The Rise of 3 and 4 BHK Apartments in Kandivali
Bhavik Bhandari, CSMO, Ashwin Sheth Group
In the vast tapestry of Mumbai’s real estate landscape, Kandivali is emerging as a vibrant canvas that is drawing the attention of both homebuyers and investors alike. This thriving suburb has recently witnessed an unprecedented surge in residential demand, particularly for 3 and 4 BHK apartments. According to data analyzed by Knight Frank India, in March 2023, the Western suburbs of Mumbai commanded a staggering 62% share in sales registrations. This remarkable uptick in demand isn’t merely a transient blip; it signifies a fundamental shift in the preferences of today’s discerning homebuyers. As we delve deeper into the factors driving this surge, it becomes evident that Kandivali is poised to become a prime residential destination within Mumbai’s ever-expanding real estate market.
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