Investors to Witness Huge Returns at Bandra Kurla Complex
Bandra Kurla Complex is considered to be the leading business suburb in Mumbai which is emerging as the commercial destination. BKC was developed by the MMRDA (Mumbai Metropolitan Region Development Authority) to deliver commercial setups to the businesses in South Mumbai.BKC is considered to be the major business district and base for financial services companies. It is backed by huge infrastructural growth. As per the semi-annual survey of Global Prime Office Occupancy Costs from CBRE, BKC is crowned with 15 th rank among the “Top 50 Global Prime Office Destinations”. For financial corporate firms, it is a leading commercial hub. Over the past decade, the stocks of commercial offices have grown up by around 300%.
The commercial developments also led BKC to residential augmentation. BKC has become popular due to several factors. Not just end users, but also investors are demanding for residential properties here. People from different parts of India decide to settle here for better job growth and opportunities.
BKC – The Investment Hotspot
Bandra Kurla Complex has well-regulated traffic conditions and fully developed infrastructure. The airport is located only 4 km from BKC. The residential areas enjoy great presence of two major schools like American School of Bombay and Dhirubhai Ambani International School. Both of these schools are located in Bandra – the high- end residential suburb. The location has well-established social infrastructure which features shopping malls, bus stops, metro station, hospitals, and restaurants within the radius of 3 km. The public transit here is ranked 4 out of 5 stars in locality rating from Magicbrics.com. So, BKC is considered to be easiest to commute.
If you are looking for a property from a reputed developer, be sure to invest huge as the property prices in BKC are ranging from Rs. 40,000 to Rs. 50,000 per sq. ft. In its new micro-market, Bandra East, the property prices range from Rs. 25000 to Rs. 35000 per sq. ft. According to the developer’s brand, amenities offered and exact location, the prices may vary. In BKC, the average capital values are ranging from Rs. 45000 to Rs. 55000 per sq. ft.
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