Bhandup is among one of the oldest suburbs in Mumbai City, Maharashtra, India. This name came from the old tample Bhandupeshwar of Lord Mahadev. This suburb is a destination known for having famous lake Shivaji Lake/Shivaji Talao. The first suburb in India to have Railway Station built and the locality is parted in Bhandup East and Bhandup West. Bhandup West is highly developed than the East Part. From a dense forest region to a real estate development destination, Bhandup has seen a huge transformation by bringing residential options within and nearby which includes - Suyog Jeevan Anand in Bhandup West, Swaroop Marvel Gold in Bhandup West, Marathon Neohills in Bhandup West, Ariisto Codename Big Boom in Mulund, Runwal Greens Mulund West, Piramal Revanta Mulund West, Oberoi Enigma Mulund etc.
Bhandup is Mumbai's one of the most sought after suburbs after The Prince of suburb Mulund. It is a hotspot for buying affordable and modern homes in posh localities like Lokmanya Nagar, Valmik Nagar, Kaju Tekdi and Bhatti Pada. Marathon Realty is the most admired real estate firm in Bhandup as well as in Mulund. It is pvt ltd company. Marathon Realty has undertaken plan to develop more than 100 acres of project in Bhandup where 16 acres are already in pipeline and 2 acres is under development stage.
If you are still unsure over picking right property of active lifestyle with less burden of maintenance costs. In Bhandup West Marathon Realty has one of its ongoing residential projects named Marathon Neohomes Neohills. Marathon Neohills is located near Tembhi Pada. Neohills is a smart development for new generation with the typologies of 1 RKs and 1 BHKs. Studio size apartments are available at 45 lacs with unit size of 197 sq.ft and one bed apartments starting at 59 lacs for unit size of 323 sq.ft. What makes this project as the prominent one are smartly executed floor plans, quality construction material used, engaging amenities, great pricing, and flexible payment option.
This location has proven to be one of the demanding and good suburbs for investment because of its reasonable property prices, presence of connectivity and social infrastructure. For a modern Mumbaikar and non-mumbaikar locations like Bhandup, Mulund, Thane, Panvel, Powai, Bandra, Chembur and many other locations as such have become more priority to buy dream home that enables you all important facilities within the residential complex/township. Many high-rise residential towers are getting built up in these locations with excellent structure, property type you want and most importantly that fits your budget are the factors positively affecting realty market of Bhandup. Some most promising builders like Runwal, Shapoorji Pallonji, Marathon, Kalpataru, Shraddha Landmark, HDIL, Godrej Properties and Suyog Group are gradually coming up with more projects to cater needs of people for owing affordable flats in Mumbai.
Bhandup will see tremendous growth in coming years. Bhandup is directly connected to peaceful and greenery places like Bhivpuri Waterfall, Matheran Hill Station, Matheran has too many attractions to it like Charlotte Lake, Louisa Point, Irshalgad Fort, Rambagh Point, Echo Point, One Tree Hill Point, Mount Barry, Hart Point etc. These places are mostly preferred as one day picnic or weekend spots. For spending your weekend you may have to travel a bit nevertheless it offers you direct and easy access to different places within a short time. For sightseeing you can visit places like Marine Drive, Gateway of India, the important railway stations like Chhatrapati Shivaji Maharaj Terminus (CSMT) is 26 Kilometres from Bhandup through railway and 35 Kilometres from the Road, from The Lokmanya Tilak Terminus (LTT) located in Kurla is 10 to 15 Kilometres from Road and Railway, Mumbai International Airport is at distance 19 Kilometres and you can take auto rickshaw, cab or buses to reach these locations.
Bhandup West is a beautiful locality to reside near popular shopping malls like Dreams Mall, Neptune Magnet Mall and R Mall. For employment it has Bhandup Industrial Area, Ackruti Corporate Park and others. The key amenities and facilities includes best colleges and schools (St Xavier's High School & Jr. College, Cosmos English School, NES School & Jr. College, Pawar Public School, G.S Shetty International School, Ramanand Arya D. A. V. College, V. K. Krishna Menon College of Commerce and Economics & Science and Ratnam College of Arts, Science & Commerce), more than 10 well established and multispecialty hospitals (Apollo Hospital, Fortis Hospital, Lotus Multispecialty Hospital and Vardhaman Hospital & ICCU), for entertainment Carnival Cinemas, Mumbai Cinepolis, PVR Cinema and Cinemax in R Mall., Banks & ATMs and a many more.
Transportation Facilities - The connectivity of the location through Goregaon Mulund Link Road will enhance and make it easy to commute from one location to another, keeps you connected small scale, large scale business areas and recreational zones. The Eastern Express Highway is in proximity to Bhandup. In Bhandup West you can find some noteworthy industries like Ceat Tyres, The Indian Smelting and Refining Company Ltd, BASF, Crompton Greaves Ltd and Asian Paints. Earlier there were many polluting industries in Bhandup and that have shifted from Bhandup which led to have more redevelopment land for commercial and residential projects.
Property Prices - Property rates of per sq.ft in this locality start at Rs. 11,570 to 18,400 in Bhandup West while Bhandup East property rates range between Rs. 12170 to Rs. 17700. In Bhandup there is huge demand for 1 BHK and 2 BHK residences, if you are looking to buy a good 1 BHK flat then go by keeping budget of 85 to 89 lakhs(average) and 2 BHK flats start at Rs. 1.54 Cr. (Average). At LBS marg Godrej Properties and Ador Group to build up a residential project in Bhandup over 6+ acres of land. Both of the firms are Mumbai based. The land parcel is owned by Ador group and this future development will have good impact on the physical infrastructure of Bhandup West.