Prabhadevi is a prominent residential and commercial hub located in the southern part of Mumbai. Its strategic position at the heart of the western suburbs has made it a sought-after destination for both residential and commercial developments.
In recent years, the Prabhadevi residential area has transformed into a preferred address for Mumbai’s high-income group, thanks to its proximity to key commercial and business hubs such as Dadar and Worli.
At Rustomjee, we are proud to contribute to the Prabhadevi residential area and its evolution with landmark developments like Rustomjee Crown, redefining urban living in Mumbai.
Location Advantages
Prabhadevi residential area provides a plethora of location benefits, which makes it a desirable area in Mumbai. Listed below are some of the main reasons why Prabhadevi has emerged as a lucrative spot for residential and commercial projects:
- Strategic Location and Connectivity: Prabhadevi is strategically located in the heart of Mumbai, offering quick and simple connectivity to vital city locations. Its centric location provides its residents with the best of both worlds—close connectivity with some major historic, financial, and religious places and surrounded by upcoming suburban infrastructural and other key projects.
- Exponential Infrastructural Growth: Prabhadevi has witnessed fast redevelopments in and around the area with many new projects coming up. This has increased its demand and appeal and has made it an attractive investment hub for undertaking investments.
- Connectivity to Airports: Chhatrapati Shivaji International Airport is a 15-20 minute drive by car, making Prabhadevi a useful hub for tourists and foreign travellers. The domestic airport is much closer, taking 20 minutes by car. Hence, this increases the area’s connectivity for leisure and business travellers.
Real Estate Landscape
Famous for its strategic location between the western suburbs and South Mumbai, Prabhadevi has become a main spot for residential projects like Rustomjee Prabhadevi and other commercial hubs.
Below is a brief overview of the changing real estate scenario in Prabhadevi:
- Elite Target Audience: The demand for premium apartments in Prabhadevi, like Rustomjee Prabhadevi, is driven by various high-income individuals, business owners, expatriates, and wealthy executives working in the surrounding commercial spots.
- Market Conditions: Though Prabhadevi is mainly famous for its premium offerings and vibrant projects, it has an increasing number of mid-range residential apartments, particularly in old buildings or even newly built homes. Residential projects like Rustomjee Prabhadevi are typically based in well-developed regions that provide easy access to main commercial and business hubs.
Whether for investment, residential, or commercial purposes, Prabhadevi has huge potential in the short and long run. Projects like Rustomjee Crown offer elite 4 and 5 BHK apartments that have great investment potential.
Read Also: Discover Prabhadevi: The Vibrant Heart of South Mumbai Living
Lifestyle and Social Infrastructure
Prabhadevi provides a vibrant lifestyle, beautified further by its connectivity to the main business and commercial hubs, upscale living options, and vibrant community.
Here’s what the locality offers:
- Premium Living: Prabhadevi is home to some of the most reputed residential projects in Mumbai, which offer elite amenities such as swimming pools, private elevators, and gyms. Such projects are made to cater to the preferences of their residents and offer them a luxurious style of living in one of the centrally situated prime areas of Mumbai.
- Cafes and Restaurants: Prabhadevi has a wide range of premium dining spots that serve various Indian and international cuisines. Some of the popular ones include Bistro 1 Cafe and The Bombay Canteen.
- Cultural and Religious Areas: Being in close connectivity to popular cultural locations like Shivaji Park and Worli Sea Face, the residents of Prabhadevi have easy access to many recreational and traditional activities.
Future Growth Potential
The Prabhadevi residential area is an upscale spot that has huge growth potential in the coming years. This makes it one of the most sought-after real estate hubs in Mumbai.
Given below is a glimpse into the future growth prospects of Prabhadevi:
- Metro Connectivity: The Mumbai Metro Line 5 project will hugely enhance Prabhadevi’s connectivity to other major business areas like Andheri, BKC, Worli, and Lower Parel. Hence, travelling will become much easier and smarter with an increasing number of enhanced transportation facilities.
- Mumbai Coastal Road: One of Mumbai’s most vital infrastructure projects is the Coastal Road, which will provide efficient connectivity between Worli and Nariman Point. This will alleviate the time taken to travel and simplify the congestion, thus improving Prabhadevi’s accessibility and convenience.
Read Also: Best Residential Areas to Live in Mumbai | Top Localities Guide
Safety and Security
Prabhadevi is considered to be a safe and secure neighbourhood, particularly when compared to other neighbouring localities.
- Lower Crime Rate: Prabhadevi has a lower crime rate overall than other parts of the city. However, petty crimes, such as pickpocketing, might occur in crowded places, especially near public transportation, religious sites, and markets.
- Safe Apartments: The residential apartments in Prabhadevi are equipped with strong safety and security measures such as CCTV cameras, gated entries, and security guards.
- Healthcare and Well-being: Prabhadevi is close to various reputed clinics and hospitals, such as Breach Candy Hospital and Siddhivinayak Hospital, which makes it well-equipped for any medical emergencies.
Community Living
When it comes to exploring the community in Prabhadevi, there is a decent balance of well-equipped residential and commercial hubs.
- Demographics: Prabhadevi is a blend of several religions and communities, from locals to expatriates and retired people. This rich and diverse mix enhances its social fabric.
- Events and Festivities: The locals and residents celebrate various festivals like Ganesh Chaturthi, Diwali, and Gudi Padwa with great zeal and enthusiasm. The area also hosts other events and processions, bringing people closer and binding them together in a communal spirit.
Conclusion
Prabhadevi’s location between the western suburbs and South Mumbai gives it an unmatched advantage over other neighbouring areas in terms of seamless accessibility and convenience. Being brilliantly connected with some of Mumbai’s best areas, the Prabhadevi residential area offers a vibrant way of life combined with sheer class and elegance.
At Rustomjee, we take pride in creating landmark projects that redefine luxury living. Among these is Rustomjee Crown, your one-stop solution for all comfort and luxuries, offering luxurious 4 and 5-BHK properties that combine luxury, world-class amenities, and strategic connectivity. Discover your dream home today.
FAQs
- What makes Prabhadevi different from other South Mumbai areas?
Prabhadevi stands apart from other South Mumbai areas in terms of its distinct combination of affordability, location, and rapid development.
- What are the average property rates in Prabhadevi?
Property prices in Prabhadevi depend on various factors, such as location, property type, and amenities. The average price can range between Rs.18,000 and Rs.75,000 per square foot.
- Which are the best schools near Prabhadevi?
Some of the best schools around Prabhadevi are Shree H.N. Desai School, B.D.Somani International School, The Indian High School, Cathedral and John Connon School, Queen Mary School, Dhirubhai Ambani International School and Podar International School.
- How is the connectivity to business districts?
Prabhadevi enjoys brilliant connectivity to Mumbai’s main business areas, making it a great location for all types of affluent buyers. The destination is strategically placed between the western suburbs and South Mumbai, offering simple access and transportation from one area to another.
- What types of properties are available in Prabhadevi?
Prabhadevi offers several properties, including residential, commercial, penthouses, duplex homes, studio apartments, office spaces, retail spaces, co-working spaces, and other redevelopment projects.
- Is Prabhadevi a good long-term investment?
Yes, Prabhadevi is an excellent long-term investment, thanks to its strategic location, brilliant proximity, and robust capital appreciation potential. Investing in projects like Rustomjee Crown can reap great appreciative returns in the long run.
