Designated the title of Mumbai’s first planned suburb, Dadar continues to be one of the popular choices among home buyers, especially the luxury segment. Formerly known as Lower Mahim, the upscale neighbourhood primarily consists of Marathi-speaking residents and is the cultural and historical soul of the city. Regarding transportation, the Dadar railway terminus is a prominent junction for the western and central lines. On the other hand, there also exists smooth connectivity via roads to Matunga, Wadala, Parel, Prabhadevi, and Mahim.
The innumerable presence of high rises in Dadar shows how the real estate sector in the southern suburb of Mumbai has evolved, with top developers like Rustomjee, Ruparel, and Kohinoor having exciting projects in the pipeline as the average price per sq. ft soars an estimated ₹35,967. Offering the right mix of real estate and social infrastructure, let's find out the top reasons to buy a property in Dadar.
In this blog, we will explore the current state of the real estate market in Dadar, including the latest trends, pricing, and popular residential and commercial projects. We will also cover essential factors that you should consider before investing in Dadar's real estate market, such as the location, amenities, and potential for growth.
Whether you're a first-time homebuyer, an experienced investor, or simply curious about the real estate market in Dadar, this blog will provide valuable insights and information to help you make informed decisions.
So, let's dive in and explore Dadar's exciting world of real estate.
1. Centrally located
Strategically located, Dadar offers efficient connectivity, especially public transport. Having one of the most integral terminals to the Mumbai local train, be it the central, harbor, or western lines. The planned suburb offers a fleet of BEST services, along with depots such as Asiad, Shivneri Stand, and the Parel ST depot, helping connect to different parts of Maharashtra. The upcoming Metro Line 3 will improve things, helping commute to Colaba, Bandra, and SEEPZ in no time.
- The domestic and international airports are 8.8 km and 1 km away, respectively.
- 8 km away from the iconic landmark of Mumbai Bandra Worli Sea Link.
- Not far away from business hubs like Nariman Point, Lower Parel, and BKC.
2. A vital railway transit hub
Anyone aware of the Mumbai locals knows how busy the Dadar station can be, more often than not crowded with hardly any room to breathe, playing host to both western and central lines. Given the platform's crowd density, local authorities have decided to develop some measures under the city’s development plan, which includes setting up an underground subway and commercial complexes.
The residents have also benefited from the operational monorail from Chembur to the north of Wadala. Once opened to the public, the underground Metro Line 3 will further aid in commuting.
3. Social infrastructure
Dadar offers world-class services in education and health facilities, along with recreation activities such as parks, restaurants, clubs, malls, and theatres. Below are some examples of schools and colleges in Dadar.
- IES Modern English School
- Chhabildas English Medium School
- Dr Antonio da Silva High School and Jr. College
- DES’s Kirti M. Doongursee College of Arts, Science, and Commerce
Hospitals/medical centres
- Dr. J.M. Purandare Hospital
- Shreedhar Hospital
- Dr Gandhi Nursing Home
- Thakur Hospital
- Punamiya Hospital
Recreation and religious sites
- Iconic Shivaji Park
- BB Dadar Market
- Belle Mall
- Shree Siddhivinayak Temple
- Kochu Guruvayoor Temple
4. Rich culture and heritage
A cultural centre for the native Maharashtrians, Dadar has much to offer regarding its local flavour, whether it be Cinema, Restaurants, parks/gardens, or religious sites. The southern suburb is home to many festivals and was the first to host the Navratri Utsav and Durga Pooja in the capital of Maharashtra. The rich locality is also known for its grand celebrations for the festival of Ganesh Chaturthi, evidence of its strong community.
5. Modern real estate infrastructure
A prime location for several upcoming residential projects, Dadar emerging real estate has changed the city's skyline with multiple skyscrapers and the latest architectural designs. While an inventory of spaces exists, top developers continue to chalk out new projects. Here is a list of some of the upcoming residential developments. The neighbourhood is undergoing rapid development with several infrastructure projects in the pipeline, including the Mumbai Metro and coastal road. This is expected further to enhance the connectivity and livability of the area.
There is no doubt that Dadar has emerged as one of the key players in Mumbai’s real estate market, with investments pouring in, especially in the case of residential. Offering world-class infrastructure, coupled with the latest amenities, the commercial capital’s first planned suburb has ample reasons to prove why it should be on top of the real estate buyers list. Hopefully, the above blog has guided you on why Dadar could be your next residence.
