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Top 21 New Residential Projects in Vidyavihar East, Mumbai

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About Vidyavihar East, Mumbai

Vidyavihar East, located in the eastern suburbs of Mumbai, Maharashtra, is a renowned neighbourhood offering a perfect blend of commercial and residential spaces. Part of the Konkan division, it is close to well-known localities like Chembur and Rajawadi Colony. A station serves the area on the Central Railway line of the Mumbai suburban railway with the same name.

Known for its humid weather due to its proximity to the Arabian Sea, Vidyavihar East is strategically located near major neighbourhoods such as Navi Mumbai, Thane, and Uran. It stands out as an attractive location for home ownership in the Central Mumbai suburbs, with ongoing projects and promising social and physical infrastructure development contributing to its growth potential.

Why Should You Invest in Vidyavihar East?

The real estate market in central Mumbai suburbs provides diverse property options at various price points. Vidyavihar East stands out as one of the top housing societies in this region, making it an attractive choice. The thriving job markets of companies like Udyog Software, ARC Compsoft Pvt. Ltd., Frappe Technologies Pvt. Ltd., etc, are providing employment opportunities in the Vidyavihar East and continually generating demand for housing, which in turn is expected to impact real estate prices further. Improved metro connectivity and upcoming infrastructure projects contribute to this growth.

Mumbai experienced the sixth-highest annual increase in prime residential real estate values globally between April and June 2023. In Q2 2023, premium residential property prices in Mumbai rose by 5.2% year over year, accompanied by a 14% increase in stamp duty revenue in May 2023 compared to the previous year, reaching around Rs. 827 Crore. These statistics indicate that investing in real estate can be wise, especially in areas like Vidyavihar East, close to BKC and Navi Mumbai, known for affordable housing options.

Price Trends of Vidyavihar East

Here is the statistical data to understand the price trends in Vidyavihar East, Mumbai:

Year Price/Sq ft
2020 Rs. 30,500
2021 Rs. 26,000
2022 Rs. 23,050
2023 Rs. 26,450

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 per the developer, location, and amenities.

Top 5 Reasons to Invest in Vidyavihar East

1: Government Projects

Several projects are undergoing, which, once completed, will make connectivity more feasible.

  • The Brihanmumbai Municipal Corporation (BMC) is building a raised Railway Over Bridge (ROB) that spans a length of 480 metres in Vidyavihar, Mumbai. The primary objective of this initiative is to reduce traffic congestion in the densely populated eastern suburbs, including Ghatkopar, Vidyavihar, and Bhandup. It is expected to be finished by December of the following year; then, the bridge will establish a direct east-west link and eliminate the necessity for detours through Ghatkopar, greatly enhancing the convenience for commuters in the region. It is proclaimed to be India's longest bridge, passing over railway tracks once it is completed.

2: Tourist Locations in Vicinity

  • Vihar Lake
  • Rajwadi Garden
  • Thiruchembur Murugan Temple
  • Shree Siddhivinayak Temple

3: Useful Amenities

Renowned schools, colleges, hospitals, recreational places, malls, restaurants, and many more surround Vidyavihar East. Some of these social infrastructures are

Educational Facilities Healthcare Facilities Recreational Zones
The Somaiya School Rajawadi Hospital Thiruchembur Murugan Temple
Mahatma Night Junior & Degree College of Arts & Commerce Dr. Bhaskar Patel's Hospital Shree Siddhivinayak Temple
Ambedkar College Parakh Hospital Rajawadi Temple
Rajawadi Municipal School Tara Neo-Surg. Hospital Achija Veg Restaurant
Guru Nanak English High School Ramgiri Nursing Home Rajawadi Gardens

4: Booming real estate sector of Vidyavihar

The real estate market of Vidyavihar has experienced considerable growth. Over the last year, the property price has moved to 14.8%. The average rental yield of the area has been approximately 2%. Given these favourable conditions, Vidyavihar East offers affordable variable housing options and is set for exponential growth.

5: Good Connectivity

  • Vidyavihar East is a Mumbai Suburban Railway station located on the Central Line. It caters to the suburban region of Vidyavihar. During college hours, it is usually busy and has two platforms. Vidyavihar is situated between Kurla and Ghatkopar stations.
  • The eastern expressway is just at a distance of 7.1 km.
  • The distance between Mumbai Airport and Vidyavihar East is 5 km.

FAQs

What is the PIN code of Vidyavihar East?

Vidyavihar East is a famous locality of Mumbai and has PIN Code 400077.

What is Vidyavihar East famous for?

Vidyavihar East is famous for its religious environment. Famous religious places such as Thiruchembur Murugan Temple, Shree Siddhivinayak Temple, Basilica of Our Lady of the Mount, Shree Ghanteshwar Hanuman Mandir, etc. Establishing Somaiya College, which the K J Somaiya Trust funded in the early 1960s, was a significant step towards establishing Vidyavihar East as the prominent educational hub it is today.

