Overview of Bhayandar East, Mumbai

Situation and Favorability

Bhayandar East fits in as a residential area in the Mira-Bhayandar municipality of Mumbai. It's becoming quite popular among those buying property because it has a strategic spot and a developing infrastructure.

Property Rates

• Properties in Bhayandar East start from Rs. 6,190 per square foot.
• On average, properties cost Rs. 9,880 per square foot.
• Prices range from Rs. 6,190 to Rs. 17,445 per square foot, showing a blend of budget and high-end choices.

Year-over-Year Increase

• Property rates in Bhayandar East have gone up by 8.75% over the last year. This makes it a good area for investing money.

Specific Areas in Bhayandar East

• Different parts inside Bhayandar East show unique price trends:
  • Navghar Gaon: The average price reaches Rs. 9,893 per sqft, with costs from Rs. 6,974 to Rs. 14,600 per sqft.
  • Navghar Naka: Prices sit at an average of Rs. 10,861 per sqft, from Rs. 5,000 to Rs. 17,445 per sqft.
  • Kharegaon: Average Rs. 11,411 per sqft, ranging from Rs. 6,632 to Rs. 16,624 per sqft.
  • Anand Nagar: Average of Rs. 8,914 per sqft, between Rs. 8,354 to Rs. 9,849 per sqft.

Facilities and Projects

• Many new projects are being launched in Bhayandar East, such as Sonam Golden Nest II, Sanghvi Chandan Park, PIL Krishna Dham, and more. This shows a growing demand for homes.
• This part is close to other areas also developing like Mira Road, Ghodbandar, and Naigaon East.

Rental Market

• Renters have fully furnished apartments. These often come with extras like TV cabinets, beds, kitchen cabinets, and cupboards. Say, in Hari Pandurang, Bhayandar East, a 2 BHK flat can be rented for roughly ₹70,000 a month.

PropertyWala's Final Thoughts

Bhayandar East looks great for people buying or renting properties. With prices going up, new residential projects, and bettering infrastructure, it's a hot spot in Mumbai's suburbs. There's something here for many people's budgets. Plus, the yearly rise in prices means it could grow more valuable over time.