Thakurdwar, Kalbadevi, Mumbai

Thakurdwar is a neighborhood located in South Mumbai. It is situated near Girgaon. This blog talks about properties available for sale and rent in Thakurdwar. Located a few kilometers from Churchgate station, Thakurdwar PIN code is 400002. It is close to popular localities like Girgaon, Matunga, and Mahim, making it well-connected to the rest of Mumbai. Read on to learn more about housing options in this upmarket part of India's financial capital.

Thakurdwar is a locality in Mumbai known for its communal harmony, with three lanes historically inhabited by the Hindu, Christian, and Parsi communities. It derives its name from an 1828 Ram temple built by the Konkani Pathare Prabhu community. Important religious sites include the Thakurdwar temple, St. Francis Church, Dadi Sheth Agyari (Parsi prayer hall), and Zaoba Wad Ram Mandir. The area has many old shops dating back to the early 20th century, still run by families of the respective communities. It also housed some of Mumbai's earliest educational institutions open to all religions, like the Prabhu Seminary and Student's Literary and Scientific Society's Girl's High School.

Thakurdwar Mumbai is a mixed community with people from different social strata living together harmoniously. The area is home to working professionals, migrant laborers employed in nearby industries, and traditional families who have lived here for generations. Residents follow a busy lifestyle but enjoy local community festivities and cultural events regularly. Being in South Mumbai, Thakurdwar has a rich blend of Punjabi, Gujarati, and South Indian culture. This blog will provide details about property options for those looking to experience this unique locality.

Physical Infrastructure 

The Thakurdwar infrastructure is well-connected via various modes of transportation. It has multiple metro stations on Line 1, which provide easy access to South Mumbai and the Airport. The Eastern Express Highway and Western Express Highway pass through Mumbai, connecting Thakurdwar to all parts of the city. According to the Thakurdwar Map, Mumbai Ring Road provides easy northern and western suburbs access. There are also flyovers in the vicinity, which ease traffic flow. Numerous banks, like SBI, HDFC, ICICI, etc, are within proximity for residents' banking needs. Police stations like Thakurdwar and Arthur Road are located nearby to ensure the safety and security of citizens. Fire stations are also in the area to handle any emergencies promptly. Overall, the physical infrastructure makes Thakurdwar a well-connected and well-serviced locality for living in Mumbai.

Social and Retail Infrastructure 

Thakurdwar is well served with social infrastructure and amenities. Some of the top schools in the area include Panchgani International High School and Junior College and Shalom International School and Junior College Panchgani which are known for their quality education. Sion Hospital and Wockhardt Hospital provide multi-specialty healthcare. For higher education, residents can choose from nearby colleges like The Byramjee Jeejeebhoy College of Commerce and Hinduja College of Commerce. Entertainment and retail needs are fulfilled by High Street Phoenix Mall and Center Square Mall, which house popular brands and eateries. Many restaurants, gyms, and parks also exist to meet daily needs. Thus, with excellent educational and medical institutions as well as thriving retail options, living in Thakurdwar makes for a socially enriching environment.

Real Estate Market Trends and Rental Demand 

The real estate market in Thakurdwar has thrived over the past few years. Property rates have steadily risen by about 15-20% due to growing demand among homebuyers for residential units in this centrally located area. Thakurdwar Property Rates range between ₹15,454 - ₹47,000 per sq. ft. Factors like excellent social and transportation infrastructure, as mentioned in earlier sections, have made Thakurdwar highly desirable. For sellers, it's a favorable time with increasing capital values. On the rental front, the demand from migrating professionals and nuclear families has increased rents by 10-15% over the last year. Landlords can yield high returns. The monthly rent for this Apartment is around Rs 22000 per month. With more institutional development and promised government infrastructure projects, trends of rising Thakurdwar Property Price are expected to continue in the next couple of years in Thakurdwar.

Top Employment Hub 

Being well connected by rail and road, Thakurdwar has become a significant employment hub, offering residents a wealth of job opportunities. With such prominent companies nearby, residents of Thakurdwar have access to a wide array of career prospects across sectors. Some of the employment hubs near Thakurdwar include:

• MGM Building- 2.6 Km 
• Peninsula Business Park Tower A- 6.6 Km
• Urmi Estate- 6.6 Km
• Mahendra Silk Mills- 1.3 Km 

Some famous sub-localities / colonies / Areas 

Being a large area, Thakurdwar comprises many sub-localities and housing colonies that have developed over the years. Residing in any of these vibrant sub-areas ensures a holistic living experience within the Thakurdwar neighborhood. Famous landmarks in Thakurdwar include:

• Hemraj Wadi 
• Vaidya Wadi 
• Pungeswari 
• Marine Lines East 

Top Things to Do

Located in South Central Mumbai, Thakurdwar offers residents easy access to some of the city's most famous landmarks and attractions. Whether one wants to unwind or explore culture and heritage, there is no shortage of things to do. The top things to do in Thakurdwar include- 

• Haji Ali Dargah, which is a scenic mosque surrounded by sea, Mahalakshmi Racecourse for weekend races and shopping. 
• The iconic Chhatrapati Shivaji Terminus boasts Italian architecture and is a heritage site. The Dr. Bhau Daji Lad Mumbai City Museum is worth visiting for those interested in art. 
• Residents can also head to Kamala Nehru Park or Jehangir Art Gallery for a relaxing stroll amidst nature. 
• History buffs must see the Arthur Road Jail and Byculla Zoo. With such excellent recreational options, life is always exciting for residents of Thakurdwar.

Conclusion 

Thakurdwar presents an ideal option for both homebuyers and tenants looking for a well-established residential area in Mumbai. With solid infrastructure support, social amenities, and proximity to key employment hubs, it offers an excellent lifestyle. No wonder real estate remains robust in this prime Central Mumbai locality.

While Thakurdwar offers several advantages, the surrounding areas within a 10-12 km radius are equally appealing:

• Proximity to South Mumbai with easy access to Churchgate, Colaba, and Fort areas.
• She established social infrastructure with hospitals, malls, and schools in Wadala, Kalina, and Sion.
• Vibrant commercial hubs like BKC and Lower Parel provide ample job opportunities.
• Peaceful locales like Mahim and Bandra are for those looking to settle away from the city hustle.
• Well-connected via highways, flyovers, and metro, making commuting convenient.

What’s not great about locality but can be improved:

• Adding more lanes and roads connecting various nodes.
• Expanding the metro network is still a work in progress.
• Promoting last-mile connectivity through monorail, trams, and buses.
• Developing riverside roads and promenades for non-motorized transport.
• Implementing effective traffic management systems at choke points.