Overview of Koliwada, Mumbai

Location and Accessibility

Koliwada lies in two parts of Mumbai: Worli and Sion. In Worli, it is close to the coast and famous for its historic and cultural areas. In Sion, it is within the central suburbs, blending residential and commercial spaces. Both parts have good links to other parts of Mumbai by public transport.

Property Types

• Worli Koliwada: You can find various properties here, like apartments, villas, plots, and commercial spaces. These types depend on local development and zoning rules.
• Sion Koliwada: This area has different residential choices, including 1 BHK and 2 BHK apartments, independent builder floors, and studio apartments/1 RK flats.

Price Trends

• Worli Koliwada: Prices start around ₹13,333 per square foot, with an average of ₹13,518 per square foot. This shows a stable market with a slight rise.
• Sion Koliwada: Prices change. 1 BHK independent builder floors go for about ₹16,216 per square foot. Studio apartments/1 RK flats average around ₹18,947 per square foot.

Amenities and Facilities

• Worli Koliwada: Homes typically include features like car parking, multiple bathrooms, and different floor plans. For example, a 1 RK flat here may have a single bathroom and limited parking space.
• Sion Koliwada: The place has properties with more amenities, including multiple bathrooms, car parking, and specific directions (like north-facing apartments).

Investment and Rental Perspective

• Buying: Koliwada's stable, slightly increasing price trend makes it appealing for investors and home buyers in Worli.
• Renting: Renting is also possible, although listings may not be as common as for sale properties. For instance, you can rent a 1 RK flat in Worli Koliwada for around ₹18,913 per month depending on size and amenities.

PropertyWala's Final Thoughts

When thinking about buying or renting in Koliwada, Mumbai, you will find both historical appeal and modern amenities. In Worli, stable property prices and the coastal location are great for living or investing. In Sion, various property types and pricing cater to different budgets and tastes. Always consider personal needs and budget before making a choice.