Gowalia Tank, Tardeo, Mumbai

Situated in the southern region of Mumbai, Gowalia Tank is a notable sub-locality in Tardeo. It's part of the Mumbai Metropolitan Region in Maharashtra, India, and is identified by the Gowalia Tank pin code 400026. This locality is nestled amidst well-known areas such as Gamdevi, Girgaon, Malabar Hill, and Mumbai Central.

The term Gowalia Tank Mumbai is derived from the Marathi/Gujarati words 'Gaie' (cow) and 'Wala' (cattle owner), signifying its initial use as a cow's bathing spot. The existing Maidan was constructed over this tank, which remains underground. This locality gained historical significance when Mahatma Gandhi initiated the Quit India Movement from here on 8 August 1942. To honor this event, the Maidan was renamed August Kranti Maidan. Over time, Tardeo and Gowalia Tank have seen significant growth, transforming into a lively city area that skillfully combines its historical origins with the present day.

Gowalia Tank is known for its peaceful and secure environment. This desirable location attracts a mix of professionals, families, and business owners. The lifestyle here is cosmopolitan, with residents accessing a wide range of facilities such as high-end shopping malls, fine dining restaurants, and cultural sites. The culture in Gowalia Tank mirrors the wider Mumbai area, marked by a spirit of acceptance, a celebration of various religious festivals, and a constant energy that reflects the fast-paced life in one of the city's most beloved neighborhoods.

Physical Infrastructure of Gowalia Tank

Gowalia Tank boasts excellent connectivity. It’s near Grant Road railway station, and bus routes like 81 LTD and 87 LTD offer links to the city. National Highways NH48 and NH548 are accessible. The Eastern and Western Express Highways are key roads that make travel easier. Future infrastructure projects, like new metro lines and flyovers, are expected to improve transportation further.

This extensive transport and service network highlights Mumbai’s dedication to developing Gowalia Tank infrastructure that supports its growing population and keeps it a lively city. Residents must use the Gowalia Tank map for easy access to these places.

Social and Retail Infrastructure of Gowalia Tank

Gowalia Tank in Mumbai is a vibrant locale with a comprehensive social and retail infrastructure. It is home to esteemed schools such as The Universal School, My Happy Place, and Bright Start Fellowship International School. Renowned colleges like Nagrik Shikshan’s College of Commerce & Economics, Bhausaheb Hiray Vidyalaya and Wilson College are also here. 

The Bhatia Hospital, Apollo Spectra Hospitals and Jaslok Hospital & Research Centre cater to healthcare needs. The Heera Panna Shopping Center, Rubberwala, The Platinum Mall and Bayside Mall offer ample retail options. Nearby banks include the Central Bank of India and the State Bank of India. The area is served by the Tardeo Police Station, and fire stations are also in the area to ensure the safety and convenience of residents and visitors. 

Real Estate Market Trends and Rental Demand in Gowalia Tank

Gowalia Tank property rates have grown 6.29% year-on-year. The average Gowalia Tank property price is ₹47,530 per square foot. Property rates range from ₹29,629 - ₹81,481 per square foot. The surge in property rates is a result of the area’s strategic location and the presence of various amenities. 

The locality offers a wide range of rental options for tenants, including fully furnished, semi-furnished, and owner flats. The average rent is ₹1 Lakh, while the rent ranges between ₹40,000 - ₹4 Lakh. The high rental demand in this area is due to its advantageous location and the availability of essential services. The escalation in property rates and rental demand in Gowalia Tank can be traced back to its excellent location, amenities, and well-structured residential projects.

Top Employment Hubs near Gowalia Tank

There are several employment hubs in and around Gowalia Tank, Bangalore. Some of the top employment hubs nearby to Gowalia Tank are as follows:

• Regus - Worli - 3.1 Km

• Peninsula Corporate Park - Lower Parel - 6.2 Km

• Bussa Industrial Estate - Lower Parel - 5.9 Km

• One World Center - Lower Parel - 6.6 Km

Famous Sub-Localities in Gowalia Tank

Gowalia Tank has several popular sub-localities. Each of these sub-localities offers various types of accommodation options. Some of them are:

• Sk Barodawala Marg

• Vasantrao Naik Marg

• Anstey Road

• Raghavji Road

• Doctor Mangeshkar Road

Things to do in Gowalia Tank

Gowalia Tank in Gowalia Tank is a calm and nice place with lots of things.  Here are the top things to do in and around this locality:

• Gowalia Tank has street markets with local wares and modern malls like Heera Panna Shopping Centre.

• The nightlife becomes lively when the sun sets. Sip creative cocktails at the trendy 36 Downtown - Restobar.

• Savour the rich flavours of cuisine at local institutions and restaurants like Falafels.

• Immerse yourself in history at local museums with its archaeological treasures and exhibits heritage.

• Find inner peace at the iconic St. Stephen’s Catholic Church with its stunning stained glass.

• Take a relaxing stroll through the lovely greenery of Priyadarshini Park.

Conclusion 

Gowalia Tank is currently a significant point of interest for individuals who plan to settle down permanently with their families in Mumbai. It is undeniably an excellent place to relocate due to its easy access to hospitals, malls, private banks, and schools. 

As a result, the demand for real estate is rising, making this a good investment opportunity for investors. For those planning to acquire a property they can call home, Gowalia Tank has all the amenities that attract residents. So, what are you waiting for? Invest in this locality now and get ready to live in a place that offers everything you need nearby!

What’s Good about Gowalia Tank?

• The area offers housing options at reasonable prices.

•  Markets in the locality provide daily necessities, making shopping convenient.

• Several schools and colleges are catering to all age groups.

• The area has multiple clinics and hospitals, ensuring readily available healthcare services.

• The area offers a variety of dining options with its restaurants and cafes.

• The locality hosts various cultural events and exhibitions at nearby venues.

• The area is well-connected to major transportation hubs, making commuting easier.

•  The locality has parks and other recreational spaces for residents to enjoy.

• Quality healthcare facilities are available in the area.

• The area has adequate safety and security measures in place.

What’s not Great about Gowalia Tank?

• The area could benefit from more frequent and reliable public transport services.

• Some historic buildings in the area need better maintenance and restoration.

• The area could be more accessible for differently-abled individuals, with better facilities and infrastructure.

• The area suffers from air pollution, mainly due to vehicle emissions.

• More parks and recreational facilities need to be built.

• Sidewalks and other public spaces are often occupied, causing inconvenience.

• Stray animals in residential areas can cause issues related to cleanliness and safety.

• The process of gentrification is leading to the displacement of local communities.