Pincode: 400063
Situated in: Goregaon East, Western Suburbs
44 Flats for Sale in Jay Prakash Nagar 
7 Flats for Rent in Jay Prakash Nagar State: Maharashtra
District: mumbai
Total Area: 0.9 km²
Population: 27518
Population Density: 2342
Jay Prakash Nagar is located in Goregaon East, in the Western Suburbs of Mumbai. The Jay Prakash Nagar PIN code is 400063 and is near popular areas like Goregaon East, Andheri East and Malad East. Jay Prakash Nagar provides easy accessibility to these bustling localities while maintaining a relatively quieter environment for its residents. It is well-connected via major roads and public transport, offering homeowners and property buyers convenient options.
Jay Prakash Nagar is home to a mix of young professionals, families and retired couples. Due to its proximity to major commercial areas, it attracts working individuals looking for affordable housing close to their workplaces. Residents enjoy a relaxed lifestyle but with easy access to the vibrant social scene of nearby localities. The culture of the area is cosmopolitan with people from different parts of Mumbai and India coexisting in a peaceful neighbourhood. Community celebrations and festivals add to the vibrant social fabric of Jay Prakash Nagar.
Jay Prakash Nagar is well-connected via major transport systems. The Mumbai Metro One line runs close to the locality with Malad and Azad Nagar metro stations providing direct access to south Mumbai and other parts of the city. The Western Express Highway and SV Road are some of the major roads around the area. Goregaon Bus Depot and Oshiwara Bus Depot offer public bus services. Train commuters can avail services from Goregaon and Ram Mandir railway stations, with several fast local trains connecting to Churchgate and other business hubs.
Residents of Jay Prakash Nagar are well served in terms of social infrastructure. Some of the popular schools in the area include Pahadi High School, Nandadeep Vidyalay and St. Thomas School. For higher education, Yashodham High School & Jr. College, Bombay Veterinary College and Ryan College of Engineering & Management are nearby. Medical needs are taken care of by hospitals such as Radha Krishna Hospital, Lifeline Medicare Hospitals and Kapadia Multispeciality Hospital. For retail therapy and entertainment, Oberoi Mall, City Centre Mall and Alankar Shopping Complex are some of the prominent options close to the locality. This ensures residents enjoy easy access to all daily, regular and specialised needs.
The average property rates in Jay Prakash Nagar for a 2 BHK apartment are around ₹1.47-2.67 Cr. Rates have increased by 15-20% in the last 3 years. This upward trend can be attributed to factors like its strategic location, proven social and physical infrastructure and community feel.
The average monthly rent for a 2 BHK apartment in the locality is approx. ₹30,000-65,000. At the same time, the rental market remains robust with strong tenant demand. Landlords can charge premium rents closer to ₹35,000-90,000 for units in prime locations due to the convenient lifestyle the area provides. Its family-friendly vibe makes it a preferred rental option. Both investors and end-users continue considering properties in Jay Prakash Nagar as a worthwhile proposition given the infrastructure and rent potential.
Jay Prakash Nagar is located in close proximity to some of Mumbai's major commercial and IT hubs. This provides residents with easy access to a variety of employment opportunities. Some of the top employment hubs near Jay Prakash Nagar include:
Being a part of the larger Goregaon region, Jay Prakash Nagar is well-integrated with other established sub-localities within close proximity. Some of the famous sub-localities around Jay Prakash Nagar are:
With numerous options around the locality, residents of Jay Prakash Nagar are never short of things to do in their leisure time. The area is well-served with parks, recreation hubs and social gathering places. Some of the top things to do in and around Jay Prakash Nagar are:
One of the major film studios in Mumbai located close to Jay Prakash Nagar. Home to famous Bollywood films. Tour the studios and catch a glimpse of the filmmaking process.
Beautiful cave formations located near the Jogeshwari railway station. Explore the 700-year old Buddhist rock-cut caves and learn about ancient Buddhist art forms. Witness intriguing carvings on the cave walls.
A protected monument known for its sculptures dating back to 810 AD. The caves consist of images of Lord Mahakali, Ganesha and Vishnu along with carvings. Marvel at the intricate artwork in these naturally formed sandstone caves.
A beautiful chain of artificial lakes created in the late 19th century. Ideal for boating, walking and views of sunset. Surrounded by lush green areas. Enjoy a stroll along the lakeside promenade.
Spread over 26 acres, this garden has a variety of trees, plants and a greenhouse. Bonuses include a music fountain and artificial waterfall. Ideal to unwind, picnic or simply admire the lush greenery. Hosts various events throughout the year.
Jay Prakash Nagar makes for a desirable residential location due to its various advantages. It offers convenient access to several amenities in the vicinity:
While Jay Prakash Nagar is well-developed, some challenges remain common to most Mumbai neighbourhoods.
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