Why Investing in Commercial Properties in Kalina Is a Smart Move?

Kalina is a suburb located in central Mumbai, bordered on one side by Santacruz and on the other by Bandra Kurla Complex (BKC). Mumbai University, one of India’s oldest universities, is located in Kalina. Kalina offers an abundance of prospects for investors owing to its thriving economy and expanding commercial landscape. The market, formerly known as Kole-Kalyan, is reportedly drawing attention because of this proximity to Bandra Kurla Complex.

Recent data show major lease activities in Kalina. Out of a total stock of 1,767,465 sf of office space, 24,6386 sf was leased out in the last 12 months.

Let’s examine the factors that make Kalina an ideal location for commercial real estate investments. Visit FloorTap.com to look at office spaces for lease or sale.

What Makes Kalina Suitable for Commercial Real Estate Investments?

For investors looking for steady earnings and long-term growth, Kalina presents an ideal setting thanks to its advantageous location, strong infrastructure, and developing business community. Here’s why you should consider investing in commercial properties in Kalina.

Location and Connectivity

Kalina is close to that it’s close to important business areas like Andheri, Santacruz, and Bandra-Kurla Complex (BKC). These are home to a large number of financial institutions, enterprises, and multinational organizations. For companies wishing to establish a presence in Mumbai, its central location makes it an extremely desirable option.

The area offers easy access to important routes like the Santacruz-Chembur Link Road and the Western Express Highway. This enables smooth transportation both within and outside of Mumbai. The suburban train network connects Kalina, and stations like as Santacruz and Kurla, offering easy access to other regions of Mumbai. Additionally, proposed Mumbai Metro Line 3 (Colaba-Bandra-Seepz) is expected to improve its connectivity even further. Also, the Chhatrapati Shivaji Maharaj International Airport is located just 6 km away from Kalina.

Infrastructure and Development

Kalina has witnessed a significant growth in its infrastructure, with new office buildings, retail stores, and commercial complexes being built. In addition to meeting the growing requirements of businesses, this infrastructure has raised the value of nearby commercial properties, making it a desirable investment opportunity.

Let’s have a look at the most expensive buildings in Kalina.

Unique Features

Kalina’s reputation as a center for education is one of its most distinctive qualities. It is the location of the University of Mumbai’s expansive Kalina Campus. This campus is home to numerous academic divisions, research facilities, and administrative buildings.

Rental Yields

Kalina offers commercial premises with high rental yields. The region houses numerous industries, including manufacturing, healthcare, retail, information technology, and banking. The rising number of SMEs and startups has raised demand for commercial real estate. Thus, rental yields have increased.

In a recent transaction, Sekura Energy paid Rs. 208 per square foot in January 2024 to lease 9,032 sf of office space at the Windsor House.

Here are the top five tenants in Kalina who have leased office space.

Recommended Commercial Properties in Kalina

With potential for growth and success, Kalina has developed into a thriving business hub. The real estate market in Kalina is seeing a notable increase in property values. By making an investment now, you may secure significant future returns. Some of the highly recommended commercial properties in Kalina that are perfect for office spaces are Dani Corporate Park (Sheil Estate) and Harbhajan Building.

Regardless of your role as a broker, renter, or landlord, FloorTap connects you with commercial real estate stakeholders for efficient decision-making.