Why is Kurla a Strong Contender for Setting up Commercial Spaces in Mumbai?

Kurla

A bustling area filled with opportunities for investors, Kurla is tucked away amid Mumbai’s vibrant landscape. With its strategic location and unparalleled connectivity, developers and investors have started focussing on Kurla as their next option for commercial investment. Workspaces that are both near-possession and move-in ready are available for you.

Out of a stock of 4,402,110 sf of usable office space, 1,108,044 sf was leased and 42,650 sf was sold during the previous 12 months.

This blog explores why commercial properties in Kurla should be at the top of your investment portfolio. If you wish to take a look into more such properties in Kurla, visit FloorTap.

Kurla As a Commercial Hub in Mumbai

Commercial real estate in Kurla offers you excellent returns on investment. Several factors contribute to Kurla’s strategic appeal as a commercial real estate location. Here are some of them.

Location and Connectivity

Kurla has excellent connectivity to all areas of Mumbai. You can easily reach Kurla by the Central and Harbor Lines. With frequent train services throughout the day, commuters find it convenient to travel to and from Kurla. Its location at the intersection of the Eastern Express Highway and the Lal Bahadur Shastri Marg makes it accessible by road too. Kurla is around 6 km from the Mumbai International Airport.

Notably, the Bandra Kurla Complex (BKC) is located just a short 10-minute drive away. Known as the major corporate hub of Mumbai, the BKC is home to numerous offices of top Indian companies. These corporate offices in BKC foster a dynamic business environment. This has improved the scope for the creation of new commercial hubs in the vicinity. 

Infrastructure and Development 

Kurla has become a well-known business center attracting businesses across various sectors. The construction of green areas, trash management systems, street lighting upgrades, and beautification initiatives have all been implemented to enhance the urban environment. With these ongoing infrastructural projects and proposed developments, Kurla’s growth remains promising. 

Regarding the latest deal in Kurla, in December 2024 JN Commercial paid Rs.16,422 psf to acquire office space in the famous Art Guild House. 

Here are the most expensive buildings in Kurla.

BuildingsAverage Rental (Chargeable)
INR/sf
Equinox Business Park (Peninsula Technopark)190
Sunteck BKC51184
Art Guild House119
Phoenix Paragon Plaza
117

Unique Features

Kurla is renowned for its multicultural neighborhood, which combines residential and business spaces in a lively, energetic milieu. It offers the luxuries and amenities of a Central Business District (CBD) at a more cost-effective price. Additionally, Kurla is a major transportation hub connecting various parts of the city through its railway station.

Rental Yields

Commercial rental yields in Kurla have been experiencing a notable uptrend. This reflects the area’s growing stature as a prominent business destination within Mumbai. The increasing demand for office spaces, especially in prime areas like the Bandra-Kurla Complex (BKC), has driven up rentals. You may be able to make a substantial rental income on the commercial property you own here. 

Regarding recent leases, Puratos Food Ingredients India leased 6,693 sf at The Centrium for Rs. 102 psf t in December 2023. 

Here are the top 5 tenants who have rented office spaces in Kurla.

TenantsAverage Rental (Chargeable)
INR/sf
Gattefosse204
Brookfield Renewable Operating India204
M Moser Design Associates India198
Adform India194
Edelweiss189

Recommended Commercial Properties in Kurla

Kurla stands out as an exceptional investment destination for commercial properties. Its ideal location, easily accessible by roads and railroads, makes it a top option for companies looking for well-connected and practical office space.  With its potential for long-term appreciation and wealth creation, Kurla emerges as the ideal choice for investors looking to invest in Mumbai’s thriving commercial real estate market.

One of Kurla’s largest office complexes, Kanakia Zillion, provides office space for sale or lease. Visit FloorTap to view this and other similar properties.

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