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Mukund Nagar, mumbai

Central Mumbai

Pincode- 400071

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About Mukund Nagar

Mukund Nagar is located in the eastern suburbs of Mumbai. It is situated near Kurla railway station in Kurla West. Mukund Nagar's PIN code is 400059, and it is well-connected to major localities like Bandra, Andheri, and Vikhroli. It is close to the Eastern Express Highway and it has easy access to the business hubs and commercial centers in Lower Parel, Bandra Kurla Complex, and Santacruz. The locality offers residential apartments and houses with amenities like schools, hospitals, shopping areas, and parks within proximity. 

Mukund Nagar Mumbai is a residential locality situated in east Mumbai. Developed in the 1970s, it has evolved from a quiet suburb into a thriving community. The area was primarily agricultural land until a few developers saw its potential location—conveniently near vital arterial roads like the Eastern Express Highway. Over the past few decades, as more infrastructure like schools and hospitals emerged, Mukund Nagar became an attractive residential option for middle-income home buyers. It continues to be a popular housing destination due to its affordability and connectivity to the rest of the city.

Mukund Nagar is home to many young professionals, families, and retirees. Its central location has made it a magnet for those working in nearby commercial areas. Residents enjoy a relatively affordable middle-class lifestyle here. Housing societies organize regular community events where residents socialize. The locality has a vibrant culture thanks to its diversity - from festivals like Ganesh Chaturthi to casual match-viewing gatherings. 

Physical Infrastructure in Mukund Nagar

Mukund Nagar's infrastructure is well connected via transportation and road networks. The location is well served by the Mumbai Metro Line that connects it to the city's primary business and commercial areas. It is situated just off the Eastern Express Highway, one of Mumbai's major north-south arterial roads. It provides quick access to domestic and international airports. The Mumbai Trans-Harbour Link and Eastern Freeway also encircled the area, which aided in faster commutes. There are multiple flyovers and link roads within the vicinity for local transportation. 

Social and Retail Infrastructure in Mukund Nagar

Mukund Nagar is well served in social infrastructure, with options for education and healthcare. As per Mukund Nagar Map, some of the notable schools in the area include Narayana Modern Children Academy, Jivan Jyot English Medium School and Serra International Preschool. Residents can also easily access colleges like Expert Group Tuitions, Neha Ma'am's National Pharmacy Academy, and Sun Pharmacy Academy. Nanavati Super Speciality Hospital and Sushruta Multi Speciality Hospital are nearby for healthcare. Lifestyle International and R-City Malls are major retail destinations nearby, providing residents with a wide range of shopping and entertainment options under one roof. Additionally, there is a police station and a fire station nearby, ensuring the safety of residents. Several nationalized and private banks have opened branches in the vicinity to cater to the financial needs of the area.

Real Estate Market Trends and Rental Demand

The housing Mukund Nagar Property Rates have seen an upward trend over the last few years owing to significantly improved physical, social, and retail infrastructure development in the vicinity. Well designed apartments and properties and a Mukund Nagar Property Price of ₹4,000 per square foot are attracting buyers. This upward pricing movement has, in turn, fuelled the rental demand from tenants for residential properties in this location. Landlords can demand monthly rentals in the range of ₹25,000-₹35,000 for 1BHK and ₹40,000-₹65,000 for 2BHK apartments due to their proximity to social infrastructure and connectivity to prominent parts of the city.

Top Employment Hub in or Nearby

Mukund Nagar is located near some of the major employment hubs of Mumbai. Some of these employment hubs near Mukund Nagar are- 

  • Bandra Kurla Complex (BKC) – 11.5 Km 
  • Pinnacle Business Park – 2 Km
  • Synergy Business Park - 9 km
  • Kohinoor Business Park - 5 km

Famous Sub-Localities near Mukund Nagar

Mukund Nagar has several well established residential sub-localities. Some of the famous landmarks in Mukund Nagar are- 

  • Indra Nagar 
  • DSK Chandradeep 
  • Madhu Mangesh Society

These localities have emerged over time and offer independent housing options across different budgets. Residential properties in these pockets match the overall pricing trend seen in Mukund Nagar. For shopping you can visit Brand Factory Mall which is 20 Km from the locality. For medical aid, Ranka Hospital and other clinics and dispensaries can be found there.

