[ecis2016.org] Dadar is a popular locality situated to the south of Mumbai in Maharashtra. It is divided into two parts – Dadar west and Dadar east
Dadar west is a preferred residential locality while Dadar east boasts of being a popular commercial as well as a residential hub. Dadar west lies in close proximity to areas of Dharavi, Bandra west, Dadar east, Lower Parel, Bandra east, Mahalaxmi, Mahim, Byculla and Matunga, while Dadar east lies close to Byculla, Dadar west, Dharavi, Mahalaxmi, Mahim, Lower Parel, Matunga, Parel, Prabhadevi and Sewri.
You are reading: Dadar property market: An overview
The regions of the locality witness thousands of tourists flooding in to prominent places like Shivaji Park, Dadar Chowpatty, Mahatma Gandhi Olympic Swimming Pool and Siddhivinayak Temple.
Dadar east boasts of Mumbai’s oldest bridge – The Manya Tilak Bridge which was built in the year 1923.
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Connectivity with nearby Dadar localities
The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways.
- The extensive network of roadways linking Dadar to different parts of Maharashtra includes Dadasaheb Phalke Marg, Senapati Bapat Marg, Dadar TT Flyover, Eastern Freeway, Gokhale Road, Annie Besant Road, King’s Circle Flyover and the NM Joshi Marg.
- BEST transport network of bus service is operational here.
- The nearest railway station is the Central railway station which is situated at a distance of 6.5 kilometres from Dadar east and 6.9 kilometres from Dadar west.
- The nearest airport is Chhatrapati Shivaji Maharaj International Airport, which is 13.5 kilometres from the locality.
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Employment hubs near Dadar
The locality is witnessing an increase in population in the recent years, owing to its proximity to various commercial complexes in and near Dadar. These include:
- Bandra Kurla Complex (BKC) which is situated at a distance of 7.9 kilometres from the locality.
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Dadar provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Dadar include Social Service League Primary and High School, Shri Bansidhar Aggarwal Model School and Junior College Commerce, St Stephen High School, Shardashram Vidyamandir, Balmohan Vidyamandir, Dr Antonio Da Silva High School and Junior College of Commerce and many others.
The major hospitals in Dadar include Shushrusha Hospital, Ashvini Hospital, Punamiya Hospital, TB Hospital, NM Medical Centre and Cancer Care Foundation of India.
Apart from these, it also provides recreational amenities and proximity to various banks and ATMs. The locality also provides its residents with a number of luxurious shopping arcades like High Street Phoenix, Rangoli Time Complex, Sixth Sense Shopping Mall and RM Shopping Centre.
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Physical Infrastructure in Dadar
- Metro railway development plans have been proposed by the government and the work is underway.
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Price trends in Dadar
- Price depreciation in Dadar west – Around 2% in the last 1 year.
- Current property rates in Dadar west – Rs 25,334 –Rs 38,677 per sq ft.
- Price appreciation in Dadar east – Around 1% in the last 1 year.
- Current property rates in Dadar east – Rs 23,019 –Rs 37,895 per sq ft.
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Reasons to invest in Dadar
Dadar has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The obvious rise in demand makes investing in Dadar a lucrative option. The presence of commercial hubs in and around the locality, is making Dadar a preferred working as well as a residential destination of Mumbai.
Big-ticket projects like Sugee Group Govind Sadan, Sumer Princess, Ruparel Elavia and Rishiraj Developers Pearl Crest, make Dadar a rather posh and coveted residential neighbourhood.
Check properties in Dadar
Source: https://ecis2016.org/.
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Source: https://ecis2016.org
Category: Lifestyle
