Overview of Munjal Nagar, Mumbai

Positioned in Mumbai

• Munjal Nagar lies within the Mumbai Harbour region, precisely in the neighborhoods of Govandi and Chembur.

Connection to the Area

• Properties in Govandi benefit from placement near prominent streets with the Santa Cruz Chembur Link Road just 0.2 km. The Mumbai Harbour is approximately 2 kilometers from the neighborhood.

Pricing of Real Estate

• The Chembur sector of Munjal Nagar sees an average price per square foot of around ₹21,604. This steady rate spans various real estate options, signaling a stable market.
• For specific projects like Nav Munjal Nagar CHS in Govandi, prices can fluctuate around ₹23,750 per square foot. A 780 sq. ft. 2 BHK property may cost around ₹1.52 crore.

Features in the Area

• Properties in Munjal Nagar, especially in Nav Munjal Nagar CHS, provide several modern amenities including:
  • Play Areas / Sand Pits for Kids
  • Power Backup
  • Treated Water Supply
  • 24 x 7 Security
  • Common Gardens / Central Greens
  • Indoor Games
  • 24*7 Water Supply
  • Elevator
  • Basement Parking

Varieties of Home Layouts

• Available varieties in Munjal Nagar feature 1 BHK, 2 BHK, and larger units.
  • For instance, a Chembur 1 BHK unit could have a built-up space of 396 square feet and is priced around ₹1.19 crore.
  • A 2 BHK unit within Nav Munjal Nagar CHS in Govandi has a liveable area of 780 sq. ft.

Rental Opportunities in the Area

• Munjal Nagar also features rental options, with rates from ₹40,000 to ₹75,000 for a standard 2 BHK apartment monthly. The average rental price per square foot is around ₹73.

PropertyWala’s View

Munjal Nagar in Mumbai balances affordability with modern amenities, appealing to both buyers and renters. Its strategic location facilitates good access to major roads and amenities. Still, price variations might occur within Munjal Nagar, considering specific areas like Govandi or Chembur. Therefore, it’s a desirable option for individuals seeking comprehensive residential properties in a handy and cost-efficient zone of Mumbai.