Malad is inarguably one of the fastest growing locations in Mumbai today. The transformation is really astounding as Malad was just a suburb cut across by creeks and mangroves. Once governed by several villages, it is one of the most urban and preferred residential locations today.
Here’s everything you need to know about Malad’s real estate market –
The price trend: Malad has shown a gigantic growth in the past few years. The property prices in Malad have grown by a whopping 30% in the year 2015-2016, and rightly so.
Affordable pricing: The property rates in Malad West are relatively cheaper as compared to other locations such as Andheri & Santacruz.
Connectivity: The location enjoys excellent connectivity to prime destinations in Mumbai. It is well-connected to other locations by local trains and takes pride in its robust road network.
Social Infrastructure: Malad West is home to a number of reputed educational institutes, malls and multiplexes. A location with a robust social infrastructure is a must for any investor and with that in mind, Malad West is an obvious winner.
Proximity to prime destinations: The location’s proximity to the airport and Andheri makes it a lucrative investment option.
New projects: Sighting appreciation in the near future, a number of reputed builders have already come up with an array of projects. These projects have given the location a facelift and made it even more desirable.
If you wish to buy a home in this wonderful location of Malad West, Marina Enclave stands out as the obvious winner. The development offers 1, 2 & 3 BHK lavish sea-view apartments with an array of world-class amenities.