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Laxman Nagar, Parekh Nagar, Malad East, Mumbai

Pincode: 400072

Situated in: Central Mumbai

2 Flats for Sale in Laxman Nagar

0 Flats for Rent in Laxman Nagar

State: Maharashtra

District: gurgaon

Total Area: 0.18 km²

Population: 7,000

Population Density: 38,889

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About laxman nagar, mumbai

Laxman Nagar is a charming residential area in Mumbai, Maharashtra's thriving suburb of Malad East. Laxman Nagar PIN code is 400097. It is conveniently adjacent to several well-known neighborhoods, including Malad West, Goregaon, and Kandivali. Laxman Nagar is close to Kandivali East (4.14 kilometers), Goregaon East (5.16 kilometers), Goregaon West (5.26 kilometers), and Jogeshwari East (6.33 kilometers).

The history of Laxman Nagar is intricately entwined with the growth of the Malad area as a whole. The Puravs and Pathares from the SKP community still reside in the Laxman Nagar and Malad neighborhoods. The Koli and East Indian communities both reside in coastal regions. Lord Hanuman Temple in Malvani Village, built by the Purav Family of Malvani Village in the early 19th century, is one of the oldest temples in Malad.

With a mix of families, professionals, and students living there, Laxman Nagar has a diversified population. The diverse lives of its inhabitants, from the working class to the middle class, show its global character. The area is renowned for having a vibrant environment, with busy markets, restaurants, and cultural events bringing energy to daily activities. Festivals, religious festivities, and social gatherings are all significant aspects of this community's culture, a fusion of traditional values and modern influences. 

Physical Infrastructure

Laxman Nagar infrastructure improves the quality of life for locals. The Mumbai Metro Line is easily linked to the neighborhood, allowing rapid and effective travel to other city areas. As per the Laxman Nagar map, it is also close to essential thoroughfares, such as the Western Express Highway (NH-8), a crucial arterial route that links Mumbai to other significant cities. Planned flyovers and road extensions to relieve traffic congestion are among the region's existing and proposed infrastructure projects. Between Kandivali station to the north and Goregaon station to the south, Malad has a railway station on the Western line of the Mumbai Suburban Railway. Dindoshi's Laxman Nagar metro station is the one that is closest to it. It is 3 minutes' walk away.

Social and Retail Infrastructure

Laxman Nagar Mumbai, tucked away in Malad East, has a bustling social and retail infrastructure that meets the many demands of its inhabitants. Several notable educational institutions, including Children Academy Group Of Schools, Vibgyor High School, Avm Academy English & Hindi Medium High School, St. Francis Junior College, and Sanskar College, are located in the neighborhood. These organizations support the community's general growth while offering high-quality education.

Laxman Nagar is fortunate to have reputable facilities like Sai Kripa Hospital & ICU and Lifeline Multispeciality Hospital nearby, which ensures people have access to top-notch healthcare. Retail therapy is always close because the neighborhood is close to well-known shopping centers like Shreyas Shopping Center and Laxmi Narayan Shopping Center, where locals can indulge in eating, shopping, and entertainment. Laxman Nagar's quality of life has been further improved by recent and planned improvements to the social and retail facilities, making it a great area to live, learn, get medical treatment, and engage in recreational activities.

Real Estate Market Trends and Rental Demand 

On average, the Laxman Nagar property price is Rs. 18,105 per sqft. A 1 BHK flat can be rented at Rs 13,000/- per month. A fully furnished office space can be rented at Rs 4 Lac per month with a super area of 2500 square feet. In recent years, the real estate market in Malad East's Laxman Nagar has seen considerable changes. The constant rise in Laxman Nagar property rates for purchasers reflects the higher demand for residential homes in this well-connected region. Conversely, sellers have discovered favorable circumstances to profit from their investments. There are several causes behind this increase in home prices. Due to its robust physical infrastructure, including metro connections and road proximity, Laxman Nagar has been a popular option for purchasers seeking accessibility and convenience. The thriving social and retail infrastructure and prominent hospitals, institutions, and schools nearby have also spurred the demand. The demand for rentals in Laxman Nagar has also increased concurrently. The neighborhood's increased facilities and livability are attracting tenants. Recognizing this demand, landlords changed rental prices to reflect it, thus boosting the real estate market's expansion.

Top employment Hubs near Laxman Nagar

Laxman Nagar in Malad East benefits from being close to several well-known IT company parks and employment centers, making it an appealing home option for IT workers. Within a 10-kilometer range, these are the top employment hubs near Laxman Nagar:

  1. Infinity IT Park - Approximately 3 km.
  2. Nirlon Knowledge Park - Approximately 5 km.
  3. MindSpace Malad - Approximately 7 km.
  4. Goregaon IT Park - Approximately 9 km.
  5. Technopolis Knowledge Park - Approximately 10 km.

