Chincholi Phatak, Mumbai

Chincholi Phatak is located in Malad West area of Mumbai. This property locality lies in the western suburbs of Mumbai and has a PIN code of 400064. Chincholi Phatak is near popular suburban localities like Kandivali West, Goregaon West and Borivali West which are well connected to central Mumbai. Properties available in Chincholi Phatak offer easy access to lifestyle amenities owing to its proximity to these bustling areas.

Chincholi Phatak, Mumbai is inhabited mainly by salaried professionals working in Mumbai as well as entrepreneurs running small and medium businesses. As a residential area within city limits, it attracts young nuclear families and bachelor accommodations. The lifestyle is peaceful yet vibrant, with many parks and communal celebration of local festivals. Being situated among larger suburbs, residents have easy access to their amenities while also enjoying a sense of tight-knit community culture. Properties here appeal to those seeking affordable homes amidst a lively local environment. 

Physical Infrastructure of Chincholi Phatak

Chincholi Phatak boasts of excellent transportation links that ensure seamless connectivity to major parts of Mumbai. Commuters can avail the nearby Malad metro station to reach several key business and commercial hubs across the city. The Dahisar-DN Nagar metro route further boosts connectivity. Malvani Bus Depot and nearby Kandivali E, Malad and Goregaon railway stations provide robust public transport access. Western Express Highway and SV Road are the major arterial roads near the locality.

Social and Retail Infrastructure of Chincholi Phatak

Residents of Chincholi Phatak are well served in terms of social infrastructure. Some of the reputed schools in the area include D G Khetan International School, Municipal Corporation Liberty Garden School and Orchids The International School. For higher education, there are prominent colleges nearby such as KG Mittal College, Nagindas Khandwala College and Atharva College of Engineering. Medical needs are fulfilled through hospitals like Saraswati Hospital, The Children's Hospital and Cloud Nine Children's Hospital. Major shopping malls like Infiniti Mall, Inorbit Mall and Oberoi Mall can be easily accessed for entertainment and retail therapy. This well-developed social infrastructure enhances the liveability quotient of Chincholi Phatak.

Real Estate Market Trends and Rental Demand in Chincholi Phatak

Given its strategic location and robust social infrastructure, the real estate market in Chincholi Phatak has been steadily growing over the years. Average property prices for both apartments and independent houses currently range between Avg. Rs. 24500 per square feet in the locality. Property rates in the region have increased by over 15-20% in the last 5 years owing to rising demand. Among the upper-middle class segment predominantly residing here, there is strong interest in buying properties for personal residence as well as investment. On the rental side, the availability of quality social amenities and connectivity options has ensured good tenant demand for residential units at average monthly rentals of Rs. 45,000-55,000 for 2BHK apartments. Landlords can typically expect to earn high rent returns in the locality. Both homeowners and tenants thus find Chincholi Phatak an appealing residential proposition.

Top Employment hubs near Chincholi Phatak

Given its proximity to large suburbs, Chincholi Phatak residents have easy access to some key employment centers in Mumbai. Some of the top employment hubs near Chincholi Phatak include:

• Goldline Business Center - 2.1km
• Spectrum Tower - 1.8km
• Magnus Tower - 1.5km
• Infinity Tower - 1.7km
• Maharaja Retreat Tower - 3.6km

Famous Localities near Chincholi Phatak

Being situated in the western suburbs, Chincholi Phatak is well-connected to numerous sub-localities in the area. Some of the famous landmarks in chincholi phatak are:

• Malad West
• Kandivali West
• Goregaon West
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