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Prem Nagar, Mumbai

East Mumbai

Pincode- 400061

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About Prem Nagar

Located in western Mumbai, Prem Nagar is a residential locality situated near Goregaon West. Within easy access of major roads and Metro connectivity, Prem Nagar PIN code is 400107. Close to major landmarks like Inorbit Mall and Film City, this locality offers close proximity to amenities. Properties available in Prem Nagar provide well-connected homes for those looking in the western suburbs of Mumbai.

Prem Nagar, Mumbai is a well-established residential community primarily catering to upper-middle-class families and young professionals. Residents enjoy a quiet neighbourhood atmosphere while being well-connected to the liveliness of Mumbai. People in Prem Nagar lead peaceful lifestyles within a culture of togetherness. As a diverse yet harmonious locality, its culture is shaped by people from various backgrounds co-existing together. Community activities and festivals celebrating various religions help foster cultural understanding and bonding between residents.

Physical infrastructure of Prem Nagar

Prem Nagar is well-connected via multiple modes of transportation. The Eastern Express Highway passes nearby, providing direct access to South Mumbai. Nearest metro station to the area is JK Metro Station i.e. 2.6 km from the area. Residents can easily access the Mumbai-Ahmedabad national highway or take the Santacruz-Chembur Link Road to reach their destinations faster. An internal road network of secondary roads and bylanes enable movement within the locality.Nearby amenities include HDFC and Axis bank branches for financial needs, a police booth for security as well as a fire station on the Mira Road for emergency response. Overall infrastructure is steadily being upgraded to support the community’s growing needs.

Social and retail infrastructure of Prem Nagar

Residents of Prem Nagar are well-served in terms of social infrastructure. Some of the prominent educational institutions in the area include Mary Immaculate Girls' High School, VPM's Vidya Mandir School, Reena Mehta College, and Shree L R Tiwari College of Engineering. For healthcare needs, Bhaktivedanta Hospital & Research Instituteand Galaxy Hospital are in close proximity. Singapore Plaza, one of the most popular malls in Mumbai, is located just 2 km away and offers residents access to shopping and entertainment options under one roof.With prominent schools, medical facilities as well as a major shopping mall nearby, Prem Nagar has strong social and retail infrastructure supporting residents' needs.

Real Estate Market Trends and Rental Demand in Prem Nagar

The robust infrastructure and amenities in Prem Nagar have kept property rates and rental prices steady. For buyers, the average price for 2BHK apartments ranges between Rs. 1-2 crore. Average property rates in the area are around 10814 per sq. ft. Landlords quote average monthly rents between Rs. 18,000-26,000 for 2BHK units. Proximity to major social hubs like schools, the mall and workplace locations has supported a slight increase in rates and rent over 5 years. Tenant demand remains consistent given the locality's family-friendly culture and accessibility. The balanced trends reflect Prem Nagar's thriving real estate market.

Top Employment hubs nearby Prem Nagar

Given its location in the western suburbs, Prem Nagar has several major commercial and industrial areas in close proximity, serving as key employment hubs.

  • Hari Om IT Park- 1.1 Km
  • Hezal Business Park- 1.6 km
  • Sanjar Business Park- 2.4 Km
  • Mahesh Industrial Estate- 1.6 Km
  • Thakkar Industrial Estate-5.8 Km

Famous sub-localities near Prem Nagar

Given below are some of the popular residential sub-localities within 10-12 km of Prem Nagar:

  • New Shree Krishna Garden
  • Srishti Complex
  • Siddhi Vinayak Nagar
  • Siddhi Vinayak Nagar
  • AG Nagar

Top Things to Do in Prem Nagar

Situated in the western suburbs, Prem Nagar is close to many landmarks that residents can explore. Within 10-12 km are various options for entertainment, recreation as well as spiritual sites. Some of the top things to do in Prem Nagar include:

  • Vardhman Fantasy shopping mall within walking distance offers movie theatre, restaurants, gaming zones and shopping under one roof.
  • Kelwa Beach a short drive away makes for a perfect weekend getaway with soft sands and clean waters attracting visitors throughout the day.
  • Shiv Mandir is the nucleus of religious and cultural activities in the area, hosting various pujas and festivities throughout the year.
  • Essel World and Water Kingdom are major tourist attractions in the belt bringing endless joy-rides, aqua adventures and shows all year round. A fun day out for all age groups.
  • Sanjay Gandhi National Park is another favourite for nature enthusiasts and exercising amidst lush greenery trails.

