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Long back, Mulund was referred as the most unfamiliar part of Thane. With the intervention of Bombay Municipal Corporation (BMC), the locality gained its status as a full-fledged residential destination and was included as a part of Mumbai expansion plan. Look at the lloclaity now, it is among the most cosmopolitan suburbs of Mumbai. The locality has two divisions, which are Mulund east and Mulund west. Both the localities have been through the phase of transformation and globalization, making this sleeping city into a super active locality on the realty front. The old constructions are being revamped and the small scale industries are also witnessing some rapid industrializations, where premium residential apartments, shopping malls and entertainment hubs are taking over the old stuff. No matter what, Mulund is still among the safest and the greenest localities of Mumbai. Talking about accessibility, Mulund is 29 KM from the heart of Mumbai, via the Eastern Express Highway, 14 KM from Chatrapati Shivaji International Airport and 32 KM from Chhatrapati Shivaji Terminus. New Launches Mulund has witnessed onset of a plethora of new residential projects, and most of them are available in 1 and 2 BHK configurations. These projects are under at various stages of construction, and the ready to move in ones remain the favorite of the homebuyers. The realty segment of Mulund is mainly an end user driven market, and has attracted buyers who look forward to make investments in their first homes. Runwal Greens Runwal Group launches Runwal Greens, which a promising residential development in Mulund (West) - Central Mumbai suburbs. Runwal Greens is a premium residential township spread across 7 acres and offers well-designed apartments, available in 2 - 4 BHK configurations. These properties have an area range of 1110 - 3010 Sq. Ft., and have a price bracket of Rs.1.04 crore - Rs. 3.91 crore. Possession is due in December 2015. Runwal Greens has eight residential towers with 42 floors for accommodating a population of around 10,000 residents. Oberoi Eternia Under the branding of Oberoi Realty, Oberoi Eternia is the new project which is all set to shape up the skyline of Mulund (West). It is a thoughtfully designed aesthetic residential project, offering 3 and 4 BHK apartments and 3 bedroom independent floors. Equipped with all sort of amenities and facilities, Oberoi Eternia has been successful in attracting a number of homebuyers. The starting price of these homes is Rs. 2 crore, and the total construction area lies in the range of 880 - 3072 Sq. Ft. These properties will be ready for possession by December 2018. Oberoi Eternia offers 900 residential units spread across stilt + 37 floors. The Takeaway With such myriad of realty options, developing infrastructure, better connectivity and booming real estate, one should not wonder to see Mulund becoming a prime realty hub. It is now a preferred destination for the buyers and investors and has a chain of some major retail brands. The property prices are surging and the buyers are advised to make investments now! Rashmi Karan writes for the leading real estate portals and offers genuine and accurate information about the current real estate trends regarding purchase and sale of both residential and commercial properties.
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