A Narrowed-Down List of Locales That Should Be on Your Real Estate Watchlist

by Jyoti D. Real Estate Bloggers

Mumbai suburban development has opened a whirlwind of opportunities for people who are looking for permanent residency in the otherwise inflated market of Mumbai. Objectively defining a suburb would comprise cost-effectiveness and accessibility to the rest of the city with convenience. While the structural map of Mumbai results in long travelling hours to the outskirts, finding a conducive location is a key to a lucrative investment.

To ease your research, we have curated some of the best suburbs in Mumbai that enjoy a network of benefits of the metro and simultaneously present a reasonable cost of living!

Dahisar

Located in the northern region of Mumbai, Dahisar is designated as nature’s solace from the bustling city. The main allure of this place is for buyers who want to experience a calming lifestyle. Having said that, Dahisar is considered a cosmopolitan inculcating a wide range of demography. As the middle-class barrier has widened in the country in the past decade, people are manipulating the expenses by compensating on a posh location. Dahisar exemplifies this sentiment.

That in no way means that this suburb lacks the fundamental provisions, in fact, Dahisar has observed a colossal development in infrastructure as an initiative by MCGM or Brihanmumbai Municipal Corporation. The primary intention behind this was to promote it as a residential zone, also solving the housing crisis in Mumbai.

Benefits and Privileges

1. The Mumbai Suburban Railway Network is a boon for such suburbs that has changed the landscape of accessibility. Dahisar has gained significant property value owing to the connectivity with Western suburbs and South Mumbai via the Western Line.
2. Moreover, the proposed Metro plan from Dahisar to DN Nagar would further ease the journey to Mumbai International Airport. The Airport itself is located at a mere distance of around 20 km from Dahisar.
3. Apart from connectivity, the self-sufficiency of the suburb is the other aspect that has created an entrusted residential zone. Quality educational Institutes, Healthcare facilities and an array of entertainment facilities are included within the boundaries of Dahisar.
4. The proximity to adjoining prominent employment hubs was the final feather to its cap that made Dahisar a wholesome vicinity.

Housing Market

Coming to the real estate market, Dahisar has two aspects that cater to the mid-income families or millennials who are venturing out an independent living. This subsequently led to high demand for 1 BHK flats in Dahisar West offered at a reasonable price structure. Meanwhile, the expansion of infrastructure also resulted in comprehensive housing societies accommodating nuclear families in 2 BHK flats in Dahisar West.

Moreover, Dahisar is a suitable space for senior citizens and retired folks who need a compact yet concentrated vicinity so that they can access essential services with convenience. According to market research, such demography usually prefers 1 BHK in Dahisar West for a mortgage-free investment.

One such project that has redefined residential complexes in Dahisar is Kolte Patil Vaayu which offers an elevated living experience with several amenities and a range of 1 and 2 BHK Flats for sale in Borivali.

Borivali

Borivali is a formidable suburb in Mumbai that has gained severe traction in the last decade. To brief the pitch of this suburb, when Mumbai City has been sweating through the inflated prices, people have turned tides towards the Mumbai Metropolitan Regions. However, buyers were also discouraged because of the long commute one had to endure from the outskirts.

Then there is Borivali which is a perfect juxtaposition of affordability, accessibility, and a decent standard of living.

Benefits and Privileges

1. The connectivity of this suburb is similar to Dahisar with proximity of mere 5 minutes. However, the frequency of all means of public transport is structured better with access to major corners of the city.
2. Western Express Highway, SV Road, and Link Road are the prominent road networks that connect this suburb in lesser time.
3. With its unwavering position as the top suburb in Mumbai, Borivali boasts some of the quality fundamental services such as VIBGYOR High School. Lotus Multispeciality Hospital, D-Mart, Raghuleela Mall among many more services.
4. But the USP of Borivali is the ecological infrastructure. Sanjay Gandhi National Park, Kanheri Caves, Gorai Beach, Marve Beach, Aksa Beach, and nature trails such as Tungareshwar, Shilonda, Yeoor Hills, Chinchoti are the resources for building lifelong memories.
5. Not to forget, the Water Kingdom and Essel World are the two giant recreational activities for your child and your inner child!

Housing Market

Borivali has inevitably topped in harbouring an expansive residential zone with a yearly steady increment. Such consistency has led to upward speculation among investors, as several upcoming residential projects in Mumbai are introduced in Borivali. This scalability in Borivali real estate is a perfect opportunity for home buyers with better prospects of ROI.

The other aspect is derived from the lesser cost of living as compared to South Mumbai and Western precinct. But since most employment hubs are established in these areas, young professionals prefer to relocate to temporary housing in northern suburbs. This affirms the rent in Borivali thus generating a solid passive income if one invests in flats for sale in Dahisar West and Borivali West.

Kolte-Patil’s Evara project in Borivali has recently sold out all units even during the pandemic since Borivali can present a high standard of living, feasibility, and a gated community. This secured living is in itself “the insurance” to your mammoth investment.

Check out this 1 BHK for sale in Dahisar West to make an informed decision for your humble abode!

 RERA NO: P51800029034

Read More –Borivali-Dahisar: A well-connected and developed suburb in Mumbai

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Created on Feb 15th 2022 08:37. Viewed 310 times.

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