Why Invest in Kandivali, Mumbai?

Kandivali is a Mumbai suburb divided into east and west zones. It’s known for its:

Ample housing options from reputed developers.
Good infrastructure with easy access to other parts of the city.
Green spaces and a peaceful environment.

Here’s a breakdown of why Kandivali is a good investment:

Location and Connectivity:

Kandivali’s strategic location along the Western Line of the Mumbai Suburban Railway Network makes it highly accessible by train. Residents enjoy excellent connectivity to other parts of Mumbai, including business districts and entertainment hubs. The area also boasts a well-developed road network, including access to the Western Express Highway, a major arterial road that connects north and south Mumbai. This combination of rail and road connectivity makes it easy for residents to commute to work, go shopping, or explore the city.

Housing Market:

• Kandivali East has a lower average property price than Kandivali West (as of May 2023)
• Both zones offer a mix of 1, 2, and 3 BHK apartments
• Kandivali East has seen a significant rise in property prices in recent years

Table: Property Prices in Kandivali (as of May 2023)

Locality	1 BHK	2 BHK	3 BHK
Kandivali East	Rs 70 lakh – Rs 1.3 crore	Rs 1.2 crore – Rs 2.1 crore	Rs 2 crore and above
Kandivali West	Rs 80 lakh – Rs 1.5 crore	Rs 1.25 crore – Rs 1.8 crore	Rs 1.9 crore and above

Rental Market:

Kandivali’s rental market caters to a variety of budgets and needs. Rental rates depend on several factors, including:

• Location: Properties closer to stations, malls, and other amenities typically command higher rents.
• Size and configuration: Larger apartments (3 BHK) and those with balconies or extra amenities naturally rent for more.
• Age and condition: Newer buildings with modern amenities tend to have higher rents than older buildings.

Here’s a general idea of rental ranges in Kandivali:

• Single rooms: Starting from around Rs 10,000 per month. These are suitable for working professionals or students who may not need a full apartment.
• 1 BHK apartments: Typically range from Rs 20,000 to Rs 40,000 per month, depending on the factors mentioned above.
• 2 BHK apartments: Generally fall in the Rs 30,000 to Rs 50,000 per month range. This is a popular option for young couples, small families, or working professionals sharing accommodation.
• 3 BHK apartments: Rents for these can start from Rs 45,000 and go up to Rs 70,000 or more per month, depending on location, size, and amenities. These are well-suited for families or groups of working professionals who require more space.

Social Infrastructure:

Kandivali offers a range of social infrastructure that caters to residents’ needs. This includes:

• Shopping: The area boasts several shopping malls, including Growel’s 101, Inorbit Mall, and Infinity Mall. Residents also have access to numerous high-street shops and local markets for their daily needs.
• Education: Kandivali is home to a good selection of schools, from renowned institutions like Ryan International School and Cambridge School to reputable local schools. This makes it a suitable place for families with children of all ages.
• Healthcare: Numerous hospitals and clinics are located in Kandivali, providing residents with access to quality medical care. Some prominent healthcare facilities include Saraswati Hospital, Lotus Multispecialty Hospital, and Namaha Hospital.
• Recreation: When it comes to leisure and entertainment, Kandivali has something for everyone. Residents can enjoy relaxing walks or spending time with family at parks like Chhota Kashmir Park and Gandhi Tekdi. The area also has movie theaters, multiplexes, and other entertainment options.

Residents’ Feedback:

• Residents appreciate Kandivali’s connectivity, well-maintained roads, and proximity to amenities.

Investment Potential:

• Ongoing and upcoming infrastructure projects are expected to improve connectivity and boost property prices.
• Areas like Kandivali East have seen significant price appreciation in recent years.

Things to Consider:

• Kandivali can experience waterlogging during monsoons and have parking issues.
• Infrastructure upgrades are underway to address these concerns.

Overall, Kandivali is a promising investment opportunity for those seeking a well-connected location with good infrastructure and growth potential.