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Real estate in Malad
Located on the western side of Maharashtra, India, is the vibrant city of Malad, a top destination for both domestic and international real estate buyers and investors. If you have set your heart on discovering a stunning residential property or are in search of an apartment with an incredible view of the Arabian sea, Malad should be at the top of your list. This captivating city is known for its flourishing coasts and an array of traditional Indian residences, giving it a unique charm and a special place among the cities of Maharashtra. Before you approach a local real estate expert, make sure to do some homework about the real estate landscape in the region – explore what kind of properties are currently available in Malad, examine the prevailing market rates, and understand the potential costs of owning a dream home in this unique location. Like the "White Village" of Mijas, Malad too has its distinct charm, with its diverse population, booming IT industry, and rich cultural heritage, making it an irresistible choice for house hunters and investors alike. Brimming with lifestyle amenities such as shopping malls, schools, hospitals, and excellent connectivity to other parts of the city, Malad has truly evolved as a promising real estate hub in Maharashtra.
Malad properties: Market trends overview
The real estate market in Malad, Maharashtra, has been experiencing consistent expansion and price appreciation, making it an appealing destination for both national and international investors, particularly from countries such as the UK, USA, Singapore and the Middle East. Malad's prime location in Mumbai allows residents to experience a relaxed lifestyle while still benefiting from the excitement of India's biggest city. With numerous shopping malls, entertainment venues and excellent connectivity to other parts of Mumbai, Malad is an exciting place to live. Malad boasts a lively urban atmosphere, an enriching cultural history, and an exceptional standard of living. In recent years, the local government and private developers in Malad have been prioritizing infrastructural development and urban planning, providing a variety of property options for both local and foreign buyers. These range from modern and stylish high-rise apartments to sprawling bungalows and penthouses. Finding an apartment or property for sale in Malad that suits any budget and lifestyle preference is not a daunting task, making this thriving suburb one of the most welcoming for foreign buyers. With increasing urbanization and the rapid growth of its IT sector, Malad's real estate market presents promising prospects for both investors and homebuyers.
Average price of a property for sale in Malad
What price range should you be looking at for properties in Malad, Maharashtra? The cost of a property in this area can greatly vary, with a multitude of factors contributing to its value. These include the type of property, its location proximity to key areas such as city centres and beaches, availability of amenities, as well as personal requirements such as luxury features, size, and accessibility among others. Recent data suggests that the highest quoted price for properties in Malad was at INR 26,982 per square foot. The priciest properties can be found in Marve-Malad, a plush and highly desirable residential location. On the other hand, the most affordable properties, with an average price per square foot of INR 19,918, are located in the Evershine Nagar-Malad. The mean price for a house in Malad, at present, is approximately INR 2,16,47,730. Do keep in mind that these prices are subject to fluctuations based on the real estate marketplace and overall economic picture.
Types of properties can you find in Malad
In Malad, Maharashtra, the real estate properties span across a wide variety, ranging from modern apartments, luxurious duplexes, upscale sea-facing bungalows, and traditional Indian villas. The most sought-after properties are located in secured residential societies. You can discover homes with 3-4 bedrooms, large balconies, and duplex homes extending over 2 floors. Notably, these floors have their individual entrances and each is equipped with large balconies and separate kitchens. You can consider choosing a newly constructed bungalow located in a prime location in Malad, Maharashtra, with a stunning ocean view, strolling distance to the beach, making it a perfect residential hub.