Posted on 2 February, 2024 by Sugee Group
Mulund is fast emerging as one of Mumbai’s most promising real estate hubs owing to its unique amalgamation of culture, finance and commerce. Located in the vicinity of the scenic foothills of Sanjay Gandhi National Park, Mulund combines the appeal of a commercial center with the tranquility of serene environs. The locality also offers the advantage of proximity to prime business districts such as MIDC, Bandra-Kurla Complex, SEEPZ and Powai.
Mulund is regarded as one of Mumbai’s earliest planned neighbourhoods and over the years, it has evolved into a bustling locality with prominent residential projects. Strategically located in the burgeoning northeastern region of Mumbai, Mulund has cemented its position as a promising residential destination. The locality also enjoys close proximity to the Eastern Suburbs as well as Thane and Navi Mumbai, making it suitable for professionals employed in these locations. With a sharp growth in its real estate profile, Mulund is on the horizon of several property investors as well as end-users. Let’s look at the most prominent factors that make the neighbourhood the most preferred one.
Superb connectivity
As it facilitates smooth and swift transit in a bustling metropolitan like Mumbai, connectivity is often the deciding factor for homebuyers. Mulund scores high in this regard as it enjoys excellent connectivity to LBS Marg and the Eastern Express Highway giving easy access to other parts of Mumbai. The Mulund-Airoli Bridge has further enhanced its connectivity to Navi Mumbai. Several upcoming infrastructure initiatives such as the Wadala-Kasarvadavali Metro Line 4 and Goregaon-Mulund Link Road (GMLR) will ease seamless connectivity for daily commuters to and from Mulund.
Proximity to employment hubs
The presence of industries and large-scale IT parks in and around Mulund provides employment opportunities to professionals residing in the area. Due to its strategic location and superior connectivity, Mulund has emerged as a preferred residential option for families of individuals employed at several IT parks. The locality is also in close proximity to the industrial hub and offers a range of housing options to its working population.
Sound social infrastructure
Mulund is a well-planned locality with ample green spaces and a thriving social infrastructure including reputed schools, colleges and healthcare centers. It is the epicenter of renowned educational institutions such as DAV International School, St. Mary’s Convent High School, NES International School, NEXT School, V G Vaze College of Arts, Science and Commerce and Mulund College of Commerce. Quality healthcare is also easily accessible at multi-speciality and super-speciality hospitals like Fortis Hospital, Lotus Multi-Speciality Clinic and Hira Mongi Navneet Hospital.
A melting pot of different food cultures, Mulund is home to many restaurants serving a variety of delectable cuisine. Malls and retail centers in Mulund take care of the shopping and recreational requirements of residents. Furthermore, its proximity to Thane gives them access to a wider range of retail venues and green spaces. The strategic location also serves as a gateway to popular destinations like Pune, Nashik, and Matheran.
Wide range of residential options
With its connectivity and social infrastructure development, Mulund has attracted several reputed and top developers of Mumbai to construct residential projects in the location. From local builders to top names, there is a wide range of projects and configurations to cater to different preferences and budgets. The surrounding greenery and open spaces in Mulund are the perfect backdrop for residential projects offering panoramic views and a glimpse of nature. Home buyers can choose from 1BHK, 2BHK, 3BHK in Mulund with ample open spaces and amenities that are nestled in a lush expanse of greenery. The locality also offers affordable options within the reach of several home buyers who are looking for a comprehensive lifestyle. According to a report by PropEquity, in the CY Q2 of 2023, 2,194 new units were launched across Mumbai and Mulund was in the top 5 micromarkets. The location also maintained its top position with the highest rate of residential unit sales in the city.
Gateway to a better life
With improved infrastructure and upcoming connectivity, Mulund offers a promising future to end users as well as investors. A harmonious blend of natural beauty, vibrant entertainment, and a diverse community, it’s an ideal residential destination catering to all budgets and preferences. If you are seeking a better life in one of the most well-connected parts of Mumbai, look no further than Mulund!
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