Four Reasons Why You Should Invest In Mulund
Mulund was envisioned back in 1922 and is one of the first planned cities, designed by renowned architects Crown and Cater. The locality gives tough competition to western cities like London and New York with its intelligently planned modern grid patterns. The suburb is changing the real estate scenario with the mushrooming of never seen towers and townships. Moreover, infrastructure development has also picked up the pace and has seamlessly connected Mulund to different nodes of the city. Mulund is now an enviable mix of convenience and leisure making it an ideal destination for those looking to be a part of the hustle bustle but still enjoy peace and calm.
Let’s look at why you should invest in Mulund to get your money’s worth!
- Basic and Social Infrastructure: Mulund has seen the growth of a vibrant lifestyle in the past few years with restaurants and malls. One need not look out far for a comfortable and convenient lifestyle. Not only this, Mulund is also equipped with good healthcare and educational facilities with Fortis Hospital among others and educational institutions such as DAV International School, Mulund College of Commerce & V.G. Vaze College of Arts, Science and Commerce. One can rest assured that they are getting value for the investment in this locality.
- Connectivity: The value proposition of an area is instantaneously enhanced if there are seamless connectivity options available. Mulund ranks high in terms of transport facilities and is effortlessly connected to the rest of the city through central suburban rail network and roads. Mulund is one of the busiest railway stations on the central line and the bustling Lal Bahadur Shastri (LBS) Road and Eastern Freeway provide an easy commute to South Bombay, Navi Mumbai, and Thane. The international airport is also a short drive away. The connectivity in Mulund is set to be enhanced with the proposed 14km Goregaon Mulund Link Road (GMLR). The travel time from Goregoan to Mulund will be cut short to approx. 20-25 minutes bringing the eastern and western nodes of the city closer than ever.
- Commercial Hubs: Everything that a homebuyer looks for in a home, can be found in Mulund. The liveability quotient is enhanced as several business districts such as MIDC, Bandra-Kurla Complex, SEEPZ, and Powai are in proximity of this bustling suburb. Residents of Mulund can save a significant amount of their commute time to work and maintain a better work-life balance.
- Residential Market: Homebuyers will surely be delighted with the options Mulund has to offer. The huge land parcels at attractive rates make future development possible in the affordable to premium segments. The residential projects in Mulund are thus encompassed with impressive amenities such as state of the art clubhouses, gymnasiums, jogging tracks, multipurpose courts, banquet halls, etc.
With Mulund providing an all-around lifestyle and a holistic living development, one need not go out of the way to live a comfortable life. Mulund has seen a uniform appreciation in property prices however homebuyers are willing to pay a premium for the same. The future of the real estate market of Mulund looks bullish and will see further enhancement in the coming years.
This article is authored by Maulik Sheth, Director, Ashwin Sheth Group