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Kanjurmarg East is a locality situated along the Eastern Express Highway, is becoming an attractive option for investors. The reason for this is the rising property prices in the area. The capital values have seen an appreciation of 46% in the last two years. The average capital values which were Rs 10000/sq-ft in 2012, have now reached Rs 14600/sq-ft. At present, one can find 1/2/3BHK apartments in the price range of Rs 70 lakh to Rs 2.5 Cr.
Yes Praveen, Strategic location, affordable values, presence of IT companies and easy connectivity, has pushed up the demand, adding to the upward movement of capital values. High property values in Powai, Vikhroli, Mulund East and Ghatkopar West have led to a shift of buyers from these areas to Kanjurmarg east. They prefer this area because it is comparatively affordable.
But as far as its connectivity is concerned this locality has easy connectivity to the rest of Mumbai is an added advantage. Kanjurmarg East is the starting point for the Jogeshwari-Vikhroli Link Road (JVLR) which connects the eastern and western express highways. Besides, the area is also accessible through the Lal Bahadur Shastri Road. JVLR helps in easy commuting to the Mumbai International Airport, situated at a distance of about 29 km from here.
Hi, Here are the few best project in Kanjurmarg, Mumbai. Lodha Celestia by Lodha Group offers 2/3BHK residential apartments. 2BHK in 1161 sq-ft. 3BHK 1638 sq-ft. current price per sq-ft is Rs. 13000. Possession - December'2015.
Lodha Aurum Grande near Kanjurmarg Railway Station offers 2/3 BHK residential apartments. 2BHK from 1161 sq-ft. and 3BHK from 1368-1600 sq-ft. and the current price is Rs. 13250/sq-ft. Possession date march'2015.
Runwal Forest by Runwal Group offers 1/2/3 BHK residential apartment. 1BHK from 725 sq-ft., 2BHK from 1025-1200 sq-ft.and 3BHK from 1525-1750 sq-ft. Their current price is between Rs. 10750-11800/sq-ft. Date of possession will be Feb'2018.