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Malad West, a northern Mumbai neighbourhood, is a great place to invest if you have a little or medium budget. Because of ongoing infrastructure work, the neighbourhood has seen a notable increase in both population and number of inhabitants over the previous few years. One of the main causes of this population growth is the cost of housing.
In addition, the town offers all the necessities, including reputable healthcare facilities, educational establishments, and easy access to nearby locations. Malad West, which is surrounded by mangroves, provides a tranquil setting with lots of vegetation. This rapidly expanding region in Mumbai is well-known for its first-rate facilities and superior business districts. Its greater accessibility to nearby regions like Malad West, Malad East, and Kandivali West adds to its appeal.
Malad West is a popular suburb for mid-range investments since it has opulent homes with all the facilities. It offers a variety of affordably priced high-rise housing configurations. Due to its close proximity to educational and medical services, you may easily meet your everyday demands.
Its prime position close to business districts like Mindspace, Malad Industrial Area, and Link Road will facilitate faster transportation and provide a more refined setting. Crucially, the price trend is now rising, suggesting that there may be a sizable return on investment in the years to come.
Here is a statistical data to understand the price trend in Malad West, Mumbai:
Year | Price /Sq ft |
2019 | Rs. 22,750 |
2020 | Rs. 23,650 |
2021 | Rs. 22,850 |
2022 | Rs. 24,150 |
2023 | Rs. 24,500 |
2023 Till August | Rs. 24,800 |
Disclaimer: The values are compiled from many sources and do not represent the true cost of the homes. Developers, locations, and amenities all affect how much a home costs.
Malad West offers diverse connectivity through railways and roadways.
Malad West boasts first-rate social infrastructure, with excellent nearby food options, medical facilities, educational institutions, and recreational spaces.
Schools | Hospitals | Recreational Places |
Billabong High International School | Zenith Multispeciality Hospital | Malad Gymkhana |
Dr S. Radhakrishnan International School | Sun Hospital | Shree Maheshwari Garden |
DG Khetan International School | Namaha Hospital | Chota Kashmir |
Ryan International School | Thunga Hospital | Inorbit Mall |
Nagindas Khandwala College | Raksha Municipal Hospital Pvt, Ltd. | Marve Beach |
Malad West business centres are rapidly expanding and providing hassle-free living for professionals by reducing commute costs and time.
The distances to Nirlon Knowledge Park, Veera Desai Industrial Estate, and NESCO IT Park are around 6.4 km via New Link Rd. Situated along the same road, Mindspace Malad is around 1.0 km distant, making these business hubs easily accessible from Malad West.
Malad West is incredibly affordable for those on a tight budget, yet Mumbai is among the most costly areas in India to invest. All the facilities found in other sections of Mumbai are available in this region, but at a price range that is more reasonable to moderate. The average price of the flats and apartments in the neighbourhood is around Rs. 24,650 per square foot, which is very promising for middle-class families and first-time investors.
Considering the steadily increasing costs, this area presents a fair return on investment. The 3.6% growth indicates significant development over the last year. With growth rates of 9.5% and 13.2% during the previous three and five years, respectively, the tendency has been even more noticeable. This suggests that there will probably be an increase in long-term investment returns.
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