Feedback about Dombivli East

Q: We are planning to shift to Dombivli East and planning to buy a property over and later on use it for investment purpose. Is it a good idea?

Dhiraj,

30th September 2014

Locality Review in Dombivli East, Mumbai

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buying property in dombivli east

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Replies (3)

How is the social and civic infrastructure in this area? What about the water supply and connectivity?

Dhiraj,

30th September 2014

Comment

Dombivli East lies just beyond Thane and before Kalyan. The area borders the Ulhas River and is close to the industrial belt of Kalyan-Ambernath-Badlapur. There are both small and big companies. The Kalyan-Shilphata Road, also known as SH-76, passes through the area and connects it to CBD Belapur in Navi Mumbai. The commercial centre of Bhiwandi is about 20 km away from the area. Dombivli railway station is on the central line of Mumbai’s suburban railway and is at a distance of about 2 km from the area.

Abhijit Thanki, Mumbai

30th September 2014

here are regular buses and trains in the area connecting it to different areas in MMR. CIDCO is currently planning to extend the Belapur-Taloja metro line up to Kalyan, which is expected to pass through Dombivli. There are several other road projects planned by local authorities in Dombivli.
Dobivli East has good civic and social amenities which continue to grow in the area. Though there is not a good drinking water supply at the moment, the area may expect a good supply as it grows, due to its proximity to Ulhas River. There are several educational institutions and several wi-fi enabled areas in the area. There are restaurants, a KDMC sports complex, a gymkhana and several shopping centres in the area.

Lalit Verma, Mumbai

30th September 2014

What about the real estate market in this locality? What is the property price going on in this area and can i expect appreciation?

Dhiraj,

30th September 2014

Comment

Dombivli East has a growing infrastructure. It is also close to Lodha Group’s 4,000 acre Palawa City project in Dombivli West. It also has several active developers including big names such as Lodha Group and Marathon Realty Pvt Ltd. As such, the area offers good investment options for people who plan to invest here from a long term perspective. It also offers a decent rental yield for people looking to invest in rental accommodation.

Property prices have been continuously on the rise in the area slowly but steadily. The average property price was about Rs 5,800 per sq. ft. during the third quarter of 2013, which is about Rs 6,050 per sq. ft. during the same period during 2014. This marks an appreciation of 4.3 per cent.

Lalit Verma, Mumbai

30th September 2014

Dombivli East is a fast growing area in the Mumbai Metropolitan Region (MMR) and is currently considered one of the best investment options in the entire region.

Lalit Verma, Mumbai

30th September 2014

Comment

Hi Lalit, Any idea what is the reason the locality is developing so fast?

Dhiraj,

30th September 2014

As far as I know this is due to its fast growing infrastructure and good amenities coupled with affordability and good growth potential. As such, the area offers good investment options both in terms of rentals as well as purchases.

Lalit Verma, Mumbai

30th September 2014