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Top 20 New Residential Projects in Marine Lines East, Mumbai

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About Marine Lines East, Mumbai

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.

Why Should You Invest in Marine Lines East?

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.

Price Trends of Marine Lines East

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.

Top 5 Reasons to Invest in Marine Lines East

1: Well Connectivity with Transportation

The Marine Lines East area is rich in roadways and railway connectivity linking neighbour locations.

  • Eastern Expressway Highway and Eastern Freeway provide connectivity to Thane City and Navi Mumbai.
  • The Western Express Highway links the western suburbs, such as Bhayander, Borivali, and Andheri.
  • The railway connectivity to stations like Marine Lines, Churchgate, and Charni Road within a 2 km radius.
  • Chhatrapati Shivaji Maharaj International Airport is nearly 23.1 km via the Western Express Highway.

2: Rich in Educational and Healthcare Facilities

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

3: Proximity to Business Districts

Proximity to business districts opens doors for employment. Some nearby business districts of Marine Lines East are:

  • Nariman Point is 3.8 km via Netaji Subhash Chandra Bose Rd
  • Prabhadevi is 11.4 km via Eastern Express Hwy
  • Bandra Kurla Complex is 19.1 km via Eastern Fwy

4: Upcoming Alluring Projects

The upcoming projects that add to the allure of Marine Lines East are the following:

  • One Marina by Sheth Creators & YM Infra
  • Ocean Drive by Atul Projects
  • Ocean Tower by DB Realty Pvt Ltd.
  • Sheth One Marina by Sheth Creators Pvt Ltd.

5: Steady Upliftment of Property Value

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.

FAQs

What is the PIN code of Marine Lines East?

The PIN code of Marine Lines East is 400020. It is located in South Mumbai.

What is Marine LinesEast famous for?

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.

Is Marine Lines East a good place to live?

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.

What is the cost of living in Marine Lines East?

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.

What are the current development projects in Marine Lines East?

Some of the top current development projects in Marine Lines East are mentioned in the table below:

What is the future of Marine Lines East?

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.

What are the schools in Marine Lines East?

  • Little Flower Of Jesus High School
  • Our Lady Of Dolours High School
  • Bomabai International School
  • Da Vinci Montessori, PreSchool in Marine Drive
  • Barretto High School
  • Shakuntala Kantilal Ishwarlal Jain High School

What are the hospitals in Marine Lines East?

  • Bombay Hospital & Medical Research Centre
  • Dr Saibai's Maternity Hospital
  • Gokuldas Tejpal Hospital
  • ENT Hospital
  • Saint George Hospital

What are some restaurants in Marine Lines East?

  • Pancharatna Restaurant
  • Geeta Bhavan
  • Balwas Restaurant
  • Cafe Metro Family Restaurant
  • Swagat Refreshment
  • Liberty Veg Restaurant

What are some nearby petrol Stations in Marine Lines East?

  • Indian Oil Petrol Pump
  • Bharat Petroleum Corporation Ltd
  • HP Fuel Station
  • BPCL Petrol Pump

What are some gyms in Marine Lines East?

  • Ramdas Gym
  • Body Art
  • The Green Fitness
  • Hindu Sarvajanik Gym
  • Blaze Fitness Academy

What are some famous shopping Malls in Marine Lines East?

  • Metro Plaza Market
  • Palladium Mall
  • Globus
  • Orchid City Centre Mall
  • Kalbadevi
  • Sonico Shopping Centre

What are some hotels in Marine Lines East?

  • Empire Royale Hotel
  • West End Hotel
  • Hotel AlMadina Palace
  • Hotel Fortune Mumbai
  • Hotel ADARSH BAUG
  • Hotel RS Regency

What are some nearby parks in Marine Lines East?

  • Priyadarshini Park
  • Cross Maidan Garden
  • Navjeevan Wadi Park
  • Horniman Circle Garden
  • Kamala Nehru Park
  • BMC Shri Bhagwandas Todi Children Park

What are the key attractions in Marine Lines East?

  • Chhatrapati Shivaji Maharaj Vastu Sangrahalaya
  • Churchgate
  • Gateway of India
  • Marine Drive
  • Chowpatty Beach
  • Flora Fountain

How many 1 BHKs are available in Marine Lines East?

22+ 1 BHK flats are available in Marine Lines East, including furnished and unfurnished.

How much does a 1 BHK cost in Marine Lines East?

1 BHK in Marine Lines East costs in the range of ₹2.20 Cr - ₹4.65 Cr.

What is the average size of a 1 BHK in Marine Lines East?

The average size of a 1 BHK in Marine Lines East is 450 sqft. to 700 sqft..

What is the rent of a 1 BHK in Marine Lines East?

The rent of 1 BHK in Marine Lines East lies in the range of ₹18,000 - ₹35,000.

How many 2 BHKs are available in Marine Lines East?

224 2 BHK flats are available in Marine Lines East.

How much does a 2 BHK cost in Marine Lines East?

2 BHK in Marine Lines East costs in the range of ₹3.25 Cr - ₹5.85 Cr.

What is the average size of a 2 BHK in Marine Lines East?

The average size of a 2 BHK in Marine Lines East is 600 sqft. to 1350 sqft..

What is the rent of a 2 BHK in Marine Lines East?

The rent of 2 BHK in Marine Lines East lies in the range of ₹20,000 - ₹50,000.

How many 3 BHKs are available in Marine Lines East?

4 3 BHK flats are available in Marine Lines East.

How much does a 3 BHK cost in Marine Lines East?

3 BHK flats in Marine Lines East cost in the range of ₹6.38 Cr - ₹8.96 Cr.

What is the average size of a 3 BHK in Marine Lines East?

The average size of a 3 BHK in Marine Lines East is 1400 sqft. to 2550 sqft..

What is the rent of a 3 BHK in Marine Lines East?

The rent of 3 BHK in Marine Lines East lies in the range of ₹1.5 Lac - ₹3.5 Lac.

How many 4 BHKs are available in Marine Lines East?

9+ 4 BHK flats are available in Marine Lines East.

How much does a 4 BHK cost in Marine Lines East?

4 BHK flats in Marine Lines East cost in the range of ₹10.25 Cr - ₹20.35 Cr.

What is the average size of a 4 BHK in Marine Lines East?

The average size of a 4 BHK in Marine Lines East is 2660 sqft. to 4050 sqft.

What is the rent of a 4 BHK in Marine Lines East?

The rent of 4 BHK in Marine Lines East lies in the range of ₹2.5 Lac - ₹5.5 Lac.

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