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Santacruz Electronic Export Processing Zone, Andheri East, Mumbai

Pincode: 400096, 400059

Situated in: East Mumbai

3 Flats for Sale in Santacruz Electronic Export Processing Zone

0 Flats for Rent in Santacruz Electronic Export Processing Zone

State: Maharashtra

District: mumbai

Total Area: 0.95 km²

Population: 25192

Population Density: 26594

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About santacruz electronic export processing zone, mumbai

Located in western part of Andheri East, Santacruz Electronic Export Processing Zone is a commercial hub. The Santacruz Electronic Export Processing Zone PIN code is 400096. Situated near popular localities like Jogeshwari East, Vile Parle East and Goregaon East, it is a well-developed area with many businesses. This blog talks about the real estate properties available for sale and rental in Santacruz Electronic Export Processing Zone and the proximity to amenities. 

Santacruz Electronic Export Processing Zone, Mumbai is primarily a commercial hub with many businesses and industries. It is inhabited by working professionals from diverse sectors such as IT, manufacturing, finance etc. People living here enjoy an urban lifestyle with many amenities located nearby. The culture is cosmopolitan with people from different parts of India co-existing harmoniously. As a business centre, it has a vibrant culture with people having busy yet enjoyable lives, balancing work with leisure activities.

Physical Infrastructure of Santacruz Electronic Export Processing Zone

Santacruz Electronic Export Processing Zone is well-connected via various modes of transportation. It has excellent road connectivity to major arterial roads like Western Express Highway, Eastern Express Highway and Santacruz-Chembur Link Road. The nearest metro stations providing connectivity to different parts of Mumbai via SEEPZ are Airport road metro station and Marol naka metro station which are part of the Mumbai metro line. Marol Depot and Majas Depot are the local train stations accessible from this area. Jogeshwari and Andheri railway stations on the Western Railway line give long distance connectivity. 

Social and Retail Infrastructure of Santacruz Electronic Export Processing Zone

The social infrastructure of Santacruz Electronic Export Processing Zone is well-developed to meet daily needs of residents. Some of the reputed schools in the area include Shri Ghanshyamdas Poddar Vidyalaya Rajasthani School, Shri Kalgidhar Mission High School and Paspoli Municipal School. Colleges like Shri Chinai College of Commerce & Economics and Institute of Indian Culture are present nearby. Medical needs are fulfilled by multi-specialty hospitals such as SevenHills Hospital and Holy Spirit Hospital. For entertainment and shopping, malls such as Star Market and BonBon Supermarket in the vicinity offer several retail outlets. Thus, daily necessities are easily accessible for locals.

Real Estate Market Trends and Rental Demand in Santacruz Electronic Export Processing Zone

Being a well-developed commercial hub with excellent social and connectivity infrastructure, the property rates in Santacruz Electronic Export Processing Zone are on the rise. For buyers, residential properties ranging from 1BHK flats starting from ₹60-70 lakhs to 2BHK flats from ₹1.5-2.5 crores are in high demand due to increased job opportunities. Sellers can expect continuous appreciation in capital values. On the rental side, the locality is a hotspot for working professionals and expatriates due to proximity to many offices, IT parks and public amenities. This has led to 1BHK flats fetching rents from ₹20,000-30,000 and 2BHK flats around ₹25,000-32,000 monthly. Tenants are comfortable paying these premium rents for properties in self-sufficient localities with easy access to all daily requirements. Both investors and end-users are thus showing significant interest in this locality.

Top Employment Hubs nearby Santacruz Electronic Export Processing Zone

With excellent connectivity and infrastructure, Santacruz Electronic Export Processing Zone has emerged as a major commercial hub in Mumbai. It is surrounded by several corporate offices, IT parks and industrial units that are key employment centers. Some of the top employment hubs near Santacruz Electronic Export Processing Zone include:

  • Pinnacle Business Park - 2km
  • Leela Business Park - 2.4km
  • Raiaskaran Tech Park - 4km
  • Mirchandani Business Park - 3.7km
  • Powai Supreme Business Park - 5km

Famous Localities near Santacruz Electronic Export Processing Zone

Being a large locality, Santacruz Electronic Export Processing Zone comprises several established sub-areas and residential colonies. Some of the famous sub-localities within 10-12 km of Santacruz Electronic Export Processing Zone are:

  • Andheri East
  • Jogeshwari East
  • Vile Parle East
  • Goregaon East
  • Vile Parle West

Top Things to Do in Santacruz Electronic Export Processing Zone

Located in the western suburbs, Santacruz Electronic Export Processing Zone offers its residents easy access to a wide range of entertainment and leisure activities within short travelling distances. Some of the top things to do in Santacruz Electronic Export Processing Zone are:

Powai Garden: 

Located near Hiranandani Gardens, Powai Garden is a lush green space spread over 30 acres. It is filled with exotic plants and trees making it a tranquil getaway from the city chaos.

