Churchgate – Luxury Real Estate Destination in Mumbai
Mumbai is renowned as India’s commercial centre and is home to numerous notable landmarks. There were three famous gates to access Mumbai when it was a walled city. One of the three gates was Churchgate. Churchgate is now a wealthy neighbourhood in South Mumbai. In fact, Churchgate is one of Mumbai’s most sought-after real estate areas.
Property in and around the Churchgate neighbourhood has always been expensive due to its location along the gorgeous marine road. Also, the Churchgate station, which is located nearby, contributes to the appeal of this location.
Churchgate Mumbai – Overview of Real Estate
Churchgate Mumbai is one of the most sought-after locations in Mumbai, with strong development potential in real estate. The location sits in the heart of Mumbai’s central business district and is bordered by numerous significant monuments such as the Bombay High Court, the Flora Fountain, and the Oval Maidan. As a result, Churchgate is a popular spot for both business and residential real estate.
Churchgate’s real estate values have risen significantly in recent years as a result of its exceptional location and high demand. The neighbourhood is well-liked by both locals and investors, and it is noted for its upmarket residential structures and commercial areas. The proximity of the region to key transportation hubs, such as the Churchgate railway station, makes it an appealing location for individuals who need to commute to other parts of the city. Churchgate’s real estate market is very competitive, and houses are frequently in great demand. As a result, prices can be high, and finding inexpensive houses in the region may be challenging. Churchgate, on the other hand, is a popular site for real estate investment due to the possibility for large returns on investment.
Whether you are a resident or a real estate investor, the neighbourhood provides a variety of chances for individuals seeking to invest in Mumbai real estate.
Mumbai property prices near Churchgate
Churchgate has one of the most expensive homes in Mumbai, ranking among the most prestigious districts to acquire a house in Mumbai.
Churchgate Mumbai property prices average Rs 48,000 per square foot. Churchgate flats range in price from Rs 43,500 to 56,000 per square foot. The neighbourhood is dominated by apartment buildings.
Almost 90% of the houses for sale in the Churchgate area are valued at or over Rs 5 crore. Because of the high property costs in Churchgate Mumbai, it is difficult to find inexpensive houses. In keeping with the selling costs, Churchgate Mumbai rentals are not in the inexpensive bracket. A two-bedroom apartment in Churchgate, Mumbai, costs between Rs 1.5 lakh and Rs 2 lakh a month.
Real Estate Projects in Mumbai Near Churchgate
Here are some of the real estate projects near Churchgate in Mumbai:
- Imperial Tower
- The Plaza
- Raheja Exotica
- Pinnacle Prabhadevi
- Sterling Tower
- Wilson Apartments
- The Capital
- Sea Green
- Hoechst House
- Meera Tower
Overview Of Churchgate Station
Churchgate is a major railway station in Mumbai. It is the terminal of the Mumbai Suburban Railway’s Western Line and one of the busiest railway stations in the city. The station opened in 1930 and has served as a major transportation hub for Mumbai commuters ever since.
The station is named after the neighbouring Churchgate Boulevard, which is a famous shopping and dining destination in the city. It is located at the heart of Mumbai’s central business area and is flanked by numerous notable structures such as the Bombay High Court, the Flora Fountain, and the Oval Maidan. The station is well-connected to the rest of the city and acts as a significant commuter transit hub.
It has five platforms and can accommodate both local and long-distance trains. The station also has contemporary amenities such as automatic ticket vending machines, escalators, and elevators for the comfort of passengers.
Churchgate Station’s Architecture and Design
Churchgate station’s architecture is one of its most remarkable aspects. The station is designed in the Art Deco style, which was prominent in the 1930s. The structure has four verandas surrounding it and is shaped like a rectangular rectangle with a centre courtyard. The Indian government has designated the station as a historic structure.
Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.
