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Matunga - An uber-ethnic hidden jewel of Mumbai's real estate market

Saturday, March 23, 2019

Matunga sits atop 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. From temples to silk to – but of course – the land of mighty dosa, Matunga is a microcosm of South India. 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 all factors make Matunga an ideal destination for residential purposes.

Speaking about the advantage of the location, Navin Makhija – 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.”

Matunga is the answer to a peaceful haven amidst the general stress, pollution, and chaos of the fast-paced city. The suburb boasts of all the factors which are imperative while buying a property, namely return on investment, a respectable neighborhood, quality education, ample recreational opportunities and a decent overall quality of life.

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. Commuting to South Mumbai is also very convenient from 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 has to 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.

A shopper's paradise
Matunga’s Gandhi market has been a local’s favorite 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 neighboring areas. Matunga ensures 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.

Rejuvenation
Matunga offers rejuvenation centers 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.

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