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Top 21 New Residential Projects in Walkeshwar, Mumbai

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About Walkeshwar, Mumbai

Walkeshwar is an upscale area situated at the north-western tip of the Marine Drive loop in South Mumbai. It surrounds Malabar Hill and is near the Hanging Gardens and Raj Bhavan. This neighbourhood is known for being one of the most expensive areas in the city.

The Walkeshwar Temple, called the Baan Ganga Temple, is a prominent landmark near Malabar Hill. It stands at the highest point in the city, near the famous Banganga tank. The temple holds great religious significance for the local community and is the most frequented site in Walkeshwar.

Nearby railway stations like Churchgate, Geeta Nagar, Charni Road, and Grant Road facilitate access to other parts of the city.

Why Should You Invest in Walkeshwar?

The area's historical and cultural significance adds a unique charm that attracts tourists and residents. The Walkeshwar Temple, dedicated to Lord Shiva, is a prominent landmark, and the area is known for its serene atmosphere, making it an attractive option for those seeking a peaceful urban lifestyle.

Additionally, Walkeshwar is situated along the Arabian Sea, offering breathtaking views and proximity to the iconic Marine Drive, making it a prime real estate destination.

Price Trend of Walkeshwar

Here is the statistical data to understand the price trend of Walkeshwar:

Year Price/Sq ft
2019 Rs. 78,400
2020 Rs. 57,850
2021 Rs. 67,050
2022 Rs. 76,400
2023 Rs. 89,750

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.

Top 5 Reasons to Invest in Lalbaug

1: Prime Location

Walkeshwar is a lavish location due to its affluent residential properties and proximity to popular amenities, landmarks and areas such as Marine Drive, Girgaum Chowpatty, and Malabar Hill.

Its elite and upscale neighbourhood is known for its scenic beauty and serene atmosphere that enhances the overall value and appeal of the properties in the area.

Walkeshwar is conveniently located near various educational institutions, shopping centres, healthcare facilities, and entertainment options, further adding to its prime status.

2: Excellent Infrastructure and Connectivity

The neighbourhood is well-connected to other parts of Mumbai through public transportation and roadways.

Transportation hub near Walkeshwar Mumbai:

  • Chhatrapati Shivaji Maharaj Railway Terminus is 4.8 km via Maharshi Karve Road.
  • Chhatrapati Shivaji Maharaj International Airport is 20.1 km via the Western Express Highway.
  • Mumbai Central Railway Station is 3.3 km from Walkeshwar.

3: Higher Property Value

Properties in Walkeshwar Mumbai have higher market values due to their prime location and desirable features. It has some of the costliest houses and is renowned for being close to the Governor's house. Krishna Niwas Walkeshwar, Lakshachandi Queens Boulevard, and Walkeshwar Sea Face are among the highly sought-after luxury projects in the region. The demand for properties in Walkeshwar is typically driven by affluent families and individuals seeking luxury living options in prestigious neighbourhoods.

Its proximity to the Arabian Sea and easy accessibility to other parts of the city, like Marine Dive, Cumballa Hill, Malabar Hill, and Colaba, make it highly desirable, increasing property prices and potential investment returns. It can benefit real estate investors, homeowners and developers seeking long-term value appreciation.

4: Elite Lifestyle and Amenities

Walkeshwar is characterised by its leafy well-maintained gardens and a serene environment, making it a sought-after location for wealthy residents. Walkeshwar also offers easy access to various amenities, including schools, colleges, hospitals, shopping centres, and restaurants.

Here are some of the social and civic amenities in Walkeshwar :

Educational Facilities Medical Centers Recreational Facilities
Gopi Birla Memorial School Walkeshwar Medical Care Happy House Kitchen ( restaurant)
Edustart Multi Activity Center for Preschool Children Walkeshwar Medical Centre Dakshinayan South Indian Restaurant
PLAYHOUSE mother toddler, Playschool and Nursery, Learning Center St. Elizabeth's Hospital CR2 Shopping Mall

5: Top Projects and Developers

Lodha Malabar and Lodha Seamount by Lodha Luxury, Kalpatru Kalpvaksha by Kalpatru Group, Queens View and Queens Boulevard by Lakshachandi Realty are some of the topnotch projects and developers in Walkeshwar, Mumbai.

Residing in a premium apartment complex offers a high-quality lifestyle. Leading developers prioritise customer contentment and ensure top-notch safety and security. This positions Walkeshwar as a potential area for a profitable return on investment, with property values expected to appreciate steadily over time. This is advantageous for long-term investors.

FAQs

What is the PIN code of Walkeshwar?

The PIN code of Walkeshwar is 400006. It is located in South Mumbai.

What is Walkeshwar famous for?

Walkeshwar is mostly famous for the Walkeshwar Shiva Temple, Banganga Tank and Jain Temples. Additionally, Walkeshwar is renowned for its picturesque views and tranquil ambience, owing to its location by the Arabian Sea.

Is Walkeshwar a good place to live?

Walkeshwar is an excellent place to live. It has prestigious living spaces with lavish amenities, making it one of the most esteemed areas in the city. The Walkeshwar Temple, steeped in cultural and religious significance, draws visitors far and wide. Being close to the Arabian Sea, Walkeshwar is peaceful and looks really pretty. This makes it a favoured destination for many investors.

What is the cost of living in Walkeshwar?

