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6 Reasons Why Kurla East Will Give You an ROI

Blox Social
Posted on
Apr 17, 2023

If you are looking for a place to live or invest in Mumbai, you might want to consider Kurla East, a well-developed neighbourhood in the city's eastern part. Kurla is one of Mumbai's oldest and most diverse suburbs, with a rich history and culture. It is also a major commercial and residential hub, with many amenities and attractions for residents and visitors alike.

Did you know? Kurla gets its name from the East Indian village of Kurla, originally called "Kurli", meaning crab, as these were found in abundance in the nearby marshy lands. Today, Kurla is a bustling neighbourhood with a population of over 7 lakh people belonging to various communities and religions. As is evident, Kurla East is the eastern section of the Kurla neighbourhood, with Kurla West located on the other side of the Central Railway line. Mainly a residential area, Kurla East is now undergoing rapid development in line with world-class residential and urban infrastructure found in other hubs of Mumbai. 

Whether you are looking for a spacious flat, a cosy house, or a commercial space, you can find it all in Kurla East.

Here are some reasons why you can expect a good ROI on your property in Kurla East.

  1. Strategic Location: Kurla East is located in the heart of Mumbai, close to major business hubs, educational institutions, hospitals, and entertainment centres. These include the likes of Andheri, Chembur, Ghatkopar, and Vikhroli. You can easily access BKC, Andheri, Powai, Ghatkopar, and Thane from Kurla East. 
  2. Top-Notch Connectivity: Kurla East is well-connected to other parts of Mumbai by road and rail. It is close to major highways like the Eastern Express Highway and the Santacruz-Chembur Link Road, which connect it to the airport, the business hubs of Bandra-Kurla Complex and Andheri, and other suburbs. It has the Lokmanya Tilak Terminus (LTT), one of the major railway terminals for outstation trains. It also has a railway station that is part of the Central Line and the Harbour Line, which links it to South Mumbai, Thane, Navi Mumbai, and Panvel. You can easily commute to your workplace or access various amenities from Kurla East.
  3. Affordable Prices: Compared to other suburbs in Mumbai, Kurla East offers affordable property prices that suit your budget. You can find a range of options from 1 BHK to 3 BHK apartments, starting from INR 60 lakhs to INR 1.5 crores. The average price per square foot in Kurla East is INR 16,622, which is much lower than the city average. Thus, the opportunity is right to purchase a property at low prices and earn a huge profit on it later.
  4. High Rental Demand: Due to its strategic location and affordability, Kurla East attracts a lot of tenants who work or study nearby. You can expect a high rental income from your property in Kurla East, as the average rent per month ranges from INR 17,500 to INR 1 lakh, depending on the size and amenities of the apartment. 
  5. Appreciation Potential: Kurla East has registered a steady appreciation in property prices over the years due to the increasing demand and limited supply of residential units. The property rates in the city have also grown by over 9% since 2022, indicating huge potential for ROI in the future – whether you rent or sell your property in Kurla East! Thus, you can expect a good capital gain from your property in Kurla East in the future.
  6. Quality Lifestyle: Kurla East offers a quality lifestyle for its residents, with modern facilities. You can find reputed developers such as Godrej Properties, Shapoorji Pallonji, Lodha Group, and Kalpataru Group offering premium projects in Kurla East with features such as a swimming pool, gymnasium, clubhouse, landscaped garden, security system, and parking space. You can also enjoy the benefits of living close to nature, as Kurla East is surrounded by green spaces such as the Mithi River and Mahim Nature Park.

These are some of the reasons why a property in Kurla East will give you an ROI that you can be proud of. To conclude, Kurla East is a neighbourhood that has something for everyone. It is a place where tradition meets modernity, where diversity meets harmony, and where convenience meets comfort. It is a place that is constantly evolving and improving, with many new developments and projects underway.

Kurla East has a high demand for residential and commercial properties due to its strategic location, connectivity, and development. It is truly one of the fastest-growing suburbs in the city, with excellent infrastructure and amenities. The locality attracts buyers and renters from various segments, such as professionals, students, families, and businessmen. The rental yield and capital appreciation in Kurla East is also lucrative. You can earn a steady income from your property or sell it at a profit in the future.

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