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Why Is Matunga Turning Into A Real Estate Investment Hotspot?

By LODHA

March 03, 2023

Mumbai's real estate industry has flourished with every passing year. Matunga being one of the sought-after residential areas has always been popular with homebuyers owing to green cover, prominent educational institutes, unique culture, connectivity and so on. With the city's rampantly changing real estate landscape, the older residential buildings in Matunga are now paving way for newer housing developments offering better lifestyle amenities

There is no shortage of flats for sale in Matunga, as consumers want to live healthier and fuller lives. Residents of Matunga also have easy access to Mumbai's Eastern, Western, and Harbour suburbs, which is why it is a great choice for people looking for charm with connectivity. India's top real estate developers like Lodha launched their first project in Matunga- Lodha Divino is the most luxurious private estate.

If you want to make your dream home come to life, here's why you should do it in Matunga - 

Reasons Why Residential Projects In Matunga Are Gaining Popularity

1. Ideal Spot For Buying House

Matunga has a rich history and is home to some of Mumbai's most famous educational institutes, eateries, stores, recreational and ample green spaces/gardens. A diverse range of people is represented in the area, which also has some of the city's most coveted local foods and festivals. Residents of the area are immersed in various cultures all at once all throughout the year and usually prefer a cosmopolitan lifestyle. If you want to bring these global sensibilities to your home, choose new residential projects in Matunga like Lodha Divino, which have been designed to enable productivity, creativity, and better health. With sea views on one side and rail connectivity on the other, you can truly have it all with a flat in Matunga's Lodha Divino.

2. Opportunity For Real Estate Investment

Whether you are looking for a 2 BHK or a 3 BHK in Matunga, this area is a great pick for new as well as seasoned real estate investors. This part of the city is very close to Mumbai's most notable educational institutions, hospitals, recreation and sports zones, eateries, and more. This means that Matunga real estate will always be a hotspot for residential developers as well as homebuyers. Apartments here are also more affordable than in South Mumbai and the Western Suburbs, making it a prime residential destination. Whether you've moved to the city for work or want to elevate your lifestyle, an apartment in Matunga can make your life easier.

3. Connectivity To Important Areas In The City

People with flats in Matunga have the benefit of easy intracity connectivity. Located in the central suburbs of Mumbai, Matunga is connected to every part of the city, from the entertainment areas like Andheri and Worli to business hubs like Bandra Kurla Complex and Lower Parel. These economic centres are only 15 and 20-minute drives away from Lodha Matunga. 

The area is also surrounded by Dadar, Mahim, and Wadala, and is accessible by both road and rail. When it comes to road connectivity, apartments in Matunga can be accessed via the Western and Eastern and Eastern Express Highways. Lodha Matunga is only minutes away from Matunga Railway station and will benefit from ongoing infrastructure projects like the Mumbai Metro and the monorail.

4. Great Residential Project Options

Matunga hosts some of the city's most coveted real estate developments, including Lodha Divino. If you are looking for a luxury 4, 3, or 2 BHK in Matunga, Lodha's 10-acre residential oasis is the right pick for you. From the outdoor cinema and large multipurpose lawn to the experiential promenade, sports facilities, party zones, and play zones for children, you can transform your lifestyle with Lodha's expansive list of amenities.

Living in Matunga gives homeowners the ability to enjoy a superior quality of life. Its central location and connectivity to Mumbai's cultural and business areas make it the ideal choice for anyone living in the city. Be it the world-class amenities or the unparalleled service and quality, this residential property in Matunga has it all.

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