4 Reasons Why Kandivali is the Best Micro Market to Invest in Real Estate?
The real estate industry is a significant contributor to the Indian economy, and several micro-markets have emerged in metropolitan cities, such as the Mumbai Metropolitan Region. And homebuyers seeking property investments in these areas should have a look at the flats for sale in Kandivali East.
Kandivali has transformed into a highly desirable suburban residential area over the years and is projected for continuous growth in the coming years as well. This is due to a number of factors, including multi-modal connectivity, a well-developed social infrastructure, and the availability of quality and affordable residential properties. As a result, Kandivali has emerged as a sought-after micro-market for the real estate sector in Mumbai, offering a unique blend of convenience, comfort, and luxury to residents.
Amazing Connectivity
Kandivali boasts excellent connectivity to the rest of Mumbai through the Western Express Highway, enabling smooth travel to and from the area. Additionally, Kandivali is convenientlylocated within a 30-minute drive to the airport, and the Borivali railway station is just a stone’s throw away, making transportation in and out of the area a breeze.
In fact, Kandivali railway station is one of the busiest stops along the route, demonstrating the high level of activity in the area. With top-notch connectivity infrastructure, Kandivali’s residents can easily travel to different parts of the Mumbai Metropolitan Region (MMR) without hassle. This easy access to transportation also opens up a wide range of employment opportunities with esteemed companies in the area, thanks to Mumbai’s thriving corporate sector.
Superior Civic Infrastructure
In addition to its excellent connectivity, Kandivali also offers great civic infrastructure. With a range of schools, hospitals, malls, multiplexes, clubs, and other social amenities, residents can enjoy a comprehensive array of services, helping them lead a vibrant and fulfilling lifestyle. These features meet the needs of most homebuyers, making Kandivali an increasingly popular housing destination. Consequently, the area has seen a surge in the number of housing projects, catering to the high demand for residential units in Kandivali.
Industrial Hub
Kandivali has earned a reputation as a significant industrial hub in the region, hosting several key industrial establishments. Among them are the Akurli Industrial Estate, Kandivali (Charkop) Industrial Estate, Gundecha Industrial Estate, Balaji Industrial Estate, and Jai Bonanza Industrial Estate, all offering exceptional employment opportunities for job-seekers in the area.
Better Lifestyle
Kandivali’s convenient location provides easy access to several prominent commercial establishments, such as the BandraKurla Complex (BKC), NESCO in Goregaon East, and Andheri’s expanding commercial hub. This accessibility is a significant factor that makes Kandivali an ideal location for potential homebuyers looking for properties that offer both residential and commercial benefits.
Furthermore, Kandivali’s growing popularity is also attributed to the numerous upcoming real estate projects in the area. These projects are designed to cater to the discerning modern lifestyle, offering state-of-the-art finishes and amenities such as gymnasiums, swimming pools, landscaped gardens, clubhouses, and more. The abundance of such facilities attracts more people to invest in properties in Kandivali and its surrounding areas.
Moreover, Godrej Properties, a leading real estate developer in India, has set its sights on launching new projects worth ₹15,000 crores in the upcoming fiscal year of 2023. This will further cater to the growing demand for quality homes and commercial spaces.
Conclusion
Kandivali’s growth and transformation will persist in the years to come, positioning it as an ideal investment opportunity and a convenient place to live. Numerous renowned builders have already shown interest in developing premium residential and commercial units in the area. With the planned coastal road from South Mumbai to Kandivali that is expected to be completed by November 2023, both buyers and developers can expect significant changes in the area’s real estate development. So, if you plan to invest in real estate in Mumbai, it might be a great idea to have a look at the flats for sale in Kandivali East.