The proximity of these popular landmarks in Laxman Nagar considerably increases Laxman Nagar's attractiveness to IT workers by fostering the ideal work-life balance.

What are some popular Sub-Localities / Colonies / Areas?

A thriving residential neighborhood in Malad East, Laxman Nagar has several desirable sub-localities and colonies, each with unique charm and facilities. Here are a few of the well-known ones:

  • Kurar Village
  • Pimpripada
  • Rathodi
  • Sunder Nagar
  • Govind Nagar
  • Krishna Nagar
  • Poisar
  • Chincholi Bunder
  • Shantaram Pada
  • Marve Road

Top things to do in Laxman Nagar

Residents and tourists may enjoy various activities and attractions at Laxman Nagar, Malad East. Here are some of the best things to do in Laxman Nagar:

  1. Look about the neighborhood markets and go street shopping for a broad range of apparel, accessories, and curiosities. Alternatively, for a more upmarket shopping experience, go to the adjacent malls, Oberoi Mall and Inorbit Mall.
  2. Explore the neighborhood's evening culture by visiting well-liked pubs, lounges, and clubs. The nightlife scene in Malad East is expanding and offers possibilities for all preferences.
  3. Take a day trip to Marve Beach, Aksa Beach, and Sanjay Gandhi National Park for outdoor adventure and relaxation.
  4. Enjoy various cuisines, including delectable street food and dine-in choices at neighborhood cafes and restaurants, which give a gourmet voyage via numerous tastes.
  5. View the local and contemporary art and culture displays by visiting museums and art galleries in the region.
  6. Visit local parks and lakes like Mindspace Garden and Chhota Kashmir for strolls or picnics. Visit the adjacent Byculla Zoo to learn more about biodiversity.
  7. Laxman Nagar is home to several houses of worship, including mosques, churches, and temples, providing chances for introspection and cultural study.

Conclusion 

Laxman Nagar in Malad East offers various activities for residents and tourists, guaranteeing that there is always something fun to do or discover.

What's Good about Laxman Nagar

Culture:

Laxman Nagar is a cultural and demographic melting pot that promotes a diverse and inclusive community and adds to its vibrancy.

Accessibility: 

Laxman Nagar's good accessibility to the rest of Mumbai through the Mumbai Metro Line and the Western Express Highway makes for simple daily travel.

Economic possibilities: 

The availability of many work possibilities near important IT business parks and employment centers draws IT experts.

Social Infrastructure:

 The neighborhood has a solid social infrastructure, with reputable schools, universities, hospitals, and retail centers close by to ensure people can access necessities.

Outdoor Activities: 

Residents may use the nearby parks and beaches, which provide chances for leisurely outdoor activities.

What's Not Good about Laxman Nagar

Crowds and Noise: 

Due to the urban character of the neighborhood, certain parts of Malad East, notably Laxman Nagar, may get congested and loud.

Infrastructure Development: 

Although the infrastructure is becoming better, continuing construction projects may cause brief inconveniences like road closures and diversions.

Traffic Congestion:

 Laxman Nagar, like many Mumbai suburbs, may encounter significant traffic congestion during rush hours, which impacts everyday commutes.

Cost of Living: 

Malad East, including Laxman Nagar, may have a higher cost of living than other suburban regions, although it is more inexpensive than certain districts of Mumbai.

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FAQs

Is Malad a good area in Mumbai?

Mumbai's Malad neighborhood is usually regarded as being decent. It is an attractive area to live in since it provides a variety of residential, business, and recreational activities. The well-connected area has a wide range of schools, hospitals, and retail malls, offering its citizens a respectable standard of living.

What is unique about Malad?

Malad is noteworthy for several reasons. It is a distinctive fusion of urban and coastal life since it includes lovely beaches, including Aksa Beach and Marve Beach. One of the largest urban parks in the world, Sanjay Gandhi National Park, is also nearby. The commercial areas of Malad are likewise bustling with activity, offering a wide range of career opportunities and a vibrant nightlife.

Which district is Malad East in?

Malad East is located in the Mumbai Suburban district in Maharashtra, India. It is part of the Mumbai Metropolitan Region (MMR).

Which is the most costly area in Mumbai?

Mumbai is known for its luxury real estate, and some of the costliest areas in the city include South Mumbai neighborhoods like Malabar Hill, Cuffe Parade, and Altamount Road. These areas are home to some of the most expensive properties in the city.

Which is the wealthiest area in Mumbai?

The wealthiest areas in Mumbai are typically concentrated in South Mumbai, where some of the city's wealthiest residents live. Areas like Malabar Hill, Cuffe Parade, and Peddar Road are known for their opulent homes and high-net-worth individuals.

Which type of area is Malad?

Malad is a diverse locality in Mumbai that combines residential, commercial, and recreational elements. It has both upscale residential neighborhoods and more affordable housing options. IT business parks and shopping malls add to its dynamic character, making it a well-rounded suburban area within the city.