Kandivali West is probably the best micro-market for you to buy your dream home! It is because the locality has seen some of the stupendous developments in the past two decades. As of today, there are many big reputed residential apartment buildings and world-class physical infrastructure facilities.
If you are looking for a 1 or 2 BHK flat in Kandivali West, then be assured that you are about to invest your money in one of the perfect localities of Mumbai. Do you want to know why? Here are the details on how Kandivali West has now become one of the prominent residential hotspots of Mumbai!
Live Closer to the Important Commercial Hubs
Some of the popular commercial destinations, such as Andheri East, Lower Parel or Nariman Point, are conveniently accessible from Kandivali West. The coastal road is being constructed to help you reduce the travel time to these commercial hubs by 50%. Thus, all of the working professionals who work in these commercial hubs but want an affordable house to buy or live, can count on Kandivali West as a priority.
Easy Transportation & Connectivity Would Make Your Life Easy!
By living in Kandivali West, you will be connected to most of the localities of Mumbai through SV Road, Link Road, Western Express Highway. The Kandivali railway station is also easily accessible for all of the daily commuters. You also have a dedicated metro hub, which goes by the name Dahanukarwadi, on Line 2A, which connects Dahisar East to D N Nagar.
Chhatrapati Shivaji International Airport is 18 km from Kandivali West when you take the Western Express Highway. You can use the same highway to travel to Andheri East, which is just 13 km from Kandivali West.
The Infrastructure Facilities are Sufficiently Good for Peaceful Living Experience
If you are willing to buy a 1 and 2 BHK flat in Kandivali West, then there’s an abundance of ready-to-move and under-construction apartments available at all budget ranges. The demand for residential properties in Kandivali West is optimally high because of the astounding infrastructure facilities around the locality, which include:
- Namaha Hospital
- Lotus Multispeciality Hospital
- Saraswati Hospital
- Pj Pancholia
- Kapol Vidyanidhi
- Xth Central Mall
- Raghuleela Mega Mall
- Adarsh Garden
- BMC Garden
Budgeted Pricing and Consistent Appreciation Ensure Win-Win Deal For You!
The average pricing per sq. ft. of properties in Kandivali West is Rs. 17,000, which is considered moderate when compared to the pricing of other posh localities of Mumbai. If you are searching for budgeted apartments within Mumbai city, then this is one of the best localities with both budgeted and luxury options.
Even though the price is nominal, the average appreciation rate of properties in this locality over the past 5 years has been around 15%. Hence, it means you can expect to get great returns on your investment if you hold onto your 1 or 2 BHK flat in Kandivali West for around 5 to 10 years.
Following that, if you don’t have plans for living in the locality anytime soon, you can buy a property and put it on rent to earn a good rental yield to add another revenue stream to your profile. The average rent you will earn upon buying a house in this locality is around Rs. 32,000. For some of the sub-localities in the area, such as Jethava Nagar, you can get rental yields of up to Rs. 1 lakh.
Hence, it explains that you should consider the sub-localities on priority as well when you seek to buy a property in Kandivali West.
Now that you have an overview of the real estate in Kandivali West, you can conclude on whether or not it is a worthy investment option. If you finally decide to buy a property in this locality, you will have an abundance of options to choose from. May it be a luxury or a budgeted home, there are properties made by reputed developers awaiting your token deposit! Blox can help you find the best properties in the locality that meets your specific budget and other criteria. You just have to pick your location, set the budget, choose the property type and click on ‘Search’. When you find the one you like, schedule your site visit to get an up-close view at your future abode. At Blox, we assure you of an astounding home-buying experience!