Sunday, April 24, 2011

Residential Projects in Bandra Kurla Complex

The demand for residential property in Bandra Kurla Complex area of Mumbai is seeing a noticeable increase. This is mainly a result of the rise in popularity of residential complexes in commercial zones around the city, for convenience of proximity to workplace, less traffic and in turn saving time and money on the commute. Located between Bandra East in the west, Santacruz East in the north, and Kurla in the east, the Bandra Kurla complex marks its presence among the famous commercial locations in the metropolitan. With corporate giants like Reliance, ICICI Bank, CMC, NSE, Citibank, Asian Heart, NABARD, IL&FS, Bharat Diamond Bourse and the like, it also houses the technology park for the IT sector and the Mumbai Cricket Association’s cricket club.

The MMRDA has taken vital interest in the development of the area. Being spread across a huge area, parts of which are still being developed, the BKC has already equipped itself with some known restaurants and hotels, hassle-free means of transportation, well developed civil infrastructure with relevant sign boards, one of the best exhibition locations, hospitals, Mahim Nature Park, and educational institutions such as the Dhirubhai Ambani Internatinal School and American School of Bombay that are considered to be one of the top-notch international schools for quality education. It is situated reasonably close to the train station, Domestic and International Airports, as well as the Western and Eastern Highways. The Mumbai Metro project will have a number of stations near and within BKC to add to its connectivity to the rest of Mumbai.

Over 4,00,000 people are currently working in the various offices located in the Bandra Kurla Complex. Development of the E Block and G block where a new International Finance and Business Center is planned will bring in more employees than one can imagine now. Since, the BKC is one area which boasts of quality standards in amenities, infrastructure and activities, developers have felt the need to invest in high quality residential projects here.

Living in a place like BKC is surely a dream come true for anyone. Many developers are waiting to cash in on the commercial success of BKC by building residential projects in Bandra Kurla Complex that are at par with the living style and standard of the area. Developers are bound to capitalize on the infrastructure that is already in place, the no-hawker zone, and its connectivity. An investment here is a fantastic move for any smart investor, as it assures great appreciation as well as has a huge amount of prestige attached.

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