Walkeshwar, Malabar Hill, Mumbai

Walkeshwar is located in South Mumbai, Maharashtra, India. Walkeshwar pin code is 400006. This community is conveniently situated next to several other well-known areas, including Malabar Hill, famed for its wealth and beautiful views of the Arabian Sea. This makes it an attractive residential location for its quiet surroundings and closeness to essential places like Marine Drive, Girgaon Chowpatty, and Colaba.

Walkeshwar has a lengthy and illustrious historical past. The Walkeshwar Temple, built in 1127 AD, is its most well-known landmark and contributes to the area's historical importance. Walkeshwar has changed through time from being a hub of religion and culture to a posh neighborhood. As Mumbai grew, Walkeshwar became a sought-after location for influential people, including corporate executives and celebrities. Its transformation from a place of religious pilgrimage to an upscale residential neighborhood illustrates Mumbai's rapid development and shifting population.

Various people live in Walkeshwar, including wealthy families, professionals, and foreigners. The area's lifestyle is distinguished by its seclusion and tranquility, as well as its well-kept parks and picturesque surroundings. The community's culture is a fusion of traditional beliefs and contemporary lifestyles. The Walkeshwar Temple's history is often preserved by the locals, who participate in various religious and cultural events. The neighborhood embraces Mumbai's global vibe while feeling a part of it. Within the city, Walkeshwar stands out as a distinctive and sought-after destination due to its remarkable combination of history, elegance, and culture.

Physical Infrastructure 

The Walkeshwar infrastructure is substantially developed, and several current and future initiatives are targeted at improving public transit and services. The neighborhood now reaps the advantages of being close to essential road networks, such as the renowned Marine Drive and arterial highways linking it to the rest of Mumbai. Despite no metro line, it has simple access to the city's metro system as the nearest metro station is Malabar Hill and Ghatkopar metro station. The Coastal Road Project is a notable ongoing project in the area that aims to help the people of Walkeshwar by increasing connectivity and reducing travel times along the city's western shore. Referring to the Walkeshwar map, the Western Express Highway, a vital arterial artery for transportation across the city, is also accessible from Walkeshwar. The area's main artery for communication is Walkeshwar Road, and Girgaum Chowpatty is only 4.7 kilometers away. 

Social and Retail Infrastructure 

Walkeshwar Mumbai neighborhood has a solid social and retail infrastructure that can meet the many demands of its people. Several famous educational institutions are now in the region, like the illustrious Gopi Birla Memorial School, Everest College, and Bombay International School. Since these institutes provide top-notch education, families want to live in Walkeshwar. Walkeshwar's location near renowned facilities like Breach Candy Hospital and St. Elizabeth's Hospital guarantees its citizens access to top-notch healthcare. While Walkeshwar doesn't have any significant malls, it is well-linked to upmarket shopping areas in South Mumbai, like Chandralok Shopping Center and CR2 Shopping Mall, which provide a variety of food and retail choices. Additionally, current and future construction in the area aims to further improve the social and retail facilities, reaffirming Walkeshwar's standing as a desirable and complete residential neighborhood in Mumbai.

Real Estate Market Trends and Rental Demand 

Walkeshwar property price starts at Rs. 51,724 per sqft. Flats in this area can be rented between ₹80,000 - ₹2.3 Lac. A commercial property can be rented at Rs 80,000 per month. Property prices in Walkeshwar have increased by 19.6% in a year and 42.8% over the past five years. Property values in Walkeshwar, Mumbai, have steadily increased, making it a desirable place to invest for both buyers and sellers. This tendency has been influenced by the area's upmarket reputation, historical importance, and attractive surroundings. Sellers profit from Walkeshwar property rates increase, while buyers seek exclusivity and lifestyle. Walkeshwar continues to have a strong rental demand, with attractive circumstances for both renters and landlords. As indicated in the social infrastructure section, the proximity to commercial areas and educational institutions influences rental demand. Additionally, expatriates and businesspeople looking for upmarket rentals are drawn to the area by its tranquil atmosphere. These elements have helped to keep the rental market in high demand.

