Malabar Hill is an exclusive residential area in South Mumbai, Maharashtra. It is home to several business tycoons and movie personalities, including Adi Godrej, Radhakishan Damani, Chandrasekaran Natarajan, the Shah family, the Sanghvi family, Cyrus Broacha, the Birla family, Shashi Ruia and family, Pallonji Mistry, the Jindal family, the Petit family, the Bilakhia family, and the Thakkar family, among others. Malabar Hill is also home to the Chief Minister of Maharashtra. The residence of the Chief Minister of the state is called ‘Varsha’. Raj Bhavan is the official residence of the Governor of Maharashtra, and Glenogle is the official residence of the General Manager of Central Railway, both of which are in Malabar Hill.
The Hanging Garden, Jain temple, and Banganga Tank are also located in Malabar Hill. Also, there is a crematorium near the sea in the Malabar Hill district that houses the samadhi shrines of several famous Indian saints. Notable among them are the shrines of Shri Nisargadatta Maharaj, Shri Siddharameshwar Maharaj, and his devoted disciple Shri Ranjit Maharaj. At present, Malabar Hill offers residences that ooze comfort and luxury.
Malabar Hill was founded by the Silhara kings. The Walkeshwar temple was a prominent religious location in the area. It was destroyed by the Portuguese but rebuilt by Rama Kamath. Then-Governor of Bombay, Mountstuart Elphinstone, built the first bungalow in the area. After this, Malabar Hill became home to many affluent and rich families.
Malabar Hill offers posh, luxurious, and comfortable residences. It hosts some of India’s most expensive houses as well.
Malabar Hill has pocket-friendly and readily available means of transportation like buses, trains, and auto rickshaws. The roads are well-structured and provide easy access to nearby places. Unlike the majority of the regions in Mumbai, this place is considered safe for women as well. Streetlights, roads, parks, and other properties are well maintained. Pollution levels are low and hygiene standards are maintained. Many commercial and business hubs lie in close proximity to the area.
Every coin has two faces, and so does Malabar Hill. The cost of living is high here. There is no highway nearby Malabar Hill. Therefore, it is tough to commute long distances.
Malabar Hill is located in the southern part of Mumbai. The area has a history of hosting homes for rich and powerful families. The locality is known for world-class social amenities and state-of-the-art infrastructure. Malabar Hill is connected to mainland Mumbai through Napean Sea Road. It is also surrounded by the Arabian Sea and hosts the seaside Chowpatty.
Malabar Hill is located in Mumbai, Maharashtra. It offers easy connectivity with other parts of the city. Malabar Hill is smoothly connected to Bombay Mazagaon, Tardeo, Bombay Girgaon, Parel, and Ballard Estate.
Mazagaon - 5.7 km
Tardeo - 3.1 km
Bombay Girgaon - 3.4 km
Parel - 8 km
Ballard Estate - 7.5 km
Mazagaon - 29 min
Tardeo - 15 min
Bombay Girgaon - 15 min
Parel - 28 min
Ballard Estate - 28 min
Mazagaon - Rs. 175 - Rs. 270
Tardeo - Rs. 122 - Rs. 191
Bombay Girgaon - Rs. 140 - Rs. 219
Parel - Rs. 192 - Rs. 297
Ballard Estate - Rs. 189 - Rs. 294
Malabar Hill offers a variety of transport options. It has a well-built system of roads and railways. Cabs, taxis, autos, buses, etc., are readily available in the neighbourhood. The closest bus stations to Malabar Hill are Darya Mahal, Sahyadri Guest House, and White House. Mumbai Central Railway Station is 3.6 km from Malabar Hill.
Over the years, Malabar Hill has attracted many developers and investors. Malabar Hill offers a posh and luxurious locality. All the basic necessities, like schools, markets, malls, hospitals, etc., lie in close proximity. People are content with the quality of living offered by Malabar Hill.
There are numerous ways to reach this place in Mumbai. Let us get through the list of ways to reach Malabar Hill from any other city.
Why Malabar Hill and not any other place in the neighbourhood? This is the first and foremost question that arises in mind while choosing the locality to invest in. Let us get the answer in the case of Malabar Hill.
