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Mulund is a strategically located suburb with many residential and commercial plots. The suburb has seen extensive changes in the past few years. It has a population of more than 8.5 lakh and accounts for a great deal of historical importance by its past ranging from ancient era to the 21st century.
Mulund is divided into Mulund (West) and Mulund (East). Mulund is a well planned, green and a self-sufficient suburb. It is among the more affluent suburbs of Mumbai, nestled alongside the foothills of the Borivali National Park. It is well connected with easy access to the Eastern Express Highway and Navi Mumbai through the Mulund-Airoli Bridge.
A cosmopolitan mix of Gujaratis, Maharashtrians , Tamils, Malayalis, Kannadigas, Sindhis and Punjabis live in Mulund in absolute harmony. Various religious structures are located close to each other. Prominent religious structures include the Jain Temple in Zaver Road, the Bhakta Sangham Temple in P.K.Road. St.Pius Church on Madan Mohan Malviya Road, Balrajeshwar Temple on L.B.S. Road, Sarvodaya Parshwanath Temple in Sarvodaya Nagar and the Hanuman Temple in Mulund East.
If one traces Mulund's history, it can be found that the well-planned suburb was a result of the efforts of a visionary zamindar , who approved the efforts of an architectural company called Crown & Carter. This company ensured that the roads were well laid out, cutting each other at right angles, just like the roads in London do.
Mulund was predominantly an industrial area housing several pharmaceutical companies like Hoechst, Wellcome (Glaxo), Merind and Johnson & Johnson and also engineering companies like Richardson Cruddas, Agfa & Gabriel. But this tagging was ephemeral.
Towards the late 90's , this suburb saw a dramatic change. Mulund was predominantly a middle-class northeastern suburb. It resurged to become a retail hub in a span of just ten years. Old factories and structures were replaced and new malls, cineplexes and skyscrapers came into existence, thereby changing the skyline. L.B.S.Road is a substantial testimony to this fact as it is lined with attractions like Shopper's Stop Superstore, Nirmal Lifestyles Mall, Sachins, R-Mall and Big Bazaar.
The mall culture necessitated the need for such a drastic transformation. Nirmal Lifestyles and RMall have been a complete turnaround. They have transformed people’s attitudes towards the way they shop, eat, drink and seek entertainment.
The four-storey R Mall sees a footfall of more than 10,000 per day on weekdays and about 50,000 on weekends . It accommodates more than 55 retail brands, including Big Bazaar, Westside, Lifestyles, Provogue Studio, Pizza Hut, Café Coffee Day and Tanishq .
A part from the malls, educational and medical institutions have attributed to the growth in Mulund. N. G. Purandare High School, J. J. Academy High School, Vani Vidyalaya High, St.Mary's Convent, Holy Angels High School, Jnana Sarita Gujarati High School, Lokmanya Tilak English High School are a few of the schools in Mulund, in the English and vernacular medium. Colleges offering graduation and post-graduation courses in Mulund include Mulund College of Commerce, KET's V.G. Vaze College of Arts,Science and Commerce and W.M.M Vidyalay. Hospitals include Wockhardt Hospital, Ashwini Hospital Aditi Hospital, Jas Raj Hospital.
The infrastructure of Mulund is better as compared to the suburbs nearby. This factor has guaranteed a positive drift in enticing the buyers. "Mulund is well connected by roads and trains. The Eastern Express Highway is another added advantage, which connects Mulund to South Mumbai. The Mulund-Airoli Bridge has slashed our travelling time and now it only takes us 30 minutes to get to Vashi," says Sapna Pillai , who works at a call centre in Navi Mumbai.
"The development in Mulund gained momentum in the year 1990-2000 . From then, there has been a four-fold increase in the population of Mulund. With this growth of population, Mulund saw an emergence in integrated retail, leisure and entertainment developments in the location. The reason, being relatively low cost of the properties in the real estate sector in contrast to the exorbitant pricing in other areas of North and South Mumbai. With these developments in Mulund the area became upmarket offering better lifestyle." states Joygopal Sanyal, Head (West India) Land and Advisory, Trammel Crow Meghraj Consultants.
The upcoming premium projects in Mulund include Akruti Elegance, Mulund (E). This project of Akruti Nirman is a 30-storey building housing shops and residential plots. It is located five minutes from the railway station and is in close proximity to the Eastern Express Highway. It has designer flats with executive amenities and has ample basement car parking facilities. It offers 1/2 BHK apartments at an opening price of Rs. 3200 per sq.ft onwards.
"The class of buyers that we target is that of middle class professionals who are in search of a home. We chose Mulund (E) because it is basically a residential area and is an area that is well organised and less crowded as compared to Mulund (W). We also intend to get substantial returns from these projects, as Mulund is an upmarket area with excellent connectivity," adds Mayur Shah, Chief Marketing Officer, Akruti Nirman Ltd.
According to Sujata Bekal, Manager, Marketing and Sales, Runwal group, "Mulund has open land for sale as many of the factories in Mulund have shut down because of which the suburb will see many projects coming up. Runwal Group itself has three of its projects underway, namely Runwal Infinity, Runwal Pride, Runwal Heights at LBS Marg, Mulund (W) and is available in the range of 3500 to 3600 sq. feet. Our projects offer a panoramic threeside view, 100% cross ventilation and facilities like clubhouses etc."
She continues by saying that, "Mulund is a fast growing area, and is apt for those who have budget constraints and are in search of their dream abode. The crowd is basically cosmopolitan and the presence of malls and cineplexes have increased the market value of the place. There's an increase in the rates from Rs. 2300 sq ft to 3500 sq ft in the real estate sector. The readily available plots of old factories , strategic location, and connectivity are the key factors , which will ensure that the builder gets substantial returns ."
The transformation of Mulund from an idyllic to a 'hip and happening' suburb has indeed proven to be a blessing in disguise to many of those who were in search of their dream abode. Mulund is indeed the 'prince of all suburbs'.
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