Why Invest In Mumbai’s Kandivali?
New Project In Kandivali : Kandivali is a neighbourhood in the Mumbai Andheri-Dahisar area that is divided into east and west zones. Kandivali has become a residential sanctuary thanks to the abundance of housing stock provided by reputable developers, infrastructure improvements, and excellent connectivity. But what drives Kandivali’s investment potential? How has the local price growth been? To assist you in making an educated decision, navimumbaihouses.com provides a download on these essential facts.
A residential suburb in the middle class, Kandivali is well situated along the Western Line of the Mumbai Suburban Rail Network. This neighbourhood, which has a lot of greenery and open space, is well connected to other areas of Mumbai by good road and train infrastructure. Due to its convenience and closeness to business and industrial areas, it has gained popularity as a rental location. Investors who are ready to put money into Kandivali may benefit from better returns; but, before you make the investment, learn everything there is to know about the neighbourhood.
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Kandivali, Mumbai : Real Estate
Kandivali has recently emerged as one of the top-performing areas in Mumbai’s western suburbs in terms of development. Kandivali East and West are the two zones that make up the region. East homes are valued at roughly Rs 20,000 per square foot, whilst prices in the latter area are closer to Rs 18,200 per square foot. Micromarkets including Thakur Complex, Samata Nagar, Thakur Village, Asha Nagar, Hanuman Nagar, and Lokhandwala Complex are near to the cosmopolitan neighbourhood.
The Auto and Tractors Division of Mahindra & Mahindra Limited used to be the only landmark in Kandivali. However, thanks to major improvements, Kandivali is becoming a popular destination for reputable builders. The opening of housing developments like Godrej Nest in Kandivali East by Grade A developers like Godrej Properties attests to the region’s significance and strong demand for homes.
Trend in housing
There are many mid-segment housing societies in the eastern section of Kandivali, with 2 BHK homes being the most common configuration. Around 30% of the stock in Kandivali East is made up of smaller possibilities for 1 BHK flats. Two-bedroom apartments make up around 45 percent of the available housing options in Kandivali West, while one-bedroom apartments make up about 40 percent.
Kandivali is an example of how most of Mumbai’s neighbourhoods are completely developed and some are overpriced and oversaturated. Kandivali has an advantage over the surrounding districts due to its central location and excellent train and bus connections. Renting houses is more popular than purchasing them. The higher middle class, who would happily invest here, is who the residences in this area are primarily aimed at.
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New Project In Kandivali : Costs of real estate
Recent years have seen an increase in land values in Kandivali’s eastern area. In the past three years, the average price of a home in Kandivali East has increased by about 15%, and in the past year, it has increased by more than 6%. On the other hand, during the previous five years, home values in Kandivali West have increased by more than 15%.
| Locality | 1 BHK | 2 BHK | 3 BHK |
| Kandivali East | Rs 70 lakh-Rs 1.3 crore | Rs 1.2-2.1 crore | Rs 2 crore and above |
| Kandivali West | Rs 80 lakh-Rs 1.5 crore | Rs 1.25-1.8 crore | Rs 1.9 crore and above |
Rental prices in the neighbourhood vary depending on where the property is and how close it is to local amenities. While monthly prices for a 2 BHK or 3 BHK are often around Rs 25,000, those for a single room start at around Rs 10,000. The neighborhood’s industrial estates produce the majority of the demand for homes.
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New Project In Kandivali : Amenities for society
“Kandiwali real estate has attracted the interest of a lot of buyers. The Western Express Highway’s accessibility and its superior infrastructure, which includes commercial centres, educational institutions, and retail alternatives in comparison to other neighbourhoods in Mumbai, are the reasons.
| Educational institutions | Healthcare facilities | Connectivity links | Recreational options |
| Ryan International School | Saraswati Hospital | Western Highway | Chhota Kashmir Park |
| Cambridge School | Lotus Multi Specialty Hospital | Malad – Andheri Link Road | NNP Waterfall |
| Gundecha Education Academy | Namaha Hospital | Dahanukarwadi Metro Station | Thakur Mall |
| Kapol Vidyanidhi International School | Aditi Hospital | Kandivali Railway Station | Gandhi Tekdi |
This area has a variety of malls with multiplexes and kid-friendly hangouts. You won’t have to travel far to fulfil your demands for entertainment and shopping. All of it is located in Kandivali.
New Project In Kandivali : Opinions of the locals
In Kandivali, where there are many facilities and a well-connected location, purchasers heavily weigh convenience. locals gave the area a rating of 4.3 out of 5. Connectivity and lifestyle aspects continue to be the region’s key advantages, as seen by the owners and renters’ boasts of “good public transport,” “well-maintained roads,” “markets within walking distance,” and “minimal power outages.”
New Project In Kandivali : Potential for investment
Coastal Roads linking Marine Lines, Nariman Point, and Kandivali, as well as Malad West and Valnai metro stations, are a few significant existing and planned infrastructure projects that are intended to increase east-west and north-south connectivity. Mumbai Metro Line 2A, which runs between Dahisar and DN Nagar, and Metro Line 7, which runs between Dahisar East and Andheri East, are two metro lines that now pass through Kandivali. Property prices in Kandivali are expected to increase further once these infrastructural projects under development are operational.
Here, issues like “waterlogging during monsoons” and “parking issues” need to be addressed. However, given that several road improvement projects are in progress, the anticipated infrastructural improvements are expected to alleviate the problems in this well-liked neighbourhood.
Investors and homeowners may choose to put their money with companies like Godrej Properties and other reputable developers because both Kandivali neighbourhoods are undergoing extensive renovations and are becoming more accessible from other areas of Mumbai. But before making a decision, research is essential.
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