In 2025, Kanjurmarg has emerged as a promising destination for real estate investment in Mumbai. With its strategic location, enhanced infrastructure, and a surge in pre-launch residential projects, investors are keenly eyeing this suburb. This blog delves into the advantages of investing in pre-launch projects near Kanjurmarg, highlighting key developments and offering insights to potential buyers.
Why Kanjurmarg is Gaining Traction
1. Strategic Location
Kanjurmarg’s proximity to major business hubs like Powai, BKC, and Andheri makes it an attractive option for professionals. The upcoming Metro Line 6 and Eastern Freeway further enhance connectivity, reducing commute times and increasing the area’s appeal.
2. Infrastructure Development
Significant infrastructure projects, including the Goregaon-Mulund Link Road (GMLR) and the Metro Line 4, are underway. These developments are expected to boost property values and make the area more accessible.
3. Affordability Compared to Neighboring Areas
While areas like Powai and Vikhroli have seen a rise in property prices, Kanjurmarg offers more affordable options without compromising on amenities and connectivity. This price advantage makes it an attractive choice for first-time homebuyers and investors.
Top Pre-launch Projects Near Kanjurmarg
1. Runwal Avenue
Runwal Avenue, located in Kanjurmarg East, offers 1, 2, and 3 BHK apartments with sizes ranging from 368 to 804 sq.ft. Priced between ₹1.09 Cr and ₹1.95 Cr, the project boasts amenities like a business center, high-end medical facilities, and proximity to the upcoming Metro station.
2. Runwal Bliss
Situated in Kanjurmarg East, Runwal Bliss offers 1, 2, and 3 BHK apartments with sizes ranging from 330 to 1,154 sq.ft. With prices starting at ₹1.09 Cr, the project features sky gardens, wellness zones, and play areas, making it ideal for families and professionals.
3. Kanakia Zenworld
Located in Kanjurmarg East, Kanakia Zenworld offers 1, 2, and 3 BHK apartments with sizes ranging from 418 to 959 sq.ft. Priced between ₹1.11 Cr and ₹2.76 Cr, the project emphasizes wellness with features like meditation zones and rooftop decks.
4. Arkade Earth
Arkade Earth, situated near Kanjurmarg station, offers 1, 2, and 3 BHK apartments with sizes ranging from 447 to 1,143 sq.ft. With prices starting at ₹1.11 Cr, the project focuses on sustainability with green building practices and energy-efficient systems.
5. Aadi Allure
Located in Purshottam Godbole Marg, Kanjurmarg East, Aadi Allure offers 1 and 2 BHK apartments with sizes ranging from 458 to 732 sq.ft. Priced between ₹1.12 Cr and ₹2.15 Cr, the project boasts modern amenities and a strategic location near key business districts.
Investment Potential and Returns
1. Capital Appreciation
Kanjurmarg has witnessed a 16.7% increase in property prices over the past five years, indicating strong capital appreciation potential. The ongoing infrastructure developments are expected to further boost property values in the coming years.
2. Rental Yields
While rental yields in Kanjurmarg may be slightly lower than in premium areas like Powai, they offer a balanced risk-reward ratio. The area’s growing demand for residential spaces ensures a steady rental income for investors.
Tips for Investing in Pre-launch Projects
1. Research the Developer’s Reputation
Ensure the developer has a track record of delivering projects on time and maintaining quality standards. Reputed developers like Runwal Group and Kanakia Spaces Realty have established credibility in the market.
2. Verify RERA Approvals
Check if the project is registered under the Real Estate (Regulation and Development) Act, 2016 (RERA). RERA registration ensures transparency and protects buyers’ interests.
3. Understand Payment Plans
Pre-launch projects often offer attractive payment plans, such as construction-linked or possession-linked schemes. Evaluate these plans to choose one that aligns with your financial situation.
4. Assess the Project’s Amenities
Consider the amenities offered by the project, such as security, parking, clubhouse, and recreational facilities. These amenities enhance the living experience and add value to the property.
5. Evaluate the Location’s Growth Prospects
Analyze the area’s development plans, infrastructure projects, and connectivity to determine its future growth potential. Kanjurmarg’s strategic location and ongoing developments make it a promising investment destination.
Source : Fulinspace.com
