indira nagar, mumbai
Suburbs of Mumbai
Pincode- 400062
Suburbs of Mumbai
Pincode- 400062
Indira Nagar is a densely populated residential and commercial locality in Dharavi, Mumbai, with pin code 400017. It borders Mahim East, Sion, and Bandra Kurla Complex near the busy 60 Feet Road. The neighborhood features a highly energetic crowd vibe with landmarks like Sion Hospital, GTB Nagar Train Station, Dhondu Dada Smarak High School, and the local pottery market. Families navigate compact urban clusters amidst extensive ongoing redevelopment projects. Dharavi Metro Station on the Aqua Line 3 is located within 1 km. Major routes like LBS Road and Sion-Bandra Link Road connect to BKC in 10 minutes and Mumbai Airport in 25 minutes. Property rates in 2026 average 18,300 per sq. ft. for 1 BHK and 2 BHK redeveloped apartments. Rental demand remains exceptionally strong due to central employment access.
Overall good area for families. the municipal corporation has improved the electricity supply over the years, so we face very few power cuts now..
rental yield is decent from the manufacturing units..and the cash flow is also solid but managing properties in such high-density layouts requires local presence..
neighborhood is always energetic and active. i like the environment and connectivity to sion..
Indira Nagar is well-connected through Sardar Vallabhai Patel Rd, MHB Colony Rd and other routes, like:
Dharavi Metro is the closest and is located around 2 km away, on Line 3. Some more options include:
GTB Nagar Railway Station is the nearest junction, located 1.7 km away. Some more include:
The locality is anchored by highly respected institutions like the SIES High School & College and Lokmanya Tilak Municipal Medical College. Some more include:
For emergency care and advanced medical treatments, residents rely on top-tier places like Sion Hospital and the highly specialized S.L. Raheja Hospital. Some more include:
High-end retail therapy is anchored by ultra-premium destinations like Jio World Drive and others:
Gopinath Colony is a popular sub-locality near Indira Nagar. Some more include:
Kohinoor Business Park is a popular employment place near Indira Nagar Dharavi. Some more include:
Dharavi Police Station is a well-known landmark in Indira Nagar. Some more include:
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| Total Properties Available | 1 properties available for sale |
Indira Nagar property rates stand at around Rs. 18,300 per sq. ft., for multi-story residential apartments. The area is experiencing unique dynamics due to the ongoing mega redevelopment projects in the Dharavi precinct. Average monthly rentals for a compact 1BHK apartment stand at Rs. 15,000, while premium high-rise configurations in adjacent redevelopment blocks command upwards of Rs. 45,000. The market is observing highly positive quarterly capital value growth, driven by massive state-backed infrastructure pushes and its unbeatable proximity to the Bandra-Kurla Complex (BKC).
As of May 2026, Indira Nagar Dharavi property rate is around Rs. 18,300 per square feet. This wide pricing spectrum indicates the diverse property options available.
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Locality |
Property Price per sq ft* |
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Indira Nagar, Dharavi, Mumbai |
Rs. 18,300 |
*Property price is subject to change.
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1 Properties Available
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Krantiveer Lakhuji Salve Marg, MIDC Central Rd, Mulgaon, Andheri East, Mumbai, Maharashtra 400093
Shop No. 3, Ground Floor, Blue Meadows, Jogeshwari - Vikhroli Link Rd, Shyam Nagar, Jogeshwari East, Mumbai, Maharashtra 400060
Indira Nagar is in Dharavi which is globally renowned as one of the largest slums in Asia. It's a vibrant hub of small-scale industries like recycling, textiles, and pottery. Over 15,000 single-room factories employ over 200,000 residents.
Dharavi was a swampy land occupied by six fishing villages before it became Asia's largest slum. The marshy lands near the Mithi River were used for fishing and agriculture by local Koli communities. Over the decades from the 1930s, growing migrant population led to informal housing development and unplanned industries in the area, leading to overcrowding and poor living conditions seen today making Indira Nagar a part of it.
Residents come from diverse religious, linguistic and cultural backgrounds, hailing from within Maharashtra as well as other states. While many work in Dharavi's industries, others commute outside for jobs in transport, maintenance and domestic work. Around 30% live below the poverty line despite their hard work sustaining Mumbai's economy.
In 2022, the Adani Group won the high-profile bid to redevelop Dharavi, replacing the older S. Raheja plan. They will invest over $2 billion, constructing high-rise towers while rehabilitating residents. The goal is large-scale modernization to transform living standards through planned housing, roads, open spaces, and commercial areas over approximately 500 acres.
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honestly the lane congestion near the local leather workshops is unbelievable during the day. Walking out of my building becomes difficult bec of parked cars haphazadly
Overall good area for families. the municipal corporation has improved the electricity supply over the years, so we face very few power cuts now..
rental yield is decent from the manufacturing units..and the cash flow is also solid but managing properties in such high-density layouts requires local presence..
neighborhood is always energetic and active. i like the environment and connectivity to sion..
honestly the lane congestion near the local leather workshops is unbelievable during the day. Walking out of my building becomes difficult bec of parked cars haphazadly