Mhatre Wadi, Borivali West, Mumbai

Mhatre Wadi is a residential area in the Borivali West area of Mumbai. Mhatre Wadi's PIN code is 400092. Situated just off the main BN Road, it is very close to the famous localities of Dahisar West, Kandivali West, and Borivali East. Mhatre Wadi offers convenient access to many amenities due to its proximity to these localities. It is also near Borivali Railway station, providing residents easy access to public transport across Mumbai.

Mhatre Wadi has developed into a neighbourhood primarily inhabited by middle-income families and professionals. Its proximity to Mumbai has made it convenient for people working there. Residents enjoy a comfortable suburban lifestyle, with many families growing up in the area. The culture of Mhatre Wadi is traditional yet cosmopolitan. It has a tight-knit community feel with local amenities and is a popular vegetarian and non-vegetarian cuisine spot. People from different religious and linguistic backgrounds coexist harmoniously, making it a culturally vibrant location.

Physical Infrastructure of Mhatre Wadi

Mhatre Wadi has an excellent physical infrastructure with several amenities. It is well-connected via significant roads like S.V. Road via Western Express Highway, boosting Mhatre Wadi's infrastructure. The Mumbai Metro line runs through Borivali station, providing easy access to south Mumbai and the airport. Metro Station Don Bosco is the nearest metro station to the area, just 1.9 km away. Several BEST and private buses ply regular routes from Mhatre Wadi. There is a fire station and a police outpost located within 1 km to ensure safety. Important banks like SBI, HDFC and ICICI have branches in the nearby localities for residents' convenience. 

Social and retail Infrastructure of Mhatre Wadi

Mhatre Wadi is well-equipped with social infrastructure. Some prominent schools in the area include Star Kids Kingdom, Sanjivani School, and Zilla Parishad Primary School, which provide education from primary to higher secondary levels. Doshi Children Hospital and Aayush Physiotherapy And Rehabilitation Centre are nearby options for healthcare, according to the Mhatre Wadi map. The Tahir Plaza shopping center and Big Bazaar satisfy daily shopping needs. Western suburbs' largest mall, In Orbit is also very close for recreational activities. Several restaurants, fast food joints and street food vendors make Mhatre Wadi a vibrant social hub.

Real Estate Market Trends in Mhatre Wadi

Mhatre Wadi property prices has been growing steadily over the past decade. Property rates have appreciated significantly compared to the past. The average price for a 1BHK apartment now ranges between ₹15,714 - ₹37,000 per sq. ft. owing to improved social and retail infrastructure as well as connectivity options. This has translated into a notable increase in rental yields for landlords too. Tenants are willing to pay Mhatre Wadi property rates of ₹ ₹30,000 - ₹45,300 per month for comparable apartments. Developers are launching new projects to meet the rising demand from homebuyers and investors. With continued improvements planned in the area, real estate analysts expect the property appreciation and rental demand to remain robust.

Top Employment Hubs Nearby Mhatre Wadi

Being situated in the western suburbs, Mhatre Wadi residents have access to some key employment hubs in and around Mumbai. Its proximity to these major hubs has boosted Mhatre Wadi's property demand. Some of the top employment hubs in Mhatre Wadi are- 

• The Orion Business Park- 1 Km 
• Orchid Plaza- 1 Km 
• Techno Park - The Wadhwa Group- 3 Km 
• Mhatre Park- 4.3 Km 
• Rajgir Park- 1.7 Km 

Famous Sub-Localities in Mhatre Wadi

Within the large locality of Mhatre Wadi, some distinct sub-colonies have come up over the years. These unique pockets within Mhatre Wadi bring their own characteristics and identities. These popular landmarks in Mhatre Wadi include:

• Bhatt Chawl 
• Gautam Nagar 
• Datta Park 
• Meghdoot 
• Gyan Nagar

Top Things to Do in Mhatre Wadi

Mhatre Wadi offers nice leisure options for residents to enjoy in their free time. The area houses some popular landmarks that are well-visited by locals. Some of the top things to do in Mhatre Wadi are- 

• Anthropic Park located right in the heart of Mhatre Wadi is a lush green space spread over 6 acres. It is frequented by morning and evening walkers as well as those looking to relax. 
• Shri Sai Baba Mandir near Ganesh Wadi is an iconic temple visited by devotees from all over Borivali. Families often visit Banganga Talav - a small picturesque lake - for its bright ambience. 
• Mangal Murti Chowk is another vibrant node where people converge for street food and interactions in the evenings and weekends. Kamala Cinema is a beloved single-screen theatre where many catch the latest movie releases. 
• Besides, the upcoming Infinity Mall and Trident Park near D Mart provide entertainment options under one roof including movies, games, restaurants and much more. 

These landmarks lend Mhatre Wadi its unique identity and make it an enjoyable place to live in.

Conclusion

Mhatre Wadi has transformed into a well-developed residential and commercial area over the past decades. With ongoing improvements to physical, social and retail infrastructure, it promises to become an even more vibrant location for both home buyers and tenants. Its strategic location and proximity to key hubs makes it an attractive real estate investment destination in the western suburbs of Mumbai.

What is Good About Locality within 10-12 km

• Situated in Borivali West, Mhatre Wadi benefits from the overall development in the larger region.
• Proximity to major roads like Western Express Highway and S V Road ensures smooth connectivity.
• Established social infrastructure like hospitals, schools and malls within easy reach.
• Upcoming metro connectivity and infrastructure projects will boost real estate prospects.
• Wide range of property options from affordable to luxury available.

What’s Not Great About Locality within 10-12 km

• Traffic congestion on internal roads requires management.
• Availability of open and green spaces needs augmentation.
• Flooding issues in low-lying areas during monsoon.
• Stray animal menace tends to rise.
• Consistent supply of water and electricity requires strengthening during summer months.