History

Malad is the name of a railway station on the Mumbai suburban railway on the Western Railway railway line. It is a suburb of Mumbai. Malad, like all the western suburbs is partitioned into two parts. East and West by the Western Railway line.Apart from the original Maharashtrian settlers, this suburb has a considerable population of Gujaratis, South Indians, Marwaris and Punjabis. Real estate on the west side is more expensive than the East.Originally, much of the land was owned by East-Indian Community) families and was used primarily for agricultural purposes. Towards the 1980s many of them sold their lands to real estate developers. One of the most prominent localities in Malad (West) is the village called Orlem (Original Marathi name - Valnai). It has a few of the popular beaches in Mumbai noteable Marve Beach, Aksa and Erangal.

General Information

Malad comes under ward P North, as per Bruhann Mumbai Municipal Corporation.

Area : 19.13 sq. km.Population : 559,283 (As per census 1991)Eating houses : 215Municipal Hospitals : 2Cemeteries : 24Schools : 139

Location of Ward

The ward office is located at Malad in western suburbs of Mumbai. Its boundary extends from North Side - Goraswadi Road & Dattamandir Road, South Side - Chincholi Bunder Road and Gen. Vaidya Marg, East Side – Kurar Village West Side – Manori – Madh.

Area and Divisions of Ward

The Ward covers an area of 19.13 square kilometres. The ward has industrial estates at N.L. Road, Katch Pada Road, Valnai, Liberty Garden in West, Jitendra Road and Khotkuma Road in east.

The approximate population of the ward is 5,61,938 with an additional day-time floating population of 1,00,000. The Ward is under the jurisdiction of D.C.P, Zone IX. There is a Fire Brigade Station at Malvani, Marve Road. There is a western Railway Stations at Malad and BEST bus depot at Malvani. The office of Civil Defence located at Marve (I.N.S. Hamala). The ward comes under Malad telephone exchange.

Proposed Developments

Under the BMC development plan the proposed developments are market, school, and Hospital.

Under the MMRDA development plan the proposed developments are at Malvani.

In addition, infrastructure projects (flyovers, ROB, road widening, sewer and water supply) being taken up/to be taken up in the ward include sewer connection project at Malvani, Jankalyan Nagar.

The major private development projects (industrial / housing complex, recreational complex) in the ward are Asmita Construction, Bafihira Nagar and Raheja Township.

Mindspace, a posh office cum residential locality has become a hub of call centres and the service industry as more business is moving towards the suburbian Mumbai. Some major call centers in the Mindspace area are Convergys, Intelenet, 3G (3 Global Services), Sutherland, Epi Centre, JP Morgan, EDS, E-serve, E-funds, ICICI one source, OTIS etc. Investment banks like Morgan Stanley & Merrill Lynch too have their offices in Mindspace.

Excellent infrastructure, green surroundings, good connectivity, and a wide range of properties make the Andheri-Malad belt a popular option

The western suburbs - Andheri, Jogeshwari, Goregaon and Malad - have always been a centre of attraction , be it for its verdant patch of the Film City in Goregaon or the mushrooming film studios in Andheri or the commercial spaces of Andheri and Malad. The advantage of these suburbs is theirconnectivity to any part of the city through rail and roadways, and the lifestyles that they offer thanks to premium properties, swank malls and multiplexes.

Easy accessibility to the western expressway and link roads like Vikhroli - Jogeshwari Link Road, Goregaon - Mulund link road etc. with MUIP’s (Mumbai Urban Infrastructure Project) plan to start metro link (Ghatkopar to Versova, Charkop to Colaba) also give this area a bright future.

Anuj Puri of Trammell Crow Meghraj says, “Andheri, Jogeshwari , Goregaon and Malad areas are well developed with respect to roads, infrastructure, water supply etc. With the Jogeshwari-Vikhroli Link road project, these suburbs will have easy accessibility to the eastern suburbs” .

He continues, “Secondary business districts such as Malad are being preferred by corporates in the IT and ITES sector, who demand quality construction, larger floor plates and lower rentals.” Properties in secondary business districts, he adds, meet all these requirements and have the advantage of proximity to residential areas. Premium properties are greatly in demand, with buyers looking for spacious interiors, and amenities that offer luxurious lifestyles. Also, the quality being offered in these locations plays a major role in attracting high net worth individuals.

The entry of several leading developers who have invested in this belt has led to the changing profile of these suburbs. Among the prominent developers who offer premium homes with excellent amenities are Keystone Group (Rustomjee), Royal Palms Pvt. Ltd, Gundecha

Builders, Evershine Builders, K. Raheja Constructions, K. Raheja Corp, K. Raheja Universal, Mayfair Housing , Kalpataru Constructions, Akruti Nirman Ltd, B.Raheja Builders, R.N.A Builders (AA), Lokhandwala Constructions, Dynamix Group, Oberoi Constructions , Sheth Builders, ACME group, Atul Builders, Mittal Builders, Bhoomi Group, Mahindra Gesco, and Wadhwa Developers (Vijay Associates).

