Soaring Capital Values of Dadar Residential Realty Market

Investing in the properties in Mumbai isn’t like buying candies from a local provision shop. The properties are scarce and the prices can prove to be a hitch for a new homebuyers. However, the market has been quite appealing and has given the old buyers some valid reasons to rejoice. A number of localities in Mumbai are witnessing a rapid increase in the property rates and Central Mumbai is one such area which has made the old homebuyers the happiest investors. Yes you read it right, capital values are witnessing an upswing and the value appreciation is no less than 30-40% since 2012.

Talking about the premium locations in the city, Dadar is considered as the heart of Mumbai and is so popular among the buyers that the market is on the verge of saturation in terms of its residential property market. Dadar is believed to be the commercial and public transport hub of Mumbai. Alike other important city locations, Dadar is divided into east and west by the railway line, which serves both the Central and Western lines.

One of Mumbai’ oldest and most established locations, Dadar assures of great connectivity via road as well. Practically, people working across various workplaces in Dadar can easily commute to the rest of Mumbai, and in some cases, Pune too. There is no inconvenience of changing buses and trains. Also, Dadar is just 8.5 KM from the domestic airport at Santa Cruz.

Launch of new projects

Dadar is soon expected to witness a number of projects focused on modern lifestyles and amenities. A number of other facilities like availability of educational institutions, entertainment zones, restaurants, and others have given the realty scenario of this suburb a complete makeover. Take a look at two such upcoming residential projects in Dadar.

Sugee Sanskruti

Sugee Group has launched a new project named Sugee Sanskruti in the highly promising locality of Dadar (West), South Mumbai. The project brings in the best in class amenities required for the comfortable living. Invest in the thoughtfully designed 1, 2 & 4 BHK apartments. Sugee Sanskruti is a super deluxe residential project spread across 1.77 acres of land, and offers homes available in the price bracket of Rs. 2.25 to 5.65 Crore. Possession is expected in July 2019. Sugee Sanskruti holds legal approval from Maharashtra Housing and Development Authority (MHADA).

Richa Park Mist

Located in Dadar (West), Mumbai South, Richa Park Mist is the new residential development by Richa Realtors. These homes are available in the 2.5 BHK configurations and are equipped with every required modern amenities to match up the requirements of today’s homebuyers. Richa Park Mist has around 60% of open spaces. These 2, 2.5 and 3 BHK apartments have a total area range of 1475-2300 Sq. Ft. and are available at a starting price of Rs. 4 Crore. The homes will be ready for possession by October 2017.

Vineeta Singh is content marketer and into the field of writing from last 4 years. She has written for various well-known publishing houses and organizations. In her leisure time, she prefers reading travel journals and magazines.