Mumbai has always been the top contender for real estate development in the country and now it seems the Mumbai suburbs are vying for the spot as well. Lately, the suburbs of this glamourous city have seen a tremendous boost in real estate development and leading the race are the western suburbs, the region in and around Kandivali. It has always had excellent connectivity to the main city and boasts of better infrastructure than most other suburbia. Homeowners, who might not have the budget to invest in property in the main city of Mumbai are definitely looking to Kandivali as their next best choice.
Kandivali is a multicultural locality and as cosmopolitan as it could be. Initially populated by the salaried professionals and businessmen of the Gujaratis and the Jain community, today it is home to people from various backgrounds, all staying together in one of the safest regions of the country. One can also enjoy easy access to schools, colleges, hospitals, shopping malls, entertainment centers, banks, office complexes, supermarkets and well as local farmer’s market, restaurants and a lot more. Areas in the region of Kandivali like Mahavir Nagar, Walkeshwar, Nepean Sea Road, and even the Marine Drive of South of Mumbai are extremely in demand and are frequented by many rich and famous of the region as well.
The area is also home to a number of gymkhanas and other recreational centers. All of this has made Kandivali a top draw and real estate developers are opening their purses to invest here. Kandivali has some of the tallest towers in all of Mumbai suburbs combined and the average middle class finds it to be an affordable location where the above mentioned amenities are to be found and yet within budget. Initially, availing a 1 or a 2 BHK flat in Mumbai suburbs could prove to be expensive but schemes like the PMAY have resulted in lower interest rates for home loans and more and more people are opting for purchasing properties, choosing to pay a part of their income on EMIs on homes that will be theirs one day, rather than on paying it on renting a property which will never be theirs. Even after the implementation of the GST, the sales did not go down.
Apart from the locational benefits, the ease commute to and from Kandivali makes it a prime choice for property seekers. The Chhatrapati Shivaji International Airport, the Mindspace, the MIDC and the presence of the very own Mumbai local trains are primary reason for people shifting here. It is expected that the demand for property here would rise further in future and with the construction of the new Andheri- Dahisar metro line, the Dahisar- Bandra- Mankhurd metro line and the construction of the 29.2 km coast road that starts from South Mumbai Princess Street flyover, Kandivali is going to enjoy further connectivity. The Western Express Highway on the east, and S.V. Road and Link Road on the west are just the icing on the cake.