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Developing Iconic and Exclusive Communities for Holistic Living

2024-11-15
Home Buying Guide

Are 3 BHK Flats in Dahisar a Good Investment?

A 3 BHK flat in Mumbai is an ideal home meeting all the needs of a family. A family with children can stay comfortably with space for guests they wish to entertain. Dahisar is a well known residential suburb in north Mumbai. 3 BHK flats in Dahisar are well designed with the best features and equipment to lead a comfortable life. Investing in these is a wise decision as they will fetch good rental returns and price appreciation in the long run. The following factors explain why the demand for 3 BHK apartments in Dahisar is high.

Connectivity

Dahisar is connected to all the major parts of Mumbai by road, railway, and the upcoming metro. The suburb boasts of excellent roadways that connect all the major hubs and the western express highway which extends as the Mumbai Ahmedabad highway. The metro network which is developing at a fast pace will improve Dahisars connectivity by several folds. Three lines Line 7 will connect Dahisar to Andheri East, 2A to Andheri West, and 2B to D N Nagar in Andheri West will make the suburb easily accessible to all the major economic hubs in Mumbai. Tenants and property buyers prefer locations with good connectivity for daily mobility. Investors can be assured of stable rental returns as well as price appreciation due to the connectivity advantage of Dahisar.

Social Infrastructure

A few years ago, Dahisar was primarily a residential area. Most students pursuing professional degrees had to commute every day to different parts of the city. In the present day, the suburb boasts of some of the best schools and colleges. Students do not have to commute so far. Dahisar also has some of the best healthcare facilities and shopping and entertainment zones today, allowing the locals to enjoy their freetime without travelling long distances. These are additional factors that make 3 BHK flats in Dahisar a good investment option.

Amenities

Buyers or tenants interested in 3 BHK flats in Dahisar will expect the best amenities. Although most new projects provide amenities like a fitness center, swimming pool, and childrens play areas, reputed builders also provide social amenities like lawns, clubs, and cafes within the project where residents can mingle and socialize. Home buyers would prefer such amenities which are commonly seen in flats in Dahisar East.

Investing in 3 BHK flats in Dahisar East is a smart investment decision considering all the factors that would attract tenants and new home buyers. Choosing a good project by a reputed developer is also an important factor for investors. Also, investors should make sure to complete all the due diligence before writing the cheque.



Home Buying Guide

Real Estate Terms To Know Before Investing

Investment in real estate is currently one of the most lucrative modes of investments. Dahisar is a suburb of Mumbai and is one of the upcoming real estate hubs in the city. Dahisar East has all the ingredients that any home buyer wishes for. It has the best connectivity, social infrastructure and a thriving urban life in the heart of the metropolis. Investing in a property in Dahisar East would be a lucrative decision assuring excellent returns. But before investing, investors must know basic real estate terms without which it would be very difficult to make informed decisions. Carpet Area The definition of carpet area remains the same for all the flats in Dahisar East. It includes: 1. The complete floor area covered in a carpet was to be laid on it. 2. The thickness of the walls between the rooms. 3. Staircase, if any, only inside the property. It does NOT include: 1. Area covered by the external walls. 2. Areas under service shafts. 3. External areas like the Balcony, veranda, terrace, and flower beds Built up Area. The Built Up area is the sum of the carpet area and the area covered by the separating walls and the balconies. The builtup area is usually 20% to 30% more than the Carpet area. An easy formula to calculate the Built Up Area can be: Built Up Area = Carpet Area + Thickness of the external walls + Balcony area + Exclusive Corridor area Super Built Up Area or Super Area A Super Built Up or super area is a total saleable area that includes the built up area and common areas like the staircase, lobby, corridors, lifts, and amenities like gardens and a clubhouse within the confines of the building property. So if you were to invest in 2 BHK apartments in Dahisar East the carpet area, built up area and super built up area are important terms to know. Loading Factor The difference between the propertys super builtup and carpet areas is known as the loading factor. To calculate loading factor, we use the formula: Super built up area = Carpet area *(1 Loading factor) So, if the loading factor is 1.3 then the 0.3 component of the loading factor constitutes the outer walls and amenities of the building. To make it simpler, it is also expressed as a percentage. If for instance, the loading is said to be 30 percent, it means the developer has added 30 percent of the carpet area to the construction. As per RERA (Real Estate Regulatory Act), the property prices should be based on the carpet area and not on built up or super built up areas. Developers often confuse property buyers with jargon. By understanding the key terms and their usage, investors can be assured of their investments in the upcoming property in Dahisar East. ...
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Home Buying Guide

3 Necessary Things to Know Before Buying an Apartment in Western Mumbai

The Mumbai real estate market is the largest and most prominent in India. Investing in an apartment in Mumbai is a lucrative opportunity for investors as well as home buyers. There are many projects for buyers to choose from in Mumbai. Buyers need to know the most important criteria while choosing their property. Their choices are personal and a one size fits all approach is not feasible for apartments. This blog discusses 3 necessary things home buyers should know before they invest in an apartment in Western Mumbai. Location and connectivity The location is by far the most important criterion to consider while buying an apartment anywhere, not just in Mumbai. It determines many things like the price, convenience, connectivity, and overall quality of life. Choosing a neighborhood that is close to the suburban station, bus stand or metro station favors people who commute daily. Less congested locations are preferred to reduce the vows of commuting in Mumbai. Locations prone to traffic congestion make movement stressful. The location should have easy access to schools, hospitals, and supermarkets for daily essentials like the projects in Dahisar. In western Mumbai, locations like are good examples of locations Dahisar, Bandra, Andheri etc, that meet the above considerations. Property Rates and Builder Reputation Western Mumbai is a large area and commands premium rates. Numerous projects are offering a variety of apartments at different prices and categories. Researching price trends will reveal locations and projects that fit in the buyers budget. The projects should be developed by reputed builders in Mumbai. Many projects in western Mumbai including flats in Dahisar, are being developed by reputed and unknown developers. Blindly believing the developer can be a risky affair. It is important to research the developer before investing in these. The projects should be RERA registered and known to deliver projects on time meeting the expected quality standards. If you are searching 2 BHK flats in Dahisar then make sure the amenities and facilities match the brochure. Features and Prospects The apartment should be scientifically planned with provisions for sufficient ventilation and lighting. The project should be well planned with proper security, basic amenities, and a healthy environment. The apartment project should have the facilities and amenities that meet the requirements of all the members of the family. Open green spaces, gardens, and pollution free environments ensure a peaceful atmosphere. The apartment is also an investment and should have good resale value. Upcoming infrastructure projects, better connectivity, and ease of congestion are good for the property ensuring long term appreciation. Upcoming business hubs, IT parks, and commercial development will appreciate the property value. These are the 3 necessary things to know before buying an apartment in Wester Mumbai. ...
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