Conclusion

Prem Nagar offers a balanced living experience with quality residences, robust social and physical infrastructure as well as close proximity to recreational attractions and job hubs. Its strategic location within Mira Road and quick access to important transport links make it an ideal neighbourhood for residents of all age groups to settle in.

What's good about the locality:

  • Very well connected via major roads and Metro.
  • Access to social and retail infrastructure like schools, hospitals, malls.
  • Established residential areas with parks and open spaces.
  • Upcoming infrastructure projects will boost connectivity further.
  • Proximity to key employment hubs like Film city.

What's not Good about the Locality:

  • Traffic congestion on main roads during peak hours.
  • Limited options for international cuisine and premium stores.
  • Distance from Mumbai's major social destinations like Marine Drive.
  • Scattered public transport within some sub-localities.
  • Scope for more entertainment zones and lifestyle amenities.

Overall, this area provides a pleasant living experience for most needs.

Prem Nagar Map

Localities near by Prem Nagar

Nearby Locality Comparison

Borivali West
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Borivali
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Dahisar West
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Prem Nagar
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Total Properties Available 5 properties available for sale and 9 properties available for rent
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Situated In East Mumbai

Property Price trends in Prem Nagar

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location Created with Sketch Beta. Independent House, 202 Evershine residency, Holy Cross Rd, I C Colony, Kandarpada, Borivali West, Mumbai, Maharashtra 400103, India, Borivali West, mumbai

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Prem Nagar Discussion

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Frequently asked Questions

What is Prem Nagar, Mumbai famous for?

Prem Nagar is a residential area located in Goregaon West, Mumbai. It is famous for being a bustling suburb with various shops, restaurants and commercial establishments. Prem Nagar is well known for its thriving local markets that sell all kinds of goods at affordable prices. It offers good shopping options for daily needs and budget items. The area is also quite famous for its street food joints that serve delicious local Mumbai cuisine at pocket friendly rates.

Is Prem Nagar, Mumbai a developing area?

Yes, Prem Nagar can be considered a developing area. Over the years, a lot of infrastructure developments have taken place in Prem Nagar. Many new multi-storey residential and commercial buildings have come up. The roads and transport facilities are also improving steadily. However, Prem Nagar still lacks some advanced infrastructure as compared to other established areas of Mumbai. A few sectors still have compromised living conditions. But overall, with ongoing real estate projects, Prem Nagar is steadily becoming better planned and more developed.

What is the pin code of Prem Nagar, Mumbai?

The pin code of Prem Nagar, Mumbai is 4001107. Pin codes are 6-digit numeric codes used to facilitate efficient postal systems within India. They help speed up the delivery of mails, parcels and courier services. Mentioning the correct and full pin code ensures faster sorting, processing and delivery of posts to the Prem Nagar area of Mumbai.

Which railway station is near Prem Nagar, Mumbai?

The nearest railway station to Prem Nagar in Mumbai is Goregaon railway station. It is one of the important railway stations that comes under the Western Line network of the Mumbai Suburban Railway system. Goregaon station is located just 3-4 km from Prem Nagar and is well connected by local trains and buses to different parts of the city including Churchgate, Mumbai CST, Andheri, Virar etc. This provides efficient transport connectivity to Prem Nagar from all across Mumbai and neighbouring areas.

Is Prem Nagar, Mumbai good for living?

Prem Nagar can be considered a good location for living in Mumbai given its developing infrastructure and connectivity. The area offers affordable housing options for middle-income groups in the form of high-rise apartments, builder floors as well as small houses. Amenities like schools, clinics, retail spaces, restaurants, markets etc. are becoming more easily accessible. While railway and road transport connections are improving, Prem Nagar still has some way to go when compared to other well-established localities. However, its ongoing advancement and reasonable living expenses make it a suitable residential area for many.

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