Is Vidyavihar East a good place to live?

Yes, Vidyavihar East is indeed a good place to live. It is an ideal combination of contemporary amenities, be it super speciality hospitals like Rajawadi Hospital or recreational places like Thiruchembur Murugan Temple emanating devotion. It offers a fusion of first-rate infrastructure, a welcoming community, and contemporary amenities.

What is the future of Vidyavihar East?

Vidyavihar East has several upcoming top projects, including Saptrish Vihar Heights, Parasmani B, Innoventures Apartment, Vira Aashrina, etc. According to a recent study, Mumbai saw the sixth-highest annual increase in prime residential real estate value among all global cities between April and June of 2023. According to the statistics, Vidyavihar has a rental yield of approximately 2%, further encouraging investment in rental properties. Considering that Vidyavihar East is an exponentially growing part of Mumbai, it will see considerable growth in real estate.

What are the top schools in Vidyavihar East?

  • The Somaiya School
  • R.N. Gandhi High School
  • Ramji Assar Vidyalaya
  • Rajawadi Municipal School
  • Fatima High School
  • The Universal School
  • St. Joseph Tech. High School

What are the best hospitals in Vidyavihar East?

  • Dr. Bhaskar Patel's Hospital
  • Rajawadi Hospital
  • Parakh Hospital
  • Tara Neo-Surg. Hospital
  • Ramgiri Nursing Home
  • Navjeevan Hospital

What are the restaurants in Vidyavihar East?

  • Achija Veg Restaurant
  • The East Indian Kitchen
  • Lark
  • Vidya Vihar Colddrink House
  • Chai Sutta Bar
  • Santosh Bar & Lunch Home

What are the petrol stations in Vidyavihar East?

  • Bharat Petroleum Corporation Ltd
  • HP Petrol Pump-Star Service Station
  • Sagar Oil Centre
  • Indian Oil
  • Hindustan Petroleum CNG
  • HP Petrol Pump-Janseva Petrol Sr. Stn.

What are the gyms in Vidyavihar East?

  • Squat Up Fitness Centre
  • Apex Fitness
  • Planx Fitness
  • The Fitness Factory Gym
  • The Revolutions High Performance Training Centre
  • The FitBee

What are the shopping malls in Vidyavihar East?

  • Milan Shopping Centre
  • Garodia Shopping Centre
  • Bhaveshwar Plaza
  • Mahatma Gandhi Market & Shopping Centre
  • Satyam Shopping Centre
  • Shivam Satyam
  • Pramod Enterprise

What are the hotels in Vidyavihar East?

  • Hotel Maharana Inn
  • Hotel Liberty Plaza
  • The Royal Orchid
  • The Roa Hotel
  • Hotel Janata Residency
  • Tip Top Residency
  • Crystal Inn Dormitory

What are the parks in Vidyavihar East?

  • Fatima Ground
  • Rajawadi Gardens
  • Rock Garden
  • Somaiya Ground
  • Pramod Mahajan Garden
  • Joggers Park
  • Circus Ground Municipal Park

What are the attractions in Vidyavihar East?

  • Thiruchembur Murugan Temple
  • Shree Siddhivinayak Temple
  • Rajawadi Temple
  • Prithvi Theatre
  • Vihar Lake
  • Revera Spa.

How much does a 1 BHK cost in Vidyavihar East?

The average price of 1 BHK in Vidyavihar East is Rs. 74 Lakh to Rs. 1.30 Crore.

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

The average size of 1 BHK in Vidyavihar East is approximately 447 sqft.

What is the rent of a 1 BHK in Vidyavihar East?

The rent of a 1 BHK in Vidyavihar East is Rs. 20,000 to Rs. 40,000 per month.

How much does a 2 BHK cost in Vidyavihar East?

The average price of 2 BHK in Vidyavihar East is Rs. 1.80 Crore to Rs. 2.30 Crore.

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

The average size of 2 BHK in Vidyavihar East is 650 sqft.

What is the rent of a 2 BHK in Vidyavihar East?

The rent of a 2 BHK in Vidyavihar East is Rs. 41,900 to Rs. 43,000 per month.

How much does a 3 BHK cost in Vidyavihar East?

The average price of 3 BHK in Vidyavihar East is Rs. 3.12 Crore to Rs. 4 Crore.

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

The average size of 3 BHK in Vidyavihar East is 1,080 sqft.

What is the rent of a 3 BHK in Vidyavihar East?

The rent of a 3 BHK in Vidyavihar East is Rs. 70,000 - Rs. 10,50,00 per month.

How much does a 4 BHK cost in Vidyavihar East?

The average price of 4 BHK in Vidyavihar East is Rs. 6.56 Crore to Rs. 9.6 Crore.

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

The average size of 4 BHK in Vidyavihar East is 1,316 sqft.

What is the rent of a 4 BHK in Vidyavihar East?

The rent of a 4 BHK in Vidyavihar East is Rs. 1,40,000 to Rs. 1,80,000 per month.

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