There are quite a few micro markets in Mumbai realty which are making their presence felt in recent times. Matunga is one of these fast growing residential hotspots that have benefited from fast infrastructural progress over the years. What works in Matunga’s favour is its highly strategic and central location which puts it in close proximity to the western, central and harbour suburbs of the city. Nearby areas include Wadala in the East and Dadar in the South along with North Mumbai’s Sion-Dharavi zone and the north western locality of Mahim. GTB Nagar is also located to the north-east from Matunga.
This makes it a highly sought after commercial cum residential micro market in Mumbai at present. Matunga is a highly cosmopolitan locality and is home to people from various cultures and this multicultural effect can be seen through its colourful festivals and eateries round the year. Matunga still remains a charming location and is a quaint place to live for families. Matunga also offers ample scope for development in the future. Matunga is well connected to the Central and Western zones through road and railway networks and this makes it a hotbed for real estate development as per experts.
Matunga is also well linked to the commercial zones of BKC and Lower Parel and reputed educational institutions. The Mumbai Regional Transport Scheme and other infrastructural initiatives make it a great place to reside in. Matunga is home to several luxury residential projects helmed by top real estate developers like the Wadhwa Group and Kalpataru among others. Prices usually range between 2.25-20 crore depending on the project and amenities offered.
Connectivity USPs
Matunga is well connected to several areas due to its central location. It is well connected to major business zones like Lower Parel and also the Bandra Kurla Complex (BKC) along with Worli and Prabhadevi. It is also well connected to major educational institutions, shopping malls, entertainment and recreational zones and parks. Matunga is also well linked to places like Andheri and Nariman Point. The Eastern Express Highway and Western Express Highway are both accessible from the locality along with several major roads.
Matunga will also benefit from upcoming infrastructural projects like the Coastal Road, expansion of the Mumbai Metro network, monorail network and Mumbai Trans-Harbour Link. The Eastern Express Highway links Matunga to areas in south Mumbai while other areas are connected through the SV Road and Bandra-Dahisar Link Road. The widening of the Western Express Highway will also benefit residents of Matunga since it will ensure faster commutes to several parts of the city.
The Asalpha, Ghatkopar and Jagruti Nagar metro stations on the Versova-Andheri-Ghatkopar line are easily accessible from Matunga while the CST Terminus is approximately 35-40 minutes away from the locality. The International Airport is only 9.6 kilometres away from the area and can be accessed via the Western Express Highway. Matunga also has its own railway station on the Central Line. The Santacruz-Chembur Link Road can be accessed within 10 kilometres while the Bandra-Worli Sea Link is only 8 kilometres away from the area.
Social Infrastructure
Matunga benefits from easy accessibility to abundant social infrastructure for residents. Here’s looking at the key social amenities in and around the area.
Educational Institutions:
- Don Bosco
- Bombay Scottish School
- Indian Education Society
- South Indian Education Society
- DG Ruparel College
- RA Podar College
- Ramnarain Ruia College
- Kirti College
- Guru Nanak Khalsa
- MET College
- SNDT
- Veer Jijamata Technical Institute for Chemical Engineering
- Welingkar Institute for MBA
Hospitals:
- D. Hinduja
- Sion Hospital
- Raheja Hospital
- Lilavati Hospital
- Shushrusha Hospital
- Asian Heart Hospital
- KJ Somaiya
Recreation:
- Dadar Club
- Matunga Gymkhana
- Shivaji Park Gymkhana
- MIG Club
- Mahalaxmi Racecourse
- Mahatma Gandhi Swimming Pool
- NSCI Club
- Matunga Cultural Centre
- INOX Nakshatra Mall
- Star City Theatre
- Carnival IMAX
- Chitra Cinema
- PVR
- Adlabs
- Shanmukhananda Hall
Shopping:
- Palladium Mall
- Atria Mall
- High Street Phoenix Mall
- Hindmata Market
- Mahatma Gandhi Market
- King’s Circle
Eateries:
- Koolars Café
- Madras Café
- Rangoli
- Spring Onion
- Café Mysore
- Ahar Restaurant
- Classic
- Pizza Kitchen by 1 Tablespoon
- Rama Nayak’s Udipi Idli House
- Café Gulshan
Nightlife:
- Vivek Bar & Restaurant
- Trilok Family Restaurant & Bar
- Sunder Vilas
- Ashray Bar & Restaurant
- New Punjab Restaurant & Bar
- Re-Union Bar & Kitchen
- Royal Bar and Restaurant
- The Beer Café
- Brewbot Taproom
- The Bar Stock Exchange
- AB The Dining Bar
- Fredericks Lounge
- Dublin
All in all, Matunga makes for a good residential destination offering excellent social infrastructure and connectivity options to residents. Matunga will also benefit in the future from several planned infrastructural initiatives as mentioned earlier. This will boost connectivity while raising prices even further. The locality will continue to be a preferred residential location for buyers in Mumbai. Those working in Andheri, Worli, Nariman Point, Lower Parel and BKC will undoubtedly find the area attractive for housing purposes, particularly due to the social amenities on offer nearby.
