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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