The Indian Oil Nagar is in Mumbai, Shivaji Nagar locality. It is in the city's eastern region, between the Chembur and Mankhurd districts. The neighborhood is conveniently close to important transit lines and is well-linked. This Indian Oil Nagar Shivaji Nagar PIN code is 400043. Indian Oil Nagar benefits from its advantageous position since it is adjacent to several well-liked neighborhoods, business hubs, and necessary services, which increases its attraction to locals.
The origins of Indian Oil Nagar may be traced to the growth and urbanization of Mumbai. The neighborhood may have originally been a part of the more significant Shivaji Nagar territory, gradually developing over time. As the city grew, more housing and infrastructure projects were started, which aided Indian Oil Nagar's development.
Indian Oil Nagar has a diversified population including working families, professionals, and people from different origins. The way of life here combines metropolitan convenience with a focus on the neighborhood. The availability of housing complexes, neighborhood markets, and other amenities meets the demands of the locals daily. The neighborhood's culture reflects Mumbai's global character, with festivals, celebrations, and cultural events adding to the bustling environment. Additionally, there are business and job prospects due to surrounding commercial centers.
Physical Infrastructure of Indian Oil Nagar
The Indian Oil Nagar Shivaji Nagar infrastructure of Indian Oil Nagar in Shivaji Nagar, Mumbai, is well-developed, which improves its inhabitants' connectivity and convenience. If you see the Indian Oil Nagar Shivaji Nagar map, corridors like the Eastern Express Highway and the Santacruz-Chembur Link Road are nearby, making it easy to get through the city. The future metro line, which will be added to Mumbai's growing metro network, is planned to provide local accessibility to public transit. Additionally, nearby neighbors have easy access to crucial services, including banks, police, and fire stations. Indian Oil Nagar is a desirable residential option for individuals looking for ease and connection in Mumbai due to its combination of transportation options and necessary services.
Social and Retail Infrastructure of Indian Oil Nagar
Shivaji Nagar School and Shivajinagar BMC School are the famous schools in this area, offering top-notch education to children. Indian Oil Nagar Shivaji Nagar has various malls nearby, including K Star Mall and Cubic Mall. Famous colleges like Ruby English High School & Junior College Of Arts & Commerce, and Niyaz Ahmad Degree College are available in this area. Shivaji Nagar Municipal Hospital and Life Care Hospital are famous hospitals in this area, offering the best healthcare services.
Real Estate Market Trends and Rental Demand in Indian Oil Nagar
In the past year, Indian Oil Nagar Shivaji Nagar property price has increased by 2.2%. Also, a 2 BHK flat in Indian Oil Nagar, Mumbai, can be purchased for an average price per sqft of Rs. 14,285 and Rs. 19,333. At Rs. 19,333 sq ft the most expensive home in Indian Oil Nagar is featured. A flat in Indian Oil Nagar is available for rent at Rs 70,000/ month. A commercial space with a 2200 sq ft carpet area can be rented at rs 1.1Lakh/ month. The real estate market in Indian Oil Nagar, a neighborhood of Shivaji Nagar, Mumbai, has seen several exciting changes. The progressive increase in Indian Oil Nagar Shivaji Nagar property rates has created a beneficial environment for buyers and sellers. This is due to the region's practical position, upgraded infrastructure, and proximity to important commercial centers. The constant rise in the area's rental demand has benefited both renters and landlords simultaneously. The demand for rental houses has increased due to the expansion of enterprises and educational institutions nearby. The forthcoming improvements to the area's social and retail facilities also add to the area's growing allure for tenants. These interrelated elements, which include geographic advantages, developing infrastructure, and educational prospects, have helped Indian Oil Nagar see promising developments in both property prices and rental demand.
https://housing.com/price-trends/property-rates-for-buy-in-indian_oil_nagar_shivaji_nagar_mumbai-P6mf73euiwn0qtfx5
https://housing.com/in/buy/mumbai/2bhk-indian_oil_nagar_shivaji_nagar
https://www.squareyards.com/rent/property-for-rent-near-indian-oil-nagar-sh-nagar-govandi-in-mumbai
Top Employment Hubs near Indian Oil Nagar Shivaji Nagar
Indian Oil Nagar Shivaji Nagar Mumbai is ideally positioned only 10 kilometers from several well-known IT company parks, making it a popular home option for IT workers. These hubs support the local economy and provide opportunities for professional advancement. These top employment hubs near Indian Oil Nagar Shivaji Nagar are located in or close to Indian Oil Nagar:
- SEEPZ (Santacruz Electronic Export Processing Zone) - 10 km
- MIDC - 8 km
- Hiranandani Business Park - 9 km
- Sai Samarth Business Park-2.4km
- Sucheta Business Park-2.6km
- Millennium Business Park, Mahape (Navi Mumbai) - 21 km
Due to these popular landmarks in Indian Oil Nagar Shivaji Nagar, it is ideal for IT professionals looking for quick access to live there.
What are Some Popular Sub-Localities in this Area near Indian Oil Nagar?
Indian Oil Nagar in Shivaji Nagar, Mumbai, comprises a variety of distinct and long-standing colonies and sub-localities, each with its unique character. Here are a few well-known sub-localities:
- Shivaji Nagar
- Kamraj Nagar
- Jay Ambe Nagar
- D.N Nagar
- Lotus Colony
Things to do in Indian Oil Nagar
- Browse local malls and street markets for branded and locally produced products.
- To sense regional history, visit neighboring sites like Mankhurd's Mandala Gate or Chembur's Diamond Garden.
- Indulge in a range of cuisines at eateries, cafés, and street food stands to get an authentic taste of the region.
- Visit places of worship, including temples like Pracheen Shiv Mandir and Prachin Hanuman Ji temple.
- Whether for food, shopping, culture, nature, or spirituality, Indian Oil Nagar offers various activities that enliven its citizens' lives and pique the tourists' curiosity.
What's Good About Indian Oil Nagar?
- Closeness to important job centers and IT parks.
- A variety of educational settings that support high-quality learning.
- The expansion of social infrastructure, such as hospitals and retail establishments.
- Convenient access to transit routes for commuters.
- A blend of tranquil natural spaces and cultural richness.
What is not Good about Indian Oil Nagar?
- Heavy traffic at peak hours.
- Connectivity in public transportation might be improved further.
- The availability of public leisure areas for neighborhood meetings.
- Attending issues with cleanliness and trash management.
- Improving infrastructure upkeep to ensure sustainability throughout time.
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