Your Search for Flats for Sale in Kandivali East Ends Here. Read to Find Out More

Kandivali East is a suburban neighbourhood located in the western part of Mumbai, Maharashtra, India. It is one of Mumbai's rapidly developing regions and is considered a residential and commercial hub. Kandivali East is divided into two major areas- Thakur Village and Lokhandwala Township. Kandivali East is well-connected to other parts of Mumbai via the Western Express Highway and the suburban railway network. It also boasts of several schools, hospitals, and recreational facilities, making it an ideal place to live and work.

Kandivali East has witnessed significant growth in recent years, with the development of various infrastructure projects such as the construction of the Mumbai Metro Line 7 and the Dahisar East-Andheri East Link Road. The area is also home to several IT parks, making it a popular destination for young professionals. So, what enhances the area's real estate market, and should you consider investing in flats in Mumbai?

Reasons to Invest in a 2 BHK in Kandivali East

1. Excellent Connectivity

Kandivali East enjoys excellent connectivity to other parts of Mumbai. The neighbourhood is located close to the Western Express Highway, which connects it to Mumbai's central business district and other key locations. The upcoming Mumbai Metro Line 7 will also pass through Kandivali East, providing residents with a convenient and efficient mode of transport. Additionally, the neighbourhood is well-connected to the suburban railway network, with the Kandivali Railway Station located just a few minutes away.

2. Growing Commercial Developments

Kandivali East is home to several commercial developments, making it a popular destination for young professionals looking for flats in Mumbai. The neighbourhood has several IT parks, including the Mindspace Business Park and the Nirlon Knowledge Park, which are home to several multinational companies. This has created a high demand for 2 BHK in Kandivali East, making it an excellent investment opportunity.

3. High-Quality of Life

Kandivali East offers a high quality of life, with several amenities and facilities located in the neighbourhood. There are several schools, hospitals, and shopping malls located in the area, making it an ideal location for families looking for 2 BHK in Kandivali East. The neighbourhood is also known for its green spaces, with several parks and gardens offering a peaceful retreat from the busy city life.

4. Strong Rental Yield

Investing in a 2 BHK in Kandivali East can also offer strong rental yields. The neighbourhood’s growing commercial developments and high demand for flats in Mumbai have led to an increase in rental rates. Additionally, the neighbourhood’s excellent connectivity and high quality of life make it a popular location for young professionals and families, further increasing the demand for rental properties.

5. Competitive Pricing

Compared to other popular neighbourhoods in Mumbai, such as Bandra or Juhu, Kandivali East offers more competitive pricing for residential properties. This makes it an attractive location for investors who are looking for good value for money. Additionally, the growing commercial development make it an ideal location for families and young professionals, further increasing its investment potential.

6. Future Growth Potential

Kandivali East is a rapidly developing area with several infrastructure projects in the pipeline, such as the Dahisar East-Andheri East Link Road and the Mumbai Metro Line 7. These developments are expected to further improve connectivity and accessibility, making it an even more desirable location for investors looking for flats in Mumbai. Additionally, the proximity to other rapidly developing suburbs it an ideal location for future growth potential. Investing in a 2 BHK in Kandivali East can offer long-term benefits and potential appreciation in property value.

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Mumbai is a wealthy and vibrant city with a solid social infrastructure, which adds to its allure. You can discover amenities supporting your active and sociable lifestyle at Mahindra Lifespaces’ flats in Mumbai, where you can maintain good mental and physical health. Stay tuned for an upcoming 2 BHK flat in Kandivali East by Mahindra Lifespaces where you can experience life in perfect equilibrium. Wake up each day to the warmth of the sun's rays flowing in through your balcony, which has roomy rooms and balconies.

Chennai based Real Estate Portal Organises the Digital Plots Fair in Chennai

The Chennai based real estate portal findbhk.com is organising an online plots selling festival in the month of August with huge offers and discounts from plot promoters across the city for 15days. Around 50+ plot promoters are expected to participate in the online fair with unheard discounts and offers for immediate bookings.

Decade back Chennai witnessed an uptick demand for flats in the IT corridor starting from Velachery to Kelambakkam but this demand has now shifted towards land buying.Post pandemic the buying trend of investors and self use buyers shifted to residential and commercial lands. The number of online search queries for plots in Chennai has seen +23% change in the past two months.

Millennials with real estate knowledge are choosing real estate products to diversify their investment portfolio and in specific they are choosing plots in the range between 500 and 1000sqft as an investment option. Since Millennials looking it as an investment option they are very much comfortable in buying in the outskirts of the city in the price bracket of 1500 2500 rupees per sqft. They buy and hold it for 4 to 5 years and dispose of it for higher returns.

To cater to this demand, both local and national real estate companies are launching gated community plots with at least 10+ amenities with minimum 5 years of free maintenance. New launches are primarily focussed on the IT and ECR corridor and in the periphery of the city like Chengalpattu , Arakkonam and Kanchipuram.

Though the city is seeing new launches every week from prominent developers the demand for plots in OMR is still unbeatable and stable.The number of enquiries generated on findbhk.com website for South Chennai parcels are 40-50% higher than Chennai west in any given month. One of the reasons being said for the stable demand in south Chennai is the quick loan approval for IT employees in the corridor compared to Chennai west and other parts.

The objective of this online fair is to help the Chennai buyers to discover new projects easily with an attractive UI coupled with offers and discounts to accelerate their buying decision with loan options from prominent lenders. These offers from sellers are time bound and dynamic and will be available only for a limited period and is exclusive on findbhk.com

CommonFloor Launches 'Retina', World’s First Virtual Reality Innovation In Real Estate

 

CommonFloor.com, India's leading online real estate platform introduces CommonFloor Retina, world's first virtual reality innovation in real estate that is available to the masses. This technological breakthrough offers 'real' property experience for the seekers allowing them to view/review/assess multiple properties from anywhere at any point of time.

