What Is New In Kandivali West

Kandivali, a north Mumbai locality, has taken a major leap towards development over the past decade. Both its eastern and western sides are prominent residential localities. While Kandivali East is one of the oldest localities known for its posh image, Kandivali West is vibrant realty market which has drawn homebuyers owing to commercial centres nearby.

Ruparel Realty, a renowned Mumbai based real estate developer, has recently launched two iconic projects in Kandivali West that has garnered the interest of many homebuyers.

PropGuide brings you an update:

Affordable housing demand in Kandivali West

Across the country, the demand for affordable housing and compact homes is increasing. Talking about Mumbai, the city has seen a healthy number of new launches of 1BHK homes in recent months with areas such as Goregaon, Andheri, Malad, Kandivali, Chembur and Matunga offering ample options. The serene suburban location of Kandivali West is on the forefront to witness this trend. Not only local developers, some major players are also eyeing the destination for their projects.

Ruparel Realty has launched the second phase of its premium project, Ruparel Optima in April this year. The gated complex spans 25 acres of area comprising 40 storeys and 604 units of 1BHK apartments sized at 320 sqft priced at Rs 53 lakh. The houses will be available for end-users under the Pradhan Mantri Awas Yojana (PMAY). The launch saw an overwhelming response from buyers as the company successfully sold its entire inventory in a week's time. Special payment plans with booking done at just Rs 1,00,000 was a key pull factor.

The managing director of Ruparel Realty, Amit Ruparel, said that the property has emerged as a major residential hub and will offer everything a buyer looks for in an affordable housing project.

Luxury properties in Kandivali West

Although Kandivali West is likely to see the growth of affordable housing, luxury properties in the region continue to attract investors. Ruparel Palacio is a high-end residential project launched by the developer in the locality with exclusive features. Covering an area of 0.51 acres, the project will be one of the first buildings in the city's western suburbs to provide two apartments per floor along with a private elevator for each apartment. There are 44 units of 2 and 3BHK luxury living spaces sized between 710 sq ft and 935 sq ft. The prices range between Rs 1.73 crore and Rs 2 crore.

Apartments under Ruparel Palacio can be booked by paying only one per cent of the value of the apartment at the time of booking. Attractive offers such as iPhone X on registration and five grams of gold voucher on payments made by swiping credit or debit cards have been announced by the developer. Speaking at the event, Amit Ruparel said, "The ever-evolving Indian consumer has an affinity towards having the finest experience across various walks of life and we recognise the same. With Ruparel Palacio, we have tried to provide our buyers with the best amenities while ensuring they have a luxurious experience.”

Peek into the neighbourhood

Both the gated communities have many modern amenities and are nestled close to several infrastructural facilities including malls, restaurants, schools and healthcare centres. Linked via Western Express Highway and Western Railway, the locality has easy accessibility from the railway station, public transportation and upcoming Kandivali Metro. Airports are reachable via S V Road. Kandivali West is also close to the busy commercial complexes of Bandra Kurla Complex (BKC), Goregaon and Andheri.