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Malad West, located in the northern part of Mumbai, is an ideal investment locality for those with a low or mid-budget. Over the past few years, the area has witnessed rapid growth in both residencies and population, thanks to continuous infrastructure development. The affordability of residences is a key factor driving this population surge.
Moreover, the locality provides essential amenities, including well-regarded hospitals, educational institutions, and seamless connectivity to neighbouring areas. Surrounded by mangroves, Malad West offers a peaceful environment with ample greenery. It is a rapidly growing Mumbai suburb characterized by high-class infrastructure and bustling commercial hubs. Additionally, it enjoys strong connectivity with neighbouring areas like Malad East, Kandivali West, and Malad West, further enhancing its appeal.
Malad West is an attractive mid-budget investment location, offering luxurious residences equipped with all amenities. It provides a range of high-rise housing options at a reasonable cost. Additionally, its close proximity to educational and healthcare facilities ensures your daily needs are easily met.
Moreover, its strategic location near commercial hubs such as Link Road, Malad Industrial Area, and Mindspace will reduce your commute and offer a conducive professional environment. Notably, the current price trend is on an upswing, indicating the potential for a substantial return on investment in the upcoming years.
Here is a statistical data to understand the price trend in Malad West, Mumbai:
Year (Apr-June) | Price per square feet |
---|---|
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 prices are collected from different sources and it does not show the actual price of properties. The property rates differ with developers, location, and amenities.
Malad West offers diverse connectivity through railways and roadways.
Malad West is equipped with excellent social infrastructure with leading education centres, healthcare options, restaurants and recreational spaces within the vicinity.
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 is rapidly flourishing with business epicentres that provide a smooth lifestyle to professionals by reducing travelling costs and time.
NESCO IT Park, Nirlon Knowledge Park, and Veera Desai Industrial Estate are each about 6.4 km away via New Link Rd. Mindspace Malad is just 1.0 km away via the same route, making these commercial hubs easily accessible from Malad West.
As Mumbai stands in the list of costly areas in India to invest in, Malad West is comparatively affordable for low-budget investors. The locality offers all the amenities like other parts of Mumbai but in a low to mid price range. The flats and apartments of the area are trading at an average price of around Rs. 24,650 per sq ft, which is quite promising for middle-class families and beginner investors.
This location offers a promising return on investment, with prices consistently rising. Over the past year, there has been a notable 3.6% increase, demonstrating positive growth. Looking back over the last three and five years, the trend has been even more impressive, with growth rates of 13.2% and 9.5% respectively. This indicates a strong potential for increasing ROI in long-term investments.
400064 is the PIN Code of Malad West.
Malad West is blessed with well-known commercial spaces like NESCO IT Park, Nirlon Knowledge Park, etc. Also, it is a great place for a shopaholic person with malls like Inorbit, and Infinity Mall. Not man-made recreational places, the location also acquires natural peaceful spaces like Marv Beach and Aksa Beach. Most interestingly, you will find a Goan neighbourhood here, named Orlem. The place is famous for Goan foods and you will enjoy it all without being present in Goa!
Malad West in Mumbai offers luxurious residences at a mid-range price, making it an excellent choice for a comfortable lifestyle. Notable properties like Ahimsa Heights, Marve Queen, and Palm Springs are available at affordable rates. The area also provides easy access to the Mumbai Suburban Railway, top educational and healthcare institutions, and business centres.
For 1 BHK, the rent in Malad West is approximately ₹16,000 - ₹34,200; for 2 BHK, it's ₹49,000 - ₹95,000; and for 3 BHK, it's ₹60,000 - ₹1,50,000.
Malad West is set to be well-connected with the Metro Line 2, Coastal Road, and Goregaon-Mulund Link Road projects. These developments will enhance connectivity within the area and to neighbouring suburbs.
15 1 BHK flats are available in Malad West West, including furnished and unfurnished
1 BHK in Malad West costs in the range of ₹59 Lac - ₹1.15 Cr.
The average size of a 1 BHK in Malad West is 390 sq. Ft - 575 sq-ft.
The rent of 1 BHK in Malad West lies in the range of Rs. 25,000 - 35,000.
18 2 BHK flats are available in Malad West.
2 BHK in Malad West costs in the range of Rs 1.25 Cr - Rs 2.34 Cr.
The average size of a 2 BHK in Malad West is 650 sqft - 851 sqft .
The rent of 2 BHK in Malad West lies in the range of Rs.49,000 - 75,000.
10 3 BHK flats are available in Malad West.
3 BHK flats in Malad West cost in the range of Rs 4.1 Cr - Rs 6 Cr .
The average size of a 3 BHK in Malad West is 1012.sqft - 1239.sqft..
The rent of 3 BHK in Malad West lies in the range of Rs. 60,000 - 1.3 Lac..
2 4 BHK flats are available in Malad West.
4 BHK flats in Malad West costs in the range of Rs 4.55 Cr - Rs 7.26 Cr.
The average size of a 4 BHK in Malad West is 1425.0 sq.ft - 1927.0 sq.ft.
The rent of 4 BHK in Malad West lies in the range of Rs.1.2 Lac - 1.9 Lac.
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