Location | Current Price | 3 Months | 6 Months | 1 Year |
---|---|---|---|---|
Girgaon | ₹ 24,166 | -4.80% | -5.76% | +3.74% |
Grant Road | ₹ 37,366 | -0.64% | +5.21% | +2.67% |
Tardeo | ₹ 38,974 | +2.04% | +2.53% | +10.05% |
Kalbadevi | ₹ 23,466 | -3.59% | +9.73% | +18.11% |
Kamathipura | ₹ 15,523 | +1.31% | +3.24% | +5.83% |
Configurations | Area Range(in Sq.Ft.) | Price Range |
---|---|---|
1 BHK | 470-550 | ₹ 81,600 - 95,400 |
1.5 BHK | 500-672 | ₹ 86,800 - 116,600 |
2 BHK | 800-1150 | ₹ 138,800 - 199,600 |
2.5 BHK | 1125-1250 | ₹ 195,200 - 216,900 |
3 BHK | 1400-1800 | ₹ 242,900 - 312,300 |
3.5 BHK | 1347-2000 | ₹ 233,700 - 347,100 |
4 BHK | 2000-2700 | ₹ 347,100 - 468,500 |
5 BHK | 3300-4700 | ₹ 572,600 - 815,600 |
Studio | 380-380 | ₹ 65,900 - 65,900 |
Project | Transactions | Current Price | Price Change |
---|---|---|---|
Runwal The Residence | 1 | ₹ 102,942 | +₹ 15,440 |
Lodha Seamont | 1 | ₹ 93,286 | - |
Everest Chambers | 1 | ₹ 63,829 | - |
Chandralok Building | 1 | - | - |
Project | Sale Value | Current Price | Price Change |
---|---|---|---|
Lodha Seamont | ₹ 29 Cr. | ₹ 93,286 | - |
Runwal The Residence | ₹ 20 Cr. | ₹ 102,942 | +₹ 15,440 |
Chandralok Building | ₹ 12 Cr. | - | - |
Everest Chambers | ₹ 9 Cr. | ₹ 63,829 | - |
Developer Name | Transactions |
---|---|
Delux Construction | 3 |
Mittal Builders | 1 |
Lodha Group | 1 |
Runwal Group | 1 |
Project | Gross Value |
---|---|
Lodha Seamont | ₹ 29 Cr. |
Runwal The Residence | ₹ 20 Cr. |
Everest Chambers | ₹ 9 Cr. |
Project | Current Price |
---|---|
Ruparel House | ₹ 141,057 |
Lodha Malabar | ₹ 137,238 |
Runwal The Residence | ₹ 102,942 |
Lodha Seamont | ₹ 93,286 |
Grand Paradi Towers | ₹ 66,299 |
Everest Chambers | ₹ 63,829 |
Veer Bhuvan | ₹ 63,525 |
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
88%
|
|
Penthouse
|
9%
|
BHK |
Enquiries |
|
---|---|---|
1 BHK
|
8%
|
|
1.5 BHK
|
4%
|
|
2 BHK
|
23%
|
|
2.5 BHK
|
3%
|
|
3 BHK
|
42%
|
|
4 BHK
|
10%
|
|
5 BHK
|
4%
|
|
6 BHK
|
1%
|
|
Budget |
Enquiries |
|
---|---|---|
2 Cr. - 5 Cr.
|
19%
|
|
Above 5 Cr.
|
80%
|
Property Type |
Enquiries |
|
---|---|---|
Apartment
|
94%
|
|
Penthouse
|
1%
|
BHK |
Enquiries |
|
---|---|---|
1 BHK
|
5%
|
|
1.5 BHK
|
3%
|
|
2 BHK
|
30%
|
|
2.5 BHK
|
7%
|
|
3 BHK
|
34%
|
|
4 BHK
|
7%
|
|
5 BHK
|
7%
|
|
6 BHK
|
1%
|
|
Budget |
Enquiries |
|
---|---|---|
2 Cr. - 5 Cr.
|
11%
|
|
Above 5 Cr.
|
82%
|
Elan Group acquired two land tracts in the financial year 2022-2023 to expand its commercial real estate enterprise. The object of the exercise is to enter the big-ticket residential segment...