Malad: Why it’s The Top Choice for Redevelopment Projects?

Malad might be a suburb but it is drawing the attention of developers. This area is developed and it is emerging as a prime location for housing redevelopment projects. For instance, Bombay Talkies, the first film company, was set up in Malad. The oldest commerce college, the Prahladrai Dalmia Lions College of Commerce and Economics is in Malad. These two developments not only made Malad popular but also a booming place for real estate opportunities.

Knowing Malad:

The skyline of this suburb has changed completely. It is not the same as it used to be a few years back. Many new Redevelopment Projects in Malad West, in the form of high-rise building are coming up to dot the skyline of this suburb. Now, Malad has many shopping malls and six-lane roads. 

The city has seen an immense boom in both residential hub and commercial units. It is witnessing huge sales in 1 BHK, 2 BHK, and 3 BHK Flats in Malad East and also in Malad West. The reason is simple i.e., affordability factor also because it’s emerging as the leading commercial business district of Mumbai. 

Connectivity:

Malad is well connected with various areas of Mumbai. Malad is connected to micro-CBDs (Central Business District) of Goregaon and Andheri. It is connected with the city’s main corporate hub Bandra-Kurla Complex, it is Auto rickshaws and taxicabs are easily available on the streets of Malad West. All 2BHK Flats in Malad West are seamlessly connected with other Mumbai suburbs and with the city centre itself via the Western Express Highway (WEH). It is also a part of the NH-8 and remains connected with Mumbai and Delhi. 

Malad West is accessible by rail as well. People planning to buy 1 BHK Flats in Malad West won’t have difficulty in traveling. The Railway Station separates Malad West and Malad East. 

Proximity: 

The distance between Central Railway Station in Mumbai and Malad is 23.1 kilometers. 

Infrastructure:

The growth of this suburban area’s property sector has been fuelled by infrastructure development. It has major IT hubs with many BPOs and IT companies are nestled here. With IT professionals looking for 1 BHK Flats in Malad West, developers are finding it as a good opportunity to expand their market. They are coming with luxurious apartments for various segments of buyers. 

The upcoming construction of metro rail line in Malad would connect to far-flung areas of Mumbai. Hence, Malad would remain connected with the rest of the suburban areas. For this reason, many developers are coming up with Redevelopment Projects in Malad West.

Whether you are thinking of buying a 2 BHK Flat in Malad West or East, the social infrastructure of Malad is superb. Many reputed schools and colleges are located in this area. Besides recreational spots, Malad enjoys the privilege to house some top hospitals. One of the largest malls in Malad is located in Malad West. 

Affordability:

In comparison to other locations, such as Andheri or Santa Cruz, the property rates for 3 BHK Flats in Malad East are cheap. 

Malad is an obvious winner as it has got robust social infrastructure. For this reason, investors are ready to invest in Malad.