Invest in Mulund: High Returns Expected | Mumbai Real Estate
07-Jun-2024 632 views

Nestled within the heart of Mumbai, Mulund West stands as a testament to urban evolution and strategic development. From its industrial roots to becoming a thriving residential and commercial enclave, this neighborhood embodies the dynamic essence of modern Mumbai. Boasting excellent connectivity, serene surroundings, and robust social infrastructure, Mulund West emerges as a prime choice for homebuyers and investors alike. With ongoing infrastructure projects and a burgeoning real estate market, Mulund West promises a blend of convenience, tranquility, and growth potential in India's financial capital.

Mulund West: An Evolving Landscape

  • Historical and Industrial Roots: Originally part of Thane until 1950, Mulund was later integrated into Mumbai's Municipal Corporation. Initially an industrial suburb hosting engineering and pharmaceutical industries, it gradually evolved into a sought-after residential neighborhood.
  • Connectivity: Mulund West enjoys robust connectivity via road, rail, and bus networks. The Eastern Express Highway links it directly to South Mumbai's CBD and SBD areas. It also benefits from proximity to business districts like MIDC, Bandra Kurla Complex, and SEEPZ, enhancing its appeal for commuters and professionals alike.
  • Natural Surroundings: Situated adjacent to the Sanjay Gandhi National Park, Mulund West offers residents a serene environment amidst Mumbai's bustling city life. This proximity to green spaces adds a unique charm and enhances the quality of life.
  • Upcoming Infrastructure: Anticipated developments such as the Goregaon-Mulund Link Road (GMLR) and Metro Line 4 (scheduled for completion by 2028 and 2025 respectively) are set to further elevate Mulund West's connectivity and accessibility.
  • Social Infrastructure: The locality boasts a robust social infrastructure with reputed educational institutions like St. Mary's Convent High School and healthcare facilities such as Fortis Hospital, ensuring essential amenities are within easy reach.
  • Market Dynamics: From 2014 to 2019, Mulund West witnessed the launch of 8,203 residential units, with an additional 11,253 units launched in the following five years. The absorption rate also surged by 103% during this period, reflecting growing demand.
  • Real Estate Options: In the 2 BHK category, projects like Revanta by Piramal Realty and Atmosphere O2 by Wadhwa Group offer units priced between ₹1.38-2.43 crore. For those seeking larger homes, options like Bellanza Phase 1 by Prestige Group and Elitus by Kalpataru in the 3 BHK category are available within the ₹2.08-3.29 crore range.

Investment Potential: Mulund West emerges as a promising investment destination due to its strategic location, upcoming infrastructure projects, and expanding residential options. The area's strategic connectivity via major highways and upcoming projects like the Goregaon-Mulund Link Road and Metro Line 4 enhance its accessibility and appeal. Surrounded by the tranquil Sanjay Gandhi National Park, Mulund West offers a serene environment amidst Mumbai's bustling city life. With robust social infrastructure, educational institutions, and healthcare facilities, it caters seamlessly to the needs of its residents. Whether for living or investment purposes, this locality promises a blend of connectivity, natural charm, and urban amenities.

Follow Us

For all our YouTube videos, property news, industry reports and our latest announcements.