Why is Kanjurmarg the best option for home buyers?

November 14, 2023 | Indextapadmin

Mumbai offers different options for home buyers; you can choose your property from skyscrapers, lake-side apartments, garden scape apartments, and many more. If you are looking to buy a budget-friendly home in a vibrant society, consider the option of Kanjurmarg. 

Kanjurmarg stands out as a prestigious neighborhood in Mumbai.As one of the city's oldest residential areas, it boasts meticulous planning and a cosmopolitan community. With excellent connectivity to all corners of the city, Kanjurmarg is a well-established and sought-after locality. 

Let’s take a look at some of the top reasons to invest in residential real estate in this locality:

Connectivity

Kanjurmarg has excellent train and road connectivity. For daily commuters, Highways such as Eastern Express Highway and Eastern Freeway and metro lines 4 & 6 are the best options. Better connectivity in this area promotes the economic and social value of your property.

Flourishing Real Estate growth

The real estate market in Kanjurmarg is experiencing significant development and is witnessing sustained growth in property values, construction activities, and investment options. In 2022 alone, Kanjurmarg saw a major upswing in residential property sales. Around 900 flats in kanjurmarg were sold in this locality in the last year, marking a considerable rise in real estate sales, compared to the previous year. For those in search of a cozy space in the eastern suburbs of Mumbai, the average price of 1 bhk flat for sale in kanjurmarg is 95 lakhs (<1 crore) INR. For those looking for a 2 BHK apartment, the average price is 1.4 crore INR. Further, for those who are looking for a luxurious stay in a 3 bhk flats in kanjuramg west, the average property price is 2 crore INR. 

Kanjurmarg is on the verge of developing as a business hub with many commercial projects coming up in this area. Many commercial projects are being planned in Kanjurmarg, making it a business hub. Commercial properties are usually established in areas with good connectivity, which helps the workforce to commute easily to their workplaces. 

Great Social Infrastructure

Kanjurmarg has established educational institutions, such as Bombay Institute Education, Sun Pharmacy Academy, international schools and many more. So, if you are looking for a good education for your children, Kanjurmarg would be the right fit. Many renowned super specialty hospitals such as Samruddhi Hospital, Amey Surgical Nursing Home, and many more are located in this area. So, you can get good quality health care services from your neighbourhood only. 

Kanjurmarg has a lot of markets located nearby and shopping malls such as Neptune Magnet Mall, Huma Mall, and many more are available for shopping lovers.

It is located near Powai, one of the best micro markets in Mumbai. So, you can get all the benefits of staying in Powai while staying at Kanjurmarg, comparatively with a lesser cost of living.

Newly launched and upcoming Real estate projects

Kanjurmarg’s real estate sector has witnessed a huge spike in recent times and has flourished with new launches of different properties. Upcoming towers of Aadi Allure, Arkade Earth, Lodha Aurum Grande, Runwal Avenue, Runwal Bliss, Kanakia Zen World, and other luxury projects will provide a vast range of housing options for home buyers. All these properties are fully equipped with modern amenities to offer a luxurious way of life to the residents. 

In brief, the above-mentioned reasons make Kanjurmarg a hub for residential properties in Mumbai. With the rising boom of real estate, Kanjurmarg is one of the best destinations to buy a property both for home buyers and investors. To get the extensive list of available apartments in Kanjurmarg, navigate to IndexTap.