Located in the north-eastern region of Mumbai, Mulund has been attracting a lot of growth in terms of infrastructure and real estate development in the MMR. Offering a mix of residential, commercial and industrial spaces, Mulund is steadily rising as a fantastic investment option in the eyes of the investors. Amidst it all, it is the scene of investing in a commercial property in Mulund that is creating quite the buzz.
Already, Mulund, be it East or West, is well-connected to other parts of the city by road and rail, and has a vibrant social and cultural scene. Mulund is also home to some of the best educational institutions, hospitals, malls and entertainment options in the city. This means that it is ripe for commercial development which can contribute massively to scaling up the Mumbai economy to unprecedented heights.
But what makes Mulund an attractive destination for commercial real estate
Mulund has a high demand for commercial spaces, especially from small and medium enterprises, start-ups, professionals and service providers. However, the supply of quality commercial spaces is limited, creating a gap that can be filled by new developments. This also means that the rental and capital values of commercial properties in Mulund are likely to appreciate over time. Taking advantage of this supply-demand mismatch, more and more leading developers such as Kalpataru have begun developing world class commercial properties which can be your ticket to achieving a high RoI in the future.
Mulund is strategically located at the junction of the Eastern Express Highway and the LBS Marg, two of the most important arterial roads in Mumbai. It is also close to the Thane-Belapur Road, which connects to Navi Mumbai and Pune. Mulund has a railway station on the Central Line, which connects to CST, Dadar, Kurla, Ghatkopar and Thane. It is also well-served by buses, taxis and auto-rickshaws. Mulund is about 15 km from the international airport and 25 km from the domestic airport. All these parameters have created exceptional connectivity for the suburb, making it a favourite amongst home buyers off late. With more and more people buying a property in Mulund owing to its increased liveability quotient, commercial establishments in the area will witness a larger footfall. This makes Mulund a prime location to purchase a commercial property.
Adding on to the above point, Mulund has a diverse and affluent customer base, consisting of residents from Mulund itself as well as nearby areas like Bhandup, Nahur, Kanjurmarg, Powai and Thane. It also has a large catchment area of corporate offices, industrial estates, IT parks and SEZs in the vicinity. These factors create a high potential for business growth and revenue generation for commercial establishments in Mulund.
Mulund is witnessing a transformation with several new projects coming up in the area. These include residential complexes, commercial towers, retail outlets, entertainment zones and civic amenities. Some of the notable projects are Runwal Greens, Nirmal Lifestyle City, Marathon Monte Carlo, and Neptune Magnet Mall. These projects will enhance the value proposition of Mulund as a commercial hub and create more opportunities for business growth and investment. So, what are some of the most lucrative commercial property opportunities that one should explore in Mulund? Here is a list of the best ones:
Banking upon value appreciation in the commercial real estate scene in Mulund, established developers Kalpataru have launched Kalpataru Summit as a commercial and business hub in the suburb. Boasting bespoke office spaces, a 3-tier security system, high-speed elevators, air-conditioned lobbies, and premium architectural design, Summit is shaping up to be a great commercial property prospect along the LBS Marg.
Owning a commercial property in Mulund West can be a dream come true, especially if you have one at the proposed 27-storey Marathon Millennium commercial tower that is offering flexible office and business spaces ranging from compact 350 sq. ft. area to massive 10,000 sq. ft. Some of its bespoke features include earthquake-resistant glass, a stunning glass façade, fingerprint access to the building, high-speed elevators, etc.
If you are looking for a commercial property in Mulund, you can choose from various options such as office spaces, shops, showrooms, warehouses, godowns or co-working spaces. You can also opt for different sizes, locations and budgets to suit your requirements. Whether you want to buy or rent a commercial property in Mulund, you can rest assured of finding incredible value in the upcoming and established commercial destinations that seek to put Mulund on the Mumbai commercial real estate map!
So, you’ve found your dream home, arranged for the finances to purchase it, and are now ready to live your desired life carefree. But amidst all that, as a new or prospective home buyer, you must not let one critical part of the property purchase process go unnoticed: the sales agreement!
Picture yourself in the vibrant heart of Navi Mumbrai, where luxury meets opportunity and a sense of community thrives. Welcome to Sanpada, a locality that has swiftly risen to prominence in the world of real estate. With a coveted pin code of 400705, Sanpada offers a dynamic landscape of living options. Boasting over 350 properties for purchase and more than 100 for rent, it's no wonder residents rate this neighbourhood an impressive 4.5/5 for connectivity and a solid 4.3/5 for safety.
In today's rapidly changing world of commerce, where the ability to adjust and be versatile is pivotal for prosperity, the selection of suitable office premises can wield considerable influence. Amongst the numerous alternatives at hand, two particular terms frequently gain prominence: secured office areas and virtual office settings. Although each possesses its own strengths, they are distinctly purposed. To effectively comprehend the distinctions and arrive at a well-informed choice, it becomes imperative to delve into the dissimilarities between these two alternatives.