A suburb in Andheri East, Chakala has emerged as one of the premier housing options for Mumbaikars, especially the working population, courtesy of its proximity to employment hubs and affordable living. With an area of 0.39 sq. km, the upmarket neighbourhood hosts a population of an estimated 17,479 residents. According to research studies, most buyers in the region prefer properties ranging less than ₹50 lakhs, with 1 BHK flats dominating the segment.
Offering the dual benefits of being a residential and commercial epicentre makes real estate a promising investment in Chakala. Adding another feather to the cap of the Andheri East suburb is the presence of smooth connectivity, be it road, rail, or even air. The upmarket locality is also close to tourist attractions such as Sanjay Gandhi National Park, Jogeshwari Caves, and Mahakali Caves, all within a 10km radius. Chakala has several places to relax and unwind, with plush hotels like The Leela, ITC Maratha, and Taj located within a range of 5km.
Chakala lies within a 20km radius of commercial centers like NESCO IT Hub, Film City, Mindspace, and Solitaire Corporate Park. The City’s major retail hubs, such as Pride Shopping Mall and Parle Square Mall, are within the 3-4 km range. Another significant accessibility benefit is the Andheri East suburb’s closeness to industrial epicentres Andheri MIDC and SEEPZ. Hence, many developers have a lot of exciting projects in the pipeline for the area.
Chakala offers an efficient network of roads and railways, with the Victoria Terminus railway station and Asalpha metro station connecting the post locality to other parts of the city. The Western Express Highway offers smooth connectivity when using the road as a mode of transportation. The financial capital’s Chhatrapati Shivaji Maharaj International Airport in Mumbai is a mere 3km away from the locality.
The demand for flats in Chakala Andheri East has fueled the social infrastructure development in the suburb, offering top-class social amenities in terms of education, healthcare, and leisure facilities.
Spots for leisure and entertainment
On average, the price per sq. ft of property in Chakala is approximately ₹23,883. Over the last five years, the Andheri East suburb has seen an appreciation rate of 24.3% in its prices. Therefore, investing in the upmarket locality could provide you with sizeable returns in the future.
As Chakala continues to take the real estate market by storm, let us look at some of the future government plans for the suburb.
Given its proximity to commercial and industrial centres, Chakala serves as a perfect option for working professionals when it comes to home buyers, given the abundant availability of social amenities and spacious living. Hopefully, the above blog has helped you gain an insight into how it is to live in the plush Andheri East suburb.
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Pune is the second largest city in Maharashtra by population. The rich culture, the lively entertainment scene, the robust infrastructure, and the cosmopolitan population make this a wonderful place to live. With several commercial hubs and IT parks coming up, hundreds of thousands of young professionals are moving into Pune. It is also one of the top choices for Mumbaikars to buy a second home or a retirement nest. With some of the leading developers of the country expanding their market to Pune, the residential market in the city is on a growth trajectory.
The master bedroom serves as a personal sanctuary, a retreat from the world, and its design elements play a pivotal role in creating a tranquil and functional space. Among these elements, the wardrobe stands out as a crucial component that harmonises style with efficient storage.