Emerging Residential Location - Dahisar East

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2021-12-15

Home Buying Guide

Emerging Residential Location - Dahisar East

When it comes to real estate Mumbai is one of the most sought after place. Being the commercial capital it has the highest demand when it comes to real estate. Post 2018, the markets in India have started to grow, several micro markets in Mumbai are beginning to flourish. One such popular micro-market is the Dahisar stretch located in the Western suburbs.

Dahisar offers good connection to the entire Mumbai via the Western Railway Line, as well as the Western Express Highway that starts right from Dahisar. However, there is more. Mumbai metro’s Line 2 and Line 7 are soon set to improve Dahisar’s connectivity by a lot. Line 7 will connect Dahisar East to Andheri East which is one of the prominent business districts in Mumbai. Line 2A will connect Dahisar to DN Nagar in Andheri West and a further extension of this Line 2B will connect DN Nagar to Mankhurd. This will make it a breeze to travel from Dahisar to the Western and Eastern Suburbs of Mumbai.

Dahisar, is located further North of Borivalli and can be reached easily. It has scenic hills on the eastern side and Manori creeks and saltpans on the western side. The stretch is undergoing going a transformation due to the efforts of the government towards decongestion of traffic and regulations over other illegal activities.

There are several upcoming projects in Dahisar East. Several reputed developers such as N Rose Developers have projects coming up in this locality. Due to the connectivity, rental income, education opportunities, shopping and recreation, parks and nature as well as the pricing it is a good choice to invest in a property in Dahisar East. Several Builders and developers in Dahisar have multiple projects coming up in this locality.

Despite off prices of property in Dahisar being on the rise, many of the surrounding areas within 1-2 stops of the railway (and soon metro, are already priced at Rs. 2,000 higher than Dahisar. When you consider to purchase a 1 BHK apartment that ranges between 320-420 sq. ft., this price difference translates into Rs. 9,60,000-12,60,000 of savings.

With so much to offer, Dahisar’s real estate is poised to grow by leaps and bounds in the near future. For a smart investor, Dahisar is the place to be.

Home Buying Guide

High Rise And Low Rise Buildings, Which is Better?

Highrise buildings were rare found only in the prime localities of metro cities like Mumbai. However, cities like Mumbai have geographical constraints and the rising urban population and limited land availability made vertical growth necessary. In 2019, the state government of Maharashtra reduced FSI premium making highrise construction financially viable for developers. This resulted in the development of highrises all over the Mumbai Metropolitan region to accommodate the rising demand for housing. Living in high rises is now a trend as it is perceived to be premium. However, it has its own pros and cons. In this blog, we will compare living in highrise and lowrise buildings. High Rise buildings Buildings that have more than 10 to 15 storeys are classified as highrise buildings. Pros Panoramic Views � This is the most obvious reason that makes highrise buildings desirable to most home buyers. Highrises give panoramic views of the horizon due to their height. Highrise flats in Dahisar East give beautiful views of the Sanjay Gandhi National Park and surrounding hills. Increased density � Highrises can accommodate many residents which is required in densely populated cities like Mumbai. Amenities � Highrises are categorized as premium properties and often come with luxurious amenities and premium facilities Security � Highrises are modern structures with advanced security systems like CCTV surveillance access control and security personnel Cons Costly � Highrise buildings are expensive to build and maintain increasing the monthly expense Elevators � It is inconvenient to move up and down highrises without elevators. If the elevators break down it can cause difficulty for residents Noise and Disruption � Construction of highrise buildings causes severe noise and air pollution Emergency evacuation � Evacuating highrise buildings is a challenge during emergencies and may result in damage to life and property Low Rise buildings Low rise buildings are buildings with less than 7 to 8 storeys Pros Lower cost � Lowrise buildings are easier to build and maintain Better accessibility � The staircase is an option during emergencies reducing the stress and difficulty Peaceful � Lowrise buildings do not create noise and air pollution during construction Easy Evacuation � It is easier to evacuate a lowrise building during emergencies Cons Limited Views � Lowrise buildings do not offer spectacular views like highrise buildings Lower density � Lowrise buildings offer accommodation to fewer people which is a disadvantage in dense locations Amenities � Lowrise buildings have lesser amenities since they cannot include amenities on highrise floors The choice between lowrise and highrise buildings is a personal one and residents must choose as per their preferences. ...

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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