By Runwal Group Posted Sep 20, 2018 In Property investment
If you have been looking to invest in a home in Mumbai, Kanjurmarg is a locality worth exploring. A home in Mumbai should ideally be well connected and should offer access to a wide range of social and civic amenities. In that regard, Kanjurmarg has become one of the most coveted residential localities in Mumbai and it is hailed as a modern, cosmopolitan and well-planned locality.
Thinking about investing in a home in Kanjurmarg? Now is the best time to do so. Here’s why:
1. Attractive price trends:
Kanjurmarg offers an impressive array of affordable homes in Mumbai, without any compromises on quality. This is a very attractive prospect for a cost-intensive real estate market like Mumbai. When localities like Powai, Vikhroli and Thane became saturated, their affordability was affected significantly. That’s when Kanjurmarg emerged as an excellent alternative that is well-connected, self-sufficient and equipped with sound social infrastructure. While the property prices in Kanjurmarg are still relatively low, one cannot ignore the rising demand and appreciation of property prices in the locality. In the last year, the property prices have appreciated by about 16%. Moreover, homes in Kanjurmarg are available at a fraction of the cost of Powai (which is next door and highly sought-after), while the quality is on a par.
2. Excellent connectivity:
A very big advantage of investing in Kanjurmarg is the connectivity that it offers. Kanjurmarg is well connected to all parts of the city via The Western Express Highway, Eastern Express Highway, LBS Marg and Jogeshwari- Vikroli Link Road. Some of the location highlights: