Overview of Bhandup East, Mumbai

Location and Connectivity

• Bhandup East is a key residential area in Mumbai's eastern suburbs.
• It's linked to major areas via the Eastern Express Highway, LBS Marg, and Agra Road.
• Nearby railways include Bhandup railway station and Nahur railway station, making commuting easy.
• Chhatrapati Shivaji International Airport is about 30 kilometres away, reachable through main roads.

Real Estate Market Trends

• Property demand in Bhandup East has surged due to development and infrastructure.
• You can find a range of mid to high-end residential projects, mainly featuring 2 and 3 BHK homes.

Developers and Projects

• Developers like Kings, Skyline, and Ashford are making an impact here.
• Noteworthy projects include HDIL Majestic Tower and a few others by well-known developers.

Property Prices and Rentals

• Sales Prices:

  • The average price tends to be ₹ 30,993 per square foot.
  • Property prices have risen steadily, up by roughly 1.04% over time.

• Rental Prices:

  • 1 BHK flats rent for ₹17,000 to ₹51,000 monthly.
  • 2 BHK flats are from ₹ 38,950 to ₹ 72,100 monthly.
  • 3 BHK flats range from ₹ 52,250 to ₹ 93,250 monthly.

Infrastructure and Amenities

• Bhandup East features facilities like football and cricket clubs, and parks such as Shivaji Talao.
• The locality is home to one of Asia’s largest water filtration plants.
• Localities have shopping malls, markets, and educational institutions nearby.

Investment Potential

• Rental yields are good, between ₹20,000 and ₹45,000.
• Future infrastructure projects, such as new metro lines and road upgrades, should push property values higher, offering long-term returns.

PropertyWala's Conclusion

Bhandup East is a great choice for home buyers and investors. Its prime spot, growing connectivity, and variety of homes from affordable to premium make it attractive. With ongoing development and major developers involved, Bhandup East is ready for major growth. Whether for a new place to call home or a smart investment, Bhandup East stands out in Mumbai’s booming real estate market.