Peddar Road Mumbai

Peddar Road, formerly known as Gopalrao Deshmukh Marg, passes through some of the city's wealthiest and most wealthy areas, including Malabar Hill. The region is distinguished by its steep topography, luxuriant vegetation, and beautiful views of the Arabian Sea. The Peddar Road pin code is 400026. It is close to numerous well-known South Mumbai neighborhoods, including Worli, Tardeo, and Kemps Corner, making it a central and well-connected city.

The history of Peddar Road is extensive, going back to colonial times. It was constructed as a road under British control to allow access to the Malabar Hill region, a favorite residential location for the British aristocracy. Peddar Road has become a prestigious neighborhood home to influential corporate leaders, famous people, and figures. The neighborhood has seen tremendous urban expansion and modernization, and luxury apartments, upmarket shops, and affluent services have defined the region.

Affluence is associated with Peddar Road; its inhabitants are often well-off, prosperous business people and famous people. With lavish houses, affluent eating establishments, and upmarket boutique shopping experiences, this area is known for its opulent lifestyle. The neighborhood has a cosmopolitan vibe that reflects Mumbai's rich cultural diversity. It is a melting pot of civilizations where individuals from different origins live peacefully.

Physical Infrastructure in Peddar Road 

Mumbai's Peddar Road infrastructure makes it possible to access convenient transit and necessary services. It benefits from being close to major thoroughfares like the Eastern Freeway, which quickly connects it to other city areas. If you see the Peddar Road map, the road starts from the well-known Kemp's Corner crossroads. It continues past the Mahalaxmi temple and Cumballa Hill to the Haji Ali intersection. At Kemp's Corner, Mumbai's first flyover was constructed to connect Hughes Road and Peddar Road. The Paldi station is 159 meters away and takes three minutes to walk from Peddar Road. Sant Gadge Maharaj Chowk is the light rail stop closest to Peddar Road in Malabar Hill. A 25-minute walk gets you there. 

Social and Retail Infrastructure in Peddar Road 

Peddar Road Mumbai has a vibrant social and retail infrastructure that meets the demands of the area's affluent citizens. It is home to several notable schools, including the city's most coveted international school, Villa Theresa High School, and colleges like Sophia College and Burhani College. Reputable colleges and universities like Sophia College for Women and Grant Medical College are also conveniently located for those seeking higher education. Leading facilities like Jaslok Hospital and Research Centre, renowned for its cutting-edge medical treatment, and Breach Candy Hospital, a reputable healthcare facility in South Mumbai, provide excellent healthcare services to Peddar Road. Atria Mall and Crossroads Mall, two upmarket shopping centers with a broad selection of luxury products and great eating options, are examples of the retail landscape.

Real Estate Market Trends and Rental Demand in Peddar Road 

The average Peddar Road property price is ₹ 53810 per sq ft. Flats for rent in Peddar Road range between ₹56,000 - ₹4.6 Lac per month. The commercial shop with a carpet area of 550 sq ft can be rented at Rs 1.5 Lac per month. High property prices have made Peddar Road historically one of Mumbai's most desirable areas for real estate, and they still do today. Due to the area's popularity, superior connections, and luxury offerings, Peddar Road property rates have consistently increased for purchasers. Due to this demand, properties gain value over time, which benefits sellers. At the same time, there is a strong demand for rentals fueled by professionals and foreigners looking for upmarket housing. The flood of newcomers from all backgrounds helps to support the robust rental market. The growth of the local infrastructure, schools, and healthcare institutions further increases the need for rentals. Due to its premium reputation, close access to essential facilities, and aspirational lifestyle, Peddar Road has seen a surge in property values and rental demand, making it a desirable place to live and invest.

Top Employment Hub in or near Peddar Road 

Peddar Road in Mumbai is near several major employment centers, making it the perfect place for business and IT professionals to live. Top employment hubs near Peddar Road are

1. Bandra-Kurla Complex (BKC) - 7 km
2. White Hall- 1.3 km
3. Bussa industrial estate- 5.9 km
4. Worli Sea Face - 6 km
5. Peninsula Corporate Park - 4.6 km

Since these popular landmarks in Peddar Road are so near, it makes for an easy commute for professionals, making it a popular place to live.

What are some popular Sub-Localities / Colonies / Areas in Peddar Road? 

The prominent sub-localities and colonies surrounding Peddar Road, located in wealthy South Mumbai, have charm and personality. Some of the more well-known ones are listed below:

• Malabar Hill
• Breach Candy
• Altamount Road
• Kemps Corner
• Cumballa Hill
• Haji Ali
• Walkeshwar
• Pedder Road (extension)

Several sub-localities work together within the more excellent Peddar Road locality to form a lively and varied community.

Things to do in Peddar Road 

Mumbai's Peddar Road and its surroundings provide a wide variety of sights and activities to experience. Here are some of the best things to do in Peddar Road:

• Explore the upscale stores and shopping areas at Kemps Corner and Altamount Road. Look for unusual items at the street markets for a more exciting experience.
• For breathtaking views of Mumbai's skyline, visit famous sites like the Hanging Gardens and Kamala Nehru Park on Malabar Hill.
• Bhelpuri in a paper cone, enjoyed while strolling the Chowpatty Beach sands.
• The markets are lively settings for haggling over spices or trinkets.
• Visit the tranquil Banganga Tank, an old water tank surrounded by temples, or stroll through Priyadarshini Park.
• Pay your respects to the Walkeshwar Temple and Haji Ali Dargah, two prominent religious sites nearby.
• Visit Sri Sri Radha Gopinath temple; this hub of spiritual activity houses more than 140 monks and a burgeoning community of 5,000 people. It was designed after the temples of Vrindavan, which were influenced by Rajasthani architecture. 

Conclusion 

For locals and guests, Peddar Road and its surroundings provide a well-rounded experience combining fine dining, cultural discovery, and luxury shopping.

What’s Good about the Locality:

Mumbai's Peddar Road and the neighborhoods around it provide an abundant and expensive living environment, making it a popular spot for locals to live:

• Educational Institutions: Prestigious neighboring schools and universities provide top-notch instruction.
• Closeness to Notable Landmarks: Locals can easily access famous landmarks, popular commercial areas, and cultural centers.
• Luxurious Lifestyle: Peddar Road is the epitome of luxury with its opulent apartments and first-rate facilities.
• Excellent Connectivity: The area is well-connected to major highways, making commuting easier.
• Medical Facilities: Access to top-notch medical treatment in facilities of the highest caliber.

What's not Great about the Locality:

Even though Peddar Road provides a luxurious way of living, several things may be improved:

• Scarce Affordable Housing Alternatives: The lack of affordable housing alternatives restricts accessibility for a larger populace.
• Noise Pollution: The closeness to busy highways might contribute to noise pollution in certain areas.
• Traffic Jams: Like in many other areas in Mumbai, traffic jams may be challenging to navigate during rush hours.
• Limited Green Spaces: There are few parks and other places to find greenery.
• High Cost of Living: Due to the area's affluent atmosphere, residents and companies may face high costs.