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Commercial Properties Under 5 Crore for sale in Phadake Rd Mulund, Mulund, Mumbai
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About Properties In Phadake Rd, Mulund, Mumbai for Sale
Overview of Mulund
- Mulund is a well-developed locality in Central .
- It is known as one of the blooming real estate markets due to its strategic location, robust infrastructure, and proximity to business hubs.
- Mulund is famous for its well-structured layout and abundance of greenery. Being one of the first planned suburbs of Mulund today is a thriving real estate market with a mix of residential and commercial hubs.
- It has various Commercial & Industrial Zones, offering good employment opportunities.
- It has great connectivity with easy access to both Thane & Navi .
- The locality is situated amidst nature and offers serene green surroundings.
- It has many premium residential projects by Grade A developers.
- The Pin Code for Mulund is 400080.
Mulund Residential Market Insights
- The average monthly value for a property in Mulund is ₹ 26,000 per sq. ft.
- Price for 1 BHK in Mulund can range between ₹ 80 lakh - ₹ 1.31 crore.
- The average cost of 2 BHK in Mulund can range from ₹ 1 crore to ₹ 2.1 crore.
- The average price of 3 BHK flat in Mulund can range from ₹ 2 crore to ₹ 3.50 crore.
- The average price for 4 BHK in Mulund can cost around ₹ 3.70 crore to ₹ 6.30 crore.
- There are some 4+ BHK and penthouses also available in the locality.
- The exact pricing for the properties can vary depending on total carpet area, property location, developer, and amenities offered.
- Mulund is one of the best rental localities due to its proximity to business hubs and commercial zones.
- The average monthly rental value in Mulund is ₹ 26,000 - ₹ 67,000.
- The precise rental value will be depending on factors like number of rooms, the location of the flat, and the amenities offered.
- Mulund is not expensive compared to other high-end suburbs of . However, it is one of the most popular and desirable residential localities. It comprises some of the luxury residential areas along with mid-segment and affordable residences. However, if one prefers a high-end lifestyle with luxury amenities, the living expenses in Mulund can get costly.
Connectivity and Transportation In Mulund
- The Mulund Railway Station serves as a connectivity lifeline for the locals.
- Thane Railway Station is also within easy reach of Mulund.
- Eastern Express Highway & Lal Bahadur Shastri Marg are the major roadways that vastly boost Mulund connectivity.
- The locality is easily connected to other prominent localities like Ghatkopar, Bhandup, and Vikhroli via the Eastern Express Highway.
- The Mulund - Airoli Bridge connects Mulund to Navi seamlessly.
- Public Transportation options, like Buses, Cabs, and Autos, are also frequently available.
- Mulund offers a good road infrastructure that enhances the commute for the locals.
Social Infrastructure In Mulund
- Reputed Hospitals in and around Mulund include CGHS Wellness Centre, Apex Hospital, Maruti Nursing Home, Upasani Super Specialty Hospital, etc.
- Prestigious Educational Institutes in and around Mulund include Nalanda Public School, Bodhi Vidyalaya, Nysa Montessori Pre-School, Sharon High School, etc.
- Mulund is a good area to live in because of excellent infrastructure and a balanced mix of residential and commercial zones. The locality offers a wide variety of housing options, from affordable to luxurious properties, easily catering to the different needs of every homebuyer. Major facilities, amenities, and daily necessities are within proximity, offering good liveability.
- Nearby Malls such as R Mall, Viviana Mall, Nirmal Lifestyle, Korum Mall, etc., serve the diverse shopping needs of the locals here.
- Prominent green spaces such as Johnson & Johnson Garden, Sonar Bangla Garden, Chintamani Dwarkanath Deshmukh Garden, and the Devidayal Garden are in the vicinity of this locality.
- Chhatrapati Shivaji Maharaj International Airport is 20 km away via Eastern Express Highway.
Employment Opportunities In Mulund
- Mulund is home to various Commercial areas and Industrial Units.
