Commercial Real Estate in Mulund: Exploring Opportunities for Business Growth and Investment

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

Here are some of the reasons why you should consider investing in or leasing a commercial property in Mulund.

Plugging the Supply Gap in a High Demand Area

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.

Strategic Location and Connectivity

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. 

Diverse Customer Base and Catchment Area

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. 

Prospects and Opportunities: The Future is Bright for 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:

• Kalpataru Summit (Mulund West)

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. 

• Marathon Millennium (Mulund West)

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.

Conclusion

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!