Properties, Homes & more

Connecting Thane to Mumbai, Mulund has become a hotspot for property buyers, due to its all-round development. Located on the central line, Mulund is a developing suburb between Bhandup and Thane. During the ’60s, Mulund was a small settlement with very little population, which mostly consisted of middleclass families, as companies like Johnson & Johnson, Gabriel, Richardson and Cruddas established in Mulund. Mulund today has become a multi-linguistic suburb.

Mulund is divided into two parts - Mulund West and Mulund East. The West is comparatively more developed than the East. Mulund underwent a drastic change after 1990, as builders took notice of its potential and started floating new constructions. Nirmal Lifestyles came up with its first project Mayur Pankh in the year 1976-77 and gradually progressed with prestigious projects like Nirmal Lifestyle and City of Joy that completely changed the landscape of Mulund.

Mulund wins the cake in terms of infrastructure too, as it is centrally located and has easy access to Mumbai, Thane and even Navi Mumbai. Road connectivity through vast network of BEST buses and frequent train availability has benefited Mulund.

Fortunately, Mulund is blessed with greenery due to places like Yogi hills and Cyprus. A morning walk amidst the greens rejuvenates Mulund residents. The suburb is strategically planned, fulfilling the requirements of modern-day living. Looking at the phenomenal growth, some of the best educational institutes like Lokmanya Tilak English High School, St Pius, St Mary’s, Holy Angels have come up in the past few decades. Mulund boasts of good colleges like V. G. Vaze College, Vani Vidyalaya and Mulund College of Commerce.

Hospitals like ESIS, Municipal hospital and private hospitals like Dhanvantari, Upasani, Saidhan Hospital and high-end hospital like Wockhardt cater to medical needs. Mulund has religious places like Ambaji Dham, Santoshi Mata Mandir, Jain temple, to name a few. For entertainment purposes, Mulund has single screen theatres like Jai Ganesh, Mehul and multiplexes like R-Adlabs, PVR Cinema. Malls have become the Mecca for the cinegoers in Mulund. L.B.S Marg in Mulund can be called as the hub of malls, with huge malls like Nirmal Lifestyles and Runwal Mall. From restaurants like McDonald’s, Pizza Hut to trademark hotels like Vishwa Bharati, Vishwa Mahal, Mulund has everything to offer. Mulund also has some well-known clubs like the Rotary Club of Mulund.

The property market in Mulund is flourishing with ever growing malls and its connectivity. Recently, property  rates in Mulund range between Rs. 5,000 to 7,000 per. sqft. A number of huge residential and commercial projects are coming up. With the kind of construction and developments coming its way, Mulund surely looks to be the destination for future.

Times Property proudly present the most awaited and widely appreciated property exhibition in Mumbai from July 3 - 5. This exhibition, like its earlier sessions, promises big bang in the property market. Various reputed builders (including small to big sharks) would showcase their properties in this exhibition. There would be ready possession, almost ready, and upcoming projects up for grabs. Besides homes, there would be plots, penthouses, second (or weekend) homes, commercial properties (including office space, IT parks, etc.), interior designer shops, and other stalls selling useful home-making materials. One can also book their dream homes in this expo and they would get handsome discounts right there!! Needless to say, there are tens of exciting offers from loan-lenders too. Spot discounts and instant approvals are complimentary.

Do not forget to attend this grand event…

At around 5:30am on June 30, an unoccupied building still under construction at Palm Beach Road in the New Mumbai district of Mumbai city Shanghai and not Sanpada (Please read UPDATE published below) toppled over. One worker was killed. According to information, a 70 meter section of the flood prevention wall in nearby Creek Stream which connects with Arabian Sea collapsed that may have something to do with this building collapse.

God bless all who have and are suffering in this accident…

Please note that I have received this information through a mail, so I am not responsible if this information is incorrect. If you have latest update on this, please post it here and I would certainly publish it. Let’s spread only the right information.

UPDATE: I have received many comments from alert readers who have pointed out that this information is partly correct. This accident had really took place, but in Shanghai (check this BBC link) and NOT in Sanpada as reported by me. I apologize for the wrong information I had published. I am against spreading any rumours so I am taking all precautions to avoid such things to happen, and also upading my post. Thanks again to my alert readers.

Nerul has stood up to expansion on all sides, with a planned infrastructure and good roads. The road and railway connectivity of Nerul is excellent. On the harbour line, Nerul has frequent facilities with trains up to Mumbai CST and also till Andheri and Panvel on the other end. The recent Nerul-Thane rail service is another feather in the cap. Buses of BEST and NMMT services have an extensive network in Nerul.

Nerul is home to many educational institutes like SIES Graduate school of Technology, Ramrao Adik Institute of Technology, Terna Engineering College, Dr. D. Y. Patil Medical College, SIES College of Management Studies, Dr. DY Patil College of Architecture, Ramrao Adik Institute of Technology, Dr. D. Y. Patil Dental College, Delhi Public School, St. Augustine’s High School, St Xavier’s High School, Sterling College, Ryan International School and Apeejay School.

Nerul is a complete place to stay in Navi Mumbai — a person who has stayed here will never want to move out from here. It is also fully saturated, with hardly any projects to come up. Over the years Nerul has developed in leaps and bounds. In the past nine years or so the infrastructure of Nerul has undergone a drastic change.

Considered by many as the “best place to stay in Navi Mumbai after Vashi“, Nerul has the most scenic stretch of the Palm Beach Road — the showpiece of Navi Mumbai. This state-of-the-art road is at par with those in other developed cities, giving it an ultra modern appeal. The mangroves on one side and the lake on the other give it a tranquil air.

CIDCO has some plans to develop public parks and boating facilities, which will increase the appeal of Nerul as a preferred residential location. The D.Y Patil cricket stadium launched with the IPL bang, has given an altogether new identity to Nerul. Because of the stadium, the place has now got its own name in the map of India. It has always been a popular shopping destination after Vashi, with the presence of many leading brand-stores and malls. In a nutshell, a complete residential area that is what Nerul is…

The Times Property Showcase 2009 was conducted in Thane and had many properties on display from across Maharashtra at affordable prices. Visiting every project and builder is time-consuming and physically draining, so in order to make the process simpler builders are exhibiting their projects all under one roof to make property buying easier. With the same intention, the Times Property Showcase 2009 brought under one roof more than 50 top builders, over 300 projects, homes starting right from Rs. 6.66 lakhs, attractive financial options and special exhibition offers at the three-day property exhibition held at Nehru Centre between 17 and 19 April 2009.

Referred to as “Right Priced homes” the exhibition had on display properties from all over Maharashtra including, Pune, Nagpur, Nashik and even beyond Maharashtra at locations such as Bangalore, Goa. It gave various options to prospective home buyers to select before they make a final decision to invest. Exhibitions give the best option to the buyers to select from a wide range of projects while developers also get informed about their competitors and new trends in the market.

Not only first homes but also options for weekend homes and second homes were also on display. In addition, special benefits included the best rate for various properties, exclusive gift hampers, free drop for site visits and home pick-up. However, the visitors were more interested in property within Mumbai. Though the exhibition was focused on properties all over Maharashtra, the demand was more for properties in and around Mumbai.

The exhibition was an attempt to bring together various properties across Maharashtra to give a common platform for both buyers and sellers and take the maximum advantage of the offer. In the current scenario with all conditions in favour of the buyer, it surely seems the right time to buy right-priced homes.