Malabar Hill, an isolated residential hub away from the hustle and bustle of the city, is the right place for you to live peacefully. This neighbourhood of the city of Mumbai is situated on a small hillock. The entire area is filled with majestic views and shaded with greenery. Moreover, this place has impressive houses to give you comfort and peace altogether.
Offering great scenery, the South Mumbai neighbourhood is an ideal place to take your car or two-wheeler for a stroll, helping you relax and rejuvenate from the otherwise bustling neighbourhoods of the commercial capital.
Mumbaikars call it an ideal destination for living a serene and peaceful life. But what else makes this place unique? Let’s find that out further in this blog!
Where is Malabar Hill? What Kind of Locality is it?
Malabar Hill is a luxury and posh locality in the South Mumbai region. This locality is around the Napean Sea Road, Walkeshwar and Kemps Corner. The residents of this locality rate this place 5/5 in terms of connectivity and safety.
It is considered the most expensive area of Mumbai, where the richie rich prefer to live. The average pricing for the upmarket neighbourhood is around Rs 62,000 per sq. ft. The maximum pricing of flats in Malabar Hill Mumbai has surpassed the bar of Rs. 1,00,000 per sq. ft. The amount you pay for properties here is worth the value you get in exchange.
Most people buy their houses in Malabar Hill with the intention of living a peaceful, comfortable retirement life. There is almost everything you need to live an astoundingly rejuvenated life. There are hanging gardens, seaside Chowpatty, temples, parks and much more. Even the Chief Minister of Maharashtra lives in this luxurious locality, alongside other famous personalities.
The Physical Architecture and Social Amenities are Top-Notch
The place is well-known for its peaceful surroundings and lifestyle. But the authority's focus has also been directed towards improving the overall architecture of this locality. There are many social amenities out here alongside the aesthetic and fulfilling physical infrastructure.
Some of the popular social and physical infrastructure facilities in Malabar Hill are:
· SP Jain School
· Casa Montessori
· Hill Grange High School Tardeo
· St. Elizabeth’s Hospital
· Desa’s Hospital
· Girgaon Metro Station
· Grant Road Metro Station
· Charni Road Metro Station
· Chandralok
· Palladium Mall
· Cr2 Mall
You are nowhere deprived of any infrastructure or recreational facilities in Malabar Hill. Apart from these landmarks, you are also close to other posh localities of Mumbai, namely Cuffe Parade CBD and Nariman Point. They are the closest business hubs, within the distance of just 8 km from Malabar Hill.
Most residents prefer driving their cars to different places around the city. And even if you use public transportation, you will find it mostly clean and maintained. Living in Malabar Hill also keeps you close to Chowpatty Beach and Marine Drive, just 5 km away.
The significant factor that contributes to the peaceful lifestyle in Malabar Hill is its population. As per statistics by GeoIQ, the total population of Malabar Hill is only 50,720. Of them, 26,421 residents are male, whereas 24,299 are female.
Not everyone can afford a house in Malabar Hill; otherwise, it would have been as crowded as other parts of Mumbai. Hence, this is one factor that has maintained the USP of this place, i.e., peaceful living.
A House in Malabar Hill is the Epitome of Living a Luxury and Tranquil Life!
You are never too far from the city, yet you are at the peace you constantly desire. If you dream of buying a perfect retirement home in Mumbai, then Malabar Hill is the locality you should look for.
If you are confused about where to find the best possible deals yourself without the need to pay charges to the brokers, then Blox is at your service. Your one-stop platform allows you to specify the budget, location and property type to easily filter out the suitable flats in Malabar Hill, Mumbai.
If you have any preference regarding property developers, you can also filter out the same. When you find the property within your budget, which defines the luxury you want in your dream retirement home, book the site visit. With Blox, your home-buying journey will be streamlined!
Conclusion
Undoubtedly, there is no disruption of peace and happy livelihood in Malabar Hill, Mumbai. But apart from this evident reason, people also consider investing in these properties because they constantly appreciate real estate rates. Hence, Malabar Hill is also an ideal locality with rich investment opportunities.
Irrespective of your point of view on purchasing a property in Malabar Hill, it is a win-win deal. Hopefully, the blog has delivered its purpose of providing you with in-depth knowledge of the SoBo neighbourhood.
