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H T U SO

I A B M U ET

MICRO MARK M


OVERVIEW OF SOUTH MUMBAI The city Mumbai, known as Bombay until 1995, is a great port city, situated on the west coast of the Indian peninsula. It is the state capital of Maharashtra and is known as the business capital of India. Spread across an area of 600 sq. kms, Mumbai has a population of over 21 million. Mumbai consists of two distinct regions: the city (South Mumbai) and the suburbs. The city is usually referred to as an Island City while the suburbs could be divided into Central and Western. South Mumbai is geographically located at the southern corner of Salsette Island stretching from Colaba and extending till Mahim. South Mumbai comprises the main business localities and its adjoining areas which makes it the richest urban precinct in India. Sheltering some of the major conglomerates and elite class of the city, South Mumbai also portrays the historic side of the city with some of the state's oldest museums and theaters are located in this part of the region. South Mumbai or 'SoBo', is one the most expensive real estate market not just in India, but globally as well. Places like Cuffe Parade, Napean Sea road, Peddar Road are known globally for their sky high property rates. South Mumbai is a favorite amongst the extremely affluent individuals who are ready to spend a fortune to own a house in this area. Lately there have been a surge of landmark real estate projects which have come in and around Lower Parel, Mahalaxmi, Prabhadevi, Lalbuag, Parel, Curry Road, Dadar, Matunga and Worli. Hence consolidating South Mumbai as one of the most prestigious and costliest places to live in India.

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SOUTH MUMBAI

Malabar Hill Marine Drive CST Fort

Nariman Point

Cuffe Parade

Colaba

ARABIAN SEA

Eastern Express Highway Eastern Freeway Western Express Highway Bandra Worli Sea Link Railway JVLR SCLR

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WHY IS SOUTH MUMBAI CALLED AS AN ISLAND CITY? Mahim

South Mumbai is a group of seven islands in the Arabian Sea, which lies off the northern Konkan coast to the west of Maharashtra.

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Parel

Worli

Mazagaon

Bombay

Little Colaba

Colaba

2 The original island of Mumbai was only 24 km long and 4 km wide from Dongri to Malabar Hill (at its broadest point) and the other six were Colaba, Old Woman's island, Mahim, Parel, Worli, Mazgaon.

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The seven islands of Bombay were an archipelago of islands that were, over a span of five centuries physically united through land reclamation projects.

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4 It took over 150 years to join the original seven islands of Mumbai. These seven islands were lush green thickly wooded, and dotted with 22 hills, with the Arabian Sea washing through them at high tide.

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PINNACLE SPOTS OF SOUTH MUMBAI NARIMAN POINT Esteemed to be the country's first business district Nariman Point is situated on the part of South Mumbai that is reclaimed by the sea. Named after Khursheed Framji Nariman, this place was initially a part of the Arabian Sea. Due to the efforts of Khursheed Framji Nariman this area was retrieved from the sea. Situated on the extreme southern tip of Marine Drive, Nariman Point serves as the headquarters of some of the most premiere business establishments in the country.

COLABA Originally known as Candil, Colaba is known as the gateway of Mumbai. Popular as a famous tourist spot Colaba shelters the Gateway of India, the historical Taj Mahal Hotel and a number of famous shopping malls. One of the most congested areas in South Mumbai, Colaba reminds one of the Old Bombay Cantonment. Offering a number of attractive tourist spots, shopping complexes and restaurants Colaba is one of the busiest destinations of South Mumbai.

DADAR Popular as one of the more crowded railway stations in Mumbai, Dadar is a small locality in South Mumbai. Divided into East and West by the railway lines Dadar was earlier a part of Bombay and Baroda Railroad. Dadar is home to the famous Shivaji Park, Mayor's Bungalow and the Plaza movie theatre. Even popular as a shopping joint Dadar is known for its street and window shopping opportunities.

WORLI Extending from Haji Ali to Prabhadevi Worli was once famous for its various mills. Today a well-planned corporate location Worli is one of the most commercialized areas of South Mumbai. The famous landmarks in Worli include Nehru Science Centre and the National Stock Excahnge (NSE) at Mahindra towers. The famous restaurant in Worli Jewel of India is one of the hottest destinations of South Mumbai. .

PAREL One of the seven islands that form the city of Mumbai, Parel was initially dedicated entirely to cotton mills. Recently Parel has witnessed an influx of huge enterprises in the form of corporate firms; five star hotels, hospitals and schools.