For 1 BHK, the rent in Walkeshwar is approximately ₹45 K - ₹ 1 Lac, for 2 BHK, it's ₹1.5 Lac - ₹2 Lac, and for 3 BHK, it's ₹2.2 Lac - ₹3.5 Lac.

What are the current development projects in Walkeshwar?

What is the Future of Walkeshwar?

The future of Walkeshwar is undoubtedly thriving, as it is already one of the most prestigious areas of Mumbai. With top developers in the area like Lodha Group, Kalpataru Group and Lakshachandi Realty, the area has great residential growth potential in the future.

What are the best schools in Walkeshwar?

  • Gopi Birla Memorial School
  • Manav Mandir High School
  • PLAYHOUSE Mother Toddler, Playschool & Nursery, Learning Centre.
  • Walsingham House School
  • Playhouse Playgroup and Nursery
  • Sunflower Nursery School
  • B.K.M. High School
  • Cumballa Hill High School
  • The Cathedral & John Connon Infant School.
  • Edustart Multi Activity Center

What are the top hospitals in Walkeshwar?

  • St. Elizabeth's Hospital
  • Ruxmani lying-in Hospital
  • Walkeshwar Medical Ce
  • Saifee Hospital
  • Bhatia Hospital
  • The B.D. Petit Parsee General Hospital

What are the best restaurants in Walkeshwar?

  • Dakshinayan South Indian Restaurant
  • Happy House Kitchen
  • 77 Walkeshwar
  • Saraswati Hindu Hotel
  • Spices and Flavours
  • Ramakant Hindu Hotel
  • Just Bite
  • THE CHAOTIC KITCHEN CO.
  • Little Hill Cafe

What are the closest petrol stations in Walkeshwar?

  • HP Petrol Pump
  • HP Petrol Pump - R S Vatcha And Company
  • Sai Durga Services
  • Bharat Petroleum Corporation Ltd
  • IndianOil

What are the best gyms in Walkeshwar?

  • Anytime Fitness
  • Fitness Garage
  • Hanuman Gym
  • REBOUND WELLNESS
  • Cult Tardeo, Mumbai | Best Gym in Tardeo
  • Physio Active Pro Fitness Gym
  • Mould Fitness
  • Maharashtra Fitness Club

What are the top shopping malls in Walkeshwar?

  • CR2 Shopping Mall
  • Rubberwala The Platinum Mall
  • High Street Phoenix
  • Bayside Mall

What are the best hotels in Walkeshwar?

  • Regency Hotel
  • Hotel Kemps Corner
  • Hotel Regal Palace
  • Hotel TipTop
  • Hotel Orient Palace
  • Hotel KumKum
  • Hotel Ripon Palace
  • The Shalimar Hotel

What are the best parks in Walkeshwar?

  • Priyadarshini Park
  • Seth Tulsidas Kilachand Garden
  • Echo Point
  • Green Park
  • Nana Nani Park
  • Godrej Park
  • Hanging Gardens

What are the top attractions in Walkeshwar?

  • The Walkeshwar Temple
  • Suparshwanath Bhagwan Derasar
  • Pramod Navalkar Viewing Gallery
  • Banganga Tank
  • Maharashtra Raj Bhavan
  • Hanging Gardens
  • Girgaon Chowpatty

How many 1 BHKs are available in Walkeshwar?

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

How much does a 1 BHK cost in Walkeshwar?

1 BHK in Walkeshwar costs in the range of ₹2 Cr - ₹3.5 Cr.

What is the average size of a 1 BHK in Walkeshwar?

The average size of a 1 BHK in Walkeshwar is 550 sq.ft. - 750 sq.ft.

What is the rent of a 1 BHK in Walkeshwar?

The rent of 1 BHK in Walkeshwar lies in the range of ₹45 K - ₹1 Lac.

How many 2 BHKs are available in Walkeshwar?

2 2 BHK flats are available in Walkeshwar.

How much does a 2 BHK cost in Walkeshwar?

2 BHK in Walkeshwar costs in the range of ₹4 Cr - ₹7.3 Cr.

What is the average size of a 2 BHK in Walkeshwar?

The average size of a 2 BHK in Walkeshwar is 700 sq.ft. - 900 sq.ft.

What is the rent of a 2 BHK in Walkeshwar?

The rent of 2 BHK in Walkeshwar lies in the range of ₹1.5 Lac - ₹2 Lac.

How many 3 BHKs are available in Walkeshwar?

3 3 BHK flats are available in Walkeshwar.

How much does a 3 BHK cost in Walkeshwar?

3 BHK flats in Walkeshwar cost in the range of ₹7.5 Cr - ₹11 Cr.

What is the average size of a 3 BHK in Walkeshwar?

The average size of a 3 BHK in Walkeshwar is 900 sq.ft. - 1200 sq.ft..

What is the rent of a 3 BHK in Walkeshwar?

The rent of 3 BHK in Walkeshwar lies in the range of ₹2.2 Lac - ₹3.5 Lac.

How many 4 BHKs are available in Walkeshwar?

2 4 BHK flats are available in Walkeshwar.

How much does a 4 BHK cost in Walkeshwar?

4 BHK flats in Walkeshwar cost in the range of ₹11.5 Cr - ₹19 Cr.

What is the average size of a 4 BHK in Walkeshwar?

The average size of a 4 BHK in Walkeshwar is 1300 sq.ft. - 1900 sq.ft.

What is the rent of a 4 BHK in Walkeshwar?

The rent of 4 BHK in Walkeshwar lies in the range of ₹3.8 Lac - ₹5 Lac.

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