Top 5 reasons why Malad is an emerging commercial hub? Here’s an answer
Planning to shift to a location that’s both residential and commercial-friendly? Then get your diary ready as we reveal Malad’s intriguing facts and statistics. Different areas in Mumbai offer something unique to their residents, whether it’s an ideal location, seamless connectivity, or excellent business infrastructure; making it a charming commercial hub.
Well known for its residential properties and fast-growing office commercial spaces, Malad has made a mark among the top prominent and esteemed residential localities in the western suburbs, situated on the west line of the Mumbai Suburban Railway.
What else does one need, when you get employment opportunities and affordable apartments all within the same vicinity. Malad doesn’t just cater to some of the biggest malls but also has some beautiful beaches and sought-after market spots.
Truth be told, it’s no more than hitting the jackpot to live or invest in a location that’s surrounded by some popular high-rise structures, upscale lifestyle and bustling commercial zone. Your life in Malad will be as easy as pie.
Manoj Gaur, MD, Gaurs Group, & Chairman, Affordable Housing Committee, CREDAI says, “Residential and commercial developments complement each other as they both are a necessity for a better living. Home seekers have always preferred residential projects which have close proximity to commercial hubs and are also well connected. A buying decision is based on 3 primary factors — how good the developer & project is, how well connected it is, and how close to commercial hubs is it. In fact, rental market is more influenced by such factors as a rentee doesn’t look at future returns, but is more concerned by immediate benefits of connectivity and commercial developments.”
And if you’re someone with aspirations for a versatile, dynamic and high-powered lifestyle, we have got you enough reasons as to why shifting to Malad can be a life-changing decision for your personal and professional growth.
Employment Friendly Zone
With the flourishing IT centre and BPO opening its door to talented individuals, the place is a perfect target for the working sector. Another major factor is most of the workforce comes from the new suburban areas, making it beneficial for the employees and the owners to set up their corporate base in Malad.
With an influx of people willing to settle in Malad, it’s proving to be a boon for businesses too. The number of shops for sale in Malad is rising due to the healthy market statistics.
Besides that, the affordable rentals with 20% lower than others in the same western belt make it favourable for employees and working singles. And to top the cake with a cherry, it’s even less chaotic than Andheri and Goregaon.
Hassle-Free Commute Facilities And Greater Connectivity
Would you not like to save some precious time of your life on something exciting than waiting or spending hours in local transport? The fast-growing suburb is well connected via S.V. Road to major parts of Mumbai. Furthermore, Malad Railway Station, which separates Malad East and Malad West, gives relief to people travelling from different sides of the area.
Western Express Highway connects Malad West to almost every suburb in Mumbai, which is a significant factor for people looking to invest here. Moreover, one can easily reach the Mumbai International Airport in less than an hour and Bandra Kurla Complex in even less time than 30 minutes.
Commuting here will never be a pain because you will have everything at your fingertips from auto, taxis, trains, and buses. Employees and anybody travelling from this side will have enough commute options. Moreover, you can even enjoy a Ferry ride if you’re travelling to areas in the neighbourhood Malad.
Now, this is very impressive when you will realise how much time you are saving especially living a life in a metropolitan like Mumbai.
Well-Developed Social Infrastructure
From accomodating to some great schools and colleges, Malad also gives you access to a few exceptional hospitals and diagnostic centres, making it a convenient choice for home buyers and shop owners.
We’re not exaggerating, but amusements parks, banks, movie halls, shopping malls, markets, sports complex, etc., there’s not anything that will remain unticked in your list. In addition, it’s home to some exciting bars, pubs and restaurants where you can relax and enjoy after a hectic workweek.
Attracting as many shoppers to buy shops in Malad West, one can witness everything from small bakeries, jewellery stores, pharmaceuticals and salons.
And it’s for real that you have everything here! Some major landmarks include-
- Prahladrai Dalmia Lions College of Commerce and Economics
- Billabong High International School
- Liberty Garden
- Marve Beach
- Infinity mall
- Inorbit Mall Malad
- Mindspace IT Park
Real Estate in Malad : A Commercial hub
Malad is expanding beyond its anticipated boundaries, and what was once the first home to 1934, Bombay Talkies has now spread its wings to experience massive social and economic development, integrated to bring some incredible real estate projects along with a friendly neighbourhood.
Though the pandemic has created havoc that has led to price fluctuations in the real estate market, the average property price range per sq. ft is from 12,100-19,700 remains inexpensive for people looking to buy a flat in Malad West compared to other localities.
Apartments offering modern amenities for a comfortable and convenient life add to the ever-rising demand for real estate in Malad. Shops in Malad West brought together merchants, traders making it an impressive marketplace and office space in Malad.
With flourishing infrastructure and real estate, Malad is now expected to provide a commercial centre for surrounding areas, thereby increasing the work opportunities in Mumbai to employ and accommodate more people.
READ MORE ABOUT: What No One Tells You About The Best Property To Buy In Mumbai
You must have figured that out by now! Any residential or commercial real estate with incredible connectivity and accessible commute facilities will always attract investors and other markets like magnets.
Homebuyers will always give a better resale value because of the constant demand for Malad properties. Even the shopowners in Malad can have a great advantage of solid social infrastructure, which will automatically boost their business and ensure a fixed return in the long run.
Quality Of Life
Malad is making a name for itself as one of the emerging commercial hub investments in Mumbai, and that’s not it; the area promises to give you a perfect combo of adventure, beauty, charm, luxury and convenience.
Whether you’re considering a train route or a ferry ride, the area will have some amazing scenic landscapes worth exploring. Surrounded by some magnificent churches and parks, Malad has something for everyone.
There are roads, but there are beaches too, which one can ignore. Migrants will be spoiled for choices in more ways than one. You have quality and everything you will need for a peaceful and prosperous life.
Before you leave, don’t forget to check out: Why You Can’t Miss Owing A Luxury Flat In Mumbai?
In short, Malad is booming and has beautifully transformed into a cosmopolitan with high-rise buildings, apartments and world-class commercial spaces. An ideal location for anyone looking to settle or invest in business opportunities.
With the anticipation of positive growth in commercial and residential sectors in the near future, Malad commits to offer high-end amenities, seamless connectivity, a spectacular neighbourhood, exceptional quality of life and a fabulous infrastructure to complement the life you’ve envisioned.
And guess what? We have exactly what you need to start a great life in Malad West with luxurious 2 & 3 BHK in AsmitA Sand Dunes. A home that gives you all the benefits mentioned above for a perfect lifestyle.
Good, you made it here!
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