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Why Invest In Residential Property In Kandivali, Mumbai

February 08, 2021 | Silky Malhotra

Why Invest In Residential Property In Kandivali, Mumbai

Kandivali is a fast-developing suburb of Mumbai, which has emerged as one of the best micro-markets for residential real estate investment. The locality has witnessed a burgeoning demand for residential property due to the sound infrastructure. The area's proximity to other developed localities like Malad, Goregaon, Andheri, and Borivali has helped in boosting the demand for real estate demand in the region.

The area has witnessed rapid development in the last two decades, driven by the help of infrastructural reforms and homebuyer-driven demand. The upcoming infrastructural projects in the areas including the metro lines and easy access to the Western Express Highway will prove to be a game-changer for the area and will spike demand further. There has been a surge in new projects as well as commercial developments in the area, which offera contemporary living experience and excellent amenities for home buyers.

The area is well-connected to the rest of the city via the Western Express Highway (WEH), S V Road, and the Link Road. The airport is a 30-minute drive, and the Borivali Railway Station are also close to the locality. The location offers excellent bus connectivity to all parts of the city.

Kandivali also boasts of excellent social infrastructure, with an array of social amenities including leading commercial, business and entertainment hubs available. The locality is replete with several leading schools and hospitals including Ryan International School, Gundecha Education Academy, Bal Bharti High School, Kokilaben Dhirubhai Ambani Hospital, and Apex Hospital. The Raghuleela Mall, Inorbit Mall, Hypercity, Infiniti Mall, and Oberoi Mall are some of the popular recreational and shopping hubs in the area. Due to the availability of good social infrastructure, good connectivity and world-class amenities real estate in Kandivali has witnessed good capital appreciation.

One of the best projects in Kandivali is Shapoorji Pallonji codename Wellness. The project offers 1 BHK, 2 BHK, and 3 BHK apartments ranging from 402 sq. ft. to 980 sq. ft. The premium apartments have all modern amenities including a state-of-the-art clubhouse, a world-class gymnasium, and much more. It has a grand central park, a beautiful yoga and meditation garden, a mini theatre, and much more. The homes are beautifully designed and offer amazing views of the surrounding greens. The price of the property starts at Rs 1 crore. It is an excellent investment opportunity for buyers to own their dream home in Mumbai.

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