Pincode: 400006
Situated in: West Mumbai
State: Maharashtra
District: mumbai
Total Area: 2.38 km²
Population: 48956
Population Density: 20594
Located in Malabar Hill, one of the most upmarket and posh neighborhoods in Mumbai, Dadi Sheth Wadi is a heritage residential enclave close to popular localities like Tardeo, Gamdevi and Girgaon. Dadi Sheth Wadi pin code is 400006, this sublocality of Malabar Hill offers peaceful residences amidst upscale surroundings. Situated very close to shopping and business hubs like Churchgate and Nariman Point, Dadi Sheth Wadi properties present a premium living experience in one of the most coveted areas of Mumbai.
Dadi Sheth Wadi is home to some of Mumbai's elite and affluent professionals. It houses top businessmen, politicians, celebrities and industrialists who enjoy a prestigious address in this upmarket enclave. Residents lead an opulent lifestyle with access to the finest amenities. The pace is relaxed yet cosmopolitan, with people often socializing at lavish parties and cultural events. Being situated in the culturally vibrant locality of Malabar Hill, Dadi Sheth Wadi has a mix of luxury living and community feeling. Its culture is driven by traditions blended with contemporary nuances of modern Mumbai.
When it comes to connectivity and physical infrastructure, Dadi Sheth Wadi is well-equipped to meet the needs of its residents. While there are no metro lines in the immediate vicinity, residents can easily access Churchgate, Wadi Bunder CST Station, Grant Road railway station and Charni Road railway station to commute via local trains. Western Express Highway, Babulnath Road and Jawaharlal Nehru Marg provide road connectivity to other parts of Mumbai.
The residents of Dadi Sheth Wadi have access to some of the best social and retail infrastructure in Mumbai. Elite educational institutions like Edubridge Intl. The Universal School and Grant Road Central High School are located nearby. Top colleges like Wilson College and Swami Educational Society-Madurai Kamaraj University are also closeby. For healthcare needs, residents can visit renowned hospitals such as Desa's Hospital, Bombay City Eye Institute and Research Centre and Mangeshikar Access Gynecology and Infertility Center. For leisure and shopping, Palladium Mall and Bayside Mall near Mahalaxmi are driving distance away. These malls offer high-end retail, f&b and entertainment options.
Being one of the most affluent neighborhoods in Mumbai, property rates in Dadi Sheth Wadi have steadily appreciated over the years. The average property price is around ₹40,000-₹46,000 per sq.ft currently. This upward trend is likely to continue owing to strong demand from buyers who want to own a house in this upmarket locality. Rental yields are around 2-3% for homeowners. On the other hand, there is also robust demand from tenants seeking premium accommodations amidst the excellent social and physical infrastructure that Dadi Sheth Wadi offers. Its central location and elite resident profile make it an attractive rental market for landlords.
Being in close proximity to South Mumbai, residents of Dadi Sheth Wadi have easy access to several leading business districts that are major employment hubs. Some of the top employment hubs near Dadi Sheth Wadi include:
Being a part of upmarket Malabar Hill locality, Dadi Sheth Wadi is well-connected to other posh areas in south Mumbai. Some of the famous sub-localities around Dadi Sheth Wadi within 10-12km include:
Situated in central Mumbai, Dadi Sheth Wadi residents have access to many cultural and recreational landmarks within a short distance. Some of the top things to do in Dadi Sheth Wadi are:
Located right opposite to Dadi Sheth Wadi, this historic Hindu temple from the 11th century is devoted to Lord Shiva. Its architecture is magnificent with intricate carvings.
A heritage Jain temple situated in nearby Malabar Hill, it is famous for its intricate idols and cultural programs during festivals.
Perched atop a hillock in Malabar Hill, this 17th century temple offers serene views of Mumbai. Its iconography and rituals dedicated to goddess Mahalakshmi are fascinating.
Situated on an islet off Worli Coast, this important pilgrimage destination of Muslims in South Mumbai can be reached from Dadi Sheth Wadi within 15 minutes via road.
A sprawling 115-acre garden located near Mahalakshmi, it is popular for its plants, animals and bird aviary. Visitors can spend quality time amidst lush greenery here.
Dadi Sheth Wadi offers residents a privileged life with its excellent location and infrastructure.
However, the high property prices could be a constraint.
Overall, Dadi Sheth Wadi presents an unparalleled lifestyle for discerning buyers willing to invest in its premium addresses.
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