Wadala West

Despite being in the middle of Mumbai, Wadala West is among the most green and well- designed localities in the financial capital of the country. Close proximity to South Mumbai and other important suburbs such as Sion, Worli, and Bandra has contributed to its development over the last two decades.

Wadala West continues to be one of Mumbai’s best suburbs, with some of the greenest and quietest neighbourhoods situated here. An area steeped in history, it is home to many famous colonies such as the Parsi colony, and Asia’s largest government colony, along with the Central Government housing quarters.

The area is speckled with excellent educational institutions like Don Bosco High School and St Joseph's School, along with the prestigious Veermata Jijabai Technological Institute (V.J.T.I.) and the University Institute of Chemical Technology, and the area throngs with students during the day.

The locality is dotted with multitudinous temples, masjids, and churches. Truly diverse in nature, people from different communities reside here.

Connectivity and Transit Points

Two major stations of the local railways, Dadar and Wadala, connect Central Western and Harbour lines, making commuting much easier.

Most trains that are bound for other cities and states either start at Dadar or halt at the station. Besides, the Wadala bus depot connects this area to other suburbs within Mumbai.

Major Landmarks

●     Vitthal Mandir

●     Our Lady of Dolours Church

●     Rocket Garden

●     Don Bosco Church

●     Five Garden Area

●     Ram Mandir

Factors for Growth in the Past

Wadala West was developed in the early 20th Century, with approximately 440 acres of land being procured and leased to the government for development and sale. Housing cooperatives were formed to take advantage of this developed land, and Parsi and Hindu colonies began to form.

Prestigious institutions such as the Veermata Jijabai Technological Institute (formerly known as the Victoria Jubilee Technological Institute) and the Institute of Chemical Technology (formerly the University Department of Chemical Technology) sprang up in the early 20s and 30s, attracting intellectual minds from all over the city.

Residential & Commercial Market

The dominant property type in this area are multi-storey apartments and high-rise gated communities, with individual houses being sparse.

The current prices for multi-storey apartments in Wadala West are within the range of Rs 20,450 to Rs 25,450 per sq. ft. Rental rates vary from approximately Rs 18,000 to Rs 25,000 per month for a 1 BHK, and Rs 40,000 to Rs 58,000 per month for 2 and 3 BHKs.

Current prices for commercial space falls within the bracket of Rs 17,000 to Rs 21,000 per sq. ft., with the trends for shops falling between Rs 24,000 to Rs 40,000 per sq. ft. Rental rates are around Rs 100 per sq. ft.

Major Challenges

The only civic challenge for Wadala West’s residents, so to speak, is the lack of shopping malls, retail outlets, and entertainment centres. Infrastructure is developed on a firm footing and residents don’t usually have much to complain about.

Factors for Growth in the Future

With the Mumbai Metropolitan Region Development Authority’s (MMRDA) plans to divert the metro rail to Wadala, connecting it to monorail and the Eastern Freeway, real estate prices are expected to soar in the near future.

Secondly, a slew of launches in the premium segment is expected to come up soon, with Lodha Builders developing four 63-storey towers across 15 acres of lush green landscape.