Reasons why investing in a property in Kandivali West can be profitable
- nishaarai85
- Mar 25, 2020
- 2 min read
Kandivali East one of the oldest locations in Mumbai Suburbs is a cluster of several localities and the famous Sanjay Gandhi National Park is situated to its Eastern side. Though investing in real estate in Mumbai is a crucial financial decision, yet because of the well-developed infrastructure, connectivity, upcoming commercial and industrial complexes and new projects in Kandivali East, investment in this area has brought about an upward trend in the real estate market.
This location is safe and not only provides a comfortable and good standard of living but also provides good rental returns and capital appreciation for property investors. The following are the 3 important reasons which indicates that investing in the property in Kandivali East is a profitable investment.
Excellent connectivity and proximity to important commercial destinations
Buyers are interested in buying 2BHK in Kandivali East. The reason is that Kandivali and Borivali Railway Station provides the commuters excellent rail service and the Western Highway, the Malad - Andheri Link Road, Borivali Flyover, the S V Road, the Link Road on the west and the Mulund-Goregaon Link Road also provides easy access to all parts of the city. BEST buses, private buses, private cars, taxis, auto-rickshaws etc. are the available modes of transport for quick and easy travel.
Both the domestic and international airports are at a short distance and can be easily reached. Andheri, Goregaon, Bandra-Kurla Complex the most important commercial destinations are located close to Kandivali East. Thus, most of the investors are keen to invest in Kandivali property.
Outstanding Social infrastructure
Coming up of reputed private, international, public and Government schools, well known colleges of science, arts and engineering, institute of technology and business management, Government run hospitals and private hospitals, attractive shopping malls, restaurants, hotels, parks, entertainment zones have brought about a major transformation in Kandivali. The Sports Authority of India is also located in this area.
With the coming up of all these essential facilities needed for good lifestyle and happy living and launching of residential projects by prominent builders offering luxurious and spacious flats with best modern amenities, investing in the property in Kandivali East is surely a wise decision.
Creation of employment opportunities
Kandivali property has become priceless as this location has many well-known industrial estates manufacturing different products, financial institutions, textile industries, and other firms. It has also gained importance as an industrial destination. As such several job vacancies are created and people migrate to this location to grab this opportunity. This has led to an increased demand for homes.
Many working personnel are ready to buy 2 BHK in Kandivali East or even stay on rent. Availability of job vacancies and affordable homes as per our needs and capability has created a positive effect on the real estate market with the property rates reaching great heights.
The progressive change seen in Kandivali East has transformed this area into a well-developed locality and many builders Fare attracted to this location and are launching new projects in Kandivali East.
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