State: Maharashtra
District: mumbai
Total Area: 0.05 km²
Population: 6,000
Population Density: 120,000
Hay Bunder is located in South Mumbai in Sewri. It is a bustling commercial area situated in Girgaon. Hay Bunder PIN code is 400015 and is well connected to other nearby localities like Sewri, Byculla, Parel etc. Hay Bunder offers close proximity to major city landmarks like Chhatrapati Shivaji Terminus railway station, Bombay High Court and Girgaum Chowpatty. The location is ideal for professionals looking for housing options in central Mumbai within easy access to business districts.
Hay Bunder is home to a mix of cultures with people from different backgrounds residing here harmoniously. It attracts young professionals working in nearby commercial districts due to its connectivity. The locality houses many nuclear families with both partners working. With amenities like shops, restaurants and easy access to public transport, residents enjoy an active social and work lifestyle. The culture is very cosmopolitan with festivals and celebrations of all religious faiths. Heavy political and social activities also unfold at times owing to the presence of courthouses and public offices in the vicinity.
Hay Bunder infrastructure is well connected to major transportation infrastructure in Mumbai. It is located just off Western Express Highway, providing quick access to various parts of the city. The metro line being constructed on this route will further improve connectivity when complete. It is connected with the Mumbai metro line with nearest metro station within 3 km from the city i.e. Cotton Green Railway Station. Hay Bunder is also a short drive away from Bandra-Kurla Complex, a major commercial hub. There is a network of roads and flyovers that ensure easy accessibility.
The area is well served with good social and retail infrastructure. There are several renowned international and CBSE schools like SIES High School and IQRA International School within close proximity according to Hay Bunder map. Residents will have easy access to top colleges like Marine Engineering and Research Institute and LBS College of Advanced Maritime Studies and Research. World class hospitals like Balaji Hospital and KEM Hospital that can cater to all medical needs are a short drive away. For retail needs, the property is located near high street markets and large shopping malls like Phoenix Palladium and InOrbit Mall. Residents can enjoy wide options for dining, entertainment and shopping at their doorstep.
Hay Bunder property prices have been growing steadily over the last few years. Property rates in the area have appreciated by over 15-20% since 2020. This is mainly due to the ongoing infrastructure projects like metro line and connectivity improvements which have increased demand among homebuyers. Average rates in the area are around 27555 per sq. ft. Rental demand is also rising from professionals and nuclear families owing to the proximity to social and retail amenities. Over the past year, monthly rentals have increased by 10-12% as tenants are willing to pay premium prices for well-located properties. Average rental Hay Bunder property rates are in the range of 35000-60000 per month. The future looks promising for both buyers and investors in this micro-market. With further upcoming developments, real estate is expected to offer assured capital appreciation and steady rental returns.
Given its central location in Mumbai, Hay Bunder offers close proximity to some of the major employment hubs in the city. Some of the top employment hubs in Hay Bunder are-
Given its prominent location in West Mumbai, Hay Bunder is well-connected to other surrounding sub-localities that are popular residential and commercial hubs. Some of the popular landmarks near Hay Bunder are-
Located in one of the most vibrant parts of Mumbai, residents of Hay Bunder never run short of things to do in their leisure time. Some of the most popular things to do in Hay Bunder include:
Hay Bunder offers an ideal lifestyle with world-class amenities, robust infrastructure and close proximity to major employment and social hubs. Its prime location and high appreciation potential make it an excellent investment decision. The widespread development and connectivity upgrades will continue to increase the livability and value of properties here.
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