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Flats Under 8 Crore for sale in Chincholi Bunder Road Malad, Mumbai
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About Properties In Chincholi Bunder Road, Malad, Mumbai for Sale
Overview of Malad
- Malad is a prominent part of and an upscale locality.
- Incredible landmarks, including the Arabian Sea & Sanjay Gandhi National Park, are within its proximity.
- This area is known for infrastructure excellence, connectivity, and easy access to nature.
- Malad primarily has mid-segment & upper-mid-segment residential areas.
- It is situated in nature’s lap and is surrounded by mangroves.
- There are many industrial hubs, commercial hubs, and recreational facilities here.
- Malad is famous for scenic views, bustling markets, beautiful beaches, significant residential and commercial developments.
- The Pin Code of Malad is 400064.
Malad Residential Market Insights
- The average price for apartments in Malad is ₹ 27,000 per sq. ft.
- 1 BHK flat in Malad is priced between the range of ₹ 70 lakhs to ₹ 1.30 crores.
- 2 BHK and 3 BHK flats can be priced from ₹ 1.45 crores to ₹ 3.75 crores.
- 4 BHK flats in Malad range from ₹ 3.20 crores to ₹ 6.50 crores.
- 5 BHK flats in this locality can go from over ₹ 6 crores up to ₹ 11 crores or more.
- The exact price of the apartment here depends on its carpet area, location, and the developer of that particular project.
- Excellent connectivity and numerous commercial & business hubs within proximity make Malad highly rental lucrative.
- The average Rent for flats in Malad can vary from ₹ 31,000 to ₹ 2,45,000.
- Rustomjee, Kalpataru, & Raheja Universal are some of the renowned developers here.
- The west part of Malad is a posh area that consists of upscale residences, high-rise buildings, improved infrastructure and a bustling commercial hub. On the other hand, Malad East is majorly suitable for upper-middle-class and consists of a well-developed residential area, but is not considered posh.
Connectivity and Transportation In Malad
- Malad Railway Station is barely 2 km away; Goregaon Station is also nearby.
- Malad has a metro called Kurar Metro Station, which is just 11 minutes away.
- This locality is well connected to all the major parts of Southern and Western Navi and Mira-Bhayander via Western and Harbour Lines.
- Western Express Highway, SV Road, & New Link Road enhance the road connectivity.
- Further, these roads enable connectivity to the Eastern Suburbs and Thane.
- Public transport options including Buses, Cabs, and Auto makes the travel easier.
- International Airport is at a distance of 12-17 km from Malad.
Social Infrastructure In Malad
- Malad is known for its superior quality Medical Infrastructure.
- Popular medical centers like the Government Hopsital, SAGE Hospital, Raksha Multispecialty Hospital, and Rajasthani Seva Samiti are nearby.
- Reputed Schools and Colleges, including Ryan International School, Radha Krishanan International School, K.E.S Shroff College, etc., are within proximity.
- Places like Infinity Mall, InOrbit Mall, Oberoi Mall, Charkop Market, City Centre Mall, etc., serve shopping needs.
- Malad also offers restaurants like The Hangout Pizza Hub, Hotel Sahara, Royal Orchid Family Restaurant, etc., for a fine dining experience.
- Mindspace Landscape Garden, BMC Forest Theme Garden, Shahaji Park, etc., offer residents green spaces to unwind and relax.
Employment Opportunities In Malad
- A Major IT Hub, Mindscape is located in Malad.
- It is home to various other IT and Business Centers.
- NESCO IT Park, Infinity IT Park, Nirlon Knowledge Park, and Charkop Industrial Estate are just 10 km away.
- Some prime commercial centers, such as BKC, Hiranandani Business Park, MIDC Andheri, SEEPZ SEZ, and Indiabulls Finance Center, are easily accessible.
- The seamless connectivity of Malad boosts employment opportunities for residents.
- Being a prime upscale location, Malad never runs out of employment opportunities nearby.
Lifestyle In Malad
- Malad has a posh locality with a sophisticated lifestyle & modern amenities.
- It has a family-oriented community and enjoys a serene neighborhood.
- Residents have access to various recreational hubs in this locality.
- Beautiful beaches like Marve Beach and Aksa Beach & several Spas like Four Fountain De-Stress Spa, Ganga Spa, and Orchid Thai Spa are within proximity.
- There are many parks and gardens in Malad; some are dedicated to children and senior citizens, and some are for all.
Safety and Security In Malad
- This locality is under 24x7 Police surveillance.
- The majority of the areas in Malad are covered under CCTV Surveillance.
- Especially in the night, heavy Police Patrolling is seen in Malad.
Development and Future Prospects In Malad
- With the increased demand for housing properties, some areas are expected to expand & improve.
- Malad and Marve will be connected via a Ropeway route.
- Several Luxury Projects by Grade A Developers are expected to be launched soon.
- Newly emerging developments and re-developments are set to increase property rates.
- The easy employment accessibility will also raise the rental prices in Malad.
Cultural and Community In Malad
- Malad has many recreational and cultural places in the locality.
- Several religious places, including Hanuman Mandir, Shri Vitthal Mandir, Swaminarayan Mandir, Ratnapuri Jain Mandir, etc., are nearby for devotees.
- Green Village Recreational Club, Goregaon Sports Club, and Malad Gymkhana are some of the important recreational facilities here.
Environmental Factors In Malad
- Malad is surrounded by Mangrooves that nurture a good environment in the locality.
- The overall Air Quality in Malad is moderate, considering the ongoing developments.
- The streets and public places of Malad are cleaner; the authorities for these duties are passionate about the same.
- Malad is adjacent to the historical Madh Fort, which has a mesmerizing view of the Arabian Sea that allows fresh air.
- Some Industries in this locality have improved waterwaste systems that allow recycling and reusing, contributing to a better environment.
Flat Configuration In Malad
- In Malad, flats are offered in the configuration of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 5 BHK flats are only available in premium budget and highly premium residential areas.
- 500 sq. ft. to 750 sq. ft. carpet area is commonly preferred by homebuyers in this locality.
- This locality consists of many luxury housing projects.
- Malad West offers a mix of high-income and middle-income residential properties.
- Villas, Guest Houses, Second Homes, and Bare Shell Units are also available here.
Flat Configuration In Malad
- In Malad, flats are offered in the configuration of 1 BHK, 2 BHK, 3 BHK, and 4 BHK.
- 5 BHK flats are only available in premium budget and highly premium residential areas.
- 500 sq. ft. to 750 sq. ft. carpet area is commonly preferred by homebuyers in this locality.
- This locality consists of many luxury housing projects.
- Malad West offers a mix of high-income and middle-income residential properties.
- Villas, Guest Houses, Second Homes, and Bare Shell Units are also available here.
Property Price Growth In Malad
- Malad is a prominent up-market locality; hence, is a place of interest for many investors and buyers, leading to a constant increase in property value.
- The YOY Price Growth for properties in Malad is around 4%
- The improving connectivity in this locality may significantly accelerate the property value in the future.
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