Exploring Real Estate Opportunities in Bandra East

One of the busiest neighbourhoods in the financial capital, Bandra East is known for its high standard of living, with some of the most affluent personalities residing in the posh locality. It is also the traditional or older part of Bandra, with its demography mainly comprising working-class families, retirees, and students. The coastal suburb of Mumbai also consists of vibrant street markets, followed by luxury hotels, malls, restaurants, and other recreational centres. 

Bandra East is well-connected with other parts of Mumbai and MMR cities like Thane and Navi Mumbai, with a rapid road and rail system. Regarded as one of the luxury localities, the current price per sq. foot stands at an exorbitant ₹39,264, approximately, with last year’s appreciation rate being 21.92%. The average rental prices of the locality have skyrocketed over the years and are currently estimated to be ₹1 lakh. For example, a 1BHK flat in Bandra East’s plush Antariksh Passcode will cost you a minimum ₹1.19 crores. Other features include the eastern region of Bandra, having a population of 1.5 lakhs and an area of 5.72 sq. km. 

Nevertheless, Bandra East remains a top destination for exploring real estate opportunities, with some of the reasons being the following.

1. Benefits of location

Bandra East is a cosmopolitan locality that offers efficient connectivity and some of the best facilities in the Maximum City. Strategically bordered by areas like Kurla, Khar, Dadar, Matunga, and Santa Cruz, it helps ease commuting in the otherwise congested city. Proximity to one of the country’s biggest commercial hubs, Bandra Kurla Complex (BKC) and Kamala Mills, serves as yet another advantage for the coastal suburb.

2. Great Connectivity

In proximity to the Bandra Railway Station, on the western and harbour line. Located at a distance of 5km from the Chhatrapati Shivaji Maharaj International Airport. It connects to the Kurla Termius, Western Express, and Eastern Express Highway. Not to forget the Bandra-Worli Sea Link, one of the city’s most prestigious projects, a landmark of Mumbai’s coastal landscape. 

3. Top-class social infrastructure

For those concerned about their child’s education or the health of older adults at home, Bandra East offers some of the city’s best schools, colleges, and medical centres, along with religious sites, office parks, and recreational spaces. 

Schools/Colleges

• Mount Litera School International
• Dhirubhai Ambani International School 
• American School of Bombay
• Indian Education Society’s Junior College
• Chetna College
• Kaiser College of Commerce

Medical Centres

• Guru Nanak Hospital    
• Smile Invent Dental Clinic    
• Shivam Nursing Home    
• Mahim Police Hospital    
• Sai Sanjeevani Hospital
• Tejas Eye Clinic    
• Nandini Eye Care Centre    
• Shakuntal- Chitra Nursing Home    
• Laxmi Surgical Clinic    

Corporate Parks

• Mirchandani Business Park    
• Pinnacle Business Park    
• Raiaskaran Tech Park    
• Leela Business Park    
• Powai Supreme Business Park    
• Hiranandani Business Park
• Neelkanth Business Park    
• Neelkanth Corporate IT Park    

Religious Sites

• Ram Mandir
• Shiv Mandir
• Sai Baba Temple
• Church of St. Joseph The Worker
• Makhdoom Ali Shah Mahimi Dargah

Recreational Centres

• Jio World Garden
• Globus Mall
• Galaxy Cinema
• Gaiety Cinema

4. Upcoming infrastructure projects

The upcoming Coastal Road will help ease the traffic in the suburbs to a considerable extent. Currently under construction, the metro corridor, Bandra-Kurla-Mankhurd will increase connectivity and boost real estate development. Along this corridor is the Mumbai Metro Line 2, connecting Colaba to SEEPZ, helping Mumbai's overall connectivity. 

5. Strong investment potential

There is no doubt that Bandra has been one of the most prominent players in Mumbai’s real estate market, given its location, connectivity, and top-class amenities. Over the past 5-years, Bandra East has witnessed a soaring appreciation rate, evident from its statistic of a 43% increase in property prices. 

There are plenty of real estate opportunities in Bandra East, with some top developers having the following exciting projects in the lineup.

• Antariksh Passcode Belong to Bandra: Opposite colgate maidan, the upcoming realty project offers 1BHK and 2BHK flats, starting at ₹1.19 crores, with a RERA registered area between 409-656 sq. ft. Some of the property’s amenities include a luxurious clubhouse, spa, gymnasium, large green spaces, and swimming pool, to name a few.
• Kalpataru Magnus: Based in Gandhi Nagar, the premium residential project offers 4BHK and 5BHK flats with a starting price of ₹5.03 crores and a RERA registered carpet area between 1121-1945 sq. ft, having amenities like a clubhouse, swimming pool, kids playing area, spa, and a party lawn. 
• Rustomjee Erika: To be ready to move by December 2025, the luxury real estate brand has 2 BHK flats as its offering, with a starting price of ₹2.91 crores and RERA registered carpet area between 615-620 sq. ft. Some of its amenities being a luxurious clubhouse, 24x7 CCTV surveillance, library/business centre, and multipurpose hall. 

Conclusion

Bandra East undoubtedly has a lot to offer in the coming years. However, the affluent neighbourhood requires extensive capital investment to yield surplus results.