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Top 21 New Residential Projects in Matunga East, Mumbai

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About Matunga East, Mumbai

Matunga East is a locality in southern Mumbai. Affluent neighbourhoods like Dadar surround it to the west, Wadala to the South, and Sion to the east.

Matunga East stands out from the other localities due to its distinctive cultures and cosmopolitan lifestyle with ample residential spaces. This zone of Mumbai city offers a bunch of South Indian restaurants like Ram Ashraya Udipi Restaurant, Cafe Madras and Ayyappan Idli Stall.

Matunga East is enriched with tourist attractions like Maheshwari Udyan and Shree Ram Mandir. The Book House is the perfect spot for book lovers where they can indulge themselves in reading.

Matunga East is a rich residential area with a mix of beautiful old houses and new modern buildings.

Why Should You Invest in Matunga East?

Matunga East is a locality for investors and homebuyers as it is easily accessible from any corner of Mumbai. Rail and roadways offer strong connectivity. The proximity to various business hubs, including Birla Kurla Complex (BKC) and Lower Parel, provides an uninterrupted working space. Additionally, the nearby banks, ATMs, Shopping malls, markets, and institutions are accessible within walking distance.

Matunga East houses top residential projects like Rodium Xenus, Kalpataru Matru Ashish, Hubtown Harmony, and Heritage Elegance. These projects include modern luxuries to match the modern lifestyle.

Price Trend of Matunga East

Here is the statistical data to understand the price trends in Matunga East is mentioned below:

Year Price per sq ft
2019 Rs. 44,550
2020 Rs. 43,150
2021 Rs. 36,500
2022 Rs. 44,700
2023 Rs. 45,850

Disclaimer: All the above-mentioned prices are based on the data collected from different sources and do not reflect the actual price. The above-listed price may vary as per the developer, location, and amenities.

Top 5 Reasons to Invest in Matunga East

1: Easy Accessibility

  • Matunga East is conveniently accessible through Western and Eastern Express Highways.
  • The locality delivers easy access to both Central and Western Lines.
  • Wadala Depot, Dharavi Bus Depot, and Matunga railway station provide seamless neighbourhood connectivity.
  • The infra projects like Mumbai Coastal Road and Mumbai Trans Harbour Link are supposed to start by November, offering more commute advantages.

2: Proximity to Commercial Districts

The residential and commercial location, Matunga East, is near other Mumbai commercial hubs.

  • Bandra Kurla Complex- 6.4 km via Eastern Express Highway and Lal Bahadur Shastri Marg
  • Lower Parel- 7.5 km via Eastern Express Highway
  • Santacruz- 10.0 km via Western Express Highway
  • Worli- 8.4 km via Eastern Express Highway
  • Andheri- 12.0 km via Lal Bahadur Shastri Marg
  • Pawai- 18.8 km via Eastern Express Highway and Eastern Express Hwy/Mumbai - Agra National Highway

3: Facilities of Reputed Healthcare & Educational Institutions

Matunga East entail reputed hospitals, schools, colleges and recreational places.

Some of the reputed social amenities in Matunga East are as follows:

Schools/Hospitals Hospitals Recreational Places
Indian Education Society Sion Hospital Shivaji Park Gymkhana
Don Bosco Lilavati Hospital MIG Club
Bombay Scottish School Raheja Hospital Matunga Cultural Centre
RA Podar College of Commerce Asian Heart Hospital Star City Theatre
Ramnarain Ruia College Shushrusha Hospital INOX Nakshatra Mall

4: Easy Accessible Markets for Daily Shopping

Gandhi market in Matunga is one of the popular markets, especially for clothing and accessory shopping across all age groups. On the other hand, for handloom sarees and materials, the Hindmata market is there in Matunga.

You can get Mumbai's best authentic silk and Kanjivaram saree stores there. You can get several South Indian traditional temples and South Indian restaurants here. Cafe Madras, Ram Ashraya, and Ayyappan Idli are famous South Indian restaurants in Matunga East.

5: Good Return on Investment

The property price rate of Matunga East has been fluctuating over the past few years. Presently, the flats and apartments have an average price of Rs. 45,850 per sq ft.

The prices of flats and apartments in Matunga East appreciated by 2.8% in the last year and 1.5% in the previous five years.

FAQs

What is the PIN code of Matunga East?

The PIN code of Matunga East is 400019

What is Matunga East famous for?

Matunga East is well connected to other parts of Mumbai with different transportation ways. This region offers a bunch of South Indian food courts and restaurants, including Cafe Madras, Ram Ashraya, and Ayyappan Idli. Furthermore, the nearby Gandhi Market is another attraction of this location.

Is Matunga East a good place to live?

