Demand for housing in Bandra Kurla Complex is increasing
Next to Nariman Point and Fort, Bandra-Kurla Complex (BKC) has emerged as the biggest commercial hub in the last few years. As more office complexes are coming up in the place, demand for residential properties in Mumbai also increasing in the place.
For Bandra Kurla Complex a master plan has been created that consists of more commercial development than residential complexes.
Several schools, commercial complexes and hotels are expected to come up here in the near future. The rates for the residential areas start from Rs 15000 to nearly 35,000 just on the carpet area.
As BCK is very strategically located and has a better connectivity to retail outlets in Bandra West and LBS Marg and existence of good schools and hospitals has also increase the demand for residential properties in the area.
The real estate analysts found that BKC and off-BKC locations have the most obvious requisite of an ideal place to reside. The place is very close to the workplace yet away from the peak time hustle as in the case of other commercial locations of Mumbai.
To read more real estate news:
Commercial Property Has Strong Demand over the last few quarters
Mumbai has11 lakh square feet of unoccupied office space
Source: Economic Times
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