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Dadi Sheth Wadi, Malabar Hill, Mumbai

Pincode: 400006

Situated in: West Mumbai

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5 Flats for Sale in Dadi Sheth Wadi

1 Flats for Rent in Dadi Sheth Wadi

State: Maharashtra

District: mumbai

Total Area: 2.38 km²

Population: 48956

Population Density: 20594

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About Dadi Sheth Wadi, mumbai

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.

Physical Infrastructure of Dadi Sheth Wadi

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.

Social and Retail Infrastructure of Dadi Sheth Wadi

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.

Real Estate Market Trends and Rental Demand in Dadi Sheth Wadi

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.

Top Employment Hubs nearby Dadi Sheth Wadi

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:

  • The South Bay - 700m
  • Vishal Business Hub - 1.5km
  • Newbridge Business Centres - 1.7km
  • Shubham Business Center, Marine Lines - 2.5km
  • Aqua Business Centre, Marine Lines - 3km

Famous Localities near Dadi Sheth Wadi

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:

  • Malabar Hill
  • Tardeo
  • Gamdevi
  • Girgaon
  • Grant Road

Top Things to Do in Dadi Sheth Wadi

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:

Shri Walkeshwar Temple: 

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.

Babu Amichand Panalal Adishwarji Jain Temple: 

A heritage Jain temple situated in nearby Malabar Hill, it is famous for its intricate idols and cultural programs during festivals.

Shree Mahalakshmi Temple: 

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.

Haji Ali Dargah: 

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.

Veermata Jijabai Bhosale Botanical Udyan and Zoo: 

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.

Conclusion

Dadi Sheth Wadi offers residents a privileged life with its excellent location and infrastructure. 

Some Key Benefits Include:

  • Close proximity to upscale amenities, business hubs and entertainment options.
  • Tranquil and heritage residential enclave amidst scenic surroundings.
  • Proximity to top schools, world-class healthcare and reliable connectivity.
  • Sense of community living within a cosmopolitan cultural setting.

However, the high property prices could be a constraint. 

Other Minor Drawbacks Include:

  • Increased traffic and crowded streets during peak hours.
  • Lack of wide roads or spaces in certain old sections.
  • Scarcity of affordable housing or rentals for some income groups.

Overall, Dadi Sheth Wadi presents an unparalleled lifestyle for discerning buyers willing to invest in its premium addresses.

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FAQs

What is Dadi Sheth Wadi, Mumbai famous for?

Dadi Sheth Wadi is famous for its beautiful locales, heritage buildings and culture. It is located in South Mumbai's affluent area of Malabar Hill. Some of the things Dadi Sheth Wadi is famous for includes its proximity to iconic landmarks like Babulnath Temple, Chowpatty Beach,Gateway of India etc. It is also famous for its colonial architecture buildings, peaceful atmosphere and high standard of living.

Is Dadi Sheth Wadi, Mumbai a developing area?

Yes, Dadi Sheth Wadi can be considered as a developing area. Though it already has well developed social and physical infrastructure considering its location in South Mumbai, it continues to witness new residential and commercial developments. Real estate in the area is increasing at a good pace. Malls, multiplexes, offices, hospitals are coming up in the nearby areas making it more vibrant. However, developments are carefully being done keeping the heritage structures and environment in mind.

What is the pin code of Dadi Sheth Wadi, Mumbai?

The pin code of Dadi Sheth Wadi area in Mumbai is 400006. The postal head office is Malabar Hill post office located in South Mumbai which serves the pin code area of Dadi Sheth Wadi locality.

Which railway station is near to Dadi Sheth Wadi, Mumbai?

The nearest railway stations to Dadi Sheth Wadi locality in Mumbai are Grant Road Railway Station and Charni Road Railway Station. Both these railway stations are major railway stations on Mumbai suburban railway which is within 1-2 kms from Dadi Sheth Wadi providing excellent connectivity.

Is Dadi Sheth Wadi, Mumbai good for living?

Yes, Dadi Sheth Wadi is considered a very good place for living in Mumbai. Despite being in the heart of the city, it has a peaceful residential culture. With all amenities like schools, hospitals, restaurants, retail shops in vicinity and good social infrastructure, it provides a high standard of living. The connectivity to the rest of Mumbai and nearby landmarks is also excellent making it a preferred destination for residents. However, the only drawback is premium real estate prices due to upmarket location.