Realty hot spot series: Why Malad-Kandivali is a popular residential locality in Mumbai
Properties in Malad-Kandivali are priced between Rs 11,600 per sq ft and Rs 20,100 per sq ft. A 1-BHK (610 sq ft) costs an average of Rs 89 lakh and a 4-BHK (2,500 sq ft) costs approximately Rs 4.3 crore.
By ET CONTRIBUTORS |
BCCL
In this week's Realty Hot Spot series we take a look at Mumbai's Malad-Kandivali. This is a developed residential area with good connectivity, social infra and employment hubs. The locality is well-connected through Western Express Highway, SV Road, Suburban Railways and Upcoming Metro Line 7.
The locality is 14 kms away from the airport, 1 km from the nearest railway station and 2 kms from the Western Express Highway (WEH).
Properties in Malad-Kandivali are priced between Rs 11,600 per sq ft and Rs 20,100 per sq ft. A 1-BHK (610 sq ft) costs an average of Rs 89 lakh and a 4-BHK (2,500 sq ft) costs approximately Rs 4.3 crore.
Highlights
Developed residential area with good connectivity, social infra and employment hubs.
Connected through Western Express Highway, SV Road, Suburban Railways and Upcoming Metro Line 7
Key office hubs in the vicinity are Infinity IT Park, Express Zone, Mindspace IT Park, NESCO IT Park, etc.
Popular shopping malls are Growel’s 101, Infiniti Mall, Inorbit Mall and Oberoi Mall
Key social-infra include Zenith Hospital, Suchak Hospital, Ryan Intl. School, Cambridge School, etc.
SUPPLY BY BHK Consumer preference by budget segment (Rs) Consumer preference by covered area (sq ft) Source: Magicbricks
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(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)
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