Overview of Pali Village, Mumbai

Location and History

Pali Village lies in the Khar West and Bandra West sections of Mumbai. Historically, it was a quaint fishing village with the Kolis, the original dwellers of Mumbai's coastal regions. Over time, it has absorbed influences from British rule, expats, hippies, and bohemian groups, giving it a unique cultural character.

Ambiance and Lifestyle

This village is cherished for its charming, quaint environment, featuring narrow lanes, historic homes, and landmarks. It offers a peaceful retreat from Mumbai's hectic core, appealing to artists, writers, and intellectuals. Known for its bohemian lifestyle, it's famous for its artistic vibe, quaint cafes, galleries, and shops.

Real Estate Market

Property Prices

• Properties in Pali Village typically hover around Rs. 48,021 per square foot, with an annual growth rate of 22.41%.
• Prices can vary widely: from Rs. 27,272 to Rs. 59,375 per square foot.

Property Types and Configurations

• You can find various types of apartments: 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK.
• Price range by configuration:
  • 1 BHK: ₹20 Lac to ₹3.5 Cr.
  • 2 BHK: ₹2 Cr. to ₹6.5 Cr.
  • 3 BHK: ₹5.65 Cr. to ₹7.5 Cr.
  • 4 BHK: ₹28 Cr. to ₹30 Cr.
  • 5 BHK: ₹30 Cr. to ₹45 Cr.

Notable Societies and Projects

Kenwood Apartments, Dheeraj Arcade Apartment, Lakhani Signature, Rustomjee The Panorama, Bhojwani Enclave, Capri Heights Apartment, Jade Garden Pali Hill, Kamala Aqua Marine, Pali Hill Niketan, and Passion Flower CHS rank among top communities and projects.

Rental Market

If rental is your plan:

• Flats are offered, such as a 750 sqft 2 BHK for ₹30,000 and a 970 sqft one for ₹1.6 Lac.

Amenities and Infrastructure

Pali Village boasts amenities like delightful cafes, art spaces, and chic shops. Additionally, it provides security and prime location benefits, proving desirable for both investors and regular buyers.

PropertyWala's Conclusion

Pali Village features a unique mix of historical charm, cultural depth, and modern amenities, thus captivating seekers to buy or rent homes here. Given its notable annual price rise, investments here are promising. For usual buyers, the setting promises a quiet lifestyle with easy access to diverse amenities. However, investors should consider evaluating price trends and property setups to make decisions conforming to their budget and tastes.