Mazgaon Mumbai

Located in the southern part of Mumbai City, Mazgaon is an affordable residential locality which is well-connected to central Mumbai and nearby areas like Dongri, Mandvi and Sandhurst Road. The Mazgaon PIN Code is 400010. With proximity to business hubs and entertainment districts, Mazgaon offers housing options like independent houses, builder floors and affordable apartments. Its location makes it a suitable option for nuclear families and working professionals looking for homes close to amenities. 

Mazgaon is a diverse locality with people from various social and economic backgrounds choosing to live here. It is mainly inhabited by working professionals, nuclear families and students as the cost of living is reasonable. Residents here enjoy a relaxed lifestyle yet close to the bustle of Mumbai city. The culture of this area is influenced by all religious communities living harmoniously. Festival celebrations and community events are part of the vibrant social fabric of Mazgaon.

Physical Infrastructure of Mazgaon

Mazgaon is well-connected to different parts of Mumbai via major transportation routes. The Eastern Freeway and Eastern Express Highway provide swift access to Eastern Suburbs and Central Mumbai. Dockyard Road railway station and Sandhurst Road railway station serve the locality well with local train services. Wadi Bunder CST station, Churchgate and Masjid railway stations are in close proximity for white-collar jobs in Fort. Residents can also use roads like DN Road and Dadabhai Naoroji Road to head southwards via Reay Road. 

Social and Retail Infrastructure of Mazgaon

Mazgaon offers excellent social infrastructure to support resident needs. Some prominent educational institutions in the area include Orchids The International School, Sadhvi Savitribai Phule Upper Primary School and Gilder Lane Municipal School. For higher education, nearby colleges like Hinduja College of Commerce and Babasaheb Gawde Institute of Management Studies are popular options. Healthcare is well-taken care of with proximity to reputed hospitals such as JJ Hospital, Masina Heart Institute, Bhatia Hospital and Sir HN Reliance Foundation Hospital. Residents can shop at major malls in the vicinity including Heera Panna, High Street Phoenix and Palladium for their daily and special needs. Overall, Mazgaon presents a well-developed social and retail framework.

Real Estate Market Trends and Rental Demand in Mazgaon

Benefiting from its affordable housing options and connectivity to Mumbai city, Mazgaon has seen consistent growth in its real estate market over the past decade. Property rates are quite competitive in the range of ₹5,000-41,000 per sq ft for independent houses and townships. Compared to other prime localities, prices are at least 20-30% lower making Mazgaon attractive for homebuyers. Rental yields are healthy at around 8-10% for tenants and landlords both due to reliable demand from working professionals and students. Proximity to social and retail infrastructure as well as robust transportation links have cemented Mazgaon's appeal as a residential investment destination. This upward trend is expected to continue in the future.

Top Employment Hubs nearby Mazgaon

Mazgaon is strategically located providing its residents with access to some of Mumbai's major commercial and industrial hubs. Some of the top employment hubs near Mazgaon include:

• Shubham Business Center, Marine Lines - 5km
• Ballard Estate, Fort - 3km
• Lodha Excelus, Worli - 4.9km
• Aqua Business Centre, Marine Lines - 5.3km
• The South Bay, Malabar Hill - 5.7km

Famous Localities near Mazgaon

Being a sprawling area, Mazgaon comprises several sub-localities that offer distinct residential options. Some of the famous sub-localities around Mazgaon within 10-12 km are:

• Mandvi
• Byculla
• Marine Lines
• Girgaon
• Grant Road

Top Things to Do in Mazgaon

Being situated in the heart of Mumbai City, Mazgaon and its surrounding areas offer plenty of sightseeing, recreational and leisure activities for locals as well as visitors. Some of the top things to do in Mazgaon within 10-12 km include.

Shree Mumbadevi Temple: 

Dedicated to Mumba Devi, the patron goddess of Mumbai city. It is located in Bhuleshwar and dates back to the 12th century. The temple sees thousands of devotees daily.

Wankhede Stadium: 

Considered the Mecca of Indian cricket, this stadium has hosted many international cricket matches and tournaments. It is home to the Mumbai cricket team. Visitors can catch domestic and IPL cricket games here.

Gateway of India: 

Built in 1924, this iconic arch on the Mumbai waterfront serves as the entrance to the city. It is a top landmark symbolizing Mumbai's rich heritage. Enjoy scenic views of the Arabian Sea here.

Haji Ali Dargah: 

Located on an islet off the coast of Worli, this Islamic shrine is accessible via a narrow walkway from the shore. It is a major pilgrimage site housing the tomb of the Muslim saint Pir Haji Ali Shah Bukhari. The peaceful surroundings offer good photo stops.

Conclusion

Locality within 10-12 km of Mazgaon has some advantages as well as room for improvement. The area within this range is centrally located and provides residents with easy access to crucial amenities within short travel times.

What is Good About locality within 10-12 km:

• Schools, hospitals, grocery stores and restaurants are easily accessible
• Public transport like buses and local trains are conveniently located
• Parks and other recreational spaces are present within the vicinity
• Property prices are relatively affordable for Mumbai standards
• Infrastructure for roads, water and electricity is well-developed

What’s not Great About locality within 10-12 km:

• Heavy traffic congestion during peak hours causes delays
• Lack of proper waste management leads to cleanliness issues
• Occasional water shortages and power outages are faced
• Scarcity of open and green spaces within some parts
• Rising pollution levels due to growing vehicular traffic
• Inadequate parking facilities near commercial areas

This provides potential home buyers with a balanced view of the advantages as well as aspects requiring further improvement for a locality within 10-12 km of Mazgaon, Mumbai.