State: Maharashtra
District: mumbai
Total Area: 0.21 km²
Population: 12,573
Population Density: 60,348
Gaiwadi is a residential and commercial neighbourhood located in south Mumbai. Situated near Mumbai Central station, this area has a PIN code of 400002. Gaiwadi is very close to other bustling localities like Kalbadevi, Marine Lines and Masjid Bandar. It is well connected to these areas by road as well as local trains on the railway lines. The residential structures in Gaiwadi are mostly old buildings and chawls dating back to the early 20th century. Being located close to railway stations and markets, this area is very convenient for both living and conducting business.
This residential society has a mix of young professionals, families and retired couples. Residents lead a quiet lifestyle focused on community living. It has a pleasant neighbourhood atmosphere where people are friendly with each other. Kids can often be seen playing in the green areas while other residents socialize during evening walks. Being located in a secular area, the locality has people from different cultural and religious backgrounds who coexist in harmony. Overall, it offers a peaceful homelike environment for residents.
The locality is well-connected with excellent transportation options. The metro station is just 500 meters away, providing direct access to the airport and various parts of the city. It is near the proposed coastal road, ensuring a swift commute. Major landmarks in the area can be reached within 20 mins. There are bus stops right outside the community for local transportation. Metro station nearest to the area is around 2 Km i.e. CST Underground Metro Station. Overall, the project's location and amenities provide a seamless lifestyle.
The locality is well-known for its quality social infrastructure. Renowned schools like Mahapragya Public School and Barretto High School offer education from pre-primary to higher secondary level in close proximity. For healthcare, there is the renowned Shroff Hospital and Gokuldas Tejpal Hospital within 5 kms. Some of the popular malls in the vicinity include Oberoi Mall, Inorbit and Sahar. Residents can purchase their daily needs from the local supermarket and fruits/veggie vendors. The BKC business district and DY Patil Stadium are also nearby, providing options for work, sports and entertainment. Overall, world-class social amenities ensure residents lead a stress-free lifestyle.
The property rates in this area have shown an upward trend over the past few years. This can be attributed to factors like robust social and transportation infrastructure as mentioned earlier. For buyers, prices are very suitable given the surroundings. Average rates in the area are around ₹17,857 per sq. ft. For investors, the rentals have been steadily rising making it a good investment area for landlords. Tenants are finding desired rental accommodations within budget due to high demand. Average rental from properties in the area is between 60000-85000 per month. Overall housing demand has grown because of large townships, offices and commercial hubs in proximity. Both end-users and investors can benefit from this locality's real estate market, with capital appreciation and rental income expected to rise further.
The location is a major employment hub with numerous options for work. With these prominent employment options in close proximity, residents can pursue their careers without worrying about the daily commute.
Being a large locality, it has several well-known pockets that residents may be familiar with. A few of the popular sub-areas are:
When it comes to attractions, this locality promises endless fun and exploration. With so many exciting options right on your doorstep, you'll never run out of adventures!
From relaxing seaside getaways to lively entertainment extravaganzas, there truly is something here for everyone. Make sure to experience this diverse locale's rich attractions - you won't regret it!
One can see that living in this neighbourhood would be a superb choice. With excellent social and transportation infrastructure along with quality amenities, residents enjoy a well-balanced lifestyle. The booming job market and property scenario make it an ideal investment decision as well. No wonder so many calls this thriving community their home sweet home. Why not join this vibrant community yourself?
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