Dahisar has a long history of being a popular residential area in Mumbai. It was the 1960s when this locality witnessed its first apartment-style residential hubs, such as Gol Building, Sanjeevani, Patel Colony and others. Dahisar has constantly been evolving, introducing new residential hubs over time.
One of the most famous sub-localities of Dahisar is Anand Nagar, which was introduced somewhere between the 1980s and 1990s, among many other areas. Following that, the development has never been halted for the place.
Today, Dahisar East is one of Mumbai's most renowned residential hubs. There are various types of apartments and flats in this locality to meet the budget and comfort needs of all home buyers.
Let’s walk through the emergence of Dahisar East in the real estate market.
If you plan to buy a property in this locality, this blog will help you make a better decision.
Good Connectivity Attracted Home Buyers and Property Builders
Dahisar East is well connected to the major parts of Mumbai through the Western Express Highway and the railway line. The Western Express Highway starts right from Dahisar and connects various parts of Mumbai, such as Mira Road, Miragaon, Kandivali and others.
The newly opened metro Line 2 and Line 7 of Mumbai have also improved the overall connectivity of Dahisar East. Line 7 connects Dahisar East to Andheri East. Line 2A connects Dahisar to DN Nagar, Andheri West. The further extension of Line 2 B connects DN Nagar in Andheri West to Mankhurd.
These recent developments are meant to enable the residents of Dahisar East to attain a seamless commute between all the eastern and western suburbs of Mumbai. Thus, such connectivity has and always will help Dahisar East grow in terms of real estate demands.
Resourceful Retail & Social Infrastructure of Dahisar East
The social and retail infrastructure of Dahisar East is relatively well-developed. People living in this locality or planning to move should have access to all essential facilities within close proximity. Facilities such as hospitals, schools, colleges, recreational centres, entertainment centres and others are of utmost importance to let people live a comfortable life.
Keeping that in mind, the emergence of real estate in Dahisar East has also boosted social and retail infrastructure development. Some of the noteworthy social and retail infrastructure landmarks of Dahisar East that support its real estate demands are:
- St. Thomas High School
- St. Mary’s School
- Singapore International School
- Tree House Play Group
- Mahambare Hospital
- Shradha Hospital
- Namita Hospital
- Life Care Hospital
- HCG Cancer Centre
- Pragati Multi-Specialty Hospital
- Sanjay Gandhi National Park
- Mandapeshwar Caves
- Rotary Garden
- Altitude Quest
- Dahisar Sports Club
- Civic Federation Gymkhana
- Thakur Mall
- Central Mall
Apart from these infrastructure amenities, popular property developers, such as Crescent, DB Group and Lodha, have also introduced various world-class amenities within their residential complexes. Hence, there’s everything that a resident would need to happily and comfortably live in Dahisar East.
A Great Rental Income Can Contribute to Your Good Retirement Earnings
Most people buy multiple apartments in Mumbai to get monthly rental incomes. As the rental rates in Mumbai are mostly high, it is a great retirement planning source or a passive income source while you are still working.
The rental yield in Dahisar East is around 5%. The average rent per month for flats in Dahisar East is around Rs. 19,000. The rental price will be different based on the sub-locality where the property stands.
Suppose you own a 2 BHK flat in Dahisar East Anand Nagar. In that case, you can expect an average sub-locality-wise rental income of around Rs. 27,000. Anand Nagar is one of the most preferred sub-localities of Dahisar East.
Such a high rental income over the course of time has motivated home buyers and real estate builders to emphasise Dahisar East. Seeing the affordable rental pricing with seamless connectivity of this locality, more and more tenants are interested in living here.
Moreover, the average price per sq. ft. for the flats in Dahisar East is around Rs. 15,000. It is around 4 to 5% higher than the average of 2022. Hence, a moderate property price appreciation is also a winning advantage for you.
Therefore, buying a 1 or 2 BHK flat in Dahisar East Anand Nagar, Ketkipada, NI Complex, Ghartan Pada, or other areas will eventually reap many benefits. You will not just be earning great ROI on your primary investment on the property but will get a constant source of income through good rental yields.
Why Choose Dahisar East for Investment over Other Localities?
Dahisar East has been a great residential hub since the 1960s and has always been in a consistent development stage. There are definitely more posh localities out there with good investment returns and rental yields. But, if you don’t want to live in crowded and busy places, Dahisar East is an ideal option.
There are a lot of bus stations around the city, allowing the residents to commute within the locality easily. Dahisar East is the place that allows you to spend a moderate amount to live in a good and reputed locality. The returns and rental yields are significant with respect to the investment you make in buying a property in this locality.
If you want a 1 or 2 BHK flat in Dahisar East Anand Nagar, Vaishali Nagar, Ghartan Pada or other such sub-localities, try out Blox today!
Blox is a property search engine that helps you with the feasibility of exploring only the properties that seem best fit for your needs. You can filter your search by budget, location, type and developer! Hence, shortlisting your favourite properties won’t be a difficult task anymore.
Conclusion
So, this is what explains the emergence of real estate in Dahisar East. It has been more than 60 years since Dahisar East has been considered a prime residential locality. With time and demands, the developments have reciprocated to the overall needs of people. Thus, it is still and will always be a popular residential hub for the people of Mumbai.
