Due to its central location and easy accessibility, BKC has steadily emerged as the go-to destination of every corporate giant., which has made it the most expensive office area in the city today.
The corporate clientele of BKC such as Google, IDBI, SBI, SEBI, NABARD and more, can be classified as high income earning, which means people working in these companies possess immense purchasing power. This raises the requirement for residences in the area, thus creating heavy demand.
Capital values in BKC have increased by more than 100% during the past two years. Luxury homes in BKC are likely to witness healthy rental demand, with average yields estimated at 4.2%, which is higher than most other locations in Mumbai.