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About Prabhadevi, Mumbai
Mumbai’s southern region contains the residential suburb of Prabhadevi. The Arabian Sea borders Prabhadevi on the west, Worli on the south, and Dadar on the north. The town’s name, Prabhadevi, originates from the nearby Prabhavati Temple.
The nearest point in the 1.33 square km region is the seashore of Mahim Bay. Some of the main thoroughfares in the region include Khan Abdul Gaffar Khan Marg, Dr. Annie Besant Road, and Prabhadevi New Road.
The Siddhi Vinayak Ganesh temple, which draws millions of tourists each year, is the reason Prabhadevi is well-known. Little More Preschool, Ryan Global School, Chamber Karnataka Night College, Sri Narayana Guru Central School, and National Management Research Institute are a few of the notable local schools.
There are many different types of properties in Prabhadevi, including as duplexes, cottages, villas, studio flats, and apartments. The apartments here range in size from 10,000 to 15,000 square feet and are available in 1 to 5 BHK layouts.
Why Should You Invest in Prabhadevi?
For those who want to invest there, Prabhadevi has a wealth of fantastic tourist attractions. Prabhadevi is home to several famous places, including as Shivaji Park, the Bandra-Worli Sea Link, Nipponzan Myohoji Budha Temple, Siddhivinayak Temple, Shree Ambe Devi Mandir, and Jijamata Udyan.
Prabhadevi’s central location, robust demand, and excellent connections make it a fantastic choice for companies wishing to earn money from rents.
The range of the average monthly rent in Prabhadevi is Rs. 43,600 to Rs. 13,34,000. Rented apartment buildings include Sheth Beaumonde, 25 South, and Vinayak Aangan. The two Prabhadevi developments with the highest annual rental returns are Aristo Pearl Residency and Sumer Trinity Towers.
Price Trends of Prabhadevi
Here is statistical data to understand the price trend in Prabhadevi, Mumbai:
| Year | Price/Sq ft |
| 2019 | Rs. 52,000 |
| 2020 | Rs. 43,850 |
| 2021 | Rs. 47,750 |
| 2022 | Rs. 52,500 |
| 2023 | Rs. 52,500 |
Disclaimer: All the above-mentioned prices are based on the data collected from different sources and does not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.
Top 5 Reasons to Invest in Prabhadevi
1: Seamless Network
- Prabhadevi has good access to a variety of transportation options, including the road system, the railway, buses, taxis, airplanes, local trains, and metros.
- Prabhadevi is a well-connected region with adjacent railway stations including Mumbai Elphinstone (1.39 km), situated along the Arabian Seashore about 1 km from Bandra-Worli Sea Link.
- Within a 5-kilometer radius, High Street Phoenix and Palladium Mall are well-known retail destinations.
- The location is around 15 kilometers from the Chhatrapati Shivaji Maharaj International Airport. Major businesses and offices can be found nearby on SVS Road.
2: Well-Developed Infrastructure
Prabhadevi stands out when it comes to a well developed infrastructure with the presence of high rise commercial complexes, schools, hospitals, shopping centres and recreational facilities.
| Superior Schools | Health Facilities | Entertainment & Recreation |
| Convent Girls High School | Spectrum Health Care | Trupt Potoba |
| Prabhadevi Municipal Primary School | Dr Gandhi Nursing Home | Tamnak Thai |
| ABA College of Law | Sane Hursing Home | Shiro Restaurant |
| Sunrise Play School | Centre Nursing Home | Tryst Night Club |
| Pragati School | Southern Cross Fertility | Xxo(The St Regis Mumbai) |
3: Presence of Supreme Residential Projects
- Wadhwa 25 South
- Rustomjee Crown
- Kalpataru Gaurav
- Ajmera Classique
- Rustomjee Crown Phase 2
- Kalpataru Antariksh
- Pioneer the Mariano
- Lodha Grandeur
4: Celebrity Residences
Prabhadevi is a home to many bollywood celebrities including:
- Ranveer Singh
- Deepika Padukone
- Kishori Amonkar
- Sulochana Latkar
- Kunal Vijaykar
- Anurag Vaidya
5: Operating Developers in the Locale
- Lodha
- Kalpataru
- CGHS Group
- Rustomjee
- Hubtown
- The Wadhwa Group
- Raheja Universal
- Ajmera
- DB Realty
- Mangal Murti
