Maharashtra Industrial Development Corporation Mumbai

Located in Andheri East, one of the most commercial areas in Mumbai, Maharashtra Industrial Development Corporation presents a wonderful opportunity for investments. Maharashtra Industrial Development Corporation PIN code is 400093, is well-connected to the rest of Mumbai and lies close to popular localities like Powai, Vile Parle, Andheri West and Goregaon East. Its proximity to Western Express Highway and metro connectivity makes it a convenient location for both home and office.

Maharashtra Industrial Development Corporation, Andheri East is a cosmopolitan area attracting people from all walks of life. Being one of the major commercial hubs of Mumbai, it houses working professionals from various industries and cultures. The fast-paced lifestyle of the city is reflected in its people who believe in working hard and playing hard. However, Sundays and evenings see a more relaxed culture as residents make the most of their non-working hours socializing in the cafes, restaurants and malls dotting the locality. With its vibrant culture and lively atmosphere, Andheri East provides the perfect mix of work and play.

Physical Infrastructure of Maharashtra Industrial Development Corporation

Maharashtra Industrial Development Corporation physical infrastructure is robust with multiple modes of transportation available. The Metro Line 4 provides swift connectivity within the city. The Jogeshwari-Vikhroli Link Road and Western Express Highway ensure smooth traffic flow. Several major roads like the Andheri-Kurla Road and Ghatkopar Link Road provide access to different parts of the city. The Chhatrapati Shivaji International Airport is barely 3 km away. Andheri Railway Station serves the locality well, while BEST buses and other local transport modes offer last-mile connectivity. 

Social and Retail Infrastructure of Maharashtra Industrial Development Corporation

Maharashtra Industrial Development Corporation is well equipped with top-notch social and retail infrastructure. For education, some of the reputed schools in the area include Shri Ghanshamdas Podhar Vidyalay and Shri Kalgidar Mission High School. Students can also avail quality higher education at colleges like Shri Chinai College of Commerce & Economics and Institute of Indian Culture. Residents can access top-grade healthcare at hospitals such as SevenHills Hospital and Holy Spirit Hospital. They can also satisfaction of daily needs at malls such as Phoenix Palladium, RCity, Kohinoor Square which houses outlets of major brands along with retail shops and supermarkets like Star Market, BonBon Supermarket. This ensures residents enjoy a high standard of living. Adequate social infrastructure with police stations like Amboli and Vakola as well as active fire stations like Andheri East provide safety and security to the residents.

Real Estate Market Trends and Rental Demand in Maharashtra Industrial Development Corporation

The excellent social and physical infrastructure coupled with a thriving retail sector have led to high demand for both residential and commercial properties in Maharashtra Industrial Development Corporation over the past few years. This is evident from the current Maharashtra Industrial Development Corporation property rates which are in the range of Rs. 13,559-Rs. 24,011 per sq.ft. Rental yields are also lucrative for landlords with 1BHK flats fetching rents of Rs. 32,000-Rs. 50,000 per month and 2BHK between Rs. 45,000-Rs. 75,000. This steady appreciation and demand is expected to continue due to sustained growth in the locality's connectivity, education, healthcare and job sectors. The rental demand from working professionals and students also remains robust.

Top Employment Hubs near Maharashtra Industrial Development Corporation

The area around Maharashtra Industrial Development Corporation in Andheri East is a thriving employment hub, home to numerous corporate offices and businesses. Some of the top employment hubs near Maharashtra Industrial Development Corporation include:

• Leela Business Park - 2km
• Pinnacle Business Park - 350m
• Raiaskaran Tech Park - 4km
• Mirchandani Business Park - 3.7km
• Neelkanth Corporate IT Park - 8km

Famous Sub-Localities / Colonies / Areas near Maharashtra Industrial Development Corporation

Within the 10-12 km radius of Maharashtra Industrial Development Corporation, some of the famous sub-localities, colonies, and areas are:

• Vikhroli, Mumbai
• Andheri East, Mumbai
• Ghatkopar West, Mumbai
• Jogeshwari West, Mumbai
• Vile Parle West, Mumbai

Things to do in Maharashtra Industrial Development Corporation

• Visit the nearby Juhu Beach and Versova Beach for a relaxing day by the sea.
• Explore the vibrant street markets and shopping destinations like Linking Road and Hill Road in Bandra.
• Indulge in the diverse culinary offerings at the numerous restaurants and eateries in Andheri and Bandra.
• Check out the various shopping malls and multiplexes in the area for shopping and entertainment.
• Visit the famous Siddhivinayak Temple in Prabhadevi for religious and cultural experiences.
• Enjoy the lush greenery and peaceful surroundings at the Sanjay Gandhi National Park in Borivali.

What’s Good aboutMaharashtra Industrial Development Corporation?

• Excellent social and physical infrastructure
• Close proximity to Mumbai airport and business hubs
• Established retail markets and fine dining options
• Access to top schools, colleges and hospitals
• Well-connected via Metro and major roads

What’s not Good about Maharashtra Industrial Development Corporation?

• Reducing traffic congestion on smaller roads
• Strengthening waste management systems
• More open and green spaces
• Better upkeep of some older residential areas
• Additional last-mile mobility options for residents