FORT AREA One of the most happening locations in South Mumbai, Fort area t is located in the northern part of the city and is well connected by all modes of transportation. One of the most frequented localities by the cinema lovers Fort Area offers some of the finest theatres in Mumbai. Besides, there is also the popular film studio, Filmstan. Film City, the shooting hub of the Indian film industry is situated in Goregaon which is just minutes away.

MALABAR HILL Malabar Hill, a hillock in southern Mumbai, India is an upmarket VVIP residential area which has the Government Guest House Sahaydri, the Chief Minister of Maharashtra’s Bungalow, official residences of VIP state officials, famous Hanging Gardens, Jain Temple & Banganga Tank. Situated at a height of 50 metres (160 ft), it is the highest point in South Mumbai offering a beautiful scenic view of the Queens Necklace.

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DADAR PRABHA DEVI

WORLI LOWER PAREL

PAREL

SEWRI MAHALAXMI

BYCULLA TARDEO

GIRGAON MAZGAON MALABAR HILL

KALBADEVI

MARINE LINES

CHURCHGATE

FORT

NARIMAN POINT

CUFFE PARADE

COLABA

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INFRASTRUCTURE BOOM IN THE ISLAND MUMBAI Existing Infrastructure Projects 1. Mumbai Eastern Freeway The Eastern Freeway connecting South Mumbai with Eastern suburbs has reduced the travel time drastically. Areas like Chembur, Sewri, Wadala and Ghatkopar are the most benefitted being the entry and exit points. With all the sections of the Eastern Freeway opened for traffic, motorist from South Mumbai bound for Ghatkopar are able to save more than 45 minutes of driving time.

3. Eastern Express Highway Eastern Express Highway serves as a link to the National Highway 3. The expressway has a total of 6 lanes and it connects to all the suburbs of North Mumbai with South Mumbai. Chhatrapati Shivaji Terminus is the starting point of the expressway and continues up to Thane.

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2. Bandra-Worli Sea Link The Bandra–Worli Sea Link, officially called Rajiv Gandhi Sea Link, is a cable-stayed bridge with pre-stressed concrete-steel viaducts on either side that links Bandra in the Western Suburbs of Mumbai with Worli in South Mumbai. The bridge is a part of the proposed Western Freeway that will link the Western Suburbs to Nariman Point in Mumbai's main business district. The sealink reduces travel time between Bandra and Worli during peak hours from 60–90 minutes to 20–30 minutes.


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Western Express Highway

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Malabar Hill Marine Drive CST Fort

Nariman Point

Cuffe Parade

ARABIAN SEA Eastern Express Highway Eastern Freeway

Colaba

Western Express Highway Bandra Worli Sea Link Railway JVLR SCLR

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INFRASTRUCTURE BOOM IN THE ISLAND MUMBAI Proposed Infrastructure Projects 1. Mumbai Trans Harbour Link The proposed Mumbai Trans Harbour Link (MTHL) will facilitate decongestion in Mumbai by improving connectivity between Island city and main land (Navi Mumbai). The project includes a 22.5 km long 6-lane bridge connecting Sewri on the island city to Nhava-Sheva. This Link will facilitate smooth and faster communication in Mumbai and Main Land (Navi Mumbai).

2. Proposed Worli - Sewri elevated road The planned Sewri-Worli elevated 4.25-km long Connector road is aimed at easing the perennial commuting problems of the city. This will ensure a signal-free ride from Sewri right to the western suburb of Bandra. The connectivity will be strengthened further once the Mumbai Metropolitan Region Development Authority links the Worli-Sewri road to the existing Eastern Freeway and the proposed Sewri-Nhava Sheva Mumbai Trans Harbour Link.

3. Proposed Metro rail Phase III (Colaba-Bandra-Seepz) The proposed phase - 3 of the Mumbai Metro, also referred to as the ColabaBandra-SEEPZ line, is a part of the metro system for the city of Mumbai. When completed, the 33.5-km long line will be the first underground metro line in Mumbai. The metro line will connect Cuffe Parade business district in the extreme south of the city to SEEPZ in the north-central region of Mumbai. Line 3 is expected to reduce road congestion, besides reducing the load on the Western Line

4. Proposed monorail phase 2 The proposed Chembur-Wadala-Jacob Circle Monorail will significantly reduce the 75 minutes road journey to 30 Minutes. The phase 2 Monorail stretches in the form of commuting comfort, reduced vehicular congestion on roads, and better access to other modes of transport. Additionally, Monorail will give a push to the development of its surrounding areas such as Wadala, Mysore Colony, Bharat

