, Mahim lies outside the affordable range. Some current upcoming projects here are Vayu by Omkar Realtors & Developers and Shimmering Heights by Kamanwala Housing Construction Ltd. There are 1, 2, 3 and 4-BHK Flats in Mahim available for rent and purchase. However, when it comes to renting a property, the most sought after properties are 1-BHK multistorey apartments. For purchase, 2-BHK apartments are most sought after. The coverage area of 1-BHK property ranges from 350–750 sq-ft. A 2-BHK property may have a coverage area of 750–1,200 sq-ft. The area of a 3/4-BHK property may be between 1,400–2,000 sq-ft.

  3. Property Trends The rent for a 1 BHK in Mahim is between Rs. 16,000–45,000. A 2-BHK apartment is available for rent of Rs. 40,000–75,000. A 3/4-BHK apartment can fetch a rent of Rs. 85,000-1.35 lakhs. Rent for a 1-BHK independent house would range between Rs. 25,000-40,000 while it would be between Rs. 45,000-65,000 for a 2-BHK house. A 1-BHK apartment can be bought for a price of Rs. 16 lakhs–2.25 crore, while a 2-BHK flat can be bought for Rs. 2-4.3 crore. A 3/4-BHK flat can be bought for 1.9-6 crore. A 1-BHK house can be bought for Rs. 65 lakhs-1.8 crore while a 2-BHK house can be bought for Rs. 2.05-3.8 crore. The last quarter saw a small dip in property rates when it came to multistorey apartments while it saw a steady rise for residential houses. Multistorey apartments saw a fall from Rs. 27,200 to 26,400 per sq-ft while residential houses saw a rise from Rs. 26,850 to 28,500 per sq-ft.

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