Area sees remarkable transformation with infra such as Mumbai Metro and road developments
MUMBAI, Jan 21 (The CONNECT) – Mumbai’s Central Suburbs experienced the most significant growth in property registrations, increasing their share from 29% to 33%, during December 2024, according to Knight Frank.
Mumbai’s central suburbs have long been synonymous with excellent connectivity, green spaces, and burgeoning residential developments.
Over the years, areas like Mulund in particular have risen to prominence as sought-after destinations for homebuyers, thanks to their unique blend of modern infrastructure, ample greenery, and robust connectivity.
Realtors highlight Mulund’s transformation from a quaint suburb to a thriving residential hub. With a range of projects catering to diverse homebuyer segments, Mulund has established itself as a hotspot for those seeking a balance between luxury and lifestyle.
Nishant Deshmukh, Founder and Managing Partner of Sugee Group said, the central suburbs, particularly Mulund, are witnessing a remarkable transformation owing to improved infrastructure projects like the Mumbai Metro and road developments. This, fueled by comprehensive redevelopment projects, is turning it into one of Mumbai’s most desirable investment destinations. Homebuyers are increasingly recognizing the value of investing in Mulund, which offers a strategic location connecting the city’s eastern and western corridors seamlessly.
Known as the ‘Prince of Suburbs,’ Mulund is one of the few areas in Mumbai that combines modern urban living with the serenity of nature.
Navin Makhija, Managing Director of The Wadhwa Group emphasized, Mulund is unique in its ability to stand out as a micro-market with its unique blend of urban charm and green living offering abundant open spaces. For today’s discerning homebuyers who prioritize wellness and sustainability, Mulund checks all the right boxes. The area’s evolution is marked by an influx of upscale residential projects of large scale where community living is the biggest focal point along with a lucrative blend of luxury and convenience. As infrastructure enhancements and lifestyle amenities continue to evolve, the region’s appeal is increasingly becoming synonymous with both luxury living and promising investment opportunities.
Developers are increasingly focusing on creating state-of-the-art residential projects that meet the evolving aspirations of homebuyers. Shraddha Kedia-Agarwal, Director of Transcon Developers shared, “Mulund offers a vibrant mix of cultural heritage and modernity, making it a prime destination for families and professionals alike. The demand for premium homes in the area is a testament to its rising popularity. Many branded developers have marked their presence here catering to this demand, combining luxury with sustainability.”
In the last quarter of 2024, Bollywood’s father son duo Amitabh & Abhishek Bachchan too have made some significant investments by purchasing residential properties in Mumbai’s fast-developing Mulund West locality.
With infrastructure projects like the Mumbai Metro Line 4 and the Mulund-Goregaon Link Road set to further boost connectivity, Mulund’s real estate landscape is poised for exponential growth. The suburb’s increasing appeal to both developers and homebuyers reinforces its status as a prime residential destination in Mumbai’s central suburbs.
As Mulund continues to evolve, it not only retains its charm but also strengthens its position as a hub for luxurious, sustainable, and well-connected living. For those looking to invest in Mumbai’s real estate market, Mulund offers an opportunity that is hard to overlook.
