Overview of Irani Wadi, Mumbai

Location and Accessibility Irani Wadi is within Kandivali West, Mumbai, which presents itself as a convenient and connected place. It's near many necessary amenities such as schools, temples, markets, grocery stores, cinema halls, clubs, restaurants, and the railway station.

Community and Lifestyle

• Community: Well-known for its strong neighborhood bonds, Irani Wadi draws a variety of residents, including families, working people, and retirees. It offers a good mix of traditional and modern living styles.
• Living Environment: The neighborhood provides a pleasant living experience with a supportive community vibe.

Real Estate Market

Property Prices

• Recently (Jan-Mar '24), the average property rates in Irani Wadi are around ₹18,202 per square foot. Notice the -3% change from the last quarter.

Types of Properties Available

• For Sale: You can find ready-to-move apartments and other homes. For instance, an apartment ready for moving in costs around INR 35 Lac.
• For Rent: 1 BHK flats are available at ₹35,000 per month. Often, these flats are close to places like Bhurabhai Hall.

Market Trends

• Property rates in Irani Wadi have had some ups and downs over the years. In 2023, they rose by 8% in some nearby areas, although data specific to Irani Wadi in that period isn't provided.

Amenities and Infrastructure

• Educational Institutions: Proximity to several schools.
• Religious and Social: Close to temples, clubs, and community centers.
• Shopping and Entertainment: Markets, grocery stores, cinema halls, and restaurants are all nearby.
• Transportation: Easily connected to the railway station.

PropertyWala's Conclusion

The town of Irani Wadi in Mumbai is a great choice whether you're looking to buy or rent property, particularly if you value a community lifestyle. Its convenient location, comprehensive amenities, and moderate property prices make it suitable for various kinds of residents. Even though property prices might change, the general trend points toward a steady and likely expanding real estate market. So, Irani Wadi makes a strong case for those desiring a balanced and comfortable living environment in Mumbai.