Commenting on the launch of the biggest technological innovations witnessed by the real estate world, Sumit Jain, Co-founder & CEO, CommonFloor.com, said, "As a new-age online realty player, technology and innovation are part of our core DNA. Property buying demands huge time and financial investment by the buyer and it is our constant endeavour to create tools and technology that makes property search easy for the consumer and gives them a wow experience. CommonFloor Retina is a result of one such quest that adapts technology smartly to the consumer's advantage."



Lalit Mangal, Co-founder and CTO, CommonFloor.com said, "We believe in making strategic investments in building cutting edge technology. This product is pegged to be a game changer in the real estate industry in India and globally. We will work closely with the builder community to scale-up the number of projects listed, thereby helping property buyers to choose from as many projects that may want to visit."

JC Sharma, Vice Chairman and Managing Director, Sobha Limited, "CommonFloor has been instrumental in transforming the way we view properties. Their latest introduction, CommonFloor Retina is indeed commendable. This state-of-the-art technology product will enable our customers to take a virtual tour of the property they wish to see in the comfort of their home. It allows them to experience both the interiors and exteriors of the property in an interesting manner and saves a lot of time, especially if one need to choose between several properties."

To use CommonFloor Retina, a user simply needs to sport the headgear to experience virtual tour of the property of his/her choice. This offers buyers an unforgettable experience and insights about the property from the perspective of space and ambience among other features.

The simple magnet on the headgear acts as a navigation tool. The App also saves the builders the cost and space to construct a model apartment. "It is an interesting product that can help a home buyer visualize the building and apartment under consideration in greater depth. It should be useful to customers who cannot be physically present at the property location before buying, and also to people who have already purchased a property and want to share it with their family & friends," said Vyoma Pandit, Senior DGM, Marketing, Brigade Group.

Launched in 2007 by Sumit Jain, Lalit Mangal and Vikas Malpani, CommonFloor.com has the largest number of property listings with more than 1 lakh residential projects listed on their platform from over 200 cities. The platform has already mapped 10M homes and is committed to map every property in India on its platform. The Company has a team of 1000+ employees and their constant endeavor is to get the best talent to work with them.

Property Listings Startup NoBroker Raises $3 Million From SAIF Partners & Fulcrum Ventures

Bengaluru-based peer-to-peer property listings startup NoBroker has raised a $3 million Series A round of funding from SAIF Partners and Fulcrum Ventures. The startup will use funds to expand its services to more cities beyond Mumbai and Bangalore.

The startup last year raised an undisclosed seed round from Saurabh Garg, an angel investor who co-founded the Four Fountains Spa chain.

Nobroker is a new home rental platform that makes it easier to find your new home without paying any brokerage by contacting the owners directly. The startup wants to reach 20 cities in India in two years.

Founded by a team of IIT Bombay and IIM Ahmedabad graduates - Amit Agrawal and Akhil Gupta, Nobroker was started because of a belief that paying hefty brokerage can not be the only option to find a new home. As tenants, people in India are paying these brokerages year on year without seeing any advantage of the broker. The only reason he existed was that there was a huge information asymmetry in the market. Nobroker is a platform that removes this information asymmetry and provides a marketplace for free exchange of this information that used to cost 1-2 months of rent as brokerage.

NoBroker also provides users with a template to generate their own customised legal document for each rental. Currently, it has operations in Mumbai and Bangalore. It claims of having 5,000 listed properties in Mumbai alone.

The founders of NoBroker believe that their formula has the potential to work overseas, but, for now, they are focused on the Indian market. They will use the funding to expand the service’s presence. There’s no immediate goal, but Agarwal said he is aiming to reach 20 cities in India in the next two years.

Housing.co.in Raises $2.5 Million Funding from Nexus Venture

Housing.co.in a Mumbai based startup has grabbed a good amount of $2.5 million funding from Nexus Venture Partners, the website allows its users to search, find or list properties and unlike to most of the real estate portal like in India where most of the (probably all) portal are simple listing based websites it has unique style of displaying search results and listings.

We have missed publishing anything about this startup on IndianWeb2, it's different to other portals of its niche and has very smooth, simple and intuitive interface comparing to other real estate portals in India. The portal currently allows its users to search or list properties for major real estate booming cities of India that is - Gurgaon, Bangalore, Mumbai, Pune and Hyderbad. The startup also provide Housing Android App for mobile and that is also very crisp and intuitive as well.

I must confess that after a long time I have seen a startup from India which have done out of ordinary effort in UX (User Experience) part and intuitive interface with minimalist approach of design given a call of tough competition to other established portal of real estate arena of India.

Users such as property agents or brokers can list their properties once they subscribe to the service for a small fee. Other users can search, find and filter properties both for buying or rentals/lease absolutely free of cost. User can also filter out results based on property size, (number of bedrooms), location and other amenities at property.

In a span of a year the startup has grown quite exponentially as the daily unique visitors grew from around 1000 visitors/month in June 2012 to around 18K unique visitors/month in May 2013. Even more the company size has grown from 12 people working for startup to 215 employees from now on.



The Portal has shown tremendous capabilities with much slick and simple real estate search and break the ice of traditional search that other real estate portals are carrying for almost a decade.

Suvir Sujan, Co-founder , Nexus Venture Partners, says, "The Housing team is disrupting online search for home buying and renting in India like never before. We were very impressed with the vision, passion and speed of execution of the founding team and we are excited to partner with them".