The document discusses the Bandra Kurla Complex (BKC) area of Mumbai as a prime business and residential destination. It notes that BKC has become India's top business destination, hosting many major banks, corporations and government offices. It also highlights that the residential property market in and around BKC, especially in Bandra East, is poised for transformation as many professionals and business elites relocate to the area from other parts of Mumbai. The document predicts that within the next 5-10 years, BKC will emerge as the most sought-after luxury residential area in Mumbai, surpassing other areas like Cuffe Parade.
3. About Bandra-Kurla Complex
• India’s top business destination
• A modern International Finance and Business Centre at a
central location in Mumbai
• Spread over 370 hectares
• Having government and private offices, Banks and Financial
Institutions, Diamond Bourse, Diplomatic consulates, Luxury
Hotels, Clubs, Convention and exhibition centre etc.
• Employment potential of over 400,000 professionals
• Centrally located with good connectivity to other parts of city
• Easy access to domestic and international Airport
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5. Banks/Financial Institutions
• ICICI Bank
• SBI
• Standard Chartered
• Bank of Baroda
• Bank of India
• SIDBI
• NABARD
• IL&FS
• Citibank
• Kotak Mahindra
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6. • Wockardt
• Lafarge
• L&T Info
• Lupin
• Suzlon
• IBM
• Dow Chemicals
• K. Raheja Corp.
Corporate Houses
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7. Government Institutions
• National Stock Exchange
• SEBI
• RBI
• Income Tax Department
• Sales Tax Department
• NABARD
• SIDBI
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8. • US Consulate
• British Dy. High Commission
• Consulates of :
– Australia
– New Zealand
– France
– Belgium etc.
• VSF Visa Centre
Diplomatic Enclave
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9. Diamond Bourse
Biggest Diamond Bourse in Asia
Spread over 20 acres with 8 towers of 9 floors
2500 offices
Trading Hall and strong rooms
Banks, restaurants and other facilities
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10. Mumbai Cricket Association Club
• One of the finest and most
elite club in India
• Contemporary design with
old world charm
• State of the art Indoor
cricket academy
• Other facilities
– Sports
– Dinning
– Recreation
– Accommodation
– Banquet
– Business Centre
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11. • Dhirubhai Ambani
International Schools, one
of the best schools in
Mumbai
• Arya Vidya Mandir
• American International
School
Schools
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12. Hospitals
– Asian Heart Institute
– Lilavati Hospital
– Hinduja Hospital
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13. Hotels
• Tirdent
• Grand Hyatt
• Sofitel
• Taj Lands End
• Bellagio (upcoming)
• MGM Grand (upcoming)
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14. Shopping and Entertainment
• Shoppers Stop, Linking
Road, Bandra
• Globus, Hill Road,
Bandra
• Phoenix Market City,
Kurla
– Largest Mall in
Mumbai
– Having best retail
brands
– Multiplex
– Multiple restaurants
with wide range of
cuisine
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15. • Domestic Airport
• International Airport
• Sea Link
Connectivity
– South Mumbai, Worli, Parel,
Prabhadevi,
• Western Express Highway
– Andheri, Goeregaon, Borivali
• Eastern Express Highway & LBS
– Mulund, Thane, Chembur, Navi
Mumbai
• Santacruz Chembur Link Road
(completed)
• Metro (Work Commenced)
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16. Developments in pipeline
• State of the art convention centre and commercial complex
having Exhibition Halls, Auditorium, Conference halls, Offices,
Shops, Multiplex, Mall, Hotel, Restaurants etc. being
developed by Reliance
• Bellagio and MGM Grand Hotel
• Luxury Mall by Maker group
• Ultra Luxury and Luxury residential developments by
Mumbai’s top developers
• Metro line - Colaba to SEEPZ via BKC (work commenced)
• Corporate Towers by Godrej-Jet, Adani Group, Reliance, Kotak
• Sports Complex
• Cultural Centre
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18. Following the path of Cuffe Parade
Cuffe Parade BKC/Bandra E
Developed by reclaiming land from sea Developed by reclaiming marshy land
Catering to the residential requirements
of Business and Financial districts of Fort
and Nariman point
Catering to the residential requirements
of Financial District of BKC and Diamond
Bourse
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Considered to be the most upmarket
area of Mumbai.
Emerging as the most upmarket area of
Mumbai. Likely to over take Cuffe Parde in
next 10 years.
