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Malad-Goregaon Corridor Booms as Mumbai’s Real Estate Growth Engine

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Malad-Goregaon Corridor Booms as Mumbai’s Real Estate Growth Engine

The Malad-Goregaon corridor in Mumbai is swiftly transforming into one of the city’s most attractive real estate investment zones, powered by rapid infrastructure development, excellent connectivity, and growing demand from homebuyers and investors alike. According to recent data from Knight Frank India, Mumbai’s western and central suburbs accounted for 88% of total property registrations in June 2025, with the western belt alone contributing 57%—a clear sign of the region’s rising prominence.

Nestled between the prime locations of Andheri and Borivali, the Malad-Goregaon stretch offers a unique blend of upscale residential developments, thriving commercial centres, and seamless access to major business hubs. A significant micro-market within this belt is Jawahar Nagar in Goregaon West, which is seeing increasing demand from aspirational homebuyers.

Dhruman Shah, Promoter of Ariha Group, shared, “Jawahar Nagar has evolved into a premium market that perfectly combines location, lifestyle, and liveability. We’re committed to delivering luxury that’s accessible to more people, not just the privileged few.”

The corridor is attracting a diverse mix of buyers — from salaried professionals to business families — driven by the post-pandemic shift toward larger living spaces, improved amenities, and a better quality of life. Proximity to IT parks like Mindspace and NESCO, along with high-end schools, malls, and hospitals, adds to the area’s appeal.

Nihar Thakkar, Founder of The Mandate House Pvt. Ltd., said, “Homebuyers today want value for money without compromising on lifestyle or location. Malad and Goregaon deliver exactly that, with great infrastructure and liveability.”

Over the past five years, property prices in the Malad-Goregaon belt have grown steadily by 8% to 10% annually. Nearly 45% of buyers in the area belong to upper-middle and high-income groups, with a return on investment projected at 10% to 12% per year. The region also offers strong rental yields, making it ideal for long-term investment.

The Western Express Highway (WEH) plays a pivotal role in enhancing connectivity, offering swift north-south travel across Mumbai.

Umesh Jandial, CBO of a leading realty firm, remarked, “Projects along the WEH are highly sought after, thanks to unmatched accessibility to BKC, the airport, and Metro links.”

Shraddha Kedia-Agarwal, Director at Transcon Developers, added, “Buyers today seek more than space—they want wellness, sustainability, and community living. Malad West is fast emerging as a centre for such lifestyle-driven projects.”

With ongoing infrastructure projects like Metro Lines 2A and 7, and a continued focus on quality living, the Malad-Goregaon corridor is well on its way to becoming Mumbai’s next real estate powerhouse.