Lifestyle

Dombivali east property market: An overview

[ecis2016.org] Dombivali east falls in the Thane district of Maharashtra. The locality is primarily a residential area but has a number of industries too

Dombivali has a history that dates back to the medieval period. In the year 1075, King Harpal Dev first documented about Dombivali on stone inscriptions. When the Portuguese came to India, they stayed in Dombivali. The existence of this area can also be traced back to the year 1730, when the Peshwas ruled.

You are reading: Dombivali east property market: An overview

Read also : Buying and selling property in times of Coronavirus

Over the years, the real estate of Dombivali east has shown good growth. The locality is primarily a residential area but has a number of factories too. Real estate builders in Dombivali east like Jagmata Enterprise, Om Shiv Properties, etc., have constructed several residential and commercial complexes here. One can find a variety of apartments and flats in Dombivali east, ranging from 1 to 4-BHK. However, the number of independent houses in Dombivali east is comparatively lesser than flats and apartments. Overall, there are well-constructed apartments in Dombivali east.

Connectivity with nearby Dombivali east localities

  • Mumbai is 42 kilometres away from the Dombivali railway station.
  • The Chattrapati Shivaji International Airport is 40 kilometres from Dombivali east.

Schools in Dombivali east and other social amenities

The social infrastructure in the region is good. There are several schools, colleges, hospitals, banks, restaurant and amusement parks in Dombivali east. The schools and colleges in Dombivali east include Modern English School, Holy Angels School and Junior College, etc. The list of hospitals in Dombivali east includes Icon Hospital, Vasan Eye Care Hospital, etc. There are shopping malls in Dombivali east too like Empress Mall, Jaykul Arcade, etc. The banks and ATMs in Dombivali east include HDFC Bank ATM, State Bank ATM, etc. The restaurants in Dombivali east include Domino’s Pizza outlet, Prasad Food Divine, etc. There are amusement parks in Dombivali east too like Children Play Garden, Sawarkar Garden, etc.

As per October-December 2016, the price trends in Dombivali east show that the highest rate for multi-storey buildings in the region is Rs 7,646 per sq yard, the average rate is Rs 6,189 per sq yard and the lowest rate is Rs 4,730 per sq yard. The highest rate for builder floor apartments is Rs 7,434 per sq yard, the average rate is Rs 5,785 per sq yard and the lowest rate is Rs 4,136 per sq yard. The highest rate for residential houses is Rs 8,223 per sq yard, the average rate is Rs 6,363 per sq yard and the lowest rate is Rs 4,504 per sq yard.

Reasons to invest in Dombivali east

Read also : Insights into Peninsula Business Park

The locality of Dombivali east is pretty well-developed. It is mainly a residential area and has good social infrastructure. The residential growth of the area has led to the rise of commercial and industrial sector, as well. Today, the area is home to many well-reputed schools and colleges. The transport system is also good. Renowned developers like Dynamic Build Tech Ltd, Lodha Group, etc., have already constructed complexes here. Thus, the demand for property and prices in the area are increasing day by day.

Check properties in Dombivali East

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button