Aangan Phase 2

Malwadi is a dense residential pocket in South Mumbai, bordered by Mazgaon, Dongri, and Byculla. The pin code of Malwadi is 400009. The area features traditional chawls and modern high-rises. A diverse working-class population lives near the historic JJ Flyover. Residents frequently access M.H. Saboo Siddik College of Engineering and the massive JJ Hospital Mumbai. The nearest transit point is Mumbai Central Metro Station on the Aqua Line 3, located 2 km away. Sardar Vallabhbhai Patel Road connects the locality, allowing a 5-minute drive to Sandhurst Road Railway Station. Property rates in 2026 average Rs. 28,000 to Rs. 42,000 per sq ft. Compact apartments dominate the market due to being near South Mumbai commercial hubs.

What's Good in Malwadi

• Quick medical access is available at the nearby JJ Hospital Mumbai.
• Students can easily walk to the M.H. Saboo Siddik College of Engineering.
• Residents enjoy shopping for daily apparel at the nearby Jain Collection.
• Sandhurst Road Railway Station offers quick transit to the central suburbs.
• The nearby Rubberwala The Platinum Mall provides convenient retail options.

As of August 22, 2026, the property rate in Malwadi ranges between Rs. 28,000 to Rs. 42,000 per square foot for apartments.

*The property rate is subject to change.

Why Should One Buy Property in Malwadi mumbai

• High rental yields are driven by students attending Grant Government Medical College nearby.
• Being near the upcoming Mumbai Central Metro Station drives strong future capital appreciation.
• Investors benefit from lower entry costs compared to neighboring premium Mazgaon properties.
• Steady demand exists for compact apartments near the busy Sardar Vallabhbhai Patel Road.
• Quick access to commercial offices in Fort makes this a highly liquid market.

As of August 22, 2026, the rental cost in Malwadi is between Rs. 35,000 and Rs. 95,000 monthly for 1 to 3 BHK apartments.

*The rental rate is subject to change.

Why Should One Rent a House in Malwadi mumbai

• Tenants enjoy affordable rental options compared to expensive high-rises in nearby Colaba.
• Shorter daily travel times are guaranteed for professionals working in Ballard Estate.
• Families get immediate access to quality healthcare at the nearby JJ Hospital Mumbai.
• Easy weekend shopping is possible with Rubberwala The Platinum Mall located nearby.
• Students save on transport by living close to M.H. Saboo Siddik College.

Malwadi has seen steady real estate demand due to its central South Mumbai location. Over the past year, property values in this micro-market have experienced an appreciation of 4.5% because of improved transit links. Buyers can expect average purchase prices ranging from Rs. 28,000 to Rs. 42,000 per sq ft for residential apartments. The rental market remains highly active, with monthly rents ranging between Rs. 35,000 and Rs. 95,000 depending on the building age. This growth is sustained by working professionals seeking shorter travel times to commercial districts. (* As of August 22, 2026)

Here are some of the important landmarks holding historical and cultural importance:

• Mughal Masjid: This stunning blue-tiled mosque is a masterpiece of Iranian architecture located near Dongri. Visitors come to admire the intricate mosaic work and peaceful courtyard. It offers a quiet spiritual retreat amidst the busy city streets.
• Khada Parsi Statue: This historic cast-iron statue stands at the intersection of Clare Road and Duncan Road. It is a rare nineteenth-century monument dedicated to a prominent Parsi reformer. Passersby often stop to photograph its restored architectural details.
• Hasnabad Dargah: Often referred to as the Taj Mahal of Mumbai, this beautiful mausoleum features white marble domes and minarets. It serves as the resting place of the first Aga Khan. Visitors gather here to experience its serene atmosphere and historical significance.
• Gloria Church: Located in nearby Byculla, this grand Roman Catholic church features impressive Gothic Revival architecture. It is known for its towering spires and beautiful stained-glass windows. Visitors attend services and admire the historic structure.
• Chor Bazaar: This famous historic market is located just a short distance from the locality. It is renowned for antique items, vintage Bollywood posters, and unique brassware. Shoppers spend hours exploring the narrow lanes for rare collectibles.

JJ Hospital Mumbai is a prominent landmark in Malwadi. Some more include:

• M.H. Saboo Siddik College of Engineering
• Rubberwala The Platinum Mall
• Jain Collection
• Sandhurst Road Railway Station
• St. Mary's High School

Road Connectivity

Malwadi is well-connected through Sardar Vallabhbhai Patel Road and the following roads:

• Sardar Vallabhbhai Patel Road
• Jehangir Boman Behram Marg
• Babula Tank Road
• Dr. Mascarenhas Road
• Mohammad Ali Road

Public Transport

Mumbai Central Metro Station on the Aqua Line 3 is the closest public transit option, located 2 km away. Some more include:

• Sandhurst Road Railway Station, Central Line, 1 km
• Byculla Railway Station, Central Line, 1.5 km
• Dockyard Road Railway Station, Harbour Line, 1.8 km
• JJ Hospital Bus Stop
• Babula Tank Bus Stop
• Khada Parsi Bus Stop

Proximity to Airport and Railway Station

The nearest railway station and airport are Sandhurst Road Railway Station, which is located 1 km away, and others:

• Chhatrapati Shivaji Maharaj International Airport, 18 km
• Mumbai Central Railway Station, 2.5 km
• Chhatrapati Shivaji Maharaj Terminus, 4 km