A Sneak Peek into Vile Parle's Real Estate

The Vile Parle locality in Mumbai is divided into east and west regions. And both areas are the most coveted residential localities in the city. Besides being an outstanding location with seamless connectivity to various parts of the city, the Andheri suburb also features many amenities that make it an enticing investment option for potential real estate buyers. 

Also, there are always premium and luxury flats available for sale in Vile Parle, thanks to the continuous efforts of top real estate developers who bring in new projects to meet the increasing demand of the people.

This detailed real estate overview provides valuable information if you are considering to buy a flat in Vile Parle West or East:

Seamless Connectivity to Key Areas

As mentioned earlier, the locality is divided into east and west regions, and both regions are highly sought-after by both homebuyers as well as investors. This is majorly due to its excellent connectivity to some of the key areas of Mumbai. Its location at the heart of the city makes it easy to access places like Chhatrapati Shivaji Maharaj Airport, only around 2 km away. Travelling on Western Express Highway, you can reach Mumbai Central railway station less than 20 km from Vile Parle East. Additionally, the area has numerous bus stops that provide direct access to different parts of the city. This excellent connectivity makes Vile Parle East an attractive location for people looking to buy or rent a property in Mumbai.

Social Amenities

One of the fueling factors why people are drawn to the flats for sale in Vile Parle is the abundance of social amenities in the area. Vile Parle East boasts a range of educational institutions, including renowned international colleges. The locality is also home to top-class hospitals such as Babasaheb Gawde and Parle Hospital, as well as smaller clinics and medical centres with quality doctors and treatment facilities.

There are also a number of recreational facilities in Vile Parle. You can also come across various shopping complexes, movie theatres, 5-star hotels, and cinema theatres. All of these amenities contribute to the high demand for real estate in Vile Parle East.

Proximity to Major Employment Hubs

Vile Parle East is a highly sought-after residential area in Mumbai that offers many features and amenities. But one of the factors that help Vile Parle stand apart is its location. The locality is located near various financial institutions and business parks like Nand Prem Complex, Prime Business Park, Zee Corporate Park, and Omkar Summit Business Bay.
And to reach all these spots, the locality also offers excellent connectivity, making daily commutes easy and quick. This is what makes it one of the most sought-after locations for young employees as well as job seekers.

Moreover, connected roadways such as Chembur Link Road and Chakala Road provide easy access to major employment hubs in Andheri East, Vikhroli, and Bandra. This makes it an ideal location for professionals who need to commute frequently for work.

Vile Parle’s Real Estate Market

Vile Parle is home to some of the finest residential buildings in Mumbai. And with an approximate average price of around Rs. 33,919 per sq. ft, it is also one of the most luxurious areas in the city as well. In recent years, the average rate here has been steadily increasing and has seen a yearly rise in the price of 12.93%. Also, it should be noted that it is a little more expensive to buy a flat in Vile Parle West as compared to the eastern suburbs. However, both areas offer great amenities, infrastructure, and other facilities.

Also, the locality’s proximity to the Chhatrapati Shivaji International Airport is one of the main reasons for the high prices of flats in the area. The airport is situated less than a kilometre away. This further makes it a highly sought-after location for frequent travellers.

Additionally, Vile Parle has several bus stops that provide easy access to other parts of the city, making it convenient for regular commuters.

Conclusion

Overall, Vile Parle is an excellent choice for anyone planning on investing in real estate in the financial capital of India. With seamless connectivity, social amenities, proximity to major employment hubs, and premium residential complexes, Vile Parle offers great value for money while offering its residents a comfortable lifestyle. Moreover, the area is known for its growth potential, making it an ideal choice for investors and homebuyers.

However, purchasing a flat is a huge undertaking. So, it is vital to pick a real estate buying platform, and Blox is the perfect place for you!

Here, you can find a complete list of all residential and commercial properties in one place, where you can view pictures, take a virtual tour, or schedule a site visit with just a few clicks. So, start exploring Blox and find your dream home today!