Kamathipura is a neighbourhood in Mumbai settled in 1795 because of the construction of causeways connecting the seven islands of Mumbai. Kamathipura in Mumbai is undergoing a makeover due to numerous landlords joining forces to launch a massive reconstruction project here. There is no doubt that Kamathipura is in great real estate in South Mumbai, despite its reputation. Approximately 53 acres of land owned by 700 landlords in Kamathipura are being offered for reconstruction as part of the state's cluster development programme. According to the plan, 14 acres will be constructed in the second phase after the first 39 acres are redeveloped. While the remaining 50% of the land will be up for sale, 50% will be used to relocate current renters, property owners, and businesses.
What's Great about Kamathipura? | What's Not Great About Kamathipura? |
Mumbai Central Railway Station connects the area to all major cities nearby. | Overflowing potholes during monsoons |
The Grant Road, a well-known commercial sector, connects Kamathipura to several city centres. | It's risky to go alone in some desolate regions at night. |
Some lanes in the area are clean and well-kept. | High pollution level |
Residents can move around freely in safe and secure residential neighbourhoods. | Instances of numerous small-time crimes and robberies |
The streets have properly spaced lamp posts, and the roads are typically well-lit. | Garbage accumulation on the streets and roads |
Regular police patrolling | The older parks and gardens are in disrepair. |
Kamathipura houses 800 landlords and roughly 8,000 tenants. After reconstruction, tenants shall receive 4 million square feet of space, and landlords receive 400,000 square feet. The recent redevelopment plan calls for dividing the entire region into six clusters. Each group of residential towers will have its playground, play school, and other amenities in addition to the township's central park, gymnasium, and other open areas. The area is close to several IT hubs in the Nagpada region. The newly developed projects offer reasonable housing options in various layouts and sizes, perfect for those on a budget.
Kamathipura has several well-developed amenities nearby, including top-notch schools, restaurants, and healthcare centres. The area has also become safer due to regular police patrolling.
Ample local markets and retail centres are available for quick shopping trips by the residents. Excellent modes of transportation in Kamathipura are the best for getting around Mumbai and beyond.
Chhatrapati Shivaji Maharaj International Airport (23.9 kilometres)
Numerous current constructions in the area offer many housing alternatives with top-notch amenities for new investors. The area's excellent connectivity also contributes to making it a residential hotspot.
Kamthipura does not have many options for luxurious services. However, the locals have abundant choices for interior design services, furniture rentals, and even solar panel installation in the nearby areas within 10 kilometres of Kamathipura.
Some interior designing services within 15 kilometres of Kamathipura are:
Some most reliable furniture and appliance rental services in Kamathipura are:
Kamathipura and the nearby areas of Grant Road offer several options for rooftop Solar installation. Some reliable choices for solar panel installation nearby are as follows:
The areas near Kamathipura include Chhota Sonapur, Dalal Estate, Grant Road Area, Navjivan Area, and Lamington Road. Investors can consider them, too, since Kamathipura is still undergoing redevelopment.
Locality | Distance | Commute Time | Cab Fare |
Chhota Sonapur | 350 metres | 2 minutes | Rs. 20-50 |
Lamington Road | 1.8 kilometres | 9 minutes | Rs. 50 |
Grant Road Area | 1.5 kilometres | 8 minutes | Rs. 50 |
Navjivan | 3.4 kilometres | 15 minutes | Rs. 100-150 |
In addition to having access to the local train station and the best buses constantly, there will soon be a metro station near Kamathipura, which will simplify life. The area has a sizable computer market if you want to purchase a computer or computer accessories. The neighbourhood market contains everything you need, even though it is quite crowded. Locals appreciate the area due to hospitals nearby for medical emergencies.
Between Grant Road Station and Grant Road Station, the city bus no. 157 makes 12 stops altogether and covers 5 km. Several areas throughout the city have easy access to public buses. Some places also have a limited supply of auto-rickshaws, nevertheless. Additionally, you can travel via scooters or motorcycles and explore the city at your own pace.
There are not many options to stroll in the busy streets of Kamathipura. However, the locals and visitors can visit some attractions near the locality. Locals can visit the Babulnath Temple, the Gateway of India, the Johnson & Johnson Garden, and Kamala Nehru Park. Another well-liked sight is the Mani Bhavan Gandhi Museum. The modest, two-story structure where Mahatma Gandhi formerly resided is now a museum, library, and research centre that chronicles Gandhi's life and his efforts to achieve Indian Independence via nonviolent means.
