Mumbai: Located in the suburbs of north-central Mumbai, Chandivali has speedily developed in a short time. Commercial capitals such as Andheri and Powai are connected to the eastern part of Chandivali which in turn is linked to the Jogeshwari-Vikhroli link road.
Focusing on the real estate market, 20% hike has been encountered in the property prices of multi-storey flats in July-September quarter as compared to April-June quarter where a 5% decrease in the prices were seen. Even the rentals of multi-storey apartments have been hiked by 19% during the same timeframe of April-June where the prices touched a low of 6%. 1 BHK flats are most demanded followed by 2 BHK; a common trend in Mumbai.
Situated between Andheri and Powai, Chandivali attracts consumers and customers in Bulk. “The floating workforce from neighboring areas constitutes a significant part of buyers,” says Preeti Badlani, Harmony Properties, a property consulting firm.
The price of residential flats in Chandivali ranges from Rs.12000 per sq ft to14000 per sq ft. Rental rate floats around Rs.20000 per month for a 500-650 sq ft 1 BHK,Rs.30000-40000 per month for a 2 BHK and above Rs.40000 for 3 BHK.
The areas around Chandivali are greatly developed both in infrastructure and basic necessities and is a plus for the residents of Chandivali. “Proximity to the international airport, the commercial hub — Hiranandani Complex (in Powai), and easy connectivity to Saki Naka and BKC also fuels the demand for properties in Chandivali,” says Sanjay Arr, Aaras Homes, a Mumbai-based property firm.займ на карту без отказов круглосуточновзять кредит онлайн
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