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Matunga: Mumbaiís real estate market has this hidden jewel - Know what all this region has
Zeebiz.com  |  April 3, 2019

Monisha Dubey ZeeBiz WebDesk

Matunga is one of the prime locations in Mumbai. This prime central suburb has easy accessibility over the central, western and  harbour  suburbs of Mumbai.

 

Matunga is one of the prime locations in Mumbai. This prime central suburb has easy accessibility over the central, western and harbour suburbs of Mumbai. Geographically, Matunga is surrounded by the Sion-Dharavi belt to the North, Mahim to the North-West, GTB Nagar to the North-East, Wadala to the East and Dadar to the South making it a prominent residential as well as the commercial location in Mumbai. Other than that, Matunga also blends the cultural ethos of Parsi and Saraswat lineage giving a varied cultural blend on its platter. The mixed cultures bring-in their own traditions of food, festivities, and fashion. These factors make Matunga an ideal destination for residential purposes.

 

Speaking about the advantage of the location, Navin Makhija &ndash Managing Director, The Wadhwa Group opines, “Matunga is a centrally-located region where culture, cuisine, and heritage convene and connect seamlessly. The location offers ease of connectivity to the city's business hubs like BKC, Lower Parel, Prabhadevi, and Worli. With its proximity to centres of education, entertainment, shopping outlets, parks, and green spaces, it complements the lifestyle of the people living there.”

 

The suburb boasts of all the factors which are imperative while buying a property, namely return on investment, a respectable neighbourhood, quality education, ample recreational opportunities and a decent overall quality of life.

 

Connectivity

 

When it comes to connectivity, Matunga enjoys proximity to the major business hubs like BKC, Lower Parel, Nariman Point Andheri as it is well connected with Eastern and Western Express Highways. Matunga is accessible from both, Central and Western Lines which makes it very easy to commute across Mumbai very easily. There is a great network of roads that run through the eastern and western parts of this suburb. The location will enjoy the seamless connectivity with the proposed infra projects like Monorail, Mumbai Coastal Road, Metro, Mumbai Trans Harbour Link.

 

Access to quality education

 

Matunga is a hub of Mumbai’s historic, respected and quality education institutes. One need not worry about their children’s schooling, college as well as higher educational aspect while living here as it has some of the top schools of Mumbai like Indian Education Society, Don Bosco, Bombay Scottish School, South Indian Education Society (SIES), Shishuvan etc. Reputed colleges like RA Podar College of Commerce, Ramnarain Ruia College, DG Ruparel College are there in the suburb and colleges like Guru Nanak Khalsa, MET College, SNDT and Kirti College is easily accessible from here. Quality post-graduation options are provided by the Welingkar Institute for MBA as well as the Veer Jijamata Technical Institute for Chemical Engineering.

 

Rejuvenation

 

Matunga offers rejuvenation centres like Shivaji Park Gymkhana, MIG Club, NSCI Club, Dadar Club, Mahalaxmi Racecourse, Matunga Gymkhana, Mahatma Gandhi Swimming Pool, Matunga Cultural Centre for enjoying cultural programs. For one to relax watching a movie and eating popcorn, Matunga is a step closer to big cinema houses like Star City Theatre, INOX Nakshatra Mall, Chitra Cinema, Carnival IMAX.

 

Healthcare

 

Reputed hospitals like Sion Hospital, P.D. Hinduja, Lilavati Hospital, Raheja Hospital, Asian Heart Hospital, Shushrusha Hospital, and KJ Somaiya are close by and easily accessible. Matunga also has a good number of local hospitals catering to various healthcare needs of the citizens.

 

Infrastructure growth

 

There are major upcoming developments in the infrastructure of Mumbai like the proposed Mumbai Coastal Road, Metro, Monorail and Mumbai Trans Harbour Link. This will ease the traffic congestion in Matunga and make commuting easier. Another major project is the widening of the Western Expressway which will further ease the commuting woes.

 

A shopper's paradise

 

Matunga’s Gandhi market has been a local’s favourite for a long time for all the clothing and accessory shopping across all age groups. The Hindmata market is a stone’s throw away for handloom sarees and materials. Going with its South Indian connect, Matunga houses some of Mumbai’s best authentic silk and kanjeevaram saree stores. The lack of malls in Matunga is more than adequately met by the access you have to malls in Lower Parel, Bandra, and neighbouring areas. Matunga ensures a one-stop solution for shopping as it just a few minutes away from shopping hubs like Palladium Mall, High Street Pheonix, Atria Mall, Big Bazar etc.