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Developing Iconic and Exclusive Communities for Holistic Living

2022-02-16
Real Estate Trends

Living in Dahisar East

Dahisar is a small locality in the northern parts of Mumbai Suburbs. Dahisar has gained popularity as one of the most attractive residential locations due to road-rail connectivity and well-developed social and civic infrastructure. The nearing completion of metro line projects has also added to the accessibility of the locality. There has been an increase in the number of residential projects in Dahisar East over the.

2 or 3 BHK flat in Dahisar East, here is what you can expect out of life in Dahisar East:

1. Great connectivity

Even after being located at the most northern end of the western suburbs of Mumbai, Dahisar East enjoys excellent connectivity across the city via the Western railway, western express highway, and soon-to-be-accessible metro network. The metro may improve the connectivity of the region further to the Western and Eastern suburbs of the city. While Line 7 will connect Dahisar East to Andheri East, one of the well-known business districts in Mumbai, Line 2A will connect the locality to DN Nagar in Andheri West. The extension of this line, i.e. 2B, will connect DN Nagar to Mankhurd.

2. Serene views

Dahisar East offers lovely views and scenic beauty for residents including the hills and the creek. Its proximity to Sanjay Gandhi National Park gives you lush green views every morning. If you choose to stay in a newly developed high-rise building you will get mesmerizing city lights to view at the night.

3. Good social infrastructure

Dahisar East also offers access to quality social infrastructure in and around the area. It has plenty of options like Thakur mall, Growel’s 101 in its proximity where you will find multiple shopping outlets, multiplexes, restaurants, gaming zones, and more. Reputed educational institutions like the Municipal School, Sardar Vallabhbhai Patel Vidyalaya, St Louis High School, Swami Vivekanand School, Indian School of Management, and Kazian Global School of Business can be found in Dahisar. Leading hospitals like Crystal Hospital Ltd, Sanjivani Hospital are also present in the locality.

4. Real Estate Development & Good ROI

On the real estate front, Dahisar is currently dominated by multi-story buildings and commercial complexes. Apart from the social infrastructure, the retail infrastructure of Dahisar has improved with connectivity to the employment hubs like MIDC Andheri, BKC & Hiranandani Complex. Forthcoming IT & business park will soon turn Dahisar into a Commercial hub. Needless to say, both commercial & residential real estate markets will see upward growth in the coming years. This makes Dahisar east a very good location to invest in property as it will yield good returns guaranteed.

From the points above, it is clear that Dahisar is currently the best bet to invest as well as to live your life in the city of dreams. You will find a variety of premium projects by well-known developers at affordable prices.



Real Estate Trends

Impact of RERA on Indian Real Estate

RERA or Real Estate Regulation and Development Act was enacted in 2016 to bring transparency, accountability, and efficiency into the real estate sector. The rising demand for housing and commercial estate led to a significant increase in property prices. Since there was no regulatory body for the real estate industry, some builders and developers were exploiting homebuyers to benefit from the high prices. The projects were delayed, the plans were being changed without informing and many people were duped of their life savings and hard earned money. This led to the enactment of RERA which mandates important rules and regulations for developers.

This blog will discuss the impact of RERA on the Indian real estate industry.

Transparency and Accountability

RERA has mandated that all project details including timelines, layout plans, and status of statutory approvals be displayed on the RERA website. This helps buyers to be sure of what they purchase from the developer and the developer cant make ad hoc changes. This helps build trust between the developer and the buyer in Mumbai real estate.

Timely Project Completion

One of the most common issues that home buyers faced was delays in project delivery. This caused stress to buyers whose funds would be stuck in the projects while they were without a residence for years. Implementation of RERA mandated that projects not delivered as per timelines would be liable for penalties. Also, developers must place 70 percent of project funds in a dedicated escrow account to be used exclusively for the project. These measures have reduced project delays significantly, instilling confidence among home buyers in the timely delivery of their homes.

Standardized Sales Agreements

RERA mandated standardized agreements clearly outline the obligations and rights of the builder and the buyer. Earlier, builders would make faulty one sided agreements benefiting them. Standardized agreements have ensured a fair and balanced contract between parties, reducing conflicts and disputes.

Grievance Redressal

RERA has established a robust grievance redressal system by setting up Real Estate Regulatory Authority and a Real Estate Appellate Tribunal in each state. These bodies are responsible for addressing complaints and disputes in a timely and efficient manner. Buyers are now empowered as they can approach these bodies with complaints about project delays, construction quality, and changes in project plans.

Investor Confidence

RERA regulation and implementation have instilled confidence among investors to invest in the real estate sector in India. RERA has ensured that projects are completed and delivered on time and that investors and home buyers are not duped. This has attracted investment of national and international players in the sector resulting in its stability and growth.

The RERA has had a significant impact on the property market and is one of the reasons for its growth in real estate investment. By ensuring timely project completion, standardization, and a robust grievance mechanism promoting professionalism and ethical practices among developers. The Indian real estate sector has become more transparent and efficient resulting in its growth.

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Real Estate Trends

Luxury Flats in Dahisar: What Makes Them Stand Out

Dahisar was once a suburb where the middle class would live and commute to south Mumbai for work daily. It was dominated by cooperative societies with gated communities and basic amenities. These premises would at best have an open ground for kids to play cricket or a garden with benches to sit. These facilities too were a privilege then. Fast forward to today, where we see swanky high rises with luxurious amenities and facilities that were unheard of. The new luxury flats in Dahisar are desired by every person who wishes to live a modern life in style. Let us look at the reasons for this. Elevated Living Luxury projects in the Dahisar comprise high rise towers rising to dizzying heights of up to 40 and 50 floors. Living at such heights is a unique experience as you are cut off from the hustle and bustle of the city down below. The open skies and fresh air give a sense of freedom and heightened luxury. It also allows for space and privacy like never before. Luxury 3 BHK apartments in Dahisar have large balconies where one enjoys the luxury of the sunrise, sunsets, and spectacular views. Panoramic views Luxury apartments in Dahisar have unobstructed views of the lush green Sanjay Gandhi National Park. The proximity to the national park is a blessing for residents of Dahisar. Residents of 2 BHK flats in Dahisar East can enjoy the horizon during the day and the clear starry skies at night. From the high rises residents can indulge in star gazing at night or soak in the heavy rains on their balconies during Mumbai monsoon. Specifications and Features Luxury flats in Dahisar boast exceptional architecture, interiors, and specifications. The homes are designed so that they are bright and airy. The fixtures are branded of the highest quality. Most flats may have added benefits like modular kitchens, air conditioning, and built in wardrobes. The security systems in these projects are of the highest level with CCTV surveillance, video bells, security personnel, and apps all working together to provide the best possible protection. Amenities Amenities like a swimming pool, clubhouse, and gardens have become common. To distinguish themselves, luxury projects provide amenities that are grand and opulent. The amenities can be distinguished into fitness, lifestyle, and social amenities including podium level and terrace swimming pools, pool decks, barbecue areas, party lawns, cafeterias, sports stadiums and courts, meditation halls, and many more. They promise a lifestyle of grand opulence where members can remain fit, rejuvenate, and socialize. Some may even enjoy solitude in libraries, cafes, and lounges. These special qualities make luxury flats in Dahisar stand out. ...
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