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Top 20 New Residential Projects in Prabhadevi, Mumbai

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About Prabhadevi, Mumbai

Prabhadevi is a residential area located in the Southern part of Mumbai. Prabhadevi is surrounded by Dadar from the North, Worli from the South, and the Arabian Sea from the West. Prabhadevi, the place's name, is derived from the Prabhavati Temple, which is situated in the locality.

The locale is stretched over 1.33 square kilometres, with the closest point to the shore of Mahim Bay. Some of the main streets in this area are Dr Annie Besant Road, Khan Abdul Gaffar Khan Marg, and Prabhadevi New Road.

Prabhadevi is known for the famous Siddhi Vinayak Ganesh temple and is visited by lakhs of tourists annually. Famous educational institutions in the vicinity include Sri Narayana Guru Central School, Ryan Global School, Little More Preschool, Chamber Karnataka Night College, and National Management Research Institute.

Properties in Prabhadevi are available in diverse varieties, including apartments, studio apartments, cottages, villas, and duplexes. The flats available here are in 1 to 5 BHK configurations with sizes up to 10,000 to 15,000 sq.ft.

Why Should You Invest in Prabhadevi?

Investing in Prabhadevi promises a rich abundance of tourist attractions. Prabhadevi is home to notable sites like Bandra-Worli Sea Link, Siddhivinayak Temple, Shivaji Park, Nipponzan Myohoji Budha Temple, Shree Ambe Devi Mandir and Jijamata Udyan.

Prabhadevi can also bring an attractive rental income with its high demand due to its central location, proximity to business hubs, and excellent connectivity. The average monthly rent ranges from Rs. 43,600 to Rs.13,34,000 in Prabhadevi. Vinayak Aangan, 25 South, and Sheth Beaumonde are popular tenant housing projects. Projects offering the highest annual rental yield in Prabhadevi include Aristo Pearl Residency and Sumer Trinity Towers.

Price Trends of Prabhadevi

Here is statistical data to understand the price trend in Prabhadevi, Mumbai:

Year (April-June) Price/Sq ft
2019 Rs. 52,000
2020 Rs. 43,850
2021 Rs. 47,750
2022 Rs. 52,500
2023 Rs. 52,500

Disclaimer: All the above-mentioned prices are based on the data collected from different sources and does not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Prabhadevi

1: Seamless Network

Prabhadevi is well connected by various modes of network: road network, railway, buses, taxis, airways, local trains and metros.

  • Prabhadevi is located along the Arabian Seashore, only 1 km from Bandra-Worli Sea Link.
  • The area is well-connected with nearby railway stations like Mumbai Elphinstone (1.39 km).
  • High Street Phoenix and Palladium Mall are popular shopping hubs within a 5 km radius.
  • The locale is about 15 km from Chhatrapati Shivaji Maharaj International Airport.
  • Presence of major industries and offices on the SVS Road in the vicinity.

2: Well-Developed Infrastructure

Prabhadevi stands out when it comes to a well developed infrastructure with the presence of high rise commercial complexes, schools, hospitals, shopping centres and recreational facilities.

Superior Schools Health Facilities Entertainment & Recreation
Convent Girls High School Spectrum Health Care Trupt Potoba
Prabhadevi Municipal Primary School Dr Gandhi Nursing Home Tamnak Thai
ABA College of Law Sane Hursing Home Shiro Restaurant
Sunrise Play School Centre Nursing Home Tryst Night Club
Pragati School Southern Cross Fertility Xxo(The St Regis Mumbai)

3: Presence of Supreme Residential Projects

  • Wadhwa 25 South
  • Rustomjee Crown
  • Kalpataru Gaurav
  • Ajmera Classique
  • Rustomjee Crown Phase 2
  • Kalpataru Antariksh
  • Pioneer The Mariano
  • Lodha Grandeur

4: Celebrity Residences

Prabhadevi is a home to many bollywood celebrities including:

  • Ranveer Singh
  • Deepika Padukone
  • Kishori Amonkar
  • Sulochana Latkar
  • Kunal Vijaykar
  • Anurag Vaidya

5: Operating Developers in the Locale

  • Lodha
  • Kalpataru
  • CGHS Group
  • Rustomjee
  • Hubtown
  • The Wadhwa Group
  • Raheja Universal
  • Ajmera
  • DB Realty
  • Mangal Murti

FAQs

What is the PIN code of Prabhadevi?

Prabhadevi is situated in the Southern part of Mumbai. The PIN code of this locality is 400025.

What is Prabhadevi famous for?

Prabhadevi is largely a residential area with newly built apartments and high rises. It is known for one of the most important landmarks, Siddhivinayak Temple, which attracts thousands of devotees daily. Additionally, it is known for its dominant location, situated between the neighbourhood of Dadar and Worli, making it popular as a commercial hub.

Is Prabhadevi a good place to live?

Prabhadevi is indeed a very nice place to live. It features dominant schools, modern health infra, close proximity to business districts, modern amenities and seamless connectivity via the National Highway. Major establishments are located here, including the Canadian Consulate General in Mumbai, Knight Frank, and Lobo Staffing Solutions. The location is the closest point to the shore of Mahim Bay, too.

What is the cost of living in Prabhadevi ?

For 1 BHK, the rent in Prabhadevi is approximately ₹20 K - ₹45 k; for 2 BHK, it's ₹50 K - ₹1 Lac; for 3 BHK, it's ₹1 Lac - ₹1.8 Lac.

What are the current development projects in Prabhadevi ?

What is the future of Prabhadevi ?

The future of Prabhadevi looks quite dynamic as both a residential and commercial hub. With the prime location between the business districts of Lower Parel and Worli, Prabhadevi is witnessing many significant infrastructural developments, including the HSRDC project, which is being carried out to develop roads in this area.

