Mulund, which is quickly becoming one of the favourite neighbourhoods for real estate investments in Mumbai, provides a wide range of residential and commercial alternatives, as well as excellent connectivity and sturdy infrastructure. Major reasons for the rising popularity of the area are shared by navimumbaihouses.
Geographically, Mulund is one of Mumbai's suburbs that is growing the quickest. Mulund, a convenient suburb in the city's northeast, is home to a number of the city's most popular shopping areas and housing alternatives. Mulund, which was designed with a modern grid pattern in mind, has been successful in luring investors because of its location and its fast commercialization.
Factors that make Mulund a favoured residential area
Mulund, one of Mumbai's well-planned neighbourhoods, has every essential amenity a buyer or investor might need. The neighbourhood offers improved social infrastructure and connections, drawing a sizable inflow of working population from nearby locations. The following are a few reasons Mulund is becoming a more desirable residential area in Mumbai:
Connectivity
Mulund is conveniently connected to Mulund via the powerful Central line. The Lal Bahadur Shashtri Marg, the Mulund-Goregaon Link Road, and the Eastern Express Highway provide great access to the area's key locations in eastern and southern Mumbai. Additionally, Mulund-Airoli Road offers access to Navi Mumbai. The Wadala to Kasarvadavalli segment of the currently under construction Mumbai Metro Line 4 will improve connection between the neighbourhood and the airport as well as other parts of Mumbai. By the end of 2025, the metro should be finished.
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Social support systems
Mulund is rapidly growing, and its infrastructure is sound. The area provides the ideal balance of comfort and pleasure. Along with numerous recreational and leisure options, the area boasts a strong social and municipal infrastructure that includes hospitals and schools. Some of the well-known educational institutions in Mulund are Holy Angels Marthoma, Bombay Presidency International, and St. Mary's Convent High School. The three well-known malls, R Mall, Korum, and Viviana, are situated 5–10 kilometres apart from Mulund. Some well-known hospitals in the area are Fortis, Platinum, and Upasani Super Speciality.
Residential possibilities Ample
According to navimumbaihouses, the neighborhood's average capital prices are around Rs 19,850 per square foot. Rent for residential properties here ranges from Rs 25,000 to Rs 88,000 per month. The area has so established itself as a suitable option for middle-class purchasers and investors seeking consistent rental income. Real estate broker Gagan Thapar claims that Mulund's strong infrastructure and close proximity to several job locations are the main factors driving residential demand. Mulund offers a variety of housing options, from 1 to 4 bedrooms, however the most popular room arrangement there is a 2 bedroom.
Rental Prices
Rental rates in Mulund (per month)
Locality 1 BHK 2 BHK
Mulund East Rs 15,000 - 30,000 Rs 32,000- 45,000
Mulund West Rs 16,000 - 32,000 Rs 35,000 - 50,000
Residential possibilities Ample
According to navimumbaihouses, the neighborhood's average capital prices are around Rs 19,850 per square foot. Rent for residential properties here ranges from Rs 25,000 to Rs 88,000 per month. The area has so established itself as a suitable option for middle-class purchasers and investors seeking consistent rental income. Real estate broker Gagan Thapar claims that Mulund's strong infrastructure and close proximity to several job locations are the main factors driving residential demand. Mulund offers a variety of housing options, from 1 to 4 bedrooms, however the most popular room arrangement there is a 2 bedroom.
Source From:- navimumbaihouses
