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Tuesday, March 07, 2017

Mumbai, Pune, Delhi NCR & Bangalore - The Best Areas for Women - March 8 International Women’s Day

March 8 International Women’s Day

The Best Areas for Women Mumbai, Pune, Delhi NCR & Bangalore

 by Mr.  Santhosh Kumar, JLL India

For over a century, people across the globe celebrate March 8th as International Women’s Day and the social, economic, cultural and political achievement of women. 

This year’s (2017)  theme for International Women’s day is ‘Be Bold for Change’ – and change is definitely called for. 

The world needs to raise its collective voice against gender bias, inequality and violence against women. 

We also need to give more encouragement for women’s advancement, celebrate their achievements and champion the cause of women’s education.

Closer home and the ground realities in India, working women need to know they can live, work and yes - entertain, peacefully and safely. 

Far from raising it for change, the voice of countless working women in India is stifled under the pressures of a daily work commute and the responsibility of managing their households. 

Not all residential locations are created equal – and certainly not for women in our largest metros like Mumbai, Delhi, Bangalore and Pune. 

To identify the relatively safer and more convenient areas where women can live, work and relax in relative peace in these cities, we focus on some critical operative real estate factors, such as:

·         Proximity to work places and shopping areas

·         Proximity to schools

·         Safety at home and during commute

·         Adequate commuting options

·         Good healthcare facilities

·         Reasonably priced housing

·         Healthy, green environment
Some locations have themselves been agents of change. Thane in Mumbai, for example, has evolved over the years from being a largely industrial hub to a location that sports large IT/ITes offices, offers a variety of malls and supermarkets, has reasonably priced housing within self-sufficient housing complexes, ample green cover and decent healthcare amenities.
 
 Santhosh Kumar, JLL India

Thane’s proximity to the BKC CBD has also enhanced after the opening of the Eastern Expressway, resulting in it becoming a location of choice for many working women in MMR today. 
Other locations which have evolved from humbler identities to become cosmopolitan hubs include Gurgaon in NCR and parts of Whitefield in Bangalore.

The changes in most cases present veritable case studies of improving social infrastructure that support women who seek a healthy work life / home life balance. They have developed in a manner that aligns with the growing demands of an ever-increasing women workforce.

Safety, especially for single working and senior citizen women, is a growing cause for concern in Indian cities. Not all new urban centres which have evolved on the periphery of the older cities can call themselves truly safe places for women. 

A lot more needs to be done by town planning and law enforcement agencies to ensure that women working late night shifts and single working and senior citizen women need not fear for their safety.

This list of areas is not exhaustive but is a fair representation:


Mumbai

Why They Score High For Working Women
Capital Values  (Rs/sq.ft.)
Rent - 2 BHK / (Rs per month)*
Western Suburbs (Andheri, Vile Parle)
Good connectivity to the Eastern and Western suburbs, good social infrastructure, excellent public transport, proximity to domestic / international airport, workplace hubs, malls and schools.
Andheri: 15,000-25,000, Vile Parle: 25,000-35,000
Andheri: 40,000 -60,000 , Vile Parle - 45,000-65,000
Eastern Suburbs (Mulund)
Good connectivity to commercial locations like Thane, Airoli etc., green and pollution-free environment, proximity to malls, good spread of residential options
Mulund: 12,000-15,000
Mulund: 25,000-40,000
Thane
Good, serene environment, proximity to malls, good spread of residential options, proximity to work hubs in the Western and Eastern suburbs and Navi Mumbai, good healthcare facilities.
7,500-10,000
15,000-25,000
Navi Mumbai (Nerul)
Green and pollution-free environment, proximity to malls, good proximity to key workplaces hubs like Vashi, Thane and Belapur.
Nerul: 10,000-12,000
Nerul: 20,000-35,000

