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Evershine Nagar Mumbai

Pincode: 400071

Situated in: North Mumbai

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90 Flats for Sale in Evershine Nagar

18 Flats for Rent in Evershine Nagar

State: Maharashtra

District: mumbai

Total Area: 1 km²

Population: 30000

Population Density: 30000

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About Evershine Nagar, Mumbai

Evershine Nagar is located in Malad West, a suburb of Mumbai city of Maharashtra state. It is situated right off the SV Road in Malad West. Evershine Nagar Malad West PIN code is 400077, well connected to popular neighborhoods like Kandivali, Borivali, and Mira Road. Evershine Nagar is close to shopping areas, schools, hospitals, and major transport hubs, which makes daily commutes very convenient. It provides homeowners with amenities of modern living while also being affordable.

Evershine Nagar Malad West was developed in the late 1990s as a planned township when huge land parcels in the Malad West region were converted into housing complexes. It started as a small settlement catering to lower-middle-class families looking for affordable homes. Over the past two decades, as Mumbai's suburbs grew, Evershine Nagar became a more considerable locality with larger housing projects coming up. It now houses a mix of builder floors and independent homes inhabited by young professionals and families. Amenities like shopping centers, schools, and parks were added, making it a well-developed area in Malad West.

Evershine Nagar Malad West Mumbai is a thriving mixed community with people from different backgrounds living together harmoniously. It comprises young nuclear families as well as joint families. The residents include white-collar professionals working in nearby commercial areas and families with young school-going children. People enjoy an active lifestyle here with beautiful parks and jogging tracks. The locality has a lively culture, with residents regularly organizing community events. Festivals are celebrated together, enhancing the overall sense of belonging. With access to amenities, Evershine Nagar offers residents a balanced lifestyle in a secure social environment.

Physical Infrastructure in Evershine Nagar

Evershine Nagar Malad West infrastructure enjoys excellent physical infrastructure with good connectivity. It is well linked to the Western Express Highway via Malad Railway station road, which provides swift access to several parts of Mumbai. The area will also benefit from the upcoming Metro Line 7, with a proposed Malad Railway station. There is a network of internal roads within the locality. The Malad Police Station and Malad Fire Station are nearby to ensure public safety. There are multiple nationalized and private banks, like SBI, HDFC Bank, Axis Bank, etc., within a 2-3 km radius to cater to the banking needs of residents. The proximity to business hubs like Kandivali and Borivali makes Evershine Nagar an ideal locale for living and working.

Social and Retail Infrastructure in Evershine Nagar

The Evershine Nagar area is well served by social infrastructure and amenities. Some of the top schools in the vicinity include Evershine Nursing Home, Navkar Child Care Center & Nursing Home, and Diamond Hospital. For healthcare, Lilavati Hospital and Research Centre and Shatabdi Hospital are located within 3-4 km. Residents can also choose from college options like SVKM's NMIMS and IES College of Technology. For entertainment and retail needs, Inorbit Mall is one of the most popular destinations in Malad. R-Mall and Prefect Shopping Center also offer daily essentials and groceries. According to the Evershine Nagar Malad West map, The growing presence of hospitals, schools, malls, and hotels in the area makes Evershine Nagar a livable and well-connected location.

Real Estate Market Trends and Rental Demand in Evershine Nagar

The real estate market in Evershine Nagar has been witnessing an increase in property rates and rental demand over the past few years. Due to its excellent physical, social, and retail connectivity, the locality has become increasingly popular for homebuyers and tenants. Evershine Nagar Malad West Property prices have risen by 15-20% in the past five years, with 1 BHK units now priced around ₹60-70 lakh and 2 BHK around ₹85-95 lakh at ₹19180 Avg. Price/ Sqft. This upward Evershine Nagar Malad West Property rates trend will likely continue due to growing demand and constrained new supply. The monthly rent for 1 BHK and 2 BHK flats ranges between ₹15,000-20,000 and ₹20,000-25,000, respectively. With more corporate offices and retail options in the vicinity, rental demand from professionals and nuclear families is rising steadily.

Top Employment Hubs in or near Evershine Nagar

Evershine Nagar's location is near some of the significant commercial and employment hubs in Mumbai. Residents of the locality have a wide range of employment options within a 15-20 km radius. Some of the top employment hubs near Evershine Nagar Malad West are- 

  • Borivali-Kandivali: 4.6 Km 
  • Malad Industrial Area: 1.4 Km 
  • Goregaon: 5.4 Km 
  • Andheri-Versova: 10.3 Km 

Famous sub-localities / colonies / Areas

Being a prominent locality, Evershine Nagar has several established sub-areas popular for homes and rental properties. Famous landmarks in Evershine Nagar Malad West are- 

  • Vishal Nagar Co-operative Housing Society 
  • Kanch Pada 
  • Mithchowki 
  • Lourdes Colony 
  • Orlem

Things to do in Evershine Nagar

With its parks, recreational areas, and surrounding natural spots, Evershine Nagar offers residents plenty of options to spend leisure time. Some of the top things to do in Evershine Nagar Malad West are- 