Home to the rich and famous business
families
Home to the stalwarts of finance and
corporate world
Old development (over 50 years) with
some buildings requiring redevelopment.
Stress on infrastructure.
New Development with modern and
luxurious buildings having good
amenities. New quality infrastructure.
Luxury development started in 1960s -
Rate then was 100 psf. Current rate in the
range of 70,000 to 100,000 psf
Luxury Development started recently in
2010 - Rate was 18,000 to 20,000 psf.
Current rate 30,000 to 45,000 psf
19. All moving to BKC
• Nariman point has lost its status of Financial District as most
of the Banks and Financial Institutions have moved to BKC
• The Stock Market (NSE) and capital markets regulator (SEBI)
have also moved to BKC
• The US consulate, British Dy. High commission and consulates
of other countries have moved to BKC
• Stalwarts of Financial and Corporate world like Vikram Pandit
(Ex CEO of Citi Bank), Nimesh Kampani (JM Finance), Ashok
Wadhwa (Ambit group), Harsh Mariwala (Marico), Ashwin
Dani (Asian Paints), Gautam Adani (Adani Group) are also
making BKC their home
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20. BKC/Bandra E in next 5 to 10 years
• BKC will emerge as the most sought after luxury residential
destination in Mumbai for the who’s who of Finance and
Business world
• High quality infrastructure development like wide roads, well
regulated traffic, cycling tracks, landscaping etc. will lead to
better quality of life
• Luxury Hotels, High End Malls, Fine Dinning Restaurants,
Prestigious Clubs (like MCA), Cultural centre etc. will enhance
the life style and glamour content
• Most connected location of Mumbai with Roads, Railways,
Metro, Airport etc. (Bullet train to Abad will start from BKC)
• Likely to commend the highest per square feet rate in
Mumbai (replacing Cuffe Parade)
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22. Two Luxury Micro Markets serving BKC
• BKC
– Mostly Commercial
– Land belonging to MMRDA – Leased to developers for office space
– Residential development on periphery by Sunteck and Naman
– Large scale slum redevelopment by Omakar Group
– Ultra Luxury projects by prominent developers
– Rates very high – 40,000 to 50,000 psf
• Bandra East
– Mostly residential
– Redevelopment of residential colonies being under taken by reputed developers like Kalpataru,
Rustomjee etc.
– Wide roads with greenery and open space
– Well developed social infrastructure
– Good connectivity to Highway, Sea Link and Bandra West
– Rates in the range of 30,000 to 35,000 psf
• Bandra West
– Mix of both residential and commercial
– Luxury Area and a Glamorous location having an urban coolness
– Residential development coming up by reputed developers like Sheth Creators, Wadhwa Group etc
– Well developed social infrastructure
– Rates in the range of 50,000 to 60,000 psf
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24. Residential Apartments
Type Area Base rate Base cost Current Status Possession
1 3 BHK 2370 30000 71,100,000 Ready possession Ready for fit outs
4 BHK 3250 30000 97,500,000 Ready possession Ready for fit outs
2 3 BHK 2426 35500 86,123,000 Unnder construction Jul-15
4 BHK 3354 35500 119,067,000 Unnder construction Aug-15
3 3 BHK 1938 33445 64,816,410 Unnder construction Jun-15
4 BHK 3240 33445 10,837,800 Under construction Jul-15
4 2 bhk Awaited 27000 3.5 cr tentative Pre launch 208-19
2.5 Awaited 27000 4.5-5 cr tentative Pre launch 2018-19
3 BHK Awaited 27000 5.5-6 cr tentative Pre launch 2018-19
5 3 BHK 2406 27000 64,962,000 Pre launch 2018
4 BHK 2992 27000 80,784,000 Pre launch 2018
6 2 BHK Awaited Awaited Awaited Pre launch 2018-19
3 BHK Awaited Awaited Awaited Pre launch 2018-19
7 3 BHK 3200 36000 115,200,000 Under Construction 2015-16
8 4 BHK 4900 51020 250,000,000 Under Construction 2016
* For more information on above as well as other investment opportunities around BKC with lower ticket size kindly contact us.
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25. THANK YOU
For more details please contact:
Easy2ownEstate
307, Tirupati Udyog, I B Patel Road,
Goregaon (E), Mumbai, India
Tel: +91 22 26858310
Paresh Karia: +91 8879032111
paresh.karia@easy2ownestate.com
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