Lifestyle

Dombivali west property market: An overview

[ecis2016.org] Dombivali is a popular locality situated in Mumbai of Maharashtra. It is divided into two – Dombivali west and Dombivali east

Dombivali comes under the Kalyan-Dombivli Municipal Corporation (KDMC) and is maintained by the same. It is located at a distance of 50 kilometres from Mumbai, around 20 kilometres from Thane and about 30 kilometres from Navi Mumbai. Dombivali west houses a population which is dominated by Maharashtrians, Jains, Gujaratis, Kannadigas, Tamilians, Malayalees and Punjabis.

You are reading: Dombivali west property market: An overview

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

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Connectivity with nearby Dombivali west 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.

  • NMMT and ST networks of bus services are operational here.
  • The nearest railway station is the Dombivali railway station, which is situated at a distance of 1.8 kilometres from Dombivali west.
  • The nearest airport is Chhatrapati Shivaji Maharaj International Airport, which is 43.4 kilometres from the locality.

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

Read also : Budget 2019: Government proposes to raise TDS on interest income to Rs 40,000

 

Employment hubs near Dombivali west

The locality is witnessing an increase in the population in the recent years, owing to its proximity to various IT hubs and IT parks in and near Dombivali west. These include:

  • Dhirubhai Ambani Knowledge City.
  • Millennium Business Park and IT Park.
  • Taloja MIDC.
  • Thane MIDC.

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

Read also : Budget 2019: Government proposes to raise TDS on interest income to Rs 40,000

 

Schools in Dombivali west and other social amenities

Dombivali west provides its residents with all kinds of social amenities to live a happy and peaceful life. Various schools in Dombivali west include Don Bosco, Vidya Niketa, Adarsh English School, Swami Vivekanand Vidyamandir, Model College of Commerce and Arts, Swami Vivekanand Junior College, SIES Junior College and many others.

The major hospitals in Dombivali west include Wockhardt’s Speciality hospital, Spandan Hospital, Mahalaxmi Hospital and Apex Hospital.

Apart from these, it also provides recreational amenities and proximity to various banks and ATMs like State Bank of India, ICICI Bank and Syndicate Bank.

The locality also provides its residents with a number of luxurious shopping arcades like Empress Mall and Everest Shopping Centre.

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

Read also : Budget 2019: Government proposes to raise TDS on interest income to Rs 40,000

 

Physical infrastructure in Dombivali west

  • Metro Railway development plans have been proposed by the government and the work is underway.

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

Read also : Budget 2019: Government proposes to raise TDS on interest income to Rs 40,000

 

  • Price depreciation in Dombivali west – Around 6.9% in last 1 year.
  • Current property rates in Dombivali west – Rs 5,353- Rs 8,229 per sq ft.

Read also : SC stays NCLT order allowing centre to take over Unitech Ltd

Read also : Budget 2019: Government proposes to raise TDS on interest income to Rs 40,000

 

Reasons to invest in Dombivali west

Dombivali west has emerged as a very convenient neighbourhood, considering the easy living conditions and many job opportunities that it provides its residents with. The rise in demand makes investing in Dombivali west a lucrative option. The presence of commercial hubs in and around the locality, make Dombivali west a preferred working as well as a residential destination of Mumbai.

Big-ticket projects like Marathon Nexworld, Runwal Codename Walk, Runwal MyCity and Krishna Enterprise Mumbai Highlands, make Dombivali west a coveted residential neighbourhood.

Check properties in Dombivali west

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

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

Debora Berti

Università degli Studi di Firenze, IT

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