Ghodbander Mumbai

Ghodbunder is situated in the Thane district of Maharashtra, India. It is located on a hill just south of the Ulhas River. The Ghodbunder pin code is 401107. The area is connected by the Maharashtra State Highway 42, commonly called Ghodbunder Road, which links Mumbai's two principal arterial roads, the Western Express Highway and the Eastern Express Highway. It is nearby to several popular localities like Manpada Kasarvadavali, Harware City, Hiranandani Estate, and Patlipada,

The area is home to the historic Ghodbunder Fort, built by the Portuguese around 1550. The place was named Ghodbunder because it was where the Portuguese traded horses with the Arabs, leading to Ghodbunder: 'ghode' (horses) & 'bunder' (port). Over time, it was occupied by the Maratha Empire and later became the East India Company's district headquarters. A reminder of this lengthy history is the fort at Ghodbunder, which is currently in the maintenance of the Archaeological Survey of India (ASI). Over the years, it has transformed from a trading hub into a thriving residential and commercial area. 

The lifestyle in Ghodbunder is a blend of modernity and tradition. The local language is Marathi, reflecting the rich cultural heritage of Maharashtra. The area is home to a diverse population, with a mix of residential properties ranging from affordable to premium housing. Ghodbunder's serene surroundings and modern conveniences provide an excellent lifestyle, making it a great home for families. 

Physical Infrastructure in Ghodbunder

Ghodbunder infrastructure is well-developed, comprising a network of roads, freeways, expressways, and railways. The area enjoys connectivity with the Eastern Express Highway at Kapurbawdi village and the Western Express Highway at Ghodbunder village. The road also intersects with National Highways 3 and 81. The locality also lies on the BEST network of the Mumbai Metro. The locality does not have a railway station, and the nearby stations are the Thane and the Kharbav Railway station.

Soon, the Mumbai Metro Line 4 (Kasarvadavali-Wadala) is under construction which will further enhance connectivity. Use the Ghodbunder map for easy access to this transportation. In terms of public services, several police and fire stations are strategically located in the vicinity, ensuring safety and security for the residents. Numerous banks and financial institutions have opened branches here to suit the financial needs of the growing population. These developments make Ghodbunder Road a well-connected and accessible location in Mumbai.

Social and Retail Infrastructure in Ghodbunder

Ghodbunder in Mumbai is a thriving locality with a robust social and retail infrastructure. It boasts several reputed schools, such as EuroSchool Thane, DG International School, D.A.V. Public School. A. P. Shah Institute of Technology, Muchhala Polytechnic, Arun Muchhala International College of Hotel Management is a notable institution for higher education. The area is well-served by THANE NOBLE HOSPITAL, Tieten Medicity, and Brahmand Multispeciality Hospital, which provide comprehensive healthcare services. Shopping enthusiasts can visit Hypercity and R-Mall for various retail outlets.

The area is well connected to other city areas thanks to a robust transport system in place. With ongoing and upcoming social and retail infrastructure developments, Ghodbunder is becoming a self-sufficient and well-connected locality, enhancing its residents' overall quality of life.

Real Estate Market Trends and the Rental Demand in Ghodbunder

Ghodbunder in Mumbai is a preferred residential destination, particularly among the middle-income group. The Ghodbunder property prices have appreciated around 1.03%, with current Ghodbunder property rates ranging from ₹3,000 - ₹36,000 per sq ft. The average property rate is ₹11,042 per sqft. This increase in property rates can be attributed to its strategic location, excellent connectivity, and the presence of renowned builders.

As for the rental demand, it remains high due to the locality’s affordability and livability. The average rent is ₹25,015 with an increasing rate of 12.01%. The rent ranges from ₹10,000 - ₹95,000. The rental range varies widely, accommodating various budgets. Additionally, the area also has several commercial properties. The cost of buying a property can range from ₹50 lakhs to ₹8.5 crores.

The continuous demand for rentals is driven by Ghodbunder Road’s proximity to employment hubs and well-developed social infrastructure. Thus, both property rates and rental demand in Ghodbunder Road have shown promising trends for buyers, sellers, tenants, and landlords alike.

Top Employment Hubs in or near Ghodbunder

Ghodbunder has emerged as a burgeoning residential area, and its proximity to several top employment hubs makes it an attractive location for professionals. Some of the prominent top employment hubs near Ghodbunder include:

• The Orion Business Park - Borivali West - 10.9 Km
• Thaneone Corporate Business IT Park - Thane West - 16.5 Km 
• Techno Park - Borivali West - 9.6 Km
• Allied Business Centre - Borivali West- 10.2 Km

What are Some Popular Sub-Localities in Ghodbunder?

Ghodbunder is surrounded by several popular sub-localities and colonies. These areas offer diverse residential options and amenities, making them attractive to residents. Here are some of the well-known sub-localities and colonies in the vicinity:

• Nana Shankar Road
• Retibandar
• Ghodbunder Road
• Ghodbander Village
• Beverly Park Road.

Things to do in Ghodbunder

Ghodbunder offers a variety of activities and attractions catering to different interests and preferences. Some of the top things to do in Ghodbunder are as follows: 

• Explore the vibrant street markets and local boutiques for unique finds, or visit nearby shopping malls like Hypercity and R-Malll for various brands and dining options.

• Ghodbunder Road's nightlife scene comes alive with bars and lounges like Backyard and Cafe Amigos, where you can unwind and enjoy the city's energetic atmosphere.

• Within a short distance, you can discover attractions like the Ghodbunder Fort, where you can enjoy a peaceful lakeside walk for a fun-filled day with your family.

• Indulge in a diverse range of culinary delights at restaurants like Barbeque Nation and Chulha Village, offering local and international cuisines. Make sure to try Mumbai's famous street food, which can be found at numerous stalls.

• Spend quality time outdoors at Ovalekar Wadi Butterfly Garden, where you can spend some time in nature. 

• Ghodbunder Road is dotted with temples, mosques, churches, and the Infant Jesus Chapel, allowing visitors to explore the city's cultural and religious diversity.

Ghodbunder, located in Mumbai, has emerged as an increasingly attractive hub for real estate investment, seamlessly blending urban living with the charm of natural surroundings. It has become a magnet for astute investors who desire more than just property; they aspire to relish a high-quality lifestyle. Ghodbunder boasts well-established shopping centres, esteemed educational institutions, and top-notch healthcare facilities, ensuring it caters comprehensively to its residents' needs.

What’s Good about Ghodbunder?

• Excellent Connectivity: Well-connected to significant parts of Mumbai, including Thane and beyond, via road networks.
• Educational Hub: Home to esteemed educational institutions, making it ideal for families with children.
• Shopping Destinations: Proximity to shopping malls and local markets for a diverse shopping experience.
• Recreational Facilities: Parks, gardens, and cultural centers for leisure and entertainment.
• Healthcare Access: Access to top-notch hospitals and healthcare facilities for residents' well-being.

What’s not Good about Ghodbunder?

• Traffic Congestion: Regular traffic snarls during peak hours can lead to delays in commuting.
• Infrastructure Development: Some pockets need further infrastructural upgrades and maintenance.
• Public Transportation: Limited public transportation options can inconvenience residents.
• Waste Management: Enhancements needed in waste disposal and management practices.
• Water Supply: Ensuring a consistent and sufficient water supply remains a concern in certain areas