What Increases Kandivali’s Demand For Real Estate?
Increases Kandivali’s Demand : Over the years, Kandivali has quickly developed into a highly sought-after suburban residential area, and it has continued to expand.
Due to the availability of affordable and high-quality housing, social infrastructure, and multimodal connectivity, Kandivali has experienced tremendous growth over the past few decades. Due to these, Mumbai’s real estate market has turned it into a niche micro-market.
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Kandivali is currently considered to be one of Mumbai’s best suburbs. The neighbourhood has seen significant growth in real estate. Educational and financial institutions, recreation, entertainment, and marketplaces over the years, raising the quality of life in the process.
Due to its convenient access to well-known commercial hubs like the Bandra Kurla Complex (BKC), NESCO in Goregaon East, and Andheri’s ever-expanding commercial hub, potential homebuyers are drawn to this neighbourhood. People have chosen homes in Kandivali and the nearby areas because of this and the abundance of upcoming real estate projects that cater to the discerning modern lifestyle with cutting-edge finishes and amenities.
The implementation of RERA. The Goods and Services Tax (GST), demonetisation. And the COVID-19 pandemic have all had a significant impact on the real estate sector in recent years. We discovered that sales of real estate projects in Kandivali never slowed down or experienced a significant price decline despite these significant changes.
Increases Kandivali’s Demand : Connectivity
For residents of Kandivali, the opening of the Kora Kendra flyover earlier this year is a significant infrastructure improvement. The connectivity between the eastern and western areas has improved thanks to the construction of the flyover over RM Bhattad Road in Borivali West. The commute time for passengers between the eastern and western areas has decreased since the Metro Line 2A’s (Mumbai Metro Yellow Line) services began earlier this year.
The Metro 2A line runs parallel to the WEH in the east, which is another straightforward route to Kandivali. A Metro line in the west runs along the Link Road (LR) all the way to Dahanukar Wadi. Borivali and Malad are connected by Swami Vivekanand Road (SV Road). Which runs parallel to the railway station in the west and facilitates travel.
The distance between Kandivali and the domestic and international airports is about 30 minutes by car. A major stop for people boarding long-distance trains. Borivali Railway Station, is just one stop from the approachable Kandivali Railway Station.
The Mumbai coastal road’s quick construction is another noteworthy development. The project has a South Mumbai beginning and a Kandivali end. It will have immediate access to South Mumbai once it is finish. The project will lessen the load on the Western Express Highway. Which is back up during rush hours and significantly lengthens commute times.
Why you should invest in Kandivali
In the upcoming years, Kandivali will continue to change and grow. Making it a great place to invest in and a convenient place to live. In and around the suburb, numerous reputable builders have developed upscale residential and commercial properties. Buyers and developers should expect significant changes in the area’s real estate development in the years to come because it is plan to build a coastal road from South Mumbai to Kandivali.
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