Real Estate Trends in Dadar

Q: How is the real estate market in Dadar?

Abhishek,

27th August 2013

Locality Review in Mumbai

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Replies (5)

How many ongoing projects are there in Dadar?

Ravi Waghmare, Mumbai

27th August 2013

Comment

Kamla Astral, Omkar Aloka and Ram Kunj are some of the ongoing project in Dadar, Mumbai. The price of these apartment ranges from Rs 3 crores to Rs 7 crores.

Suresh Khanna, Mumbai

27th August 2013

Dadar west has close proximity to the western and central railway lines. The western railway is about 800 mt away and the central railway is just one km away. This makes the locality well-connected to Mumbai, Thane and Navi Mumbai. In the last quarter from April-June 2013, Dadar West has seen the highest growth in demand for 1-BHK apartments.

Sankalp, Mumbai

27th August 2013

Comment

Residential houses in both localities did not register much demand. This implies that both Dadar east and west currently witness a high demand for 1 and 2 BHK apartments while independent houses and 3/4 BHK apartments have a low demand.

Suresh Khanna, Mumbai

27th August 2013

Comment

What is the capital values of residential properties in Dadar's eastern and western zone?

Abhishek,

27th August 2013

Comment

Capital values of residential properties in Dadar's eastern and western zone have minor variations. The rent for a 1 BHK house can vary between Rs. 9,500 – 45,000. The rent for a 1 BHK flat ranges from Rs. 18,000 – 45,000 while for a 2/3 BHK flat, it is between Rs. 50,000 – 1.2 lakh. A 2/3 BHK residential house is available for a rent of Rs. 40,000 – 75,000.

Sankalp, Mumbai

27th August 2013

The last quarter saw a steady rise in apartment rates in Dadar west while it saw a minor dip in Dadar east. The average price per sq-ft in Dadar west for a multistorey apartment went up from Rs. 29,750 to 30,200 while in Dadar east, it came down from Rs. 31,300 to 29,400. Nonetheless, capital values have increased since the last year.

Ashish Bhoite, Mumbai

27th August 2013

Is it Dadar east or Dadar west which has witnessed high demand for 1 and 2 BHK apartments?

Abhishek,

27th August 2013

Dadar has the famous Shivaji Park area, the area is predominantly an upper middle class residential area. There are other several residential areas such as the Hindu colony, Dadar Parsi colony, Shardashram Society and so on. There are several developers and projects such as Omkar Aloka from Omkar Realtors & Developers, and Ram Kunj by Rohan Lifescapes Ltd already present in Dadar.

Ashish Bhoite, Mumbai

27th August 2013

Comment

Most of the residential properties available in Dadar include 1 and 2 BHK houses and apartments. While there are 3 and 4 BHK properties, there are very few. The area of a 1 BHK house ranges from 300 sq-ft - 700 sq-ft while it ranges between 720 - 1,600 sq-ft for a 2/3 BHK house. Area of a 1 BHK apartment may be in the range of 300 sq-ft - 800 sq-ft while the area of a 2/3 BHK apartment may be in the range of 700 sq-ft - 1,900 sq-ft.

Suresh Khanna, Mumbai

27th August 2013