Overview of Kalina, Mumbai

Location and Preference

Kalina, nestled in Western Mumbai, is a sought-after, desirable spot in the city. Fit within the esteemed area known as Santacruz East, it's a prime choice for both dwellers and investors.

Property Types and Availability

• Choices in Kalina span apartments, builder floors, standalone houses, and villas.
• Over 128 units are accessible in the area, primarily apartments found in various layouts and sizes.

Cost of Properties

• The average Kalina property price is near ₹24,814 per square foot. Ranges from ₹9,333 to ₹38,690 per square foot.
• For individual kinds, we find:
  • Apartments: ₹9,333 to ₹38,690 per square foot.
  • The usual price averages out to about ₹33,350 per sq.ft.

Rental Market

• There are rental flats, builder floors, standalone houses, and villas in Kalina.
• Renting ranges from:
  • ₹26,000 to ₹2 Lac monthly for flats based on size and furnishing.
  • Different societies have a varied average monthly rent from ₹64 to ₹111 per sq ft.

Cost Developments and Growth

• Kalina’s property rates are on an upward path:
  • Up 3.09% over the last 1 year.
  • Up 6.7% over the last 5 years, and a whopping 27.8% over the last 10 years for flats.
  • Builder floor rates climbed 15.4% in 1 year, 9.7% in 3 years.

Communities and Perks

• Kalina includes noted neighborhoods like Star Avenue Kalina, Pooja Enclave Kalina, Rizvi Utopia, Avenue 51, and more.
• These neighborhoods offer different amenities and living experiences, from upscale homes to modern lifestyles.

PropertyWala’s Final Thoughts

Investing in or choosing to live in Kalina, Mumbai, suggests a bright future in real estate. This area features an array of property options, a healthy upward trend in prices, and various amenities making it a highly desirable region. Its ease of access to other main areas in Mumbai along with its continuous development strengthens its appeal for lasting property investment and comfortable living. To ensure smart decisions, prospective buyers and renters must stay updated on market trends and evolving property rates.