Thursday, August 4, 2011

Residential Properties – BKC

It cannot be denied that materialization of the Bandra Kurla Complex changed the location completely in terms of real estate. Being one of the few planned areas in Mumbai, BKC enjoys wide roads, clean and marked infrastructure, beautifully designed commercial complexes, and the realty spotlight! Not only is it one of the nicest areas to work in the city, but the emergence of major commercial activity and companies has lead to an increased demand for residential properties in BKC. With an already convenient location, it is undoubtedly a prime spot for construction activity; be it commercial or residential.

Housing the big corporate brand names such as ICICI Bank, Citibank, Reliance, NSE, CMC, Asian Heart, NABARD, Bharat Diamond Bourse, IL & FS, Dow Chemicals, SEBI, UTI, SIDBI, and a number of well known IT companies, the Bandra Kurala Complex is the first ‘growth centre’ promoted by the MMRDA, created to assist in avoiding concentration of offices and commercial activities in South Mumbai. The area already boasts of a number of great restaurants, such as California Pizza Kitchen, the luxurious Trident Hotel, Mumbai Cricket Association (MCA), exhibition locations, hospitals like Asian Heart Institute, and top of the line educational institutes like the American School of Bombay and the Dhirubhai Ambani International School.

About 400,000 odd professionals work in the BKC area. The connectivity of BKC to other parts of the city is pretty amazing thanks to its proximity to three railway stations, namely Sion, Bandra Terminus and Kurla’s Lokmanya Tilak Terminus, which is another boon for professionals working here as well as residents from the area. The Mumbai Metro too is going to have four stations in and around BKC. In addition to all this, it is located fairly close to the Domestic and International airports via the western express highway, which makes it a dream location for white collar professionals that live a jet set life.

Projecting the ideal location for residential properties, BKC already has quite a few housing options for investors. BKC offers a clean, safe, modern environment with great amenities. With quality infrastructure already in place, it is bound to see some good times ahead as far as appreciation in real estate is concerned. The residential projects in BKC will definitely be state of the art, with endless amenities to meet all the requirements of today’s demanding buyer.

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