18 October,2023 04:29 PM IST | Mumbai | BrandMedia
Prrashar Kamra, Director at ASAP RealTech
ASAP RealTech is a leading 360-degree strategic partner for real estate developers in India, offering comprehensive services ranging from in-depth market intelligence and project configuration advisory to stressed project retrieval and robust sales expertise. With a remarkable track record spanning over three decades, ASAP RealTech has successfully delivered 100+ projects, generating a sales volume of over Rs.3200 crores.
Introduction
In the dynamic landscape of real estate investment in India, Bandra Kurla Complex (BKC) in Mumbai is emerging as a hotbed of opportunities, and the sector that's rapidly gaining traction is co-living and student housing. BKC, once an industrial area, has transformed into the city's premier business district as well as educational hub, attracting professionals, students, and entrepreneurs alike. This shift in demographics has created a unique demand for modern, convenient, and affordable housing options; co-living and student housing in BKC represent the next big real estate investment opportunity.
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The BKC Advantage
BKC's strategic location in the heart of Mumbai, well-connected transport infrastructure, proximity to corporate offices, educational institutions, and entertainment hubs make it a magnet for individuals especially students from affluent families seeking accommodation that suits their needs.
Co-Living: The Future of Urban Living
Co-living has gained immense popularity in recent years due to its unique concept of shared living spaces, community engagement, and the convenience it offers. BKC's diverse demographic, comprising working professionals, students, and even startups, is driving the demand for co-living spaces. Here's why co-living is set to thrive in BKC:
Student Housing: Meeting Educational Aspirations
The demand for quality student housing in BKC is soaring. With renowned institutions like NITIE and the Indian School of Design and Innovation (ISDI) in the vicinity, students from across the country flock to this area for education. Here's why student housing is a promising investment opportunity:
Investment Opportunities in BKC
The growing demand for co-living and student housing in BKC presents an attractive investment proposition. Here's how investors can tap into this opportunity:
Conclusion
Bandra Kurla Complex, Mumbai, is poised to become a real estate investment hotspot, and co-living and student housing are the rising stars in this vibrant market. The unique mix of corporate offices and educational institutions in BKC creates a diverse and dynamic population, all in need of quality accommodation. Investors who recognize the potential of co-living and student housing in this area can secure stable returns while contributing to the growth and development of one of Mumbai's most exciting neighborhoods. As BKC continues to evolve, these housing options will play a crucial role in meeting the diverse needs of its residents.
Authored By: Prrashar Kamra, Director at ASAP RealTech