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Why should you buy a residential property in Mulund?

November 29, 2019 | Silky Malhotra

Why should you buy a residential property in Mulund?

The residential real estate sector in Mumbai has witnessed a consistent growth over the years. Apart from the prime residential zones in the city, the suburban areas have also experienced this growth. Mulund is one of the most popular localities in Mumbai, where the demand for classy homes has been increasing. Over the last few years, the reputed real estate developers have come up with new projects in this area. With a large number of corporate employees shifting to Mulund, the demand for these homes is on the rise. Some of the factors fueling the demand for these homes include the strategic location, well-developed transportation system and business prospects around the area.

In Mulund, the residents can enjoy a well-developed social infrastructure. The lifestyle they enjoy is vibrant indeed. The area has several restaurants, shopping malls, multiplexes and markets around. Lifestyle in Mulund is convenient, given that the residents can enjoy a seamless connectivity to the prominent areas around. The education and healthcare infrastructures around Mulund are also well-developed. Some of the prominent educational institutes include Mulund College of Commerce, V.G. Vaze College of Arts, Science and Commerce andDAV International School. A number of prominent hospitals are also located close to the residential complexes in Mulund.

The seamless connectivity in this area is another reason for the growing demand for residential properties. The dense network of roads and suburban railway ensures that the residents in these complexes can easily reach their business zones. Besides, all the important commercial areas in and around Mulund are well-connected through the dense network of roads. Some of the important roads connecting this area to the other parts of Mumbai include the Eastern Freeway and Lal Bahadur Shastri (LBS) Road. Evidently, the residents can seamlessly reach places like Thane, South Mumbai and Navi Mumbai from this complex. Besides, you have the international airport located in a close proximity to this residential complex. The Goregaon Mulund Link Road, which has been proposed, will be further enhancing the connectivity in this area.

Residents in this area would find it further easy to reach the prominent commercial hubs. Some of the important business districts around this area include the Bandra-Kurla Complex, MIDC, Powai and SEEPZ. When you move to one of the new residential projects in this locality, commuting to the prominent business areas would be easy for you. Due to the high demand for residential homes in Mulund, the property rates are likely to increase in the coming years. Presently, a large number of investors are willing to purchase these properties for commercial purposes. They can benefit in the coming years, when the property rates escalate. Renting or leasing out these properties would help you generate a steady flow of income.

Investors and homeowners looking for a sophisticated residential property in Mumbai should check out the wide range of amenities in L&T Rejuve 360. This residential complex comes with sophisticated apartments of 2, 2.5, 3 and 3.5 BHK configurations. The prices range between INR 1.50 crore to INR 3.29 crore. You will enjoy a peaceful lifestyle here, with all the desired amenities at your disposal.

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