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2022-10-26
Real Estate Trends

Dahisar Real Estate Trends

Dahisar is a rising location in Mumbai with respect to the real estate industry. The potential that the region has shown with the new residential properties being constructed over these recent times, makes it come into the limelight for people who are looking for affordable homes.

There current trends in real estate in Dahisar are mentioned below:

Employment hubs near Dahisar:

The demand for flats in Dahisar East has increased over time because of the proximity it has to different work sectors like the Mira Road MIDC, The Wadhwa Techno Park, the Mindspace in Malad, the Infinity Park, NESCO IT park, Nirlon Knowledge park and so on. These micro-markets make up a big portion of the working-class people who require a stay close to their workplace for easier travel and saving personal time.

Social amenities in Dahisar:

Alongside the proximity to the workstations, you also require all the facilities that are required by you and your family in the daily routine. Dahisar has a well-developed section of social amenities with educational institutes like Singapore International school and Rustomjee Cambridge. There are healthcare facilities like HCG Cancer Center, Pragati multi-specialty, Life Care, and much more. There are multiple sports clubs like Mandpeshwar Civic Gymkhana and many more.

Physical Infrastructure of Dahisar:

Dahisar has good connectivity to the other regions of Mumbai like Goregaon, Thane, and Andheri via the Western Express Highway. The Dahisar Railway station is close by which can take you easily to anywhere in Mumbai. The Mumbai International airport is 19 km away and there is a 25km long elevated corridor proposed to be made on the Western Highway to ease the traffic issues.

Price trends in Dahisar:

Residents in Dahisar have decent rental returns on their properties which are expected to rise in the coming years after the availability of the metro lines. The development of flats in Dahisar East brings the estimated price range of homes in the bracket of INR. 1 – 1.5 Cr* based on the configurations of the homes.

Reasons to invest in Dahisar:

Over these last few years, the overall development progress of Dahisar has been very good, which creates the real estate market to flood in more projects there. This will eventually cause the price range of homes in Dahisar to rise given the demands of home buyers increase. This makes an excellent reason to invest in Dahisar now, which could bring you a great resale rate in the future.

So, in conclusion, Dahisar could become the most sought-after location in Mumbai and make your lifestyle as luxurious as the one you would get in the most expensive localities otherwise. Make a wise choice of getting the benefits by investing less now and getting the best soon.



Real Estate Trends

Why Does The Housing Demand Spike During The Festive Seasons?

Buying a home is a big step in a persons life. For an Indian, it is one of the major milestones. It is an expectation, a responsibility that they must fulfill to hold a standing in the social and cultural structure. Buying ones own home is also a very auspicious occasion and warrants the blessings of the Gods. What better time to buy your home than the festive season? The major purchase done with Gods blessings becomes ideal for instilling positive vibes for new beginnings. Several other factors contribute to the overall spike in demand for housing during the festive season. Dahisar is an upcoming suburb of Mumbai that has witnessed the development of many new projects in recent years. Cultural aspect Festivals are occasions of positive atmosphere and general well-being amongst families and relatives. They are a time when families celebrate new beginnings and relive old traditions. The festival cheer creates a positive outlook and acts as a catalyst for making big decisions to make the most of the auspicious times. This is when most Indians prefer to take that leap of good faith and make big purchases like buying a home. The positive belief of a prosperous future for the families is reassured by making these major investments. Financial Benefits Most developers and builders are aware of the festive sentiment that buyers have. To give a final push to the leap projects in Dahisar East offer attractive discounts. These discounts save significant sums of money that the buyers can think of investing or using to decorate and design their new homes. The benefits are in the form of reduced prices, tax waivers, or additional amenities that appeal to new home buyers. These offers entice many buyers to make the move. Market factors Most developers plan their residential projects in Dahisar East in a way that the launch can be during the festive season to make the most of demand. This increases the competition leading to better deals and attractive offerings. The buyer has a wider choice in terms of sizes, configurations, and locations of different flats in Dahisar East. Festive seasons often witness a surge in exhibitions, trade shows, and real estate fairs. Prospective buyers can get all the information they need about multiple projects under one roof with easy comparisons. It is also a chance for them to strike lucrative deals with the project representatives and seal profitable deals. All these factors fuel the demand for new home purchases. Tax Incentives and Benefits Governments and financial institutions introduce special benefits and waivers to home buyers to push the overall demand for flats in Dahisar East. Reduced interest rates, discounts on charges associated with property registration and tax exemptions, etc. are some of the benefits offered. These act as an additional appeal to potential home buyers. The festive cheer and sentiment encourage the entire real estate ecosystem to get into action to increase property purchases. In India, the festive season that lasts for a few months sees the maximum purchase and investment in residential properties. ...
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Real Estate Trends

Exploring The Top Residential Areas in Mumbai

Mumbai is the largest real estate market in the country. The Mumbai property market is expanding at an unprecedented pace. There is a rise in demand for residential property in the metropolis buoyed by major infrastructure development. Currently, there are 9 metro line projects under construction. These metros will increase connectivity allowing easier commutes for working professionals. The development is poised to increase construction activity across all the localities in the city. Several micro-markets are already emerging in anticipation of the new metro lines to be operational. There is a greater focus on developing luxury projects that offer superior amenities as the financial power of buyers is increasing. All these factors make Mumbai one of the most lucrative property markets to invest in. The megapolis is seeing major construction activity across all suburbs and pockets. Some of the most popular residential areas are discussed below. Dahisar Dahisar is a northern suburb in the Mumbai Metropolitan Region (MMR). Once a sober suburb, there is a surge in new projects in Dahisar in recent times. Although the suburb is well connected by road and rail to other parts of the city, two new metro lines that are under construction will enhance the ease of commute for its residents. The social infrastructure is also developing at a fast pace to keep up with the ever-growing influx of home buyers. Due to these reasons owning property in Dahisar can be the best investment decision. Most reputed developers are now constructing luxury flats in Dahisar East compared to budget flats which was the norm a few years ago. The 2 BHK apartments in Dahisar are preferred by most home buyers. Mira Road The suburb next to Mira Road is Dahisar and it has attracted the same attention. Mira Road too is seeing upcoming metro projects that will improve its connectivity to the heart of Mumbai. The past few years have seen a surge in occupancy in the suburb shooting the property prices here. This also has seen tremendous growth in social facilities and leisure locations for young families that settle here. Mira Road can be a good option for investment in budget and premium brackets of residential properties. Thane Known as the satellite city of Mumbai, Thane is one of the prime locations that has seen immense real-estate development over the past decade. The city offers one of the best lifestyles that combines the hustle and bustle of the metro with a green and peaceful environment. With excellent facilities for living a comfortable life to fast developing connectivity and infrastructure, Thane offers a wholesome living experience. Navi Mumbai Panvel and Kharghar are two locations that promise good returns on property investments. The accessibility of Panvel to the upcoming international airport, infrastructure development projects, and low property prices make it a strong contender for investments. Kharghar is known for its lush green parks, wide roads, and well-planned infrastructure. For long-term investments, Kharghar is a good option as the property prices are comparatively low compared to locations in central Mumbai. Vasai Virar The property prices in Mumbai can be overwhelming. It commands the highest real estate prices in the country, and everyone cannot afford it. Vasai-Virar offers affordable options for investors who have budget restrictions. It is well connected to Mumbai, has ample facilities required for a family to thrive, and offers good choices for leisure and entertainment. ...
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