Vidya Vihar is located in central Mumbai near Powai. It has a PIN code of 400080. Vidya Vihar is a residential locality situated close to popular areas like Kurla East, Chedda Nagar and Govandi. It is well connected to the rest of Mumbai via signal-free suburban railway lines. The property prices are reasonable as compared to other central Mumbai localities of the same standards due to its proximity to IT parks in Powai and commercial spaces in Lower Parel.
Vidya Vihar is located in Mumbai, Maharashtra. It is home to many young professionals working in the nearby IT parks and corporate offices. The locality has a cosmopolitan culture with people from different parts of India and abroad living here. Residents lead a busy lifestyle due to their professional commitments. However, on weekends families spend quality time together and children can be seen playing in the numerous playgrounds. The cultural diversity of Vidya Vihar is reflected in its festivals, cuisines and mother tongues of residents.
Physical Infrastructure of Vidya Vihar
Vidya Vihar is well-connected via transportation infrastructure. It is located right next to the Versova - Andheri - Ghatkopar Metro line that provides quick connectivity to major business districts and tourist spots in Mumbai. The locality is also easily accessible via the Eastern Express Freeway and Santacruz-Chembur Link Road that allow residents to commute to other parts of Mumbai and suburbs. This excellent physical connectivity and civic amenities add to the convenience of living in Vidya Vihar.
Social and Retail Infrastructure of Vidya Vihar
Vidya Vihar offers excellent social and retail infrastructure to its residents. There are many reputed educational institutions like Kohinoor Business School, Don Bosco Institute of Technology, Garodia International Centre for Learning Mumbai and Ramniranjan Jhunjhunwala College. For healthcare needs, residents can avail services at Shreeji Hospital Ghatkopar, Shree Sukh Shanti Hospital, H.J. Doshi Ghatkopar Hindu Sabha Hospital and Dr Shehnaz Shaikh Clinic, all within 2 kms. For retail therapy and entertainment, High Street Phoenix Mall provides an option to shop at brands like Shoppers Stop, Westside and PVR multiplex. Large stores like Reliance Fresh, D-Mart and Nature's Basket are also present in Vidya Vihar to meet daily grocery and household needs. Vidya Vihar has a police station and fire station to ensure public safety. There are also numerous nationalized and private sector banks like SBI, HDFC Bank, ICICI Bank etc to cater to the banking needs of residents. This well-developed social infrastructure makes Vidya Vihar a desirable location for families.
Real Estate Market Trends and Rental Demand in Vidya Vihar
The real estate market in Vidya Vihar has been growing steadily over the years due to its strategic location and well-developed social and physical infrastructure. Property rates have seen a gradual incline as more families are looking to purchase flats in this family-friendly neighborhood. Average rates for 2BHK flats currently range between Rs.50 Lac - 3.10 Cr. Similarly, rental yields are high for landlords with monthly rents of 2BHK flats between Rs.90,000-1,00,000. This steady rental demand from professionals working in nearby offices has sustained property values in Vidya Vihar. Both investors and end-users continue to remain attracted to this locality due to its thriving market conditions and effervescent growth opportunities.
Top Employment Hubs nearby Vidya Vihar
Vidya Vihar, Mumbai is strategically located in close proximity to major commercial and IT hubs that have contributed to its steady growth over the years. Some of the top employment hubs near Vidya Vihar include:
- Neelkanth Business Park - 2.1km
- Neelkanth Corporate IT Park - 2.3km
- Mirchandani Business Park - 3km
- Raiaskaran Tech Park - 3.3km
- Leela Business Park - 4.7km
- Hiranandani Business Park - 4.5km
Famous Sub-Localities in Vidya Vihar
While being a locality in its own right, Vidya Vihar also encompasses some popular sub-areas for both rental accommodation and purchase homes. Some of the most popular landmarks in Vidya Vihar include:
- Kurla East
- Chedda Nagar
- Kurla West
- Govandi
- Chembur
Things to do in Vidya Vihar
Residents of Vidya Vihar are spoilt for choice when it comes to exploring the various attractions located in close proximity. Some of the top things to do in Vidya Vihar include:
- Thiruchembur Murugan Temple:This ancient temple dedicated to Lord Murugan is located in nearby Chembur area. It attracts crowds during Thai Poosam festival in January-February. Don'tforget to try the temple prasad.
- Mahakali Caves: Located in Andheri east, these historically important caves date back to BC period. They feature carvings of Hindu deities and are an important archaeological site.
- Powai Lake: A beautiful artificial lake surrounded by hills in Powai. Go for a morning or evening stroll along the leafy pathways around the lake. Boating is allowed here. You may also spot different bird species.
- Jogeshwari Caves : These rock-cut caves near Aarey Milk Colony date back to a period between 6th century to 8th century AD. The carvings inside depict gods from Hindu religion.
- Basilica of Our Lady of the Mount :This beautiful church is known for its peaceful atmosphere. Do visit during Christmas for midnight mass. Don't forget to ring the bell at the altar for good luck.
What is Good about Vidya Vihar?
- Reputed schools and healthcare facilities
- Wide range of retail and entertainment avenues
- Proximity to IT/industrial hubs with job opportunities
- Peaceful family atmosphere
- Established rental culture
What is not Good about Vidya Vihar
- Traffic congestion during peak hours
- Lack of open or green spaces
- Insufficient parking facilities
- Stretch of slums along some roads
- Flooding issue during monsoons
Overall, with its thriving real estate market and social infrastructure, Vidya Vihar makes for a convenient option for homeowners and tenants alike.
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