Wadala East, which was once a marshy land with a few refineries around the shore and many saltpans, is gradually blossoming into an upper middle-class society with affordable property prices and great connectivity. Located conveniently between South Mumbai and the suburbs, Wadala East is soaring in demand among home-seekers.

Within Wadala East is Bhakti Park, a massive gated community, spread over 25 acres, landscaped with lavish green gardens, two swimming pools, a stadium and a gymnasium, and the world’s largest IMAX, housing 4 multiplexes. The involvement of land development moguls such as Ajmera group, Dosti group, and Lloyd group, is proving to be most profitable to both the developers as well as home-seekers.

The metamorphic new developments made in Wadala East have transformed it into a vibrant place with unparalleled greenery and a certain sense of serenity, beckoning a myriad of people towards it.

Connectivity and Transit Points

Wadala East’s central location proves to be advantageous. Its great connectivity by road, rail, and the upcoming monorail allows for easy and hassle-free commuting.

Wadala Road is one of the stations on the Harbour Line of Mumbai’s intricate railway network. It connects the area of Wadala to King’s Circle which heads towards Andheri, and also Guru Tegh Bahadur Nagar which heads towards Panvel. The Wadala Depot monorail station is 2 km away from Wadala Road.

Mumbai’s largest bus depot, BEST, is located in this area and connects it to most parts of the large city such as Worli, Fort and the Bandra-Kurla Complex.

Major Landmarks

â—� Indian Patent Office

â—� Barkat Ali Dargah

â—� Nageshwar Mandir

â—� Hanuman Mandir

â—� Shaikh Mistry Dargah

â—� Bhakti Park

â—� Mangrove Garden

â—� Salt Pan

â—� Vidyalankar Institute of Technology

Factors for Growth in the Past

Wadala East was initially developed as an industrial locality, with numerous electrical industries dotting the area. Over the past few years, however, a large number of residential complexes have been developed such as Dosti Estate, Dosti Acres, and Bhakti Park, bringing with it a horde of residents-professionals, young couples, and families.

The basic layout of the land dates back as far as the 19th Century, with an emphasis on proper sanitation, landscaped greenery provided by parks, and well laid out streets, occurring over the last two decades.

The establishment of prime educational institutions such as Vidyalankar Institute of Technology, acted as a catalyst to the development of this area.

Residential & Commercial Market

The dominant property type in this area are multi-storey apartments, and high-rise gated communities, with individual houses being sparse.

The current prices for multi-storey apartments in Wadala East are within the range of Rs 20,350 to Rs 21,800 per sq. ft. Rental rates vary from approximately Rs 18,000 to Rs 25,000 per month for a 1 BHK, and Rs 40,000 to Rs 58,000 per month for 2 and 3 BHKs.

Current price trends for commercial space falls within the bracket of Rs 17,250 to Rs 20,250 per sq. ft., with the trends for shops falling between Rs 23,950 to Rs 39,700 per sq. ft. Rental rates toggle between Rs 97 to Rs 101 per sq. ft.

Major Challenges

A well-designed and well-maintained locality in the otherwise harsh and polluted city of Mumbai, residents of Wadala East don’t have much to complain about.

Power cuts are rare, and water is supplied in abundance. The only point of concern that is worth being raised is the lack of retail outlets and shopping malls in the area, for which residents have to go to neighbouring localities.

Factors for Growth in the Future

Initially, Wadala gained its large influx of home-buyers because of its close proximity to the traditional Central Business District areas of Parel and Lower Parel and the highly developed Bandra-Kurla Complex (BKC). The Mumbai Metropolitan Region Development Authority is now making an effort to develop Wadala by mimicking the grandiose structures present in the BKC.

Projects like the Monorail, Wadala Truck Terminal, and the expansion of Sewri Panvel Highway are in various stages of development. This is expected to have a positive impact on real estate development in the area. The upcoming monorail will connect it to Lower Parel where one can reach within just 20 minutes. The elevated freeway will enable commuters to reach the business district of Fort in less than 20 minutes.

Wadala East, Mumbai

Overview of Wadala East, Mumbai

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Nearby Localities in Wadala East, Mumbai

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