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Malad East is one of the fastest-growing residential localities in Mumbai. The locality enjoys great connectivity with other localities like Dindoshi, Kasam Baug and Yashodham. Malad East features residential properties in the mid-segment budget category. Its close proximity to public amenities, connectivity to the rest of the city and a well-developed network of roads and railways have established its prominence among home seekers. The locality is also preferred by individuals working in Andheri and Borivali areas.
Before you invest in one of the upcoming residential projects in Malad East Mumbai, here’s a quick overview of the neighbourhood.
Malad East enjoys close proximity to numerous schools, hospitals, shopping centres, parks, banks and more.
St. Joseph High School at 1.4 km, St. George High School at 1.5 km, Universal High School at 1.9 km, and St. Thomas School Ground at 2.3 km are the leading schools in the neighbourhood. Other renowned educational institutions include VIBGYOR High, Orchids The International and Universal High.
Balajee Hospital at 0.5 km, Hayat Hospital at 0.7 km and Sanjeevani Surgical and General Hospital at 1.1 km ensure residents always have access to world-class medical facilities.
Cafe Coffe day is located at a distance of 1.8 km, while Domino’s Pizza is located at a distance of 3.2 km.
City Centre Mall is located at a distance of 3.8 km and Crystal Plaza is located at a distance of 7.7 km.
Malad East is also home to several offices located within a distance of 2 km to 12 km. These include Infinity IT Park, Pinnacle Business Park, Leela Business Park, Mirchandani Business Park and Powai Supreme Business Park.
It enjoys connectivity to other localities, including Borivali, Goregaon, and Kandivali, via Western Express Highway. The highway also makes the Chhatrapati Shivaji Maharaj International Airport, located at a distance of 12 km, easily accessible. Malad Railway Station and Kurar Metro Station on Line 7 are the primary commuting options.
The average price for buying residential properties in Malad East Mumbai recorded a year-over-year increase of 8.77%. Currently, the average price for buying residential accommodation in the locality ranges from Rs. 13,100 to Rs. 20,900 per sq. ft. The average monthly rent, on the other hand, witnesses a year-over-year increase of 0.52%. The average monthly rent ranges from Rs. 22,900 to Rs. 76,500 for affordable to premium residential accommodations. The locality has witnessed a rise in popularity among tenants due to its close proximity to IT and employment hubs.
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