Property in Malad West
Malad West, Mumbai
Malad West is one of the suburbs in North Mumbai, well-connected by Linking Road, Swami Vivekanand SV Road and the Western Express Highway. It is located close to upscale neighbourhoods such as Kandivali and Goregaon and features excellent social amenities. Malad West is a part of the Mumbai North Lok Sabha Constituency along with five other Vidhan Sabha segments. These five segments are Borivali, Magathane, Dahisar, Kandivali East and Charkop in the Mumbai Suburban District.
Some of the major localities in Malad West include Chincholi Village, Orlem, Evershine Nagar and Jankalyan Nagar and it is just 24.4 kilometers from Bandra Kurla Complex (40-minute drive via Western Express Highway). The Powai Kensington SEZ is a 42-minute drive from Malad West via JVLR.
Malad has very good connectivity to other parts of Mumbai via S.V Road (Swami Vivekananda Road), Link Road and NH-8. Marve Road is another important road in Malad West which starts from S.V. Road, intersects with Link Road and ends at Madh Island Lands. Ferry service is also available for Versova, Manori and Gorai from Malad. There are bus depots in both eastern and western zones of Malad and the railway station is situated on the Western Line of the Mumbai Suburban Railway Network. The Mumbai International Airport is a 32-minute drive from Malad West via the Western Express Highway.
Schools and Colleges
Malad West is home to several reputed schools and colleges. These include Ryan International School, Fr. Agnelo High School, D.A.V High School, Vision B School, Zenith Institute of Business Management, MET, Smt. K. G. Mittal Institute of Management, I.T. & Research, K. G. Mittal College of Arts & Commerce, Amity Global Varsity and St Annes High School and College.
Real Estate in Malad West
The demand for residential property in Malad West has been increasing rapidly. The unit size of a 1 BHK apartment ranges from 300 – 700 sq. ft. while the size of a 2 BHK apartment is in the range of 750 – 1,200 sq. ft. and 1,250 – 1,750 sq. ft. for a 3 BHK apartment. The covered area for a 4/5 BHK apartment is between 1,660 – 2,500 sq. ft. In terms of commercial development, Mind Space Business Center is at the heart of Malad West. Prominent developers like Royal Realtors, Rajesh Lifespaces, Raheja Builders and ACME Group have launched their projects in the area. There are 23 ongoing projects and 6 are due for possession in 2014. The average property price in Malad West is Rs. 14,750 per sq. ft., minimum property price is Rs. 14,629 per sq. ft. and maximum property price is Rs 14,871 per sq. ft.
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