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Flats Under 4 Crore for sale in Prabhadevi, Mumbai
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About Properties In Prabhadevi, Mumbai for Sale
Overview of Prabhadevi
- Prabhadevi is a prominent, affluent residential locality in South Mumbai.
- It is known for its rich cultural heritage, religious landmarks, & historical significance.
- Prabhadevi is a posh area and comprises high-end luxurious buildings and elite amenities.
- Adjacent to the pristine Arabian Sea, Prabhadevi offers pleasant surroundings.
- Prabhadevi is famous for its lavish residential areas, excellent infrastructure, high-value properties, and seamless connectivity within Mumbai.
- The famous Siddhivinayak Temple is located in Prabhadevi.
- The Pin Code for Prabhadevi is 400025.
Prabhadevi Residential Market Insights
- Prabhadevi is known as a thriving upscale real estate market.
- It is a predominant residential area with newly constructed high-rise apartments.
- Price for 1 BHK Flat in Prabhadevi can range between ₹ 1.20 crore - ₹ 8.30 crore.
- Price for 2 BHK Flat in Prabhadevi can range between ₹ 2.80 crore - ₹ 9 crore.
- Price for 3 BHK Flat in Prabhadevi can range between ₹ 6.20 crore - ₹ 11 crore.
- 4 BHK Flat in Prabhadevi can be priced between ₹ 12 crore - ₹ 20 crore.
- 5 BHK Flat in Prabhadevi can be priced between ₹ 19 crore - ₹ 30 crore.
- The exact pricing for apartments in Prabhadevi can vary depending on factors like Total Carpet Area, Location, Amenities, and the Developer of the project.
- Due to excellent connectivity and proximity to many commercial & business hubs, Prabhadevi is one of the best rental locations.
- The average monthly rental value for a residential/ housing property in Prabhadevi is ₹ 46,000 - ₹ 7,90,000.
Connectivity and Transportation In Prabhadevi
- The dedicated Prabhadevi Railway Station, formerly known as Elphinston Railway Station, serves locals with vast connectivity.
- Other nearest Railways are Dadar Railway Station & Lower Parel Railway Station.
- Major roadways like Eastern Express Highway & Bandra-Worli Sea Link allow quick and easy access to the Western suburbs and South Mumbai.
- Senapati Bapat Marg & Gokhale Road are some key connecting routes for the locality.
- Other major roads like Prabhadevi New Road, Dr. Annie Besant Road, and Khan Abdul Gaffar Khan Marg enhance the connectivity further.
- Public Transports, such as Buses, Taxis, and app-based Cabs, are also available.
- Prabhadevi offers good road infrastructure, boosting the travel time for daily commuters.
- Chhatrapati Shivaji International Airport is approximately 11 km away from Prabhadevi via the Coastal Road.
Social Infrastructure In Prabhadevi
- Reputed Hospitals like P. D. Hinduja Hospital & Medical Research Centre, Gleneagles Hospital, Wadia Children’s Hospital, BMC Hospital, etc., are close by.
- Educational Institutes in& near Prabhadevi include Elphinstone Municipal School, Convent Girls School, Mumbai Public School Dadar, Little More Preschool, Elphinstone College, etc., are within easy reach.
- The official Consulate General of Canada is located just 1.2 km away.
- The Government Offices, like BMC, are located in proximity.
- Luxury Hotels like ITC Grand Central and the St. Regis Mumbai are in easy reach.
- Malls like High Street Phoenix, Nakshtra Mall, and Phoenix Palladium satisfy the versatile shopping needs of the locals.
- The popular Nehru Planetarium is located just 4 km away.
- Markets are located at a walkable distance for easy access to daily grocery needs.
Employment Opportunities In Prabhadevi
- Being strategically located between Dadar & Worli, Prabhadevi offers convenient access to major commercial hubs in Mumbai.
- Notable Office Hubs like Nariman Point & Bandra Kurla Complex (BKC) are 12 km away.
- Business Parks & Industrial Estates like Kamat Industrial Estate, Gloria Business Centre, Peninsula Business Park, A to Z Industrial Estate, and Bussa Industrial Estate are located close by.
- Easy access to major Commercial Hubs such as Dadar, Worli, and Lower Parel significantly increases employment opportunities for the locals.
- Several Companies such as NeoSOFT, Mark IT Solutions, Furation Tech Solutions, Axelia, Heer Pharma, Evergrow Solutions, etc., are located in this locality.
Lifestyle In Prabhadevi
- Prabhadevi offers a luxurious, sophisticated, and comfortable lifestyle.
- Widely famous Siddhivinayak Temple welcomes lakhs of visitors annually.
- The beautiful Prabhadevi Beach, Mahim Beach, and Dadar Beach, which are located in the vicinity, offer a serene and calm atmosphere for the locals.
- Nestled by Mahim Bay, the locality is adorned with vibrant coastal vibes.
- For sports enthusiasts, there are numerous options in & near Prabhadevi, such as Purandare Stadium, CPL Sports Foundation, Sportsfield Turf Academy, etc.
- There are many Gardens, Parks, and Green Spaces in this locality, allowing residents to enjoy some peaceful time, unwind, or walk.
- There are wide range of luxurious restaurants and cafes in the locality that offer fine dining experience with delectable food.
