Top Reasons Why Malad West Is Booming in 2025

HISTORY

Over the last 15 years (2009-2024), the Malad West micro-market, where 'Chandak Treesourus' is located, has witnessed significant and consistent property appreciation, transforming from a primarily middle-income residential area into a prominent, well-developed urban hub. In the early part of this period (2009-2014), property values saw a steady rise driven by increasing connectivity along the Western Express Highway and Link Road, coupled with the expansion of social infrastructure like malls (Inorbit, Infinity), educational institutions, and healthcare facilities. The average capital value for residential apartments, which hovered around ¹8,000-¹10,000 per sq ft in 2009-2010, began to climb, supported by a growing demand from families seeking modern amenities and better living conditions than what was available in South/Central Mumbai at comparable price points.

The period from 2014-2019 saw accelerated growth, largely influenced by planned and commenced infrastructure projects, notably the Mumbai Metro Line 2A (Dahisar to D.N. Nagar), which significantly enhanced future connectivity prospects to commercial centers like Andheri, Bandra Kurla Complex (BKC), and Lower Parel. This foresight attracted both end-users and investors, pushing prices to an average of ¹14,000-¹18,000 per sq ft by 2019, reflecting an annual appreciation of roughly 7-9%. The development of Grade A commercial spaces in nearby Goregaon and Malad also created a robust employment corridor, fueling residential demand in Malad West. Post-2019, despite initial COVID-19 related slowdowns, the market demonstrated remarkable resilience. Government incentives like stamp duty reductions (though temporary) and historically low interest rates spurred buyer activity. The operationalization of Metro Line 2A in phases (2022-2023) has been a significant game-changer, drastically reducing commute times and cementing Malad West's status as a highly desirable residential destination. Currently, average property values for new or relatively new projects in Malad West range from ¹18,000-¹25,000+ per sq ft, indicating an overall appreciation of 150-200% over the 15-year period, with higher-end, amenity-rich projects commanding premium pricing. This robust appreciation is a testament to the area's strategic location, infrastructure development, and comprehensive social amenities, which have consistently enhanced its liveability quotient.