Matunga East offers easy access from every corner of Mumbai city. Also, the location is surrounded by shopping malls, markets, healthcare and educational institutions like Jade Arena Complex, Sobti Hospital, Matunga Clinic & Hospital, Nirmal Hospital, Don Bosco High School, Billabong High International School, and South Indian Education Society High School. All the facilities are available here to lead an uninterrupted lifestyle.

What is the cost of living in Matunga East?

For 1 BHK, the rent in Matunga East is approximately ₹35,500-₹55,000; for 2 BHK, it's ₹60,000-₹1.1 Lac; and for 3 BHK, it's ₹1.2 Lac - ₹2.3 Lac.

What is the future of Matunga East?

Matunga East is mainly focusing on improving the transportation ways. Coastal Road and Mumbai Trans Harbour Link are the two remarkable projects that should be finished in November this year. Also, the local zones of Matunga East are getting widened roads by cutting trees. As per reports, around 30 trees were cut to widen the roads.

What are the top schools in Matunga East?

  • Don Bosco High School
  • Billabong High International School
  • South Indian Education Society High School
  • Shishuvan School
  • S.I.E.S English Primary School
  • Gandhi Memorial English High School

What are the top hospitals in Matunga East?

  • Sobti Hospital
  • Matunga Clinic & Hospital
  • Nirmal Hospital
  • Sai Multispeciality Hospital & Research Centre
  • Dr. Chhatre Maternity & Surgical Nursing Home

What are the top restaurants in Matunga East?

  • Cafe Madra
  • Ram Ashraya
  • Arya Bhavan
  • Udipi Restaurant
  • New Punjab Restaurant and Bar

What are the nearby petrol stations in Matunga East?

  • Bharat Petroleum Corporation Ltd
  • HP Petrol Pump
  • Mahanagar Gas CNG Station
  • Indian Oil
  • Lucky Auto

What are the best gyms in Matunga East?

  • Colosseum Gym
  • HB Fusion Fitness
  • Amulakh Fitness Gym
  • One More Fitness
  • Performance Centre India

What are the best shopping malls in Matunga East?

  • Soham
  • Jade Arena Complex
  • Diamond Sweet
  • Ajay Shopping Centre & Apartments
  • West View

What are the top hotels in Matunga East?

  • Sharda Lodgel
  • Hotel Golden Plaza
  • Hotel Raheja Residency
  • Hotel Crystal Luxury Inn
  • Hotel Karishma

What are some nearby parks in Matunga East?

  • Nanalal D Mehta Garden
  • Flyover Garden
  • Tejookaya Park
  • BN Maheswari Udyan
  • Manoranjan Garden

What are the key attractions in Matunga East?

  • INOX Nakshatra Mall
  • Shivaji Park Gymkhana
  • MIG Club
  • Star City Theatre
  • Matunga Cultural Centre

How many 1 BHKs are available in Matunga East?

2 1 BHK flats are available in Matunga East, including furnished and unfurnished.

How much does a 1 BHK cost in Matunga East?

1 BHK in Matunga East costs in the range of ₹1.97 Cr - 2 Cr.

What is the average size of a 1 BHK in Matunga East?

The average size of a 1 BHK in Matunga East is 515 sqft - 700 sqft.

What is the rent of a 1 BHK in Matunga East?

The rent of 1 BHK in Matunga East lies in the range of ₹35,500-₹55,000.

How many 2 BHKs are available in Matunga East?

1 2 BHK flats are available in Matunga East.

How much does a 2 BHK cost in Matunga East?

2 BHK in Matunga East costs in the range of ₹2.75 Cr - ₹4.75 Cr.

What is the average size of a 2 BHK in Matunga East??

The average size of a 2 BHK in Matunga East is 609 - 807 sqft.

What is the rent of a 2 BHK in Matunga East?

The rent of 2 BHK in Matunga East lies in the range of ₹60,000-₹1.1 Lac.

How many 3 BHKs are available in Matunga East?

1 3 BHK flats are available in Matunga East.

How much does a 3 BHK cost in Matunga East?

3 BHK flats in Matunga East cost in the range of ₹4.50 Cr - ₹7.54 Cr.

What is the average size of a 3 BHK in Matunga East?

The average size of a 3 BHK in Matunga East is 825 - 1094 sqft.

What is the rent of a 3 BHK in Matunga East?

The rent of 3 BHK in Matunga East lies in the range of ₹1.2 Lac - ₹2.3 Lac.

How many 4 BHKs are available in Matunga East?

1 4 BHK flats are available in Matunga East.

How much does a 4 BHK cost in Matunga East?

4 BHK flats in Matunga East costs in the range of ₹6.75 Cr - ₹12.50 Cr.

What is the average size of a 4 BHK in Matunga East?

The average size of a 4 BHK in Matunga East is 1800 sqft - 2500 sqft.

What is the rent of a 4 BHK in Matunga East?

The rent of 4 BHK in Matunga East lies in the range of ₹1.8 Lac to ₹2.5 Lac..

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