Mulund is one of the most popular suburbs of Mumbai, located in the North East region, strategically between Navi Mumbai and Thane. Moreover, this place has immense potential for investors and residents.
Mulund West has tons of entertainment and recreational facilities. The civic and social infrastructure around the locality is also commendable, as you get the best of hospitals and schools.
Considering the rising demand for real estate around Mumbai, buying a house in Mulund West is an attractive investment and lifestyle choice. If you want to know why and why this locality is so unique for attracting such a large investment, follow this blog until the end.
The Whooping Rise in Real Estate Pricing!
Buying a house in Mulund West in 2023 will cost you an average price of Rs. 19,500 per sq. ft, and this pricing is around 5% higher than that of the average of 2022. In the last five years, the average price of properties per sq. ft. has increased by around 18% or more. Hence, these statistics indicate that buying a house in the Mumbai suburb will ensure high ROI.
A real estate property in Mulund West is among the best profitable opportunities for all potential investors. It is one of the primary reasons people are keener to buy and rent properties in the locality. Not just that, but even home buyers are aware of this investment & returns ideology. Therefore, buying a house is more like investing in an appreciating asset for them.
The Uninterrupted Connectivity Draws More Opportunities for Mulund West.
The locality is close to Thane and Navi Mumbai, the two most important parts of the entire city. If you are to travel to other parts of the state, you can easily ride through the Airoli-Mulund bridge, Lal Bahadur Shastri (LBS) Road and Eastern Express Highway. Chhatrapati Shivaji Maharaj International Airport is 18.6 km away from Mulund West via Jogeshwari-Vikhroli Link Road.
Using the LBS Road and Mulund-Goregaon Link Road, residents of Mulund can easily travel to Mumbai's southern, eastern and western parts. The railway and road connectivity is optimal for the people of Mulund to stay connected with the surrounding localities easily.
The railway station at Mulund seamlessly connects the locality with Vikhroli, Ghatkopar and Bhandup.
The Metro Line 4, which is under construction and will be ready by 2025, will connect Kasarvadavali to Wadala. In this route, it will also connect Mulund, just like the cherry on top, for attracting home buyers and investors towards putting their money in this place.
A Wide Range of Physical and Social Infrastructure Facilities
Known as the prince of suburbs, Mulund is not just where you come to live an enhanced lifestyle, but it is also a hub for many activities. There are immense facilities and amenities here, which leads the people of Mumbai to reconsider their real estate investment decisions. Some of the popular landmarks are as follows:
- Holy Angel’s High School
- HK Gidwani High School
- VG Vaze College
- Mulund College of Commerce
- Fortis Hospital
- CHETNA Critical Care Unit
- Panchsheel Hospital
- Hira Mongi Navneet
- Kalidas Gardens
- Dhingra Park
- Sambhaji Garden
- Lifestyle Mall
- R Galleria
- R Mall
Besides these astounding infrastructure facilities, Mulund West is also connected closely to the major employment hubs around the locality. By investing or living in Mulund West, you will be close to the offices of big companies such as Glaxo, Hoechst and Merind, Johnson and Johnson, etc.
Powai, another popular business hub, is just 12.5 km from Mulund West. Following that, MIDC, Andheri East and Bandra-Kurla Complex are 9.5 km and 20.2 km away from the locality. To reach the Bandra-Kurla Complex, you can take the Eastern Express Highway to reach your destination faster!
The tenants find this place quite affordable, so the property owners won’t find it challenging to get their source of passive income. As the place is close to business and IT hubs, the job-goers will mostly prefer renting their house in Mulund West to stay in proximity.
Conclusion
Hence, with all of these infrastructure and trend development patterns, it is evident that Mulund West will become one of the most attractive investment opportunities. To make this demand escalate, the top builders such as Piramal Realty, Kalpataru and Runwal Group have ample ready-to-move-in houses in Mulund West.
So, if you want one of the best homes in Mulund West, it is time to look out for one over Blox!
Blox is a property search engine where you can locate properties of all types and by all developers of specific localities. All you have to do is select the location, pick the developer, choose your budget and specify the property type. When done, you will have a long list of available properties to explore or book a site visit.
