Malabar Hill Mumbai

Malabar Hill is a suburb in South Mumbai. It is known for its stunning views of the Arabian Sea and is situated on mountainous terrain near the city's southernmost point. Malabar Hill PIN Code is 400006. Other well-known neighborhoods, such as Walkeshwar, Girgaon, Marine Drive, and Cumballa Hill, surround this affluent neighborhood. One of the most sought-after residential districts in Mumbai due to its appeal and closeness to the Arabian Sea and beautiful vegetation.

Malabar Hill has a long history that dates back to the colonial period when the British upper class favored the area for constructing their homes. With time, the area became sought-after by Mumbai's influential and affluent citizens. The pirates traveling to Kerala's coastline from the Malabar Coast gave Malabar Hill its name years ago. The region became more exclusive by constructing high-rise residences and opulent bungalows. The area has seen tremendous urban and infrastructure development, transforming it into a contemporary and well-connected region.

Some of Mumbai's wealthiest and most powerful people live at Malabar Hill. Top executives, politicians, entertainers, and business moguls comprise most of the population. Malabar Hill residents enjoy an extravagant lifestyle emphasizing seclusion, lavish living, and high-end facilities. Beautiful parks, affluent retail areas, and private clubs make the neighborhood a luxurious place to live.

Physical Infrastructure in Malabar Hill

Marine Drive, a well-known coastal route that offers quick access to South Mumbai, is nearby. Considering the Malabar Hill map, the nearest railway station is Grant Road, Mumbai Central, and Marine Lines, well connected to South Mumbai. Future metro lines may come closer to Malabar Hill as part of the Mumbai Metro project's ongoing expansion, giving locals more alternatives for public transportation. The road that runs through the center of this suburb, Malabar Hill, provides excellent access to various areas of the city. Malabar Hill's bus depot is located in Walkeshwar. However, bus stations are scattered across the area with good access to all parts of Mumbai.

Social and Retail Infrastructure in Malabar Hill

Prestigious educational facilities that serve the requirements of locals include the St. Xaviers High School, Mana Mandir high school, and Gopi Birla Memorial School. Also, Everest College, Cambridge College, and Sophia College are famous colleges in this area and significantly contribute to Malabar Hill infrastructure. Excellent healthcare facilities, with renowned institutions like St. Elizabeth's Hospital and Khimji Jeeva Sanitorium, offer first-rate medical treatment. Malabar Hill does not particularly have any malls inside the area. However, Chandralok Shopping Center and Heera Panna Mall are accessible. 

Real Estate Market Trends and Rental Demand in Malabar Hill

Malabar Hill one-bedroom properties typically cost Rs 1 crore and Rs 4.51 crore. The Malabar Hill property price is between Rs. 2.5 crore and Rs. 13.5 crore. 3 BHK apartments make up 44% of the rental stock. Malabar Hill's rental spaces typically range from Rs. 45,000 to Rs. 5.5 Lac. Flat/apartment prices in Malabar Hill, Mumbai South, have increased by 9.6% over the past year, 2.9% over the past three years, 0.9% over the past five years, and 2.0% over the past ten years. Due to the area's exclusivity and strong demand, purchasers may invest in houses with the potential for substantial profits. Luxury living is in high demand here, and renters are ready to pay a premium. Due to the scarcity of land in Malabar Hill and the great demand from wealthy purchasers looking for a high-end lifestyle, Malabar Hill property rates have steadily risen. 

Top employment hub in Malabar Hill or nearby 

Malabar Hill is recognized for its upmarket residential appeal, although it is far from many Mumbai IT industry parks. For nearby IT experts looking for work, these parks provide good chances. Some well-known employment hubs near Malabar Hill are

• White Hall- 1.5km
• Peninsula Corporate Park-7km
• Market City Resources Private Limited-5.6km

These are some of the Popular landmarks in Malabar Hill that help residents live a prominent lifestyle.

What are some popular Sub-localities / Colonies / Areas in Malabar Hill? 

Being one of Mumbai's wealthiest neighborhoods, Malabar Hill is home to several famous sub-localities and colonies, each with its distinct charm and attraction. Malabar Hill's most well-known enclaves include:

1. Walkeshwar
2. Altamount Road
3. Nepean Sea Road
4. Banganga
5. Little Gibbs Road
6. Carmichael Road
7. Teen Batti
8. Mittal Dariya Mahal
9. Tahnee Heights
10. Runwal The Residence

Malabar Hill's sub-localities combine to add to the area's appeal and celebrity inhabitants' desire for it.

Things to do in Malabar Hill

Mumbai's affluent Malabar Hill area provides locals and tourists with various recreational opportunities. Here are some of the best activities in the area:

• Visit famous sites with spectacular views of the city and the Arabian Sea, such as Banganga Tank, Walkeshwar Temple, and Hanging Gardens.
• Enjoy designer outlets and boutique shopping on Kemps Corner and Altamount Road streets. Alternatively, upscale shopping is available at adjacent malls such as High Street Phoenix and Palladium.
• To appreciate India's rich cultural legacy, visit museums and art galleries like the Chhatrapati Shivaji Maharaj Vastu Sangrahalaya and Jehangir Art Gallery.
• Take a break in the charming Hanging Gardens or the close-by Kamala Nehru Park, which are great for picnics and relaxation.
• Famous places of worship, including the Banganga Temple, Walkeshwar Temple, and Babulnath Temple, noted for their stunning architecture and historical importance, are excellent locations to find spiritual comfort.
• Girgaum Chowpatty is just under three kilometers from Malabar Hill. Head there through Marine Drive and take the scenic route.
• Visit the Mani Bhavan Gandhi Museum, a modest structure on Laburnum Road, if you enjoy history.

Malabar Hill is a popular location for both residents and visitors since it provides a variety of cultural, recreational, and gastronomic activities.

Conclusion 

What's Good about Malabar Hill:

Malabar Hill is a wealthy and prominent neighborhood in Mumbai that provides its inhabitants with an opulent lifestyle and several benefits. The following are some positive qualities of this area:

• Affluent and exclusive neighborhood with beautiful views of the Arabian Sea.
• Well-designed, lush surroundings provide a tranquil setting for life.
• Closeness to premier medical centers, academic institutions, and shopping districts.
• A rich cultural history with ancient sites and sacred buildings.
• Easy access to local business and entertainment centers enables a balanced lifestyle.

What's not Great about Malabar Hill:

Malabar Hill has a lot going for it. However, some things might be better:

• Excessive real estate costs prevent many would-be homeowners from becoming homeowners.
• A need for more public leisure sites and open spaces.
• Peak-period traffic jams make commuting difficult.
• There are fewer public transit alternatives here than in other parts of the city.
• Because the area is so heavily populated, parking availability may be an issue.