Lallubhai Compound, Govandi, Mumbai

Lallubhai Compound is a residential locality located in eastern part of Mumbai under Govandi suburb. Lallubhai Compound PIN code is 400043 and is situated near popular areas like Mankhurd West, New Gautam Nagar and Govandi East. This blog will provide details about various real estate projects and housing options available in Lallubhai Compound including prices, amenities and proximity to local markets, transport and other neighborhoods. 

Lallubhai Compound is a mixed community with people from various socio-economic backgrounds residing here. It is primarily a lower middle class locality inhabited by small business owners, daily wage laborers and factory workers. People here follow a simple lifestyle, focussed around their families and community. The locality has a congenial culture where neighbors know and help each other. Festivals like Ganesh Chaturthi and Diwali are celebrated with great fervor. Overall, it is a close-knit community offering a low-cost housing option close to Mumbai city.

Physical Infrastructure of Lallubhai Compound

Lallubhai Compound has well-established physical infrastructure to support its residents. The locality is well-connected via public transport with Govandi Bus Depot and Chembur Colony Bus Depot providing bus services. It is also near Mankhurd railway station and Govandi railway station, which are stops on the central railway line of the Mumbai Suburban Railway. The Monorail line from Chembur to Jacob Circle enhances connectivity. For private vehicles, the Sion-Panvel Highway passes through Govandi, providing access to various parts of Mumbai. Further, the locality is located right off Mumbai-Satara highway and lies close to the Eastern Freeway. 

Social and Retail Infrastructure of Lallubhai Compound

The locality is well-served with social infrastructure. Schools like Modern English School, Sevadaan Special School and Marathi Municipal School provide education from KG to 12th standard. For higher education, residents can enroll at nearby reputed colleges such as K. J. Somaiya College Of Arts And Commerce, Tata Institute of Social Sciences (TISS) and Garodia International Centre for Learning. Health needs are covered through multi-specialty hospitals in the vicinity including Apollo Spectra Hospital, BARC Hospital, RCF Hospital, and Zen Multi Speciality Hospital. Retail shopping is possible at major malls situated close by like R Odeon, Cubic, R City, and Phoenix Marketcity. These amenities make Lallubhai Compound a suitable residential option.

Real Estate Market Trends and Rental Demand in Lallubhai Compound

The real estate market in Lallubhai Compound has been steady with both buying and renting activity. Due to its strategic location and availability of social and physical infrastructure, property rates in the area have appreciated over the years, ranging currently between Rs. 4,000-15,000 per sqft. This has enabled sellers to get good returns on their properties. Rental demand is also robust owing to a steady influx of migrant workers and employees of nearby companies and offices. Landlords can charge Rs. 26,000-60,000 per month for 1BHK and 2BHK flats depending on the size and amenities. Both homeowners and tenants have benefited from improved connectivity and a flourishing local job market in this part of Mumbai.

Top Employment Hubs nearby Lallubhai Compound

Lallubhai Compound is located in close proximity to several major employment hubs of Mumbai that provide a steady stream of jobs. Some of the top employment hubs near Lallubhai Compound include:

• Anurag Business Center, Chembur - 3km
• Signature Business Park, Subhash Nagar -3.3km
• Raheja Plaza, Ghatkopar West - 8km
• Almas Business Centre, Kurla - 7.9km

Famous Localities near Lallubhai Compound

Being a part of the eastern suburbs of Mumbai, the Lallubhai Compound area is surrounded by several thriving localities within short distances. Some of the famous landmarks in Lallubhai Compound are:

• Govandi
• Mankhurd
• Chedda Nagar
• Chembur
• Ghatkopar East

Top Things to Do in Lallubhai Compound

Situated in eastern Mumbai, Lallubhai Compound provides its residents access to varied entertainment and leisure options within short travel times. Some of the top things to do in Lallubhai Compound are:

Ambedkar Garden: 

Spread over 40 acres, it has beautiful landscape and walking tracks named after Babasaheb Ambedkar. It is located behind Sion hospital and hosts exhibitions and events.

Maharashtra Nature Park: 

Situated in Sanjay Gandhi National Park, it has exotic plants and animals in their natural habitats. Visitor can spot langurs, peacocks and over 180 bird species here.

Shiv Fort: 

Perched on a hilltop near Chembur, it offers panoramic views of the city skyline including Marine Drive. The fort built during the 17th century is a popular spot for morning walks and photography.

Sewri Fort: 

A historic fort located near the Mumbai port. It saw many wars and now has a calm environment for outings. One can see old lighthouses and enjoy coastal views from here.

Powai Lake: 

A sprawling man-made lake spread across 647 acres. It is a hotspot for jogging, boating and enjoying scenic sunsets. Several cafes line the shore for relaxing evenings.

Conclusion

What’s Good:

Lallubhai Compound offers an affordable lifestyle with excellent nearby amenities. Some key advantages are:

• Strategic location with various transport options.
• Established social infrastructure of schools, hospitals and malls.
• Proximity to major employment hubs and opportunities.
• Thriving real estate market with appreciation in property rates.
• Surrounded by entertaining landmarks and parks within short distances.

What’s not Good:

While the locality provides a conducive living environment, some aspects could still be improved. For instance:

• Scope for more organized commercial developments.
• Traffic management during peak hours needs attention.
• Ensuring regular maintenance of common areas.
• Upgradation of certain internal roads and connections.
• More green cover and open recreational spaces.

On the whole, Lallubhai Compound proves a suitable residential address in eastern Mumbai.