In recent times, many home buyers are flocking towards Kanjurmarg region of Mumbai to invest in their dream home, hence making this area a sought-after realty hotspot. Located in east central Mumbai, Kanjurmarg is surrounded by areas such as Mulund, Powai, and Ghatkopar.
According to real estate experts, due to its well-developed social infrastructure and comparatively affordable average property rates, Kanjurmarg today has seen a lot of growth as compared to its neighbourhood areas.
The region also enjoys good connectivity to other areas via a thriving rail, road network. Kanjurmarg railway station is the main access point for IIT Bombay, KV Powai, NITIE, Hiranandani Gardens, and other locations in Powai. It is also the starting point for the Jogeshwari Vikhroli Link Road popularly known as JVLR which connects the Eastern and Western Express Highways.
Talking about the infrastructure, the region is home to many renowned schools, colleges, hospitals, corporate offices and IT parks making it the best place to invest. St. Francis Xavier High School, I.E.S Secondary school, IIT Campus School, Kendriya Vidyalaya, St. Xavier’s High School and Junior College are some of the famous schools that fall in the region. Also, people can have easy access to the Huma Mall, D-Mart and R-City Mall.
Real estate market of Kanjurmarg
The residential real estate market of the Kanjurmarg boasts several mid-range and luxury real estate projects. Many renowned real estate developers are coming to this region, making it a premium residential hotspot in east central Mumbai. The Great Eastern Gardens residential complex was the first residential property of Kanjurmarg. Apart from this, Gundecha Heights and Altura, Naval Dockyard civilian housing colony, Lodha Aurum Grandé are some of the known residential properties of the area. Premium projects like Runwal Bliss, Runwal Forests and Kanakia Spaces Zen World are also coming up here.
Kanjur Marg is also fast developing into a business district through some thoughtfully planned corporate campuses like OneWorld and Lodha iThink. Several other business zones like the Akruti Corporate Park, Eastern Business District, Supreme Business Park, Godrej, Accenture, and L&T have established their campuses nearby the region.