  • Evershine Garden Park is a 7-acre park ideal for morning walks and exercising amidst greenery. 
  • One of the largest parks in Mumbai, Malad Adventure Park, is 3 km away, providing an excellent venue for family outings. 
  • The Eco-Hub is a popular hangout for various indoor and outdoor games in the Evershine Enclave. 
  • The Dadaji Kondeo Stadium is also a sports complex providing playing facilities, including football, cricket, basketball, etc. 
  • Nearby is the Aarey Colony adjoining green belt, famous for wildlife photography, trekking, and one with nature experience. 
  • Aksa Beach, a tranquil beachfront just 15 minutes away, overlooking the seashore, is ideal for relaxing evenings. 
  • Fun City, an amusement zone with rides and gaming zones located off SV Road, caters to kids and youth. 
  • Lastly, Inorbit Mall, the most extensive shopping, eating, and entertainment zone situated nearby, provides a way to experience the lifestyle of Mumbai.

Conclusion 

Evershine Nagar presents an ideal locale for home and business needs, with a strategic location, comprehensive infrastructure, and natural surroundings. Its prominence as a residential hub keeps growing, benefiting residents and investors alike.

What’s Good about the Locality

Being in the heart of Mumbai's western suburbs, Evershine Nagar has many benefits within easy reach. Some key positives include:

  • Connectivity to major roads and highways enables swift travel.
  • Abundance of social infrastructure like schools, hospitals, and amenities.
  • Job options due to proximity to commercial hubs of Malad and Kandivali.
  • Refreshing green zones such as Aarey forest and national park nearby.
  • Peaceful residential environs despite being a well-integrated urban location.

What’s not Good about the Locality

While location and connectivity enhance Evershine Nagar's appeal, a few aspects need more attention. Some drawbacks are:

  • Traffic congestion on main roads during peak hours needs addressing.
  • Public transport infrastructure can be expanded with the addition of more bus routes.
  • Improvement in civic amenities like regular garbage clearance in some pockets.
  • Limited options for fine dining, pubs, and entertainment spots for young families.
  • Rising property prices may make it less affordable for some home buyer segments.
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Properties for rent in Evershine Nagar, Mumbai

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₹ 60000

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₹ 40000

1 BHK vaishali a...

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₹ 28000

1 BHK Kamanwala ...

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2 BHK crystal pa...

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1 BHK Independen...

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₹ 3000

1 BHK Evershine ...

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₹ 35000

1 BHK malad west

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₹ 20000

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1 BHK Nilkanth C...

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Properties for sale in Evershine Nagar, Mumbai

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₹ 9500000

1 BHK Rishikesh ...

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2 BHK Swarmala C...

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₹ 9500000

2 BHK Rajesh Raj...

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₹ 26000000

2 BHK Raj Infini...

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2 BHK Pleasant P...

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₹ 25000000

1 BHK Independen...

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₹ 4800000

2 BHK Om eleganc...

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₹ 18500000

1 BHK Manali Bui...

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₹ 10000000

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₹ 13000000

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₹ 4800000

1 BHK Shiv Shakt...

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₹ 2700000

1 BHK Unique Tow...

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₹ 11000000

1 RK shiv dham

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₹ 8200000

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FAQs

What is the typical cost of a property in Evershine Nagar?

Property prices in Evershine Nagar range from Rs. 5,000 per sq. ft. for older apartments to Rs. 7,000-8,000 per sq. ft. for newly launched projects. For a 1 BHK flat of around 500-600 sq. ft., expect to pay Rs. 35-50 lakh. A standard 2 BHK of 800-1000 sq. ft. is priced between Rs. 55-80 lakh. Larger 3 BHK flats cost around Rs. 75 lakh-1 crores.

What are the preferred configurations bought by homebuyers?

The most popular property configurations sought after in Evershine Nagar are 2 BHK and 3 BHK apartments. 2 BHK flats appeal to smaller families and young couples due to their compact size yet sufficient space. 3 BHK units are ideal for joint families thanks to the additional bedroom. 1 BHKs cater more to bachelors, elderly parents, or investment purposes.

How is the rental market for properties in this region?

The rental market in Evershine Nagar is robust. Average monthly rentals are Rs. 15,000-20,000 for a 1 BHK and Rs. 20,000-25,000 for a standard 2 BHK flat. 3 BHK flats are rented from Rs. 25,000-35,000 per month. Tenants are primarily working professionals, nuclear families, and students. Due to the locality's robust infrastructure and connectivity, finding tenants is usually hassle-free for property owners.

What are some trusted builders operating here?

Reputed developers active in Evershine Nagar include Superior Construction, Everstone Group, Rajesh Housing, Ahuja Realty, and SND Developers. Superior and Everstone are recognized for quality apartments and townships in the premium segment. Rajesh Housing and SND Builders offer reliable options at accessible budgets. Buyers can rely on these builders for timely possession, RERA compliance, and post-sales support.

Which banks provide home loans for properties here?

All central nationalized and private banks like SBI, Bank of Baroda, HDFC Bank, ICICI Bank, Axis Bank, IDFC First Bank, Kotak Mahindra Bank, etc., offer home loans for flats in Evershine Nagar, Malad West. The standard home loan interest rates range from 6.5% to 8% annually. Loans up to Rs. 75-80 lakh can be availed easily due to the location's stable property values and established infrastructure reputation.