Nagri Niwara Cooperative Housing Society, Goregaon East, Mumbai

Nagri Niwara Cooperative Housing Society is located in Goregaon East area of Mumbai, Maharashtra. Nagri Niwara Cooperative Housing Society PIN code is 400065. Situated close to popular localities like Malad West, Kandivali West and Borivali West, this housing society provides easy access to various amenities. Being near the busy Mumbai-Ahmedabad highway, it is well connected to different parts of the city.

Nagri Niwara Cooperative Housing Society, Mumbai is primarily inhabited by upper middle class families working in nearby commercial areas. People here enjoy a quiet lifestyle away from the bustle of Mumbai city. Residents largely consist of Hindus with a few Muslim families as well. The culture is conservative yet cosmopolitan. People in this close-knit community organise festivals and social events together, helping foster bonding among residents. It offers a peaceful residential enclave for nuclear families.

Physical Infrastructure of Nagri Niwara Cooperative Housing Society

Nagri Niwara Housing Society is well-connected via transportation. The nearest railway stations offering public transit are Goregaon and Ram Mandir railway stations which are within 3-4 kms. Residents can easily access the Western Express Highway that passes close by. The infrastructure is further bolstered by the recently constructed Goregaon Metro Station, as part of Mumbai Metro One, which is within 1 km from the society. This provides swift connectivity to various parts of the city. Students and working professionals can readily commute to their educational institutes and workplaces. Overall, the physical connectivity infrastructure is quite robust.

Social and Retail Infrastructure of Nagri Niwara Cooperative Housing Society

The society provides its residents with various options for their social needs. Some prominent schools in the vicinity include Oberoi International School, Ryan International School and St Thomas High School. For higher education, Bombay Veterinary College, Ryan College of Engineering & Management and Patkar Varde College are in close proximity. Medical needs are well-served by Radha Krishna Hospital, Lifeline Medicare Hospitals and Kapadia Multispeciality Hospital located nearby. Residents can also easily access major shopping and retail destinations such as Oberoi Mall, City Centre Mall and Alankar Shopping Complex for their daily needs. Banks, ATMs, police stations, hospitals and fire stations are also in close vicinity to cater to daily needs. Overall, Nagri Niwara Housing Society residents enjoy excellent social and retail infrastructure support.

Real Estate Market Trends and Rental Demand in Nagri Niwara Cooperative Housing Society

The average property rates in Nagri Niwara Housing Society for a 1 BHK apartment range between ₹55-75 lakh. Over the past 3 years, rates have increased by 10-15% owing to its location and infrastructure. Homebuyers are willing to pay premium rates of Rs.11,310 - Rs.26,831 per square feet due to proximity to amenities, workplaces and transit hubs. Similarly, monthly rents for 2 BHK flats have risen to ₹35,000-90,000 in the last year as demand from working professionals and students stay robust. This has helped homeowners gain higher value from sales and landlords charge higher rents year-on-year. Both the buying and rental trends point towards the increasing favorability and returns this locality offers residents and investors.

Top Employment Hubs Nearby Nagri Niwara Cooperative Housing Society

Given its close proximity to major commercial locations, Nagri Niwara Housing Society provides access to many employment opportunities. Some of the best employment hubs near Nagri Niwara Housing Society are-

• Maharaja Retreat Tower - 2.1km
• Ruby Crescent - 7.1km
• A Business Hub - 4.7km
• The Business World - 4.53km
• Goldline Business Center - 6.2km

Famous Sub-Localities near Nagri Niwara Cooperative Housing Society

Being a large metropolitan area, Mumbai has numerous sub-localities within short distances. Some of the famous landmarks in Nagri Niwara Housing Society are:

• Goregaon East
• Andheri East
• Malad East
• Jogeshwari East
• Powai

Top Things to Do in Nagri Niwara Cooperative Housing Society

Situated in urban Mumbai, residents of Nagri Niwara Housing Society enjoy numerous options to spend their leisure time. Some of the top things to do in Nagri Niwara Housing Society are:

Dadasaheb Phalke Chitranagari: 

A must visit for film enthusiasts, this film city pays tribute to the father of Indian cinema. Fascinating sound studios and film exhibitions.

Mahakali Caves: 

These ancient caves located within a forested area have carvings depicting Hindu gods and artifacts. Believed to be inhabited by Buddhist monks long back.

Jogeshwari Caves: 

A conserved natural rock formation with various caves containing inscriptions in Brahmi script. Thought to be lived in by Buddhist monks centuries ago.

Kanheri Caves: 

Situated deep inside Sanjay Gandhi National Park, these 100+ caves are an architectural marvel to admire. Its artworks showcase the lifestyle of ancient Indians.

Chhota Kashmir Boat Club: 

Located by Vikhroli creek, this is one of Mumbai's boating points. Rent a paddle boat and experience scenes reminiscent of Kashmir valley.

Conclusion

Overall, Nagri Niwara Housing Society offers a convenient location within suburban Mumbai. The community living and infrastructure makes it a preferred residential choice.

Positives:

• Excellent social and retail connectivity
• Robust physical infrastructure and transportation links
• Proximity to employment hubs and landmarks
• Established social life and culture in the locality
• Appreciating capital values and rental returns

Aspects for Improvement:

While the housing society and immediate locale have comprehensive facilities, additional development is needed locally:

• Limited open or green spaces within the community
• Scope for more educational and healthcare institutions
• Scope to enhance cultural and entertainment venues
• Reduced floor space index could address density concerns
• Better flood management during monsoons

On the whole, it offers an appealing proposition for both home-buyers and investors.