Kaizad Hateria, G.M - Sales and Marketing, Keystone Group (Rustomjee ) opines, “An excellent location , the surrounding captive catchment area, a ready market of buyers, and availability of organised shopping under one roof are among the reasons why the suburb is gaining popularity .He adds, “The population has considerably increased in size and density . New malls and residential projects in surrounding areas are fuelling this growth” .

Keystone Group (Rustomjee) have launched their Rustomjee Adarsh Excellency and Rustomjee Riveria and Rustomjee’s O-zone project. The O-zone project at Goregaon (W) offers 2 BHK (1,045 sq. ft), 2 ½ BHK (1,260 sq. ft), 3 BHK (1,480 sq. ft) with amenities like a clubhouse, jogging track, amphitheatre, gazebo, and a children’s safe play zone. Rustomjee Adarsh Excellency at Malad (W) offers 2 BHK (1,130 sq. ft), 3 BHK (1,485 sq. ft) with amenities like a health club with party area.

Rustomjee Riveria ‘D’ wing is their other project at Malad west, which offers 2 BHK (1,005 sq. ft), 3 BHK (1,330 sq. ft) with amenities like a clubhouse with gym and indoor games court, swimming pool and landscaped garden. Eric Fernandes is a resident of Evershine Nagar at Malad West. After having lived in Andheri for several years, the family moved to Malad. He says, “When we shifted here, Malad was a marshy area, but now, it is synonymous with swanky malls and as a hub for call centres. Moreover, it offers better educational facilities with improving infrastructure.”

What once was a quiet suburbun area to stay with in reasonable prices has become most crowded guess what it is all thanks to the malls and the theatre and at least 25.00Lacs sq.ft of commercial space rented out to MNCs like JP Morgan, Morgan Stanley, IBM, E Serve, Toyota, Orange, BPL etc. Most of the young 20+ out of the colleges

are doing fresher jobs in call centres and having to taste the american and the english accents. This area has seen the quickest climb in the real estate prices.

Existing Residential Landmarks Projects

1. Evershine Grandeur

Location: Link road, Malad(west), near tangent showroom.Builders: Evershine Builders Private LimitedStatistics: 1 building of 10 floors having 2BHK of 1110 sq.ft, 3BHK of 1470 sq.ft. and 4BHK of 3230 sq.ft.Amenities: Swimming pool, health club, ample car parking space in basement, air conditioned entrance lobby, video door phone, luxuriously designed toilets with exclusive fittings, modular kitchen, intercom connection, landscape garden. 2. Dheeraj Jamuna

Location: Dheeraj Jamuna, Chincholi Bunder Road, Off. Link Road, Malad (W), Mumbai- 400 064.Builders: Dheeraj Consultancy Pvt. Ltd.Statistics: 1building of 14 storeys with 5 wings having 1BHK of  595 sq. ft, 2BHK of 875 sq. ft and with 4 flats per floor.     Amenities: Marbonite Flooring, Powder coated-heavy section , windows with tinted glass and marble sill, Electric Switches with automatic circuit breakers with, Intercom Security system, Complementary telephone connection, P.O.P. on walls & ceiling with paint finish. 3. Dheeraj Saraswati

Location: Dheeraj Saraswati, Chincholi Bunder Road, Off. Link Road, Malad (W), Mumbai- 400 064.Builders: Dheeraj Consultancy Pvt. Ltd.Statistics: 1 building with 3 wings of 8 storeys having 2BHK of 670 sq. ft. and with 4 flats per floor    Amenities: Marbonite Flooring, Powder coated-heavy section, windows with tinted glass and marble sill, Intercom Security system, Complementary telephone connection, P.O.P. on walls & ceiling with paint finish.

4. Dheeraj Godavari

Location: Dheeraj Godavari, Chincholi Bunder Road, Off. Link Road, Malad (W), Mumbai- 400 064.Builder: Dheeraj Consultancy Pvt. Ltd.Statistics: 1 building with 3 wings of 8 storeys having 1BHK of 595 sq. ft. and 2BHK of 820 sq. ft. and with 4 flats per floor.  Amenities: Marbonite Flooring, Powder coated-heavy section, windows with tinted glass and marble sill, Intercom Security system, Complementary telephone connection, P.O.P. on walls & ceiling with paint finish. 5. Divya Smruti

Location: opp Toyota showroom, Malad (W)Builder: Divya DevelopmentsStatistics: 1 bldg 2 wings 7, 8 storeys 3, 6 flats per floor 2BHK of 850-890 sq.ft.Status: under con June 2005Amenities: All basic amenities

6. Shiv Shakti

Location: Shiv Shakti, Chincholi Rd, Malad West, Mumbai- 400064Builders: Soni & AssociatesStatistics: One building of three wings of seven storied with four flats per floor. C wing has 3BHK of 1100 and 1175 sq ft. A & B wings are sold out.Amenities: Marbonite flooring, concealed wiring, gas line, garden 7. Shiv Ganga    

