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Top 20 New Residential Projects in Mazgaon, Mumbai

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About Mazgaon, Mumbai

Mazgaon, situated in South Mumbai, is a premium neighbourhood known for its high-quality living. It's historically significant, being one of the original seven islands that formed Mumbai. The area boasts charming Portuguese-styled properties and buildings. Notable attractions include the Bhau Daji Lad Museum, Talao Pali Lake, the Magen David Synagogue, Gloria Church, and the Mumbai GPO.

Leading developers like Tata Housing, Hubtown Limited, and Lokhandwala Infrastructure have premium projects in this area, with 2 BHK units being the dominant type. Excellent connectivity is ensured by the proximity to both the Eastern Freeway and Eastern Express Highway. Mazgaon is also home to esteemed local schools such as Rosary High School, St. Mary's School, and St. Peter's School.

Why Should You Invest in Mazgaon?

Investing in Mazgaon offers the potential for substantial rental income and property value appreciation. This area has become a rental hub due to its proximity to key employment centres and industrial estates. Noteworthy housing societies in Mazgaon include Sarkar Tower, Kapil Bayview, and Atul Wallace Fortuna. The average monthly rent provides a current yield of 3%.

Moreover, investing in Mazgaon grants you access to projects by leading developers. Renowned names like Hubtown, Neumec, Sanghvi S3 Group, Lokhandwala Construction, Radius, and Shreepati Group are prominent players in this locality.

Price Trends of Mazgaon

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

Year (Jan-Mar) Price/Sq ft
2019 Rs. 42,450
2020 Rs. 41,000
2021 Rs. 32,100
2022 Rs. 38,100
2023 Rs. 35,050

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

Top 5 Reasons to Invest in Mazgaon

1: Top Projects with Abundant Luxuries

  • Radius Harbour Heights
  • Neumec Eiffel Tower
  • Darshan Tarabaug
  • Summer Armonia
  • Azmi Deja View
  • Redstone Azara Residences
  • Alamdar Muffadal Park
  • M4 Ocean View

2: Well Developed Area

Mazgaon comprises all the eminent social and physical infrastructural development, a few of which are listed below.

Leading Schools Healthcare Centres Entertainment Spots
Diamond Jubilee High School Prince Aly Khan Hospital Chinese N Grill
St Mary High School Prerna Maternity & Nursing Home Al Rehmani Restaurant
M S B Education Institute Rajashree Maternity Surgical Nursing Home Shalimar Restaurant
Hinduja College of Commerce Matoshri Nursing Home Delhi Zaika Bhendi Bazaar
Sadhvi Savitribai Phule Upper Primary School Sir J J Group Hospital Orchid City Centre Mall

3: Absolute Connectivity

  • Dockyard Road Railway Station, located on the Harbour Line of Mumbai Suburban Railway network, serves the locality.
  • The locale is about 2 km from Bhaucha Dhakka, which offers ferry service to Uran, and Jawaharlal Nehru Port Trust, among others.
  • Proximity to the Eastern Freeway and Eastern Express Highway ensures connectivity to other areas.
  • It is 18 km from Chhatrapati Shivaji Maharaj International Airport via the Western Express Highway.
  • The Chhatrapati Shivaji Maharaj Terminus lies 3.2 km away from the locality.

4: Tourist Sites Surrounding

Mazgaon is surrounded by numerous tourist sites, including:

  • Gateway of India
  • Bhau Daji Lad Museum
  • Gloria Church
  • Marine Drive
  • Kuan Kung Temple

5: Commercial Centres in Proximity

Mazgaon is surrounded by multiple employment hubs, industrial estates and retail hubs that attract an entire tenant community to the region

  • Mazgaon Dock Shipbuilders, Mumbai Port Trust and Nariman Point are few employment hubs nearby.
  • Several industrial estates, including A to Z, Pragati, Mahalaxmi and Purushottam Thakker, are within a 5 km radius.

FAQs

What is the PIN code of Mazgaon?

The PIN code of Mazgaon is 400010. It is located in South Mumbai.

What is Mazgaon famous for?

Mazgaon is renowned for the bustling Bhaucha Dhakka pier, which harbours a vibrant fish market that offers fresh seafood. Additionally, it features a dock for ferries to nearby islands. The area is also characterised by its charming Portuguese-style houses and historic Colonial-era churches, such as St. Anne’s Church and the reconstructed Our Lady of the Rosary.

Is Mazgaon a good place to live?

Mazgaon, in south Mumbai, boasts excellent connectivity and offers a range of amenities, including top educational centres, hospitals, malls, banks, ATMs, restaurants, bars, and pubs. Noteworthy hospitals in the area include Prince Aly Khan, Masina Heart Institute, and Kedar Hospital. Shopping options like Oberoi Shopping Centre, Metro Plaza, and Phoenix Palladium are within a 6 km radius. Additionally, prices are comparatively reasonable for South Mumbai.

What is the cost of living in Mazgaon?

For 1 BHK, the rent in Mazgaon is approximately ₹35,5000; for 2 BHK, it's ₹1.5 Lac; for 3 BHK, it's 2.5 Lac.

What are the current development projects in Mazgaon?

Some of the top current development projects in Mazgaon are mentioned in the table below:

What is the future of Mazgaon?

Mazgaon's future appears promising, evident from the upward price trends and ongoing area development. The locality is set to accommodate premium residential projects like Radius Harbour Heights, Neumec Eiffel Tower, Darshan Tarabaug, Azmi Deja View, Sumer Armonia, and Redstone Azara Residences. Regarding price appreciation, flat rates in Mazgaon have surged by 15.6% in just the past year.

