Overview of Azad Nagar, Mumbai

Azad Nagar, nestled within the Andheri West region of Mumbai, stands as a flourishing and sought-after residential zone, providing numerous benefits for property buyers or renters.

Strategic Position

• Azad Nagar holds a prime spot near crucial infrastructure, such as the Chhatrapati Shivaji Maharaj International Airport (7 km), the Western Express Highway (4 km), and the Andheri Railway Station (3 km).

Connectivity

• Major roads like the Western Express Highway, Veera Desai Road, and New Link Road offer first-rate connectivity.
• Azad Nagar boasts its own metro station on Line 1 of the Mumbai Metro network, which significantly boosts inter-city travel.

Real Estate Marketplace

• Per square foot, the average property value in Azad Nagar is about ₹32,000 - ₹32,307.
• On average, a 2 BHK flat can cost you anywhere between ₹1.76 crore to ₹2.54 crores.
• Over the past 5 years, property prices have surged by 13.9%, then surged by 30.1% over the last 10 years. However, yearly property prices saw a 19.23% decrease last year.

Infrastructure and Facilities

Educational Places

• Billabong High International School and Bombay Cambridge School are just a hop away.

Medical Care

• Hospitals such as Kokilaben Dhirubhai Ambani Hospital and Bellevue Hospital are nearby.

Shopping and Entertainment

• Nearby shopping malls include Crystal Point Mall, Infinity Mall, and City Mall.

Other Amenities

• Supermarkets, banks, ATMs, pharmacies, nursery schools, restaurants, clinics, and fitness centers.

Living Conditions

• The place is well-developed but suffers from heavy vehicular traffic and waterlogging during the rains. Yet, local officials are taking steps to address these issues.

Variety of Property Types

• Mainly it has multi-story and high-rise apartments.
• Different configurations available: studio, 1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK apartments included.

PropertyWala's Conclusion

Buyers and renters will find Azad Nagar quite attractive thanks to its top-notch transit links, solid social infrastructure, and a plethora of amenities. Although last year saw a drop in property rates, long-term appreciation and active development projects make it a promising location for investment. Prospective buyers should be aware of challenges like traffic and waterlogging. In sum, Azad Nagar ranks high as a residential hub in downtown Mumbai.