Kamathipura, Mumbai Unveiled

Kamathipura, nestled in South Mumbai, is a vibrant and diverse area providing many real estate choices for buyers and renters alike.

Property Trends in Kamathipura

Prices for real estate in Kamathipura differ a lot. The average price for apartment space comes out to around ₹24,085 per square foot, with prices spanning ₹17,508 to ₹51,813 per square foot. Specific prices vary by society:

• Mount Kailash Apartments Dalal Estate: From ₹2.35 Cr onwards.
• Shelaji Avenues: Roughly ₹99 Lac each.

Real Estate Variety

Kamathipura blends residential with commercial spaces. If you're eyeing homes, expect to see apartments from 1 BHK up to 6+ BHK. To get a clearer picture:

• Apartments: Options here range from 1 BHK to big 6+ BHK units. These start around ₹70 Lac and can get as high as ₹99 Lac.
• Shops: For business, there’s shopping space beginning at about ₹40 Lac.

Nearby and Conveniences

Kamathipura is excellently connected and rich in amenities:

• Close to important sites like Kamathipura BMC Municipal School, Sir H. N. Reliance Hospital, and JJ Hospital Mumbai.
• It fits well in a broader urban plan, offering easy reach to schools, hospitals, and shopping.

Construction Happenings

Several projects are in play, like Nexsa Sky Vista. This one boasts under-construction 1 BHK and 2 BHK flats set to be ready by December 2031. They come with modern features and a monthly maintenance cost beginning at ₹25,000.

Renting Options Available

If you’re short-term focused, you’ve got options too. You can secure a fully-equipped 1 BHK apartment equipped with modern facilities for roughly ₹10,000 monthly.

PropertyWala’s Take

Kamathipura makes a solid option for both buyers and renters, offering varied properties fitting many budgets. Its mix of affordable prices, modern features, and great location makes it a prime choice for those looking to invest or call it home in Mumbai. Yet, it’s wise to be aware of these evolving property trends. Over the last year, prices dropped by a significant 13.72%, signaling it might be a smart move to look closer at buying or investing now.