What are the schools in Mazgaon?

  • Orchids The International School
  • Hinduja College of Commerce
  • Sadhvi Savitribai Phule Upper Primary School
  • Gilder Lane Municipal School
  • Navneet Education Society Night Degree College
  • Education Inspector South
  • Edubridge Intl. School
  • Babasaheb Gawde Institute of Management Studies
  • Maratha Mandir's Babasaheb Gawde Institute of Technology
  • St. Xavier's College

What are the hospitals in Mazgaon?

  • General Medical LLP
  • Daily Medical 24×7 Chemist
  • Desai Pharma Distributors
  • Nazir Medico
  • Alam Medical And General Store
  • Prince Aly Khan Hospital
  • JJ Hospital
  • Wockhardt Hospitals, Mumbai Central
  • Saifee Hospital
  • Balaji Hospital

What are the restaurants in Mazgaon?

  • Chinese N Grill
  • Al Rehmani Restaurant
  • Shalimar Restaurant
  • Delhi Zaika Bhendi Bazaar
  • SHALIMAR COOL POINT
  • Kit Kat
  • Deccan Bar - Comfort Inn Heritage
  • Chez Nous - West End Hotel
  • Topaz
  • Golden Chimney

What are the petrol stations in Mazgaon?

  • HP Petrol Pump
  • IndianOil
  • Saish Petroleum
  • LN Pujara & Co
  • Mahanagar Gas CNG Station
  • Bharat Petroleum
  • Chaman Automobiles
  • Universal Motors Bharat Petroleum
  • Sardarji’s Petrol Pump
  • HPCL

What are the gyms in Mazgaon?

  • Incline Fitness
  • Gymathon Fitness
  • GS Fitness
  • Muscle Up Gym
  • ABS Fitness Center
  • XFF Gym
  • A.N Fitness Spares
  • Next Level Fitness Studio
  • Workout Gym
  • Kimaya Fitness

What are the shopping malls in Mazgaon?

  • Muffadal Shopping Arcade
  • Asna Shopping Mall
  • Fab Collective
  • Mirza Ghalib Municipal Market
  • Orchid City Centre Mall
  • LIZA Bags, Footwear, Apparel & Accessories
  • The Corporate House Keeping
  • Abrol Traders
  • Zainab Enterprises
  • Huda Traders

What are the hotels in Mazgaon?

  • Hotel Crawford Inn
  • Hotel Elphinstone Annexe
  • Hotel Manama
  • Hotel Shadab Palace
  • Comfort Inn Heritage
  • Grand Hotel
  • Hotel Residency Park
  • Hotel Oasis
  • Hotel Landmark Fort
  • Hotel Sagar Vihar

What are the parks in Mazgaon?

  • Joseph Baptista Garden
  • Mazgaon Garden
  • Treks and Trails India
  • Byculla Zoo House Park
  • Cross Maidan Garden
  • Bridgeview Garden
  • Circle Garden
  • Rustom Baug
  • Penguin Park
  • Maulana Abdul Kalam Memorial Park

What are the attractions in Mazgaon?

  • Gloria Church
  • Hasnabad Dargah
  • Mughal Masjid
  • Kuan Kung Temple
  • Magen David Synagogue
  • Eastern Waterfront Gate
  • Talao Pali Lake
  • Bhau Daji Lad Museum
  • Sailors Home
  • Raudat Tahera

How many 1 BHKs are available in Mazgaon

40 1 BHK flats are available in Mazgaon, including furnished and unfurnished.

How much does a 1 BHK cost in Mazgaon

1 BHK in Mazgaon costs in the range of ₹95.5 Lac - ₹1.84 Cr.

What is the average size of a 1 BHK in Mazgaon

The average size of a 1 BHK in Mazgaon is 453 sqft. - 597 sqft.

What is the rent of a 1 BHK in Mazgaon

The rent of 1 BHK in Mazgaon lies in the range of ₹35,5000 - ₹50,000.

How many 2 BHKs are available in Mazgaon

30 2 BHK flats are available in Mazgaon.

How much does a 2 BHK cost in Mazgaon

2 BHK in Mazgaon costs in the range of ₹2.20 Cr - ₹5.6 Cr.

What is the average size of a 2 BHK in Mazgaon

The average size of a 2 BHK in Mazgaon is 550 sqft. - 786 sqft.

What is the rent of a 2 BHK in Mazgaon

The rent of 2 BHK in Mazgaon lies in the range of ₹52,000 to ₹1.1 Lac.

How many 3 BHKs flats are available in Mazgaon

25 3 BHK flats are available in Mazgaon.

How much does a 3 BHK cost in Mazgaon

3 BHK in Mazgaon costs in the range of ₹3.50 Cr - ₹7.35 Cr.

What is the average size of a 3 BHK in Mazgaon

The average size of a 3 BHK in Mazgaon is 600 sqft to 1500 sqft.

What is the rent of a 3 BHK in Mazgaon

The rent of 3 BHK in Mazgaon lies in the range of ₹1 Lac - ₹1.5 Lac.

How many 4 BHKs are available in Mazgaon

12 4 BHK flats are available in Mazgaon.

How much does a 4 BHK cost in Mazgaon

4 BHK in Mazgaon costs in the range of ₹3.50 Cr to ₹6.58 Cr.

What is the average size of a 4 BHK in Mazgaon

The average size of a 4 BHK in Mazgaon is 1500 sqft. to 2546 sqft.

What is the rent of a 4 BHK in Mazgaon

The rent of 4 BHK in Mazgaon lies in the range of ₹1.6 Lac - ₹3.5 Lac.

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