Narayan Pujari Nagar, Worli, Mumbai

Located in suburban Mumbai, Narayan Pujari Nagar is a residential locality situated in the north-eastern part of Mumbai. Narayan Pujari Nagar PIN code is 400018 and is well connected to other areas in Mumbai like Worli, Lower Parel and Mahalakshmi. This locality is nestled between the Bandra-Worli Sea Link and LBS Marg.

Narayan Pujari Nagar, Mumbai is primarily a residential area where middle-income groups dwell. Being in the suburbs of Mumbai, people here enjoy a relaxed lifestyle away from the hustle and bustle of the city. The locality has a mixed culture with people from different parts of India co-existing harmoniously. Families and young professionals constitute most of the population who prefer an affordable yet convenient location. Residents have access to amenities like schools, parks, temples and shops providing a stimulating social and cultural environment.

Physical Infrastructure of Narayan Pujari Nagar

Narayan Pujari Nagar is well-connected via various modes of transportation. The JVLR (Jogeshwari-Vikhroli Link Road) and LBS Marg are some of the major roads passing through the area. It is located right next to the Bandra-Worli Sea Link providing swift access to different parts of the city. The R-City Bus Depot near Ghatkopar metro station operates bus routes throughout Mumbai. Residents will also benefit from the ongoing Mumbai Metro Line 2A project which plans to set up a metro station in Ghatkopar. The locality is situated right off the Love Grove Highway. Overall, the locality has a well-established transportation and infrastructure network.

Social and Retail Infrastructure of Narayan Pujari Nagar

Narayan Pujari Nagar is well-equipped with social infrastructure and amenities. Some of the notable schools in the area include Podar International School, Sunrise Play School and Pragati School providing education from kindergarten to higher secondary. For higher education, residents have ABA College of Law, DY Patil International School and Government Technical High School & Jr. College Dadar within close proximity. Worli Hospital For Women, Podar Hospital and ESIC hospital are two of the multispecialty hospitals catering to healthcare needs. For security, there is a police station near Azad Nagar metro station. Other amenities like HDFC and Axis Bank branches, medical clinics and a fire station in the vicinity cater to daily needs of residents. 

A growing retail culture is observed with Big Bazaar and Reliance Fresh supermarkets for daily needs and Star Entertainment for entertainment. Reliance SMART Bazaar near Ghatkopar station is a popular hangout zone offering restaurants, shops and movie theatre. The emergence of commercial spaces and community parks have enriched the lifestyle of residents, making Narayan Pujari Nagar a self-sufficient residential hub.

Real Estate Market Trends and Rental Demand in Narayan Pujari Nagar

The property rates in Narayan Pujari Nagar range between Rs. 15,000-27,000 per square feet for both residential plots and apartments. This rate bracket provides home buyers with options at competitive price points relative to other localities in Mumbai. The key configurations available are residential plots, 1BHK and 2BHK apartments. Plots and apartments in the higher end of the rate bracket, closer to Rs. 16,666 per sq.ft, tend to be larger sizes and located on the main roads with better amenities in proximity. Rates in the Rs. 45,000-1,60,000 range for basic configurations. For investors, the average expected rental yield on current market prices is around 1.5-2% per annum. This steady rental demand is driven by tenants seeking affordable housing solutions with improving social infrastructure like schools, hospitals and connectivity in the area. On the whole, the price structures make Narayan Pujari Nagar an attractive residential location.

Top Employment Hubs Nearby Narayan Pujari Nagar

Being in the vicinity of Mumbai, there are numerous major employment hubs located near Narayan Pujari Nagar. Some of the top employment hubs near Narayan Pujari Nagar include:

• Regus Business Centre - 600m
• Urmi Estate - 5.7km
• Peninsula Business Park - 5.4km
• The Empire Business Centre - 4.7km
• Lodha Excelus - 5.6km

Famous Sub-Localities Near Narayan Pujari Nagar

Being a fairly large residential locality, Narayan Pujari Nagar can be further divided into sub-areas and colonies. Some of the most popular landmarks in Narayan Pujari Nagar include:

• Worli
• Lower Parel
• Mahalakshmi
• Prabhadevi
• Parel

Top Things to Do in Narayan Pujari Nagar

If you are looking for top landmarks and activities near the Narayan Pujari Nagar locality, look no further. Just 10-12 km from the locality. Some of the top things to do in Narayan Pujari Nagar include:

Haji Ali Dargah: 

One of the most recognized structures in Mumbai, this Islamic shrine located in the middle of the sea is accessible by a narrow walkway during low tide. Offer your prayers and admire the peaceful surroundings.

Mahalakshmi Race Course: 

Mumbai's iconic horse racing venue. Catch the thrilling races over the weekend and experience the lively atmosphere in the stands. Don't forget to check out the adjacent Jacaranda Garden.

Shree Siddhivinayak Temple: 

Dedicated to Lord Ganesha, this is one of the most popular temples in the city. Get blessings at the temple and admire the intricately carved architecture.

Worli Fort: 

A historic fort constructed under the British regime offering scenic views of Mumbai. Ideal for a morning or evening walk along the coastline. You can also see vintage cannons and remnants of the fort walls.

Shri Walkeshwar Temple:

Located in Malabar Hill, this centuries-old temple is an important pilgrimage site. Known for its beautiful structure and peaceful ambiance, you can seek blessings at this iconic temple.

Conclusion

Narayan Pujari Nagar offers a balanced residential proposition for homebuyers. The key positives of the locality include -

• Established social and physical infrastructure
• Connectivity to major employment hubs
• Mix of affordable and luxury housing options
• Upcoming metro corridor for better mobility
• Peaceful community living despite being in a bustling city

While the locality has grown leaps and bounds, a few aspects could use improvement like -

Congestion remains a concern on the main roads during peak hours. The availability of open spaces could be augmented with more parks and playgrounds. Focus on improving civic services like regular garbage collection and supply of water are other areas to strengthen quality of living. Nevertheless, ongoing infrastructure developments are expected to address current challenges making Narayan Pujari Nagar an attractive locality.