Pincode: 400059
Situated in: Central Mumbai
State: Maharashtra
District: mumbai
Total Area: 1 km²
Population: 15,000
Population Density: 15,000
Fatherwadi is a neighbourhood located in suburban Mumbai. It is situated in the north-eastern part of the city in Vasai East. This property is conveniently located with easy access to the main Mira Road via NH 48 and within walking distance to the Ghatkopar railway station. Fatherwadi PIN code is 401208. The locality is close to popular areas like Vikhroli, Bhandup and Kanjurmarg providing residents with excellent connectivity to the rest of the city and outskirts of Mumbai.
Fatherwadi is primarily a middle-class residential area inhabited by upper middle-income families and young professionals. The lifestyle is peaceful yet fast-paced. People are mostly working individuals and nuclear families who appreciate the quiet neighbourhood after a busy day. The culture is traditional yet cosmopolitan. Festivals like Ganesh Chaturthi and Diwali are celebrated with fervour. Residents include Maharashtrians, South Indians, Gujaratis and people from other parts of India who have adopted Mumbai's eclectic mix of cultures. The locality has a close-knit community where people socialise during rituals and events.
Fatherwadi enjoys well-developed physical infrastructure that makes connectivity quite convenient. It is well served by major transportation services boosting Fatherwadi infrastructure. The location is well connected to Western Express Highway via SV Road and Kanjurmarg Station Road providing swift access to key areas in Mumbai. There are multiplexes, hospitals, shopping centres, banks, restaurants and convenient stores in the vicinity. The area is well protected with police stations located in Kanjurmarg and Vikhroli to ensure safety of residents. There is also a fire station in Vikhroli to tackle emergencies swiftly. With its prime location and availability of social and physical infrastructure, Fatherwadi offers an ideal residential address.
Fatherwadi has excellent social infrastructure with numerous schools, colleges, hospitals and malls within close proximity. Some of the top schools in the area include St. Joseph English High School, Vidya Vikasini English High School and Vidya Vikasini School. For higher education, it is near RK College and Ghanshyamdas Jalan College of Science Commerce & Arts. Residents can access medical facilities at Platinum Hospital Vasai and Indradhanush Hospital, both well-known for multi-specialty services. Entertainment and shopping needs are well served by High Street Phoenix Mall, one of the largest malls in Mumbai. Utsav Shopping Centre and Vrindavan Shopping Centre provide daily needs. With its proximity to social amenities like Podar College, SIES College of Management Studies and Jupiter Hospital, Fatherwadi presents a socially well-connected residential locale.
Fatherwadi property prices have been performing well over the last few years. Property rates in the area have steadily increased at a modest 5-8% annually due to strong rental demand and infrastructure development projects. For buyers, it presents a good investment opportunity as capital values are projected to appreciate further. Fatherwadi property rates in the area are about 6429 per sq. ft. For tenants, the locality remains a preferred rental location because of convenient connectivity and availability of social amenities. Rental prices have accordingly seen an average 5-10% rise each year. Rental prices in the area are between 9000- 16000 per month. Landlords continue to benefit from the high occupancy rates and steady rental uptick. The upcoming Metro line extension and proposed commercial projects nearby are expected to give an additional boost to both the buying and rental markets. This will accentuate the end-user as well as investor appeal of properties in Fatherwadi.
Being centrally located in Mumbai, Fatherwadi provides ease of access to many prominent employment hubs of the city. With so many key employment hubs well-connected by road and upcoming metro, residents of Fatherwadi enjoy ample job opportunities across sectors. Some of the top employment hubs in Fatherwadi are-
Being a well-established location, Fatherwadi encompasses several popular sub-areas preferred by homebuyers and tenants alike. Residents can choose from varied housing options across apartment complexes, individual homes and planned societies based on their needs within Fatherwadi. Some of the popular landmarks near Fatherwadi are-
Fatherwadi is surrounded by spots worth exploring on your days off. Planning a weekend itinerary? This central Mumbai locale puts amazing attractions within easy reach. Some of the top things to do in Fatherwadi are-
Fatherwadi presents an ideal location for residential living in Mumbai. With robust infrastructure, employment opportunities, social amenities and a thriving real estate market, it offers an alluring option for both homebuyers and tenants looking for a self-sufficient neighbourhood within the city limits.
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