Shravan Nagar, Kandivali West, Mumbai

Shravan Nagar is located in the Western part of Mumbai, Maharashtra. It has a PIN code of 400067 and is situated close to popular localities like Kandivali West, Borivali West and Malad West. Shravan Nagar has good connectivity to these areas and the rest of Mumbai. It is well located with proximity to railway stations and amenities.

Shravan Nagar, Mumbai is primarily a residential locality inhabited by people from upper middle class to upper class income groups. It has well educated families working in private and government sector jobs. The lifestyle is quiet yet cosmopolitan with modern amenities. Culturally, it is a mix of locals as well as people from other parts of Mumbai and India. Many religious places like temples and mosques reflect the harmonious multi-cultural traditions. People socialize during local festivals and community events.

Physical Infrastructure of Shravan Nagar

Shravan Nagar has good physical infrastructure with well-developed transportation networks. The Lokmanya Tilak Terminus metro station is located nearby providing swift connectivity within Mumbai and boosting Shravan Nagar infrastructure. The western Expressway passes next to Shravan Nagar, providing quick access to northern Maharashtra. The Sion-Panvel Highway and LBS Marg are also easily accessible from here. There are several flyovers facilitating commute within the locality. Prem Nagar police station and the Vikhroli fire station ensure security and safety of the residents. SBI, HDFC and ICICI bank branches are located in the vicinity. The Mumbai suburb also has robust power and water supply infrastructure to support its needs.

Social and Retail Infrastructure of Shravan Nagar

Shravan Nagar is well equipped with social infrastructure and retail options. Some of the prominent schools in the area include Billabong International School, Orchids The International School and Star Kids Kingdom. Residents have access to healthcare at nearby Oscar Hospital, Shree Nagesh Childrens Hospital and Arya Women’s Health Care Centre Surgical and Maternity Home. For higher education, Atharva College of Engineering, K.E.S Shroff college and Don Bosco High School are within 5 kms according to Shravan Nagar map.

In terms of retail therapy and leisure, City Centre Mall, V-Mall and Crystal Plaza located right next to Shravan Nagar is a popular shopping destination. It houses brands like Puma, Metro shoes, Levi's etc. Residents can satiate their food cravings at restaurants like Sion Food Park, Shree Ram Bhojnalaya and Pizza Hut. An array of supermarket stores like Reliance Fresh and Supermarket G supplies daily needs.

Real Estate Market Trends and Rental Demand in Shravan Nagar

Shravan Nagar property rates have been growing steadily over the past few years due to its strategic location and well-developed social and physical infrastructure. Property rates in the area for both residential and commercial have increased by 10-15% in the last year alone. Well maintained 2BHK apartments now cost between ₹1 - 2 Crores whereas 3BHK flats are priced around ₹2.25-3 crores.

The rental Shravan Nagar property prices has also witnessed a demand boom. Growing job opportunities in the area along with proximity to IT hubs like Vikhroli have attracted young professionals and nuclear families. Landlords can demand rental in the range of ₹25,000-35,000 per month for 2BHK units and ₹40,000-50,000 for 3BHK accommodations. Both end-users and investors are looking at Shravan Nagar as a promising location.

Top Employment Hubs Nearby Shravan Nagar

Given its proximity to various industrial and commercial hubs, Shravan Nagar has emerged as a coveted residential locale for professionals. Some of the top employment hubs near Shravan Nagar include:

• Infinity IT Park - 10.6km
• 21 Business Elites - 2.5km
• The Orion Business Park - 2.7km
• Jaswanti Allied Business Centre - 3.3km
• Ruby Crescent - 4.6km

Famous Sub-Localities Near Shravan Nagar

Being a prime residential node, Shravan Nagar comprises several well-developed sub-localities that boast modern housing and civic facilities. Some of the most popular landmarks in Shravan Nagar include:

• Kandivali West
• Borivali West
• Malad West
• Kandivali East
• Borivali East

Top Things to Do in Shravan Nagar

Situated in one of the liveliest areas of Mumbai, Shravan Nagar residents are never short of things to do in their leisure time. Some of the top things to do in Shravan Nagar include:

Marvé Beach: 

One of the most popular beaches located just 10 mins from Shravan Nagar. It is a clean and peaceful beach where you can spend your mornings or evenings walking, jogging or relaxing. During weekends it gets crowded as local residents come here for walks and recreational activities.

Hamla Beach: 

An equally beautiful beach like Marvé located around 15 mins from the locality. Known for its clear blue waters, it is an ideal spot for swimming, water sports and picnics with family and friends on holidays. You'll always find it less crowded than most other beaches in Mumbai.

Mandapeshwar Caves: 

A scientifically important locality housing numerous Buddhist rock-cut caves dating back to the 2nd century BC. The intricate carvings show the evolution of Buddhist art in India. History and nature lovers must visit this spot.

Vazira Ganesh Temple: 

A historic Ganesh temple located right in the center of Shravan Nagar. Especially vibrant during Ganesh Chaturthi, you'll find devotees flocking here all year. The beautiful idols and peaceful atmosphere make it a must-visit religious place.

Kanheri Caves: 

About an hour's drive from Shravan Nagar are these 109 cave monuments featuring vibrant sculptures of Buddha. Wander amidst lush greenery and learn about the Buddhist viharas that once thrived here. Ideal for a one-day outdoor exploration.

Conclusion

Shravan Nagar is a promising property location close to many conveniences. With a developing social infrastructure and rapid connectivity improvements, property in this area provides a good investment with strong prospects of appreciation. It presents a smart choice for homeowners.

What is Good About Locality within 10-12 km- 

• Excellent connectivity via roads and metro
• Proximity to employment centers and retail options
• Developed civic amenities and security infrastructure
• Appreciating property values and good rental yields
• Clean, well-planned localities with parks and gardens

What’s Not Great About Locality within 10-12 km-

• Traffic congestion during peak hours needs addressing
• More investment in social sectors like healthcare and education
• Availability of affordable housing is still limited
• Maintaining greenery and reducing concrete jungle effect
• Upgradation of certain internal roads and storm water drains

On the whole, Shravan Nagar provides a balanced lifestyle for homeowners and tenants alike.