Mulund – The Suburb of the Future
Last Updated on, November 7th, 2022
Amidst the densely populated landscape of Mumbai, few suburbs are left that can provide a healthy, sustainable and yet luxurious lifestyle; Mulund being one of them. Hailed as the “Prince of Suburbs”, Mulund with its massive crown of green to one side – the Sanjay Gandhi National Park, keeps the hopes of home seekers and investors alive.
Beginnings
One of the most well connected suburbs, Mulund is one of the earliest planned suburbs in Mumbai when German architects Crown & Carter with Zaverbhai Ramji Shah, in 1922 designed a gridiron plan that created the pleasant living conditions of the suburb have made it one of the most cherished localities to live in and around Mumbai.
Development
With globalisation in the 1990’s, the transformation of Mulund really began with old structures giving way to modern skyscrapers, commercial complexes, malls, etc. while keeping its lush greenery intact.
It’s proximity to numerous employment hubs, world class hospitals such as Fortis, prestigious schools such as the Next School and the reputed Kalidas Sports Complex also create a pull for young movers and family makers towards the locality. Besides all this, its proximity to industrial zones gives reason for generations old business families of Mulund to stay associated with the area and keep its traditional roots intact.
Next School, Mulund
This quality social and civic infrastructure has led major real estate developers like the Marathon Group, Piramal, Godrej, etc. bring up the standards of residential life by creating luxury living societies that are at par with some of the best in the city.
“We have seen and participated in transforming Mulund from a quiet and sleepy suburb to being a part of the bustling metropolis. And now, with recent infrastructural developments, Mulund is sure to grow in value by leaps and bounds.” – Mayur Shah, MD- Marathon Realty.
Employment Hubs around Mulund
- MIDC
- SEEPZ
- Powai
- Bandra- Kurla Complex
- Agfa & Gabriel and Richardson & Cruddas
The Future
Development of Mumbai Metro Line 4 is already underway which will connect Mulund on a direct route from Kasarvadavali to Wadala, a 32.32 Km stretch that will improve local infra and reduce traffic.
Mumbai City Development Plan 2005-2025 has included the construction of the Goregaon-Mulund Link Road, which once completed will reduce the transit time from Mulund to Goregaon to 20 minutes from its current 1 hour.
An average real estate price appreciation of over 80% in the past ten years shows why Mulund is the next residential and commercial hotspot for all those who dream of the Mumbai lifestyle without its hassles. With numerous upcoming infrastructural amenities and a burgeoning commercial and residential community, Mulund is all set for the future.
