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Marine Lines East belongs to the Konkan region and acquires the most famous Wankhede Stadium and the Birla Matushree Sabhaghar Auditorium. The high-standard place has modern residences, commercial buildings, and art deco cinemas, including Metro.
The old-school Iranian cafe Kyani & Co. for tea and Mawa cakes is the preferred refreshment spot in the locality. Also, Marine Drive, the pride of Mumbai, offers the most pictorial location, offering an extravagant view of the Arabian Sea.
Marine Lines East is well-connected to the Southern section of Mumbai and is a hub of buying and selling properties among investors and householders.
Top developers like Goyal Properties and Builders, Shree Krishna Group, and Vahave made their landmarks in Marine Lines East a better place to live.
Marine Lines East is a posh area with all amenities like developed infrastructure, well-connectivity, and proximity to recreational places. The place also acquires some alluring projects of reputed builders, which are about to start in the coming years. Furthermore, it offers everything to have a stable lifestyle, including easy access to educational centres, hospitals, and business districts.
The growing market and property demand in Marine Lines East can generate good investment returns. The price rate has fluctuated over the past few years, bringing a promising return on investment and good rental yields.
Here is the statistical data to understand the price trend of Marine Lines East:
Year (April-June) | Price per Sqft |
---|---|
2019 | Rs. 61,700 |
2020 | Rs. 56,700 |
2021 | Rs. 60,400 |
2022 | Rs. 51,000 |
2023 | Rs. 55,700 |
Disclaimer: The mentioned prices above are collected from several sources which do not present the actual price of the properties. The prices may differ depending on the developers, places, and amenities.
The Marine Lines East area is rich in roadways and railway connectivity linking neighbour locations.
Marine Lines East offers various reputed educational and healthcare centres and popular recreational places. Here are some institutions and businesses:
Educational Institutions | Healthcare Institutions | Recreational Places |
---|---|---|
St Xavier's College | Breach Candy Hospital | Marine Drive |
Aditya Birla World Academy | Sir HN Reliance Foundation Hospital and Research Centre | Gateway of India(3.5 km) |
College of Home Science, Nirmala Niketan | Lady Ratan Tata Medical and Research Centre | Wankhede Stadium |
PVDT College of education for women | Bombay hospital and medical research centre | Chhatrapati Shivaji Maharaj Vastu Sangrahalaya |
Elphinstone College | Saibai's maternity hospital | Churchgate |
Proximity to business districts opens doors for employment. Some nearby business districts of Marine Lines East are:
The upcoming projects that add to the allure of Marine Lines East are the following:
As per the data, the property value in Marine Lines East has experienced ups and downs in price. However, the experts advise that the upsurging demand will further increase the property rates in Marine Lines East. Notably, the property fluctuated by 9.4 % since the last year and by -4.3 % in the last three years.
The PIN code of Marine Lines East is 400020. It is located in South Mumbai.
Marine Lines East has many attractions, and notably, the Mumba Devi temple, Wankhade Stadium and Birla Matushree Sabhaghar Auditorium are among those. It's also rich in shopping hubs. Metro Plaza Market, Palladium Mall, Globus, Orchid City Centre Mall, etc., are popular shopping malls in Marine Lines East.
Furthermore, the nearby must-visit place, Marine Drive, acquires one of the finest Art Deco Residential Buildings facing the sea, another key attraction of the locality.
Marine Lines East is a popular residential area that offers various commercial hubs. Nearness to Nariman Point, a commercial hub, offers ample job opportunities.
The locality can be accessed by roads via Mohammed Ali Road. Also, the Eastern Expressway and Eastern Freeway are the two transportation ways. Hence, it provides good connectivity in daily life.
The nearby educational centres and hospitals will fulfil your educational and healthcare needs. Little Flower Of Jesus High School, Our Lady Of Dolours High School, Bomabai International School, Bombay Hospital & Medical Research Centre, and Dr Saibai's Maternity Hospital are some of the top schools and hospitals in Marine Lines East.
You can get a luxurious sea-facing apartment here, which will make you relax every time.
For 1 BHK, the rent in Marine Lines East is approximately ₹18k, for 2 BHK, it's ₹60k, and for 3 BHK, it's ₹1Lac.
Some of the top current development projects in Marine Lines East are mentioned in the table below:
Marine Lines East will be more polished in the future. The Mumbai Metro's under-construction Aqua Line (Line 3) will provide easy access to Cuffe Parade, BKC, SEEPZ, and Aarey Colony. It is said that this way will aid the connectivity of Marine Lines East.
Furthermore, an underground tunnel between Marine Drive and the Eastern Freeway is about to be constructed soon. The Mumbai Metropolitan Region Development Authority has approved this 6500 crore project. As per the reports, the tunnel will reduce the travel time to 10 minutes.
22+ 1 BHK flats are available in Marine Lines East, including furnished and unfurnished.
1 BHK in Marine Lines East costs in the range of ₹2.20 Cr - ₹4.65 Cr.
The average size of a 1 BHK in Marine Lines East is 450 sqft. to 700 sqft..
The rent of 1 BHK in Marine Lines East lies in the range of ₹18,000 - ₹35,000.
224 2 BHK flats are available in Marine Lines East.
2 BHK in Marine Lines East costs in the range of ₹3.25 Cr - ₹5.85 Cr.
The average size of a 2 BHK in Marine Lines East is 600 sqft. to 1350 sqft..
The rent of 2 BHK in Marine Lines East lies in the range of ₹20,000 - ₹50,000.
4 3 BHK flats are available in Marine Lines East.
3 BHK flats in Marine Lines East cost in the range of ₹6.38 Cr - ₹8.96 Cr.
The average size of a 3 BHK in Marine Lines East is 1400 sqft. to 2550 sqft..
The rent of 3 BHK in Marine Lines East lies in the range of ₹1.5 Lac - ₹3.5 Lac.
9+ 4 BHK flats are available in Marine Lines East.
4 BHK flats in Marine Lines East cost in the range of ₹10.25 Cr - ₹20.35 Cr.
The average size of a 4 BHK in Marine Lines East is 2660 sqft. to 4050 sqft.
The rent of 4 BHK in Marine Lines East lies in the range of ₹2.5 Lac - ₹5.5 Lac.
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