If Mulund West Is Out Of Your Budget, Here Are Five Other Options To Consider

If Mulund West Is Out Of Your Budget- Are you considering buying a home in Mulund West? However, the expensive residences in the region are limiting your options. Would you like to know more about less expensive home options that nevertheless maintain access to services and connectivity in the Mulund area? Continue reading to learn about the top five communities you should think about choosing over Mulund West.

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The real estate market in Mumbai is growing quickly. The city had a record rise in property registrations & stamp duty income in Q4 2023, demonstrating the strong demand for housing. In light of this, Mulund West and other upscale neighbourhoods stand out as exclusive places with expensive flats for sale.

However, nearby communities provide appealing and reasonably priced options for individuals looking for less expensive options without sacrificing lifestyle or connectivity. This article looks at five suburbs that provide more reasonably priced real estate than Mulund West flats.

In Mulund West, the average cost of a home is Rs 26,750 per square foot. These five areas around Mulund West may be of interest to you if this amount is outside your budget or if you’d want a better deal at an even lower price: Bhandup West, Thane West, Airoli, Vikhroli East, & Ghansoli.

The price trends of Mulund West (Rs 26,750 per Sq ft) in comparison to the top 5 affordable locations

Bhandup West

A range of ready-to-move-in apartments are available in Bhandup West, mostly in the more reasonably priced 1 BHK and 2 BHK layouts. In Bhandup West, the average cost of a property is Rs 22,600 per square foot. In Bhandup West, most purchasers favour one-bedroom apartments. The area’s flat market is priced as follows:

The Bhandup West Connectivity Quotient

Bhandup West has excellent access to the city’s recreational and work areas. The following are a few of the neighborhood’s main transport facilitators:

• Bhandup West has excellent access to other areas of Mumbai through Lake Road (1.5 km), LBS Marg (2 km), and the Eastern Express Highway (3.8 km).
• The community is served by the Bhandup Railway Station, which is 2.7 kilometres away by LBS Marg.
• By the EEH, the Bandra Kurla Complex (BKC) is around 16 kilometres distant.

Future infrastructure: Initiatives that could raise Bhandup West’s quality of life index

• There will be a dedicated station in Bhandup West for the Mumbai Metro Line 4 (Wadala-Kasarvadavali) that is currently under construction.
• The Goregaon-Mulund Link Road will ease traffic in the vicinity once it is finished.

Compared to Mulund West, where the average price per square foot is Rs 26,750, Bhandup West offers new & resale apartments at a lower cost. The following are a few of the well-known Bhandup West projects:

After learning about the recent developments in the neighbourhood, let’s see what the locals have to say about life in Bhandup West.

Bhandup West: Review by Residents

Both present and former residents hold Bhandup West in high regard; it has a rating of 4.1 out of 5. The great social amenities in the region are the reason for this approbation. Bhandup West is a sought-after area for both professionals and families for the following reasons:

Thane West

Mulund West can be more affordably substituted with Thane West. The average price of a home here is Rs 18,700 per square foot. In Thane West, there are numerous well-established housing societies that provide apartments with 1, 2, and 3 bedrooms that are ideal for middle-class families.

Connectivity to nearby employment hubs

A strong rail and road network make travelling from Thane West to other areas of Mumbai hassle-free:

• Major routes such as the Ghodbunder Road (1.2 km) and the Eastern Express Highway (4.5 km) are accessible from Thane West.
• The 7-kilometer Thane Railway Station offers an affordable connection to various areas of Mumbai.
• People who work in Wagle Industrial Estate (9 km via EEH), Kolshet Industrial region (6 km via NH 848), Kapurbawdi (3.2 km via GB Road), and Manpada (2 km via GB Road) are drawn to the region.

Upcoming Thane West infrastructure development

It is expected that Thane West’s connectivity to Wadala and Kalyan would be substantially improved with the installation of Mumbai Metro’s lines 4 and 5. Furthermore, a planned tunnel connecting Tiku-Ji-Wadi and Borivali is anticipated to greatly shorten commute times between Thane West and Mumbai, enhancing everyday connection for locals.

Let’s look at the Thane West listed property options:

Thane West: Review by Residents

Residents of Thane West have given the neighbourhood a high satisfaction rating of 4.3/5 and commend it for having well-kept roads and being close to markets and reputable hospitals. The following are a few of the social amenities in the vicinity of Thane West:

Airoli

In Mumbai, Airoli proves to be a well-rounded option for individuals looking for mid- to premium-range accommodation. With average prices per square foot of Rs 19,550, Airoli provides residential options that are competitive with surrounding communities such as Mulund West, suggesting a solid demand for housing in the area.

The pricing range of flats in Airoli is shown in the table below.

