Wadala village is situated on one of the seven islands that comprise modern-day Mumbai, and it was established with the aim of easing congestion in the city by accommodating 85,000 residents. The Wadala micro-market has undergone significant advancement over the years.
In the past, it was mainly known for its industrial sector, housing numerous factories and mills. Originally intended to serve as an inter-state bus and truck terminus, Wadala West’s advantageous position, along with its well-planned social infrastructure and improved connectivity, has garnered significant attention and interest from people.
No wonder why so many investors and homebuyers are looking for a 2 BHK flat in Wadala West, and the property prices have seen a whopping 9.19% rise in the last year. This is also because this locality might become Mumbai’s new BKC. Let us find out how!
Wadala: An Emerging Commercial Hub
Wadala, situated between South Mumbai and the suburbs, is the Mumbai Metropolitan Regional Development Authority’s (MMRDA) solution to the overcrowded commercial districts of Andheri, Nariman Point, Ballard Estate, and BKC. Its strategic location near the eastern freeway, eastern express highway, monorail, and upcoming metro-4 corridor has accelerated its development into a thriving commercial hub. MMRDA’s plan to convert Wadala’s monorail depot into Mumbai’s first-ever walk-to-work hub is yet another exciting addition to the area’s infrastructural development. As part of its transit-oriented development plan, this approach focuses on bringing together jobs, housing, and services around public transport stations, providing a more sustainable and convenient lifestyle for residents.
Wadala’s Enhancing Connectivity
The real estate market in Mumbai has experienced favorable effects due to various infrastructure projects. Over the past decade, Wadala has emerged as a sought-after residential area. Despite the rapid urbanization, the locality has maintained a balance by incorporating green spaces such as Five Gardens, Mancherji Joshi, Karve Garden, and Bhakti Park Garden, promoting a sense of community. Moreover, the area has witnessed an increase in recreational and entertainment options, further enhancing its livability. Notably, Wadala is home to the world’s once-largest dome theater, adding to the neighborhood’s unique character.
Wadala’s Social and Civic Infrastructure
The development of social and civic infrastructure in Wadala has been meticulously executed, with the neighborhood featuring a plethora of reputed educational institutes and healthcare centers. Some of the notable institutions include Veermata Jijabai Technological Institute (VJTI), Auxilium Convent High School, Vidyalankar Institute of Technology (VIT), Aditya Jyoti, and the Indian Cancer Society. In addition to these, there are several entertainment and recreational facilities that cater to the residents’ leisure needs. Wadala is also home to temples, churches, and shrines with a rich history dating back centuries, all located in proximity to the area. So, anyone with a 2 BHK flat in Wadala West will be able to lead a very comfortable life here.
Wadala – The Sought-After Homebuyers’ Destination
Wadala is a residential locality positioned in the heart of Mumbai, with excellent connectivity to the harbor line railway network. The area is mainly characterized by towering residential buildings, and it is rapidly evolving as a popular residential destination due to its proximity to employment hubs. Additionally, Wadala shares borders with other prominent neighborhoods of Mumbai, such as Dadar, Parel, Sion, and Chembur, enhancing its accessibility and convenience.
Wadala has come a long way from being just a well-located neighborhood to a highly sought-after destination for homebuyers in Mumbai. The development of premium high-rise properties equipped with top-notch amenities has transformed the area into a lifestyle destination. Thanks to MMRDA’s extensive infrastructural initiatives, Wadala is no longer just a part of Central Bombay but a futuristic business district poised to rival the likes of BKC. With its perfect mix of urbanization and green spaces, Wadala is undoubtedly a great place to call home!