Mulund is Called "The Queen of Suburbs" because of some very Posh localities and a number of shopping malls and restaurents.

Mulund was home to several prominent manufacturing establishments. Notable among them are the pharmaceutical companies - Hoechst, Wellcome, Glaxo, Merind and Johnson & Johnson. Engineering companies like Richardson Cruddas, British Oxygen, Chicago Pneumatic, ACC, Agfa & Gabriel are also around. As production shifts out of Mumbai, many of these establishments are making way for modern shopping malls and luxurious apartment complexes altering the landscape and skyline. Johnson and Johnson however continues to remain a landmark in Mulund.

Towards the late 90s this suburb acquired a new hue with winds of globalisation slowly reaching the people here. Old buildings and structures gave way to big bright new malls and cineplexes. This change is most apparent along the L.B.S. Road which today is lined with two major shopping malls, R-Mall and Nirmal Lifestyle; both of which are amongst some of the largest malls in India. Skyscrapers have lined the landscape, replacing old factories. Old tailors and garment cut-piece stores have given way to fashion boutiques.

Though Mulund today has become much more crowded than what it used to be, it is still considered to one of the safest places in Mumbai. The pleasant living conditions and easy access to different parts of the city and its outskirts, have attracted lots of people from South Mumbai. The population of Mulund has shot up to around 8 lakh in 2001 as compared to the 3 lakh in 1991.

The proximity to the Bhandup Water Purification Plant ensures a 24 hour supply of water. Electricity has been a problem though, in the last two years since the onset of load-shedding. Mulund has many regions using Piped Gas for the past five years or more. Flooding hasn't been much of a problem in Mulund as such, but the flooding of neighbouring regions like Bhandup affects people commuting to and from Mulund.

Sambhaji Park in Mulund East is one of the main attractions of this suburb. People of all age groups love to come there to jog, exercise etc. It also has a huge playground where various games like cricket, football , volleyball etc are played.

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