Overview of Real Estate Market in Kandivali

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KANDIVALI
Overview of Real Estate Market in Kandivali
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INTRODUCTION
Kandivali is a northern suburb of Mumbai located
between Borivali in the north and Malad in the
south. The region has taken great strides
towards real estate projects in past decade.
Kandivali West has big projects with high
investment coming up and Kandivali East is not
far behind with multiple residential projects
from popular real estate groups.
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B o r i v a l i K a n d i v a l i M a l a d
There are several factors which have contributed
to the development of Kandivali as a real estate
choice for buyers and developers. One of the
distinct features of Kandivali is its proximity
towards Borivali, Malad, and Goregaon. Also, it
has good connectivity to Andheri, Bandra in the
south and Mulund and Powai in the east via road
and rail links.
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Connectivity- Some of the major road links that
connect Kandivali to other major places in
Mumbai are- Link Road, Western Express
highway, Swami Vivekananda Link Road, Goregaon
Mulund Link Road and Malad- Andheri Link Road.
Other than these external road links, it has well
built internal road connectivity to different
locations in Kandivali.
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The Western Express highway connects Kandivali
to growth centres like Bandra- Kurla Complex,
Andheri East, and Goregaon east etc. Daily
commuters prefer to buy 1BHK/ 2 BHK Flat in
Kandivali due to easy connectivity. The
Kandivali East and West are almost 40- 50
minutes drive to Chhatrapati Shivaji
International Airport.
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Along with the road connectivity, the city has
good rail connectivity. It has its own suburban
railway station on the Western line. The Metro
train is also available for easy travelling in
the area. These infrastructures have supported
the quality of life and ease of living the area.
This has attracted the buyers to buy a property
in Kandivali.
Kandivali
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The upcoming coastal road project from Nariman
Point in South Mumbai to Kandivali on the West
will boost the infrastructure. This will have
impressive impact on the real estate market in
Kandivali
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Localities in Kandivali- The famous localities
in Kandivali in the East are Thakur village and
Lokhandwala Township. In the western side,
Charkop and Poisar are well known areas in
Kandivali. The urban development like flyovers,
wide roads, and public transport buses has led
to many residential projects to come up in
these localities.
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Industries- There are many small to medium size
industries in Kandivali. Balaji Industrial
Estate, Gundecha Industrial Estate, Charkop
Industrial Estate, Jai Bonanza Industrial Estate
are present. Big companies like Mahindra and
Mahindra has a large plant in Kandivali. Sports
Authority of India -SAI has a huge training
ground here as well.
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Conveniences-The Kandivali region has the top
class social infrastructure in the form of
schools like Ryan International School and
Cambridge School. Malls like Growers 101, V
Mall and Thakur Mall are present. The best in
class hospitals like Kokilaben Dhirubhai Ambani
is only 11 km away.
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Notable Developers and Projects in Kandivali
RAHEJA REFLECTIONS ODYSSEY R A H E J A U N I V
E R S A L
GODREJ TRANQUIL K D S D E V E L O P E R S
ARIHANT ENCLAVE G O D R E J P R O P E R T I E S
S H I V A M
WHITE CITY R A J E S H L I F E S P A C E S
In Kandivali East, the top projects are White
City from Rajesh Lifespaces, Godrej Tranquil
from Godrej properties Shivam, Arihant Enclave
from KDS developers which are under construction
and Raheja reflections Odyssey is a completed
project developed by Raheja Universal.
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IBIS
VEENA ROYAL VILLA V E E N A D E V E L O P E R S
BLUE EMPRESS A T U L D E V E L O P E R S
LUMINOUS GOLD O R I G I N G R O U P
R E D B R I C K S G R O U P
Some of the completed residential projects in
Kandivali West are Blue Empress from Atul
developers, Veena Royal Villa from Veena
Developers. Luminous Gold from Origin group and
Ibis from Red Bricks Group are high priced under
construction residential projects. Buyers
looking to buy flat in Mumbai can find the mid
segment flats like 2 BHK easily in Kandivali
area.
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Looking at the number of residential projects
coming up, the prices may remain stable. The
upcoming developments in infrastructure are also
promising. Upward trend in the property market
is expected, Therefore flats for sale in
Kandivali may be a very profitable investment in
future. Those looking for a new apartment in
Mumbai may expect the real estate to gain
traction and valuation in the coming months.
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Magic Abode
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