What are the top schools in Prabhadevi ?

  • Prabhadevi Municipal School
  • ABA College of Law
  • Sunrise Play School
  • Pragati School
  • Government Technical High School & Jr. College Dadar
  • Sasmira's Institute of Man-made Textiles
  • Kohinoor College of Hospitality Management & Tourism Studies
  • The Learning Curve Worli
  • Kamaladevi Gobindram Tahiliani High School
  • Simmba Daycare and Kindergarten

What are the best hospitals in Prabhadevi ?

  • Swami Samarth
  • Life-n-Care Drug Stores
  • Mahavir Medical and General Store
  • Vipul Chemist
  • Siddhi Medico
  • Tata Memorial Hospital
  • King Edward Memorial Hospital
  • Global Hospital. (Mumbai)
  • P. D. Hinduja Hospital & Medical Research Centre
  • Ayushakti Ayurved Health Centre

What are the top restaurants in Prabhadevi ?

  • Hotel Malvan Kinara
  • Flavors
  • Flavours Restaurant
  • Trupt Potoba
  • Tamnak Thai
  • Shiro Restaurant
  • Tryst Night Club
  • Xxo (The St Regis Mumbai)
  • Hard Rock Cafe
  • TLD

What are the closest petrol stations in Prabhadevi ?

  • HP Fuel Station
  • Indian Oil
  • Cadell Auto Services
  • National Petrol Company BPCL
  • Ravi Auto Services
  • Bharat Petroleum Corporation
  • HP Petrol Pump
  • PUC
  • Super Service Station
  • Bombay Petroleums

What are the best gyms in Prabhadevi ?

  • Cult Gym
  • UFC Gym
  • Anytime Fitness
  • Transform Gym
  • Deva Fitness Gym
  • 6262 Fitness
  • Swami Samartha Gym
  • My Dream Fitness Centre
  • Midtown Fitness
  • Powerhouse Gym

What are the best shopping malls in Prabhadevi ?

  • Praba Vidu
  • Centuary Bhavan
  • Veera
  • Phoenix Palladium
  • Jio Digital Mart
  • Nakshatra Mall
  • Prime Eximus
  • Heni Frigo
  • Pacific Plaza
  • Broadway Shopping Center

What are the top hotels in Prabhadevi ?

  • Hotel Amigo
  • Hotel Midtown Pritam
  • Hotel Bawa Regency
  • Ramee Guestline
  • Hotel City Point
  • Hotel Ameya
  • Hotel Plaza Rooms
  • Sharda Lodge
  • Hotel Kohinoor Park
  • ITC Grand Centra

What are the nearest parks in Prabhadevi ?

  • Shivaji Park
  • Kai. Rajbhau Salvi Manoranjan Udyan
  • Datta Raul Maidan
  • Tiger Butterfly
  • Dalal Park
  • Vissanji Park
  • Veer Baji Prabhu Udyan
  • Prof. BN Vaidya Udyan
  • Pramod Mahajan Kala Udyan
  • Entrance BMC Park

What are the top attractions in Prabhadevi ?

  • Nehru Planeterium
  • Nehru Centre
  • Atria Mall
  • Nipponzan Myohoji Budha Temple
  • Shree Ambe Devi Mandir
  • Orca Dive Club
  • Tulika Arts Gallery
  • Jijamata Udyan
  • Shashi Coastal Treat
  • National Book Trust

How many 1 BHKs are available in Prabhadevi?

1 1 BHK flats are available in Prabhadevi, including furnished and unfurnished.

How much does a 1 BHK cost in Prabhadevi?

1 BHK in Prabhadevi costs in the range of ₹90 Lac - ₹1.8 Cr.

What is the average size of a 1 BHK in Prabhadevi?

The average size of 1 BHK in Prabhadevi is 390 sq. ft. - 580 sq. ft..

What is the rent of a 1 BHK in Prabhadevi?

The rent of 1 BHK in Prabhadevi lies in the range of ₹20 K - ₹45 k.

How many 2 BHKs are available in Prabhadevi?

3 2 BHK flats are available in Prabhadevi.

How much does a 2 BHK cost in Prabhadevi?

2 BHK in Prabhadevi costs in the range of ₹1.9 Cr - ₹3.5 Cr .

What is the average size of a 2 BHK in Prabhadevi?

The average size of 2 BHK in Prabhadevi is 600 sq. ft. - 885 sq. ft..

What is the rent of a 2 BHK in Prabhadevi?

The rent of 2 BHK in Prabhadevi lies in the range of ₹50 K - ₹1 Lac.

How many 3 BHKs are available in Prabhadevi?

6 3 BHK flats are available in Prabhadevi.

How much does a 3 BHK cost in Prabhadevi?

3 BHK flats in Prabhadevi cost in the range of ₹3.7 Cr - ₹5 Cr .

What is the average size of a 3 BHK in Prabhadevi?

The average size of a 3 BHK in Prabhadevi is 900 sq. ft. - 1100 sq. ft..

What is the rent of a 3 BHK in Prabhadevi?

The rent of 3 BHK in Prabhadevi lies in the range of ₹1 Lac - ₹1.8 Lac.

How many 4 BHKs are available in Prabhadevi?

2 4 BHK flats are available in Prabhadevi.

How much does a 4 BHK cost in Prabhadevi?

4 BHK flats in Prabhadevi cost in the range of ₹8 Cr - ₹11 Cr .

What is the average size of a 4 BHK in Prabhadevi?

The average size of a 4 BHK in Prabhadevi is 1250 sq. ft. - 1888 sq. ft..

What is the rent of a 4 BHK in Prabhadevi?

The rent of 4 BHK in Prabhadevi lies in the range of ₹2 Lac - ₹3.5 Lac.

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