Matunga is the oldest and culturally richest area in Mumbai. Known for its calm nature and top-notch infrastructure, Matunga city is the best choice for homebuyers and long term residents.
Its mix of South Indian heritage, art deco-style buildings, and closeness to the business hubs of Mumbai is the perfect residential locality for those who want to live the old tradition and still have the convenience.
Let us dive into the blog to learn about Matunga’s residential hub and culture.
Location Overview
Matunga is located in South-Central Mumbai. It is very close to the central business areas of Lower Parel and Bandra Kurla Complex. It is an enclave adjacent to attractions such as the Five Gardens and Matunga Market.
Being located at the crossroads of major roads, railway stations, and the soon-to-be metro network, Matunga is not only a perfect residential locality but also has great connectivity all over Mumbai.
Connectivity
Matunga boasts excellent connectivity through multiple modes of transport. The closest rail stations ensure better commuting across Mumbai. It provides quick rides across Mumbai via local trains.
The Eastern Express Highway and the Western Express Highway are also accessible from here. The forthcoming Metro Line 3 will enhance connectivity, as it connects the business centres of Nariman Point and Bandra-Kurla Complex in less time.
Community and Lifestyle
Matunga’s appeal emerges from its well-knit community and the variety of cultures. The place boasts a sizeable South Indian community that in turn has led to the rise of the most authentic food joints like Cafe Madras and Mani’s Lunch.
There are also trendy boutique stores and shopping centres like Aurora Shopping Centre scattered around the neighbourhood. The residents can live an ideal mix of old and new cultures in their daily lives right here.
Educational Facilities
Matunga is known as an educational hub. It is home to some of the top academic institutions in Mumbai. The Don Bosco High School and Shishuvan provide primary and secondary education.
Colleges such as R.A. Podar College and VJTI represent higher education. Such institutions turn the locality into a paradise for students.
Infrastructure & Amenities
Matunga is a developed area and upgrades to the urban areas are evident in broad roads and civic amenities. You can also find the best healthcare facilities nearby like Hinduja Hospital and Sion Hospital.
Matunga shines among other localities for its neatness and organised city planning. The area will soon be more comfortable and its properties will be more valuable due to ongoing infrastructure work that includes improved metro connectivity and road widening.
Current Real Estate Scenario
The real estate market in Matunga is very much alive and well with a steady flow of buyers. From the typically Indian heritage homes to mid-rise apartments and even high-end redeveloped complexes, the options are plentiful and varied.
Property prices are high and are mainly determined by proximity to facilities. The area is also witnessing increasing demand for the best residential projects and office spaces.
Investment Opportunities
Matunga, with its great location and strong rental demand from students and working professionals is definitely a good investment choice. Property values increase due to various factors that include ongoing redevelopment projects and improved transport infrastructure.
Investors are likely to get a reasonable return on their investment through rental incomes and capital appreciation over the long term, particularly if their properties are close to King’s Circle or Hindu Colony.
Summary
Matunga is one of the perfect places to live in Mumbai. This is where rich cultural past are beautifully combined with the comforts of a modern metropolis. Being close to many spots and having easy transport, the place has turned out to be the right kind of setup for both families and working individuals.
Matunga is a part of the Dadar-Matunga housing scheme that reflects the lively and varied spirit of Mumbai. It is a combination of traditional South Indian culture and the contemporary way of life. Hence, Matunga is the ideal place to live your dream life!