Picture a calm, peaceful, and beautiful locale, with all the necessary facilities located short distances away – that’s Borivali West in a nutshell. Containing an abundance of greenery, including a number of gardens and parks, and plenty of necessary infrastructure, Borivali West is one of the most sought-after premium locality in north-west Mumbai.
Borivali West has excellent connectivity, one of the key reasons why people buy property in the locality. Plus, almost everything one needs in a neighbourhood is available here, schools, colleges, hospitals, banks, ATMs and grocery stores.
For the religious and the spiritual, the locality has several places of worship including Gurudwara, Saibaba Mandir and Jain Temple. Add to this mix, there are a number of recreational spaces like Veer Savarkar Udyan, Jhansi Ki Rani Laxmibai Joggers Park and Jeevan Bima Nagar Garden.
Connectivity and Transit Points
Connectivity is the highlight of Borivali West. SV Road and Western Express Highway are the pillars of road connectivity in the locality. Locally, Link Road and Lokmanya Tilak Road handle the everyday traffic. Taxis and auto-rickshaws are the most common modes of travelling by road.
The Borivali Railway Station and Kandivali Railway Station boost Borivali West’s rail connectivity. The former is a major railway station for daily commuters. Another major rail transit point, Thane Railway Station is located just 15 km from here. The distance to Chhatrapati Shivaji International Airport and Mumbai Central Railway Station is around 20 km and 49 km respectively.
Borivali is quite lucky when it comes to public bus transport. It’s connected by four of the five bus services operating in Mumbai, namely Brihanmumbai Electric Supply and Transport (BEST), Navi Mumbai Municipal Transport (NMMT), Thane Municipal Transport (TMT), and Mira-Bhayandar Municipal
Transport (MBMT). Using any of these bus services is a cheap way to travel between localities. The major bus stops in the locality are Ganesh Mandir, Babhai Naka, Datta Mandir, and Suvarna Hospital.
Major Landmarks
Factors for Growth in the Past
Borivali West has had a steep growth curve. Its fortunes changed drastically in the past after the area’s authorities started to pay attention to developing the area’s connectivity infrastructure. The roads began to be developed and the locality’s accessibility infrastructure was enhanced. Eventually, Borivali West became easily accessible to the important business centres of Mumbai, and became a preferred real estate destination for both end users and investors.
Not just physical infrastructure, Borivali West has also enjoyed the presence of excellent social infrastructure. Swami Vivekanand International School, Rustomjee International School, Ajmera Global School, St. Francis Institute of Management & Research, and Aditya Institute of Management Studies & Research are among the most reputed schools and colleges in Borivali West. Om Sai Specialty Hospital and Apex Hospital are the premier hospitals in the area. Add the umpteen entertainment and food joints to this mix and one starts to realize the depth of this locality.
Residential & Commercial Markets
Borivali West has been witnessing plentiful demand for both housing as well as commercial establishments and retail outlets. Typically, housing demand is being fuelled by the middle-income groups. Property prices in the locality in 2013 have ranged from Rs 8,000 to Rs 14,000 per sq. ft. depending on the location and type of property.
Apartments occupy the largest share of residential property in Borivali West. Independent houses come next, but they’re a far second. A large number of residential projects are under development or queued up for launch, and that augurs well for the locality. In the first quarter of 2014, average property price per sq. ft. was Rs 13,368. The typical rent prices for 1 BHK, 2 BHK, and 3 BHK apartments fall in the price range of Rs 12,000 to Rs 40,000. Multi-storey and builder floor apartments are available at an average rent rate of Rs 30 per sq. ft.
Commercial establishments are on the rise in Borivali West. Naturally, there are quite a few commercial office spaces, shops, and showrooms available for sale or rent. The rent rates for each of these commercial units are Rs. 94 per sq. ft., Rs. 132 per sq. ft., and Rs. 175 per sq. ft. respectively.
Major Challenges
Borivali West’s proximity to the railway station, which is a boon to the locality’s residents, is a cause of annoyance too. That’s because the place is always crowded and noisy. Another challenge for Borivali West is heavy traffic. Additionally, there are many traffic signals that line up on the roads which cause slow moving traffic.
Factors for Growth in the Future
Generally called a suburb, Borivali West is no longer being perceived as one today. It’s instead an accomplished central locality with all kinds of facilities easily accessible. The Link Road connects the locality to the highway and makes South Mumbai accessible. Connectivity and road infrastructure in the locality are continuously improving, pushing growth further up.
Affordability is also an attractive feature of the locality. The availability of mid to high-luxury apartments in a premium locality at affordable prices is a big demand magnet for both residential and commercial property. Many popular builders such as Wadhwa Developers, Sheth Developers, and Kanakia Group, are launching a variety of affordable apartment projects in Borivali West enriched with all the necessary amenities. In addition, people already owning a home elsewhere in Mumbai prefer Borivali East for their second home.
Upcoming infrastructure projects like a metro station and monorail line will further enhance connectivity in the region, and significantly influence Borivali West’s real estate landscape.
