Kandivali West in Mumbai is a lively neighbourhood blending homes and businesses. It offers a mix of apartments and houses, making it attractive for families and professionals. November saw a rise in home transactions with 92 sales, reflecting the festive season buzz. Sangam Emporio Towers and Skylon Suburbia led with 5 deals each. Prices ranged from Rs. 11,000 to Rs. 30,000 per square foot. Most flats sold this month were below 500 square feet. With 95 percent of sales below Rs. 2 crores, it's clear that Kandivali West is an affordable choice, ideal for first-time buyers or those looking to upgrade.
Kandivali West, situated in the western part of Mumbai, is a vibrant locality known for its diverse mix of residential and commercial spaces. This area strikes a balance between modern amenities and green surroundings, offering a pleasant living environment. From high-rise apartments to spacious houses, Kandivali West caters to various housing preferences. Families and professionals are drawn to the locality due to its well-established schools, convenient shopping options, and recreational spots. The presence of major roads and a railway line ensures easy connectivity, making it a favoured choice for those seeking a dynamic yet accessible neighbourhood in Mumbai.
In the month of November, Kandivali West registered 92 sale transactions which can be attributed to the festive season and increasing demand for housing options in the western suburbs. It included an equal mix of resale and developer sale. There were 55 distinctive buildings in Kandivali West who managed to exchange at least 1 flat during this period. Sangam Emporio Towers along with Skylon Suburbia closed 5 deals each which is the highest among other buildings in Kandivali West. This was closely followed by Tiara CHS, Mahavir Nagar CHS, Ashtavinayak CHS and Gauri Excellency who registered 4 deals each.
73 East has marked itself for the most expensive apartment sold in the locality for a total sale consideration of Rs. 3.30 crores. It also has the largest carpet area among the other buildings, measuring about 1,360 square feet. While on the opposite side of the spectrum, the smallest apartment has been sold at Parinee Essence which measures 290 square feet. The most affordable housing option can be found in Triveni Towers where an apartment was sold for less than Rs. 40 Lakh.
The rate per square foot in Kandivali West for the month of November ranged between Rs. 11,000 to Rs. 30,000 per square foot. The weighted average rate per square foot for the locality is approximately Rs. 18,200 per square foot.
While analysing flats sold as per the carpet area, it was found that more than half of the flats sold were below 500 square feet and 43% of the flats were registered in the 500-1000 carpet area range. Only 2 flats were above the 1,000 mark. This indicates that Kandivali West can be looked upon as an affordable option with people who want to buy their first home or are looking to upgrade. This view can be further solidified as 95% of the flats sold were below Rs. 2 crores and only a handful of flats sold crossed Rs. 2 crores.
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