Pune
Why They Score High For Working Women
Capital Values  (Rs/sq.ft.)
Rent - 2 BHK (Rs per month)*
North-East
(Viman Nagar, Kharadi)
Good connectivity & availability of public transport, proximity to workplace hubs, leisure and entertainment options, quality residential projects
Viman Nagar – 7000-8000
Kharadi – 5500-6500
Viman Nagar -18000-20000
Kharadi-12000-14000
North-West
(Baner, Pimple Saudagar, Aundh)
Safety during commute, good availability of public transport, access to high street shopping areas, quality residential projects
Baner – 7000-8000
Pimple Saudagar -6000-6500
Aundh -9000-10000
Baner – 16000-18000
Pimple Saudagar – 14000-16000
Aundh – 17000-22000
South-East (Hadapsar, Wanowrie)
Availability of leisure options, established office corridor, safety, connectivity to workplace hubs, access to high street shopping,
Hadapsar- 6000-7200
Hadapsar – 12000-20000,

Proximity to central area,  connectivity to workplace hubs, access to high street shopping
Wanowrie – 6500-8000
Wanowrie -  16000-21000

Delhi NCR
Why They Score High For Working Women
Capital Values  (Rs/sq.ft.)
Rent - 2 BHK / (Rs per month)*
Golf Course Road, Gurgaon
Proximity to workplace hubs, multiple apartment and condominium options with adequate safety features, easy access to shopping areas
7,500-11,000 for older apartment projects of generally 2 and 3 BHK formats
2 BHK – 25000-30000 (multiple women may share rooms individually or on double occupancy basis)
DLF-Phase 1 and areas near MG Road
Row housing options for PG accommodation, safety measures implemented by local RWAs, multiple apartment and condominium options with adequate safety features, easy access to shopping areas, proximity to commercial corridors, Metro connectivity
Row Houses: Independent Floors – 10,000–15,000
Apartments: 10,000-16,000
2 BHK independent floors: 20000-25000
2 BHK apartment: 30000-40000 (based on project location and quality)
Multiple sharing basis
Parts of South Delhi, especially around Greater Kailash – I and II
Row housing options with adequate safety provisions implemented by local RWAs, access to public transport and Metro linkages to CBD, well connected to prime commercial corridors of Nehru Place and Saket and shopping malls
Apartments - 12000-16000/sq.ft.
2 BHK: 50,000-60,000
2 BHK Row houses in CR Park & Kalkaji internal blocks: 30,000-40,000
Multiple sharing basis
Prime residential sectors of Noida (sectors 14,15, 40, 44 and 93)
Metro connectivity, condominium safety features, accessibility to neighbourhood shopping and connectivity to malls
Apartments - 6500-10000 per sq ft
2 BHK: 20000-25000 in typical apartment projects

Bangalore
Why They Score High For Working Women
Capital Values (Rs/sq.ft.)
Rent - 2 BHK / (Rs per month)*
CBD area
Good connectivity, camera surveillance in some places, streets have high activity 24X7, access to public transport (Metro and bus connectivity)
8500-10000
28000-45000
Koramangala
Good connectivity, camera surveillance in some places, access to public transport (buses)
9000-12000
20000-40000
Parts  of Whitefield
Good connectivity, camera surveillance in some places, streets have high activity  24X7 due to many BPOs operational, access to public transport (buses)
5000-6000
18000-23000

Note: * Rents are for 2 BHK unfurnished apartments

About the author..

Mr.  Santhosh Kumar, CEO – Operations & International Director, JLL India

For media contact
Arun Chitnis
Head - Corporate Communications & Media Relations
JLL India
Level 6, Amar Avinash Corporate Plaza
Bund Garden Road,
Pune 411001.
Tel: (020) 40196100 Fax: (020) 40196101
Mob: 91 9657129999
Website: www.joneslanglasalle.co.in
Blog: www.joneslanglasalleblog.com/realestatecompass


Mumbai, Pune, Delhi NCR & Bangalore - The Best Areas for Women - March 8 International Women’s Day Reviewed by S. Chitra on March 07, 2017 Rating: 5 March 8  International Women’s Day The Best Areas for Women Mumbai, Pune, Delhi NCR & Bangalore  by Mr.  Santhosh Kumar, JLL In...

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