New MHADA Colony is located in the eastern region of Goregaon, Mumbai, Maharashtra. New MHADA Colony PIN code is 400065, and it is conveniently accessible to nearby localities including Andheri East, Jogeshwari East, Goregaon East, Malad East, Powai, Laxmi Nagar, Municipal Colony, Shree Krishna Nagar, BMC Colony, Shivdarshan Nagar, and Jai Bhim Nagar.
New MHADA Colony Mumbai is a hub of different types of people, such as professionals and families. Residents enjoy a peaceful, social lifestyle mixture of modern amenities with traditional values. Public transportation like local trains and buses makes it easy for the residents to commute to other parts of Mumbai. People celebrate local festivals, cultural events, and a strong sense of community. The neighbourhood's amenities, which are well served, include markets, schools, and tourist attractions.
Physical Infrastructure of New MHADA Colony
The physical infrastructure of New MHADA Colony, Goregaon East, Mumbai, encompasses a robust transportation network and vital services within a radius of 10-12 km. Traveling throughout Mumbai is made easier by the area's excellent road connectivity, including Western Express Highway and Aarey Road. Goregaon Railway Station and Malad Railway Station are the nearby railway stations. Chhatrapati Shivaji Maharaj International Airport is located at a distance of 12 km.
The area is well served by the Red Line metro stations. Aarey is the nearest metro station. You can access the New MHADA Colony map to check these routes.
Social and Retail Infrastructure of New MHADA Colony
The social and retail infrastructure within a 10- to 12-kilometer radius of New MHADA Colony is vast and constantly expanding. New MHADA Colony infrastructure has notable educational institutions, including Ryan International School, St. Xavier High School, and Oberoi International School. Hospitals like Vedant Hospital, Infinity Multispeciality Hospital, and Kokilaben Dhirubhai Ambani Hospital provide strong support for healthcare. There are several alternatives for shopping and leisure, with large malls like Oberoi Mall and Inorbit Mall. New commercial malls and educational facilities are among the ongoing initiatives that improve the neighborhood's advantages. The area's rapid expansion is reflected in the vibrant mix of facilities that guarantee inhabitants have access to high-quality healthcare, education, and recreational opportunities.
Real Estate Market Trends and Rental Demand in New MHADA Colony
New MHADA Colony is one of the most desirable neighborhoods in Western Mumbai to live in. It boasts a developing neighborhood with a promising physical and social infrastructure.
New MHADA Colony is located in western Mumbai and offers a variety of properties at different price points. New MHADA Colony property rates stand out as compared to other cities because of its ability to draw in investors. The location has a thriving job market and employment prospects. The locality has residential apartments in the range of Rs 80 lac to Rs 1 crore. Two BHK is the most common room configuration, ranging from Rs. 1.2 crore to Rs 1.4 crore.
Commercial property ranging from Rs 60,000 to Rs 1,00,000 in a month for rental. Due to ongoing and planned infrastructure improvements, they have a great effect on New MHADA Colony property prices and rentals. This trend points to a strong real estate market with high rates of return on capital.
Top Employment Hubs near New MHADA Colony
Professionals find this area a desirable place to live. There are top employment hubs near New MHADA Colony in close proximity. Because of its easy access to major business districts, the neighborhood is more appealing to both businesses and residents for commuting. Some of the top employment hubs are as follows:
- Synergy Business Park (4.3 km): Hanuman Tekdi, Goregaon, Mumbai
- Pinnacle Business Park (10.2 km): Andheri East, Mumbai
- The Orion "Business Park" (10.5 km): Borivali West, Mumbai
- Mirchandani Business Park (10 km): Andheri East, Mumbai
- Universal Business Park (10 km): Andheri East, Mumbai
Famous Sub-localities near New MHADA Colony
New MHADA Colony, Goregaon East, has a number of popular sub-localities and places well-liked for their commercial centers, residential purpose, and amenities. Some of the famous sub-localities near New MHADA Colony:
- Laxmi Nagar
- Shivdarshan Nagar
- Jai Bhim Nagar
- Mali Nagar
- Royal Palms
Things to do in New MHADA Colony
New MHADA Colony is close to several well-known sub-localities, providing a variety of attractions and activities. The locality has many options, from dining and shopping to exploring local culture. Some of the top landmarks near New MHADA Colony:
Bollywood Park Film City, Mumbai:
This is one of the best places in Mumbai where popular movies and serials have been shot. People can reach it using a local train, auto, or bus from outside the station. You need to reach Dadasaheb Phalke Film City, book a ticket, and then tour by AC bus. People can enjoy watching the sets of movies and serials. There is a Bollywood theme park to enjoy dance, singing, a 7D movie, and a comedy show.
Chhota Kashmir Boat Club:
This garden is a popular tourist attraction and serves as a picnic spot, particularly for the family with kids. Main attraction is boating. There is enough parking space.
Mama’esh Mumbai:
MAMA’ESH is the best place for food lovers to experience the culinary journey through the rich & vibrant flavors and taste of tradition & passion. All freshly made and famous for their courteous service.
Oberoi Mall:
The best mall near this locality that presents a huge range of clothing brands and signature stores for shopaholics. The mall has a lot of high-street brands and is a grand retreat for all the shopping enthusiasts in the city.
Aarey Bhaskar Garden:
A well-maintained park with gorgeous views and spacious for various activities like walking and jogging.
Conclusion
New MHADA Colony is expanding infrastructure and an advantageous location where residents can live a peaceful life and enjoy a variety of experiences.
What’s good about New MHADA Colony
- The locality has major connectivity to other parts of Mumbai via roads, rails, and buses.
- The locality has good schools in the vicinity, like Ryan International School.
- Locals can enjoy urban Mumbai lifestyle due to proximity to big shopping malls like Oberoi Mall.
- There are many tourist attractions to explore, including parks, lakes, and cultural landmarks.
- Young professionals find this place significant due to proximity to top business parks.
What’s not Good about New MHADA Colony
- The locality needs more good quality big and international schools nearby.
- There are few business parks available within the locality, and big business parks are located at 12 to 13 km distance.
- Metro lines need improvisation.
- Parking space is limited due to overcrowd.
- There are many small hospitals in the vicinity, but there is a lack of big hospitals to perform major medical emergencies.
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