Realty hot spot: A premium locality in Mumbai's western suburbs
Juhu-Ville Parle in Mumbai is a premium micro-market in the western suburbs of Mumbai. Key schools and colleges in this area are Jamnabai Narsee School, Mithibai College, NMIMS and St. Xaviers High School
By ET CONTRIBUTORS | Updated:
Getty Images
This week's ET Wealth realty hot spot series takes a look at Juhu-Ville Parle in Mumbai. The area covers Juhu, Ville Parle East and Ville Parle West. This is a well developed area with ample infrastructure and amenities. It offers excellent connectivity with key job hubs through Western Express Highway, SV Road and suburban railways.
The area is 3 kms from the airport, 2 kms from the nearest railway station and 3 kms from the Western Express Highway. The price range of properties here is between Rs 22,700 per square feet and Rs 45,700 per square feet. The average cost of 1 BHK, 2 BHK, 3 BHK and 4 bhk is Rs 1.6 crore, Rs 3 crore, Rs 5 crore and Rs 10 crore, respectively.
Locality snapshot: Juhu-Ville Parle, Mumbai
Highlights
Premium micro-market in western suburbs
Key schools and colleges are Jamnabai Narsee School, Mithibai College, NMIMS and St. Xaviers High School
Good social infra: Nanavati and CritiCare Hospitals, DB Mall, Parle Square and high-street retail on Linking and SV roads
Excellent connectivity with key job hubs through Western Express Highway, SV Road and suburban railways
Supply by BHK Consumer preference by budget segment (Rs) Consumer preference by covered area (sf)
Schools 15+
Hospitals 15+
Restaurants 20+
Banks 20+
Grocery Stores 20+
Petrol Pumps 15+
Source: Magicbricks
(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