Top Things to Do

With its proximity to major city landmarks and recreational spaces, residents of Mukund Nagar always have things to do in their leisure time. Some of the top things to do in Mukund Nagar include:

  • Essel World & Water Kingdom is one of Mumbai's largest amusement parks within 10 km, offering world-class rides and water games.
  • City Mall is a popular shopping, dining, and entertainment destination, housing international brands and a cinema.
  • Piramal Vaikunth is a luxurious crematorium and memorial park spread over 50 acres. It is a serene place for walks.
  • Goregaon Sports Club is one of Mumbai's most prominent sports facilities, with football grounds, a gym, a swimming pool, and courts.
  • Aarey Milk Colony is a vast green cover amidst the city, with walking and cycling trails ideal for unwinding.

Conclusion 

With its strategic location, comprehensive infrastructure, and social amenities, Mukund Nagar has established itself as one of Mumbai's preferred destinations for end users and investors. The micro-market offers an excellent blend of value and appreciation potential.

Given Its Connectivity to Major city hubs, Mukund Nagar offers Residents a Comprehensive living Experience within a Short Drive. Some key Advantages include:

  • Proximity to employment centers like BKC and Lower Parel for jobs.
  • Access to malls, markets, and hospitals at R-City and surrounding areas.
  • Social and recreational infrastructure like Essel World and RCity Mall.
  • Upcoming infrastructure projects that will enhance connectivity.
  • Established residential as well as rental markets.
  • Appreciating property prices and good investment potential.

While Mukund Nagar offers Considerable Benefits, a few Aspects Could still be Enhanced for Residents:

  • Traffic congestion during peak hours on main roads needs addressing.
  • Limited open or green spaces within the immediate vicinity.
  • Scarcity of quality budget housing options for buyers.
  • Lack of large modern supermarkets and wholesale markets.
  • Underdeveloped nightlife and entertainment options locally.
  • There is an absence of designated food or shopping streets in the area.
  • Need for more parking spaces for growing vehicular traffic.

Mukund Nagar Reviews and Ratings

3.1

Food

3.1 out of 5

3.2

Parks

3.2 out of 5

3.6

Roads

3.6 out of 5

3.7

Safety

3.7 out of 5

3.5

Markets

3.5 out of 5

3.5

Parking

3.5 out of 5

3.7

Schools

3.7 out of 5

3.4

Traffic

3.4 out of 5

4.1

Hospitals

4.1 out of 5

3.6

Transport

3.6 out of 5

3.7

Cleanliness

3.7 out of 5

3.6

Neighborhood

3.6 out of 5

Zaveri Bazar is a very crowded and noisy place. Not ideal for permanent living. lanes are narrow and there's constant honking and traffic.

I lived here for abour 6 months and moved out. although it's affordable, i did not find it safe. there are small flats but no good gated societies with security. even police presence is low

Zaveri Bazar is more of a commercial locality than residential. Even then, there are many families living here. My workplace is nearby so i chose to rent a small flat here. its very cheap and works fine for now.

There is space constraint here. roads are jam packed often and many rental flats are in mixed use buildings or above shops. lifestyle options is limited. it's ideal for traders and wholesale marketers looking to buy commercial space

It's a very busy and polluted area but can work for people in businesses or looking for commercial investment.

