Bhandup, Kanjurmarg & Dahisar Rise as Prime Picks

BY Realty Plus

Infrastructural developments in Bhandup, Kanjurmarg West, and Dahisar are reshaping Mumbai’s real estate horizons. This shift promises streamlined commutes, enhanced connectivity, and more affordable real estate.

The landscape of Mumbai’s residential market is undergoing a fascinating shift. While Thane and Navi Mumbai have been popular choices for homeowners for many years, a new wave of opportunity is drawing prospective buyers to areas like Bhandup, Kanjurmarg West, and Dahisar. These areas are shaking up the real estate market with the promise of superior connectivity, reclaimed time, and surprisingly competitive property prices.

Gone are the days of battling Mumbai’s infamous traffic. Advanced infrastructure projects such as the Versova-Andheri-Ghatkopar Link and upgraded road networks are revolutionizing accessibility in these suburbs.

Bhandup residents can now enjoy seamless access to both the Eastern Express Highway and the upcoming Goregaon-Mulund Link Road, courtesy of the upcoming Metro Line 4. Kanjurmarg West, strategically positioned near the Jogeshwari-Vikhroli Link Road (JVLR) and the Eastern Express Highway, offers enhanced connectivity. Dahisar, with its ongoing metro line and convenient access to the Western Express Highway, provides similar ease of transportation. The metro line adds to the super-convenience of commuting in the area.

This has significantly shrunk commuting times, transforming daily journeys into efficient trips, and placing every corner of Mumbai within easy reach. In Mumbai’s fast-paced life, time is a precious commodity. Bhandup, Kanjurmarg West, and Dahisar empower its residents to reclaim valuable hours previously spent on lengthy commutes.

Contrary to expectations, convenience doesn’t come at a premium in these areas. Property prices in Bhandup, Kanjurmarg West, and Dahisar closely mirror those of Thane and Navi Mumbai, often failing within the range of 17,000-20,000 rupees per square foot of carpet area. This allows residents to enjoy exceptional connectivity and save time without exceeding their budgets.

Properties in Bhandup are spacious, modern, and competitively priced compared to Thane, yet closer to the city center. Kanjurmarg West offers spacious properties with the affordability of Navi Mumbai and a more relaxed charm. With its upcoming infrastructure projects and proximity to nature, Dahisar presents a unique value proposition, allowing residents to enjoy a comfortable lifestyle without breaking the bank.

The allure of these suburbs extends beyond just convenience. Bhandup has a vibrant community and excellent educational institutions, with its rising business district and access to Powai Lake, presenting a unique blend of urban development and natural beauty. With its lush green spaces and proximity to Sanjay Gandhi National Park, Dahisar provides a welcome sanctuary from the city noise.

Real estate developers are playing a key role in driving the development of these areas with growing investments in connectivity, road networks and public transport. To cater to the evolving needs of residents, developers are beginning to create mixed-use projects that combine residential, commercial, and recreational spaces- creating a vibrant and convenient living environment for young professionals.

These new developments also have significant implications for existing real estate owners and developers. As these areas continue to develop and advance further, owners can expect a potential property value increase and improved demand for rentability.

Mumbai’s real estate landscape has witnessed similar transformations in recent decades, with Andheri and Thane as prime examples. Andheri, which used to be a predominantly industrial area, has now morphed into a thriving commercial and residential hub due to  strategic infrastructure upgrades and evolving market dynamics. A similar transformation occurred in Thane, which transitioned from an affordable alternative to a vibrant city in its own right, fueled by enhanced accessibility and development projects.

These instances provide valuable insights into the upcoming trajectory of Bhandup, Kanjurmarg West, and Dahisar. They share common threads of connectivity, evolving residential needs, and attracting a demographic of young professionals and families.

These are not just alternative residential locations. They represent a paradigm shift in Mumbai’s real estate landscape. They offer a future where connectivity fuels efficiency, and affordable pricing doesn’t compromise quality of life.

Tags : Bhandup Kanjurmarg Dahisar paradigm shift Western Express Highway Goregaon-Mulund Link Road affordable connectivity young professionals rentability.