Bane Compound, Tardeo, Mumbai

Bane Compound is located in Mumbai Central. It is located near Sion and Wadala areas of Mumbai. Bane Compound Pin Code is 400034 and it is very well connected to major localities in Mumbai like Malabar Hill, Girgaon and Tardeo being at a close proximity. 

Bane Compound, Mumbai is a mixed community with people from various social and economic backgrounds residing together harmoniously. It is a vibrant locality with people from different professions like businessmen, clerks, factory workers etc. calling it their home. The lifestyle is moderate with most people preferring to stay close-knit with their families. The culture is eclectic with celebrations of main festivals cutting across religions. There is a sense of unity among residents who are friendly and communal living is its hallmark.

Physical Infrastructure of Bane Compound

Bane Compound is well connected via major roads and highways. The Mumbai-Pune Expressway and Eastern Freeway provide quick access north and south of the city. The Sion Panvel Highway is a short drive away enabling swift commute towards Navi Mumbai. The Mumbai Metro line passes through the neighbouring areas improving intra-city connectivity. Being centrally located, various modes of public transport like BEST buses, auto rickshaws and taxis are easily available. 

Social and Retail Infrastructure of Bane Compound

Bane Compound is well served by social infrastructure and amenities. For education, renowned schools like Aditya Birla World Academy, Hill Spring International School, and Girton High School are at a close proximity. Apollo Spectra Hospital is located within Tardeo, while Jaslok Hospital and Research Centre, two of the most sought-after medical facilities in Mumbai, are at a 10 minute drive. Big C supermarket and Big Bazaar provide daily grocery needs of residents. Growel's 101 and High Street Phoenix mall in Lower Parel offer entertainment and retail therapy. The area also has commercial establishments, local markets and restaurants providing everyday needs of locals. Residents can access amenities like ATMs of major banks, a police station and a fire station in close vicinity. 

Real Estate Market Trends and Rental Demand in Bane Compound

The property rates in Bane Compound have remained largely stable over the last few years due to its connectivity and infrastructure developments. For buyers, it is an attractive residential enclave because of proximity to business destinations and social amenities. The average property rates for apartments range between Rs. 40,000 - 50,625 per square feet. For landlords, the rental demand is on the rise with tenants preferring this locality given its livability and communal atmosphere. Tenants are willing to pay 10-15% higher rent year-on-year. Landlords can expect monthly rentals between Rs. 11,000-25,000 for 1 BHK and 2 BHK flats. The market outlook for both buyers and landlords is positive.

Top Employment Hub Nearby Bane Compound

The locality of Bane Compound is in close proximity to Some of the top employment hubs near Bane Compound include:

• Vishal Business Hub - 2.1km
• The South Bay - 2.1km
• Regus Business Centre - 2km
• Lodha Excelus - 3.7km
• Urmi Estate - 4.6km

Famous Sub-Localities near Bane Compound

Being a centrally located area, Bane Compound has many prominent residential sub-localities within close proximity. Some of the most popular landmarks in Bane Compound include:

• Tardeo
• Gamdevi
• Girgaon
• Malabar Hill
• Mumbai Central

Top Things to Do in Bane Compound

Situated in Mumbai Central, Bane Compound residents are well connected to major entertainment and sightseeing destinations in the city. Some of the top things to do in Bane Compound include:

• Haji Ali Dargah: Located off the coast of Worli, this iconic mosque and shrine built on an islet can be accessed via a long causeway. It offers stunning views of the sea and is a must-visit for both religious pilgrims as well as tourists.
• Veermata Jijabai Bhosale Botanical Udyan and Zoo: Spread over 80 hectares, this expansive garden and zoo located in Byculla is a great family outing spot. It has a variety of plants, trees as well as animals and birds. Don't miss the aquarium.
• Mahalakshmi Race Course: Hosting some of the most prestigious horse races in Mumbai, this is a popular spot not just for betting and watching races but also for people watching. Try to catch a race during the weekends.
• Shri Walkeshwar Temple: Dedicated to Lord Shiva, this charming Hindu temple located in Malabar Hill dates back to the 12th century. Visitors can enjoy the tranquil surroundings and architecture.
• Shree Siddhivinayak Temple: Dedicated to Lord Ganesha, this is one of the most iconic and wealthiest temples in Mumbai. It draws crowds throughout the year but especially during the festivals of Ganesh Chaturthi.

Conclusion

Bane Compound offers an affordable yet quality living experience. Some of the good things about living here are:

• Centrally located with a well-developed social and transportation infrastructure
• Access to various employment hubs within the city
• Appreciating property values and good rental yields
• Peaceful neighbourhood amidst the busy city
• Proximity to major hospitals, educational institutions and recreational areas

However, there are some challenges such as:

• Traffic congestion along major roads during peak hours
• Lack of open or green spaces within the immediate vicinity
• Limited options for global cuisines and premium retail
• Water logging during monsoon due to poor drainage system
• Possibility of redevelopment and relocation in future.

Overall, Bane Compound provides a balanced lifestyle for both homeowners and tenants.