Central Mumbai
Pincode- 400066
Vasant Vihar is a residential neighborhood located in South Mumbai. It is part of the affluent Malabar Hill area near South Mumbai. Situated on one of the seven original promontories that make up Mumbai, Malabar Hill is known for its colonial architecture and proximity to business districts. Vasant Vihar's PIN code is 400006 and it is located within close proximity to areas like Mata Parvati Nagar, Navshanti Nagar, Walkeshwar, Malabar Hill, Raj Bhavan, etc. - some of the most expensive real estate locations in Mumbai known for luxury apartments and high net worth individuals. This prime locality is well connected via road and railway network.
Vasant Vihar is known to be one of the most affluent neighborhoods in Mumbai. It houses high-profile residents including businessmen, politicians, celebs and renowned professionals from various fields. Life in Vasant Vihar is luxurious with lavish houses, high-end services and amenities. Residents here enjoy a relaxed lifestyle in a peaceful and green environment away from the hustle bustle of the city. The culture is refined and cosmopolitan with people socializing in high-society clubs, restaurants and social circles. Strong community bonds and traditional values co-exist with modern outlooks. Safety and security is of utmost importance among locals.
Vasant Vihar is well-connected via major transportation links. Nearest metro station to the area is Mumbai Central metro station i.e. 3.7 Km away. The area is a short drive away from Western Express Highway and Eastern Express Highway allowing quick access to other parts of Mumbai and nearby areas like Thane, Navi Mumbai etc. It is in close proximity to key business hubs of Nariman Point and BKC which are easily accessible via Delhi Bridge or internal roads. There are proposed infrastructure upgrades like flyovers and widening of existing roads to handle growing traffic in this elite neighborhood.
Vasant Vihar is home to some of the top international and CBSE schools in Mumbai like NRP Sheth Multipurpose High School, Walsingham House School and Birla Open Minds International School, offering residents access to quality education. Residents can choose from multi-specialty hospitals located nearby - Jaslok Hospital & Research Centre, Apollo Spectra Hospitals and NH SRCC Children's Hospital. For daily needs and shopping, Atria - The Millennium Mall and CR2 Mall cater to residents' retail requirements. Malabar Hill market is also a popular neighborhood shopping destination. Colleges like SP Jain School of Lala Lajpat Rai College of Commerce and Economics and Jai Hind College are at a driveable distance, offering young locals higher education options in commerce and arts.
Being one of the most prestigious addresses in Mumbai, property rates in Vasant Vihar have always been on the higher side. However, over the past few years, rates have seen a gradual rise given the steady appreciation and scarcity of available properties. Average prices for residential properties currently range between Rs. 75,000-110,000 per sq.ft. The rental market is also thriving with monthly rents anywhere between Rs. 1-2.5 lakhs for 3-4 BHK independent houses. This is due to growing demand from expat employees and professionals seeking luxury accommodations in a well-developed locale with high social infrastructure. proximity to key business hubs also adds to the rental appeal of this exclusive enclave. Both investors and end-users continue exploring opportunities in this high-end pocket.
Vasant Vihar is located in close proximity to some of the major employment hubs of Mumbai Metropolitan Region. Some of the top employment hubs near Vasant Vihar include:
Vasant Vihar is surrounded by many established residential neighborhoods within close proximity. Some of the most popular landmarks in Vasant Vihar include:
But overall development is on track to address current shortcomings.
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