Best Place To Invest In Mumbai 2020

Best Place To Invest In Mumbai 2020

Mumbai today is one of the costliest places for buying a house or investing in one. This has created a great opportunity for lesser priced emerging areas like Dahisar, which have witnessed a phenomenal growth in the past few years. Property prices in Dahisar have seen a hike, mainly due to its proximity to nature and fast pace of development coupled with Government’s proposed plans to enhance connectivity with a slew of infrastructure Projects in Dahisar.

Dahisar also enjoys superb connectivity to Thane and Navi Mumbai as well as to the Eastern and Western Suburbs of Mumbai via Ghodbunder Road. Furthermore, future connectivity plans include the proposed metro rail that would run along the Ghodbunder Road with more than 10 halts within Thane itself.

Today Dahisar, especially Ghodbunder Road tops the chart for end users as well as investors as it boasts of widespread roads and highways providing seamless connectivity. Investing in any property is about investing in the right property at the right location for the correct price. Keeping these parameters in mind investing in Ghodbunder Road, Dahisar is most ideal real estate market as it has shown a significant growth not only in infrastructural developments but also in terms of ROI for investors. Buy Property in Dahisar East.

Real estate experts believe that property buyers here have enjoyed a 300% growth in the last five years! Economic advisors and analysts suggest an estimated 40% increase of employment opportunities in the Mumbai Metropolitan Region (MMR), including Thane. Such a predicted hike in jobs would entail a major increase in the demand for housing and subsequently could generate further capital appreciation for real estate investments in Dahisar.

Consequently the residential, commercial and the retail sector here has seen a better appreciation in terms of principal appreciation as well as rental income. Thus Today Dahisar tops the chart for home buyers and investors in the affordable as well as luxury segment, which has resulted in various eminent Developers in Mumbai.

Major Benefits of Buying A Flats in Dahisar That Is Away From The Main Road

Major Benefits of Buying A Flats in Dahisar That Is Away From The Main RoadThere are residential properties in the affordable sector as well as the luxury sector, Mumbai seems to be a good place to start searching with Dahisar being equal contenders ranked after Mumbai. However, Mumbai is counted among the most costly real estate property market in the world. Therefore, Dahisar is among a few most preferred options for buyers looking for affordable and spacious property away from the main road. House buyers are now moving towards other destinations to make real estate investment as property prices are increasing day by day. Dahisar is being more affordable than Mumbai, isn`t just a wise choice for buying property, but also tops the real estate property chart in giving better returns for home buyers who have invested Property in Dahisar.

Read On Further To Know The Major Benefits Of Buying A Flats in Dahisar

Clean Environment:

Since the flat you have been living in is away from the busy street your flat will not be prone to accumulation of dust. Staying away from different kinds of pollution and automobile exhaust can be really beneficial for your health. Also, if you or any of your family members are allergic to dust and pollution, investing in a Flats in Dahisar East away from the main street will turn out to be your wise decision.

No Noise Pollution:

Owning a Flats in Dahisar away from the main road is the best thing one can think of gifting themselves. You will not have to worry about traffic noise at all. You can enjoy a noise-free environment in your dream house.

Utmost Privacy:

Living away from the main street gives you the benefit of enjoying privacy. Other residential Projects in Dahisar East will be far off from your residence providing you the highest level of privacy which every home buyer can enjoy. Residing in a flat on the main road makes your apartment vulnerable to the view of a passerby taking away your privacy.

Security:

Property located near the main street has been always very crowded and congested all round the clock. There are chances of unwanted people entering your residence and eventually your apartment when you buy a flat near the main street which will not be the scenario if you invest in property away from the main road.

Property Value:

Investing in flat away from the main street is what many home buyers would not prefer. Since commuting and accessibility to basic require will be really difficult when you invest in property away from the main road, you can then search properties at a discounted rate. You can even negotiate further, depending upon the locality you choose to buy the Property in Dahisar.

Parking Area:

People who live away from the main road have the benefit of parking their vehicles on the street itself as there is ample space available. And parking these vehicles on the street will not create an obstacle for anyone around therefore people would not mind if you park your vehicle on the street.

Spacious Homes:

Due to less space available near busy streets and areas near main road. The biggest advantage you get into investing a Flat in Dahisar away from the main street is spacious homes. With an affordable price, you can get a spacious property if you plan to invest in property away from the main street.

 

Western Suburban Projects: The Property Investment HotSpot

Western Suburban which also referred ad State Highway is considered to be the latest and top most favorite spot for people to make investments. The development that has happened in this area is very evident since there are many people buying Property in Dahisar. The area is well connected with many modes of transport, malls, schools, colleges and hospitals. With so many latest amenities available, it certainly makes this area the top most favorite investment spot. Another fascination and attraction is the Sanjay Gandhi National Park, which is visited by people all over.

Real Estate Investors have earned around 20% returns on their investments Property in Dahisar East. It has seen many residential and commercial projects coming up over the years and with each passing year, it has only grown. So if you are somebody looking forward to own a Property in Dahisar, you couldn’t be making a better choice. While you finally come to a decision of owning one, there are a couple of things to look into like to enquire about the current real estate prices that are running in that area. Also, like mentioned earlier, this area is very well connected, even then look around to see all the conveniences that you require and the distance from your home.

If you are a youngster making your first investment, the one thing that you will need to be wary of is making any financial mistakes. Hence, if you are planning to own a home for residential purpose or looking forward to buy a property in Mumbai, the first and foremost step that needs to be taken is,  know about all those financial aspects that goes into the buying of a property.

