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About Malad West, Mumbai
If you have a low or medium budget, Malad West, a suburb in northern Mumbai, is an excellent spot to invest. Over the past several years, the community has witnessed a significant growth in both the number of residents and people due to continuous infrastructure construction. The expense of housing is a major factor driving this population expansion.
The community also provides all the essentials, like trustworthy medical facilities, educational institutions, and convenient access to neighbouring areas. Surrounded by mangroves, Malad West offers a peaceful environment with abundance of greenery. It is a rapidly growing Mumbai neighbourhood renowned for its excellent commercial areas and first-rate infrastructure. Its superior connectedness to adjacent areas, such as Kandivali West, Malad West, and Malad East, further enhances its allure.
Why Should You Invest in Malad West?
Malad West boasts luxurious residences with all the amenities, making it a sought-after neighbourhood for mid-range investments. It provides a range of combinations of reasonably priced high-rise dwelling options. Your daily needs will also be easily met because of its near proximity to educational and medical facilities.
Its excellent location near commercial hubs like Mindspace, Malad Industrial Area, and Link Road will further expedite transport and offer a polished environment. Significantly, the price trend is now upward, indicating the possibility of a substantial return on investment in the years to come.
Price Trend of Malad West
Here is a statistical data to understand the price trend in Malad West, Mumbai:
Year | Price/Sq ft |
2019 | Rs. 22,750 |
2020 | Rs. 23,650 |
2021 | Rs. 22,850 |
2022 | Rs. 24,150 |
2023 | Rs. 24,500 |
2023 | Rs. 24,800 |
Disclaimer:The prices are collected from different sources and it does not show the actual price of properties. The property rates differ with developers, location, and amenities.
Top 5 Reasons to Invest in Malad West
1: Diverse Connectivity with Prominent Neighbourhood
Malad West offers diverse connectivity through railways and roadways.
- Malad West is connected to Andheri and Bandra by the Western Motorway.
- Malad is connected to Powai and Lal Bahadur Shastri Marg by the Jogeshwari-Vikhroli Link Road.
- The Malad train station offers quick and easy access to Andheri and Borivali.
- Improved communication is available between Malad and other important parts of Mumbai via metro line 2A.
- Malad West can be reached by the Western Express Highway from the Chhatrapati Shivaji Airport in 13.5 kilometres.
2: Overwhelming Infrastructure
Malad West has first-rate social infrastructure, including top-notch educational institutions, medical facilities, dining establishments, and leisure areas close by.
Schools | Hospitals | Recreational Places |
Billabong High International School | Zenith Multispeciality Hospital | Malad Gymkhana |
Dr S. Radhakrishnan International School | Sun Hospital | Shree Maheshwari Garden |
DG Khetan International School | Namaha Hospital | Chota Kashmir |
Ryan International School | Thunga Hospital | Inorbit Mall |
Nagindas Khandwala College | Raksha Municipal Hospital Pvt, Ltd. | Marve Beach |
3: Easy Access to Commercial Hubs
Business hubs in Malad West are quickly booming and giving professionals a hassle-free living by cutting down on travel expenses and time.
Via New Link Rd., the distances to NESCO IT Park, Nirlon Knowledge Park, and Veera Desai Industrial Estate are each around 6.4 kilometres. With Mindspace Malad about 1.0 km away down the same path, these business centres are conveniently accessible from Malad West.
4: Affordable Price of Properties
Mumbai is one of the most expensive places in India to invest, yet Malad West is very cheap for those on a limited budget. This area offers all the amenities found in other parts of Mumbai, however at a more affordable to moderate price range. The neighborhood\'s flats and apartments are selling for an average of around Rs. 24,650 per square foot, which is quite promising for middle-class families and first-time investors.
5: Higher Returns on Investment
Given the consistently rising expenses, this region offers a favourable return on investment. Notable progress has been made over the past year, as seen by the 3.6% growth. The tendency has been even more notable, with growth rates of 9.5% and 13.2% during the preceding three and five years, respectively. This suggests that there is a good chance that long-term investment returns will rise.