Mulund has been a prominent location from an investment point-of-view. The property rates are slightly on the higher side now but are expected to increase rapidly over the next few years. Therefore, investing in Mulund can fetch you better returns in the future.
Mulund is a suburb that is situated in the North-East part of Mumbai. This suburb is today home to several prominent residential properties. Known for its history, it is one of the earliest planned suburbs of Mumbai. This suburb has also gained a reputation of being the greenest suburb of Mumbai, due to its extensive green covers and picturesque surroundings. Owing to all these characteristics of this place, many people prefer to reside here.
It is a safe locale to stay at if you wish to reside here with your family. People usually go for 2 BHK flats in Mulund to live with a family. The projects here offer world class amenities and a range of services to upgrade your lifestyle. You don’t need to move out of your home to take a dip in a pool or play your favourite sports match, the 3BHK flats in Mulund are sought after for their spacious designs all amid nature.
In terms of connectivity, Mulund has an efficient bus network. Mulund Depot is one of the major bus depots of Mumbai. From these buses, people commute to various parts of Mumbai such as Ghatkopar, Thane, Dadar, Bandra, Andheri, Borivali and Navi Mumbai daily.
One of the interesting things about Mulund is that it has easy accessibility to the Eastern Express Highway and Navi Mumbai, through the Mulund-Airoli Bridge. It also shares proximity with important localities of Mumbai such as Thane and Vashi.
Mulund is attracting many real estate developers, investors, and potential home buyers as it promises a comfortable lifestyle with the highest investment returns. The real estate market in Mulund is seeing noticeable growth in various segments catering to the chunk of middle-income groups to affluent income groups.
The city’s infrastructure, prestigious educational institutions, top healthcare facility centres, leisure and entertainment centres, luxurious residential properties, constant economic developments, all are shaping Mulund, and nurturing it as one of the lucrative destinations to invest in. Such favourable conditions are nothing but a win-win situation for both investors and end-users.
Both investors and end-users are finding Mulund a profitable realty destination. Apartments for rent are also in great demand in Mulund, due to the number of job opportunities in the nearby areas. Investing here is a wise bet, as the rental market in Mulund is quite strong and is growing rapidly. Besides, factors like several well-known schools and colleges, excellent transport facilities, and favourable infrastructure growth have made Mulund one of the best destinations for residential investment. Also, Mumbai City Development Plan 2005-2025 proposes construction of a Goregaon-Mulund Link Road, which will not only enhance the connectivity of this suburb but lead to significant appreciation in property rates.
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