- Several Recreational Places such as Gyms, Spas, Entertainment Facilities, Sports Clubs, etc., are easily accessible in Prabhadevi, where residents can enjoy some quality leisure time.
Safety and Security In Prabhadevi
- Prabhadevi, an upscale southern locality, is one of the safest locations in Mumbai.
- The premium residential complexes in Prabhadevi have surveillance installed to ensure the safety of the residents.
- The security personnel strictly follow proper safety measures in the locality.
- Police Stations are easily accessible and located nearby for the locals.
- Police patrolling is frequently conducted and is heavier at night time.
Development and Future Prospects In Prabhadevi
- The upcoming Mumbai Metro Line 3 (Aqua Line) is expected to improve the transportation access to Prabhadevi, benefiting the daily commuters.
- Two planned foot-overbridges at Prabhadevi Railway Station are expected to reduce traffic congestion & accelerate travel time.
- The prominent Siddhivinayak Ganpati Temple in Prabhadevi will undergo a revamp as planned by the civic body.
- Newly emerging Coastal Road’s Dahisar Link is expected to offer better and improved regional access to this locality.
- A large number of high-end Residential Projects are upcoming here to match the increasing housing demand in this highly desired location.
- Several commercial buildings are undergoing construction, and these are increasing rapidly, enhancing the employment opportunities here.
Cultural and Community In Prabhadevi
- Prabhadevi is known to foster a rich cultural heritage & community spirit.
- It has a diverse community that celebrates all the festivals and traditions that bring communities together, promoting unity & preserving cultures.
- It is home to several Religious places, including Prabhavati Devi Temple, Shankar Temple, Datta Mandir, Santoshi Mata Temple, Shree Swami Samarth Math, etc.
- Various Cultural & Community Centers nearby are Nitya Artists Centre, Dadar Matunga Cultural Centre, Nita Mukesh Ambani Cultural Centre, Nehru Centre, etc.
- Mahim Bay, which has a big historical, ecological, and geographical importance, is located in close proximity to Prabhadevi locality.
Environmental Factors In Prabhadevi
- Prabhadevi offers a comfortable lifestyle with all modern amenities & essential facilities. This makes Prabhadevi a good place to live in, especially for those who prefer a high-end lifestyle in sophisticated surroundings.
- Proximity to the Arabian Sea and Mahim Bay Shore, Prabhadevi offers a mesmerizing scenic backdrop with a pleasant atmosphere.
- Gardens & Parks including Scp Katta, Kai Rajbhau Salvi Manoranjan Udhyan, Parel Baug, Veer Baji Prabhu Udyan, Worli Sea Face Garden, etc., enhance the green belt of this locality.
- The air quality in Prabhadevi is moderate, considering all the major ongoing local developments.
Flat Configuration In Prabhadevi
- Flat Configurations of 1 BHK, 2 BHK, 3 BHK, 4 BHK, and 5 BHK are offered in Prabhadevi.
- 2 BHK and 3 BHK are the most preferred Flat Configurations by homebuyers in this locality.
- Apart from high-end Luxurious Apartments, properties in Prabhadevi also include Studio Apartments, Villas, Cottages, and Duplexes available here.
- Housing properties are available up to the size of 10,000 to 15,000 sq. ft.
Property Price Growth In Prabhadevi
- Housing properties in Prabhadevi have experienced 6.8% YOY price appreciation and around 25% in the last 3 years.
- The prices for Residential & Commercial properties in Prabhadevi are increasing to a higher extent consistently.
- Proximity to major office hubs & excellent and improving connectivity of the locality lead to a constant increase in the rental values.
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Frequently Asked Questions
What are the popular residential areas in Prabhadevi?
Some of the top residential areas in Prabhadevi include Wadala, Mahim.
What types of properties are available in Prabhadevi?
Prabhadevi offers Apartment, catering to various budget segments.
What is the average property price in Prabhadevi?
The average property price in Prabhadevi ranges from ₹66,200 to ₹68,550 per sq.ft., depending on the location and amenities.
What are the major connectivity options in Prabhadevi?
Prabhadevi is well-connected via GTB Nagar, Kings Circle, Dadar, Byculla, Chinchpokli.
What are the metro stations in and around Prabhadevi?
The metro stations in and around Prabhadevi include key stops such as Wadala Truck Terminal, Bhakti Park (Wadala), Ganesh Nagar, Shitladevi Temple, Dadar, providing convenient connectivity to major areas.
Are there affordable housing options in Prabhadevi?
Yes, areas like offer budget-friendly housing options in Prabhadevi.
What are nearby locations in Prabhadevi within 3KM?
Prabhadevi is home to a mix of vibrant residential neighborhoods and bustling commercial hubs.Residential areas near Prabhadevi
Commercial areas near Prabhadevi
Are there luxurious housing options in Prabhadevi?
Areas like P Balu Marg, New Prabhadevi Road, Kashinath Dhuru Marg, Yadav Patel Lane, Gokhale Road with price range above ₹8.9 Cr are known for luxurious residences in Prabhadevi
Are there luxurious housing options in Prabhadevi priced above ₹1 crore?
Yes, Prabhadevi offers several luxurious housing options priced above ₹1 crore, featuring premium amenities, spacious interiors, and prime locations.Top 5 properties are: