Juhu property market: An overview


Known as the ‘Beverly Hills of Bollywood’, Juhu is famous for its beach. It is also a posh residential neighbourhood and home to Mumbai’s elite

The name of this neighbourhood of Mumbai brings to everyone’s mind the famous and sprawling beach overlooking the Arabian Sea. Juhu is surrounded by Santacruz and Ville Parle in the east and Khar and Versova in the north. Juhu is one of the most upscale localities of Mumbai and home to several Bollywood celebrities and famous personalities, which has earned it the title of ‘Beverly Hills of Bollywood’.

 

Top apartments in Juhu have a sea-facing view which is a key contributing factor to the skyrocketing prices of Juhu real estate. The area also enjoys its nearness to prominent localities and business centres of Mumbai such as Goregaon, Andheri and Bandra-Kurla Complex.

Looking at the history of the region, Juhu was originally an island located off the west coast of Salsette during the 19th century. The island was then inhabited by toddy tappers, salt traders and various cultivators and was known as Juvem, as named by the Portuguese. That time, there was also a small section of Goan population and some east Indians living here. Today, the region boasts of some of the most affluent homes and residential complexes of the city.

The Church of St Joseph, built in 1853 by the Portuguese, is a significant historical landmark in the area. Mahatma Gandhi is said to have taken many walks at the beach during the freedom struggle. The Juhu Aerodrome, a project by the Bombay Flyin Club is another significant landmark in the area. Overall, the beautiful landscape and open beach attracted the most-affluent section of Mumbai’s population since the 1890s and continues to do so even today.

 

 

Connectivity with nearby Juhu localities

Juhu is very well-connected to Mumbai via both railways and roadways.

  • Juhu and its nearby localities are serviced by the BEST bus services.
  • The Western Express Highway and Swami Vivekanand Road lie close to Juhu.
  • Chhatrapati International Airport is 4 kilometres away.
  • Nearest railway station is the Ville Parle station connecting Juhu to all major parts of Mumbai via railways.

 

 

Employment hubs near Juhu

Being strategically located, Juhu enjoys seamless connectivity to the most important locations and employment hubs of Mumbai.

  • The Bandra-Kurla Complex is located 12.3 kilometres away from Juhu.
  • Nariman Point is located at a distance of 29.9 kilometres.
  • Andheri east, another important business district of Mumbai, is located only 5.9 kilometres away.

 

 

Schools in Juhu and other social amenities

There are many reputed schools and colleges in Juhu which are also well-known across India. These include Mithibai College of Arts, Narsee Monjee Institute of Management Studies, Jamnabai Narsee School and St Joseph’s Convent High School.

 

 

Physical infrastructure in Juhu

The RDA has planned and proposed a 2.5 km skywalk that is expected to connect Juhu Beach to Ville Parle station and a passenger terminal to the airport.

 

 

Price trends in Juhu

Being one of the most coveted real estate locations and a posh locality, price trends in Juhu indicate that the rates are always on the higher side in the region.  The price of apartments in Juhu falls between Rs 19,000 per sq ft-Rs 61,000 per sq ft.

 

 

Reasons to invest in Juhu

There is always high demand for property in Juhu, as it offers seamless connectivity to all parts of Mumbai. Various luxury residential projects are under construction by builders in Juhu like Bharat Infra, Kamla Landmarc Group and K Hemani Group. Overall, Juhu is definitely one of the most attractive property investment destinations in Mumbai.

Check properties in Juhu

Was this article useful?
  • 😃 (0)
  • 😐 (0)
  • 😔 (0)

Comments

comments