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indira nagar hegganahalli bangalore

Pincode: 560034

Situated in: Central Bangalore

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1 Flats for Sale in Indira Nagar

5 Flats for Rent in Indira Nagar

State: Karnataka

District: bangalore

Total Area: 3.49 km²

Population: 71423

Population Density: 27551

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About Indira Nagar, bangalore

Indira Nagar is located in the west side of Mumbai city near Dharavi. Indira Nagar PIN code is 400017 and this area is well connected to other prominent localities of Mumbai. Indira Nagar is very close to Dadar which is a major railway station. Dharavi, one of the largest slums in Asia, borders Indira Nagar. Though Dharavi lacks basic amenities, Indira Nagar has developed into a well laid out residential area over time with good connectivity. The property prices are reasonable as compared to other parts of Mumbai due to its proximity to Dharavi.

Indira Nagar is a vibrant middle-class neighbourhood with people from different socio-economic backgrounds residing here. It houses families with mid-level professionals as well as small-business owners. The locality has a mix of Hindu, Muslim and Christian communities who live harmoniously. Residents follow an urban lifestyle with access to amenities like schools, parks, grocery stores and local markets within walking distances. The culture is very cosmopolitan with festivals of all religions celebrated. People enjoy socialising with neighbours at street corners or in housing society lobbies. A sense of community spirit is seen across age groups.

Physical infrastructure of Indira Nagar

Despite its high population density, Indira Nagar is well-connected via various transportation options boosting Indira Nagar infrastructure. Currently nearest metro station to this area is Asalpha Metro station i.e. 11.5 Km. Existing transport includes BEST buses that connect to all parts of Mumbai as well as nearby stations on the Central Line. Several main roads pass through the area with flyovers at major junctions for smoother traffic flow. Indira Nagar is serviced by two police stations and a fire station to ensure public safety. Major private and nationalised banks have branches to cater to the local residents and business community.

Social and retail infrastructure of Indira Nagar

Indira Nagar is well-equipped with several social infrastructure and amenities that cater to the needs of residents. There are many reputed schools like Sree Narayan Guru Central School, Maneckji Cooper Education Trust School and Edukidz International are located in the vicinity according toIndira Nagar infrastructure map. Gausia Hospital and Sion Polyclinic Hospital are the closest multi-specialty hospitals. The busy Chandmari area has shops like Reliance Trends and Big Bazaar that sell clothing and household items. Restaurants like McDonald's and Café Coffee Day satisfy food cravings.

Real Estate Market Trends and Rental Demand in Indira Nagar

Indira Nagar property rates in Indira Nagar has remained steady over the years due to its strategic location between Dadar and Dharavi. Property rates have seen an appreciation of about 5-8% annually. With improved infrastructure and civic facilities coming up, builders are launching more housing projects catering to the growing demand. Average Indira Nagar property prices for 2BHK apartments now range between Rs. 17000 to 27000 per sq. ft. On the rental front, while 1BHK flats fetch Rs.4,000-7,000 per month, the demand for tenants has risen substantially owing to the influx of working professionals and availability of social amenities within the neighbourhood. At the same time, landlords can expect returns of 7-10% through long-term leases.

Top Employment hubs nearby Indira Nagar

Being in close proximity to many employment centres is a key advantage for people living in Indira Nagar. Some of the top employment hubs in Indira Nagar are:

  • Horizon Industrial Parks Pvt Ltd- 5.2 Km
  • Mahalaxmi Race Course: 10.9 Km
  • Industrial Estate Compound Dinshaw Petit Road- 7.1 Km

Famous sub-localities near Indira Nagar

Indira Nagar comprises several well established sub-localities and housing colonies. Some of these popular landmarks near Indira Nagar are-

  • Dharavi
  • Bandra East
  • Mahim
  • Matunga West
  • Matunga East

Top Things to Do in Indira Nagar

Indira Nagar Dharavi is home to some top landmarks that should not be missed when visiting this vibrant area of Mumbai. A walk through the bustling markets and narrow lanes will give you fascinating insight into the lives of over 1 million residents. Some of the top things to do in Indira Nagar are-

  • One of the top attractions is the Ganesh Gully, decorated with colourful sculptures and murals of the elephant god Ganesh. Spend an hour marvelling at the artwork and creativity.
  • Next, visit Madanpura Street to experience the commercial energy and see pottery, textile and food shops tucked within crowded alleys.
  • The Matunga Labour Camp shows the well-planned homes for mill workers and is a scenic escape from the crowds. Nature lovers can visit the 80-acre Mahim Bay and enjoy views of flamingos and marine life or relax along the coast.
  • Indira Nagar also has tempting street food stalls and cafes for refreshing yourself. Its central location makes exploring Mumbai easy via local trains or buses.

The diverse sights promise rich memories for visitors open to new cultural experiences.

Conclusion

Located within 10-12 km of Indira Nagar Dharavi, some other desirable localities include Mahim, Bandra, and Dadar. All of these areas provide easy access to the vibrant culture and attractions of Dharavi along with additional amenities.

What is Good about locality 

  • Excellent transport links via road and rail to all parts of Mumbai
  • Wide selection of schools, hospitals, restaurants and shops
  • Beautiful coastal promenades and walking tracks
  • Greener neighbourhoods ideal for families
  • Growing art and cafe scenes and live music venues

What’s not not Good about locality 

  • Narrow streets become congested during peak hours
  • Limited open/green spaces within some areas
  • Inadequate stormwater drainage in old sections
  • Lack of dedicated parking spaces
  • Room for more community parks and recreation areas
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FAQs

What is Indira Nagar, Dharavi famous for?

Indira Nagar is in Dharavi which is globally renowned as one of the largest slums in Asia. It's a vibrant hub of small-scale industries like recycling, textiles, and pottery. Over 15,000 single-room factories employ over 200,000 residents.

What was Indira Nagar, Dharavi before the slum?

Dharavi was a swampy land occupied by six fishing villages before it became Asia's largest slum. The marshy lands near the Mithi River were used for fishing and agriculture by local Koli communities. Over the decades from the 1930s, growing migrant population led to informal housing development and unplanned industries in the area, leading to overcrowding and poor living conditions seen today making Indira Nagar a part of it.

Who lives in Indira Nagar, Dharavi slums?

Residents come from diverse religious, linguistic and cultural backgrounds, hailing from within Maharashtra as well as other states. While many work in Dharavi's industries, others commute outside for jobs in transport, maintenance and domestic work. Around 30% live below the poverty line despite their hard work sustaining Mumbai's economy.

Why did Adani buy Dharavi?

In 2022, the Adani Group won the high-profile bid to redevelop Dharavi, replacing the older S. Raheja plan. They will invest over $2 billion, constructing high-rise towers while rehabilitating residents. The goal is large-scale modernization to transform living standards through planned housing, roads, open spaces, and commercial areas over approximately 500 acres.