Overview of Kanjurmarg West, Mumbai

Location and Connectivity

Kanjurmarg West lies in the central suburbs of Mumbai and boasts a prime location and excellent connectivity. Nearby, you'll find important sights such as Mangatram Petrol Pump, LBS Road, and St. Xavier's School. This area is perfect for both residents and commuters.

Varied Property Types and Prices

• Apartments: Mainly apartments here come in different layouts.
  • 1 BHK: Ranging from ₹1.12 Crore to ₹1.35 Crore.
  • 2 BHK: Between ₹1.11 Crore and ₹2.1 Crore.
  • 3 BHK: From ₹1.84 Crore to ₹3.25 Crore.
• Average Property Rate per sq ft: It hovers between ₹20,407 to ₹27,250, fluctuating slightly depending on various sources and trends.

Price Appreciation

• Yearly Increase: Over the last decade, rates have noticeably gone up.
  • 9.25% in just one year,
  • 9.2% over three years,
  • 9.9% over five years,
  • 16.5% in the longer span of ten years.
• Price Range: The start is around ₹14,740 per sqft, peaking at ₹31,770 per sqft for the most expensive properties.

Amenities and Infrastructure

• Basic Amenities: Residents enjoy things like proximity to schools, hospitals, shopping centers, and petrol pumps.
• Modern Amenities: Many projects here feature amenities such as gyms, swimming pools, and security services.

Projects and Society Rates

• Noteworthy Developments: Key projects in the region include Runwal Forests, Gundecha Heights, and Mahindra Ge Gardens.
• Society Rates: Prices vary within different societies. For example, in Runwal Forests, rates range from ₹23,110 to ₹26,950 per sq ft.

Rental Opportunities

• Flat Prices: Monthly rent for a 2 BHK flat can vary between ₹34,000 to ₹66,000.
• No Brokerage Options: Currently, around 7 rental flats are available with fees waived, offered by landlords directly.

PropertyWala's Assessment

To sum it up, Kanjurmarg West shines as a top choice for both buyers and renters. Its strategic location, excellent connectivity, and diverse property options make it appealing. The rising property values present a sound investment potential. Residents benefit from modern amenities and easy access to crucial services, serving families and professionals equally well. For renters, the no-brokerage flats and a range of rental prices enhance the area's attractiveness. Keep in mind, however, to examine fluctuating property rates and trends thoroughly for making an informed choice.