Kandivali is a northern Mumbai suburb. Because of local discoveries of Stone Age artefacts, this city’s history is assumed to go back to that era. Since then a lot has changed in this locality. The real estate market has also seen many ups and downs during this time. Today the property rates in Kandivali have been at their peak as people prefer to live in Mumbai suburbs. Check out the article to get insights on the latest property rates and 1,2, and 3 BHK flat rates.
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Property Rates in Kandivali
Kandivali is split into two parts: the east and the west, like the rest of Mumbai‘s residential neighbourhoods.
The western side has seen significant growth in terms of housing complexes, community amenities, and lifestyle amenities.
As a result, 1 and 2 BHK apartment configurations in Kandivali are more expensive.
Apartments typically feature units that are 640 – 5,000 square feet in size, with an average price of Rs 21,764 per square foot.
Kandivali East is indeed a sought-after residential area as real estate in Kandivali gains popularity.
In the east, the approximate annual apartment price per square foot is Rs 18,719, which is significantly less.
Nikhil Naikhare, Homebazaar.com VP said, “The Kandivali property market is currently experiencing a robust demand, reflecting the area’s increasing popularity among homebuyers and investors. The rising demand for properties in Kandivali signifies growing confidence in the neighbourhood’s potential for both residential and investment purposes, making it a dynamic hub within the Mumbai real estate spectrum.”
The property rates in Kandivali tend to increase in upcoming years as the demand for the residential sector is rising.
Real Estate Overview of Kandivali
It is believed that Candolim, an east Indian hamlet, gave its name to the Kandivali railway station, which was built in 1907.
When the region was being quarried for the renowned Malad stone at the time, a factory and a few officer housing units were constructed.
Among well-known buildings back then are the David Sasson Library, the Bombay House, and the Western Railway building.
Currently, the area is relatively near the Western Express Highway. During the 1900s famines, Kandivali experienced a significant influx of migrants.
There are still a handful of East Indian households in Kandivali. After the First World War, a large number of Gujaratis moved to the western edge of the railway station.
Malad-Andheri Link Road, Western Highway, and Mulund-Goregaon Link Road are important thoroughfares that connect Kandivali to the majority of the city.
Upcoming metro line 2 connectivity will ease travel in future.
Major workplaces like BKC, Andheri and Goregoan are easily accessible from Kandivali.
All these factors are responsible for growing property rates in Kandivali.
Kandivali Property Rates Per Square Feet
Investors as well as end users have a great benefit from Kandivali because it has undergone such considerable transformation and expansion over the past 20 years. The property rates in Kandivali have also seen a great change in these years.
Here is a list of Kandivali Property rates per Square feet wise.
Localities | Kandivali Property Rates Per Square Feet (Avg) |
Near New Link Road | Rs 21,613 |
Samata Nagar | Rs 29,554 |
Charkop Gaon | Rs 18,830 |
Off Akurli Road | Rs 28,488 |
Thakur Village | Rs 26,054 |
Dahanukar Wadi Road | Rs 21,839 |
Near Hanuman Nagar | Rs 19,647 |
Padmaba Nagar | Rs 25,000 |
Near Mahavir Nagar | Rs 35,096 |
Near Boraspada Road | Rs 23,323 |
Old Link Road | Rs 23,292 |
Near Shankar Lane | Rs 24,722 |
Ambedkar Road | Rs 26,616 |
Mahatma Gandhi Nagar | Rs 23,292 |
Lokhandwala Complex | Rs 25,606 |
1 BHK Flat Rates In Kandivali
Here is a list of 1 BHK property rate in Kandivali.
Localities | 1 BHK Flat Rates In Kandivali |
Near New Link Road | 64L – 1.08Cr |
Samata Nagar | 88L – 1.47Cr |
Charkop Gaon | 56L – 94L |
Off Akurli Road | 85L – 1.4Cr |
Thakur Village | 78L – 1.3Cr |
Dahanukar Wadi Road | 65.51L – 1.09Cr |
Near Hanuman Nagar | 58L – 98L |
Padmaba Nagar | 75L – 1.25Cr |
Near Mahavir Nagar | 1.05Cr – 1.75Cr |
Near Boraspada Road | 69L – 1.16Cr |
Old Link Road | 69L – 1.1Cr |
Near Shankar Lane | 74L – 1.23Cr |
Ambedkar Road | 79L – 1.3Cr |
Mahatma Gandhi Nagar | 69L – 1.1Cr |
Lokhandwala Complex | 76L – 1.2Cr |
2 BHK Flat Rates In Kandivali
Here is a list of 2 BHK property rates in Kandivali locality-wise.
Localities | 2 BHK Flat Rates In Kandivali |
Near New Link Road | 1.18 – 1.9 Cr |
Samata Nagar | 1.6 – 2.6 Cr |
Charkop Gaon | 1 – 1.6 Cr |
Off Akurli Road | 1.56 – 2.5 Cr |
Thakur Village | 1.4 – 2.3 Cr |
Dahanukar Wadi Road | 1.2 – 1.96 Cr |
Near Hanuman Nagar | 1- 1.7 Cr |
Padmaba Nagar | 1.3 – 2.2 Cr |
Near Mahavir Nagar | 1.9 – 3.1 Cr |
Near Boraspada Road | 1.2 – 2 Cr |
Old Link Road | 1.2 – 2 Cr |
Near Shankar Lane | 1.3 – 2.2 Cr |
Ambedkar Road | 1.4 – 2.3 Cr |
Mahatma Gandhi Nagar | 1.2 – 2 Cr |
Lokhandwala Complex | 1.4 – 2.3 Cr |
3 BHK Flat Rates In Kandivali
Here is a list of 3 BHK property rates in Kandivali.
Localities | 3 BHK Flat Rates In Kandivali |
Near New Link Road | 2 – 3.2 Cr |
Samata Nagar | 2.8 – 4.4 Cr |
Charkop Gaon | 1.78 – 2.8 Cr |
Off Akurli Road | 2.7 – 4.2 Cr |
Thakur Village | 2.4 – 3.9 Cr |
Dahanukar Wadi Road | 2 – 3.2 Cr |
Near Hanuman Nagar | 1.86 – 2.9 Cr |
Padmaba Nagar | 2.3 – 3.7 Cr |
Near Mahavir Nagar | 3.3 – 5.2 Cr |
Near Boraspada Road | 2.2 – 3.4 Cr |
Old Link Road | 2.2- 3.4 Cr |
Near Shankar Lane | 2.3 – 3.7 Cr |
Ambedkar Road | 2.5 – 3.9 Cr |
Mahatma Gandhi Nagar | 2.2- 3.4 Cr |
Lokhandwala Complex | 2.4 – 3.8 Cr |
FAQs
Is Kandivali East a posh area?
There are many gated communities in the upscale neighbourhood of Kandivali. This part of Mumbai is renowned for having excellent access to the city’s other areas. One of the key factors in the area’s rapid growth is its social infrastructure. |
Which is the best area to buy a house in Mumbai?
According to recent reports, Andheri, Virar, Kandivali, Chembur and Goregaon are the best areas to buy a house in Mumbai. |
How much does a flat cost in Kandivali?
The avg flat in Kandivali costs Rs 21,000 per square feet. |
What is the price of a 2 BHK flat in Kandivali?
The avg 2 bhk flat costs Rs 1-1.7 Cr in Kandivali. |