Especially in an area like Dahisar East, thanks to the many facilities this area offers, the rates of the properties will differ from the rest of the city. The prices of flats have increased in the last 2 years owing to the many developments in this area has witnessed. Any investment done here will ensure you good returns as well since there is much more hope and scope of development. Flyovers, bridges, malls, international airport, which is easily accessible are some of the major attractions for people. Buy house Projects in Dahisar.

You can own one in this area which is connected to every possible mode of transport. Many developers and private builders have taken up projects for both commercial and residential purposes in this area. Dahisar is currently considered as a leading real estate place in the Mumbai Metropolitan Region (MMR). Book your dream Flats in Dahisar East.

Life in Mumbai’s Suburban Neighbourhoods

Western suburban projects

In a city with over 22 million people, space would understandably stand at a premium. In the past decade, the residential real estate market of Mumbai has encountered a paradigm shift, with the influx of people from across the country. Lack of space and a burgeoning number of people would lead you to believe that living in the suburbs would be restrictive, but it is, in fact, the opposite. An increasing number of real estate developers and Builders in Dahisar are now shifting their focus to luxurious yet affordable homes in the suburbs by creating niche apartment complexes that offer a vast range of modern lifestyle with latest amenities.

Modern Lifestyle:

Public transport, restaurants, hotels, shopping malls, hospitals, schools, colleges, movie theatres and so much more – the suburbs are the perfect convergence for all the modern lifestyle conveniences. You are never too far to go anywhere or do anything. The remarkable rise in population has brought newer varieties and options to the suburbs. Buy house in the Western Suburban Projects.

Connectivity:

If you live in the suburbs, you are at an advantage of being in proximity to all forms of public transport and connecting drives. The completion of the new Metro projects will ensure better connectivity than ever. The excellent road and rail connectivity to the rest of the city ensures you can reach anywhere in and around the city with the utmost ease.

Open Spaces & Greenery:

In addition to lifestyle amenities, the suburbs are also home to a broader expanse of greener patches and open spaces. There are more gardens, parks, trails and clubhouses to enjoy here buy house Projects in Dahisar East.

Residential Projects:

The rapidly increasing number of upcoming Projects in Mira Road is a testament to the growing demand for residential projects. Better infrastructure support and connectivity have made suburbs a hub for new and modern residential projects. New apartment complexes and gated communities are being developed that offer an array of modern amenities including clubhouses, gardens, gyms and playgrounds. Buy 3 BHK Flats in Dahisar.

 

Indian Home Seekers Prefer Their Houses To Be Near Schools

Indian Home Seekers Prefer Their Houses To Be Near Schools

With cities become increasingly congested, commuting over long distances, is no longer a pleasant experience. This is especially true, vis-à-vis travelling to and from work and the children’s schools. Home seekers, today, are paying considerable attention to having a reputed school close to one’s house, says Rohit Gera, MD, Gera Developments. “Most home seekers in this target group are young parents and come from nuclear families. Fortunately, good schools have started mushrooming all over the cities and home buyers are not starved for choice,” adds Gera.

How schools influence property demand

Although many schools now offer bus services, safety concerns remain. “For this reason, most parents, especially those who are working, prefer to have the option to drop and pick up their children, without having to worry about their safety,” explains Amit Ruparel, managing director, Ruparel Realty. As more schools encourage extra-curricular activities like sports, music, etc., having a school close to the home, makes it easier for the parents as well as the children, to participate in these activities.

Many schools also prefer students, who reside within a certain radius from the school. All these factors tend to influence the home buying or renting process of families. “Considering that admission to a school is usually a long-term decision, home buyers tend to prefer strategically-located residential projects that have multiple schools close by,” says Ramesh Ranganathan, business head, north and west, Mahindra Lifespace Developers Ltd.

Returns on property investment, in places that are close to educational facilities

The top facilities that customers consider, while looking for a home include infrastructure, amenities within the housing complex, specifications of the apartment and distance of schools from the project site. Developers too highlight amenities like proximity to public transport and schools, in their marketing campaigns. If well conveyed, these can boost project sales. “Having a good school in the locality, will fetch a premium on the property and give attractive returns, as well as rental options,” adds Ruparel.

Proximity to schools and other educational institutions, is especially important in metropolitan cities like Mumbai, Bengaluru, Pune and Chennai, where every minute saved counts. Moreover, a centrally located and easily accessible residence, can go a long way in improving the residents’ quality of life. According to industry experts and agents, the occupancy levels in homes/ apartments that are closer to schools/ educational institutions, are generally higher. While the rental yield on properties, typically ranges between two and three per cent in metropolitan cities, one can expect a marginally higher yield for properties closer to schools, they point out.

Buyers’ preference towards properties near educational institutions

Schools in the vicinity of a property, are becoming a crucial factor, in the home buying decision for buyers in the age group of 30-40 years.
Having a good school in the locality, will help the property to fetch a premium and earn attractive returns as well as rent.
With safety of children becoming a rising concern, parents prefer having a school that is close to one’s home.

Delta Group was founded by Group of entrepreneurs & has a history of over decades attached to it. We ventured into the real estate business with small sized residential development in the western suburban area. Buy 2 and 3 BHK Flats in Dahisar East with the latest amenities.

Source: https://housing.com/news/indian-home-seekers-prefer-homes-near-schools/