Top Employment Hubs near Walkeshwar

Within a 10-kilometer radius of Walkeshwar, Mumbai, several well-known IT business parks and technological clusters exist. These tech clusters attract firms and professionals, making it a desirable place to live for individuals in the IT industry. Here are the top employment hubs near Walkeshwar:

• Peninsula Corporate Park: Approximately 7.2km away.
• Lower Parel: Approximately 8 km away.
• Worli IT Park: Approximately 9 km away.
• White Hall- 2.5 km.
• Purushottam Thakker Industrial Estate Approximately 9.2 km away.

The convenient access to these popular landmarks in Walkeshwar improves convenience and work-life balance.

What are some popular Sub-Localities / Colonies / Areas? 

Several well-liked colonies and sub-localities in Walkeshwar, Mumbai, provide a wide variety of housing alternatives. To accommodate inhabitants' interests, these places provide distinctive lifestyles and facilities. Within Walkeshwar, some of the well-known colonies and sub-localities are as follows:

1. Malabar Hill
2. Nepean Sea Road
3. Cumballa Hill
4. Altamount Road
5. Kemps Corner
6. Breach Candy
7. Carmichael Road

These sub-localities in Walkeshwar serve various inhabitants, ensuring that each one may find a pleasant and abundant area.

Top things to do in Walkeshwar 

Mumbai's Walkeshwar neighborhood has many events and attractions that appeal to different interests, making it a fun place to live and visit. Some of the top things to do in Walkeshwar are listed below:

• Walkeshwar's closeness to significant structures like the revered Banganga Tank and the ancient Walkeshwar Temple provides a window into Mumbai's rich cultural past. Take a leisurely journey around these holy places to fully understand their historical and spiritual importance.
• While Walkeshwar isn't recognized for having many stores, surrounding neighborhoods like Kemps Corner and Colaba Causeway, have bustling street markets and expensive shops for those who love to shop.
• Terraced gardens known as the Hanging Gardens or Pherozeshah Mehta Gardens are perched above Malabar Hill on its western side, directly across from Kamala Nehru Park. They offer sunset views of the Arabian Sea and have various hedges with animal carvings.
• Use the beautiful parks that give panoramic views of the city and the Arabian Sea, such as Kamala Nehru Park and Hanging Gardens, to spend quality time outside.
• Besides visiting the Walkeshwar Temple, you should also visit nearby churches and mosques to enjoy the city's religious variety.
• One of the most popular Jain temples in Mumbai is Babu Amichand Panalal Adishwarji. This Jain temple was constructed in 1904. 

Conclusion 

Walkeshwar is a beautiful area to live or visit because of its convenient location in South Mumbai and easy access to these famous attractions.

What's Good about Walkeshwar?

Natural Beauty: Walkeshwar is renowned for its breathtaking vistas of the Arabian Sea and tranquil atmosphere, offering people a peaceful living environment.

Historical Importance: The Walkeshwar Temple and Banganga Tank are significant cultural and religious structures in the area, steeped in history.

Upmarket Living: Walkeshwar is known for its upmarket homes and well-kept estates, which attract high-end homeowners. Walkeshwar is the epitome of luxury living.

Proximity to Important Locations: Residents have quick access to South Mumbai's commercial centers, educational facilities, and entertainment hotspots, thanks to the area's central position.

Cultural Diversity: With several places of worship representing various religions, the neighborhood represents Mumbai's multicultural character.

What's not Good about Walkeshwar?

Public transit: Despite having good road connections, the need for a dedicated metro line may limit the availability of public transit.

Limited Shopping Options: Although many boutique shops exist, more enormous malls and other retail establishments are further away.

Traffic Jams: Walkeshwar, like many other areas of Mumbai, may face traffic jams during rush hours, lengthening journeys.

Exorbitant Real Estate Costs: Walkeshwar's real estate costs are relatively expensive, making it difficult for some people to afford.

Tourist Crowds: Because of the area's historical features, it may become busy during the busiest travel seasons, disrupting the calm for locals.