Apollo Bandar, Colaba, Mumbai

Apollo Bandar, Colaba is located in South Mumbai near iconic landmarks like Gateway of India. Apollo Bandar PIN code is 400001 and is in close proximity to popular residential and commercial areas like Cuffe Parade, Nariman Point and Churchgate. As one of the well-connected localities in Mumbai's prime southern district, Apollo Bandar offers real estate properties that are conveniently located and provide easy access to major business, retail and transit hubs in South Mumbai. 

Apollo Bandar is primarily inhabited by wealthy businessmen, senior professionals and expatriates who work in South Mumbai. Residents enjoy a cosmopolitan lifestyle amidst the city's upmarket retail and dining scene. As one of Mumbai's most high-profile areas, the locality has an eclectic mix of residents from different parts of India and abroad. Its cultural demographic is a melting pot, reflected in the diverse cuisine options, international schools and affluent community living.

Physical Infrastructure of Apollo Bandar

Apollo Bandar is well-connected to different parts of Mumbai through various modes of transportation. The locality is a short distance away from major road junctions like Shyama Prasad Mukherjee Chowk and busy railroad stations like Churchgate and Chhatrapati Shivaji Maharaj Terminus offering direct connectivity to Mumbai's suburban network. Residents can easily access the Western Express Highway and Eastern Express highway to other parts of the city and state. Being situated in South Mumbai, public transportation like BEST buses is easily available.

Social and Retail Infrastructure of Apollo Bandar

The locality is well-served by several reputed social establishments. Some of the top schools in the area include TreeHouse, B.D. Somani International School and G.D. Somani Memorial School ICSE. Renowned colleges nearby are Institute of Science Colaba, Elphinstone College and University Of Mumbai, Sir JJ College of Commerce. Apollo Bandar residents get easy access to prominent hospitals like R&R Eye Care Clinic, Kataria Eye Clinic and Abhishek Day Care Institute and Medical Research Centre. The area is also a retail hotspot with popular shopping malls like Metro Plaza, CR2 Shopping Mall and Oberoi Shopping Centre offering high-street shopping and dining options to locals and visitors alike.

Real Estate Market Trends and Rental Demand in Apollo Bandar

Being one of the most desirable locations in Mumbai for its elite demographics and world-class amenities, the real estate market in Apollo Bandar has always been on the higher side. Home prices continue their northward trend fueled by the economic growth in South Mumbai and increasing demand from HNI buyers. Premium residential properties in the locality are priced between Rs. 32,000-40,000 per sqft depending on size and amenities. Likewise, rental yields remain lucrative for landlords with 1BHK flats fetching Rs. 80000-1 lakh per month and bigger units going for over Rs. 1-1.5 lakh per month due to the high business activity and expatriate population driving up demand for quality housing.

Top Employment Hubs nearby Apollo Bandar

Being located in the heart of Mumbai's financial district, Apollo Bandar is well-positioned to be close to major employment hubs. Within a few kilometers are the central business districts of Nariman Point, Cuffe Parade, Fort and Churchgate that house corporate offices of several domestic and multinational companies. Some of the top employment hubs near Apollo Bandar include:

• DBS Business Center, Nariman Point - 1.7km
• Tata Nexarc Business Hub, Fort - 900m
• Business Today, Nariman Point - 1.7km
• Apeejay Business Centre - 1.6km
• World Trade Centre, Colaba - 2.6km

Famous Localities near Apollo Bandar

Set in the heart of South Mumbai, Apollo Bandar offers residents easy access to some of the most prominent areas in the city within close proximity. Some of the famous sub-localities near Apollo Bandar are:

• Colaba
• Cuffe Parade
• Nariman Point
• Churchgate
• Fort

Top Things to Do in Apollo Bandar

Situated in the heart of Mumbai, Apollo Bandar provides residents with easy access to a wide variety of cultural and recreational activities. There is never a dull moment for those living in this vibrant neighborhood. Some of the top things to do in Apollo Bandar are:

Gateway of India: One of Mumbai's most iconic landmarks located just 1.5 km from Apollo Bandar. It makes for a memorable photo-stop offering splendid views of the Arabian sea.

Chhatrapati Shivaji Maharaj Vastu Sangrahalaya: 

Situated 2 km away, this renowned art museum houses rare paintings, artifacts and a research center providing cultural exposure.

Marine Drive:

A 2 km scenic promenade along the coast. It is crowded every evening with locals and tourists alike enjoying a leisurely walk against picturesque sunsets.

Wankhede Stadium: 

This iconic cricket venue located 4 km from Apollo Bandar has played host to countless international matches and is a must-visit for sports enthusiasts.

Shree Mumbadevi Temple: 

Dedicated to the city's patron goddess, this 11th century temple situated near Chhatrapati Shivaji Terminus 1.5 km away attracts thousands of devotees daily.

Colaba Causeway: 

A vibrant 1 km long market street lined with shops, eateries and street food stalls is an awesome place for people watching and dining out.

Hanging Gardens:

These sloping terraced gardens perched on Malabar Hill, 4 km away, offer majestic views of the city skyline and calm refuge from the urban chaos below.

Conclusion

What’s Good:

In conclusion, living in Apollo Bandar offers residents the best of Mumbai within close proximity.

• Centrally located in South Mumbai with easy access to employment hubs, entertainment and amenities.
• Surrounded by upmarket localities housing elite professionals and global expat population.
• Abundance of retail options, dining scenes and recreational activities on offer.
• Well-served by public transport and major road networks for connectivity.

What’s not Good:

However, the high population density and traffic congestion of South Mumbai is a challenge. Rising property prices may also limit ownership prospects for some. Further beautification of older buildings and infrastructure could enhance aesthetic value. But overall it remains one of Mumbai's most desirable addresses.