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SEEPZ

International Airport Santacruz Ghatkopar

BKC

Chembur

Bandr

a Wor li Sea Link

Bandra

Dadar Wadala

Mumbai Trans Harbour Link

N AV I M U M B A I

Lower Parel

Mahalaxmi

SOUTH MUMBAI

Malabar Hill Marine Drive CST

Bandra Worli Sea Link

Fort

Nariman Point

Mumbai Trans Harbour Link

ARABIAN SEA

Sewri elevated road Metro rail Phase III Monorail phase 2

Cuffe Parade

Colaba

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RESIDENTIAL AREAS IN SOUTH MUMBAI Mumbai is the 16th most expensive city globally in terms of owning a house but prime locations like Colaba, Cuffe Parade and Malabar Hills are the areas where old money resides. The area houses a significant proportion of prime up market residential neighborhoods of Mumbai which includes Peddar Road, Nepean Sea Road, Breach Candy, Walkeshwar Road, Altamont Road and Cuffe Parade to name a few. There has been a surge of landmark real estate projects which have come in and around Lower Parel, Mahalaxshmi, Prabhadevi, Lalbaug, Parel, Curry Road, Dadar, Matunga and Worli, hence, consolidating South Mumbai as one of the most prestigious and costliest places to live in India.

Key Highlights: South Mumbai is the premium residential market in the city End-users are largely driving the South Mumbai realty market Amphitheatre, 24-hour coffee shops, modular kitchen, Jacuzzi are average facilities that are being provided in all the upcoming properties in this micro market Apartments in the range of 3 - 5 crores have shown good acceptance Apartments with good views of the city and the sea are also in good demand and command a premium Major developers include Lodha, India bulls, Peninsula Land, Marathon, Ahuja, DB Group L&T and Omkar among others

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Dadar Wadala Omkar 1973 Lodha Park Ruparel Ariana

Lodha World Tower

Crescent Bay

Raheja Imperia

Lower Parel

Indiabulls Blu

Kalpatru Avana

Celestia Spaces

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Cuffe Parade Eastern Express Highway Eastern Freeway

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Western Express Highway Bandra Worli Sea Link SCLR

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RESIDENTIAL AREAS IN SOUTH MUMBAI

Loca on

Capital Values (INR/Sq. .)

Dadar

24,000 – 30,000

Prabhadevi

30,000 – 80,000

Parel

25,000 – 40,000

Worli

35,000 – 60,000

Lower Parel

30,000 – 60,000

Mahalaxmi

28,000 – 45,000

Sewri

20,000 – 35,000

Byculla

20,000 – 25,000

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REDEVELOPMENT OF MILL LANDS IN SOUTH MUMBAI: Redevelopment of mill lands in South Mumbai has played a prominent role for a sustainable revival of the city. The Mill land parcels in most of the cases are used for residential high rises and in some cases for commercial, retail and entertainment sectors. The table below lists the names and locations of South Mumbai's former mills, and the structures that stand on their land.

Developer Name

Project Name

Loca on

L&T Proper es

Crescent Bay

Sewri

Ruparel Ashok Primal Group Kalpataru Lodha Lodha Raheja Lodha India Bulls Omkar Realtors Raheja Runwal India Bulls Lokhandwala Builders Raheja

Ariana Celes a Spaces Avana World Tower Park Raheja Imperia World Crest Sky Omkar 1973 Metal Box The Reserve Blu Minerva Vivarea

Sewri Sewri Parel Lower Parel Lower Parel Lower Parel Lower Parel Lower Parel Worli Worli Worli Worli Mahalaxmi Mahalaxmi

Nathani Supariwala Realty

Nathani Heights

Mumbai Central

Lodha

Bellissimo

Mahalaxmi

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KEY COMMERCIAL HUBS IN SOUTH MUMBAI Being a financial Capital of the country, Mumbai city is house to major corporate houses, Banks and stock exchange like SBI, Central Bank of India, Reserve Bank of India Top notch financial institutions like the Reserve Bank of India (RBI), National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are located in Mumbai. It is also home to corporate headquarters of various national as well as multinational corporations. Mumbai holds the pride of being the wealthiest city in the country, with the highest GDP of all the cities in South, West and the Central Asia.