- Major commercial areas like Bandra Kurla Complex and Powai are within easy reach.
- Bhandup Industrial Area is barely 3 km from this locality.
- Airoli MIDC Area is only 10 km away via Mulund - Airoli Road.
- Prominent IT & Business Parks such as Odyssey, Sigma IT Park, Lotus Park, and Ashar IT Parks are only 5 - 10 km away from this locality.
- Waghle Estate, a major Industrial Hub, is located approximately 2 km away.
- Nirmal Lifestyles and 360 Degree Business Park, located in Mulund, boost employment opportunities for the locals.
- Mulund is well-connected to Navi and other areas of making it a convenient place for working professionals.
Lifestyle In Mulund
- Mulund offers a perfect blend of urban convenience and natural tranquility.
- The locality comprises many parks, gardens, and hills, allowing residents to enjoy a serene atmosphere.
- Sanjay Gandhi National Park is located nearby, offering benefits to nature lovers.
- Mulund offers all the necessary civic and modern amenities, ensuring a good lifestyle.
- Several Parks in the vicinity, including Sambhaji Park, Lala Tulsiram Udyan, BMC Garden, Kalidas Garden, Jogger's Park, offer residents green space to unwind or enjoy a relaxing stroll.
- Mulund Gymkhana, Priyadarshi Indira Gandhi Sports Complex, P. K. Pawani Lions Sports pavilion Strikers Sports Club, and Athlon Sports are some of the sports centers in Mulund.
- One of the best areas to live in Thane is Mulund because it offers a balanced lifestyle with a good blend of modern convenience and natural surroundings. Mulund also has various work hubs within proximity and excellent connectivity as well. This allows residents to enjoy a highly comfortable living experience.
Safety and Security In Mulund
- Mulund is a well-developed and one of the safest localities in .
- The majority of the public spaces are under CCTV Surveillance to ensure the safety of the locals.
- Police patrolling is carried out 24x7 and is especially heavier at night.
Development and Future Prospects In Mulund
- Metro Green Line is set to have Mulund Naka Station, which will link to Kasarvadavali and Wadala.
- Mulund Railway Station is in the process of redevelopment to offer better amenities.
- The upcoming Goregaon - Mulund Link Road Tunnel will improve connectivity here.
- The upcoming Twin Tunnels are expected to boost travel time between Mulund & Goregaon.
- The Civic body has plans to construct a Bird Park in Mulund West.
Cultural and Community In Mulund
- Mulund offers a diverse cultural community, where different traditions & festivals are celebrated together by the residents.
- There are several religious places in Mulund, including Shree Swaminarayan Mandir, Ganesh Mandir, Shree Mahavir Digambar Jain Mandir, Ayyappan temple, etc.
- Brahma Kumaris Meditation Center, a renowned meditational center, is located in Mulund.
- Community centers such as Dharamsheel Community Hall, Bhakta Sangam Hall, Sahiti Bradari Mandal, Mulund Sindhi Sabha, etc., are known to host cultural events and social gatherings in this locality.
Environmental Factors In Mulund
- Mulund is a clean and well-maintained locality with all the essential modern conveniences.
- There are numerous Gardens and Parks in Mulund, adding to the green belt of the locality.
- The air quality in Mulund is moderate, considering several developments and infrastructural improvements ongoing here.
Flat Configuration In Mulund
- Mulund offers Flat Configurations of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- Some 4+ BHK Flats are also available in Mulund.
- 1 BHK is the most preferred Flat Configuration by homebuyers in Mulund.
- Some projects also offer bare shell units for easy customization and flexibility.
Property Price Growth In Mulund
- Properties in Mulund have experienced around 10% price growth in the last 3 years.
- The growing demand for housing properties in Mulund will lead to increased property values.
- The influx of working professionals and proximity to work hubs are the main reasons for the constantly increasing rental value in the locality.
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