Central Mumbai
Pincode- 400069
Mhatre Wadi is a residential area in the Borivali West area of Mumbai. Mhatre Wadi's PIN code is 400092. Situated just off the main BN Road, it is very close to the famous localities of Dahisar West, Kandivali West, and Borivali East. Mhatre Wadi offers convenient access to many amenities due to its proximity to these localities. It is also near Borivali Railway station, providing residents easy access to public transport across Mumbai.
Mhatre Wadi has developed into a neighbourhood primarily inhabited by middle-income families and professionals. Its proximity to Mumbai has made it convenient for people working there. Residents enjoy a comfortable suburban lifestyle, with many families growing up in the area. The culture of Mhatre Wadi is traditional yet cosmopolitan. It has a tight-knit community feel with local amenities and is a popular vegetarian and non-vegetarian cuisine spot. People from different religious and linguistic backgrounds coexist harmoniously, making it a culturally vibrant location.
Mhatre Wadi has an excellent physical infrastructure with several amenities. It is well-connected via significant roads like S.V. Road via Western Express Highway, boosting Mhatre Wadi's infrastructure. The Mumbai Metro line runs through Borivali station, providing easy access to south Mumbai and the airport. Metro Station Don Bosco is the nearest metro station to the area, just 1.9 km away. Several BEST and private buses ply regular routes from Mhatre Wadi. There is a fire station and a police outpost located within 1 km to ensure safety. Important banks like SBI, HDFC and ICICI have branches in the nearby localities for residents' convenience.
Mhatre Wadi is well-equipped with social infrastructure. Some prominent schools in the area include Star Kids Kingdom, Sanjivani School, and Zilla Parishad Primary School, which provide education from primary to higher secondary levels. Doshi Children Hospital and Aayush Physiotherapy And Rehabilitation Centre are nearby options for healthcare, according to the Mhatre Wadi map. The Tahir Plaza shopping center and Big Bazaar satisfy daily shopping needs. Western suburbs' largest mall, In Orbit is also very close for recreational activities. Several restaurants, fast food joints and street food vendors make Mhatre Wadi a vibrant social hub.
Mhatre Wadi property prices has been growing steadily over the past decade. Property rates have appreciated significantly compared to the past. The average price for a 1BHK apartment now ranges between ₹15,714 - ₹37,000 per sq. ft. owing to improved social and retail infrastructure as well as connectivity options. This has translated into a notable increase in rental yields for landlords too. Tenants are willing to pay Mhatre Wadi property rates of ₹ ₹30,000 - ₹45,300 per month for comparable apartments. Developers are launching new projects to meet the rising demand from homebuyers and investors. With continued improvements planned in the area, real estate analysts expect the property appreciation and rental demand to remain robust.
Being situated in the western suburbs, Mhatre Wadi residents have access to some key employment hubs in and around Mumbai. Its proximity to these major hubs has boosted Mhatre Wadi's property demand. Some of the top employment hubs in Mhatre Wadi are-
Within the large locality of Mhatre Wadi, some distinct sub-colonies have come up over the years. These unique pockets within Mhatre Wadi bring their own characteristics and identities. These popular landmarks in Mhatre Wadi include:
Mhatre Wadi offers nice leisure options for residents to enjoy in their free time. The area houses some popular landmarks that are well-visited by locals. Some of the top things to do in Mhatre Wadi are-
These landmarks lend Mhatre Wadi its unique identity and make it an enjoyable place to live in.
Mhatre Wadi has transformed into a well-developed residential and commercial area over the past decades. With ongoing improvements to physical, social and retail infrastructure, it promises to become an even more vibrant location for both home buyers and tenants. Its strategic location and proximity to key hubs makes it an attractive real estate investment destination in the western suburbs of Mumbai.
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| Total Properties Available | 22 properties available for sale and 1 properties available for rent |
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22 Properties Available
1 Properties Available
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Builder Project
Home Loan
Home Interiors
1 BHK
NOT FURNISHED
yashwantrao TawadeMarg, Dahisar West, mumbai
Price: ₹ 1.05cr
2 BHK
FULLY FURNISHED
Cluster_mumbai Suburban_186 Kamal Kunj Chs, CLUSTER_MUMBAI SUBURBAN-186, 101, Mhatre Wadi Rd, Mhatre Wadi, Dahisar West, Mumbai, Maharashtra 400068, India, Cluster_mumbai Suburban_186 Kamal Kunj Chs, Mhatre Wadi, Dahisar West, Mumbai, Maharashtra 400068, India, mumbai
Price: ₹ 1.80cr
1 BHK
FULLY FURNISHED
, Lokmanya Tilak Rd near BMC Hospital,Dahisar, Dahisar West, mumbai
Price: ₹ 1cr
2 BHK
NOT FURNISHED
Dahisar West, Dahisar West, mumbai
Price: ₹ 1.35cr
1 BHK
SEMI FURNISHED
Near Hdfc Bank, Dahisar West, mumbai
Price: ₹ 85lac
Some of the top builders active in Mhatre Wadi are Lodha, Hiranandani, Godrej Properties, Runwal Developers, Omkar Realtors, Kalpataru and Kanaka Durga. They offer a variety of projects from luxury to affordable housing options.
Rental yields in Mhatre Wadi are fairly attractive at around 2-3% of the property cost. Tenants are willing to pay Rs. 30,000-45,000/month for 1-3 BHK apartments. This steady rental income makes real estate a viable investment avenue.
Properties in Mhatre Wadi have historically appreciated at 17.78% annual growth rate owing to sustained demand, infrastructure updates and connectivity solutions. Buyers can expect capital gains alongside rental income in the long run by investing in residential properties here.
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