Introduction
Bandra Kurla Complex (BKC), considered one of the leading commercial areas in Mumbai, is one of the most sought-after areas in Mumbai. Sound road connectivity and an array of infrastructure will contribute to the increasing demand for residential properties in the Bandra Kurla Complex. Answering why you should invest in the Bandra Kurla Complex, OpenPlot offers some important insights.
Table of Contents
- Top Five Reasons to Invest in Bandra Kurla Complex
- Bandra Kurla Complex Property Options Are Available
- Nearby Employment Zones
- Connectivity Factor
- Social Infrastructure
- Increase of Almost Four Percent
If you are looking to invest in premium real estate in Mumbai, the Bandra Kurla Complex (BKC) is a fruitful option. The reason is that, despite being known for its commercial real estate, the region offers a wide range of residential properties in the premium budget segment. Past market trends and the presence of business centers contribute to property demand in the region. Additionally, there are spacious and luxurious properties in the area.
Top Five Reasons to Invest in Bandra Kurla Complex
In recent years, Mumbai has emerged as a beacon for premium real estate demand across the country. According to Knight Frank’s latest report, there has been significant demand for registrations for premium real estate. This growth trend has strengthened regions like Mumbai and BKC as potential investment hubs.
Moreover, a variety of factors make locality worth investing in. Bandra Kurla Complex offers strong reasons to be an investable real estate destination in Mumbai. From previous price trends to locality, social infrastructure, and what people are saying about upcoming developments, every aspect reflects BKC’s potential as an investment hotspot.
Bandra Kurla Complex Property Options Are Available
In terms of real estate demand, the Bandra Kurla Complex has luxury apartments and commercial properties. The presence of excellent social and retail infrastructure, along with good road connectivity to other parts of North and South Mumbai, are prominent driving factors.
According to OpenPlot listings, Bandra Kurla Complex will have 2 BHK and 4 BHK residential apartments ready in the premium price segment. Several well-known and indigenous developers, including Suntech Realty, Naman Group, and Kanakia Space Realty, have launched their residential projects in the area.
Nearby Employment Zones
Bandra Kurla Complex is identified as the Central Business District (CBD) in Mumbai. Many multinational companies have their offices here. Apart from these business complexes, there are several employment zones.
- Kohinoor and Neelkanth business parks are within five kilometers of this area
- Waterstone and Sai Samarth Business Parks are seven kilometers away.
- Mirinda, Hammersmith, Nandagopal, Manoj, and Bindal Industrial Estates are within eight km of BKC.
There are employment zones around this area. These zones make the Bandra Kurla Complex a preferred residential hub for working professionals. Such preferences will increase future demand for residential real estate in the local area.
Connectivity Factor
Another important factor that helps determine whether a locality is viable for real estate investment or end-use is its connectivity nexus. The Badra Kurla Complex is located five kilometers from the Eastern Express Highway. It is four kilometers from the Western Express Highway. It ensures good road connectivity to Mira Bhayandar and Thane.
Now let’s take a look at some prominent landmarks and their distance from the Bandra Kurla Complex:
- Chhatrapati Shivaji Maharaj International Airport is seven kilometers from here.
- Kurla Railway Junction is two kilometers away from BKC via New Mill Road.
- Chembur station is about five kilometers away on Mumbai Monorail Line 1.
- Jagruti Nagar is six kilometers from BKC on the Mumbai Metro Blue Line. This area connects to Versova and Ghatkopar.
Social Infrastructure
Being the most developed area in South Mumbai, BKC is easily accessible to social infrastructure in or around the area. Many educational and medical institutions are available nearby. Additionally, residents can easily reach some of the popular marketplaces in and around the area. Let’s look at some of the nearby social amenities:
| Hospitals | Schools | Marketplaces |
| Sai Sanjeevani Hospital | Uzma English School | Valkola Plaza |
| Endeavour Hospital | Indigo Global School | Phoenix Marketcity |
| Nanak Hospital | Vasudev C Wadhwa Arya Vidya Mandir | Link Square Mall |
| Asha Pediatric Hospital | Ascend International School | Patil Shopping Mini Mall |
| CritiCare Asia Hospital | Oceano High Schools | Jio World Plaza |
Increase of Almost Four Percent
Neighboring Bandra West saw an increase of almost four percent more than that. The region has seen a nine percent increase in property prices over the past year. This provides positive opportunities for investors who wish to invest in BKC to invest in long-term returns.
The average apartment price in the Bandra Kurla Complex is Rs. 42,150. 2 BHK apartments in the BKC are priced at Rs. 2.82 crores. Let’s take a closer look at the recent price trends in the Complex to understand the investment potential of the area:
| Average price | Last 1 year | Last 3 year |
| Rs 42,150 per sq ft | 9.50% | 10.20% |
Conclusion
Looking at the property price trends of the last five years, the existing social infrastructure and upcoming developments indicate the potential of the Bandra Complex for real estate investment. However, it is an option for those who want to invest. For more information, visit Openplot.
Also read: Luxury Residential Markets in the World: Mumbai Ranks Among the Top 10