Sion property market: An overview

[ecis2016.org] Sion is a locality in central Mumbai and has all the important commercial places close by. This is a developing residential area and has several important localities like Ashok Nagar, Bandra and Chembur located nearby

The word Sion in Marathi language is Sheev which denotes boundary or limit. The Sion village formed a boundary between Mumbai and Salsette island. The British named it as marking the end of the Mumbai city. However, today it is not the end of the city.

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Several builders in Sion like Shree Enterprises, Omkar Builders and Developers, etc., are constructing residential complexes. There are flats in Sion ranging from 2-BHK to 5-BHK. The amenities and services vary according to the buyer’s budget. There are several apartments and independent houses in Sion too.

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Connectivity with nearby Sion localities

• The distance from Chhatrapati Shivaji Maharaj International Airport to Sion is 11.4 kilometres.
• The distance from Mumbai Central railway station to Sion is 8.8 kilometres.
• There are several bus stops which help to connect with other parts of the city.

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Employment hubs near Sion

• The distance from Bandra to Sion is 6.7 kilometres.
• The distance from Nariman Point to Sion is 14.5 kilometres.
• The distance from Vikhroli to Sion is 12.7 kilometres.
• The distance from Andheri east to Sion is 13.5 kilometres.

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Schools in Sion and other social amenities

Various schools in Sion include Little Flower Bloom and Shiv Mumbai Public School. The hospitals in Sion include Pramukhswami Eye Hospital and Healthcare Pathology, among others. Shopping complexes in Sion are AK Enterprises and Moda Clothing. Banks and ATMs in Sion include ICICI Bank ATM and Axis Bank ATM. The various restaurants in Sion Include Sion Lunch home and Chilli Pepper. Parks in Sion include Maharashtra Nature Park Society – Botanic Gardens Conservation.

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Price trends in Sion

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The price trends in Sion from October 2016 to December 2016 have been as follows: The highest rate for multi-storey building is Rs 23,020 per sq ft, the average rate is Rs 17,846 per sq ft and lowest rate is Rs 12,673 per sq ft.

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Reasons to invest in Sion

Sion is one of the most important areas of Mumbai today. In this area, the most important offices and business hubs are located and along with it are the top residential complexes. Big real estate developers are investing a lot in this area. Sion is located in the heart of the city and all the important localities are close by. The social infrastructure of this area is also very well-developed with many schools and colleges. There are many well-equipped hospitals that provide a wide range of facilities. There are many refreshment options too like restaurants, parks and cinema halls. The airport and railway stations are also close by.

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Source: https://ecis2016.org
Category: Lifestyle