The 3 focal business regions in South Mumbai are: NARIMAN POINT Widely regarded as the 'Manhattan' of Mumbai, Nariman point boasts of a spectacular skyline and pricey residential condos. It is also the main financial district of Mumbai and houses most of the financial ser vices and brokerage companies—both Indian and international. It is also the location for the Vidhan Bhavan which is the political headquarters of the state of Maharashtra All major financial Institutions, Banks, Business Houses, M.N.C.s, Industrial Conglomerates are having their offices at Nariman Point. The buildings here are built on a reclaimed land provided by Maharashtra Government during 1970s. Although no modern amenities are available in most of the buildings still they are well maintained. There are limited Car Parks available in the Buildings at Nariman Point. There is ample pay & park at Nariman Point. There are no new commercial buildings coming up at Nariman Point, so the supply scenario is always grim resulting in higher rental and capital values.

WORLI With easy accessibility by various means of transport, Worli has become a Secondary Business District after Nariman Point and Bellard Pier (CBD) since the availability is restricted in CBD. The major companies having properties here are GSK Pharma, TATA, Deloitte, Novartis, HDFC Bank, Yes Bank, Siemens, CEAT and many more. Aditya Birla Group has its head office in Worli There are new as well as old (built in 90s) Commercial Buildings in this area. With mill land being available for redevelopment the supply in Central Mumbai is smoother than the CBD. The new Commercial Buildings have ample parking space, whereas there is parking space crunch in old buildings. New Commercial Projects offer large floor plate area and modern amenities like Vitrified Flooring, High Speed Lifts, Open Space, Centralized Air Conditioning System, and Power Back up, Space for Server Room, Cafeteria, Conference Rooms, Health Club, and Advance Security Systems etc.

FORT Fort, one of the important business district of Mumbai, is the heart of the financial area of the city. Institutions such as the Bombay Stock Exchange, Reserve Bank of India and Tata Group headquarters are located in this area. The area gets its name from the defensive fort, Fort George, built by the British East India Company around Bombay Castle. The area extends from the docks in the east, to Azad Maidan in the west; Victoria Terminus in the north to Kala Ghoda in the south.

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Mahalaxmi

Malabar Hill

Marine Drive Fort Reserve Bank of India

Express Tata Group Head Ofď€ ce Tower Mittal

Nariman Point

World Trade Center

Cuffe Parade

Tower

Bombay Stock Exchange

ARABIAN SEA Eastern Express Highway Eastern Freeway

Colaba

Western Express Highway Bandra Worli Sea Link SCLR

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TOURIST ATTRACTIONS IN SOBO Mumbai is what the Indians affectionately call - the 'City of Dreams'. It is not only the financial capital of India that serves as the center of all trade and investments, but also a cultural center. This spectacular city is blessed with innumerable tourist attractions. Mumbai is where one can possess the most distinguished designer labels and products from various fashion houses that flood the busy malls.

There are several landmarks in Mumbai, which attract tourists from all over the country and world. Mumbai tends to be one of the most desired tourist centres in India. This city is considered to be the central hub for trade, industries and business. The present scenario of Mumbai indicates that it is a growing center of media activities and advertising. Often called the 'City of Hopes & Dreams', Mumbai is also the center of entertainment with Bollywood being the largest film industry of India.

The beaches in the coastal city has witnessed some of God's amazing miracles- the magnificent sunsets over the Arabian Sea, which is a dream-like vision. In Mumbai, night is when the day truly begins, which is why Mumbai is also referred to as the 'city that never sleeps'. Some of the wellknown tourist attractions in India are found here in Mumbai. The 'Gateway of India' situated in Colaba is a renowned monument built in the Hindu-Muslim styles of architecture to honor King George V and Queen Mary.

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Bandra

Bandr

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Shivaji Park

Dadar Vadala

Siddhivinayak Temple

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Lower Parel

Mahalaxmi

rn Fr

Mahalaxmi Race Cource

Easte

Haji Ali Dargah

Maratha Mandir

Malabar Hill Hanging Garden

Girgaon Chowpati

Marine Drive

Crawford Market CST

Fort Wankhede Stadium

Nariman Point Prince of Wales Museum

ARABIAN SEA

Gateway of India Colaba Causeway

Cuffe Parade Eastern Express Highway Eastern Freeway

Colaba

Western Express Highway Bandra Worli Sea Link SCLR

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GATEWAY OF INDIA The Gateway of India is synonymous with Mumbai. It is the most famous monument of Mumbai and is the starting point for most tourists who want to explore the city. Gateway of India is a great historical monument built during the British rule in the country. SIDDHIVINAYAK TEMPLE Undoubtedly, the most popular & significant places of worship are the Shree Siddhivinayak Ganapati Mandir situated at Prabhadevi. This two-century-old Temple was first consecrated on Thursday 19th November 1801.

