Bandra East - BKC - New Destination for Affordable Housing in Mumbai

Bandra East - BKC - New Destination for Affordable Housing in Mumbai

Bandra East - BKC - New Destination for Affordable Housing in Mumbai

Bandra Kurla Complex (BKC): The Prime Real Estate Destination for Living, Investing, and Working is now becoming more attractive.

Bandra East - Kher Nagar - the area off the Express Highway is a boon and blessing for commuters who need to reach BKC and in their offices/banks bang on time. The area has seen investments from Rustomjee, Shapoorji, Antariksh Group to name the few. The 1 BHK apartments start in the location from 1.50 Cr and 2 BHK in the range of around 2.20 Cr. These prices are excellent and comparable to Borivali East - West etc.

Imagine leaving from your home from Bandra East, cross the road and get into the Jio Mall and have a Fresh Coffee at Pret A Monger or visit the Apple Store to upgrade your Macbook Air or your Iphone in a few minutes and also to reach office in 10 - 15 min without stress.

We see this as a growth area and it offers a sheer sense of comfort.

Bandra Kurla Complex (BKC) in Mumbai has emerged as a thriving hub for premium residential, commercial, and financial activities already and in the Premium Residential side we have Rustomjee Seasons, 10 BKC and Kalpataru Sparkle, Oriana and Kalpataru Magnus.

Originally designed as a business district, BKC has witnessed a significant increase in residential development, making it a highly sought-after location for real estate investment and living.

Strategic Location and Connectivity:
  • BKC's strategic location in the heart of Mumbai offers excellent connectivity to all parts of the city.
  • Situated in a central location on the northern side of Mahim Creek, BKC is bordered by Kurla to the east, Bandra to the west, and Santacruz to the north. It enjoys easy access to Bandra and Kurla railway stations, serving the Western, Harbour, and Central lines of the Mumbai suburban railway.
  • Moreover, BKC is well-connected by road, including the Western and Eastern Express Highways, and is just a short distance away from the domestic and international airports.
  • World-Class Social Infrastructure: BKC boasts top-notch social infrastructure, making it an ideal place to live.
  • The area is home to leading international schools such as the Dhirubhai Ambani International School, Orchid's International, and the American School of Bombay, ensuring access to exceptional education. Residents also have access to renowned healthcare facilities, including hospitals like Shushrut Hospital and Universal Multispecialty.
  • Additionally, BKC offers a wide range of recreational avenues, from luxury malls like Jio World Drive to diverse dining options serving cuisines from around the world. The presence of ample open spaces allows for activities like jogging, cycling, and picnicking.

Growing Demand for Office Space: BKC is a sought-after destination for office space in Mumbai, with several Fortune 500 companies, banks, financial institutions, and government institutions located here. The demand for office space in BKC has been steadily increasing, making it an attractive investment opportunity. Investing in BKC provides the potential to benefit from the growing demand for commercial space and the associated economic growth.

World-Class Infrastructure: BKC offers world-class infrastructure, featuring wide roads, landscaped gardens, and ample parking space. The complex provides excellent security and is a gated community, ensuring a safe and secure living environment. Several luxury residential properties in BKC offer a host of amenities, including in-house gyms, entertainment facilities, swimming pools, and forest trails, providing residents with a comfortable and convenient lifestyle.

High Potential for Appreciation and Rental Yields: Investing in BKC provides the potential for both capital appreciation and high rental yields. The limited availability of land in the area, coupled with the growing demand for residential and commercial space, has led to steady appreciation in property values. The upward trend in prices, with an average annual appreciation of 4-6%, makes BKC an attractive investment option for long-term returns.We anticipate highest lease rent returns in this zone.

Bandra Kurla Complex (BKC) has emerged as Mumbai's premier real estate destination, offering an ideal mix of strategic location, connectivity, world-class infrastructure, and social amenities. With its growing demand for residential and commercial space, BKC presents excellent investment opportunities for individuals looking to buy real estate or invest in the area. Whether for living, working, or investing, BKC provides a prestigious and vibrant neighborhood with a promising future in the Mumbai real estate market.
About the author
Sandeep Sadh

About Sandeep Sadh

Sandeep Sadh has been in the real estate business since 1993 in Mumbai. He has expertise in Buying, Selling, Leasing properties in Mumbai and a deep understanding of legal and tax related matters due to his experience.

Summary

Over the years, he has experienced the City's growth. He has been a columnist in the Times of India with numerous articles, which bring about a clear picture of the real estate market in Mumbai. He is a regular on NDTV, CNBC, ET Now Real Estate and Zee News, giving his experienced quotes as and when required.

Sandeep Sadh has used information and technology since the year 1998 and now what people call it Prop Tech to cater to the needs of Home Buyer, Seller, Investor and Corporates, HNI and NRI looking to Buy/Sell or Lease their properties in the Mumbai Property Market.

Sandeep has a holistic experience of real estate be it Leasing an Apartment for your CEO in the most upmarket buildings, to enter into a long lease for your office in Mumbai in prime buildings or an Investment in good projects with a detailed analysis keeping in mind the Demand and Supply and other micro factors of the project/property.

Sandeep Sadh has developed a few websites like www.mumbaipropertyexchange.com, www.realestatemumbai.com, www.propi.in which augment the real estate consulting business.

Right from Investments in Primary Markets to Selling, leasing and specializing for NRI’s all over the world. He is an expert in NRI Home Buying and Selling and has a good understanding of the Income Tax laws pertaining to Selling a Property and Repatriating funds overseas or reinvesting based on Capital Gains etc.

Experience

  • Residential Leasing
  • Commercial Leasing
  • Residential Home Buying
  • Commercial Property Buying
  • Investment Properties with complete Property Management as your Real Estate Family office

While transacting in the above segments, he has complete experience and deep understanding of the paper work, his areas of expertise are :

  1. Drafting of the Leave and License Agreements
  2. MOU for Buying/Selling Properties
  3. Drafting Agreement for Sale
  4. Gift Deeds
  5. Computing of Capital Gains with current ready reckoner values
  6. Drafting of Supporting Power of Attorney.

As an add on Service, Sandeep Sadh has tied up with various Professionals like Lawyers and Chartered Accountants who add value in transacting and specially services for Non Resident Indians.

Application to Income Tax for Lower Tax Deduction Certificate – Through a qualified CA and keeping a grip on the traction so that the remittance back to Non Resident Indians after Selling the property is seamlessly transferred.

You can connect with Sandeep Sadh on ssadh@mumbaipropertyexchange.com

LinkedIn - https://www.linkedin.com/in/sandeepsadhmpe/