Overview of Mohammed Ali Road, Mumbai

Spot and Access

Mohammed Ali Road is positioned right in the center of Mumbai, with great access to key sights like Marine Lines, Crawford Market, and Chhatrapati Shivaji Terminus. Well-linked highways and upcoming projects like a new metro line and urban improvement works including ring roads, flyovers, and expressways will boost mobility and connectivity.

Property Rates and Developments

The average property fee on Mohammed Ali Road is roughly Rs 18,019 per square foot.

• Rent starts at ₹47,000 per month for residential 1 BHK flats.
• 2 BHK flats are on the market ranging from Rs 25.4 lac to Rs 5.75 crore.
• Shops and commercial spaces command ₹75,000 per month for rent or Rs 42,105.26 per square foot for purchase.

Real Estate Market Growth

Property prices on Mohammed Ali Road have increased steadily by 2.15% over the past 11 months. This suggests a favorable market for sellers and investors. There's also high demand for rentals, thanks to the area's rich cultural history, bustling street food scene, and proximity to business centers.

Educational Institutions

The neighborhood is home to top schools such as Bombay Girls High School and Ismail Beg Mohammed High School. Nearby colleges include Fazlani Aishabai College Of Distance Education and Akbar Peerbhoy College of Commerce & Economics.

Healthcare Services

Several advanced medical facilities exist on Mohammed Ali Road, including Noor Hospital and Al Sadique Hospital, each offering top-notch medical treatment.

Retail and Amenities

Crawford Market is a renowned retail spot with numerous markets. A new, modern shopping center is being built which will modernize the traditional market scene. You will also find essential services like banks, police stations, and fire stations.

Work Areas

The locality is near top IT company parks and job centers which boost its economic activity and appeal.

Cultural and Lifestyle Aspects

Mohammed Ali Road reflects Mumbai's diverse culture. It offers a blend of traditions and contemporary living, with a vibrant street food scene that shines during Ramadan and many other cultural activities.

Types of Properties Offered

• Residential apartments from 1 BHK to 4 BHK.
• Semi-furnished and fully furnished flats on offer.
• Rental and sale options for commercial shops and office spaces.

PropertyWala's Summary

Mohammed Ali Road in Mumbai offers great cultural richness, a central setting, and modern amenities, making it ideal for both renters and buyers. It has strong real estate trends, top connectivity, and nearby educational institutions, healthcare services, and employment opportunities. This area's vibrant lifestyle and convenient features make it perfect for many people. With continued and future infrastructure gains, this already busy neighborhood will become even more desirable. Whether it's for a home or a business, Mohammed Ali Road provides options fitting for various needs and budgets.