Wednesday, 29 June 2022

Why eastern Mumbai suburbs are emerging as investment goldmine in 2022?

The real estate scene in Easter Mumbai Suburbs especially Badlapur has been transforming gradually over the years. Investors and home buyers have started recognizing its potential and are looking at it as a worthy investment destination. According to The Hindu Report: MMR is estimated to experience 50% absorption which translates to 32% in housing units occupied in a market over a year. The key dominant areas with a substantial rise in MMR are Kalyan-Dombivali, Badlapur, Bhiwandi, Ulhasnagar, Thane, Mira Road-Bhayandar, and Navi Mumbai.


Badlapur is also experiencing a commercial expansion with MIDC (Maharashtra Industrial Development Corporation) being the nodal agency, undertaking the area for industrial development & establishing several chemical, manufacturing, and production industries.

This has resulted in demand for mid-segment residential units in the area, thus establishing a stable real estate market within a decade.

Connectivity

Badlapur is well-connected to neighbouring areas and has a railway station on the Central Railway line which divides the city into two localities eastern and western halves. The connectivity to Navi Mumbai and the proposed development of the metro rail has increased the demand for housing in Badlapur.

With major physical infrastructural development in the upcoming years, Badlapur is one of the most-aspired suburbs. The resulting connectivity to Navi Mumbai will allow access to the proposed Navi Mumbai Airport within a few minutes.

Price appreciation of property in Badlapur

One of the finest indicators of rising demand for flats in Badlapur is the steady price appreciation of around 13.3% within the past five years (Source: 99 acres property price trend). This has substantiated real estate developers to introduce comprehensive projects with a plethora of amenities that sprawls over vast acres of land, surrounded by greenery and open spaces.

-       The average property prices in Badlapur trend around Rs.3400 per sq.ft. As compared to other suburbs– Kalyan and Dombivali are trending at an average of Rs. 5900.

-       The average 800 sq.ft 2 BHK flats in Badlapur are valued at starting price of INR 27-30 Lacs.

-       The rental returns on investment of 1 BHK flat in Badlapur have shown decent yields, ranging between Rs.3500-4000 per month. Whereas, 2 BHK units may yield up to Rs.5400-6900 per month.

-       As of May '2021, 67% of properties listed are ranging in ticket size of Rs.10-30 Lacs, thus establishing a firm mid-segment in Badlapur.

-       Moreover, with such extensive projects, one can avail 1 BHK luxury flats in Badlapur at the most affordable prices, starting from Rs. 23-25 lacs onwards.

(Source: All the stats are deduced from 99 acres property price trend)

Aryan One offers the most luxurious 1 BHK, 2BHK & 2.5 BHK flats in Badlapur

If you are looking for a home that is affordable yet offers excellent connectivity, then Aryan One, Badlapur will be an ideal choice. Aryan One offers the most luxurious 1 BHK, 2BHK & 2.5 BHK flats in Badlapur.

Understanding how people need outlets for creativity and decompression, Aryan One provides you with a coffee lounge, a meditation room, a gymnasium, a swimming pool, a library, a kids' play area, a music room, and a dedicated sleep station all of which is in the residential complex itself.

While the location itself serves as a daily reminder of how calming greenery can be. The artistically designed landscaped gardens are a treat for sore eyes after a long day of work. For the elderly, a designated senior citizen area is designed to provide them with a safe space to practice their laughter session and exercises.

Regardless of whether you are looking for 2.5 BHK flats in Badlapur, Aryan One is just the right place for you.

If you’re interested to buy 1 bhk apartments in Badlapur East check out their website for more insight.

Read More - Badlapur- A Nature’s Ode for Your Humble Abode

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