Overview of Abhyudaya Nagar, Mumbai

Location and Connectivity

Abhyudaya Nagar lies in the Parel area of Mumbai South and connects smoothly to the city's main parts. Key points include:

• Lower Parel Railway Station: Roughly 1.48 KM.
• Parel Railway Station: About 2.32 KM.
• Naigaon Metro Station: Around 2.28 KM.
• Major roads like N M Joshi Marg offer easy access to other areas.

Property Prices and Trends

In Abhyudaya Nagar, here are the property prices:

• Average Price per Sqft: ₹29,162.
• Starting Price per Sqft: ₹21,943.
• Highest Price per Sqft: ₹35,000.
• Year-on-Year (YoY) Growth: Property rates have gone up by 3.63% over the last year.

Types of Properties Available

Abhyudaya Nagar provides a range of properties:

• Apartments: Available in different configurations, from a starting price of ₹4.90 Cr for a 1 BHK flat to more expensive options.
• Affordable and Luxury Projects: Projects like Abhyudaya Nagar CHS offer affordable housing. Other listings feature more luxurious apartments.

Amenities and Facilities

This locality has several amenities:

• Educational Institutions: Schools nearby include JBCN International School and Dr. Shirodkar Highschool.
• Healthcare: Nearby hospitals consist of Ambewadi Municipal Dispensary, K K Hospital, and ESI Mahatma Gandhi Memorial Hospital.
• Shopping Centers: Access to malls like Phoenix Palladium and Atria The Millennium Mall.
• Business Hubs: Near business centers like Modi Business Centre and Peninsula Business Park.

Rental Options

To rent, Abhyudaya Nagar features fully furnished apartments that come with amenities including:

• Furnished Apartments: Including TV cabinets, beds, kitchen cabinets, and cupboards.

PropertyWala's Conclusion

Abhyudaya Nagar in Parel, Mumbai, is a good real estate opportunity for buyers and renters. The area boasts good connectivity, rising prices, and many amenities which makes it appealing. With a mix of affordable and luxury projects, it suits different budgets and tastes. Plus, being close to schools, healthcare, shopping malls, and business centers further boosts its attractiveness. Considering current price trends and growth, investing in Abhyudaya Nagar might be a smart choice for both users and investors.