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Malabar Hills is a hillock in South Mumbai, known as the location of the Walkeshwar Temple and is surrounded by Napean Sea Road, Walkeshwar and Kemps Corner.
Malabar Hills is among the most expensive Mumbai areas, where the rich prefer to live. This exclusive residential neighbourhood houses some of the city's most luxurious residences, including the CM's Bungalow, Jindal's Residence, and State VVIP's Guest House.
Surrounded by the Arabian Sea and famous for the seaside Chowpatty, Malabar Hills is connected to mainland Mumbai via Napean Sea Road. The area has wonderful tourist attractions, including Hanging Gardens, Mani Bhavan Gandhi Museum, Babulnath Temple, and Priyadarshini Park.
Investment in Malabar Hills brings the benefits of price appreciation and massive returns. Real estate in the Malabar Hills area consists of various residential, commercial, industrial, and office properties. The prices in Malabar Hills have always been on the top due to the VIP value, high demand and the posh environment. In the past 5 years, the apartment rates in Malabar Hills witnessed a surge of 7.2%.
The presence of top builders makes Malabar Hills the top choice of many investors. Lodha, Kalpataru, Runwal, Hubtown, The Wadhwa Group, Arkade Group, Mittal Builders and Lokhandwala Constructions are the premium builders of the neighbourhood.
Here is statistical data to understand the price trend in Malabar Hills, Mumbai:
Year | Price/Sq ft. |
---|---|
2019 | Rs. 72,700 |
2020 | Rs. 75,700 |
2021 | Rs. 75,100 |
2022 | Rs. 74.400 |
2023 | Rs. 75,150 |
Disclaimer: All the prices mentioned above are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary per the developer, location, and amenities.
Malabar Hills is often referred to as a famous tourist hub that houses top attractions. Hanging Gardens, Walkeshwar Temple, Banganga Tank, Babulnath Mandir Temple, Priyadarshini Park and Babu Amichand Panalal Jain Temple are eminent attractions in the region
Malabar Hill is one of the most exclusive residential areas in Mumbai. It is home to several business tycoons and film personalities.
Renowned residents include Adi Godrej, Radhakishan Damani, Chandrasekaran Natarajan, Cyrus Broacha, The Birla family, Shashi Ruia and family, Pallonji Mistry, The Jindal family, The Petit family, The Shah family, The Sanghvi family, The Bilakhia family, and The Thakkar family. Even the Chief Minister of Maharashtra lives in this luxurious locality, alongside other famous personalities.
Malabar Hills is well-known for its aesthetic and fulfilling social infrastructure. It features leading schools, shopping centres, hospitals, business hubs, hotels, dining options and entertainment zones. Some of the social amenities are mentioned below:
Renowned Schools | Healthcare Centres | Entertainment Zones |
---|---|---|
Gopi Birla Memorial School | Desa Hospital | Apsara Mall |
Nrp Sheth Multipurpose High School | Smt Motiben B Dalvi Hospital | CB Shopping Mall |
Hill Granage High School Tardeo | Babulnath Hospital | Paramount Cafe |
The Cathedral & John Connon Infant School | Woman Care Hospita | Malabar Hill Club |
Edubridge International School | St Elizabeth Hospital | Happy House Kitchen |
The PIN code of Malabar Hills is 400006. It is located in South Mumbai.
Malabar Hill is known for its posh residential neighbourhood. It is the home to several business tycoons, film personalities and government officials. The area is known for its high-end luxury apartments and homes, which are expensive and sought after by the affluent of the city. Prominent landmarks include the Governor and Chief Minister's Bungalow. It also houses tourist attractions like the Hanging Gardens, Jain Temple, and Banganga Tank.
Malabar Hill is considered one of the best localities of Mumbai at a peaceful location. It is close to numerous renowned schools, colleges and hospitals. Smt Motiben B Dalvi Hospital, St. Elizabeth Hospital, Woman Care Hospital and Babulnath Hospital are a few nearby hospitals.
Malabar Hills offer seamless connectivity to and out of Mumbai via road, air and railway networks. Also, Malabar Hill is not just the most posh area in Mumbai but India's exclusive residential address, where most residents are billionaires and millionaires
For 1 BHK, the rent in Malabar Hills is approximately ₹70,372; for 2 BHK, it's ₹1.1 Lac; for 3 BHK, it's ₹3 Lac.
Some of the top current development projects in Malabar Hills are mentioned in the table below:
Malabar Hills will be a brighter locale in the coming years. Recently, Birla Estates has acquired land in the locale to develop residential projects. A new RERA-approved project by Kalpataru Hills is coming up in Malabar Hills. With these upcoming developments, Malabar Hills will be another name for comfort and luxury in the coming years
2+ 1 BHK flats are available in Malabar Hills, including furnished and unfurnished.
1 BHK in Malabar Hills costs in the range of ₹1.82 Cr - ₹3.90 Cr.
The average size of a 1 BHK in Malabar Hills is 442 sqft. - 700 sqft.
The rent of 1 BHK in Malabar Hills lies in the range of ₹31,372 - ₹55,821..
1 2 BHK flats are available in Malabar Hills.
2 BHK in Malabar Hills costs in the range of ₹2.5 Cr - ₹5.31 Cr.
The average size of a 2 BHK in Malabar Hills is 850 sqft. - 1322 sqft.
The rent of 2 BHK in Malabar Hills lies in the range of ₹1.1 Lac - ₹2.3 Lac.
3 3 BHK flats are available in Malabar Hills.
3 BHK flats in Malabar Hills cost in the range of ₹5.91 Cr - ₹10.33 Cr.
The average size of a 3 BHK in Malabar Hills is 800 sqft. - 2020 sqft.
The rent of 3 BHK in Malabar Hills lies in the range of ₹3 Lac - ₹5.5 Lac.
1 4 BHK flats are available in Malabar Hills.
4 BHK flats in Malabar Hills cost in the range of ₹13.95 Cr - ₹28.35 Cr.
The average size of a 4 BHK in Malabar Hills is 2500 sqft. - 5070 sqft
The rent of 4 BHK in Malabar Hills lies in the range of ₹3.9 Lac - ₹8.2 Lac.
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