Suburban Mumbai Real Estate: Real Estate Hot Spot Series: Average cost of 3 BHK in this suburb of Mumbai is Rs 2.3 crore

In this week’s real estate hotspot series, we take a look at the Kanjurmarg-Bhandup locality in Mumbai. It is an established micro-market in the eastern suburbs of Mumbai with decent social infrastructure. The Kanjurmarg-Bhandup area is well connected with all the main areas of eastern and southern Mumbai through the central line and the Eastern Express highway.

It is 12 km from the airport, 1 km from the nearest train station and 5 km from the motorway.

The properties here are available in the range of Rs 11,800 to 20,700 per square foot. The average cost of a 1 BHK (636 square feet) is Rs 95 lakh and for a 3-BHK (1,516 square feet) it is Rs 2.30 crore.

Snapshot of the locality: Kanjurmarg-Bhandup, Mumbai
  • Micro-market established in the eastern suburbs of Mumbai with decent social infrastructure
  • Major social amenities nearby include the Indian Institute of Technology (IIT) Bombay, St. Xavier High School, and Fortis Hospital
  • Popular shopping malls nearby are R City Mall, Phoenix Marketcity, and Viviana Mall
  • Major employment centers in the regions include Ackruti Corporate Park and Bhandup Industrial Area
  • Good connectivity to all major areas in East and South Mumbai via the Central Line and the Eastern Express Highway
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Provided by BHK


Consumer preference by budget segment (Rs)


Consumer preference per covered area (sq. Ft.)

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  • 15+ schools
  • Hospitals 15+
  • 20+ restaurants
  • Banks 20+
  • 20+ grocery stores
  • 10+ fuel pumps

Source: magic bricks

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