Are you looking for a place to invest your hard-earned money in Mumbai? Look no further than Kanjurmarg – a fast-growing suburb in the city that has caught the attention of real estate investors and home buyers alike. With its strategic location and affordable property rates, Kanjurmarg offers a promising investment opportunity, especially for those seeking low budget flats.
Situated in the eastern part of Mumbai, Kanjurmarg is known for its excellent connectivity to major business districts like Powai, Vikhroli, and Bhandup. Its proximity to the Eastern Express Highway and the upcoming Goregaon-Mulund Link Road has further improved its accessibility.
But what makes Kanjurmarg truly special is its peaceful surroundings, greenery, and abundance of open spaces – a rarity in a city known for its hustle and bustle. Here are some of the major reasons you must consider investing in Kanjurmarg.
Strategic Location
Kanjurmarg is located in the eastern part of Mumbai, making it well-connected to major business districts like Powai, Vikhroli, and Bhandup. Its proximity to the Eastern Express Highway and the upcoming Goregaon-Mulund Link Road has further improved its accessibility.
This means that residents of Kanjurmarg can enjoy easy access to the city’s commercial and financial hubs, as well as its entertainment and shopping destinations.
Abundance of Open Spaces
Kanjurmarg is known for its greenery and abundance of open spaces, which is a rarity in a city known for its hustle and bustle. The suburb is home to several parks and gardens, including the prestigious Mangrove Garden and the popular Jogeshwari Caves Garden.
In addition, Kanjurmarg is situated near the Sanjay Gandhi National Park, which is one of the largest national parks in the world located within city limits. This means that residents can enjoy a peaceful and serene environment that is perfect for relaxation and rejuvenation.
Growing Infrastructure
Kanjurmarg is witnessing a surge in infrastructure development, which is expected to further improve its connectivity and livability. The Mumbai Metro Line 6, which will connect Kanjurmarg to Lokhandwala, Jogeshwari, and Andheri, is currently under construction and is expected to be operational by 2023.
In addition, the Goregaon-Mulund Link Road, which will provide a direct link between Kanjurmarg and Goregaon, is expected to be completed soon. These infrastructure projects are expected to boost the demand for real estate in Kanjurmarg, making it a promising investment opportunity.
Proximity to Business Districts
Kanjurmarg’s proximity to major business districts like Powai, Vikhroli, and Bhandup makes it an ideal location for professionals working in these areas. It is home to several corporate parks and office complexes, including the Kanjurmarg Business Park and the Lodha iThink Techno Campus.
Its strategic location and excellent connectivity make it a convenient location for businesses looking to set up shop in Mumbai.
Affordable Property Rates
Despite its strategic location, Kanjurmarg has managed to remain relatively affordable compared to other Mumbai suburbs like Andheri and Bandra. This makes it an attractive destination for investors looking to buy low budget flats in Mumbai without compromising on location, connectivity, or quality of life. Property rates in Kanjurmarg are expected to appreciate in the coming years, making it a promising investment opportunity.
Investing in low budget flats in Kanjurmarg is a smart move for anyone looking to invest in real estate in Mumbai. With its strategic location, affordable property rates, excellent connectivity, abundance of open spaces, and upcoming infrastructure developments, Kanjurmarg offers a promising investment opportunity. With its potential for appreciation and strong rental demand, Kanjurmarg is definitely worth considering for your next real estate investment.
