Latest Answer: The real estate market is growing in this area because Malad has excellent social amenities due to its proximity to upscale neighbourhood such as Goregaon and Kandivali. The excellent social infrastructure is also as a result the area becoming an upcoming IT hub. The area has several educational institutions. Some of the oldest ones are Fatimadevi English School (Malad east) and Prahladrai Dalmia Lions College of Commerce and Economics. There is also a Billabong High International School here. There are at least seven malls in Malad. There are also several banks and religious places of worship in the area.
