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Malad- A rising residential hub in Mumbai

May 24, 2017 | Admin

Malad- A rising residential hub in Mumbai

Mumbai is one of the fastest growing cities in India. It sees a number of migrants every year, who come to the city looking for job opportunities. The city has witnessed wide expansion in neighboring suburbs including Malad, and Goregaon. Malad, is a suburb in the western part of Mumbai. The area is well connected to the rest of the city via the Western line of the Mumbai suburban railway. The locality was initially covered with mangroves and very few people used to live here. However, after the mid-20th century, as more industries started to establish in the area, it witnessed a turnaround and saw a sudden increase in demand, for residential realty among the wealthy class of people.

The area has seen vast appreciation in residential and commercial properties over the last few years. It has emerged as a hotspot for investors with quality construction and state of the art luxury amenities. Malad had witnessed the emergence of a large number of industries, commercial complexes, shopping malls, gated communities, and has been named ‘Mumbai’s fastest growing suburb’.

With more offices and commercial spaces moving from the southern part of Mumbai, the region continues to witness immense demand in residential property. The area is preferred by people employed in industries in the neighboring suburbs of Powai and Andheri. Malad is well connected both by rail and road to the rest of the Mumbai. It is also in the vicinity of the international airport, international schools and colleges, hospitals, etc. The Mumbai Central railway station is just 27.2 kilometers from Malad East. While the Chatrapati Shivaji Maharaj International Airport is 11.5 kilometers from Malad via Arey Road. The distance from Bandra to Malad east is just 14.9 kilometers via New Link Road and the distance from Andheri East to Malad East is 9.8 kilometers via the Western Express Highway.

 The area is an important commercial and IT hub. Many leading builders are constructing premium residential projects in the area like Omkar Signet, to meet the growing needs. The flats are available in varying sizes to meet the demand of various family sizes. The residential complexes are filled with luxurious amenities to meet the modern lifestyle. The major localities today in Malad are Sunder Nagar, Govind Nagar and Navy Nagar.

Malad East is one of the fastest growing localities in Mumbai, and is known for its residential colonies IT hubs. The area offers amazing civic and social infrastructure, which is idle for home buyers. Malad also boasts of an excellent transport system, which makes it a prime location. Malad East is predicted to become one of the top localities of Mumbai soon!  Omkar Vive BkcNew launch project also from Omkar Developers

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