Why is Purchasing a Flat in Dadar East a Wise Decision

Looking for a suitable flats in Dadar East, Mumbai? Great choice!

Dadar East is one of the most sought-after residential areas in Mumbai. It offers a perfect blend of convenience, connectivity, culture and comfort. On top of that, it is one of the most highly sought-after residential localities in Mumbai, courtesy of its central location, impressive infrastructure, and bustling facilities. Many people seek to invest in a flat in Dadar East, Mumbai, as the neighbourhood’s real estate continues to trend upwards in terms of ROI. 

If you are looking to purchase a flat in Mumbai, there are many reasons why you should consider Dadar East as your destination.

Let us go over the state of Dadar East real estate at the moment so you can make an informed decision. 

Dadar East: Fact File

• Locality: Dadar East
• Location: Mumbai South Central
• Fun Fact: Dadar – which comprises both Dadar East and Dadar West – was the first planned area in Mumbai. It is also known for its ethnic Marathi culture in the city.
• Average Property Price: INR 33,010 per sq. ft. (as of April 2023)

A Hotspot of Ultimate Convenience

Dadar East is well-connected to other parts of the city by road and rail. It has a railway station on the Central and Western lines and a monorail station. It is also close to major landmarks such as Shivaji Park, Siddhivinayak Temple, Worli Sea Face and Mahalaxmi Race Course. You can find everything you need in Dadar East, from shopping malls and markets to hospitals and schools.

The Best of Urban Connectivity

Dadar East is strategically located between South Mumbai and the suburbs. It is easily accessible from the Eastern Express Highway, the Bandra-Worli Sea Link and the upcoming Coastal Road. It is also well-connected to the business hubs of Lower Parel, BKC and Nariman Point. You can save time and money commuting if you live in Dadar East.

A Cultural Hub

Dadar East is a melting pot of cultures and communities. It has a rich history and heritage, as it was once a part of the Portuguese colony of Salsette Island. It is home to diverse groups such as Marathis, Gujaratis, Parsis, Sindhis and South Indians. You can enjoy the festivals, cuisines and traditions of different cultures in Dadar East.

Maximum Living Comfort

Dadar East offers a range of options for flats, from affordable to luxurious. You can choose from spacious apartments with modern amenities and facilities or cosy flats with a vintage charm. You can also enjoy the greenery and open spaces in Dadar East, such as Five Gardens, Parsi Colony and Shivaji Park. You can live a comfortable and peaceful life in Dadar East. 

Connected to Nature

Another highlight of Dadar East is Shivaji Park, one of Mumbai's largest parks. The park was named after the legendary Maratha king Shivaji and has a statue of him at its entrance. The park is a popular spot for sports enthusiasts, as it has several playgrounds, cricket pitches, and tennis courts. The park also hosts cultural events, such as concerts, rallies, and exhibitions. The park is also a historical site, as it was the venue for many speeches by prominent leaders, such as Balasaheb Thackeray, Anna Hazare, and Arvind Kejriwal.

Average Price of Properties in Dadar East – A Premium Locality with High Demand

The average price of properties listed for sale in Dadar East as of April 2023 is INR 33,010 per square foot. This is higher than the average price of properties in Mumbai, which is INR 21,000 per square foot. This indicates that Dadar East is a premium locality with high demand and a limited supply of properties.

The average price of properties in Dadar East has increased by 8.7% in the last year, from INR 30,360 per square foot in April 2022 to INR 33,010 per square foot in April 2023. This shows that the property market in Dadar East is appreciating at a healthy rate and offers good returns for investors and homeowners.

Price Range of Properties in Dadar East – Something for Everyone

The price range of properties in Dadar East varies depending on the property's size, type, amenities and location. 

The majority of the properties in Dadar East fall in the price range of INR 25,000 to INR 40,000 per square foot, which is suitable for middle to upper-income groups. Some luxury properties cost more than Rs. 40,000 per square foot, catering to high-net-worth individuals who want spacious and lavish homes.

Conclusion

As you can see, there are many reasons why purchasing a flat in Dadar East, Mumbai, is a wise decision. Dadar East is a vibrant and lively neighbourhood that offers something for everyone. It is a prime location in the central part of the city, with easy access to public transport, educational institutions, hospitals, markets and entertainment hubs.  Whether you are looking for shopping, entertainment, culture, or spirituality, you will find it in Dadar East. It is a place where tradition meets modernity and where diversity is celebrated.