Overview of Jawahar Nagar, Mumbai

Location and Connectivity

Jawahar Nagar, found in Goregaon West, Mumbai, stands out as a well-connected neighborhood. It's close to key points and transportation hubs, including Goregaon railway station. Plus, spots like PNB Bank on Road No. 17 make it convenient for people living there.

Property Prices

• Flats for Sale:
  • The cost for flats in Jawahar Nagar changes a lot.
  • For 1 BHK flats, prices start around ₹ 49 lakhs.
  • For 2 BHK flats, you can find them ranging from ₹ 1.29 Cr to ₹ 2.40 Cr.
  • For 3 BHK flats, the cost moves from ₹ 2.83 Cr to ₹ 2.96 Cr.
• Average Transaction Rate:
  • The usual price per square foot in Jawahar Nagar is about ₹ 21,560.

Property Types and Amenities

• Residential Options:
  • You can find various types of homes in Jawahar Nagar, including 1 BHK, 2 BHK, and 3 BHK apartments.
  • Both furnished and unfurnished properties are available.
• Societies and Complexes:
  • The neighborhood has many communities like Ekta Tripolis, Kalpataru Radiance, Lotus Residency, Sheth Vasant Galaxy, and Sunteck City Avenue, among others. Each offers its own kind of lifestyle and diverse price ranges.

Rental Market

• Rental Prices:
  • Renting 1 BHK flats costs between ₹ 8,000 and ₹80,000 per month.
  • For 2 BHK flats, you can expect to pay from ₹ 6,000 to ₹ 1.2 lac per month.
  • 3 BHK flats' rental prices range from ₹47,000 to ₹ 2 lac per month.
• Rental Amenities:
  • Some rental places are fully furnished, some partly, and others not at all, with some providing more like servant rooms.

Safety and Resident Satisfaction

• Safety:
  • Jawahar Nagar scores high as a safe area, earning a solid 4+ rating from its residents.
• Resident Satisfaction:
  • People often speak highly about its connection to shops, transport, and routes, which adds to its great standing.

Property Appreciation

• Historical Trends:
  • Prices in Jawahar Nagar have gone up and down but usually move upwards. One example is an 11% rise in price from the January-March 2024 period.

PropertyWala’s Final Thoughts

Located in Goregaon West, Mumbai, Jawahar Nagar is an attractive destination for people looking at homes to buy or rent. It has plenty of housing choices that fit different budgets. Its great access to different routes and positive reviews from residents increase its appeal. Whether you're looking for a long-term place to live or a spot to rent, Jawahar Nagar is definitely worth thinking about.