If there is one piece of news that has rivalled the story of the Siddharth Malhotra-Kiara Advani wedding, it is the couple's plans to buy a 3500 square feet sea-facing bungalow in Juhu. This news comes less than a year after superstar Ajay Devgn house bought a second sprawling bungalow in the same glamourous neighbourhood of Juhu. In fact, Page 3 is very often filled with snippets about celebrities moving to this locality. So, what is it that makes Juhu the dream destination for every Mumbaikar? Should a flat on Gulmohar Road be on your wish list?
Here are some of the top reasons you should consider buying a residence in Juhu.
- Sun, sand, sea – If we are listing reasons to buy that luxurious apartment in Juhu that you have been dreaming of, the beach has to be on top, right? Juhu beach is not just another beach - it is an experience every Mumbaikar cherishes. Take long walks along the gentle coast of the Arabian Sea, play cricket along the long stretch, and snack on the amazing Mumbai street food from the vendors who set up shop along the beach every evening. All this at a stone's throw from your home. Enjoy stunning views of the sun rising and setting over the sea right from the comfort of your balcony. That's Mumbai life at its best!
- The spirit of Mumbai – Juhu showcases the very best that Mumbai has to offer. From the amazing street shows and carnival rides on the Juhu stretch to the very best of Hindi and Marathi stage performances at the Prithvi Theatre (established by the legendary Raj Kapoor), from the ultra-modern multi-screen PVR to live bar performances – this is the neighbourhood that has the best of entertainment options. Despite being home to the rich and the famous, Juhu is where you can find real value. Chowpatty is where even the stars step out for their daily fix of vada pav and bhel puri.
- Social and all – Take your pet out for a walk along the long beach, head out to the very famous Juhu Joggers' Park, head out to the Bru World Café and pick up lunch from iconic eateries like Shiv Sagar or Mahesh Lunch. Spend your evenings in one of the numerous clubs and entertainment centres, and head out to an acclaimed restaurant for dinner. Hospitals, schools, colleges? Juhu has the best of everything Mumbai has to offer within a kilometre or two. Beyond the star-studded glamour, this neighbourhood has a good infrastructural and social capital that young families appreciate.
- Stars and celeb sightings – Juhu is home to the glitterati of Mumbai. Most movie stars, media personalities, celebrities, and artists pick this serene and laid-back locality for a reason. The Big B, Amitabh Bachchan, owns four splendid homes in the Juhu area - Jalsa, Janak, Vatsa, and Prateeksha. If you fancy having the likes of Hrithik Roshan, Anil Kapoor, Shahid Kapoor, Anupam Kher, and Alia Bhatt for your neighbours, Juhu is definitely the place to be. Rubbing shoulders with celebrities is not all that Juhu has to offer. The opulence and aesthetic brilliance of these residences will surely serve as inspiration for your dream home.
- A matter of money - While Juhu is certainly one of the most coveted real estate micro markets in Mumbai, as an investor, your lookout should be asset value appreciation. Average real estate prices in Juhu were estimated to be about INR 16100 per square foot in early 2009. By the end of 2022, these have gone up to INR 39630 per square foot. This phenomenal growth reflects the rise in housing demand in the neighbourhood. It should also give you a good idea of the expected growth rates in future years.
- Seamless connectivity and more – Juhu is undoubtedly a world unto itself, but you must consider connectivity before you start looking for flats on Gulmohar Road, Mumbai. The neighbourhood enjoys excellent connectivity to the city's commercial hubs, like BKC, Andheri, Dadar, and Parel. The Vile Parle suburban station connects Juhu to the suburban network, while the D.N. Nagar metro station serves the area. However, with wide roads and great infrastructure, this is one part of Mumbai in which you will prefer to drive.
Juhu is to Mumbai, what LA is to the US. The appreciation of aesthetics, the rich cultural fabric, the laid-back lifestyle, and the love of glitz and glamour – these are the greatest attractions that keep Juhu at the top of real estate investors' radars. Some of the top developers whose Juhu projects you will find listed on Blox include Gurukrupa Realcon, Chandak Group, Bharat Realty, and Kabra Group. These projects offer you both large beautiful spaces and an uber-cool lifestyle - the Juhu way.
