From last 3-4 years there has been substantial increase in demand for Student Housing & Hostels in Vile Parle West mainly due to SVKM’s Narsee Monjee Institue of Management Studies – NMIMS which is one of the top university in India. Thousands of Children from different states of India and even International Students take admission every year in NMIMS to get world class education and built their career and reach top height at their early age. This has increased the demand for rental housing for students in Vile Parle West. Many hostels and apartments have started providing accommodation to outstation students with good facilities, so that students and their parents need not worry about how their child will survive in Mumbai and cope with their studies. This in turn has also opened the market for property investors where Investors are increasingly buying properties and renting out to students and families.