Employment hubs and connectivity

For those who work at the TTC Industrial Area and Airoli Knowledge Park, Airoli is a great place to live. The following are a few choices for local connectivity:

• Major routes like Mulund-Airoli Road (2 km), Thane Belapur Road (1.5 km), and the Airoli Bridge (3.5 km) provide excellent connections to Airoli.
• The area is home to Airoli Knowledge Park and is close to other prestigious IT parks including Dhirubhai Ambani Knowledge City and Sigma IT Park.
• The TTC Industrial Area is very close to Thane West (4 km via Thane-Belapur Road).

Upcoming Infrastructure Development in Airoli

The important infrastructural improvements that are now under way will have a big impact on Airoli. Under development, the Airoli-Katai Naka Motorway is expected to improve intercity connections. One of the main goals of the Ghansoli Airoli Palm Beach Extension Project is to reduce local traffic congestion.

Let’s now examine a few of the popular real estate choices in Airoli:

Airoli residents’ review

With a 4.4/5 rating from locals, Airoli has a good satisfaction percentage. The region is renowned for having good access to major facilities such hospitals, shopping malls, and schools.

On the other hand, noise pollution during peak hours, water shortages, and frequent power outages have been complaints voiced by locals.

The primary educational institutions, medical facilities, and recreational areas in Airoli are listed in the following table.

Vikhroli East

There is a decent supply of 400–1,000 square foot, ready-to-move-in 2 BHK apartments in Vikhroli East. Data indicates that the average cost of real estate in the area is Rs 21,350 per square foot. The pricing range for studio, one, and three-bedroom flats in Vikhroli East is as follows:

Employment and connectivity

The following are some of Vikhroli East’s main rail and road connections:

• Mumbai’s Central Line stops at Vikhroli Railway Station, which is 1.3 kilometres away via Station Road. Suburban Railways guarantees easy access throughout Mumbai
• Major roads like the Eastern Express Highway (1 mile), Jogeshwari-Vikhroli Link Road (2.5 km), & LBS Marg (4.3 km) are advantageous to the location as they make it simple to get to important areas like Ghatkopar, Bandra, and Kurla.
• Within a 12-kilometer radius are surrounding commercial areas including Andheri East & Bandra Kurla Complex.

Furthermore, it is projected that the building of the Vikhroli East-West bridge will improve Vikhroli East’s connectivity even more.

Let’s now examine the apartments that are offered in Vikhroli East.

Vikhroli East: Review by Residents

Residents of Vikhroli East have given the neighbourhood a favourable overall assessment of 4.2/5 stars, praising it especially for its environment (4.1/5), safety (4.1/5), lifestyle (4.2/5), and connectivity (4.4/5). These are a few of the social facilities that are close to Vikhroli East—five kilometres or less.

Ghansoli, Navi Mumbai

Ghansoli is becoming a popular place to live. Its excellent location close to economic and industrial centres makes it particularly well-liked among professionals. At an average cost of Rs 22,600 per square foot, Ghansoli offers a range of residential flats that suit the needs of purchasers from mid-range to premium. Here is a quick look at Ghansoli’s real estate pricing distribution:

Connectivity: Major advantages for Ghansoli

Major routes like the Thane-Belapur Road, the Shil Phata-Mahape Road, and the Mulund-Airoli Road connect Ghansoli well, making it simple to commute to and from important parts of Mumbai.

• For thousands of commuters, the area’s connection to the Mumbai Suburban Railways via Ghansoli Station on the Harbour Line provides additional support for everyday travel.
• The location of MIDC Ghansoli & its ease of access to Airoli’s business district make it a more desirable neighbourhood for working adults to live in.

Upcoming Ghansoli infrastructure projects

The proposed Ghansoli infrastructure projects, in particular the addition of a new station on the upcoming Mumbai Metro Line 14, hold out the promise of enhancing connectivity and bolstering future increases in real estate prices.

See now what this neighbourhood has to offer potential homeowners:

Social amenities in Ghansoli

Residents of Ghansoli have given it excellent ratings. Facilities such as hospitals, colleges, and schools are readily available in the neighbourhood. Convenient dining and cab services are available, and there is a strong public transport network that includes services like BEST and NMMT buses.

A tenant from the neighbourhood says, “Ghansoli in Navi Mumbai offers a great chance for a cosy living environment. By a number of transport options, the area is conveniently located and well-connected. The easy access to parks, supermarkets, hospitals, & schools, among other local facilities, is appreciated by the local population. Living in the region is safe and secure because of its low crime rate.”

The main social amenities of Ghansoli are listed below:

Conclusion

In summary, Mulund West is still a popular neighbourhood in Mumbai because of its facilities and strategic position, but there are many more reasonably priced options close by that don’t sacrifice quality of life. Make your selection from these areas if you’re looking for greater value for your money. But make sure you conduct extensive due investigation before spending any of your hard-earned cash.

What is the difference between Mulund West’s average property price and that of its surrounding areas?

The average cost of a home in Mulund West is Rs 26,750 per square foot. By contrast, the average price range in the surrounding districts is between Rs 18,000 and Rs 23,000 per square foot.

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