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Malvani: A Paradise for Home Buyers Looking for Budget Properties

Apr 24, 2023
5 mins read
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Apr 24, 2023
5 mins read

Have you heard about the booming residential real estate hotspot of Malvani in Mumbai? It is indeed a paradise for home buyers looking to purchase budget properties in the city of dreams. Today, flats in Malvani are easy to purchase, offering the best location advantages, convenience, connectivity, and amenities.

For the uninitiated, Malvani is a residential locality in Malad West, a suburb of Mumbai, the capital city of Maharashtra. It is surrounded by mangroves and has a rich cultural heritage. In fact, the region is named after Malvan, a town in the Sindhudurg district of Maharashtra, which is famous for its cuisine and fort. You must have heard about the famous Malvani cuisine, which is a blend of Maharashtrian and Goan cuisines and uses coconut, fish, and spices extensively. 

Well, Malvani is a vibrant and lively locality that offers a mix of nature, culture, and entertainment. It is truly a place worth investing in if you want to purchase a home or a property.

So, what makes it a paradise for homebuyers? Let us examine this closely. 

1. Affordable Housing Options: Malvani offers a peaceful and calm environment away from the hustle and bustle of the city. Malvani has a variety of housing options to suit different needs and preferences. You can find multi-storied apartments, row houses, bungalows, etc., in this locality. The average price of an apartment in Malvani is around INR 16,265 per sq. ft., which is much lower than the average price in Mumbai’s central areas. You can easily find world-class properties under INR 50 lakhs in Malvani, which is rare in Mumbai. In fact, most of the flats in Malvani are listed online within the range of INR 40 to 60 lakhs. Multi-storey apartments are a very popular choice in Malvani, thus making it an ideal residential destination for bachelors and families looking for a more modern and convenient living space.

2. Proximity to Mindspace Malad: Mindspace Malad is one of the largest IT parks in Mumbai, housing many reputed companies like IBM, Accenture, L&T Infotech, JP Morgan, and more. It is located just 5 km away from Malvani, making it convenient for working professionals to commute to their offices. Mindspace Malad also offers many amenities like restaurants, cafes, malls, multiplexes, and hospitals nearby.

3. Good Connectivity: Malvani is well-connected to other parts of Mumbai by road and rail. It has several bus routes operated by BEST (Brihanmumbai Electric Supply and Transport) and NMMT (Navi Mumbai Municipal Transport). How about airport connectivity? Well, Malvani is only 16 km from the Mumbai International Airport. The Western Express Highway and the Link Road are the main arterial roads that connect Malvani to areas like Andheri, Bandra, Goregaon, Borivali, and more. The nearest railway station is Malad, which is on the Western Line of the Mumbai Suburban Railway. You can also find buses, auto-rickshaws, and taxis readily available in Malvani.

4. Cultural Diversity: Malvani is a melting pot of cultures and communities. You can find people from different religions, castes, languages, and regions living here harmoniously. Many families and bachelors keen to settle in Mumbai often prefer Malvani for its affordable housing options, world-class infrastructure, and connectivity. Malvani is also known for its cuisine, as mentioned before, as it has influences of the original Malvani cuisine from Maharashtra.

5. Social Infrastructure: Malvani has a decent social infrastructure that caters to the needs of its residents. In this locality, you can find schools, colleges, hospitals, banks, markets, temples, mosques, churches, and more. Some of the prominent educational institutions in Malvani are St. Anne's High School, Rizvi College of Arts Science and Commerce, Atharva College of Engineering, and more. Some of the reputed hospitals in Malvani are Shree Sai Hospital, Oscar Hospital, Sanjeevani Hospital, and more. For those who love to go shopping and indulge in recreation, Malvani offers close proximity to some of Mumbai’s most famous malls, such as Inorbit, Oberoi, and Infiniti Malad. Medical infrastructure in Malvani is also top-notch, with popular hospitals like Atlantis and Zenith Multispecialty – all in the vicinity. 

Malvani also has many attractions for tourists and locals alike nearby. Some of them are Aksa Beach, Marve Beach, Madh Island, Essel World (an amusement park), Water Kingdom (a water park), Global Vipassana Pagoda (a meditation centre), and Sanjay Gandhi National Park (a wildlife sanctuary).

Final Thoughts

Ultimately, Malvani continues the trend of development of more modern urban residential hubs in Mumbai that are both affordable and accessible for the common man. With property rates in the city skyrocketing every year, it is great to find such affordable and quality neighbourhoods in the city that provide everything you need in terms of good connectivity and social infrastructure. Add to that the green cover of the locality, and you have a very healthy location to find and purchase your dream home. Let Malvani be where you finally fulfil your dreams of building a proper roof above your head!

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