Location: Shiv Ganga, Chincholi Rd, Malad West, Mumbai- 400064Builder: Shelter Statistics: two buildings of seven storied with four flats per floor. A and B wing having 2BHK of 910 sq ft Amenities: Marbonite flooring, concealed wring, OHS lift, gas line, garden

8. Palm Court

Location: Palm Court, New Link Rd, Malad West, Mumbai- 400064Builder: K. Raheja Constructions Statistics: total twelve buildings of seven to ten storied with four flats per floor having 2BHK of 865 sq ft and 3BHK of 1200 sq ft Amenities: Granamite flooring, modern club with swimming pool, gymnasium and squash courts etc. ceramic tiles in kitchen and toilet, good quality plumbing fixtures, concealed copper wiring.Status: seven to eight buildings are ready and rest are under construction

Amenities

Theatres• New Era Talkies: Vivekananda Rd, Malad • Movie Time :Evershine Nagar, Link Rd, Opp Kachpada

Schools• Carmel St. Joseph High School, Orlem Marve Rd, Malad West, Land Mark- IOB Bank

• Holy Angela High School, Near, 6 No. Bus Stop, Malwani, Malad West

• Queen Mary High School Nilkhand Rd, Ram Chandra lane Ext, Evershine Nagar, Malad West.

• STS Mission High School: Rd. No.1 Liberty Garden, Malad West,

• Scholars Academy School: Chincholi Phatak, Malad West,

Colleges• NK College of Commerce: Vadran Nagar, SV Rd, Malad West, Landmark- in NS High School campus • Atharva Technical College:

Hospitals• Diamond Hospital:

Linking Rd, Evershine Nagar, Malad West, Land Mark- Near Landmark Hotel

• BET Hospital: Neptune Building, Mith Chowky, Marve Rd, Malad West Landmark- ahead of Marve Link Rd Junction  

• Adarsh Hospital: Vinakshi Apartments, C wing, 1st floor, Marve Rd, Orlen Circle, Ma,lad West

Medical & general Stores• Amrit Medico- • New Era Medical & General Stores- (Shop)

Real Estate Scenario of Malad

Location Jogeshwari – Borivali Western Belt

Remarks: 35% of Mumbai’s construction of New Projects is on in this belt and owing to cheaper housing loans and full cheque transaction and new buildings, this area has transformed amazingly over the past few years. Hopefully with a wider pot ridden Highway, the commute will be smoother in your NEW Swift…

Past prices 2003-2004 :Rs.1800/- to Rs.3000/- It is difficult to take a decision some times where to buy in an ever changing situation in these areas. But favourites are Malad Link Road, Kandivali East, Gokul Dham Goregaon, Borivali IC Colony and areas nearing to Station.

Present prices 2005 :Rs.2200/- to Rs.4500/- in different areas and locations. A majority of buildings started construction in 2002-3 are getting ready now and hence the true picture is emerging. A lot of New Projects are launched with top of the line modern amenities.

Future projections :

Affordable housing in all areas has given the surge, rates in select areas will rise owing to the MUTP plans of road widening, bridges etc, in the future as well, but there has been a slow and steady growth in

all the areas put together. A lot of top builders are making good quality apartments with clear title properties which is the back bone.

Lease rent :

This is an evergreen area for Co.lease and individual lease and hence the requirement never dry out, 1 BHK can be available for 5000/- and 2 for 7000 and hence for the Junior Exec it is perfect. The leasing returns however, in these areas will be below 3-4%.

Power stations/Electrical installations

There is a receiving station of TEC Power Station at Malvani, Marve Road, There is a power generating station at Malvani, Marve Road.

Water Supply and Sanitation

The ward receives water supply twice a day. The timings are 8 A.M. to 12 midnight

The ward has open wells at 339 locations. There is a solid waste dumping site near pumping station Mith Chowky P/North in the ward.

There are Madh, Marve, Aksa, Malvani Village, Manori settlements not connected by sewer lines.

Landmarks of Malad

Sunder nagarSunder Nagar is a locality in Malad, the oldest township in Bombay. It lies along the west side of Swami Vivekananda Road. The area was built up in the 1970s and is primarily composed of many housing complexes, typically 2 bedroom apartments. There are 2 schools, (Umedbhai Patel English School and S. Radhakrishnan Vidyalaya), 1 college (Prahldrai Dalmia's Lions College) and a large garden in the limited area. The housing blocks are typically named alphabetically starting from A upto V. It borders Mandlik Nagar on the North and some defunct factories on the south.

In orbit mall

Housed in Inorbit Mall - one of Asia's largest malls, Fame Malad is a multiplex spread across 55,000 sq. ft. and is the largest multiplex in the western suburbs. It is also, technically the most advanced Cineplex in India - comparable to the best in the world.

Link Road

Other Landmarks:S V RoadGoregaon Sports clubBangaru nagarMovietime theatre

Recommendation:

1. No of Floors- Maximum G+92. No of flats per floor: max 4 to 53. Configuration: max 2 & ½ BHK4. Space for open parking