Powai Lake: 

A popular spot for boating, the Lake is surrounded by hills on three sides and attracts many visitors throughout the year. One can enjoy scenic views while walking around the 7 km long shoreline.

Jogeshwari Caves: 

Also called Joga Caves, it has numerous prehistoric rock cut caves dating back to 800 BC. The archaeological site provides glimpses of ancient rock art and carvings.

Dadasaheb Phalke Chitranagari: 

Situated near Goregaon, it is one of the largest film studios in Asia. Public can visit to see the film city from inside and catch exhibitions at the media museum on India's film heritage.

Mahakali Caves: 

Located off Andheri Kurla Road, the scenic park surrounds two 7th century rock cut caves that are worship places for Hindu goddess Mahakali. The tranquil ambience makes it a popular weekend outing spot.

Conclusion

What’s Good:

Santacruz Electronic Export Processing Zone is well connected to major locations in Mumbai with nearby places offering good living standards. There are several aspects within 10kms that make this a suitable locality:

  • Proximity to offices, educational institutions and amenities
  • Availability of residential properties for families as well as bachelors
  • Developed social infrastructure including hospitals, shops and markets
  • peaceful and greenery surroundings
  • Easy access to transport facilities like railways stations and bus stops
  • Presence of entertainment options and hangout places

What’s not Good:

While the locality is well-developed on the whole, there are some aspects that need further improvement for enhancing living standards:

  • Traffic and parking issues during peak hours due to high population density
  • Occasional water logging and floods during monsoons
  • Lack of open recreational spaces for children and senior citizens
  • Absence of organized sector jobs driving people away from the area
  • Law and order problems reported in some pockets need better policing
  • Air and noise pollution levels higher than other parts of the city
  • Unplanned development resulting in haphazard streets and congestion

This provides a balanced assessment of the Santacruz Electronic Export Processing Zone locality for real estate buyers/tenants to make an informed decision. The key pros and cons have been covered within the word limit as requested.

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FAQs

What is Santacruz Electronic Export Processing Zone, Mumbai famous for?

Santacruz Electronic Export Processing Zone (SEEPZ) is famous for being a special economic zone dedicated to the electronics sector in Mumbai. It is one of the earliest and largest export processing zones in India. It is home to many electronics and IT companies that manufacture and export products globally. SEEPZ plays a vital role in Mumbai's economy as a major hub for electronics and IT exports.

Is Santacruz Electronic Export Processing Zone, Mumbai a developing area?

Yes, Santacruz Electronic Export Processing Zone, Mumbai can be considered a developing area. It is located in Andheri East and was established in the 1970s primarily as an Export Processing Zone. Over the years, SEEPZ has grown into a thriving commercial area with many multinational companies setting up operations. The city is developing SEEPZ further by investing in infrastructure projects to improve connectivity and amenities. While SEEPZ faces issues like traffic congestion currently, the area holds potential for further growth and development.

What is the pin code of Santacruz Electronic Export Processing Zone, Mumbai?

The pin code of Santacruz Electronic Export Processing Zone, Mumbai is 400096. All addresses located within the SEEPZ area will have the pin code 400096. This pin code covers the localities around SEEPZ Road, Central Road, Krantiveer Salve Marg and Jogeshwari Vikhroli Link Road that constitute the Santacruz Electronic Export Processing Zone.

Which railway station is near Santacruz Electronic Export Processing Zone, Mumbai?

The Jogeshwari and Andheri railway stations are the nearest railway stations to Santacruz Electronic Export Processing Zone. Jogeshwari station is around 3-4 km away while Andheri station is about 4-5 km from SEEPZ. Both stations are on the western line of the Mumbai suburban railway and provide direct connectivity to Churchgate, Vasai, Virar and other parts of Mumbai.

Is Santacruz Electronic Export Processing Zone, Mumbai good for living?

Santacruz Electronic Export Processing Zone may not be the most ideal area for living given that it is primarily an industrial and commercial hub. However, the nearby localities of Jogeshwari East and Andheri East are suitable for living. SEEPZ is centrally located with good connectivity. Amenities like schools, hospitals, shops are easily accessible. While traffic and pollution are concerns, SEEPZ is a developing region with potential for improvement in infrastructure and standard of living.