After Nariman Point and Fort, Bandra-Kurla Complex (BKC) has emerged as the biggest commercial hub in the last few years. As locations turn into large office destinations, residential property also evolves rapidly in the vicinity. This is also the main reason why people want to stay in BKC; due to the closeness of both commercial as well as residential spaces.
Diipesh Bhagtani, Executive Director, Jaycee Homes Limited, says, “The area has come up very well. Moreover, the rise in commercial centres and spaces at BKC has led to an increase in residential as well.
For BKC, a master plan has been created that consists of more commercial development than residential. 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.”
In terms of connectivity, BKC is very strategically located; proximity to retail outlets in Bandra West and LBS Marg and existence of good schools and hospitals has also benefited the area. Andheri and Goregaon in the west and Kurla and Ghatkopar in the central suburbs can be reached within a half-hour drive. The upcoming or completed residential projects are all targeted at the premium range of buyers.
Via : ET