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Reasons that make Dombivli the ideal real estate investment hub

Author: Suraj Pawar
by Suraj Pawar
Posted: Feb 10, 2020

Dombivali is a suburb of Mumbai located in Thane district. The Mumbai Metropolitan Region Development Authority had gauged the potential of Dombivali for being the growth center of micro-markets. The place was anticipated to be an industrial hub due to its proximity to Mumbai, the largest logistics hub. Dombivali’s integrated transport system and a multitude of social infrastructural amenities make it an ideal real estate investment hub for the middle-income group. Let’s have a look at the reasons why Dombivali is considered as a Real Estate Hotspot.

Smooth Connectivity

The inclusion of Kalyan-Dombivli in Smart City has triggered the growth of infrastructure and transportation in the city. Several major neighborhoods of Mumbai can be easily accessed from Dombivli via the Kalyan-Shilphata Road, Agra Road and National Highway (NH4). Dombivali is the busiest railway station on the central line in Mumbai suburban railway network. Further, the City and Industrial Development Corporation (CIDCO) has planned to extend the Navi Mumbai metro rail to Kalyan, which would also fuel the residential growth in the area. The inception and making of the new airport in Navi Mumbai will surely provide the best connectivity solution for Dombivali.

Pocket-Friendly Housing Solutions

With quick price comparison, one can easily understand the value of real estate property in Dombivali. A 1 BHK (300 sq. ft to 392 sq. ft) in Mumbai will cost you approximately?50 Lakhs, but a 2 BHK in Dombivali (650 sq. ft) can be easily offered in the same price range. This difference is due to the increased travel time to reach the city center, which will significantly reduce, once the metro rail and new airport infrastructure is in existence.

Employment Opportunities with Market Expansion

The area in and around Mumbai is proving to be a huge warehousing and logistics market for big brands. Over the years, many MNCs have shifted their base from the Central Business Districts (CBDs) in Mumbai to areas like Thane, Kalyan-Bhiwandi, and Navi Mumbai. Better land availability, lower property rates and improving connectivity is bringing in large organizations to Dombivali which is set to create a large number of employment opportunities.

Better Social Infrastructure

With many reasons to choose a property in Dombivli, another major perk of living in the area is the already developed and upcoming social infrastructures like schools, colleges, malls, sports complexes, and recreational areas. The speed at which the connectivity is being improved, the availability of budget-friendly flats for sale in Dombivli and the impending rise of employment opportunities are surely the catalysts that are promoting the quality of the social infrastructure.

Future prospect

Metro rail project is sure to bring huge economic growth in the area and a fair amount of people have started to make the most out of this huge future boom!

Affordable residential projects in Dombivali like Runwal Gardens are the drivers of this change. Dombivali has, therefore, become an ideal real estate destination for all the right reasons.

Runwal Gardens is brought to you by Runwal Group, a name to reckon in the real estate industry. Established by Subhash Runwal in 1978, the group has developed over 65 projects and millions of square feet of real estate. From Napean Sea Road to Thane and from Worli to Chembur, the group has a presence across Mumbai and MMRDA regions.

The Runwal Group, renowned for delivering projects with their signature attributes of clear marketable title, on-time delivery and highest quality standards has brought smiles to over 25,000 families till date. The group’s world-class project R-City mall is a landmark and is visited by millions of shoppers, every year.

The group holds the distinction of being the first to build a mall in Mumbai and also introduce the concept of malls in the suburbs.

About the Author

My name is Rahul Pawar and currently I am working as a Sales executive with one of the most renowned builder in Mumbai. If you are interested to buy a href=https://www.ashwinshethgroup.comresidential property in mumbai then contact me directly

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Author: Suraj Pawar

Suraj Pawar

Member since: Jul 01, 2019
Published articles: 64

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