Bandra East in Mumbai as an Investment Option
30-Apr-2024

Do you dream of residing in a residence that offers smooth connectivity to your office, extravagant malls, and reputed schools? Is getting the best amenities, with the finest medical facilities, and having well-educated neighbors what you seek? Then, Bandra East, located in the mid-western part of Mumbai is one coveted residential destination that you should consider.

The area’s proximity to the commercial hub of Bandra Kurla Complex (BKC), special economic zones SEZs, IT parks and Chhatrapati Shivaji Maharaj International Airport drive the residential demand in the region.

The social infrastructure here is located within 3.5- 5 km from residential areas. Well-known and esteemed schools and educational institutes like the American School of Bombay, Dhirubhai Ambani International School, and the University of Mumbai are a part of this upscale locality.

Reputable health centers offering excellent medical facilities such as the Municipal Hospital, Guru Nanak Hospital, and the Asian Heart Institute are just 2 km away.

Other established structures like the Jio World Convention Center and the Reliance malls such as the Jio World Drive and Jio World Plaza create value for this residential locality. Research from Propequity (a real-time data, analytics, intelligence, and research company) shows that a few of the residential projects that you can find here are -

Project name Developer name Configuration Price segment
Address 51 Vaibhav Laxmi 2bhk 2-3 crore
Grandeur Sethia infrastructure 2bhk
Ten BKC Adani Realty 3bhk 3-8 crores
Aden Rustomjee Group 3bhk
Ten BKC Adani Realty 4bhk 8-13 crores
Magnus Kalpataru 4bhk

With research from Propequity, the state of the real estate projects here has had a 15% year-on-year compounded annual price rise from 2018 to 2023. And, with the presence of new projects with gated communities by reputed developers, the prices are likely to rise.

The research also shows that a limited no. of 4000 units have been supplied here in the last 10 years and the inventory overhang stands here at 12 months, which is below 30 months.

The locality is also expected to have quality infrastructure. A skywalk is expected to be completed and it will join the east part of Bandra station to the Maharashtra Housing and Area Development Authority (MHADA) office in Kala Nagar. The construction of this skywalk began in November 2023 and is likely to be completed by mid of 2025.

Also, to travel or commute to offices and other areas here; public transport like buses and taxis are easily available. You get the convenience of living near your workplace and it will lessen your commute time, allowing you to make a better work-life balance and relish more leisure time.

So, why buy a flat at Bandra East?

The key reasons to consider while buying here are the presence of prestigious projects, a rise in property prices in the coming years, the presence of BKC, and already established renowned IT firms in the area.

If you enjoy fine dining and wearing high-quality clothing then you can look to buy closer to Bandra Kurla Complex (BKC). Some of the high-end malls offering luxury apparel brands, and the finest eateries are here.

You can also find the finest education here, at schools & get first-class medical assistance from hospitals that are just 15 minutes away.

You can also find the finest education here, at schools & get first-class medical assistance from hospitals that are just 15 minutes away.

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