MAHALAXMI RACE COURCE Mahalakshmi Race Course is an elite sports club in Mumbai, is a renowned horse racing track in the country. It is considered to be one of the greatest circuits in Asia. The racecourse's Grandstand, is also included in the list of the 'heritage structures of India'. MARATHA MANDIR Maratha Mandir is a Cinema Hall located in Maratha Mandir Marg. This cinema hall has its reputation from a very long time and it is one of the most famous landmarks in Mumbai. This is the most known valued theatre for the Mumbai's Bollywood Box Office.

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HANGING GARDEN Hanging Gardens is a popular tourist destination situated in Mumbai. Built in 1880, this terraced garden is dedicated to barrister Pherozeshah Mehta. This renowned garden located on the Malabar Hills is known for its splendid green vegetation and animal shaped hedges, which is an interesting sight for anyone who visits this spot.

HAJI ALI DARGAH The Haji Ali Dargah is a historical landmark in Mumbai, and is also one of the most prestigious Islamic symbols situated in South Mumbai. The Haji Ali Dargah was built in his honor in 1431 AD. The whitewashed structure is situated in an area of 4,500 meters and is flanked by crisp, marble pillars that are still marveled at today.

CRAWFORD MARKET One of the distinct location of South Mumbai, Crawford Market has been at the centre of market life in South Mumbai since it was built in the days of the British Raj. Crawford Market was the main wholesale market till 1966. Spanning around 72000 sq. yards, this market is also famous for its splendid architecture. GIRGAON CHAWPATI Chowpatty Beach is one of the most famous beaches in Mumbai. Located in the heart of the city, this beach is most popular for its local delicacies which most people enjoy whenever they visit Chowpatty Beach. Watching the glorious sunsets from this beach is a sight worth seeing!

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CHHATRAPATI SHIVAJI TERMINUS The Chhatrapati Shivaji Terminus, formerly known as Victoria Terminus Station, in Mumbai, is an outstanding example of Victorian Gothic Revival architecture in India, blended with themes deriving from Indian traditional architecture. COLABA CAUSEWAY Colaba Causeway is one of the expensive street markets in Mumbai. At a stone's throw from the famous tourist attractions like Gateway of India and Taj Hotel, it stretches over several metres flooded with all kinds of goods which hold artistic value. It's a major causeway or land link between Colaba and the Old Woman's Island in the city of Mumbai, India.

WANKHEDE STADIUM Wankhede Stadium is one of the largest and one of the most renowned cricket stadiums in the country, which is owned by the Mumbai Cricket Association. What is more fascinating about this Wankhede Stadium is that this remarkably large stadium was built within a period of 6 months!

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SHIVAJI PARK Situated in Dadar, the largest public park in the island city has a strong historical and cultural value attached because of the political and social gatherings it has witnessed, both in preand post-independence Mumbai. The 28 acres open space is renowned as the cradle of Indian cricket.


PRINCE OF WALE MUSEUM The Prince of Wales Museum is one of the most significant museums in India. The museum showcases several collections of ancient artworks, sculptures and artifacts in its galleries. After the inception of the renovation project in 2008, many new galleries were opened, which contained artworks of Hindu God Krishna, textiles and Indian traditional costumes.

CHURCH GATE Churchgate, now known as Veer Nariman Street, is a prominent location in the South Mumbai. The Place imbibed its name from the Churchgate railway station and St. Thomas Church. Churchgate houses some of Mumbai's prestigious buildings and organizations.

NARIMAN POINT Being famous as one of the most expensive and urbane locations, Nariman Point stands a pride of India. Nariman Point today is a premium business hub with some internationally renowned business, financial and industrial houses. Strewn with many skyscrapers, Nariman Point gives a stunning impression of Manhattan and therefore, had been designated as the 'Manhattan of Mumbai'.

FLORA FOUNTAIN Flora Fountain, also known as 'Hutatma Chowk' since 1960, is declared as one of India's Heritage structures. Built in 1864, this tourist spot houses India's prestigious fountain, located in the city of Mumbai. Apart from sightseeing, one can also spend time shopping for local delights in this place. The fountain is illumined at night and offers the most exquisite view to tourists.

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DADAR PRABHA DEVI

WORLI LOWER PAREL

PAREL

SEWRI MAHALAXMI

BYCULLA TARDEO

GIRGAON

MAZGAON MALABAR HILL

KALBADEVI

MARINE LINES

CHURCHGATE

FORT

NARIMAN POINT

CUFFE PARADE

COLABA

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