Why is this the Right Time to Invest in a Property in Badlapur

When you think about an investment opportunity, the first parameter one checks is what would be the CAGR (compounded annual growth rate) of that asset. Simply put, you want to know whether your asset is generating you returns on yearly basis and is there an appreciation in these returns.

The same goes for a real estate investment. When you purchase a property, your end goal is to see the property value appreciate significantly for you to sell it for profit.

While equity and debt have fixed parameters that determine their valuation, real estate follows a market sentiment based on these parameters–

Demographics, Interest Rates, Government Policies & Subsidies, and the economy of that city.

Mumbai city has observed a considerable hike in all the above parameters, all the while making it more difficult for new players to enter this real estate market. This is one of the reasons why the focus has shifted towards the outlying suburbs.

Under the MMRDA project and the Government’s initiative for Smart cities, the Mumbai satellite towns such as Kalyan-Dombivli, Bhiwandi-Ulhasnagar, Mira-Bhayander, Panvel, Ambernath, Kulgaon-Badlapur, and Nallasopara will be at the helm of these benefits.

As of 2020-2022, these areas are gaining traction as prime residential zones, owing to the affordable prices, essential services, fundamental facilities, and spacious homes.

Badlapur is the fastest growing residential zone corresponding to the aforementioned key factors–

-      The Demography has majorly shifted from just locales to now being a community of young professionals, nuclear families, retirees, and people who move from other states as this city accommodates people from various socio-economic backgrounds.

-      Subsequently, the interest rates in Badlapur have also been adjusted corresponding to this demography. This has driven the real estate market due to increasing demand for 1 & 2 BHK flats in Badlapur at lower interest rates.

-      As mentioned earlier, the state government has sanctioned housing development plans to MHADA and MMRDA has taken up the project of providing affordable mid-segment housing units, since the housing supply crisis in the main city. The Pradhan Mantri Awas Yojna has boosted the volume of flats in Badlapur, stabilizing the property in Badlapur.

-      Lastly, the economical stature of Badlapur is shifting from a town that consisted of four villages to now being a high-functioning suburb. The MIDC has enhanced the economic conditions making it feasible to Buy 1 BHK flats in Badlapur East.

However, the major aspect that defines Badlapur is how well it connects to the rest of the city so that an individual can commute with ease, meanwhile maintaining a peaceful work-life balance. Here are a few proposed and upcoming infrastructural developments that shall enhance this connectivity–

Metro line-14

Connecting Vikhroli-Kanjurmarg-Badlapur (45km and 40 stations)

 

Impact -      With the connection to Vikhroli, Badlapur will also have better connectivity to the Harbour line. -      It will reduce the journey time by 50-70%. -      More working professionals who work in the corporate spaces can commute freely, thus raising the demand for a 1 BHK flat in Badlapur.

 

Kalyan-Titwala Ring Road

Proposed 26 km ring road in Kalyan connecting to Titwala.

Impact -      The ring will streamline traffic in Kalyan, Badlpaur, and Ulhasnagar.

 

Virar-Alibag Multi-Modal Corridor

This 126 km corridor will connect NH-(8, 3, 4, 4B, 17), Bhiwandi Bypass, and Mumbai-Pune Expressway.

 

Impact -      It will provide connectivity to Kalyan-Shilphata Road & Katai-Ambernath-Badlapur Road; reducing the travel time by 50 %

 

Airoli-Katai Freeway

The length of this tunnel is 1.68 m long with three sidewalks

Impact -      Decongest the heavy traffic, reducing the travel time by 30 mins. -      This will reduce the travel time by 1.5 hours between Mumbai and Badlapur. -      This connectivity prompts demand for flats in Badlapur.

 

Mothagaon-Mankoli Bridge/ Ulhas River Bridge

This 1.3 km 6-lane bridge is 1225 m long connecting Kalyan and Dombivali to Bhiwandi

Impact -      This will further impact Badlapur benefitting 60 lakhs people -      It will save at least 1 hour from Badlapur to Mumbai, Nashik, and Ahmedabad.

 

Vasai-Thane-Kalyan Waterways

This inland waterway is 50 km long.

Impact -      It is expected to reduce travel time by 55 minutes during peak hours. -      The commuters from Badlapur are benefitted, cementing the real estate value of 2 and 1 BHK flat in Badlapur.

 

The industry experts have evaluated these developments and their impact on the overall real estate sentiment, thus projecting a higher valuation of property in Badlapur.

Specifically, Badlapur East is the preferred residential zone. The 1 BHK flats in Badlapur East have been the most economical and spacious options for those who want to independent living.

The average prices of 1 BHK flats in Badlapur East start at around Rs 20-25 lacs, with ample space and suitable configurations. Aryan One is a project that has already harboured satisfied residents in their 1BHK,2BHK, and 2.5 BHK flats in Badlapur.

However, their newly launched project has created a greater buzz after the success of the first phase. This phase offers 1BHK and 2 BHK flats in Badlapur with beautiful Hillview and clubhouse view. These premium ready-to-move-in homes are the added feather to the benefits of Badlapur; ensuring a higher ROI if you invest in the 2BHK and 1BHK luxury flats in Badlapur now, considering the future projection from infrastructural developments.

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