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Q: How is the real estate in Bandra and what is the ongoing price trend going in this area?

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Replies (4)
1
What are the upcoming projects in Bandra?
Neeraj Rao


Sarah Mist, Rizvi Union Park, Lakhanis Bandra Pali and Grace Meadows are some of the upcoming projects in Bandra, Mumbai.
Sandeep Mhatre,  Mumbai
22nd October 2013


2
What about the accessibility and connectivity from Bandra to other parts of the city?
Neeraj Rao


Bandra has excellent connectivity to other parts of Mumbai. It has the Bandra-Worli sea link which connects Bandra to the southern and central part of Mumbai. This sea link has offset a huge percentage of Mumbai traffic from the main roads between Bandra and Worli. Bandra has several arterial roads such as S.V Road, Linking Road, Carter Road and Turner Road. The Western Express Highway passes through Bandra. The suburb also has the Bandra railway station which lies on the western line of the Mumbai Suburban Railway. It is also connected via the Harbour Line.

Bandra Terminus in Bandra East has regular trains to Northern and Western India. There are also BEST buses as a mode of public transportation system
22nd October 2013


3
Bandra is becoming a favourite destination for residential accommodation amongst college students and young professionals as it is the “most happening” place in Mumbai. This, coupled with the potential for residential real estate growth in the suburb, is expected to further affect real estate prices in the suburb.
Abhishek


4
Though Bandra commands one of the highest property rates in Mumbai, it still has scope for development both in terms of residential and commercial properties. Bandra East specifically has a huge scope for development in terms of residential properties. This is owing to the fact that the suburb is not saturated in terms of infrastructure and open spaces unlike several other suburbs. Bandra is seeing new projects including some luxurious residential projects coming up within the vicinity.
Vasanth


A 1-BHK apartment in Bandra West costs between Rs. 1.5-2.5 crore while it costs between Rs. 35-40 lakhs in Bandra East. A 2-BHK apartment costs between Rs. 2.25-3 crore in Bandra West and between Rs. 1.5-2 crore in Bandra East. A 3/4-BHK apartment would cost between Rs. 4-8 crore in Bandra West. The rent for a 1-BHK apartment is between Rs. 45,000-50,000 in Bandra West and about Rs. 30,000 in Bandra East. The rent for a 2-BHK apartment is between Rs. 1-1.2 lakhs in Bandra West and between Rs. 45,000-1 lakh in Bandra East. The rent for a 3/4-BHK apartment is between Rs. 85,000-2 lakhs in Bandra West.
22nd October 2013


Capital value in Bandra East is much lower than its western counterpart. It is an average of Rs. 41,000 per sq.ft in Bandra West whereas just about Rs. 23,300 per sq.ft in Bandra East.
22nd October 2013


5

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