Insight on Kurla West, Mumbai

Kurla West lies in Mumbai's central suburbs, attracting real estate buyers and renters alike.

Property Rates

• Average Price per Sqft: Property prices here range from ₹18,796 to ₹25,800 per sqft, varying by source and exact location.
• Price Range: Rates can vary, from ₹1,150 to ₹28,130 per sqft.
• Annual Growth: There’s seen growth in property prices, with a 12.9% increase over the past year according to various reports, though some mention a 3.6% rise.

Property Types

• Apartments: We can find 1 BHK, 2 BHK, and 3 BHK apartments here. A 1 BHK flat is priced between ₹72 lakhs to ₹1.15 crore. A 2 BHK starts around ₹1 crore to ₹1.8 crore.
• Villas and Houses: There are some villas and independent homes available.

Rental Market

• Rent Details:
  • 1 BHK Flats: Rents here range from ₹22,726 to ₹29,755 monthly.
  • 2 BHK Flats: Usually, rent ranges from ₹40,118 to ₹60,000 per month.
  • 3 BHK Flats: Monthly rents can go up to ₹71,651.
• Facilities: Many rentals include parking, gas, ACs, and modern kitchens.

Amenities and Access

• Infrastructure: Convenient to major spots like BKC, LBS Marg, and nearby shopping malls, schools, hospitals, and universities.
• Transportation: There’s easy access to the Kurla railway station and the Mumbai-Pune highway for commuters.

Trends in Prices

• Short-term Updates: We have seen a 3.6% increase over the past year and an 8.67% rise in the last 12 months.
• Long-term Changes: Over ten years, property prices have risen by 43.7%.
• Neighborhood Prices: Kurla West’s prices often compare well to neighboring regions like Kurla East and Ghatkopar East.

Notable Projects

• Prime Areas: Such as Premier Residencies, offering lower average prices per sqft around ₹14,175.
• Christian Gaon: Features high-end properties with higher average price per sqft at ₹16,345.
• Vinobha Bhave Nagar: Another sought-after area, with an average price per sqft of ₹14,954.

PropertyWala’s Final Thoughts

Kurla West balances affordability and luxury well, making it an attractive choice for both buyers and renters. Its excellent connectivity, amenities, and promising price trends indicate it’s a smart time to invest. You’ll find everything from small 1 BHK flats to large 3 BHK ones, fitting various budgets and tastes. To ensure a good decision, it’s best to watch market trends and check prices across different platforms.