Mulund is an expansive Mumbai suburb primarily known at one point in time as an industrial hub. However, in recent times, it has emerged as a prime residential area with beautiful complexes and an abundance of eateries and malls to cater to the increasing number of people buying residential properties there. With many real estate developers swinging into action, Mulund has become a buzzing real estate market for attractive real estate properties and is setting a scorching pace of development, attracting both people looking for top-class residences and investors. Some of the principal reasons why Mulund is fast becoming the choice of real estate buyers:
Mulund provides a serene environment for families with its proximity to the lush green environs of the Yeoor Hills, 25,000-acre Sanjay Gandhi National Park, and other green pockets within easy reach of the real property complexes. In the hustle and bustle of daily life, there is nothing perhaps as attractive as an opportunity to relax in the serene and peaceful environment of Mulund.
At the same time, Mulund offers easy connectivity to the central business district and other parts of Maharashtra with Lal Bahadur Shastri (LBS) Road, Jogeshwari Vikhroli Link Road (JVLR), and the Eastern Express Highway. It is connected by rail with places like Bhandup, Ghatkopar, and Vikhroli, while BEST bus services are available easily. The Chhatrapati Shivaji Maharaj International Airport is just a tad over 14 km distant. It is easy to travel to Navi Mumbai via the Mulund-Airoli Link Road. The industrial hubs of Seepz, Powai, and Bandra Kurla Complex (BKC) are just half an hour distant, and the upcoming Goregaon Mulund Link Road will bring it even closer to the western suburbs. Mulund will also benefit from the upcoming Wadala-Kasarvadavali Metro rail line leading to further firming of the property market.
There are already several schools in Mulund like Billabong High International School, DAV International School, Mulund College of Commerce, Vikas College of Arts and Commerce, Ramanand Arya DAV College, Datta Meghe College of Engineering, and many more. With Mulund becoming a popular real estate destination, many other educational institutions are coming up to cater to the demand buyers of pre-launch projects in Mulund. There is no dearth of good hospitals in Mulund. Some notable names include Hira Mongi Navneet Hospital, Holy Trinity Hospital, Chandraganga Spandan Hospital, and Maruthi Nursing Home. There is an abundance of entertainment, shopping, and dining options in Mulund and you are never too far away from a bank ATM.
Even as Mulund transforms into a preferred destination for residential real estate, there is a massive upsurge in the number and quality of residential projects. Many of the nation’s leading real estate developers and builders have spotted the opportunity in Mulund. They are constructing contemporary residential complexes offering outstanding living conditions to residents with premium quality of construction and focus on top-quality facilities and amenities. You can expect a typical premium real estate project in Mulund to have facilities like swimming pools, skating rinks, gymnasiums, multi-purpose indoor studios, cycling tracks, mini-theaters, and more that cater to the demands of the young and aged alike.
With the prices of commercial and residential properties in Mulund relatively lower than in suburban areas like Malad and Andheri, Mulund has emerged as an attractive option for real estate investment. Even if you do not require an apartment to live in, buying one makes sense because you will get to benefit from a steep rise in prices in the medium and long term.