Overview of Subhash Nagar, Mumbai

Locality and Connectivity

Subhash Nagar, a residential area in central Mumbai, is positioned near Chembur, Vaibhav Nagar, and Nagesh Patilwadi. Here’s how it fares on connectivity:

• Chembur railway station
• Govandi railway station
• Vivo Ghatkopar metro station
• Jagruti Nagar metro station
• Govandi Bus Depot
• Chembur Colony Bus Depot

Property Rates and Trends

• Starting property prices in Subhash Nagar average ₹11,866 per sqft; the average is ₹17,718 per sqft. More expensive properties hit up to ₹24,418 per sqft.
• The property market's Y-o-Y change indicates a stable trend at 2.47% decline.
• Average transaction rates come to around ₹21,300 per sqft.

Property Options

• Subhash Nagar provides many residential choices like apartments and standalone houses.
• Popular layouts include 1 BHK and 2 BHK apartments. Prices vary from ₹98 Lac to ₹2.75 Cr.
• Properties in societies such as Majestic Avighna and Roop Apartments cater to diverse lifestyles.

Infrastructure and Amenities

• Educational Institutions:
  • Swami Vivekananda College
  • Sevadaan Special School
  • National Job Development Center
  • Marathi Municipal School
  • KJ Somaiya College of Arts & Commerce.
• Healthcare:
  • Aditya Health Care Hospital
  • Kolekar Hospital & ICCU
  • Rushabh Eye Hospital and Laser Centre
  • Dr. Das Hospital
  • Tandon Hospital
• Shopping and Recreational Hubs:
  • Bhaji & Machhi Market
  • Anushaktingar Resident Consumer Cooperative Society (ARCCS)
  • Hemant Manjrekar Market
  • NATRAJ CINEMA
  • Shahakar Plaza
• Commute and Public Transport:
  • Proximity to various railway stations and bus depots.
  • An upcoming Metro Line 2B to enhance connectivity.

Rental Insights

• Rents vary from mid-segment to premium properties: mid-segment rents range between ₹45,000-₹60,000 per month while premium rents exceed ₹60,000 per month.

Lifestyle and Environment

• Subhash Nagar blends average and higher living standards. There are also parks for recreational activities.
• Basic safety with a local police station available, but areas like cleanliness and network connectivity need improvement.

PropertyWala's Summary

Subhash Nagar, in Mumbai, offers a fair choice for property buyers or renters in middle-range locality. Centrally located with good connectivity and amenities like schools, hospitals, and shops, it meets a broad range of needs. Although property rates have dipped slightly, Subhash Nagar’s market remains stable and profitable. Budget-conscious individuals find suitable options here without too much loss in lifestyle or convenience. Remember the cleanliness and network when deciding. Subhash Nagar balances affordability and urban amenities in central Mumbai.