Property in Kandivali
Kandivali is one of the oldest locations in Mumbai, with many towns and villages on the outskirts of the city. Over the past few years, the region has undergone a significant makeover. The city grew larger towards the suburbs due to rising real estate costs, a shortage of available space, and increased housing demand. The advent of RERA, demonetisation, the GST, and the COVID-19 pandemic have significantly impacted the real estate sector in recent years. But the projects and sales of real estate in Kandivali never saw a downfall. Kandivali has constantly seen a significant build-up in its projects that makes it an admired housing area for home-buyers and investors. There are many reasons why investors want property in Kandivali region:
1- Development in Infrastructure:
Kandivali has an excellent infrastructure with several reputed schools, colleges, malls, and hospitals nearby. The presence of all the basic amenities makes it a desirable location for people to invest in and makes their lifestyle much more comfortable. It has a robust infrastructure with several outstanding upcoming projects on its way, making it admirable for home-seekers.
Kandivali has great rail connectivity. It has the Western Express Highway in the east. A Metro line in the west travels along the Link Road (LR) to Dahanukar Wadi. It is also easily accessible to international and domestic airports. The Mumbai coastline road’s quick construction is another noteworthy development. It will have immediate access to South Mumbai once it is finished. The bus services also connect Kandivali to major localities.
3- Industrial Hub
Kandivali has various well-known industrial facilities that provide effective work options to the residents. Due to the presence of top-notch building materials, cutting-edge lifestyle amenities, and luxurious homes, the area is flourishing as a residential hotspot.
4- Proximity to Commercial destinations:
Kandivali has proximity to all the relevant locations of Mumbai, like Andheri, Goregaon, and BKC. This is one of the key elements that have contributed to the expansion of new construction in Kandivali. It is easily accessible to the major places which makes it easy for the residents to commute from one place to another easily in less time. There are also many historical buildings located nearby, which makes it one of the most important factors making it a hotspot for investment in real estate.
The best thing about purchasing a home in Kandivali at this time is that the neighbourhood is still developing. Being new indicates that the value of the property is initially lower and will increase over time. Purchasing property in Kandivali also carries less risk because you are nearly sure to obtain significant returns on both the rental and sale values of the property.
Kandivali is among the nicest areas of Mumbai to live in. It is positioned to become the next hotspot for residential real estate because of its superior connectivity, accessibility to reasonably priced houses, and increasing demand for homes. The area’s planned high-end infrastructure, business, and residential initiatives will dramatically raise the micro market’s liveability index and real estate prices. This area is also endowed with clean air, lush surroundings, a nearby national park, and steep surroundings close to the wilderness. In the foreseeable future, Kandivali is projected to become more prominent due to its welcoming attitude, safety, and accessibility.
As said, home is where the heart is, purchasing a home that takes into account the aesthetics and builds quality of the property is always the best. Investing in a property that fits your budget and provides all the amenities is always a wise choice.