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Real Estate Forum on Property Rates In Kamothe

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Q: What are the future prospects of buying a property in Kamothe (Mansarovar)?
Latest Answer: There is a strong demand for 1 and 2 BHK flats in this belt. The location is near the highway as well as the railway station so accessibility is in place. There is an MGM Hospital and lots of shopping and eating out options. The depot will come up shortly and CIDCO too is going to develop this place further. That apart, the availability of low-budget flats has brought a huge chunk of population to make Kamothe their home. In the last year itself, the properties here have witnessed an appreciation of Rs 1000-1500 psf. Currently, the rates here are in the range of Rs 6000 psf and the momentum in this micro-market is extremely encouraging.
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