Saturday, May 14, 2011

Residential Properties in Malad

Mumbai’s quotient of glamour and luxury was once restricted to the south region, this however has come to be a dispelled myth. Malad in particular seems to be one of the most favored options,
as it one of the fastest growing suburbs.

Malad west with the increasing number of shopping malls, lifestyle stores, multiplexes, and supermarkets, has become the hub with regards to working and housing options. Mind space, Big
Bazaar, Inorbit, Hypercity, Liberty Garden are big landmarks now.

Relocation and property investment has become somewhat of a trend in the cosmopolitan city of Mumbai. The real estate industry here is thriving on sales, re-sells, developments, and redevelopments of properties across the capital. With traveling becoming more time consuming, residents from all over Mumbai are now looking to move base closer to their workplace. Residential properties in places like Malad, Kandivali, Goregaon, and Bandra Kurla Complex are in the spotlight.

Places like Malad are witnessing rapid growth in the commercial segments here, and hence other sectors have followed suite. This is the main reason why relocation has become a trend here. People working at the various companies and set-ups here find it convenient as well as effective to live in the same vicinity as their offices so as to maintain a family and work balance.

In addition to executives and professionals, most post graduate or graduate students in the city are staying on this side, investors are looking at properties near colleges and work places, which also have recreation and commercial opportunities for them. Home to commercial giants like Morgan Stanley, IBM, E Serve, J P Morgan Chase, Toyota, Mindspace (industrial BPO park), etc, Malad just about makes its mark as a IT hub. The amazing malls, multiplexes, beautiful beaches, and nice restaurants and other recreational activities available, makes this place an ideal choice for
family oriented professionals.

On the other hand, while Malad east has achieved a certain level of development, it is still to reach the next level in terms of infrastructure and community living experience. Residential development that comes up along the commercial centre is always high in demand and it is foreseen to provide the city premier options for urban development. Apart from new constructions, residential properties in Malad has a good redevelopment potential and a bright future as a self sufficient residential suburb.

Real Estate companies like Omkar Realtors and Developers with a proven track record for efficiency and delivery will play a key role in transforming Malad east into a commercial and residential favorite. This project located on Western Exp Highway amidst serene hill views. With 1.75 lakhs sq. ft. of recreational spaces, this lavish project houses world class amenities like barbeque pits, 3 swimming pools, squash, badminton & tennis courts, club-house, fully fledged business centre and conference rooms. Offering a luxurious lifestyle with sundecks, gazebos and an elevated jogging track, this project is sure to dazzle the suburban skyline with its exquisiteness.

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