Ask these 5 questions before buying a property in Kandivali ?
If you
are planning to buy a property in Kandivali, whether it’s a 1 BHK flat in
Kandivali east or 2
BHK flats in Kandivali West, there are some important things to keep in
mind before making the decision. Make sure you ask these
5
questions before buying a property in Kandivali:-
1. Is
Kandivali the best location to buy a property? Specially among the Mumbai-suburb region?
2. Are the properties in Kandivali surrounded by all the
necessary amenities for you and your family?
3.Is
this the right time to make an investment in Kandivali with recent property
trends?
4.Is your property RERA compliant?
Now that
you know what questions to ask, let us find out the answers to these
questions which may help you make the perfect decision.
Kandivali- A prime
property location in Mumbai
Kandivali
is located in North Mumbai divided into East and West as most of the other
suburbs in Mumbai. It is one of the oldest residential places which have seen
so much development and transformation in last decade or so. It is one of the
prime locations for buying or selling properties with more than hundred active
projects. This high demand and supply of real estate properties in Kandivali
are due to several factors like increasing urban population, attractive commercial
centers and its connectivity to major cities.
The high
population has led to the modernizing of cities like Kandivali. The urban
infrastructure, transportation facilities and quality of life has improved
remarkably. This has led to increased buyer interest in this area and everyone
wants to own a property in
Kandivali .
City amenities
The road
connectivity to major places like Bandra Kurla complex, Goregaon and Andheri
are available. The metro is supposed to make transportation better in near
future. There are many well-known schools like Cambridge school, Gundecha
Education Academy, Thakur International school. Several best hospitals like
Kokilaben Dhirubhai Ambani Hospital in Andheri is only 15 km from Kandivali
along with city hospitals. There are best of shopping complexes and malls to
cater your further needs. The Chhatrapati Shivaji Airport terminal is
approximately 40 minutes from Kandivali east or west. The city, therefore,
contains the necessary amenities to lead very satisfactory life.
Current property trends
Kandivali
is one of the fastest growing real estate markets in Mumbai. Current trend
suggests that there is high demand in Kandivali West with most buyers
interested in 1 BHK and 2 BHK flats in Kandivali West. The implementation of
RERA has given more power to the buyers and brought transparency and
accountability. This has increased the consumer confidence as well as
investment opportunities in Kandivali. The demonetization and the recent GST
along with RERA regulations has led to slightly lowered prices and reduced
resale value on Kandivali flats for sale. This shows that it is a
good time to invest in a property in Kandivali right now. The
various ongoing and upcoming residential projects in Kandivali West include
Mayfair Greens, Ruparel Palacio, Bhavya Heights, Acme group etc.
RERA compliance a must
RERA
which came into effect on May 1, 2017, in Maharashtra has made strict
regulations. It has ensured timely delivery of projects, better quality of
flats and standards and guidelines for builders to follow. There is a penalty
of 10 % as well for non-compliance with the act. Therefore, it is a must to
look for properties in Kandivali where the majority of all the properties are
RERA registered.
Future trends in Kandivali.
It is
difficult to project the future trends in real estate properties with the
fluctuating market and economy. But it is expected that the residential demand
will increase by the end of the year and the real estate sector will
restructure its business model quickly. This may indicate better prospects if
you choose to put your Kandivali flats for sale by the next year or so.
If you
are satisfied with the answers to the 5 questions and have decided to buy flats
in Kandivali, you can take the next step. Find a huge list of RERA compliant
properties, upcoming projects, and builders to choose your dream property in
Kandivali at Magic Abode. It is a leading real estate platform focused on
Maharashtra with 30 years of experience providing smart property solutions.
Visit http://magicabode.com/
Good Blog Share! Thank you for sharing that with me as I was looking for buying property in Mumbai.
ReplyDeleteThank You Naina!
DeleteNice and great article about the real estate service and the marketing in The real estate.
ReplyDeleteThanks Swami!
DeleteThanks for discussing about RERA compliance and will definitely remember this points while buying flats in Mumbai.
ReplyDeleteMy pleasure.
DeleteYour post contains all informative stuffs & the best thing blog has mentioned the main points. Keep up the good work.
ReplyDelete