Main Aim of BKC Bandar Karla Complex or commonly known as BKC is a fast growing commercial hub planned by the MMRDA or Mumbai Metropolitan Region Development Authority that help attract reputed business organizations for owning their own commercial properties in BKC for better business growth. BKC is regarded as the Secondary Business District or SBD in Mumbai city.
The space for office is around 12 million square feet and the closeness to the various trading places is easily accessible. Commercial Growth of BKC Various private as well as government offices, central and state, wholesale institutions, etc. have commercially developed in BKC. They also provide jobs to various people in and around their region.
Around 2 lakh people have benefitted with BKC, as they have a brighter, and secured future working with the various organizations located in BKC.With regard to commercial properties in BKC, each and every plan of the property is elegant and reasonable. If you once establish your organization in BKC, the profits are doubled as BKC itself has its own reputation and prestige.
If you are looking to invest in commercial properties and lease your office, BKC is the best place for the same. The rent you may get after leasing your office is also profitable. Due to the high demand for commercial properties in Mumbai have risen, commercial properties in BKC is not lagging behind.
The rent of each office is high. Reputed Industries in BKCVarious popular business organizations have invested in BKC by purchasing commercial properties. Many banks, IT companies, multinational organizations have also shifted to BKC for better business and profit.
This is the best area in Mumbai which can give you more space for your office compared to other office space. Various other commercial properties in BKC are occupied by Shopping Malls, modern buildings for office and other financial institutions. Rental Rates and Infrastructures in BKCDue to great demand, the rentals of the business properties in Mumbai have touched the roof suddenly.
The rental charges are considerably increased in BKC during the previous quarter with the rise of around 3% and it’s assumed that it can increase to 5% in every quarter. But, it is worth the money paid as rent as the superior infrastructures, such as roads with a link to Express Highway to the Eastern side gives a better connectivity between suburbs of Eastern, and Western Mumbai. The accessibility is easier as a result of better roads.
The amenities provided by each and every organization leasing their space is of world-class, eco-friendly and high-tech infrastructure makes the workplaces and commercial properties in BKC quite demanding.
The offices in BKC have big floor space, spacious parking and amazing infrastructure. Therefore, it is wise to invest money in the BKC commercial properties. Future Coming up Projects in Bache BKC properties are also high in demand owing to the various future projects coming up in there. Various projects by reputed institutions and companies are in the pipeline. It is assumed that these projects will be accomplished very soon in near future. The market of commercial property is believed to increase because of rise in the index of floor space in BKC by MMRDA. Therefore, this would help in stabilizing the capital of office and rental rates.
Hence, keeping in mind the future growth of your business, it is sensible to buy commercial properties in BKC which can be rented for more profit. Several office spaces for your business can also be advantageous due to the easy accessibility to various locations around BKC.