Prabhadevi, Mumbai

Nestled in the heart of Mumbai, Prabhadevi is a small yet bustling and vibrant locality. This locality has Dadar to its North, Worli to its South, and the Arabian Sea to its West. Prabhadevi PIN code is 400025. The proximity to the sea ensures that the residents can enjoy a leisurely walk on the seashores and relish picturesque views. It connects to the Bandra region through the Bandra-Worli Sea Link. This locality is stretched over 1.33 km and sees intense monsoon.

The traces of development of Prabhadevi lies in the British era. As Mumbai was a trade centre during their rule, Prabhadevi also underwent significant development in the colonial era. Before British rule, some indigenous communities like Koli Fisherfolk were residing in this locality. The area has derived its name from Prabhadevi Temple, which is approximately 300 years old. It has now become an upscale residential area with high-rise buildings and newly built apartments.

Prabhadevi has a vibrant culture, enjoying a mix of cultures residing here, including Marathis, Parsis, and South Indians. The folks who reside in this locality celebrate all festivals with equal joy. Its cultural diversity contributes to the rising population here.

Physical Infrastructure

Prabhadevi has an alluring infrastructure that promises a smooth life to its residents. It boasts excellent road, railways, and metro connectivity that makes it a hotspot for commuters or the working class. This locality is well connected by roads to all the major parts of Mumbai, according to Prabhadevi Map. It is situated along Dr. Annie Besant Road, which further connects easily with the Worli sea link. Dadar, one of the most prominent transportation hubs, is also just a stone’s throw away.

National Highways 48 and 66 connect Prabhadevi to the other parts of the city. The residents of Prabhadevi Mumbai, will benefit from the completion of Metro Line 3 as it will connect Prabhadevi to other areas.

This locality is well-connected through Mumbai’s suburban railway network. Prabhadevi Railways Station was formerly known as Elphinstone Road Station.This railway station helps in the daily commute of a large number of people.

Social and Retail Infrastructure

Prabhadevi Infrastructure provides a positive outlook for real estate investors. This locality is home to many international educational institutions and medical care facilities. To cater to the retail needs of the folks, it also has many famous malls, retail outlets, and local markets. Convent Girls High School, Tots ‘n’ Tales, and Ryan Global School provide bright prospects for education to the pupils. A.C Patil College of Engineering, and Govt. Technical High School and Junior College are a gateway to higher education. Some prominent hospitals like Siddhivinayak Healthcare Private Ltd., Sridhar Hospital, and Family Care Hospital are the best medical service providers.

Prabhadevi is a perfect location that has many malls to cater to the rising retail requirements of people. Atria Mall, High Street Phoenix, Palladium Mall, and R.City Mall are some of the famous shopping centers here.

Real Estate Market Trends and Rental Demand

Prabha Devi is a posh residential area that is home to many famous film stars. It offers multiple high-rise apartments and independent houses. Prabhadevi Property Rates have seen an increase over the years, to the tune of a 2.54% increase Y-o-Y. The average price of property per square foot in Prabhadevi is approximately 4,1199 INR. 

Rental rates are also increasing because this locality has seen a boom in its real estate demand. Prabhadevi Property Price has shown an upward trend in its demand. Different apartments and independent floors are available for rent in this posh area. The properties for rental accommodation are available within the price range of 19000 INR to 4,00000 INR. The average rent in this location is approximately 1 Lakh. The price of properties in Prabhadevi starts from 45 lakh for buyers. Primarily a top-notch residential area, it is transforming into a commercial hub also.

Top Employment Hub in or Nearby Prabhadevi

Being strategically located in the heart of Mumbai, it has emerged as one of the prominent commercial hubs that cater to the employment needs of the folks. Top employment hub near Prabhadevi within a 5 km radius near Prabhadevi are as follows:

1. Orbit Plaza (700 m)
2. Krishna Udyog Bhavan (650 m)
3. Kawli Building (2 km)
4. Narman Midtown (1.6 km)
5. Wadia International Centre (1.5 km)

Prabhadevi Sub Localities

Prabhadevi is a posh residential area that boasts many sub-localities and colonies. Some of them are mentioned below:

1. Old Prabhadevi Road
2. Hatiskar Wadi
3. RBI Colony
4. New Prabhadevi Road

Top 5 Things to Do in Prabhadevi

Prabhadevi is one of the posh areas that offers a convenient lifestyle to its folks. You can live a luxurious lifestyle here by paying a visit to different destinations. Some popular landmarks in Prabhadevi are given below:

Pay a Visit to Siddhivinayak Temple

Siddhivinayak temple is one of the most important landmarks to visit. Every day, lakhs of devotees visit this temple. Visiting this temple will fill an aura of positivity around you. You will soak in a spiritual atmosphere and pay your respects.

Head Out to Local Markets

Prabhadevi is an appealing residential destination, offering a plethora of activities to do. You can explore various local markets and shops to choose diverse items such as clothing, jewellery, and other less-costly as well as expensive items.

Go to Shivaji Park

Visiting parks with kids is an amazing experience. Explore Shivaji Park, and you will find it the best for taking a leisurely walk, relaxing, or enjoying some outdoor recreational activities. 

Grab an Enrich Dining Experience

If you love local street food and authentic Maharashtrian Cuisine, Prabhadevi offers plenty of dining options. Street food stalls and authentic cuisines will woo your heart.

Local Cultural Events

Prabhadevi offers diverse cultural activities to engage in. Keep your eyes open for getting an update on local festivals, art exhibitions, and other cultural events. 

Conclusion

Prabhadevi is a unique upscale residential locality that has attracted the attention of builders for its promising real estate future. Many corporate and business hubs are near this locality. The proximity of railway stations and international airports makes it one of the most appealing destinations to invest in properties. Being a top-notch location to reside in, this area is luring the attention of many big real estate giants. It is also developing into a commercial hub. Investing in real estate properties here is the most prudent decision one can make.

What are The Good Things About Prabhadevi?

• Sea-facing premium locality
• Best schools, colleges, malls, and supermarkets
• Home to various celebrities
• Connectivity to the other areas
• Peaceful location

What is not so Good About Prabhadevi?

• Issues related to water supply, drainage
• Crowded public transport
• Traffic congestion
• Noise pollution
• Limited parking facilities