Overview of Saki Vihar Road, Mumbai

Location and Connectivity

• Saki Vihar Road rests in central Mumbai, Maharashtra, under the ZIP code 400072.
• It's near notable areas, including Raheja Vihar, Tunga Village, and Raje Shivaji Nagar.
• Major transportation routes like the Eastern Express Highway, Ghodbunder Road, and the Mumbai Metro at Marol Naka and Saki Naka offer exceptional connectivity. Kanjurmarg and Vikhroli railway stations are also reachable by car.

Social Infrastructure

• Top-notch educational establishments exist here, such as Paspoli Municipal School, Eurokids, KPM High School, the Indian Institute of Technology, and Maharashtra National Law University.
• Healthcare services are available at Balaji Hospital and Axon Hospital & Dialysis Centre.
• Bernald Market and Madina Market provide shopping for everyday needs. The Eden School & College is set to extend the educational landscape soon.

Real Estate Market

• Saki Vihar Road has enjoyed stable property value surges recently.
• The average property cost ranges from ₹15,000 to ₹27,000 per square foot, up from ₹10,000 to Rs. 17,500 five years prior.
• You'll often find 1 BHK flats starting from Rs. 50-60 lakhs and 3 BHK apartments from Rs. 85 lakhs to Rs. 1 crore.

Property Types and Rates

• Residential Apartments:
  • Property rates average Rs. 33,800 per square foot.
  • Prices have appreciate greatly, rising 31% over five years and 48.2% over the last ten.
• Builder Floors:
  • Builder floors have also raised in price, though exact recent figures are lacking.

Rental Market

• Monthly rental costs for tenants vary between ₹33,000 and ₹85,000.
• Renters tend to agree to rents 10-15% higher due to the high livability and amenities of the area.

Lifestyle and Amenities

• Saki Vihar Road is a mix of residential areas with a varied group including young professionals, families, and retired government staff.
• There's a laid back lifestyle that's eco-friendly, supported by nearby parks and spots like Powai Garden and Powai Lake.
• The area is near historical sites like Mahakali Caves and Jogeshwari Caves, as well as the Film City in Goregaon.

PropertyWala's Conclusion

Saki Vihar Road, Mumbai, is a great option if you plan on buying or renting due to its strong connections, solid social setup, and rising real estate market. It combines a balanced life with close access to schools, healthcare, and hobbies. Although property prices are high, the long-term worth and the appealing local amenities make it a smart investment. Renters can expect higher average rents, showing how desirable and high-quality this place is. In summary, Saki Vihar Road is a top pick for those wanting a comforting, easy, and vibrant home in Mumbai.