Mumbai's history is a long and beautiful one. From the original seven islands that were part of the Portuguese colony in India to the vibrant, glamorous international city - Mumbai has indeed come a long way. The ever-burgeoning population and expanding city limits, too, tell a story of exceptional growth and development. Places like Dombivli, Ulhasnagar, Thane, Bhiwandi, and Navi Mumbai were considered neighbouring cities of Mumbai, but now these are extensions, glorious suburbs charting their own rise. Let us look at one of these suburbs that has become an in-demand residential market.
The Rise of Dombivli
Dombivli is unique in its identity and character. Located some 20 kilometres from Thane and about 6 kilometres from Kalyan, it still retains its distinct identity. In fact, Dombivli, once known for its illustrious residents – some renowned authors, artists, and social leaders, came into the limelight recently for being the first city in the state to achieve 100% literacy. However, the city's reputation as a small, quaint industrial settlement has started to change with the rise of commercial hubs and improved connectivity to Mumbai and other neighbouring suburbs. As a result, Dombivli now has the undivided attention of some of the top developers in Mumbai. Let us see how upscale high-rises and residential societies are changing the landscape of this vibrant suburb.
East of the east
Apart from its proximity to Thane and Kalyan, Dombivli East has excellent connectivity to almost all parts of Mumbai and Navi Mumbai. The highly industrialised hubs of Kalyan, Badlapur, and Ambernath are all close at hand and hold immense employment opportunities. In addition, the upcoming IT hubs at Navi Mumbai, Thane, and Mulund are well-connected with this neighbourhood.
The main Kalyan-Shilphata Road runs through the eastern fringe connecting the entire length of Dombivli East. In addition, Diva Manpada Road and Kalyan Road connect the various residential neighbourhoods, and the Dombivli Station connects the neighbourhood with the Central Line of the Mumbai Suburban Railway network.
With a sharp increase in the population, there are a number of planned infrastructural development works in the pipeline, including the 31-kilometre Ring Road connecting Dombivli to Kalyan. Furthermore, MMRDA has announced that work on the Motagaon-Mankoli road connects, a bridge that connects Mumbai with Dombivli 6 lane, is nearing completion. This will bring down commute time to Mumbai by about 30 minutes.
Tapping into the luxury segment
With top names like the Lodha Group, Jayram Enterprises, Bhoomi Group, Ocean Developers, Nescout Buildcon, Runwal Developers, and Marathon launching at least a dozen high-profile projects, Dombivli East is the next destination on the radar of the premium home buyer. The most significant advantage that this neighbourhood offers is the availability of space which is necessary for the construction of beautifully designed and aesthetically pleasing premium homes. Projects like Marathon Nexworld, Lodha Palava Trinity, Lodha Codename Premier, Venus Skky City, and Nestscout Ascent Galaxy offer top-notch amenities, including landscaped gardens, waterfronts, fitness centres, swimming pools and community centres. The expansive green views of Dombivli are just what home buyers are looking for in these homes.
How are these residential projects influencing Dombivli?
Dombivli was once considered the stepping stone to Kalyan, Navi Mumbai, or Matheran. The transformation of Dombivli from a small industrial colony to one of the most sought-after suburbs of Mumbai is indeed spectacular. The influx of home buyers and property construction in the neighbourhood has also prompted a number of major business enterprises and corporations to move to Dombivli. This suburb is now home to the Maharashtra Industrial Development Corporation complex, Vicco Labs, Dipak Fertilizer Industries and many more. In addition, the growth of supermarkets, malls, fashion outlets, dining and entertainment centres, schools, and medical facilities proves that the neighbourhood's social infrastructure is also undergoing a complete transformation.
The one salient change that can be observed in Dombivli East is the development of malls, roads, and social amenities by the real estate development companies themselves, decreasing dependence on local administration. For example, the Lodha Group and Runwal Group have built malls, wide roads, community centres, and all necessary facilities to set up mini colonies and settlements. As a result, these micro markets are among the top choices for home buyers.
Real estate trends in Dombivli East
Property values in Dombivli have nearly tripled over the past decade. Apartments and flats for sale in Dombivli East were priced at about INR 3200 per square foot in 2010 to INR 8000 per square foot in 2023. Not only has the increase in circle rates benefited existing residents, but those who have invested in properties in this neighbourhood have also witnessed an incredible appreciation in asset values.
Conclusion
The experience of owning a beautiful, expansive, luxurious home in the green, clean neighbourhood of Dombivli East is all about choosing a lifestyle of comfort and opulence.