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Mukund Nagar Map

Localities near by Mukund Nagar

Nearby Locality Comparison

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Press Bazar
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Chatrapati Shivaji Nagar
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Mukund Nagar
Overall Locality Rating
4
Road Condition
3.7
Proximity to Schools & Hospitals
4
Traffic Congestion
3.5
Property Price Range N/A
Growth in Property Prices (3 Yrs) N/A
Rent Price Range N/A
Growth in Rent Prices (3 Yrs) N/A
Total Properties Available 35 properties available for sale and 7 properties available for rent
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Situated In Central Mumbai

Property Price trends in Mukund Nagar

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35 Properties Available

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7 Properties Available

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Recommended Properties to BUY in Mukund Nagar

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1 BHK

FULLY FURNISHED

location Created with Sketch Beta. Sadhubella School, Shop No 8, Bhagwan Palace, near sadhubella High school, Mukund Nagar, Ulhasnagar, Maharashtra 421001, India, mumbai

Price: ₹ 16lac

image

1 BHK

SEMI FURNISHED

location Created with Sketch Beta. Independent House, Near Sadhubella Girls High School Opp :- Jai Mahadev Apartment / Shiv Sai Mandir BK no. 137/B Room No. 09, Ulhasnagar 1, mumbai

Price: ₹ 32lac

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2 BHK

NOT FURNISHED

location Created with Sketch Beta. dholuram darbar, Dholuram Darbar, mumbai

Price: ₹ 25lac

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1 RK

NOT FURNISHED

location Created with Sketch Beta. near Maharashtra mitra mandal school, Mukund Nagar, mumbai

Price: ₹ 22lac

image

2 BHK

SEMI FURNISHED

location Created with Sketch Beta. Jhulelal Mandir Rd, near ses girls school, Zaveri Bazar, Mukund Nagar, Ulhasnagar, Near - SES Primary Girls School, Ulhasnagar,, mumbai

Price: ₹ 22lac

Mukund Nagar Discussion

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Frequently asked Questions

What is the average price of properties in Mukund Nagar?

The average price of properties in Mukund Nagar is Rs. 4000 per square foot for apartments. It may vary depending on the location within Mukund Nagar, building age, floor, specifications, etc. Price of 1BHK flat ranges between Rs. ₹66.79 L – 1 Cr and 2BHK may cost between Rs. 1-1.5 Cr lakh.

What are the preferred budget ranges for buyers?

Considering the average household budgets, the preferred price ranges for Mukund Nagar properties are:
Below Rs 1 Cr lakh: 1 BHK apartments
Rs. 1 Cr-1.5 Cr: Entry level 2 BHK units
Above Rs. 1.5 Cr: Luxury units with high-end amenities

How is the rental yield in Mukund Nagar?

Mukund Nagar provides good rental yields ranging from 2-3% of the capital value per annum. For example, the monthly rent of a 1BHK would be around Rs. 30,000-35,000. And 3BHK may fetch a rental of Rs. 60,000 per month.

What are the major connectivity options?

Mukund Nagar has excellent connectivity via the Eastern Express Highway and the upcoming Mumbai Trans-Harbour Link. It is also served by metro lines to various key locations. Major junctions like Kandivali, Malad, and Borivali can be reached within 10-15 minutes.

What documents are required for purchase?

The standard documents required for purchasing properties in Mukund Nagar include a PAN card, address proof, income proof like Form 16, passport-size photos, and payment through lawful means. An agreement for sale, sale deed, and possession letter are executed with the developer.

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Mukund Nagar Reviews

Zaveri Bazar is a very crowded and noisy place. Not ideal for permanent living. lanes are narrow and there's constant honking and traffic.

I lived here for abour 6 months and moved out. although it's affordable, i did not find it safe. there are small flats but no good gated societies with security. even police presence is low

Zaveri Bazar is more of a commercial locality than residential. Even then, there are many families living here. My workplace is nearby so i chose to rent a small flat here. its very cheap and works fine for now.

There is space constraint here. roads are jam packed often and many rental flats are in mixed use buildings or above shops. lifestyle options is limited. it's ideal for traders and wholesale marketers looking to buy commercial space

It's a very busy and polluted area but can work for people in businesses or looking for commercial investment.

Start new discussion

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