Hello there. After going through a few of the plot listings in the area, I found that the BKC land rate is around Rs. 765 per sq. ft. However, this is based on listings. BKC Is a premium area and there are certain aspects that come into play when you talk about the land price. Knowing them will help you assess the true value of the land. Let me describe them below.
What is the Land Rate in BKC?
Here are the property rates in BKC, Mumbai.
Property Type |
Land Area |
Approximate Rate |
Commercial |
130700 sq. ft. built area |
Rs. 765 per sq. ft. |
Commercial |
27990 sq. ft. built area |
Rs. 620 crores |
Residential |
3 acres |
Rs. 750 crores |
Remember that these are just plot listings in the area and the exact property rates differ based on many factors. I am mentioning them below.
Area: The plot with a larger area will cost more. Also, whether the land is even and well maintained or not will also impact the cost.
Location: The exact place where the plot is located in BKC matters. If there’s a main road close to the location, it’ll increase the plot’s rates to a great extent.
Position of the Land: Another factor that comes into play is the land positioning. Corner plots are priced differently compared to middle ones.
Market Trends: The current market rates also define the price of plots. So, keep an eye on that.
This is all I have to share with you. I hope you find the details helpful.
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Authors Of The Question
What is the Land Rate in BKC?
jivan
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1 Answers
50 days
2024-10-29T00:07:10+00:00 2024-10-29T00:07:14+00:00Comment
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