Kamathipura is an old, heavily inhabited, decaying, tremendously crowded, socially and economically diverse, mixed-use, and primarily working-class. Although the notion of redeveloping the area is not new, Kamathipura is the most recent participant in the renovation juggernaut. Therefore, the upcoming years might provide exciting offers for interested investors at affordable prices.
Kamathipura is a developing residential area in Mumbai. The renovation of Kamathipura would increase the number of dwellings in Mumbai by at least 7,000. Additionally, the government's cluster development strategy could increase the supply of inexpensive homes by providing developers with strong incentives to construct such housing.
Location Summary: Kamathipura
Kamathipura is a locality in Mumbai, Maharashtra, India. It is known for being one of the oldest and largest red-light districts in Asia. Despite its reputation, the area has seen a significant increase in real estate activity in recent years.
Sales Transactions:
According to our research, there have been 99 sales tr...
Sales Transactions |
41 |
Gross Sales Value |
₹ 23 Cr. |
Current Rate/Sq.ft |
₹ 13,989 |
Price Movement |
+₹ 320 |
Location | Current Price | 3 Months | 6 Months | 1 Year |
---|---|---|---|---|
Kamathipura | ₹ 13,989 | +2.34% | +4.93% | +7.94% |
Nagpada | ₹ 16,584 | +1.10% | +1.07% | -2.55% |
Madanpura | ₹ 22,875 | +5.52% | -1.23% | -5.57% |
Bhuleshwar | ₹ 18,802 | +2.40% | +1.94% | -14.09% |
Girgaon | ₹ 45,278 | -3.64% | -2.58% | +5.19% |
Grant Road | ₹ 33,987 | -0.57% | +12.90% | +15.10% |
Umerkhadi | ₹ 14,377 | +4.96% | +4.41% | +6.72% |
Mumbai Central | ₹ 43,723 | -16.58% | -20.52% | +57.40% |
Mandvi | ₹ 17,599 | +2.25% | +4.08% | -3.24% |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
White Flower Residency | 18 | ₹ 14,212 | +₹ 424 |
Rajendra Heights | 8 | ₹ 13,845 | +₹ 512 |
Ashirwad Shelaji Avenues | 6 | ₹ 14,744 | -₹ 1,202 |
Poladia Tower | 1 | ₹ 11,514 | +₹ 17 |
Project | Sale Value | Current Price | Price Change |
---|---|---|---|
White Flower Residency | ₹ 13 Cr. | ₹ 14,212 | +₹ 424 |
Ashirwad Shelaji Avenues | ₹ 4 Cr. | ₹ 14,744 | -₹ 1,202 |
Rajendra Heights | ₹ 4 Cr. | ₹ 13,845 | +₹ 512 |
Poladia Tower | ₹ 1 Cr. | ₹ 11,514 | +₹ 17 |
Developer Name | Transactions |
---|---|
White Flowers Realty | 18 |
Mactec Realtors And Developers | 8 |
Ashirwad Developers | 6 |
Shaad Realtors | 1 |
DB Realty | 1 |
Zenia Realty | 1 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
Rajendra Heights | 8 | ₹ 13,845 | +₹ 512 |
White Flower Residency | 18 | ₹ 14,212 | +₹ 424 |
Ashirwad Shelaji Avenues | 6 | ₹ 14,744 | -₹ 1,202 |
Project | Gross Value |
---|---|
White Flower Residency | ₹ 1 Cr. |
Ashirwad Shelaji Avenues | ₹ 1 Cr. |
Poladia Tower | ₹ 1 Cr. |
Rajendra Heights | ₹ 1 Cr. |
Project | Current Price |
---|---|
Orchid Apartment | ₹ 17,222 |
Ashirwad Shelaji Avenues | ₹ 14,744 |
White Flower Residency | ₹ 14,212 |
Rajendra Heights | ₹ 13,845 |
Poladia Tower | ₹ 11,514 |
Supreme Heights | ₹ 10,521 |
More than 4,500 real estate projects registered under the Maharashtra Real Estate Regulatory Authority or MahaRERA are announced as lapsed. It is because the builders could not finish the pr...